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Its not difficult to be crabby when you are basically living hand to mouth with government stimulus. I thought that encompassed the markets perfectly for a day like today. A lot of earnings coming out. Delta looking at a 50 cut in daily cash burn by the end of june. In terms of their First Quarter loss, they had about a . 51 loss , and revenue was down 18 year on year. As we expected, pretty brutal when it comes to delta. Baker hughes, oil services company, saying the outlook for oil and gas is certain. No kidding. The revenue down by about 4 year on year. 0. 11, acoming in at little bit light. Lets get you some of the headlines here. All of todays market moving news from new york, as will is washington. Brent crude getting sucked into the lowest level since 1999. Bloombergs part two thought to be role bloomberg spoke to thought he be role spoke to fatih birol. Some of the countries are cutting their production earlier than announc ....
But the end of the week. Cant you . But bev turner. But ive bev turner. This tom harwood. Its this is tom harwood. Its going to be more professional to hear right . Hear on air right . Well, interest could well, Interest Rates could rise again the of rise again as the bank of englands policy Englands Monetary Policy Committee today in Committee Meets today in more potentially bad news for mortgage holders. So when will mortgage holders. So when will they ever come back down . Well be asking the details as would you mention this shop they might be putting on a little bit too much weight. An article in the paper this morning, it said that you must tell your partner if theyre getting fat. Have you ever had this difficult potentially difficult but potentially necessary and necessary conversation and foll ....
A v was not on the total case control polls when the Program Problems announces that starting the withdrawal of his forces from the jazz this week, it is a move welcomed by locals who say, powers con, get out quickly and yeah, and if it were firmly awaiting the withdrawal, the deadline is short. We are really in a hurry for them to leave and leave us our National Territory. The want a very good morning to you from all of us here at all to international and most go with i am here in your news kicks off right now. So you know, it is an annual event here in rush of the valve die Discussion Club is a massive think tank. And during this, he is thursday event Vladimir Putin and really came out swinging. He made some very direct stipends when speaking with expos, jo ....
Haidi welcome to daybreak australia. Counting down to asias makeup major market opens. Shery the top stories this hour. Treasury yields hit some of their highest levels since 2007 head of fed today. Instacart making davids cash gains on its trading day. Haidi oil prices are presenting the fed a quandary, adding to inflationary pressures. Shery indonesia ion of critical mineral trade deal with the u. S. As the green transition accelrys. We will hear from the indonesian president. We are seeing a little bit of green but not a lot of movement. We have the s p 500 down to a three week low. This on the eve of the fed rate decision. The expectation is for the fed to deliver a hawkish hold. This with the fact that we do have Higher Oil Prices, not to mention traders were watching hot canadian inflation data. For more clues of where global prices are going. Take a look at treasury yields which rose across the board. The fiveyear and 10 ....
Every friday. The second a major decline for major averages, the first weekly decline for the s p 500 in nine. It was on a eight week winning streak, and this is partially due to concerns or at least a andh of tax cut legislation when Corporate Tax cuts could happen. If you break it down, you see some underlying weakness and specific in specific groups, namely energy, which is down 1 , and health care as well. You have consumer stocks both stabled and discretionary shares. Oil,u go through them we are seeing it lower with higher earlier in the session, and then it came down. Oil stocks have been following along with it. It felt rather sharply around midday. There did not seem to be a other than thest rolling over of stock markets globally. If you look at oil and some of those declines, crude itself is percent, and these are some companies that are seeing declines today. There was also a story out of china, post trumps visit the re ....