Mutations its affecting newborns inspecting europe if we speak to a frontline doctor in the us where the overall death toll has now climbed to nearly 30 1000. 00 plus back to class with caution denmark becomes a for us to european country to reopen schools but some parents are concerned and in other news more than 2 dozen Rohingya Refugees are found dead on a boat drifting off the coast of bangladesh. Thank you for joining Us Donald Trump says a number of new corona virus infections in the u. S. Is slowing even as a country reported at reckitt 2300 deaths in the past 24 hours alone the us president also renewed his criticism of the World Health Organization suggesting it deliberately misled the world in the early stages of the outbreak on wednesday he announced a halt in funding to the w. H. O. Which is leading the Global Response to the corona virus and demick. Tragically other nations put their trust in the w. H. O. And they didnt do any form of ben and you see what happened in italy
Far, up 8 . Check out whats happening this morning. Things have barely changed. The dow futures are up about 12 pokt. The nasdaq just under one point. If you havent woken up there is a full moon out right now. On todays squawk planner economic data. At 8 30 eastern, the earnings. The news in earnings big oil will be in focus. Among the names posting quarterly rults, exxonmobil and chevron. The weekly bag lyly Baker Hughes Rig count is a number of the rigs actively developing oil or natural gas in the United States and canada. We went up to 70 60 for a little while. Everybody came back in. People predicted that. They didnt need to get to 100. Isnt crude down . It is. 48. 52. They think we could be looking at a threehandle on wti because the fraccers have gotten so good. These what . Fraccers. Thats werdird. Theyve cut costs. They dont need oil prices to stay high. You say it it seems like just coming out of your youre normally so proper. These fraccers. You know what else is hard to say
Please, krjim cramer yesterdays sell all or todays recap. Dow falling 12 point, s p advancing. 01 nasdaq climbing 1. 5 were lucky to have guests on this show that can help us answer crucial questions about tack before we hear from them, let me give you my take on the sea saw action and the leaders of this Market Action i know, you feel like man, i got vertigo and seasickness. First lets tackle the real cause of the week starting last weeks technology. You all know the epicenter here, its its apple for heavens sake last week we started hearing run wins even before orders can possibly be that apple was having problems selling the release of iphone 8 how much confusion is there when it goes on sell, we still have people calling the 8 the 10 and people calling the 10 the x by mistake. The Software Companies making products for iphone and the watch got hit to too not that you should own apple but you should trade it. In the end, most people who try to trade apple end up buying high and sell
Were not at war with any shareholder. We believe in constructive dialogue with all our shareholders. Well be seeing all of them for the road show in the next couple weeks after these results. The dollar index falling to the lowest level since early november as the euro inches higher ahead of eurozone gdp data. Good morning. Welcome to street signs. Glad youre with us once again. We have a lot to get through. Lets kick things off with the monthly iea report extending the Oil Production cuts last year by major global producers may not help trim stockpiles to the required fiveyear average, thats according to the iea this morning. Thats a cautious note for the market it also says the oil market rebalanced during the First Quarter of the year and this trend will accelerate in the shortterm. Lets get out to Neil Atkinson at the iea. Always a pleasure speaking with you. Want to talk about the point i mentioned first, you basically say that extending this oil output agreement will not make a m
Percent. European a equities, big story was the big rise in the euro last week. And green across the board and there the euro i know you watch it closely. I had in my plans and forecast for 2017 that the dollar was going to get stronger forever and hurt exports and Everything Else and i need to recalibrate. Dollar down by 5. 6 lead story in the journal. And taking a check on crude oil that must mean that crude is at about 100, right . No, wait you would think it is soenl easonally strong su period also. I left at about 2. 15 and its back exactly a staggering move in the ten year last week so something happened every central bank said get ready. So you have 15 basis points on on the ten year. I dont believe the bermuda central banker said that is that the 13th branch of the fed . Right my biggest concern is i cant believe the ocean can be so clear and so aqua and the beaches so incredible. Yeah so im trying to deal this morning. Some of these things are important i think, but not everyt