bloc known as mercosur likely to dominate. both blocs have entered the last stretch of negotiations to seal a trade deal that has been over two decades in the making. so what progress will be made this week? let s discuss this withjimena blanco chief analyst and head of americas research at the risk intelligence company verisk maplecroft. it s company verisk maplecroft. a really big week for ti eu it s a really big week for the eu and for south america. remind the viewers, mercosur what is it and who is involved with that and why is it taking so long for this trade pact to be aligned? be aligned? good morning, sall . be aligned? good morning, sally- the be aligned? good morning, sally. the mercosur - be aligned? good morning, sally. the mercosur and - be aligned? good morning, sally. the mercosur and eui sally. the mercosur and eu talks have been going on for a couple of decades, but in 2019, the south american block that comprises argentina brazil, uruguay and paraguay
Group could go from here. And can you believe it . Check out oil and gold over the past month. Gold up 5 , oil up 12 . Is the commodities crush finally coming to an end . Well look at that. But we start with the stock market. Earnings season front and center for investors. The big banks kicking it all off. Dominic chu is here with what investors need to know ahead of next week. We have a big week, 33 s p 500 companies or thereabouts will report next week. Lets take a look at the expectations because theyre not very good. Overall look at the s p 500 yeartodate. Down 2. 5 well call it. 2. 5 , and then over the course of this time we want to make sure earnings could be a catalyst. On average according to thomson reuters, if all analyst estimates come to fruition we could see an earnings decline of around 4. 5 over the same quarter last year. The best performers in terms of Earnings Growth anticipated to be telecom stocks. Theyre a small sector, nonetheless 11 gain. Consumer discretionary,
Last december. And it wasnt just equities tt saw strength. Oil logged a 9 gain during the past five trading sessions. Today the Dow Jones Industrial average rose 33 points to close at 17,084. The nasdaq added 19, and the s p 500 added a point. Not much, but it still counts as a win. And look at the numbers for the week. The dow and s p 500 both with gains of more than 3 . Mary thompson with more now on the big week for stocks. Reporter well, Oil Activists and expectations for Central Banks will keep from raising Interest Rates this year all helped to fuel strong gains on wall street this week. Notes from the Federal Reserves last meeting suggests policy makers remain dovish, concerned about the International Markets and the lack of u. S. Inflation. All of this spurring a move into riskier assets like stocks as well as commodities. Leading the commodities space, oil. It was up almost 9 this week as it traded above but failed to close above that 50 a barrel mark. The rally spurring big g
Last december. And it wasnt just equities that saw strength. Oil logged a 9 gain during the past five trading sessions. Today the Dow Jones Industrial average rose 33 points to close at 17,084. The nasdaq added 19, and the s p 500 added a point. Not much, but it still counts as a win. And look at the numbers for the week. The dow and s p 500 both with gains of more than 3 . Mary thompson with more now on the big week for stocks. Reporter well, Oil Activists and expectations for Central Banks will keep from raising Interest Rates this year all helped to fuel strong gains on wall street this week. Notes from the Federal Reserves last meeting suggests policy makers remain dovish, concerned about the International Markets and the lack of u. S. Inflation. All of this spurring a move into riskier assets like stocks as well as commodities. Leading the commodities space, oil. It was up almost 9 this week as it traded above but failed to close above that 50 a barrel mark. The rally spurring big
Last december. And it wasnt just equities that saw strength. Oil logged a 9 gain during the past five trading sessions. Today the Dow Jones Industrial average rose 33 points to close at 17,084. The nasdaq added 19, and the s p 500 added a point. Not much, but it still counts as a win. And look at the numbers for the week. The dow and s p 500 both with gains of more than 3 . Mary thompson with more now on the big week for stocks. Reporter well, Oil Activists and expectations for Central Banks will keep from raising Interest Rates this year all helped to fuel strong gains on wall street this week. Notes from the Federal Reserves last meeting suggests policy makers remain dovish, concerned about the International Markets and the lack of u. S. Inflation. All of this spurring a move into riskier assets like stocks as well as commodities. Leading the commodities space, oil. It was up almost 9 this week as it traded above but failed to close above that 50 a barrel mark. The rally spurring big