, at bloomberg s european headquarters in london. manus: ahead, we have two big interviews. in 10 minutes we speak to the ceo of italy second-largest bank. paolo.n francine: then we are joined by continentale chief executive offers. manus: first, commodities are trading at their lowest in 13 years with oil, metals and crops being effective. francine: supply gluts and the slowdown in china and prospects of the yard the rise in u.s. interest rates extending the rout. us is the bloomberg managing editor for commodities. been oversold are we are expecting bad news? that depends a lot on what happens in china, about how the story develops. we see data that shows a slowdown in the real economy. if you start to feel that, the bearish mood can continue. links one of the biggest is between china and the producers. we have had everybody through the door. if we look at what the miners are doing and the china story, how does that balance? will: even at these prices, miners will stil
veronica: here it is. garrett county. we do not have any advisories for our immediate area, but we are watching those elevated surfaces. frederick, maryland. that will take us to 10:00 until 11:00. today, we will be looking at flurries coming through. a system passing east of us. the wind will be quite strong, bringing all of that through our area. we have a cold front that will continue to allow our temperatures to drop. this area of low pressure coming into west virginia, as that comes east, it is going to tap some of that cold air and moisture coming together. we really think that will be martinsburg down toward winchester. look at the hourly forecast. 9:00 a.m., d.c. things will start wrapping up and we will be left with flurries. flurries for the afternoon. 45, the high temperature for today. wind chills will be in the 30 s. tonight, wind chill s in the teens. we will go from the umbrellas to the heavy coat later. how about the weekend? i think you will have to break out
this is the markets we are looking at in terms of global equities. this is a second straight day of rallying, s&p 500, futures advancing, crude oil s advancing to levels we saw back in october. jumping, s dollar also and the nation s bond following after the nationsbank released minutes of the latest meeting. let s get straight to the bloomberg first word with nejra cehic. nejra: thanks. broad-based a weakening of inflation pressures was behind this month s surprise interest rate cut. the australian central banks first reduction in a year came after cpi fell on the first quarter for the first time since 2008, even as the growth outlook remains steady. still, the aussie dollar jumped, as they said the deal wasn t viewed as a slamdunk, reducing the likelihood of a follow-up move in june. george soros has cut his funds in u.s. stocks by more than 1/3 in the first quarter and bought a $264 million stake in the world s biggest bully and producer. he s warned of risk stemming from
a very warm welcome to the program. this is live from london. 6:00 in the morning here in london. let us put the first quarter into context. we will continue to do that throughout today s programming of course, as we started the last day of the trading quarter. and with that in mind, here is a countrythe mcsi all coming through here in the white. you see the bounce at the middle of the quarter mark. and this would be circled here, this is the fed statement that two from four previously. that gave the equity market rally a bit of a boost. in the blue, the dollar index. you see the contrast or the way that these two asset classes are moving in the same direction, going up as the same time the dollar is coming down. he talked about this yesterday, after what janet yellen was saying. and we had another fed official overnight giving us kind of dovish rhetoric, the same kind of signals from charles evans. talking about how the fed will be tolerant of inflation, above target for a b
1. newspaper, alle 2000 london police officers are authorized to carry a gun on duty. intelligence agency has warned that islamic terrorist may be planning the attack and a european city. market news with julie. julie: if you take a look at features this morning, you will see very little movement on this last trading day of 2015. that means there is as little suspense. we do not know if we are going to have a gain or loss for the s&p 500. if you look at the year to date chart, we are hanging onto a gain of .25%. what happens today will be pivotable if stocks rise, that will be the fourth consecutive yearly gain. if they fall, it will be the worst year since 2008. in 2011, stocks were almost unchanged on the year. so, interesting here that we do have it s down to the wire on the last day. want to check on crude oil prices put a have been watching closely this year as well. there, too, you re seeing them unchanged. very unusual but perhaps not as unusual on the last trading day