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Cheerleading forward as we expect politicians to do. The underlying math on the thursday past was outright graham. Outright graham. Whether it was germany or russia. Increasedew york city 9. 8 yesterday. That is a huge fall back from the end of may story we have been getting. Francine if you look at the pattern, if it is anything like we saw in france, gets better and then gets worse and then get better. Bear with us and good luck to everyone. Lets get to the bloomberg first word news in new york city. There china hasnt had an economic report like this in decades. The coronavirus pushing the countrys economy into a contraction in the First Quarter. Gdp shrinking to 6. 8 from a year ago, the worst performance since at least 1992. Recovery will not be easy. Coronavirus has hammered business around the world. China will have to demand will have to rely on fragile domestic demand. It is a threephase process. The president says some pha ....
Is consistent and significant. Significant move up thats also consistent thats my view hitting the mark. Saudi aramco valuation touches the 2 trillion but pairs gains within minutes of opening trade. And polls open in the uk with voters across the nation heading out to vote in the election. A very warm welcome to street signs. Before we get to all the big topics today macrowise the latest Oil Market Report they have kept their Oil Demand Growth estimates for 2019 and 2020 unchanged at 1 million a day and 1. 2 million a day respectively saying the oecd amount of barrels is set to fall in the first annual decline since 2014. On the supply side, the number of barrels fell. For november, oil supply held steady as higher u. S. , canada output was offset by saudi cuts. They make an interesting note that in september, the Unit ....
For a new institute that will study the ethics of Artificial Intelligence. And all the sport withjohn watson. It isa and all the sport withjohn watson. It is a make or breakfor and all the sport withjohn watson. It is a make or break for scotland if they are to reach the knockout stage of the womens world cup. And helen will be here with the weather. What a display yesterday evening gcioss what a display yesterday evening across Eastern England. There is something a little my settle heading oui something a little my settle heading our way and we will talk storms and High Pressure a little later. See you later on thank you. A whining from Health Experts that a public mistrust of vaccines means that the world is taking a step backwards in the fight against de ....
Report. Now, were going to go through all the numbers in a moment, but that headline number, inflation 3. 4 , thats going to be factored into the federal reserves Interest Rate strategy, all right . If heres the markets reaction. Investors like this. The dow industrials up maybe 150, nasdaq up maybe 80, 90 points. Ful the 10year treasury yield, its coming down. Its off 7 basis points, all the way back to 4. 36. Stock Market Investors really like that. The 2year treasury yield also on the downside is, 7 basis points, 4. 74 right there. Bitcoins going up, 63,7000 at latest count. Gold is going up, 2376. Its up 16. Oil, not Much Movement. Youre at 77 a barrel, and gas, again, not Much Movement there, its at an arrange price of 3. 60 for regular if diesel, no change, 3. ....
Im anna edwards. Im rishaad salo. Anna fascinating markets this factor we increasingly in less chance of a fed Interest Rate hike in september, that seems to be many of the equity markets are basing their move on. On throughnvestors where we have been. The asian stock market picture. We have the hang seng up by 3 10 of 1 . The asiapacific up by 3 10 of 1 . We have the aussie dollar up by half of a percent. The Australian Dollar increasing even before we got the Interest Rate decision, increasing for a sixth day. No change from the rba. We will discuss that a little later. 1. 9 as markets weigh up this commentary and agreement of sorts between russia and saudi arabia. We heard about it in the middle of the european trading day, but markets talking about those efforts to stabilize oil prices. 1326. Ice is stable at lets g ....