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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Boris johnson is due to the side on fridawhether to walk away from the talks. New zealand prepares to vote with polls indicating the Prime Minister will be a comfortable winner. Both party leade are criticized for not doing enough for women. Breaking news out of south korea. We are getting the jobless figures for the month of ptember coming in at 3. 9 , which is much higher than analysts had expected. Its also larger than the previous month, when it came in from august at 3. 2. 300 92,000 jobs w...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Lot of panic just yet. Nifty futures in the positive in singapore. But see how other markets are faring. Jakarta coming online. That is 1. 5 lower in indonesia. We are watching chinese stocks under a bit of pressure. As we see shortselling on these local exchanges, reaching a record. Hang seng down 112. Hsbc and Standard Chartered having another bad day. And the kospi as well, 1. 5 lower. As take a look in terms of what we saw overnight. The dollar very much in focus. The biggest gain in three m...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

In the last 10 days. The u. S. And china trade new barbs. Washington rejects chinas claim to the South China Sea. Top u. S. Senators are facing mainland sanctions. Haidi u. S. China sentiments dominating again with the grim overlay of rolling back restrictions around the world. This is how we are shaping up when it comes to u. S. Futures contracts, up by. 2 after what was a truly volatile session. We had the s p 500 touching levels prepandemic and we also have the nasdaq hitting a fresh record b...
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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

There are concerns over the pace of the recovery, the second wave of infections. Infections rising in 22 states across the u. S. The dow ended the session up 1. 9 . The s p 500 up 1. 3 . The s p futures, under pressure. Oil also falling with the 35 a barrel level. This is after crude posted its first weekly loss since late april. We have, as i mentioned, fears of a second wave of infections affecting the fragile recovery. Investors are awaiting the opecplus joint Technical Committee meeting this...
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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Welcome to bloomberg daybreak europe. Volkswagen saying it is almost impossible to make a reliable forecast on coronavirus. It says to succeed in overcoming the coronavirus crisis, vw will succeed in overcoming it. 2020 will be a very difficult year. The coronavirus poses challenges. It is almost impossible to make a reliable forecast on the coronavirus. You can translate that third to equity markets that through to equity markets. 1987. Drop since we have had three backtoback days of moves at 9...
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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Mondays losses on the dow eclipse the first day of the wall street crash in the great depression, as the ceo of nasdaq says it is critically important to keep markets open. Macron callsuel for unity in the battle against the coronavirus. The e. U. Closes its borders, as im a trump admits the u. S. Could enter a recession. Unknown, volkswagen says the economic fallout from the pandemic is impossible to predict, as car plants across europe are shut down. Anna good morning everybody. A grizzly mond...
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BLOOMBERG Bloomberg Markets July 13, 2024

The big day is here in the United States. Super tuesday. Can joe biden continue challenging Bernie Sanders . Will Michael Bloomberg or Elizabeth Warren claim their first date . First, more first state . First, more coronavirus cases in the u. S. Two employees in china contracted the virus, or cases in south korea, iran. The fed jumping in but u. S. Stocks still tumbling. What are you watching ahead of the open . Paul the u. S. Reaction really setting us up for wednesday. New zealand, already ope...
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BLOOMBERG Bloomberg Markets July 13, 2024

Lets get over to china correspondent in beijing for more. What are the latest developments . The economic front, we did hear from the finance minister over the weekend. There will be additional measures from china to cut taxes and fees to support the economy. We saw additional meters over bond issues at the local government level. Additional letters from policymakers to support the economy. Meet its social and economic target. The question is how much budgetary pressure china will be under and h...
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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Right . When you talked about the japanese markets, we see the japanese yen gaining ground after it gained, was almost at the highest level in five months against the u. S. Dollar. Perhaps taking a little bit from the equity markets there. As you mention, this following the boj coming through with a 500 billion yen to provide stability to financial markets. Lets get a deeper look at the markets with sarah. Today, ther on Conference Call with the g7 finance ministers. We have seen a Global Relief...
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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Johnson changes the law to guarantee the transition phase is not extended. sis is the bank of england capital demand for the biggest u. K. Lenders. Welcome to daybreak europe. 6 00 a. M. And london, 7 00 in europe. There is room to run in the rally, the note from citi. Palladium breaks 2000. The taiwan stock market at the highest level since 1990 and there may be a sustained u. S. China trade truce and if that remains the base case an era scenario, we could grind higher. It depends if you are in...
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