anna: unwavering resolve. china will retaliate after the u.s. blacklisted huawei. trouble afoot. nike and adidas lead a chorus of shoemakers urging donald trump to rethink tariffs on products made in china. 173 firms signed an open letter to the president. bp s climate problem. the oil giant under pressure from shareholders to uphold the paris agreement. we are less than a half-hour away from the start of european trading. it could be a risk on day. take a look at a three day trade treasuries. the yield continues to rise higher and higher. investors are less and less concerned about the trade war that freaked everybody out last week. take a look at futures here. after a negative day in european cash trade yesterday and in the u.s. cash trade as well. we had a rise in asian stocks giving a lift to european futures. dax futures are gaining 6/10 of 1%. ftse futures up 0.4%. what are you seeing on the gmm? nejra: they csi 300 up by 1.4%. the indonesian markets, philippine also do
it is 30 minutes focused on the companies, physical assets and hottest commodities with the smartest voices in the business. first, spot on. our take on the big story. joining me is the cofounder of energy aspects. and our spotlight is on oil prices, trading at a four month high. opec pushed back a decision to extend production cuts until june. in consideration that market fundamentals are unlikely to materially change in the next two months, the jmmc decided to forgo the full ministerial meeting in april, and schedule a meeting in may ahead of the opec conference meeting on the 25th of june. alix: was that the right call? richard: i think opec is buying itself a few more months to see how the data comes in. fundamentals have not done nearly as badly as expected in the first quarter. they also just don t know what is going to happen with venezuela, with iran when the sanctions come up for renewal in june, looks like they may. better time to be trying to revisit that decisio
edge. it is 30 minutes focused on the companies, physical assets and hottest commodities with the smartest voices in the business. first, spot on. our take on the big story. joining me is the cofounder of energy aspects. and our spotlight is on oil prices, trading at a four month high. opec pushed back a decision to extend production cuts until june. in consideration that market fundamentals are unlikely to materially change in the next to months, the jmmc decided forgo the full ministerial meeting in april, and schedule a meeting in may ahead of the opec conference meeting on the 25th of june. alix: was that the right call? richard: i think opec is buying itself a few more months to see how the data comes in. fundamentals have not done nearly as badly as expected in the first quarter. they also just don t know what is going to happen with venezuela, with iran when the sanctions come up for renewal in june, looks like they may. better time to be trying to revisit that deci
it is 30 minutes focused on the companies, physical assets and trading behind the hottest commodities, with the smartest voices in the business. first, spot on. our take on the big story. joining me is the cofounder of energy aspects. and our spotlight is on oil prices, trading at a four month high. the news is that opec pushed back a decision to extend production cuts until june. in consideration that market fundamentals are unlikely to materially change in the next two months, the jmmc decided to forgo the full ministerial meeting in april, and schedule a meeting in may ahead of the opec conference meeting on the 25th of june. alix: was that the right call? richard: i think opec is buying itself a few more months to see how the data comes in. fundamentals have not done nearly as badly as expected in the first quarter. they also just don t know what is going to happen with venezuela, with iran when the shanks than waivers come up for june looksmay, so like a good time to m
hottest commodities with the smartest voices in the business. first, spot on. our take on the big story. joining me is the cofounder of energy aspects. and our spotlight is on oil prices, trading at a four month high. opec pushed back a decision to extend production cuts until june. in consideration that market fundamentals are unlikely to materially change in the next two months, the jmmc decided to forgo the full ministerial meeting in april, and schedule a meeting in may ahead of the opec conference meeting on the 25th of june. alix: was that the right call? richard: i think opec is buying itself a few more months to see how the data comes in. fundamentals have not done nearly as badly as expected in the first quarter. they also just don t know what is going to happen with venezuela, with iran when the sanctions come up for renewal in june, looks like they may. better time to be trying to revisit that decision and think about the second half of the year than just a month