Im francine lacqua. It is all about the fed and what heard from the minutes yesterday. The europe 600 started and they are unchanged. The minute showing the policymakers wont rush to raise rates. This is a picture for gold. 1,229. We wanted to show you japanese yen, advancing to a 17 months high. Brent crude 39. 8. We had some stockpiles in the u. S. Yesterday. Oil. A note on the goldilocks number for oil is 35. Dutch voters have rejected a treaty between the European Union and ukraine by a margin of 221. The result of the referendum has exposed the extent of anti e. U. Sentiments. Britain decides to leave the European Union the outcomes are potentially unknown according to jamie dimon. He says even in the best case scenario, there would be years of uncertainty. A brazilian congressional report has recommended that impeachment proceedings against president rousseff move forward. The report found evidence she used illegal financing. Seff says the charges are baseless and her supporters
Dip on concerns it cant maintain the momentum. Jpmorgans jamie dimon outlines his take on the brexit in his annual letter on the outcomes of an eu vote. Large and potentially unknown. Welcome, it is countdown. I am manus cranny. Lets get into the clear message the fed wants you to get. There will be a rate hike this year, a dovish janet yellen, the minutes confirm everything we heard, and mr. Bullard says there is a debate, but if you look at wrip, a rate hike in the usa, that is not on the cards anytime soon. By december, 53 . The dollar is down. That is the message from the fed. Get it and get it clearly. Global concerns will trump the domestic issue. The s p had biggest rally. , the biggest rally in almost four years. What you have here is volatility dropping. There is another story, 1 trillion worth of stocks being shorted. What happens at the u. S. Equity market really takes flight. As talked about dollar again this about dollaryen. The dollar lost 6 since the fed raised its rates