>> su keenan joining us with the commodities report. thanks. and the u.s. disease control said it is going to reconsider its infection control protocols and plans to increase health worker training after a nurse caring for and ebola patient in dallas tested positive for the virus. joining the for in san francisco is the president of the national nurses union and the president of the california nurses association, and from washington skype is a professor of global health law at georgetown university. welcome to you both. thank you for your time today. let me start with you. ec sent ebola guidelines to they sent ebola guidelines to hospitals. where the nurses trained to deal with ebola? guidelines were received, but they are probably still in somebody's desk or are , and our studies clearly show that nurses are not being given the training they need at the hospitals by our own surveys, so we are extremely worried about the situation. >> why do you believe they are not receiving proper training? >> well, the cdc guidelines are merely guidelines, and when you h

su keenan joins us with the report. >> what we are looking at is a big turnaround for oil.s down 2.5%. now we are closing flat. report's of isis crossing into a baghdad suburb is providing a pop. crossing into a bear market as of yesterday's it had been on track to post the biggest weekly drop since january. the overall issue has been a potential global glut. move.s the one-month are future contracts collapsing because demand is swelling. at a time when output is expanding everywhere from u.s. to russia, where this oil go from here? it is easy for me to say. on track for at least touching 80, if not dropping below that. there are estimates for below 80 oil. gasoline taking a tumble. it is the only part of the complex that is down. a big drop over the past two weeks. big end ofe is a year break for consumers, aaa saying the nationwide average has been seeing a drop to the lowest level since september. in new york we are looking at the four-year lows for pump price. >> i feel like i pay way too much for gas. i guess i have been in america too long. the strong dollar is puttin

su keenan joins me with the details. >> the fed statements are a bit of cold water on the oil rally.se to 82. meanwhile, there is an one today, soybean meal futures, of almost 8%. adding for the biggest monthly gain since like 1012 -- since july 2012. what is going on here? the soybean harvest has been slow will stop there is also a slowdown in soybean meal. the traders got caught off guard and appeared to be scrambling to reposition, one veteran says. we saw unusually large trading volume and options activity as well. judy chu oil and gold, the fed is the version prices lower. >> it certainly did for oil. if you check out the chart you can see that prices had a bigger ,eaction to the fed's statement with supply gary shilling earlier than forecast supplies, and a strong patent -- strong pace at which the supply seven holding a. -- the supplies have been building up. it looks like there was a knee-jerk reaction lower, but then the fed says things about johnson that is good for demand. when trader says the oil prices could be astonishing a floor here. gas inventories fell. opec meets n

su keenan jointly with the details. >> good afternoon. oil and sugar and coffee all in the spotlight as commodities slumped to a five-year low. there is a strong tie onto the brazilian reelection. there are some concerns that the currency will spark more export. intermediate fell below the $80 mark, the lowest of has been in 2.5 years. $80.60looking close to as we head into the close. they came onto pressure, as goldman cut it price outlook. producerse energy take a big stumble on the stock market. this is even a bigger impact for wned company petrobras. falling with each move in the polls, now revealing it will be in negative territory for a while with the resumption of this previous regime. we are seeing raw sugar under similar for several reasons. futures fell almost 3% as did soybeans. close ton new york was 60% higher than the 100 day average. there is a lot of repositioning going on here. let's what is the story with old? -- gold? >> could be bullish for gold. the central bank may have to start accumulating. they unwound a big old d

in new york, i'm su keenan, bloomberg news. >> a quick glance at markets this monday morning.iwi market you can see off by 1%. the selloff continues this monday. australia, that declines further exacerbated by what happened in the states over friday and the australian dollar, what makes 76 -- .8676. the russian president will attend the g20 summit in brisbane, australia. >> there was certainly plenty of discussion about that. the government did come under pressure to shut the door on vladimir putin not only because of russia's actions in ukraine, but more specifically the shooting down of malaysian 7 overes flight mh-1 ukraine in july. 38 australians were killed in that incident. there was the g20 trade ministers' meeting was had after that incident and there were discussions about whether it was possible to kick russia out. nobody was sure it was even possible under the rules and there was certainly no president -- precedent for the g20 before barring a leader. he said the russian president will be present for the g20 summit. german chancellor and u.s. president certainly exp

su keenan is tracking the falling price of crude oil, and

su keenan watching crude oil.question today, how low the kodak oh peter cook on capitol hill where lawmakers are asking tough questions about the ebola crisis. we begin with julie hyman as u.s. stocks extend a worldwide selloff until we heard from bed president -- think of st. louis fed president james bullard. >> that was really the turning point. andael mckee spoke to him he talked about some of the challenges facing the economy right now, particularly globally. however, he went a step further in his comments to michael mckee. listen in. >> i think a reasonable response from the fed in the situation would be to invoke the cause on the tape or that says the tape was data dependent and we can go apposite on the taper at this juncture. >> and other words, the winding down of quantitative easing, maybe the fed could posit that. analyst whog to an pointed out there is not much more of tapering ends on the date of easing. one other caveat is he is not a voting member of the fed at this point in time. nonetheless, the

su keenan joins me with the details. >> it has been under pressure for most of the session after iraqlowed saudi arabia and iran for cutting prices. we are getting a late warning from the caribbean and that is turning things around as we had to close. let's go to the charts. starting with oil again, it has almost produced all of its losses. earlier, it was cut -- it was trading below $85. it was down as much as 2% earlier in the session and is near a four-year low. the national average for retail gas is continuing to fall because of the pressure we see on all prices. now below $3.20 a gallon. in january of 2008, the record price was $4.11. opec is not ready to act, according to one analyst. industry veteran michael lynch says that until opec suggests they will stabilize prices, the market will probably keep falling. meanwhile, a positive bounce towards the year-end. they see it rising this morning. the gold story is a simple one. it is all about the dollar and interest rates. gold jumped almost 2.5% as the dollar fell. >> let's talk about the turnaround. it mother nature have anything

su keenan watching crude oil. the question today, how