Listen: Oil slides on US inventory build, equity rally caps losses
"Lastly in commodities oil this morning continues to dive down one percent on wti crude fifty dollars ninety one brain crude at sixty one forty nine this after that a._p._i. report u._s. stock piles stoking fears of big glut in oil yeah and for e._m. what does this all mean as well that's been something interesting to watch seen a bit of green on the screen for emerging market equities at the very least today but is that just part of the global rally that we've seen in equities post fed let's dig more into the equity story looking stocks to watch and then we've got bloomberg's european equities reporter clear glued co who's with us good morning senate great have you told me through this line that we brought this early this morning a vivas c._f._o. tom stuttered is stepping down from the end of june what does that right good morning and actually trade were forecasting decline forever stock this morning on the back of this news that this year is stepping down from june thirty but at ebay is actually up slightly syrup point five percent just shows you how optimistic at the market is post powell talking of other individuals talk show watching as well cassandra norsk hydro to raise its improvement targets after a surprise profit we say any reaction yes terrific reaction this morning the stock was up almost seven percent earlier it's now up four point eight percent great news for them they're they reported an unexpected underlying profit so it's compared to loss a year earlier and especially since the aluminum producer suffered a cyber attack in march this was particularly nicer price for shareholders okay so that's a no sky drove on reynaud the booth delaying votes on the feds deal after hitting some resistance this is rumbling on though correct yes there's always something going on with reno this year right so reno is down just lightly on this news zero point six percents and its partner nissan is putting up resistance to the deal and it's actually although any sun only has two votes on the board so couldn't block the the deal with the at the same time it is a symbolic statement and also france which is a major shareholder reno asked that as a result of the deal with the framework of the existing franco-japanese align remain"