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BLOOMBERG Bloomberg Surveillance July 12, 2024

Today toe all of you extorting there news flow. An to an extraordinary news flow. An election in five days. Markets, there they are, and reversal. You see it in the futures of the s p 500. Jonathan we are down five on the s p 500, 0. 2 . The bounce in europe was never convincing, and the bounce in the United States has not held up. Eurodollar clinging to a 1. 17 handle. The ecb is getting what it once for all the wrong reasons. A weaker euro for a fourth straight session off the back of more res...
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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

As they transition. Why not just pass these few targeted essentials to keep america going and get through this difficult pandemic period . Why not . Jon do you have a deadline for these negotiations in mind . Larry no, i do not have a deadline in mind. I am not speaking for the Senate Republican conference, but i do not think mr. Mnuchin or mr. Meadows or President Trump has a deadline in mind. President trump has said numerous times he will go further than some people in the senate. I think tha...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Really settle this morning. Ive got to go right to the deepest market exchange. The Dollar Strength is really resilient. Jonathan the treasury marketjonathan not doing what the treasury market would typically do in an equity downdraft. So many people have come on this show talking about it. There it is, the 10 year yield doing nothing. Your yield, 0. 67 . You could clip that, repeat it, and it would have been true for the last five days. Tom when you intrude into market spaces, markets dont give...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Each year. We are thrilled francine could join us on the simulcast because we actually got lucky with what has happened with the scheduling. In france, with some shockingly weak Economic Data. Francine this is pmi. What a delight to be spending four or five hours together. I think they are trying to see who breaks first. My money, i dont know if it is on me are you, actually. We will see after the second hour of the simulcast. France coming out with pmis that were pretty terrible, and that has t...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Tuscany. Off, somewhere outside toledo. So Francine Lacqua joins us. That is not toledo, spain. Outside toledo, ohio somewhere. I want to get to the data in a moment, with markets moving. Futures 21. I would say this has really this is really jump circuit by the french pmi numbers. Why was this a surprise . Francine i was reading the breakdown. The sharp slowdown is basically driven by services. It shows that the escape from recession wont be flailing like some economists thought. Guess it is pa...
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BLOOMBERG Bloomberg Markets Americas July 12, 2024

The week. Vix below 30. We have a stronger euro today. Europe definitely doing better on the coronavirus front. The 10year yield holding at those lows of 64 basis points. Kicking off this week. Investors awaiting report from the largest u. S. Banks. Lets get to brian levitt, invesco Advisors Global strategist. It seems there is more optimism than pessimism on the earnings front. Why should that be . Brian i think it is largely not investors view the Second Quarter as being priced in by the marke...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Two or three hours ago. The vix comes in from 44 to 41. There is a whole idea of an expanding pandemic all the throughout multiple geographies. There is optimism with Research Houses reaffirming some form of vshaped recovery. It is the oddest monday i can remember. Francine it is a pretty odd monday, although i have to say i have had other odd mondays. Thats get to first word news with ritika gupta. Economyin china the keeps inching its way out of the coronavirus, less industrial output rose 4. ...
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CNBC Squawk Box July 13, 2024

Bid 140 a share or over 5 billion scluting debt. The apollos offer was accepted. The later offer accepted by tech data as the better offer and buffett says he does not intend to make a higher offer a little bit about tech data, it is a global distributor of Technology Products and services it supplies Small Companies with Technology Software and hardware made by larger companies, larger technology companies, a middle man. This is evidence of what has been happening with Berkshire Hathaway as the...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

At 110. 18. Asian markets were volatile or a little mixed mother has to do with the trade war and how markets interpret whether we are closer to the deal. 1. 7u. S. 10 year yield at flat. Coming up we speak to jim oneill, former commercial secretary of the treasury, that kingdom conversation in just a couple of minutes. Lets get to the first word news in new york city. U. K. , the chief rabbi suggest people avoid voting for the labour party due to antisemitism, he says sanctions from the top. He...
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CNBC Squawk Box July 13, 2024

S p up s p up and the dow indicated up look at what happened overnight in asia. The nikkei opened up in europe where there is active trading, youll see green ar owes across the board. The ftse was up more than half a percent. Youll see at least the 10year is yielding 1. 8 big news, weworks board now weighing two competing Financial Rescue offers. Expected to accept an offer from softbank to take a controlling stake in the company the decision could come as err will early as today the are rescue ...
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