Tom keene in new york. Equities are focusing on m a. Tom yesterday, markets were subdued. A continued slowdown off of thursday or friday. Maybe off the reality of how entrenched europe will be. The photo at the beginning of the show of the two chambers of the french government meeting with mr. Hollande was quite something. Francine it was. Now the shift we see towards russia may happen in the next couple weeks if not earlier. At least they have a common fight. Investorhe german zew expectations, and little less than we were hoping. Lets get news. A second day, french planes attacked Islamic State targets in syria. The french say they destroyed a command center and training site, part of frances response to fridays attack. Francois hollande is calling for a u. S. Russian alliance to defeat Islamic State. Them and alliances needed to destroy the terrorists. President obama has rolled out the possibility of sending Ground Troops to syria and iraq, calling it a serious mistake i will commi
Lets get the price of oil up for you. Iea is putting out the report. They are saying they are seeing a glut last until late 2016. Another 12 months of oil glut. They talk about opec. They say opec will continue pumping. We saw december for opec is basically saying you can pump as much as you want. That is the picture for u. S. Crude. 36. 60. Brent 39. 49. A lot of investor saying we could go to 30. Emerging markets stocks are headed for its longest losing streak in six months as concerns grow about next weeks tread meeting. Mark barton has been charting it. Mark if you want to gauge how riskaverse investors are ahead of the fed Rate Decision on wednesday, look no further than the msci emerging markets index. This is the last eight days. For an eighth consecutive day. Period. 5. 6 over that this is the longest losing run since june. A slumping Commodity Prices to a 16 year low. Concerns about chinas economic slowdown and the prospect of higher u. S. Interest rates, which are lessening t
I am manus cranny. Anna it has just gone 6 00 in london. We have a good chart. Manus flashing in green. It breaks the 40 a barrel level. That is incredibly important. You saw the cash market for brent drop below 40. Of course, this comes on the back of a rather dysfunctional opec meeting. Anna we will get further , but they are quite we will on oil in 2063 talk to Societe Generale in 2016. We will talk to Societe Generale. Retest thesen lows. You are seeing a buildup in the 38 put options. Investigators are taking a big at that we will see wti down 38. The volume is tremendous. Anna good morning, caroline. Caroline Energy Stocks have slipped after opec gave up all pretenses of acting as a cartel. Pumping in an effort to squeeze out rivals such as russia and the u. S. Wti crude is once again below 40 per barrel and their is a Record Number of beds that it will fall below 38. President obama described last weeks shootings in california as an act of terrorism. In a rare speech from the ov
The requirement for more finance. Sources close to the negotiations say eu delegates expressed their willingness to increase funds. The u. S. Says aid should be provided in return for developing countries efforts to cut emissions. It claims emerging countries with robust economies should share the cost. Japans environment minister outlined japans Financial Assistance. She said her country plans increases the annual contribution to more than 10. 5 billion in 2020. Nhk world has been following all the developments from the climate talks in paris and has this report. Reporter ministers and top officials have been attacking this for a decade. The main goal is to keep the rise of the worlds average temperature below two degrees compared with preindustrial levels. Scientists calculated the total amount of greenhouse gasses emitted since then must not exceed 750 billion tons. Mankind has already emitted 2 3 of that number. Most of it came from the industrialized world. Developing nations such
The requirement for more finance. Sources close to the negotiations say eu delegates expressed their willingness to increase funds. The u. S. Says aid should be provided in return for developing countries efforts to cut emissions. It claims emerging countries with robust economies should share the cost. Japans environment minister outlined japans Financial Assistance. She said her country plans increases the annual contribution to more than 10. 5 billion in 2020. Nhk world has been following all the developments from the climate talks in paris and has this report. Reporter ministers and top officials have been attacking this for a decade. The main goal is to keep the rise of the worlds average temperature below two degrees compared with preindustrial levels. Scientists calculated the total amount of greenhouse gasses emitted since then must not exceed 750 billion tons. Mankind has already emitted 2 3 of that number. Most of it came from the industrialized world. Developing nations such