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July 16, 2024
From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 ...
July 16, 2024
Environment. Businesses, the private and Corporate Bank are fighting through the Interest Rate headwinds, but doing well on executing strategies and offsetting that had went. Thee are uncertainties in Macro Economic environment and that is something we factor in as we manage our businesses, our risks, but we remain quite confident in our outlook and the way we are managing through this pandemic. It is supporting clients, the economy as we all navigate an unexpected environment. Risks, howaging t...
July 16, 2024
You go to safety. Youre going to buy volatility, yields, bonds, and the dollar. 10 year yield now 75 basis quite a move from just a few days ago. Crude battered, beaten up today. Less demand for those oil prices. Guy absolutely. Lets recap where we are and what is going on. The german chancellor Angela Merkel currently meeting with heads of the german states. We are going to hear from her we think when that meeting wraps. We are probably likely to hear from her as well tomorrow morning. We are a...
July 16, 2024
Hour, likely to confirm thirdquarter results that beat forecasts. The first since the patriarch. It may losewarning Legal Protection over user content. Lawmakers accuse platforms of abusing their power for political speech as the election nears. First, lets get you started with a quick check of the markets. Sophie kamaruddin in hong kong. Sophie after the steep losses we saw for u. S. And european stocks, we are looking for a downside move here in asia with earnings also in focus and we have u. ...
July 16, 2024
The hardline view. Said to be ready to accept doling out grants as the Recovery Fund talks stretch into a fourth day. Will the rest of europe be willing to compromise . How will markets react . Stocks and futures trade mixed spread inead in a coronavirus infections. Hong kong hit a daily record as a u. S. Congresswoman calls floridas outbreak out of control. Julius baer kicks off European Bank earnings with a record firsthalf profit. We will speak with the ceo in just a few minutes. An interview...
July 16, 2024
A medical journal is due to publish more information on the vaccine trial. Welcome to bloomberg surveillance. Im Francine Lacqua in london. The markets are more quiet, but a lot of the focus is euro given what weve seen in the markets and what we saw with the eu leaders. The eu strengthening to a fourmonth high, bond spreads narrowing as regional leaders in europe make progress negotiating a stimulus package for economies devastated by the pandemic. Eurodollar, 1. 1455 and gold flat. Lets get th...
July 16, 2024
Ministers brief reporters, and it is brutal on the negotiations. Tom brutal is the right word. There was one photo ice saw. E looking justutt exhausted. For those of you who have not followed the soap opera, it is still not over. This monday isn deceptive, extraordinary. Out of china, the virus particularly in america, and this european donnybrook it is amazing. And then the market reaction. Francine it is quite a lot for a mid july market. Now lets get straight to the bloomberg first word news....
July 16, 2024
Infection rates low in tokyo but hong kong says the situation is increasingly severe. Jack ma looks to make more headlines. He is aiming for a 200 billion valuation with between listings in hong kong and shanghai. Look at how take a we are setting up when it comes to the asian open. We have a lot of positivity carrying on from that session. Investors are backing that buy the dip trend. The nasdaq hitting the alltime high. The s p hitting positive for the year. S p active futures contracts a litt...
July 16, 2024
Expected to have a real estate boom he says yes and has the numbers to prove it. You are watching Worldwide Exchange here on cnbc good morning welcome from wherever in the world you may be watching. I am brian sullivan. We are keeping our physical distance but hope you are doing well despite 25 plus Million People out of work and the steepest drop in retail sales in 30 years, the stock market looks forward and likes a bit of what it sees. Futures are higher once again. The dow surged closing abo...
July 16, 2024
The train jumped to his aid before Oliver Tyrone Williams was fatally stabbed. My heart is truly broken over this. It breaks my heart that this goes on bart trains and there is no Police Patrolling these things. Reporter bart confirms that the fight between williams and suspect gejermaine brim was fir reported to them as the train left the station tuesday afternoon, and that officers responded one stop later at south hayward. Williams intervened when the shoeless brim allegedly tried to steal th...