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Transcripts For BBCNEWS World Business Report 20240706



let s start with oil, because at the weekend, the secretary general of the organization of petroleum exporting countries, haitham al ghais, said he expects global oil demand to exceed pre pandemic levels this year. so what does this mean for the oil industry? joining me now is russ mould, investment director at aj bell. does this mean we are going to hit $100 per barrel again in 2023? , ., , hit $100 per barrel again in 2023? ., , ., hit $100 per barrel again in 2023? a, a a, 2023? gosh, that s a tricky question 2023? gosh, that s a tricky question for 2023? gosh, that s a tricky question for this 2023? gosh, that s a tricky question for this time - 2023? gosh, that s a tricky question for this time of i 2023? gosh, that s a tricky | question for this time of day. you can certainly construct a case where you can see oil going back up, perhaps not to the height of last year, but we have china reopening, the davos crowd and the imf seeming less worried about global ....

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Transcripts For BBCNEWS Business 20240703

Because of Consumer Prices rise too quickly the American Central Bank will likely push the timing of Interest Rates cut further down the line. On tuesday australias government will unveil its annual budget and we expect measures to ease Cost Of Living pressures in the country. On friday will have more data from china which could or should give us clues on whether consumers are spending with the release of Monthly Sales numbers. Achieve Market Analyst gave us his analysis. Market analyst gave us his Analysis Market analyst gave us his anal sis. ,. , analysis. The latest batch of us analysis. Th ....

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Transcripts For BBCNEWS Business 20240703

Bank will likely push the timing of Interest Rate cuts further down the line. Meanwhile, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on whether consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch is front and centre for financial markets. We are hoping to see maybe it will take down, two, three, 5 . If we see it heading in the right direction, then it could give the markets and momentum, as well as other assets, such as well as other assets, such as gold, and it could take some steam out of those us treasury yields, which remain elevated. But on the flip side, we know
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Transcripts For BBCNEWS Business 20240703

Prices rise too quickly, Americas Central Bank will likely push the timing of Interest Rate cuts further down the line. Were also watching this week, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on if consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch of us Inflation Data will be front and centerforfinancial and center for Financial Markets this and centerforFinancial Markets
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