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July 7, 2024
And that was a lot more than what the survey had been for a gain of 1. 2 but this is the start of trading here we have got with the broader index or the nikkei 225 that is back above the 40,000 marked them. We have been fractionally below that over the course of the week but certainly, the stock moves we are seeing here echoing the u. S. Session overnight as we did have jay powell delivering the first of his testimony but certainly indicating that the path for rate cuts is clear later this year ...
July 7, 2024
Welcome to daybreak australia. I am how he stroudwatts haidi stroudwatts. I am animal jewelers in tokyo. Annabelle droulers in tokyo. Jay powell again signaling rate cuts will happen this year. The fed chair suggesting significant changes to the capital plans fiercely opposed by wall street banks. Haidi struggling lender n. Y. C. B. Getting a vote of confidence. Annabelle chinas top economic officials defend their ambitious target and hint at a liquidity boost to help get there. Haidi lets get y...
July 7, 2024
Italys Prime Minister said it would derive from properties on h derived from higher Interest Rates. The net income exsceeding the growth for 2022 and 2023 citi estimated that would be equal to 19 of bank net profits for the year the tax would only apply to domestic Net Interest Income if this were to happen in the United States it is not happening i know. I dont know what would happen to the world. It is like when hell freezes over scenario. 40 windfall profit tax on banks. Do you think this is ...
July 7, 2024
Good morning. This is bloomberg daybreak europe. Highend Tom Mackenzie in london. Donald trump and a joe biden rack up primary wins on super tuesday with a rematch of the 2020 president ial election and now looking more likely than ever. We bring you all the latest as the final results come in. Stocks in hong kong rebound as markets look ahead to a press conference from top chinese policymakers and testimony from fed chair jay powell. Bitcoin, meanwhile, hitting an alltime high before retreating...
July 7, 2024
2 00 in our trading day on the east coast. Nasdaq composite leading the way again up 1. 6 . The s p 500 adding more than a percent. Dow jones industrial are the laggard but higher by half a percent and chip stocks helping to boost that. Nvidia now up 85 this year. Its added almost a trillion dollars in market cap in 2024 so far. Its only march 7th. Micron higher on the upgrade from stifel and intel gaining on reports its expected to receive 3. 5 billion from the government to develop advanced ch...
July 7, 2024
Theres never been anything so conclusive this was an amazing night. European equities finding their footing, recovering earlier losses while u. S. Futures turn positive as investors await the first day of fed chairs policy on capitol hill. And Morgan Stanley raises its outlook on the stock but grif ols winds slower and a downgrade watch from moodys. Reporter and its bunt day in the uk. Jeremy walks a tightrope as personal cuts dominate the ag agenda well bring you his speech live at 12 30 gmt a ...
July 7, 2024
Minutes. We will be talking about the banking space in china and what worstCase Scenarios might look like. On the back of discussion on how they deal with local government finance. It is part of unlocking the narrative in china. Session highs on the benchmark, should be day number seven. That should be the longest in about seven months. 171 right now, we are breaking above the key that should be the top end of the range. 4649 the hstech index. This rally certainly continues the risk on mood. Mor...
July 7, 2024
At 10 eastern, nikki haley will announce if shes dropping out. The wall street journal says she will not immediately endorse donald trump but will urge him to win over independents. If haley wants a political future, shell have to make up quickly with mr. Trump because trump is now the almost certain republican candidate in november. Super tuesday was a runaway win for him. He has won every state except vermont9. That was haleys only state win. In his speech, his victory speech, trump called for...
July 7, 2024
Bringing down the sector with results from quarlcomm overnigh. And bank of england is looking for a 25basis point hike or 50 ill speak with Andrew Bailey at 4 00 ap. M. And wall street futures are coming down with the results from apple and amazon and investors are looking to see how the Performance Division is doing. We have been following Economic Data this morning particularly on the pmi front. Earlier on, we had german and french pmi numbers and now eurozone numbers for july. The figure comi...
July 7, 2024
Palestine derailment. [inaudible conversations] the science transportation order. Ee will come to for the purposes of a hearing. We are here this morning at the full committee for improving rail safety in response to the East Palestine correlator i would ask the witnesses to please join us for the first panel at the witness table. [inaudible conversations] [inaudible conversations] good morning, everyone. The hearing will come to order. On february 3rd, the town of East Palestine, ohio, experien...