Placeholder Image

Subtitles section Play video

  • It's over here on Wall Street for December the 12th. Here is the New York Minute

  • It's been a generally messy day

  • Stock markets around the world failing to get much transaction

  • Bond yields rising, and one very big head fake from the oil price,

  • which as you can see shot up at the opening on the news that non-OPEC countries were going to join in, trying to limit supply

  • And then spent the rest of the day giving that gain back

  • One more lasting trend, however, if you take a look at German inflation breakevens

  • you can see that they're highest in more than a year, it looks as though the ECB, to its delight

  • is at last persuading investors that there is some inflationary pressure in the Eurozone

  • For another cautionary tale of the current conditions in the US,

  • let's take a look at the Aerospace & Defence sector

  • You can see that it rallied very sharply after the election, plainly people thought that President Trump was likely to be spending a lot more on defence

  • But you can see its comeback in the last few days, if you take a look in detail at what's happened in the beginning of last week

  • It's fallen very sharply after negative tweets from president-elect about first Boeing, and then Lockheed Martin

  • Be careful of the power of the tweet

  • and that's the New York Minute

It's over here on Wall Street for December the 12th. Here is the New York Minute

Subtitles and vocabulary

Operation of videos Adjust the video here to display the subtitles

B1 FinancialTimes defence sharply oil price aerospace york

Cancel Defence rally!

  • 20 1
    20000011 posted on 2016/12/15
Video vocabulary