2. 15 on a 10year. Kevin and can you stay long in the e. C. B. Meeting on thursday . John mentioned gasoline. At one point it was over 2 a gallon. The issue now is are we going to have the supply . Colonial pipeline has shut down different supply to the east coast. That could be an issue for this driving season, so watch that commodity. Copper, nickel, zinc all on the upside on that better manufacturing data out of china. Those metals have been a killer month. Copper had the best month, highest level in three years. Well talk about that as it relates to the 3 growth. Now lets get an update on headlines. Emma chandra is here with first news. Chandra a french Chemical Plant exploded in texas earlier today. The company, arkema, had expected that to happen after the storm knocked out Power Supplies needed to refrigerate volatile chemicals. Meanwhile, the storm has now knocked almost 1 4 of u. S. Oil Refining Capacity offline. Fuelmaking capacity is now at a sevenyear low. Harvey is moving
Heads of organizations. This hour, we will also be speaking to one of the biggest names in private equity, jon moulton, and then later Nicolas Dufourcq. Overall, stocks in asia seem to be dropping a touch. European stocks were mixed and bonds rising as investors focused switching back to Central Banks. Several policymakers were cautious about raising Interest Rates again this year. The dollar weakening a touch, you can see. Thats your business flash. Lets get straight on to the bloomberg first world news. Nejra donald trump has said he will announce whether or not he will decertify the iran nuclear deal, quote, shortly. Thats ahead of the deadline this sunday. Trump has called the agreement a badly negotiated deal. Has denied ever calling for a bigger u. S. Nuclear arsenal. His comments came response to an nbc report that he had asked for a tenfold increase in u. S. Nuclear capabilities. He also questioned whether the broadcast license should be taken away from nbc television. Ofbrusse
Classes for you. Futures in the United States, the s p 500 on a three day losing streak. Look at the euro. 1. 08. The politics, the risk diminishes a little bit. A confluence of different pressures taking us there. Alix part of that has to deal with the new pressures. The pound, look at that, 1. 24. That is up 0. 8 . Gold is going nowhere. It is treading water. Crude oil is up about 0. 6 . Jonathan we start with the French National debate last. Macron and le pen coming out on top. Our Deputy Europe chief covers french politics joining us now. Lets start with macron. Where did he strike his blows . I would caution you on saying this is an actual win for him. He went into this as a potential frontrunner, tied with le pen. What he needed to do was maintain that position. It is fair not to say that he maintained that position. Two polls since the debate last peoplehow that 29 of thought macron did best in the debate. That is better than anybody else. That is a good thing. He probably conso
The global equity bull run is showing signs of fatigue, with most major stock indexes not expected to repeat last year s stellar performance, according to a Reuters poll of stock analysts who also. -May 23, 2024 at 08:26 am EDT
- MarketScreener
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