that's a great gig bhp, i've always admired that company. owned that company about 30 years ago and they are a very good company and to hear that pivot, the way that new cars are being built, he's right, i had a rare earth company on the other day, and you need all sorts of minerals that we don't typically use, at the same time, david, i have to ask you pointblank, darren, when you speak to darren woods, is he really making a commitment to change, because they have not been that great at carbon capture, or is he making a commitment to put people on the board who can push him because i'm not sure where exxon really is after listening to him. >> yeah, i think that's a fair question and i think we'll only know over time now, i think ubben is a serious guy on this. and i think he will push and/or be a partner to mr. woods, as he potentially tries to push the company and the board. but you're right, words only go so far. >> right. >> and we will, carl, watch it very closely not just because it's so important to the future of exxonmobil conceivabl

>> all right so number one i'm going to give you one of those in the industrial metal space, bhp groupy we were seeing some really large trading in there. matter of fact, they bought 16,000 of the september 77.5 calls for 255 in a single print. it is interesting because, mel, not only is it a name we don't see often but we haven't seen a lot of options extending out in time so it makes it unusual as well because they are going out to september i have a second one for you as well i have citigroup we haven't seen this name in a long time. a lot of different financial names, wells fargo hits consistently, bank of america, a lot of those names and now we are seeing citi which was trading around $73 a share, buying the april 76 calls. those were going for about $1.15, about 5,000 were bought that stood out because we haven't seen that name in a while. i will lastly give you wheaton precious metals. they went out to may they're buying the may 40 calls, 7,900 calls bought as well today. we are seeing industrial metals, seeing some in the precious metals and in the financials we have been talk

it passed, and it gave the land to resolution copper, a subsidiary of mining giants rio tinto and bhp now, with the land set to be privatized, nosie and other groups have recently sued the u.s. government to stop the mine from going forward. the opposition to this project focuses how the mining itself would take place. even the mining company agrees, were the project to proceed, oak flat, and many of the areas around it, would be completely destroyed. resolution copper is planning on using a controversial technique called block cave mining. it will create a crater two miles wide, and 1,000 feet deep. that's large enough to fit the eiffel tower. >> so, all of this that you're looking at here is all in line to collapse, subside, fall, into the earth. >> for decades, the project will meet more than a quarter of the nation's current copper demand. >> reporter: resolution copper did not agree to an interview, but in a statement and in promotional videos like this one, representatives from parent company rio tinto said the mine could provide up to one quarter of the united states' copper de

really, it could affect the ability of many of the large miners, rio tinto, bhp, fortescue metals andne coal and other resources in the future. thank ou, resources in the future. thank you. sharanjit _ resources in the future. thank you, sharanjit leyl. _ resources in the future. thank you, sharanjit leyl. we - resources in the future. thank you, sharanjit leyl. we will i you, sharanjit leyl. we will keep a close eye on how that develops. let's get some of the day's other news: the biden administration has warned companies they may have to do more to ensure they are not benefitting from forced labour in china, specifically the uighur population in xinjiang. in the report to congress, the office of the us trade representative also said that washington will engage with its allies to combat forced labour and will consider all its options. the us senate will begin debating presidentjoe biden's $1.9 trillion coronavirus relief bill this week. that's according to senate majority leader chuck schumer. he did not say when the chamber might vote on the bill. it is expected to be passed. stay w

bhp losing ground after the price tag was raised at goldman. keeping an eye on energy after we saw the rotation into value pick up more on wall street. tech names gaining ground. after pay rising in sydney. check out aussie bonds. the 10 year yield richard. we get australian jobs and home price data later this morning. from japan, a final read on industrial output. the yen is trading above 109. the rsis signaling the yen is looking oversold. the increasing diversion between policy -- of policy between the fed and boj. s&p in minis under pressure as the u.s. stocks closed at a record high overnight. we saw volatility ease and the pickup in inflation. optimism for growth is building. blackrock's research arm is flagging. the size and speed of the rebound. overweight u.s. equities. they also overweight on emerging-market equities. saying space will benefit from the upswing as well as the stable dollar in higher commodity prices. shery: we have breaking news at the moment. trading platform each oro is planning to go public through a merger with a b

