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But the breakdown of oil today on Global Demand is really significant. Under 40, not only but well on to new lows right now, 39. 71 on world oil. It is much more about the pandemic than it is the epsilon off the american election. Jonathan a breakdown on the equity benchmark in frankfurt, germany, the dax suffering. What is new about today . The dollar bid through g10 against e. M. You mentioned the turkish lira this morning as well. The Dollar Strength returns with a bit of a vengeance this wednesday morning. Tom let me triangulate again here triangulate yen here, folks. You throw the dollar out and look at euroyen, and euroyen clearly indicates weak euro. Lisa teladoc a. M. , german chancellor ashtead 00 a. M. ,erman chancellor 10 00 a. M. German chancellor Angela Merkel discussing new restrictions to stave off the rapi ....
The question is, does he have a defense for the actual charge against him . Plus Kevin Mccarthy meets with Marjorie Taylor greene as pressure grows to have her stripped of her committee assigns, the question is whether mccarthy is ready to take action. And a major shakeup in the tech world as jeff bezos prepares to step down. But does he plan to step away . It is way too early for this. Good morning, and welcome to way too early. The show that really just show that its delivers stay on time. And we start with the news. House Impeachment Managers are arguing that Donald Trumps responsibility for the events of january 6 is, quote, unmistakable. While the former president s lawyers countered by denying the allegations and calling the whole trial unconstitutional. ....
Oracles cloud revenue surging by growing ai needs. The boeing challenge citing delayed aircraft deliveries, rethinking the 2024 financial forecast. Lets begin with the Market Reaction to cpi. We mentioned a tenth hot at. 4. Shelter and gas 60 of that. Surprises in here, mike. Apparel up. 6 , a topic of discussion. Yes. I think what the market did, there was a quick reflection when they said, okay, this is hotter than expected. Stocks back up. Then the rethink was, well, the things that matter and that will translate into what the pce inflation number is going to say combined with how high a threshold was set by powell last week for changing their premise that they are preparing for likely rate cuts in the summer. I think all that fit together. The core services, stubbornly firm, inflation readings there, dont translate that the pci will go in the same direction. Thats part of the mix. We are also geared for shelter being stubborn ....
The faa audit. Later, disney gets personal as nelson peltz takes on the board. Its tuesday, march 12th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being here with us. Lets kickoff the hour with the check of the u. S. Stock futures after the mixed session yesterday with the nasdaq posting the second down day in a row. Look at futures right now. Just a mixed picture. Dow is moving a flat. The nasdaq is firmly in the positive territory. S p is the same story. Stocks are looking to make up ground this morning, especially after nvidia with the sharp move lower on friday. Its biggest down day in a year on friday. It was higher yesterday and higher this morning. It is up 1. 5 . Nvidia is among the premarket gainers. We have the cpi due out at 8 30 a. M. Eastern time and we see the benchmark at the ....
Get some good numbers from the companies. General electric the former industrial powerhouse, reported a terrible number and the stock cascaded down at first after candied talk with the new ceo it rallied s p climing 1. 5 nasdaq, equal 1. 3 , records. Why does this matter because i feel emboldened when we get a report like we did from General Electric and the other side come out unscaved some of them is because of the the benign back drop from washington when the senator agreed to move forward on tax reform still though, lots of companies with cash overseas that can be repatriated here as a low tax rate as part of this reform, some others take off with that in mind, lets go to our game plan for next week. On monday, we hear from iconic, the engineer portion of the old alcoa. This is a very important time for the stock because the company doesnt have a ceo its time something happened, give us a darn ceo here. Chemberly clark repor ....