We are seeing a little bit of psychiatry and a lot of focus is a alive have and what that is on the fed and on a repo rates and the global reaction. This is the stocks europe 600, unchanged. Pretty much flat. U. S. 10 year yield will move does next. At the fed we are 42 days away from exit brexit. It is the second day of the Supreme Court hearings to see whether Boris Johnson programming parliament was illegal. Coming up, we speak to the chief executive a chief of a retail and Global Supply chains. But first, lets get news. Neither Prime Minister Benjamin Netanyahu or his rival look to have a clear path to form a clear government. Exit polls indicate the two blocks are neck and neck. Official results are not expected until next thursday. There will not be and cannot be a government that leans on arab, antizionist parties that negate the very existence of israel. Parties that exult and appraisal bloodthirsty terrorists murdering our soldiers, citizens, and children. Carney mayu. K. , ma
Ipoint banks for the aramco and allows women to attend football matches. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Remember the handoff from the United States, gains for a fifth straight session. The european session was strong. We saw the biggest weekly advance since april. We are seeing risk assets continuing with strength into 2018. Outlook from companies will dictate the next move for indices. The u. S. Dollar weaker after pretty much snapping a set of declines. Youre looking at again story standing out. The yen up the most in a week after boj reduced purchases of superlong bonds. Yen slide is looking like a risk aversion team. S p futures a little retreat. Zinc futures outcome of the story around supply side risks, the squeeze around those stockpiles. Lets look at other key risk assets. We have a story on brent crude. Just above 68 a barrel, up 1 . U. S. Inventories have decline for an eighth week. U. S. 10 year study at 2. 49 . This is a story of tr
Why are rising prices worrying the Iranian Oil Minister . Newseek began with the that 11 princes had been arrested in saudi arabia for staging staging a sit in. The royal family members were protesting the governments decision to stop paying their electricity and water bills. Reaction y gut got reaction and more on the story. We dont know a lot of details about this. What we know from reports, as you said, they are protesting utility bills. What it clearly shows, it shows there is rising discontent within the ruling family after that crackdown. After obvious a, there is grumbling. What happened is that according to the reports, the king decided to take action, swift action. The report says they were sent to prison, not to the ritz. They were there was hard sure treatment. Main, because thats the thing it shows is that there is more discontent within the royal family. Are we going to see more of this . That is a question to follow. There is another story taking place in saudi arabia rig
The week began with the news that 11 princes had been arrested in saudi arabia for staging a sit in. The royal family members were protesting the governments decision to stop paying their electricity and water bills. Tracy alloway got reaction and more on the story. We dont know a lot of details about this. What we know from reports, as you said, they are protesting payment of utility bills. What clearly shows, it shows there is rising discontent within the ruling family after that crackdown. Obviously, there is grumbling. What happened is that, according to the reports, the king decided to take action, swift action. The report says they were sent to prison, not to the ritz. There was harsher treatment. The lack of details, the main thing it shows is that there is more discontent within the royal family. Are we going to see more of this . That is a question to follow. Tracy there is another story taking place in saudi arabia right now. The authorities saying they will spend billions to
More than a threeyear high as u. S. Stockpiles plunge. Why are rising prices worrying the Iranian Oil Minister . The week began with the news that 11 princes had been arrested in saudi arabia for staging a sit in outside a palace in riyadh. The royal family members were protesting the governments decision to stop paying their electricity and water bills. Tracy alloway got reaction and more on the story from bloomberg managing editor for the middle east. We dont know a lot of details about this. What we know from reports, as you said, they are protesting payment of utility bills. What clearly shows it shows that there is rising discontent within the ruling family after that crackdown. Obviously, there is grumbling. What happened is that, according to the reports, the king decided to take action, swift action. The report says they were sent to prison, not to the ritz. So there was even harsher treatment. But again, because of lack of details, the main thing it shows is that there is more