Londonome we send it to for the first word is. Best first word news. Another victory for donald trump, his third in a row. The catch is 45 of the vote last night. Mark and ted cruz were battling it out for second place with 20 Percentage Points behind. If you listen to the pundits, oo werent expected to win t much. Soon come of the country is going to start winning, winning, winning. Republicans now set their sights on super tuesday. More than a dozen states and territories will hold primaries on march 3. One hit a recreational vehicle in louisiana. 30 were injured and others may be trapped in the wreckage. The u. S. And china close to agreeing on new sanctions for north korea. Both countries want to punish north korea for its recent Nuclear Tests. Chinas participation is essential. It is north koreas largest trading partner. Matt chesapeake out with earnings, coming in line on etf . 16 was the adjusted loss per share. That is what the market was looking for. It was not the earnings or
Search. Is it losing its safe haven status . Away from ther close of trading this monday. Lets head to markets desk were julie hyman has the latest. A bit of a sleepy day today. Julie this has been characterizing trading over the past couple of recently as we have seen stocks take a pause after a fiveweek rally. Seeing volume in the s p 500, 34 below the 20 hundred day average. Quite a drop. We already saw a couple of the lowest volume days of the year. That trend is continuing as major averages are little changed. Elsewhere, in other at its, you take a look at the treasury market. The 10year note. We have seen the yield work its way lower. We got a gdp revision higher on friday. We got data not quite as estimated and we will hear from janet yellen speaking tomorrow before the economics. We could get more direction for the market and treasuries. We are seeing the yield go lower. Oil and gold watching as well. We see buying and treasuries, the safe haven buying is not extending to gold,
Because what it has done is announce an increase in its in 2015. L by 14 that does go against the grain of its competitors as they have been slashing compensation. While some of europes biggest lenders posted losses in 2015, 4 ubs it posted the strongest profit since 2010. The ceo receiving a 37 increase. Ive highlighted barclays. News out of them this morning. Down 1. 9 . It said it does see the current year at the top end of expectations. On target to pay a dividend of one pound per share in september. Seeing good underlying demand for its property ies. Ive also highlighted home retail, because today is the shut up and put up deadline for an offer. Guy . Guy let me take you to the imap, because i think it is a useful story this morning. It shows the rotation this week. What youre seeing is the financials, the big block of red, and health care down once again. Rotating money out of both of those sectors all week. Financials have been significant underperformers but health care has bee
More on that exclusive interview to come. Manus you are welcome to countdown. Anna a warm welcome to the program. It has just gone 6 00. Lets talk about the oil price. We are back up at 41. Both wti and brent equal with each other right now. Not often that you see that. No differential. Anna late last night, we had a member of opec talking about his expectations about the oil price, something moderate, but not high. That is even if iran does not agree to enjoy the growing group of companies that have agreed to implement some kind of production freeze. 15 out of the 16 nations are coming together in delhi doha. We do have a chart. This is Oil Production. U. S. Daily Oil Production is just coming lower. This is part of the strategy that opec would say. Wti is trading in the opposite direction. This is about many consequences. Have a look at this. Up for not had the ruble a wild. It has gone from being the most tortured soul of a currency to one with reprieve. You have a shift around the
Switch up the board. Japanese stocks higher, dollaryen higher for the seventh straight day. A stronger dollar, the theme across the fx market with the euro weaker once again weaker, marginally. Back to the low, 40 bucks a barrel. Vonnie it is one of the reasons why the dollar has been strengthening. Jon last week i got excited because the rate count we start rolling over and crude went with it. Here is your first word news. Syrian forces have scored an important victory over islamic state, taking over the ancient city of palmyra. Stateshows islamic destroyed many of palmyras statures and monuments. In pakistan, an offshoot of the isiban says it responsible for a deadly bombing, that killed 72 people and wounded more than 300. Many were christians celebrating easter. It is the worst attack in pakistan since the massacre in 2014. Bernie sanders wants to debate Hillary Clinton on her own turf. Sanders is calling for a debate in new york before the state holds a crucial primary april 19. H