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July 16, 2024
See whether tariffs will be impose or not, the focus is on jobs. At 63. 30. E well have a roundup of opec and saudi aramco and the pound. We are six days away, the u. K. Election is holding at the moment. Today, have an important Leaders Debate. Coming up a little later, dont miss our interview with the u. S. National economic director at 2 30 p. M. U. K. To. Time. First, look at straight to first word news. Lets get straight to first word news. President donald trump might be impeached before c...
July 16, 2024
Job. Homefront, couldnt see this negatively if you wanted to. Its positive for the week on this news as well. The leaders on the dow, let me remind you every dow component is in a positive territory today but the leaders are called me and chevron. Give me a sense of the broad range of this rally. We are taking a look at old prices being lower, it makes sense safety trade today, it moves into equity. Traders think it will hold so dont look for gold to rebound anytime soon. Check out what we saw i...
July 16, 2024
The broader context is that Global Equities are headed for a third month of gains, so a fair amount of optimism priced in in terms of the prospects of a deal. Stock and bond markets were closed for thanksgiving and we trade for a half day today futures are lower in the 10 year yield is is no indication of sentiment. Oil on the back foot today but we are heading to a fourth week of gains ahead of opec plus a survey saying we are not likely to get a deepening of those cuts. Lets get first word new...
July 16, 2024
State no cut was coming afterwards a couple called the rate cut a close call and two, who we know, they didnt want to cut at all. The fed said the cut was due to trade war and to take out insurance against potential Downside Risks there were concerns. There was concern with brexit and trade at the time. There was concern that exports would spill into the labor markets and consumer spending. Theyre okay with it not okay with it, but theyre not all that concerned with weakness and manufacturing. T...
July 16, 2024
Take a look at where the csi index positive territory earlier. This confirms the slow down in japan as well as australia. Taking a look at hong kong, the hang seng negative territory, down by 9 10 of 1 . It closed at the lowest in three weeks, down 5 over the last week. Removing are cautious, or cutting investments in chunk in hong kong and newman china. Cuttinga look investments in hong kong and them in china. Powell signaling rates could be on hold. It is Rate Decision date today. Lets have a ...
July 16, 2024
President trump is expected to sign the bill into law. Jay powell saw elevated threats including Global Growth and trade. Sophie macro uncertainty over trade in hong kong certainly looming large, given what we stocks. N so far in ozzie shares opening to the. 1 after being tracked lower wednesday. Aussie bonds are climbing for a Third Session tracking the rally we saw in treasuries overnight, to flatten. Ontinued the move to the downside while treasury futures a fourthing a bid for straight sessi...
July 16, 2024
Uncertainty on the phase one trade deal, and concern over escalating violence in hong kong dull markets. Conservative election candidates support the Prime Ministers brexit plan. The first headtohead latest debate takes place later tonight. Welcome to bloomberg daybreak . Rope 100 protesters surrounded by police in hong kong. We have learned the schools will be open wednesday after carrie lam says she wanted a peaceful to to the University End the university standoff. Seng isingly, the hang in t...
July 16, 2024
Whether we are any closer to a phase one deal between the u. S. And china. The s p 500 hitting another reluctant record, i would call it, and u. S. Futures on the front foot. The euro study. We sought strengthen steady. We saw it strengthen against the dollar yesterday. 1070 right now. General concern about growth in u. S. Stockpiles, meaning it is trading at 56. 96. Coming up, we speak to the managing director of the fund,ational monetary Kristalina Georgieva. Dont miss that. Markets pushing do...
July 16, 2024
That these measures that work youre right weve seen i receive a continued slowdown in if you look at the Economic Growth as a hold of was reduced a few quarters ago at a at the end of this quarter we saw slow down to the lowest growth ever basically and this for october data was your slowdown in retail a fixed Asset Investment uncritically investment into fat Manufacturing Capabilities now you said that. The stimulus measures on particular working in this is particularly reflected from new bank ...
July 16, 2024
A few quarters ago at a at the end of this quarter we saw slow down to the lowest growth and ever basically and for october data we see a slowdown in retail a fixed Asset Investment uncritically investment into fat Manufacturing Capabilities now you saw. That the stimulus measures on particular working and this is particularly reflected from new bank lending which has reached one of the lowest levels of the. Arctic. And our team is. The government is working on the supply side but the demand sid...