Surveillence. Is a look at european stocks. Theyre getting the most in two weeks. Its a little bit better than our preliminary estimate. We see the German Economy powering through overall. We also saw some unemployment figures that beat estimates. Commodities extending a little bit of a record run. Eurodollar, a lot of focus on the currency today. Yield is atyear 1. 95. This is a we have coming up on surveillance. We will hearing from john chen. 10 00, we will be joined by Stephen Michael smith. Cklowsmith. A they will be seeking to joshua green. Will be speaking to joshua green. Onto nejra cehic. Officials debated the risk to american outlook last month with some concerns about inflation and robust growth. The minutes of the meeting show most participants reiterated support for, quote, continuing a gradual approach for raising the target rate. In three moreiled hikes for 2018. In the United States, the worst storm of the winter season has knocked out power to thousands of homes and bu
Welcome, this is countdown. They did it, the iranians and saudis got together and got on the same page. This is what has been agreed. A new corridor or for production. , the bandwidth. 33 Million Barrels a day. If we take it to the extreme, they agreed for november. 700 50,000 barrels of production per day taken out of the market. The question is how does it get allocated. It ran looks as if it may have an exemption iran looks as if it may have an exemption. The detail is one question. Who is going to produce what exactly. How will the russians respond . And what will the shale producers say . That was the fear from the saudi side that if the deal was agreed, would that encourage more u. S. Production. We are on you where various acids including oil prices. Saw increases in oriole yesterday. This is where we are now. Both have moved up considerably in the next 48 hours. Currency sachs has said it is probably worth 10 a barrel. That takes you into 55. 60. It is going to provide shortter