Talking about how it might be wise to park your money in the shorter end of the curve at the moment because that is where you will get the most value. Dollar Index Holding onto those atengthening inclinations 98. 55. Crude back below 60 a barrel. We will speak with paul sankey of mizuho and get his thoughts. S,y a bit of breaking new the fed will conduct that repo 1010 am. And close the then the repo got canceled for foral reaso technical reasons. Mike mckee will be on shortly to explain why this is important, particularly just before this into spaded fed cut. Lets talk about where we are with the markets. We are now seeing a significant dropping in the price of crude. The brent benchmark was down by 5. 5 . Reports suggesting we will see 70 of saudi crude back in the near term. Certainly taking the shine off the price of crude. European stocks feel like they are in prefed mode. You can see that on the other side of the atlantic as well. We are just waiting and watching. Getting into th
A look at european equities and how they are trading right now. The biggest declines for greeces asc since june 24 last year. Spain lower. Italy. Referral stock markets declining. Stock marketsl declining. One of the many questions that will be uncovered as these Coalition Talks begin in germany. Euro down on the back of the german election. Bond yields declining. Some corporate stories to tell you about today. Unilever agreed to buy a south Korean Company for 2. 2 billion euros. Shareholders who own it are bolstering unilevers position in one of the worlds biggest skincare market. The brands include dove, ben jerrys. The acquisition marks a shift from other recent purchases. Shares, to be fair, are barely changed. U. S. Private equity firm hellman net,reeman agreed to buy adding to a wave of acquisitions this year in the payments industry as investors seek to profit from growth in online commerce. Up by 6. 3 . Ts hellman and friedman will offer shareholders cash. That is the day befor
WRN had a busy September and is looking forward to an equally busy October updating new and existing shareholders on the latest Company developments. Next week.
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