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June 28, 2024
Anna welcome to bloomberg daybreak. Im anna edwards. Manus im manus cranny. Another day and another momentous moment from the white house. We are talking about the Washington Post article which has been denied by the white house that the president classified information to the Russian Foreign minister and ambassador. How are markets taking this second big political punch . The dollar has dropped. It started pretty much in the middle of last week. Poor sales, cpi data so the dollar fell in the fi...
June 27, 2024
Suisse afterfor a takeover after apple terminates its chip supply deal, helping shares in the uk firm recover some of yesterdays steep losses. Asos falls out of fashion with investors despite raising its fullyear sales guidance. Good morning, everybody. Thank you very much for joining us. Glad to be in your company over the course of the next hour. We have a packed show. Loads coming up. Have an fx guest just making his way into the studio, i see. Get your questions through nice and early so i c...
June 25, 2024
Bottle. We seem to like to talk a lot about alcohol on this program. Lets head to the markets desk where julie hyman has the latest on that. I dont want to speculate why. Julie i think its obvious although im disappointed if it is 35 grant a bottle, we will probably not get a taste test. Lets take a look at whats going on with averages. A pullback here after a big update for stocks yesterday. We are seeing selling despite what was largely a morning of stronger than estimated economic news. Even ...
June 25, 2024
Life from bloombergs European Headquarters here in london. Im Francine Lacqua. Lets get straight to the board and to the market. Here is the picture for european stocks. We did see a reversal a little bit. A lot of these asian equities, the euro stoxx 600 getting down to 0. 5 . I want to focus on german bonds, the 10 year at a new fresh record low. Pulling off 50 a barrel. The japanese 10 year bond yield sinking to a year sinking to a low. Caroline francine, thank you. Chinas export exports stab...
June 25, 2024
Guest it takes the current code, get rid of it. A couple years ago the taxwriting committee in they put together after several efforts, a bill to try to rationalize the current code. It tells you all you need to know. You were to put in a single rate. We recommend 17 . Generous exemptions so nobody gets a tax increase. For example, a family of four, the first 52800 of salary is free from federal income tax. No tax in your savings. Same thing on the corporate side. Knock the rate down to 17 . You...
June 24, 2024
Silence and saying that there is no basis for the continuing depreciation. Assessing and not much abenomics, three years in, has the programs finally failed . You can let us know by following me on twitter and do not forget to include the. The chinese and hong kong markets get underway and singapore, taiwan, and malaysia and they remember thats. This is the past couple of would have the withgs of a recovery rally 1 in the open. Region,he rest of the it was the worst rout that we had seen. And a ...
June 21, 2024
Early numbers from shoppers indicate they did not spend as much as they did last year. Welcome to the show. Just getting some eurozone pmi data out. This the second reading out for november. The wide numbers come in at 50. 1, previous month was 50. 6. The forecast was 50. 4. Its come in below forecast. This follows the individual readings out from france and germany. Germany the headline number coming out at 49. 5, retraction territory. The lowest reading for germany in the last 15 months. The e...
June 21, 2024
Over 1 . Some individual news that is worth bringing to our viewers attention, these are three stocks we will be watching. Well holcim do the deal with lafarge . Is bruno the man that the market wants to see at the helm . Lafarge wants to do a deal and they want new management structure. That has implications for this company, crh up 0. 9 . 24. 70 is where we are. Hes got his eye closely fixed on that. Next this is where it gets a little spicy. Fullyear numbers. They have lowered their guidance ...
June 21, 2024
6,000. Saudi foreign minister held a News Conference with u. S. Secretary of state john kerry in riyad. Translator the kingdom is thinking there could be a ceasefire for a period of five days in yemen. It would allow for the delivery of relief aid to the brothers in the country. If the houthis and their allies are committed to that. Aid workers say fighting and a lack of fuel is hampering the delivery of daily necessities. The rebels had been demanding saudi halt air strikes as a condition for a...
June 21, 2024
Alzheimers disease. Call your attention to one stock. Those would be the shares of biojin right now up 7 . Up 30 in the past three months at alltime highs now after releasing very encouraging data on an experimental alzheimers drug. Telling us about it at this time yesterday and shes now back with more detail. Hi, meg. Hi tyler. Incredibly High Expectations for this drug leading into today and analysts say biogin met and exceeded them. Shocking investors saying the medicine appeared to slow the ...