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July 3, 2024
Home that higher for longer narrative. We are seeing pretty decent sentiment here, big tech rally in the u. S. Leading some of those stock sire in the region here in asia as well. It is a little bit of holiday session, hong kong as well of as well as curia close. The markets are online, we see decent gains. One of the big stories across the bloomberg, spotlight on china property is starting to see play through when it comes to these key assets like dollar china as well as the aussie dollar watch...
July 3, 2024
Pal the stint yap authority. The objective in prevent a wider war, limit casualties in gaza, get aid to the displaced pal stun yap withs and, above all, keep iran out palestinians. Back home the president leads a divided party. Many colleges are overtly antisemitic. On the ground, the invasion of gaza has not started. Hamas rockets still hand in israel, and again we have to say that the markets are paying more attention to Interest Rates and profits than they are to the war. The dow industrials ...
July 3, 2024
Good morning, this is bloomberg daybreak europe. I am tom mackenzie. Asian bonds fall extending selling pressure seen in treasuries after a cell of 10 year notes was met with epidemic. China exports return to growth in april while the yen gains after one boj member indicates rates may rise faster than expected. The bank of england is expected to hold rates at their highest levels in 16 years, what will the central bank signal when it will start lowering borrowing costs . We will review the decis...
July 3, 2024
But not sprinting. He is also concerned about Economic Uncertainty triggered from the conflict between israel and hamas as the death toll continues to rise. The bbc� s economics editor Faisal Islam Sat down with him and asked if the Global Economy was heading in the right direction. In the right direction. Well, thins in the right direction. Well, things are in the right direction. Well, things are going in the right direction. Well, things are going in in the right direction. Well, things are...
July 3, 2024
He is also concerned about Economic Uncertainty triggered from the conflict between israel and hamas as the death toll continues to rise. The bbc� s economics editor Faisal Islam Sat down with him and asked if the Global Economy was heading in the right direction. Well, things are going in the right direction. What we are seeing is, despite these large shocks that you describe, the World Economy is still standing. No global recession, you know, no massive slowdown that would put us into huge u...
July 3, 2024
About the Economic Uncertainty that will come from the conflict between israel and hamas as the death toll continues to rise. The bbc� s economics editor faisal islam sat down Pierre Olivier gourinchas and asked if the Global Economy is heading in the right direction. Well, things are going in the right direction. What were seeing is despite these large shocks that you describe, the World Economy is still standing. No global recession, no massive slowdown that would put us into, you know, huge...
July 3, 2024
And in case some of our viewers mr. That, single day, from the start, from when the Chinese Markets came out of the spring holiday early, there was only one single day where they had outflows, so that is one part of the story. Hong kong has done well. The best week in 12 years yesterday. You are getting onshore market starting to come alive. 30 minutes, and at one point, one point 4 , and you are also getting pockets of the market that were not participating in the rally last week. If they are d...
July 3, 2024
Paul hello and welcome to daybreak asia. We are coming down to asias market opens. Shery asian stocks are poised for a week open with Interest Rate risk overshadowing the deal to avert the u. S. Shutdown. Mixed messages on factory activity. Data picking up for the first time. Plus fords ceo blasts thuw demands for future battery plants with expanded strikes into their third week. Paul lets look at markets around the region. Trade in australia, we moved to weekend the assets is trading. We may se...
July 3, 2024
Not so fun. Hours from now, former President Trump will be sitting in a manhattan courtroom as his Hush Money Trial is set to resume. This as the judge overseeing the case has yet to rule if trump violated his gag order. In washington, d. C. , the Supreme Court will hear Oral Arguments over trumps claim that he is immune from criminal prosecution in the d. C. Election interference case. Plus, arizonas Attorney General has charged mark meadows, rudy giuliani, and other key trump allies, as well a...
July 3, 2024
The fight between americas Biggest Car Companies and the uaw over pay and Better Benefits is playing out in a key Battleground State in the 2024 president ial election, that is michigan. So this visit by President Biden is no accident. Hes trying to turbo charge the market for Electric Vehicles, that is part of his policy to reduce Greenhouse Gas emissions. His signature legislation, well, its known as the inflation reduction act, and it includes billions of dollars in incentives to get more cle...