rates on hold at one quarter of 1%. the rbnz saying they are going to be they are committed to reviewing their quantitative easing program. the policy committee reached consensus on this decision. they are saying they are prepared to provide additional stimulus as is necessary. all the economists we talked to the benchmark interest rate in new zealand staying on one quarter of 1%. little to no reaction on the new zealand daughter new zealand dollar. 64 u.s. cents. tom: let s get some of the views from our guests at the bloomberg summit. sharing their views on the prospects of a recovery from the pandemic. i do not think anybody can be confident with the kind of uncertainties that prevail. i would put say is my odds on a v shaped recovery. how we are going to share the burden in a credible way. it is not just financial and fiscal support. it is also regulatory charges we have undertaken to support the economy. as recently as early april, i saw china could only i
welcome, this is countdown. they did it, the iranians and saudi s got together and got on the same page. this is what has been agreed. a new corridor or for production. #, the bandwidth. 33 million barrels a day. if we take it to the extreme, they agreed for november. 700 50,000 barrels of production per day taken out of the market. the question is how does it get allocated. it ran looks as if it may have an exemption iran looks as if it may have an exemption. the detail is one question. who is going to produce what exactly. how will the russians respond? and what will the shale producers say? that was the fear from the saudi side that if the deal was agreed, would that encourage more u.s. production. we are on you where various acids including oil prices. saw increases in oriole yesterday. this is where we are now. both have moved up considerably in the next 48 hours. currency sachs has said it is probably worth $10 a barrel. that takes you into 55. $60. it is going
Ranger Investment Management L.P. increased its holdings in shares of Steven Madden, Ltd. (NASDAQ:SHOO – Free Report) by 36.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 560,941 shares of the textile maker’s stock after acquiring an additional 150,852 shares during the […]
Steven Madden, Ltd. (NASDAQ:SHOO – Get Free Report) Director Rose Peabody Lynch sold 1,600 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $44.41, for a total transaction of $71,056.00. Following the transaction, the director now directly owns 21,303 shares of the company’s […]
Steven Madden, Ltd. (NASDAQ:SHOO – Get Free Report) insider Karla Frieders sold 10,000 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $44.91, for a total value of $449,100.00. Following the completion of the transaction, the insider now owns 86,658 shares in the […]