bhp has calculated that nickel -- there will be three times the amount required by the world in the next 30 years than in the past 30 years. ironically, miners will play a key part in this decarbonization effort and australia has a good representation in the mining sector globally. haidi: the lack of female representation in your field. more broadly across the industry , globally as well. is that something you think could change post-pandemic because companies will assess how much more flexible it is that people can work? kate: i am hopeful and we have seen incremental, positive movements. i think the finance industry does not sell itself well to the community. perhaps this esg need to tackle this important challenge might make the finance industry more attractive to female participants. if we can get a broader range of participants into the industry, that can only be good for the industry and the outcomes we can develop -- we can deliver to our clients. kathleen: it looks to me like you are a great role model for any woman interested in entering this industry. thank you so much for join

move to the upside and downside for asian stocks, the aussie share price is now heading lower with bhpfortescue. that's get to number of, that stock -- nomura extending stocks . stock was downgraded at j.p. morgan, officer singh will be impossible for shareholder returns by fiscal 2020, so nomura is the drag on asian stocks. a check on currencies, tuesday set for the best quarter in a year for the greenback. following the change of the turkish central bank deputy governor this morning, as compared to when the central bank governor was ousted. and the offshore yuan trading at a four month low, the worst month of the year for the currency. china's 10 year yield, after we learned they plan to include chinese bonds on the global index. shery: and were headed toward the chinese open, and extremely busy day on the earnings front. for a preview of what's coming up, let's go to david ingles. anything in particular that we should be focusing on? david: when we look at this set of earnings, it will be a reminder, just being objective here, that if we look at 10% cell growth, 10 point 5% across m

stocks like bhp, some of the biggest droppers but the biggest one on the stoxx 600, is itv.rtising question that is lingering. in the first quarter they saw a drop and they say they cannot give an outlook or a dividend forecast given the uncertainty. pandora, the danish jewel or sees shares rising today. 25% of the stores were opened at the end of february. confident in their 2021 outlook. a quick look at the macro picture. i want to show you where we ended up in china, a pretty weak session despite state intervention. we are looking at nasdaq futures up by more than 1.5%. that has to do with yields easing somewhat, below 1.6% after the big jump from the last few days. this remains front and center for investor concerns. anna: yields today a little lower. thank you, dani burger with your movers. the bloomberg dollar spot index reaching its highest level since november. the greenback is up. will the trends continue? paul brain with new in investment continues with us. -- with newton investment continues with us. i wonder where you expected to go now. we see dollar weakness re

the asx 200 being led higher by bhp and we have banks asked on the front foot after the rbnz relaxed allowing for 50% of earnings to be paid out in dividends to shareholders, so the aussie share market gaining more than 1% this morning. we have nikkei futures moving slightly to the downside at singapore. the yen trading above 110, and s&p e-minis rising .1%. commodities are under pressure with oil and gold slipping on the face of a stronger dollar which is trading around a november high. hsbc and pimco saying they don't expect a super cycle in commodities. also cautioning of an inflation head fake with markets overly focused on upside risks. prices running below central-bank targets over the next one year to two years. over at hsbc, inflation will stay nailed to the floor across asia with no single central bank in asia expected to raise rates this year. even in india and the philippines, over the back half of this year. we heard from the governor this morning, saying the lower power and key food costs are lower in the philippines. haidi. haidi: hong kong is yet to announce when the b

meeting in advance of it, the attendees were expected to include top executives from bp, chevron, exxon, bhpwhite house is trying to engage the oil and gas industry, which may start to back some of these measures like a potential tax on carbon emissions as a way to try to quantify and make finite any potential charges on emissions going forward, but we will wait and see exactly how this discussion pans out. but certainly interesting to note ahead of the rollout of this package that the white house is trying to engage oil, gas, and mining executives on these very issues. >> thanks very much for that looking forward to hearing more details as and when they emerge. >>> in the meantime existing home sales falling sharply last month. diana olick has more on that. >> sales falling just over 6.5% in february compared with january, but it is not for lack of demand, it's all about supply the inventory of homes for sale plummeted 29.5% from a year ago. that is the largest drop on record potential sellers are just not wanting people to come through their homes. of course they're worried they won't find