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And russia say they are in favor of extending an output cut into next year. Oil jumps to its highest level in two weeks. How far could a Short Covering rally take crude . We will talk about that in a moment. And europes new power couple. After a big win for merkel in the key state of north rhinewestphalia, how will macron and merkel reshape the eu . They meet in berlin later today, matt. Matt thats right. Expecting that meeting around. Oon, so six hours from now we are less than a halfhour from the european open. Bureau stocks euro stocks rising a quarter percent. Cac futures, looks like a risk on day. Investors are selling off bunds. I have a threeday chart, lets move it to one day so you can see the price action. You could see some volatility there, but yields are still up 0. 4 . Right now, to. 0 guy what do you make of the win for merkel . North rhinewestphalia is big, and she took it big. Is it in the bag, when we get to the c ....
Insurance work like Car Insurance . Would that solve the problem that debate is on tap as power lunch starts right now. All right, welcome to summer, everybody. The Summer Market as well. Stocks in a narrow range energy, though, the best performer in the s p oil doing something it has not done in a while, rising for a fourth straight day. Financials also doing pretty well the big bank etf, the kre and the kbb both near session highs. Theyre on pace for one of their best shake shack higher, despite a note from Goldman Sachs saying earnings could take a hi because of all the rain weve had in the northeast goldman noting shake shack has heavy exposure up here many locations have outdoor seating. Also, darden rallying on its earnings beat, the restaurant chain raising its ....
Launs chief economic advisor, Mohamed Elerian told Us Technology is disrupting opecs plans to raise rices. Eddie. T the qatari there was a deadline. Now the deadline has come and gone, and they havent really made a call about are they going to lift the sanctions, accept qatars letter in response to them, or are they going to add to sanctions . They did say they reserve the right to add to sanctions going forward, but it is really unclear about what next. It just seems to be we are going to stick with the sanctions, we are going to keep going the way we are going until qatar gives in. And there is talk that they will be meeting in bahrain. Do we know when they are going to meet . We dont. They just said the next meeting will be in bahrain. We dont know when that is or what will trigger a meeting, if they are waiting for another response from qatar, if there is more mediation g ....
Mohamed elerian told Us Technology is disrupting opecs plans to raise prices. But first, the qatari isolation. There was a deadline. Now the deadline has come and gone, and they havent really made a call about are they going to lift the sanctions, accept qatars letter in response to them, or are they going to add to sanctions . They did say they reserve the right to add to sanctions going forward, but it is really unclear about what next. It just seems to be we are going to stick with the sanctions, we are going to keep going the way we are going until qatar gives in. And there is talk that they will be meeting in bahrain. Do we know when they are going to meet . We dont. They did not say. They just said the next meeting will be in bahrain. We dont know when that is or what will trigger a meeting, if they are waiting for another response from qatar, if there is more mediation going on. We dont really know. What they did say is they ....