Mike Gupta News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Mike gupta. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Mike Gupta Today - Breaking & Trending Today
Ahead of fridays g20 summit. At 10 00 we get factory and goods orders for the of may. This afternoon the fed will reap the fomc minutes of last weeks meeting. President trump will be heading to europe for the g20 summit. The question is of may. This afternoon the fed will reap the fomc whether they are going to spend the time talking about geopolitics or trade. Heres kevin cirilli. We thought it was going to be all about trade. It doesnt look so much right now. It looks like its going to be all about north korea. The administration sending clear singles they are hoping to put pressure on north korea. As a result of their testing of an Intercontinental Ballistic Missile on the fourth of july. We should note that secretary of state Rex Tillerson has echoed u. N. Ambassador nikki haley who has called for there to be a laterl you in meeting this afternoon with ....
The oil market rebounding faster as opec implements the deal that i do not know if it has had an impact. It seems pretty selffulfilling, right . We knew they were looking for some kind of agreement to freeze production. If that is implement it, it will help the oil markets. The iea coming out with its monthly report, saying they see the Oil Market Rebalancing faster if the opec deal is important in. It seems a given, but who am i to say . You see brent at 33. 01. We will have plenty more on the iea and go live to a stumble for the petroleum conference. First, here is sebastian selleck. Seb the Republican Party a conferencecalled on Donald Trumps embattled campaign after paul ryan said he will not defend or campaign for the candidate after the comments about women. Stick to illegal immigration and stop running hi ....
Should work on a clear path forward to provide reassurance about potential market distortions or risk from the latest stimulus effort. The yuan headed for the biggest two day gain in a month. The move came after a decline in the dollar that saw the bloomberg dollar index fall 1. 1 25 month low on thursday. That extends the fall after the Federal Reserve scaled back its forecast for Interest Rate increases this year. In brazil, a judge issued an thenction suspending presidency chief of staff. That is as congress restarted the impeachment process. Antigovernment protests continued overnight intima brazils biggest cities. In some of brazils biggest cities. Anna thank you very much. Now lets get into our chart for the hour. Guy johnson joins us with the chart. Guy it was over there. Anna it was there . Manus i apologize. [laughter] manus this is live tv. Anna something about the ....
Anna welcome to the program. Asian markets getting a boost, betterthanexpected export data out of china. Let us talk about the oil. The big story the last 24 hours, briefly dipping below 30 a barrel. We have a great story on the terminal, talking about how 11 months ago, we were talking about 20. The not look as crazy. Beus i thought we would cheeky and sneaky today. Jeffrey gundlach says oil below 40 is causing frightening political paper. We might make it to 45. Anna let us talk about the Foreign Exchange markets. Tradeng to the chinese data, that is reflected in the market. The aussie dollar and the rand getting a boost, because of the stable fixture on the yuan, reflected in the japanese currency. Knus we have the japanese urodas former deputy, theyre more comfortable with u. S. Futures trading higher. We will have more throughout the program. This goes back to yesterday grade goldman said it might be time to buy. Gundlach, ....