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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Prices decline. The asx down nearly 1 . We dont have trading in india either because it is mahatma publics birthday, a holiday. Futures are trading on the nifty in singapore down zero point 3 . The 10 year yield slipping back as anticipated. A slight move to the downside with regard to the futures contracts. You see the currencies and weakness creeping in into the dollar overnight. We have seen a reversal of that this morning. You have the yen a tad weaker. Sterling had rebounded to 1. 29. Seeni...
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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

Election delay. Another wave, the u. K. In france report record daily virus cases. Good morning. Session volatile yesterday on wall street. Action, s p 500 futures are in the green. Flat on the year on the index. Alongside 50 up 0. 5 asian equities. Dollar index had a firm week, little change this morning, but we are up or the 1 , biggest weekly gain since april for the dollar. Nymex crude getting a lift, 40 a barrel. U. S. Equities, a volatile session fluctuated yesterday erasing this years gai...
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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Bloomberg sheells will not take the path of least resistance. Dampenssystem fault hopes of japan replacing china as asias trading leader. U. S. Futures opening the session pretty flat. We sought u. S. Stocks gaining ground in the regular session, but this after a volatile session. Their hopes for another round of stimulus measures. We have a house voting on the democratic relief package they are tonight. Watch out for that. The s p 500 gaining ground. Most sectors closed higher. The nasdaq gaini...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Official cash rate being kept on hold, 0. 25 . They are prepared to provide additional stimulus. Just keeping you crossing these additional lines coming through. Monetary policy needs to support the economy for a long time. The economic recovery is on track. The funding may be ready before the end of the year. There is progress being made on additional monetary calls. There has been a rise in unemployment and an increase in firm closures. These lines crossing the terminal now. They kept that cas...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Fallout to spread beyond the walls largest economy. As the brexit bluster ramps up, why Boris Johnsons threat is leaving most economists and traders unruffled for now. Haidi lets take a look at how we are setting up when it comes to the asian trading session this tuesday. U. S. Markets remain largely close for the Labor Day Holiday and this is how we are shaping up when it comes to the futures session, looking like we could get some positive momentum going into the resumption of trade. S p activ...
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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

Who have paychecks. People do not right now, which brings us to the second big issue, which is Unemployment Insurance benefits. A gut instinct is we will see two month extension of the current Unemployment Insurance booster payments such as 600 a week through september 1. The alternative is we cut it to 400 a week, but extended for a longer duration, say through year end. Referenced achin technical correction needing to be made. This is far from a technical correction. This is a deepseated issue...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

We are thrilled you are with us on Bloomberg Radio across this nation and worldwide, and on Bloomberg Television as well, and on a friday as we leap into june. We are looking at any number of topics. One of the great things we know is the twitter uproar, and then the tragedy we see in minneapolis, and then china front and center. President s press conference, believed to be this afternoon. Jonathan and what is the focus of that News Conference going to be . It is going to be it is supposed to be...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Walking in lockstep as the ecb ramps up with Pandemic Purchase Program and germany injects big money into its economy. Asian stocks and futures throw caution to the wind, setting up for a positive end to the week here in europe. The euro holds flat on its longest run since 2004. Lufthansa is set to be kicked out of the dax after a 32 years day. It will be replaced by deutsches on the 22nd of june. Just under one hour away from the start of cash equity trading in europe. Lets take a look at how f...
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CNBC Squawk Box July 13, 2024

Firmly above 1. 7 . Andrew thank you. We have a crazy big show for you this morning lets just tell you about the lineup among the highlights, we have author ben measurer. Former of ceo of airlines. First Television Interview with the ceo wework in the midst of all of this big questions. Ceo of General Mills and then someone who never holds his tong, venture capitalist and investor coming up in the next three hours. We are going to do it. History in the making today. Central bank will begin buyin...
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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Global virus infections tops 2. 5 million with more than 175,000 deaths. U. S. Cases climbed 5 . Their biggest increase since april 10. Its get you started when it comes to the state of trading in asia. We are setting up for this wednesdays session. Sophie kamaruddin in hong kong for us. Sophie we are seeing mckay futures edge slightly higher with s p eminis expecting more eruptions in the region after asia was led lower by india on tuesday. Earnings adding to that drag. The yen just Holding Ste...
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