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President trump will delay china. Nal tariffs on markets rally on the news of apple surging 4 . The cbsviacom romance leads to a waiting. The megamerger shery breaking news out of south korea. We have the Unemployment Rate for the month of july coming in at 4 . That was as analysts expected. The third month in a row that stayed at 4 . South korea added 299,000 jobs in july, higher than the 281,000 they added in june. The south korean economy and job market being highly supported by government job creation. We are expecting the extra budget set to pass parliament at the start of august to also give more support for the job market. Exportseantime, continue to plunge in south korea, now headed to the ninth month of export declines in august. We have seen the weakness in w theon throughout these the south korean won. In hongrn to sophie kong for a check on where markets are headed this morning. Sophie we have plenty more data to co ....
Five points. Not much action in the indexes, personalction in the indexes, particularly with energy stocks. Betty exxon and chevron posted dismal earnings. We have seen the plunge and oil price. Primm there you have it. Down another one point. Betty 47 a barrel now. Futures are up. There near the level of a bottom. 1000. Primm lets look at some of the top stories on the bloomberg terminal. To the Worlds Energy giants have then hurt by the worldwide glut of crude oil. Exxon mobil has its worst quarterly performance in six years, and the income fell by more than half. That could force exxon to cut costs more than previously planned. Promptedrgy prices chevron to write it down write down the price of its oil fields. The benchmark west texas oil will finish july down 20 . There is no sign that the glut of oil will end. U. S. Stock fire rolls are 100 Million Barrels above the five ....
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A year ago also on the program. Confusion in catalonia the regions president postpones a speech in which he is expected to announce not be elections so west as i think then begins deadlock in spain of independence a life to council or. We are really grateful. For everybody who supported us legally. Of the german human rights organize a big tete a short nice freedom file from the to his president he and other activists on trial for terror related charges to see this being politically motivated. Also coming up traitors in frankfurt taken by surprise the chief executive of the Stock Exchange operator resigned botha in allegations of Insider Trading take you to the Trading Floor to find out the latest. In the German Company topsides fire and munich and abi leipsic no we ....