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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

And yet, it knows exactly how we see each other and how we treat each other. Clear, there is no vaccine for racism. Work forot to do the george floyd, for breonna taylor, for the lives of too many others to name, for our children, and for all of us. We have got to do the work to fulfill that promise of equal justice under law. Because heres the thing none of us are free until all of us are free. So we are at an inflection point. The constant chaos leaves us adrift. The incompetence makes us feel afraid. The callousness makes us feel alone. It is a lot. And heres the thing. Deserve soetter and much more. We must elect a president who will bring something different, something better, and do the important work. A president who will bring all of us together. Black, white, latino, asian, indigenous, to achieve the future we collectively want. We must elect joe biden. Joei will tell you, i knew as Vice President. I knew joe on the campaign trail. And i first got to know joe as the father of

Transcripts For DW Business - News 20240712

A lets do business american great microsoft could save the day for ticktock fads its in talks with the chinese owners of the app to buy the service in the u. S. Canada australia and new zealand the deal could stave off a president ial bad by ensuring user data stays in the u. S. Office life today would be unthinkable without microsoft word and x. L. But so far the worlds leading Software Producer hasnt ventured significantly into social media that however could be about to change. U. S. President donald trump wants to back chinese and platform ticktock in the u. S. He feels data from u. S. Citizens could end up in the hands of beijing communist party this could be microsofts. Is an internationally successful video platform 2 8 3 2 2 4 8 9 2 4 ringback. It allows users to upload short clips of themselves and watch clips of others available worldwide its owned by Chinese Company bite stumps thats a problem for the u. S. Government trump wants to curb their aging influence in the United S

Transcripts For BLOOMBERG Whatd You Miss 20240713

Technical has laid a big role. We were talking about the 200 day moving average, 3000 on the s p 500 and it was a resistance level until it wasnt. I was looking at the etfs that track hong kong stocks. About up twot point 1 . So relief that the president did not announce any new tariffs. He is not going to touch the phase one trade deal. All the other movements and announcements he made are largely priced in and as far as the measure is concerned does not change the big picture. Romaine lets bring back the chief Investment Officer at Deutsche Bank wealth management. Idea of thebout the fed support here and the idea that a big part of this rally, a huge leg of it, is resting on that fed support whether what is done already or what it said its going to do. Is there a risk that should the fed start to pull back and say enough is enough, do we have enough confidence the markets can continue higher on its own without that support . So, romaine. Bt the feel the fed has been essential really

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

Trading session in the u. S. Overnight. Hang seng will be the focus, down 121 point. Another choppy session after quite a comeback yesterday. Jakarta is muted right now. News they will be easing lockdowns in the capital despite the rising cases. Sydney leading the losses, down 1. 2 . Three in a row that have been strong, perhaps the pboc sending a message they will not use currency as a weapon. Onshore strengthened the most. Dollaryen, you are seeing that haven trade come back. As you said, the main market event over the next 24 hours is this presser by President Trump, he will announce u. S. Policy on china curbingijing passed freedoms in hong kong. His top advisers said china will be held accountable by the of ministration. Is it Wishful Thinking in the u. S. Administration to think maybe they can change chinas behavior and plans for hong kong . I think nothing is impossible, but this does seem extremely unlikely. If you look at all the actions beijing has taken, it is clear there ha

Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240713

Welcome to daybreak europe. Started the year risk on. That has taken ahead after reports u. S. Airstrikes have killed the top iranian commander. You are seeing red on the screen for the msci asia asiapacific index, excluding japan. Japanese equity markets still closed for the holiday. Yesterday we saw the essence 500, nasdaq, and the dow hit records led by mega caps. Futures taking a big hit as well. S p futures down 0. 8 . Money moving into treasury futures as well. Japan closed the 10 year yield flipping yesterday dropping back below 190. The yen hitting a two month high. Gold at a fourmonth high. Oil rallied strongly as well. Brent and wti approaching 17 a barrel, hitting its highest since the attacks on saudi arabia and infrastructure in september. Our top story, irans Supreme Leader has about super severe retaliation after the United States killed one of the islamic republics most powerful generals. Great to have you with us. What do we know so far . What we know is the strike and

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