Marketplace Morning Report for Tuesday, March 31, 2015
Airing on Tuesday, March 31, 2015: The Case-Shiller 20-city housing price index for the month of January comes out today. Given the recent uptick in pending sales and overall tightening of inventory, a bump seems likely. But will it be a healthy bump if it’s due in part to a limited number of new and existing homes on the market? And the five permanent members of the UN Security Council, plus Germany, have been in Switzerland since Sunday trying to get some sort of deal done that would prevent Tehran from developing a nuclear bomb, in exchange for easing sanctions that are crippling its economy. Secretary of State John Kerry put the odds of reaching a deal at fifty/fifty - and oil markets are taking note with crude prices down almost 2 percent today. More on that. Plus, Russian President Vladimir Putin has said he will intervene anywhere to protect ethnic Russians from persecution. Just like in Ukraine. Which begs the question: What about Latvia? We report rom the Latvian capital, Riga.
Airing on Tuesday, March 31, 2015: The Case-Shiller 20-city housing price index for the month of January comes out today. Given the recent uptick in pending sales and overall tightening of inventory, a bump seems likely. But will it be a healthy bump if it’s due in part to a limited number of new and existing homes on the market? And the five permanent members of the UN Security Council, plus Germany, have been in Switzerland since Sunday trying to get some sort of deal done that would prevent Tehran from developing a nuclear bomb, in exchange for easing sanctions that are crippling its economy. Secretary of State John Kerry put the odds of reaching a deal at fifty/fifty – and oil markets are taking note with crude prices down almost 2 percent today. More on that. Plus, Russian President Vladimir Putin has said he will intervene anywhere to protect ethnic Russians from persecution. Just like in Ukraine. Which begs the question: What about Latvia? We report rom the Latvian capital, Riga.