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BLOOMBERG Bloomberg Markets European Close July 12, 2024

Europe, up by 2. 5 . Todays number from barclays, very strong. We are going to hear from jes staley a little later in the program, our interview from early round. The pound bouncing around all over the place. We were into 1. 31. I think this is broad Dollar Strength rather than anything else. Take a look at the bloomberg dollar index. Alix rising covid cases impacting the economic data. Composite pmi for the euro area dropping below the 50 mark, which shows contraction. Meeting. O ecbs next join...
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CNBC Squawk Alley July 12, 2024

Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an ...
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FBC The Claman Countdown July 12, 2024

Administration looks at the reopening of longshuttered trade routes mean for u. S. Business, not just israel and of course these other nations, but u. S. Business and could saudi arabia and maybe even iran be next to step up . The president s director of trade and Manufacturing Policy, Peter Navarro, will join us live on what this relationship might just do to boost trade in americas struggling covid economy. Rivalry on the baseball diamond still in full swing. Game three of the world series set...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

They are suspending trading in hong kong. We dont know the reason for that but we will bring you the reasons when we get it. Backdrop, the hang seng up by half of 1 . The authority spending a lot of money to defend the dollar peg. That is something on peoples. Inds as people make a rush 0. 5 toi composite, about the downside. Of what istrends going on as far as Market Action in this part of the world. Lets look at some of the first word news. President trump seems to have abandoned any hope of a...
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CNBC Closing Bell July 12, 2024

Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell...
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CNBC Fast Money Halftime Report July 12, 2024

Day. Pete, i come to you. Jpmorgan the quarter was good Loan Loss Provisions were surprisingly good. The commentary today is a surprising show of coronavirus resilience thats what i just read. Why is the stock down . You know, initially it had a nice pop to the up side, scott i think people step back and say the financials, we need to hear a lot more about what theyre going to be able to do at some point in time thats outside of the trading spot because thats another area the Loan Loss Provision...
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CNBC Squawk Alley July 12, 2024

Stimulus watch and of course, palantir, we are awaiting the opening trade set to begin really at any moment. Alex karp, the ceo will join us right here on cnbc immediately following the first trade, jon as we said, its been a long road a lot of filings. A lot to read about the company, voting structure, privacy, you name it. And the Business Model at large. Yeah. And its another big, big ipo but very different from snow flake, which we saw which has a ton of customers, large and small and kind o...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Forward today. I think lisa is going to talk about it. The last moment i saw as we wait for washington to awake this morning with the president nudging away from the republican reticence more towards the place of Speaker Pelosi. I have no idea what that means. After what we went through yesterday, we are littered literally we are literally monitoring when does the president wake up and advance his campaign through any actions throughout the day. Jonathan we understand there will be an interview ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Discussion this evening. Francine we are not brexit free, i have just been sparing you. We have actually been increasing the numbers of icu beds because people need them more. And brexit negotiations are ongoing. There is still the selfimposed deadline of october 15. ,om and i want to make clear the case dynamics in europe are extraordinary for the slopes of those curves are distressing. Its been an extraordinary thursday. Thank you to our team for an incredible news flow. It seems like we are d...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Back to an eight day holiday. They are putting much playing catchup. We have gains across the board. Shanghai is up 1. 6. These services pmi rising for a fifth month. The you on getting 6. 73 versus the dollar. This was stronger than expected. This is a weak dollar story. Some yen strength there. The bank of canada governors has negative Interest Rates remain an option. Courts seems like a lot of the action is in the shanghai markets here today given that robust reopening after the eight day hol...
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