House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US government stumbled into a partial shutdown Saturday while waiting for the House to approve a funding deal President Trump worked out with Democrats following a national uproar over Border Patrol agents’ killing of a US citizen in Minneapolis. The funding lapse is likely to be short, with the House returning from a week-long break on Monday and the Republican president fully supporting the spending package. Many Americans may not even notice since most federal employees working on weekends, such as military personnel and air traffic controllers, are deemed essential and aren’t furloughed in a shutdown.
2) The Justice Department’s latest release of material related to its investigations into Jeffrey Epstein offers fresh details about the rich and well-connected people who circulated in the orbit of the late disgraced financier. Officials said Friday they were releasing some 3 million pages of material, including more than 2,000 videos and 180,000 images.
3) Gold extended losses, after its biggest plunge in more than a decade on Friday, while silver’s year-to-date gains were wiped out as a record-breaking precious-metals rally unwound at breakneck speed. Spot gold fell as much as 10% on Monday and is now down almost a fifth from an all-time high reached in the last-but-one session. Silver slumped as much as 16%, following on from an intraday loss on Friday that was the steepest on record.

See omnystudio.com/listener for privacy information.

Avsnitt(1627)

Iran Escalates Attacks on Shipping; Oil Prices Keep Rising

Iran Escalates Attacks on Shipping; Oil Prices Keep Rising

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Brent briefly jumped back above $100 a barrel after the Iran war led to more shipping turmoil in the Middle East and China t...

12 Mars 15min

Massive Oil Stockpile Release; Iran Market Volatility

Massive Oil Stockpile Release; Iran Market Volatility

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The International Energy Agency is proposing a release of emergency oil reserves, according to a person with knowledge of ...

11 Mars 15min

Iran War To End 'Soon' Says Trump, Oil Prices Tumble As Stocks Gain

Iran War To End 'Soon' Says Trump, Oil Prices Tumble As Stocks Gain

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump on Monday said the US and Israel were making significant progress in their war on Iran and could end the con...

10 Mars 15min

Oil Surges Past $100 a Barrel; Khamenei’s Son Takes Power in Iran

Oil Surges Past $100 a Barrel; Khamenei’s Son Takes Power in Iran

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran named the son of the late Ayatollah Ali Khamenei as its new supreme leader and President Trump called $100 oil a “small...

9 Mars 25min

Daybreak Weekend: US CPI, Paris Nuclear Talks, Vietnam Elections

Daybreak Weekend: US CPI, Paris Nuclear Talks, Vietnam Elections

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI data, along with a focus on 3 stocks for...

6 Mars 38min

Iran Barrage Sweeps Mideast; House Rejects War Powers Bid

Iran Barrage Sweeps Mideast; House Rejects War Powers Bid

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran fired a barrage of missiles and drones targeting countries across the Persian Gulf overnight, while Israel renewed airs...

6 Mars 16min

Iran Vows Intensified Response; Senate Rejects War Powers Measure

Iran Vows Intensified Response; Senate Rejects War Powers Measure

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US-Israeli war on Iran entered a sixth day with no sign of easing, as the Islamic Republic said its retaliation against ...

5 Mars 17min

War Causes Market Turmoil; Trump Seeks Oil Security

War Causes Market Turmoil; Trump Seeks Oil Security

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump said the US will ensure safe passage of oil from the Middle East to head off a potential energy crisis cause...

4 Mars 22min

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