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June 30, 2024
Family. Haidi it is very much in focus today after the pboc removed a pillar of support for the currency. Dropping from the daily session. The currency lower on tuesday. Tom, it is not been in place very long. Why have they chosen to remove year, since may of last that is the first element from the mix. It is dollar weakness. Many say it is a line in the sand. They say they oppose the controls. There is a growing confidence now in terms of policymakers here in terms of the trajectory of the one....
June 30, 2024
Iran, leaving the deal intact for now. Releasepresident did new sanctions among 14 people and entities involved with the Ballistic Missile programs, and a crackdown on government protesters. President has repeatedly denounced the Nuclear Agreement negotiated by president obama, and in october, declined to certify that it was an interest of the u. S. He has stopped short of. Crapping that deal altogether south africas ruling party is calling President Trumps comments on african immigrants extreme...
June 30, 2024
Is leaving his post, but says it is for personal reasons. He was confirmed as ambassador to panama in 2015. Turkey is warning its citizens about traveling to the United States in retaliation for a new u. S. Travel advisory that warned americans about terror threats and arbitrary detentions in turkey. The u. S. Travel warning is set to unfairly portray turkey as an unsafe country and did nothing to improve frayed ties between the nato allies. The same Russian Hackers who penetrated the Democratic...
June 30, 2024
It is 8 00 a. M. Across the emirates. 4 00 a. M. In london if you are up early. This is Bloomberg Markets middle east. I am yousef gamal eldin. What a momentous two weeks we have had in the first of 2018 and bulls have been in charge again, Consumer Discretionary pushing up some of the industries. Of a p 500 up 7 10 percent, the eighth advance in nine sessions and the nasdaq showing strength. We saw a soft spot in some of the property stocks. The story. O year was we look into that trade. Roseng...
June 30, 2024
Seeking 1 billion to get out of its iron ore joint venture in brazil. Betty a billion dollar headache for bhp, a 7 billion windfall for jpmorganwells fargo, that really propelled the market higher on friday. Along with that inflation data. In record territory in the u. S. , what a month it has been. Lets quickly pull up the boards to see how much we gain, the s p closing at a record, the dow adding over 200 points, the nasdaq also higher. I get the feeling a lot of this will be as the markets ar...
June 30, 2024
Feeding Market Information to a swarm of japanese traders. Can you get more exuberance into this market . This fomo trade when it comes to equities in the u. S. And global, 24 billion flowing global sixth largest for inflows. ,hen it comes to u. S. Stocks 11 higher than its 200 day moving average, the whitest cap since 2013 idest gap since 2013. We do have a Public Holiday when it comes to u. S. Stocks on monday, so a wellearned rest when it comes to some of these u. S. Stocks and the recent ral...
June 30, 2024
6 00 here in london. Lets get to the markets. We are without the volumes from the United States during yesterdays sessions. King date we had no trading in stocks or treasuries. We are getting back into those today. Msci asiapacific by 0. 4 . General picture in asia continues a positive one, continuing the best start since 2006. The dollar against the again , we saw the again being pushed up. Have halted five days of advances in the japanese currency partly because of what we heard from the japan...
June 30, 2024
Operation managed to save everyone on board of two boards distressed in libya. The recent humanitarian and medical assistance. The coast guard has saved more than a thousand migrants in the past week. European commission chief says that the offer is still on the table for the United Kingdom to remain in the eu, even after both sides have entered the second phase of their divorce talks. Addressing the eu legislature, he said that we are not throwing the british out, would like them to stay. The e...
June 30, 2024
Fastest car ever made, hurtling in space. Keeping the government chugging as oneas deal described nobody loves. It seems like life has changed and rather than talk about no volatility or low volatility in markets, the only thing both are talking about now is to get used to volatility. Andtility is here to stay, i want to show you a chart that reminded me of the great ernies peng lei Ernest Hemingway quote. This chart shows you that ed acency that is br the shortterm fix, the several to blame of ...
June 30, 2024
We will talk to the man himself, jeff currie, later on this hour. I want to talk about what is happening in the u. K. , take a look at sterling. Marcel barnier says a brexit transition is not a given if a decent agreement if a disagreement persists. David he says never mind. Now lets turn to our top two stories. Jeffrey gun lock is right all along, the the 10year yield. L on the 10 year and keeping the government open. Lisa joining us is abramowicz of bloomberg you have the 200day moving average...