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Manufacturing is not the largest portion of the u. S. Economy, but we know it is a portion that has been waning as the services portion has been taking resident president precedent. We see the nasdaq slipping into the red. Major averages coming off the highs where they were when we initially opened up. The highs that we saw in the futures overnight, the dow and the S P Still Holding on to gain. We have also Seen Movement in oil prices. You can see oil taking a sharp leg downwards. There were not any headlines that seemed to be the catalyst. Certainly a drop in manufacturing would not be good for oil prices and we tend to see oil and stocks tracking together. Stocks coming down after we saw, oil to this leg downward. I want to look at the other assets we are watching. Gold prices have been on a run, up 1 up half of 1 . Investors have trimmed their interest in gold just a bit ....
Surveillance. We are just getting some figures. This is quite telling. This gives us the mood of german confidence. Withseems to be in line what economists were telling us. The volkswagen scandal has not impacted germany as bad as we were expecting. A lot of the shift might be on the fed later on this week. We saw the index go up a little bit. The overall headline number is better than expected. Maybe that could give hope that the ecb is getting through to the economy in europe. We do have the fed later this week. Its not expected to do anything. That is what we are hoping for as well. Draghi, theseis a businessmen in germany are seeing. Francine european leaders are battling over how to handle refugees. Vonnie Angela Merkel and other leaders managed to come up with shortterm fixes. One of them is Emergency Shelter for 100,000 refugees. The western elkins have been swamped ....
And a dash of sugar. Im ali velshi in washington, d. C. And this is real money. This is real money coming to you from washington, d. C. You remain the most important part of the show. Tell me whats on your mind. Russian president Vladimir Putin and chinese president signed an historic International Deal in shanghai valued at 400 billion. China commits to buy russian natural gas for 30 years to power its growing economy. The worlds second largest after the United States. Todays deal connects russias northeast t through siberia. Todays deal has huge implications for u. S. Engagement in the world. Now in a stroke of a pen today russia got some strategic space to breathe and its confrontation with the west in ukraine. This weekend vote necessary ukraine go to the polls to elect new leaders. At the same time pro russian se ....
Dollar business with idealism and a dash of sugar. Im ali velshi in washington, d. C. And this is real money. This is real money coming to you from washington, d. C. You remain the most important part of the show. Tell me whats on your mind. Russian president Vladimir Putin and chinese president signed an historic International Deal in shanghai valued at 400 billion. China commits to buy russian natural gas for 30 years to power its growing economy. The worlds second largest after the United States. Todays deal connects russias northeast t through siberia. Todays deal has huge implications for u. S. Engagement in the world. Now in a stroke of a pen today russia got some strategic space to breathe and its confrontation with the west in ukraine. This weekend vote necessary ukraine go to the polls to elect new leaders. A ....