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BLOOMBERG Bloomberg Markets Middle East July 13, 2024

Measured by the pboc. Rate cut by 10. All helping to cushion the Economic Impact of the virus. Down almost 1 . Bucking the trend. But stake a look at where we are in terms of asian stocks. They say this is not a reflection. Rishaad 15 down for new york crude. Nevertheless, we have seen that severe weakness. Gold not much of a haven. Lets have a look at what we can expect from indian markets. The rupee strengthening by 6 10 of 1 . Haslinda the r. B. I. Laying the ground for more rate cuts. Presid...
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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Here are your top headlines. Blame game. President trump raised the prospect that china deliberately caused the coronavirus outbreak. This as the u. S. Pauses some tariffs for 90 days but not those on chinese steel or aluminum. Crude collapse. Wti sags to its lowest level in the 21stcentury on concerns that Storage Space is running low. The demand outlook remains gloomy. Signs of easing. Germany begins to reopen its economy as spain, france, and the u. K. Report the fewest coronavirus fatalities...
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CNBC Mad Money July 13, 2024

We have three markets. Maybe even more. After a day where the dow advanced 39 points, s p declined. 05 , nasdaq did one point, i want you to forget about the averages for a second or a week or a year or until the end of the pandemic. Thanks to the onslaught of the coronavirus, something that no ones ever seen, were seeing Something Else thats incredible not just the complete untethering of main street from wall street, but the disentangling of even small publicly traded companies and medium size...
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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

Chairman. Lets get you started with a quick check of how markets are trading. U. S. Futures continuing to add to gains after u. S. Stocks rallied in the regular session. Vaped tech shares leading the gains. Alphabet optimism about the experiment of drug coming from Gilead Sciences. U. S. Futures gaining ground at the moment. This after the s p 500 rose in the regular session. We have some negative data when it comes to u. S. Fourthquarter gdp seeing the biggest fall since 2008. We did get the fe...
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CNBC Mad Money July 13, 2024

Virus could soon peak in new york city. Weve already seen the apex in madrid italy is clearly over the hump that means buy storks. Cover your shorts. The bull is backs todays run d 1627 points marking its best day in two weeks s p soaring 7. 03 . Nasdaq 7. 3 . Can it really be this easy or does this represent too much optimism i think its a bit of the latter wall street is a group of index buyers and traders when we care about the new number of coronavirus cases, number of hospitalizations and m...
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CNBC Mad Money July 13, 2024

Thinnest of reeds which is why the averages were able to war today. The dow which gained 470 points, s p advancing 2. 28 . Its hard to find a positive button house of pleasure the nasdaq gaining 1. 72 . All right, what happened okay, this morning President Trump told us hes brokering a deal between russia and saudi arabia so theyll stop flooding the world with oil that will help the price of crude to rebound back to the 20s and trigger a short rally in the stock market. One that couldnt be taken...
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CNBC Squawk Alley July 13, 2024

And say the market is reaching extremes of being oversold theres been signs of internal panic and we were set up for at least some kind of snapback. A couple caveats there, we did have a couple tuesday rallies of 5 and 6 the past couple weeks that did not arrest the downtrend. One thing you can hang a little bit of weight on right now is the fact that over the past several days youve been able to look below the surface of the indexes and see more differentiation, separating winners from losers a...
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CNBC Squawk Alley July 13, 2024

Something we havent seen for the dow and s p in more than a ho month and a half to wilfred frost who has breaking news. Hi, morgan. Yes, james gorman the chairman and ceo of Morgan Stanley sent a note out to colleagues that were seen by myself and the content confirmed by a spokesperson at Morgan Stanley, in it he said, quote, 90 of our employees are working from home. As a result the normal bonds created by every day interactions with colleagues have been impacted and im hoping my perspective o...
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FBC Barrons Roundtable July 13, 2024

Screen. And we look at buying opportunities intact. Ben, carlton and. [inaudible] all practicing social distancing, thank you for letting us into your homes, i promise i will try not to stare at the background behind you for personal details. Ill do my best. Then, let me go right to you about the market. I used to know a thing or two about how the stock market works. You had your ups and downs, you waited them out, you got good returns over time, i not only just watched a bull market turn into a...
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FBC Barrons Roundtable July 13, 2024

Screen. And we look at buying opportunities intact. Ben, carlton and. [inaudible] all practicing social distancing, thank you for letting us into your homes, i promise i will try not to stare at the background behind you for personal details. Ill do my best. Then, let me go right to you about the market. I used to know a thing or two about how the stock market works. You had your ups and downs, you waited them out, you got good returns over time, i not only just watched a bull market turn into a...
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