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June 25, 2024
That interconnected world represents. Its also important in these discussions to find ways in which we are expanding and broadening the benefits of that interconnection to more and more people. Thats what so many of you are doing. We are gathered here at stanford in the heart of silicon valley, one of the great hubs of innovation and a partnership for the world. This is a place that celebrates our ability as human beings to ,iscover and learn and to build to question, to reimagine, to create new...
June 25, 2024
Im francine lacqua. Lets get to the markets. But we are getting a little bit of data. This is a picture from eurozone manufacturing for july. The survey was 51. 9. We got plus 52. This is the picture for today. You can see banks on the backside of those stress tests a little bit lower. I wanted to show you yen went up. 34. To four european stocks gaining a touch. Lets get straight to bloomberg first word news with nejra cehic. Nejra data on chinese manufacturing in july has left analysts scratch...
June 25, 2024
What lessons global economies can learn from japan. Lets kick it off with our market minutes today. I want to highlight something i was super excited to realize with my imac, and that is that we are now looking at 11 different Industry Groups today for the first time, this will go official for standard on september 16. It is already official. They have broken out real estate from a financial. Financials have done very well this year, but mostly because of the reads. They have done much better on...
June 25, 2024
A is definitely Commodities Energy story in terms of the dow. As thats the nasdaq off by. 2 . We are talking about falling oil as well as falling commodities as the bloomberg dollar index also rises. You can see it is definitely a very broad decline. It is also a mild decline. Materials is down the most by. 7 . We are seeing commodities in terms of gold, silver as well as copper all often the order of onemonth or twomudflows. Flows. Twomonth with oil on the downside, financials also slipping int...
June 24, 2024
Now lets take a look at the markets. This is what we are seeing on the board. Yen strengthening past 1. 15 per dollar. Stoxx europe 600 opening lower. 9. 5 che bank losing yesterday and now gaining 3 . Japanese yen at 115. I want to show you the 10year jgb, negative territory. This fell below zero. If we look at some of the other banks overall this stoxx europe 600 bank, unchanged. The nikkei finishing the day 5 lower. Man and dust unexpectedly fell for a second monday in december. Unexpectedly ...
June 24, 2024
Tom is in washington, d. C. Tom it came out widely as expected. There were some nuance francine through the night. It was fascinating to watch the political derby at about 10 00 last night, maybe 10 30, particularly the tension among rubio of florida on the republican side. Lets go to some of those results. I think we know seven states in seven states for donald trump and Hillary Clinton the opening frontrunners but then it gets a lot more interesting. Well get to the secretary in a moment. For ...
June 24, 2024
Announce its new smaller iphone. The move comes one day before the apple and the sei meet in court. Lets head straight to the market desk where julie hyman has been keeping and i. Julie breaking economic data. An annual pace of 5. 0 8 million. It had the sales of previously down homes in 2007, coming at a threemonth low. Sales lower than the most pessimistic forecast in the survey of economists. It probably will not affect the large portion of trading. The company is coming out in making a numbe...
June 24, 2024
Were getting the move. There is two primary ones. Better china trade data, particularly on the exports. Then bank earnings, jpmorgan, lets call it good enough. Thats my phrase. People were expecting downbeat commentary. We didnt get that. That helped move the financials and the overall markets. High cash positions forcing a lot of people into the markets, Short Covering going on. Look at the china trade data. The news on china has been relentlessly bearish for a year. Everybody said, oh, my heav...
June 24, 2024
0. 6 . After falling 4 present yesterday crude oil prices right now pulling back even further, down 1. 3 . A new fox poll shows ted cruz narrowing the gap with donald trump. We have the numbers for you. The fbi hires an israeli firm to unlock an iphone used by a terrorist. Dirksen Senate Office Building National Football League owners crackdown on player conduct during games and Alex Rodriguez reveals when he might retire but later he backtracks a bit. Those stories and more coming up. 5 01 east...
June 24, 2024
Cnbc. And we have a great lineup. We have our host for the hour with jim chanos, and david rosen will be here as well as carson block from muddy waters. And jim, you have had a long history here at sohn and we will go through some of the picks through the years later, and before we get to that and get to some of the thoughts on china, and get to the breaking news of john kasich leaving the president ial race, and it appear appears that though the dance floor is cleared for the trump clinton tick...