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Grown diamonds and what is next for debeers as it faces a potential spinoff. I matt miller on this monday here in new york city, welcome to Bloomberg Markets to kick off the week. Irans president has been killed in a helicopter crash. The foreign minister also died in the accident. Iran has entered five days of mourning and an election will take place in the next 50 days. Bobby joins us with more details. I guess the most important question is how did this happen, who was involved . Bobby we do not know anything to suggest this was not an accident. This was a three helicopter convoy flying from the northwest of the country. Its a mountainous part of the country. There was bad weather, fog and rain. Remember iran has been under economic sanctions now for decades but they have not had the access to parts of technologies. Theyve not been able to buy so this is a very old craft in quite treacherous weather. There is no indication t ....
Cheaper with effect fed concluding its twoday meeting tomorrow at this time. Fromtle bit of unwind yesterdays trade. The dollar gaining versus the euro and the yen. There is less risk aversion at play. Where does that leave commodities . Energy and some metals are stabilizing. That is giving a lift to the index, which marked the only second gain in the session. Year to date, there is a dramatically different for a. Down 11 . You can see a series of lower lows here. Commended march, a recovery that he in may, and the bottom falling out over the last couple of days into the middle of july and the end of july. As we next this outcome is going back to 1991. Since 2000 two, a 13 year low. Us on the back of the stronger dollar. Demand, or signs of we demand from china as well. This is a story to will cover for the rest of the hour. Lets take a look at some of the top stories crossing the bloomberg terminal at this hour. Attorneys for convicted israeli spy jonathan pollards taking has been gr ....
Are not seeing a bigger reaction . Julie there was a bigger reaction when he opened, but it has since abated. It seems like nothing will stop the engine of this rally or small moves on a daily basis. That is what we are seeing today. Stocks are bouncing up a lows of the session. If you look at the groups in the s p 500, we have got about half even between green and red on the screen. Even the declines are now updating to some extent. Telecom stocks leading. Health care continuing its run in a particular group. We have Consumer Staples tech and energy in the red, for not having as much of an influence. Financials are on the unchanged line. Financials were earlier in one of the worst performing spots. One of the things tied up in the financials has been the bond market. We have seen steep selling earlier in the day. Buying in the bond market. Bonds earlier saw a drop in field of his as much as five basis points. It is now three ba ....
The month of may, by without the Prime Minister. Other Party Leaders go head to head as the latest polls show labour closing the gap on the conservatives ahead of the june 8th election. The Russian Central Bank governor tells cnbc exclusively that there is room for Interest Rates to go lower. We cut our Interest Rates. I think we have room for easing more. The base of this easing will depend on the economic situation. Glad youre with us on this thursday morning. Lets get straight to eurozone Economic Data in the form of eurozone manufacturing pmi, surging in may as new orders mount up. We have the may final factory reading at 57, the strongest in over ....
Airliners, u. S. Flights and jets rather were scrambled if we have to jump at every threat that terrorists look like theyre winning doapght they . And this man look at him. Heartthrob to millions one of the kings of his sport. Well hes going to get a new boss. Who is he . Bet you dont know. Varney company is about to begin. Every second that ticks by the future is turning out. [inaudible] well that was a clip from dis iins tomorrow land it only made 41 million but it cost 190 million to make. Some could call that a flop because it gets preachy about Climate Change. E personally dont think that moviegoers or voters for that matterment a lecture on a Holiday Weekend, do they . I dont think they do stuart. Ting that numbers make that point very well. 41 million in the first Holiday Weekend. A graphic that gives you an ide ....