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BLOOMBERG Bloomberg Surveillance July 12, 2024

There is the thenwhat later in the week that will be interesting. Francine right. Depending on whether it is a contested election, that is what i keep hearing on the markets, that if it is contested we could see a lot of volatility in all sorts of asset classes. And of course, there is a bit of news on brexit, and coupled with news on restrictions in the u. K. Economy, it is giving us more neutral pound going forward. Lets get to first word news with ritika gupta. Ritika good morning. The presid...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Services. Westpacs full year profits plunge after fines for Money Laundering. Cash earnings falls. One of those stocks where watching going into the sydney open. Lets look at the market open. Sophie . Expecting some moves this monday. The biggest weekly drop since september 25 as investors adjust the some of the risk ahead. We did have the worst week for aussie stocks since april. Adding 0. 1 . We have amp shares gaining trillionter the this wealth manager said that a preliminary takeover approa...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Down 600 points recently. We are not near a correction yet on s p, but we are getting there rapidly. I dont think this can be underplayed the virus, the pandemic is really front and center on a global basis, even with an america distracted by an historic moment. Momente and a historic that could possibly sway the election. Lets get to the bloomberg first word news in new york city with ritika gupta. Ritika good morning. The death of Justice Ruth Bader ginsburg has thrust the Supreme Court into t...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Francine we will have plenty more on that throughout the day. Lets get to first word news with ritika gupta. Ritika no murder charges in the Fatal Shooting of breonna taylor. A kentucky grand jury chose not to file the indictments against any of the Police Officers involved. A single officer was charged with wanton endangerment for firing into neighboring apartments. The decision has sparked outrage and renewed violence. At least two Police Officers have been shot. President trump says the Supre...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Busiest in surveillance is maria tadeo in brussels. She is door stopping. You have done a lot of door stopping. How do you doorstop anxious politicians in brussels . Nejra you call out their name with a big smile, you hold out your mic, and you fire your questions as quickly and ferociously as you can. We certainly have seen that this morning. There has been so much optimism priced into the Recovery Fund in terms of european equities, but also the btb bun spread. Some investors say we have been ...
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BLOOMBERG Bloomberg Markets European Close July 12, 2024

Down nine basis points. Europe is jumpy holding onto positive territory. Who knows . Brexit conversations throughout this week. Coming up later in the hour, we are going to speak to gregory poland of the mayo clinic to get his perspective on the latest vaccine trial results from astrazeneca and pfizer. What does it actually mean for the market . Eu leaders are reconvening about premuch now for stimulus negotiations in brussels. The goal to seal the deal signaled that they are ready to agree on 3...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

Conference. I still dont have a time on that. All of the other news flow, minneapolis, this whole twitter flap. To me, what is extraordinary is june beckons. Nothing is more front and center for me beside the june 5 jobs report. 41 million is where we are unemployed. To me, that is the dominant crosscurrents right now. Jonathan youve picked up on this again and again over the last couple of months. 20 could be the Unemployment Rate when we get the numbers next week. We talked about next steps on...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

I am Francine Lacqua in london. This is what markets are doing. These are the headlines from the International Energy agency. The oil markets are improving, they say, and we had hints of that from the biggest reducers in the world. Saudi arabia claimed they could put a price increase on asian markets. They say the oil market improving is continuing. We will have a look at wti futures to see what they indicate. The markets give us a good idea of what is to come. U. S. Futures are fluctuating. Inv...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

Bailey and also to chairman powell. Yesterday, the continued inflationary trend and the outright deflationary trend in switzerland. The numbers in europe in inflation on price change are simply grim, and you are dead on about unemployment. Overnight, Goldman Sachs readjusted their Unemployment Rates, and they get Steve Englander of Standard Chartered bank, a stunning statistic, francine 25 Unemployment Rates modeled out now by Goldman Sachs. And of course we get claims at 8 30 this morning. Fran...
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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Hong kong Police Surround protesters at a university standoff. Chief executive carrie lam calls for a peaceful resolution. We are live in the city. Powell goes to the white house. President trump says he protested against high Interest Rates in a meeting with the fed chairman. Boston fed president tells bloomberg the central bank might already have gone too far. And emirates exclusive. President tim clark tells bloomberg he is still interested 737boeing seven dreamliner but does not see the 737 ...
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