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Assessment of Global Energy demand. Saudi arabia is cutting output to the lowest level since 2002. As mentioned, we are looking at the start of the trading session. Thats get over to Sophie Kamaruddin in hong kong. We are expecting moves to the downside. U. S. Futures holding onto a three day decline in kiwi stocks. The index is off by about. 33 and markets are priced in new zealand to join the negative rate club. Amid calls for more stimulus around the world, we are waiting to see if china will cut the rate for the third time this year as the country grapples with a week start and millions of unemployed. Emerging from lockdown, the global stock rallies are sputtering. Risk is wave infection being weighed alongside the threat of business failures and job losses becoming permanent. Beyond that, the aussie dollar is bearish and ahead of the april jobs report. It is seen with ....
Run continues. 111 s p new highs today as we watchaction in technology. Despite some downgrades and plenty of commentary from henl fu hedge fund managers. Alphabet becoming the fourth firm to reach a trillion dollars. The five Top Tech Companies account for 70 of the s p and worth 5 trillion combined happy friday, gent, go tshggente you. Good to see you barry, you had moves in markets, bull markets of the 90s compared to bull markets of the 20s you said we have not hit the blow off top but were on our way. If you look at the exponential trends, a curve increasing at an increasing rate that characterized the 1920s bull market. It characterized the 1990s this one has been more linear and it doesnt have the upward sloping curve since the 2009 low. So i find it hard to believe that weve seen the top because we have not entered that parabolic move how would you know when were close . Well, youll see the parabolic move that will be ....
From the u. K. General election are predicting a landslide victory for the conservative party the vote count is currently underway and if the projections are correct Boris Johnson has won a new term as Prime Minister and a quick look at the numbers there are 650 seats in the house of commons so a party needs 326 to hold a majority and if the exit polls are accurate the conservatives will be well clear of that number with 368 seats for more on this we can now cross live to our tailor who is in london with following this for us thanks so it looks like a good night for the tories at the very least what more can you tell us. Well this is being billed as the annexation of a generation and if you could look at today scenes up and down the country that seems to support it because in the u. K. People wind rain or shine with standing in the longest of queues some even waited up to 45 m ....