Anna welcome to the program. Asian markets getting a boost, betterthanexpected export data out of china. Let us talk about the oil. The big story the last 24 hours, briefly dipping below 30 a barrel. We have a great story on the terminal, talking about how 11 months ago, we were talking about 20. The not look as crazy. Beus i thought we would cheeky and sneaky today. Jeffrey gundlach says oil below 40 is causing frightening political paper. We might make it to 45. Anna let us talk about the Foreign Exchange markets. Tradeng to the chinese data, that is reflected in the market. The aussie dollar and the rand getting a boost, because of the stable fixture on the yuan, reflected in the japanese currency. Knus we have the japanese urodas former deputy, theyre more comfortable with u. S. Futures trading higher. We will have more throughout the program. This goes back to yesterday grade goldman said it might be time to buy. Gundlach, and jeffrey says they will likely struggle before a buying
Ok. We need to get you up to speed. Its been a busy morning, and weve got a lot of moving pieces we need to make sure you are aware of. Lets get to caroline hyde. Caroline good morning. Chinas trade surplus widened, and exports recovered last month. The worlds second largest economy and trade balance increased to 60 billion, taking the full your tally to 594. 5 billion. Analysts report a weakening yuan has rocked markets this year. Persistent oversupply of crude means prices still havent staved off the threat of further decline. The bloomberg commodity index, a gauge of return for Raw Materials, that has tumbled to its lowest level since at least 1991. Barack obama is to his final state of the Union Address to call for a more noble politics come expressing regret at americas deepening division. He hit back at claims that the u. S. Economy is in decline. President obama the United States of america right now has the strongest, most durable economy in the world. Anyone claiming that amer
The United Nations High Commissioner on Human Rights Völker Türk Wednesday joined the list of those condemning Real Madrid Brazilian striker Vinicius Jr being called “a monkey” during a Spanish First Division clash with Valencia last weekend.
Madrid, May 21 (EFE).- Atletico de Madrid blanked Osasuna 3-0 at Metropolitano Stadium on Sunday, earning a berth for the 11th consecutive year in the Champions League and regaining the No. 2 spot on the La Liga table after Valencia whacked Real Madrid 1-0 in a controversial and tense match where Vinicius complained about racist …
Sports Desk, Apr 30 (EFE).- Atletico Madrid is doggedly pursuing Real Madrid, looking to secure the No. 2 spot in Spain’s La Liga, downing Valladolid on the road 5-2 for the eighth time in its last nine contests. The capital squad hit the twine three times at Jose Zorilla stadium before the intermission and then …