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June 24, 2024
Program. Youre watching the pulse live in london. Im anna edwards. China stepping up supporti for its economy bys ramping up spending and considering new measures to boost bank lending but it comes as voices raise concerns about the sustainability of the countrys credit. The minneapolis fed president has called for greater regulation. He floated the idea of breaking banks up to protect the economy. Significant progress has been made to strengthen the financial system, i believe the act did not g...
June 24, 2024
Outside the government, i questioned how they were approaching it. I might have tweaked it to the extent that it involves Foreign Policy. I might say to my Foreign Policy partners that we have a problem of doing it this way, but here is a suggestion for how we can or meet yourhing interests in a slightly different way. You are always concerned about making sure that the credibility of the United States is sustained or the credit ability of canada is sustained. The work that has been done continu...
June 24, 2024
London. Oregon johnson im guy johnson. Francine lacqua will join us from new york in an hour. Markets in europe starting to rally back. Miners have been on a tear. Anglo american up 150 . The miners are certainly season good trading. Seeing some good training. Cac 344. 18, flat. Looking further ahead, lets talk a little bit about these other markets. Brazil entering a bull market. We have seen a significant strengthening. Shanghai comp flat. 37 spotude trading at one. Lets get you caught up on a...
June 24, 2024
Im francine lacqua. Weve had quite a lot of volatility over the last couple days. Asian down, european stocks rebounding after declines as investors speculated that we will get more stimulus from the ecb when mario draghi speaks tomorrow. I want to show you banks. There is more concern about the impact of negative rates on the banking sector. Yen at 112. 53. The yen is the worlds is performing currency this week. Losses set off by disappointing trade out of china. Breaking news out of norway. Ju...
June 24, 2024
From london. Im francine lacqua. We are getting news from the i. E. A. Theyre talking about supply and demand and the price of oil. They think price of oil may have bottomed. It was only a couple weeks ago we heard russia and saudi arabia agreeing that they will not put siad they would not add production. Opec output has fallen. They say, the headline out of this is that the oil price, they believe, may have bottomed as high cost producers have been shut out of the markets. Lets check in on the ...
June 24, 2024
Month . It could be for Global Markets as a rough start sense fx thetility and pushes shanghai composite to its longest losing streak since january. I certainly would not describe this as a bubble economy. We have relatively weak Global Growth but the u. S. Economy has been doing well and domestic strength has been propelling u s forward in in spite of the fact we are suffering a drag from the global economy. Francine the weak safety play set up treasuries for the biggest two week gain since jan...
June 24, 2024
Im francine lacqua. It is all about the fed and what heard from the minutes yesterday. The europe 600 started and they are unchanged. The minute showing the policymakers wont rush to raise rates. This is a picture for gold. 1,229. We wanted to show you japanese yen, advancing to a 17 months high. Brent crude 39. 8. We had some stockpiles in the u. S. Yesterday. Oil. A note on the goldilocks number for oil is 35. Dutch voters have rejected a treaty between the European Union and ukraine by a marg...
June 24, 2024
Bloombergs European Headquarters in london. Im francine lacqua. Lets get to the markets, Global Equities holding near a high for the year. 600. Is a picture for stoxx i wanted to show you automakers. Folks like an volkswagens market share reached a low. We have been talking about it all week. It did see a little bit of weakness. A sign of relief for governor kuroda. Lets get straight to the bloomberg first word news with nejra cehic. Nejra thanks, francine. Goldman sachs is said to be advancing ...
June 24, 2024
Welcome to the pulse live from london. I am francine lacqua. We have great guests lined up for you. We have the new ceo on this mornings earnings in just under half an hour. We speak to be one of the campaigns leading figures. He is former defense secretary liam fox. Bp profit down by 80 . However, did beat expectations. We saw profit and investors are piling into that, getting 3 , despite much smaller gains for crude. I went to show you japanese yen later this week. Lets get to the first word n...
June 24, 2024
Headquarters. We have a great show lined up. We speak to baltimore former bank of england governor, mervyn king about his book. Ceo of theo the new volkswagen about the progress of his turnaround plan. Lets look at the markets. We have a lot going on. A little bit of a global rally in the last couple of days now it is fading. You can see the stock share of 600. The shanghai composite, it was lower by 4 . Now retracing some of its losses. Away. 93 one 108. 93. Lets get to bloomberg first word new...