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July 3, 2024
Hush money trial is entering day 20 this morning as former Legal Advisor to Michael Cohen, Robert Costello will return to the witness stand today for cross examination. Judge merchan clashed with costello yesterday sending reporters out of the courtroom, threatening to hold him in contempt if he continues to, quote, stare him down during the testimony. Costello confirmed that cohen said trump did not know anything about a nondisclosure agreement payment to Stormy Daniels. Cohen also admitted he ...
July 3, 2024
City this morning, good morning. For our audience worldwide, this is bloomberg surveillance coming in to wednesday with the nasdaq at alltime highs. Equity futures just about positive. Your lineup looks a Little Something like this. Cpi data in america alongside u. S. Retail sales Neel Kashkari, nikki bowman with a lot to say about this inflation backdrop. If they really want to give some sort of hawkish message this market is not listening. They want to rally on the disinflationary pivot regard...
July 3, 2024
We will discuss. Katie welcome to bloomberg markets. Markets there is some green on the screen behind it. The s p 500 up to the tune of about 3 10 of 1 if that holds that will snap a threeday losing streak so do not hold your breath. Its the same thing if you look at the nasdaq 100. A little bit more tenuous their prating we are just about unchanged when comes to the nasdaq 100. Big tech under a little bit of pressure. Breathing a sigh of relief in the bond market you can see yields are falling ...
June 30, 2024
The board. Dax up a quarter of a percent. Cac at the quarter represented the ft 100 around breakeven. Uncertainty taking a look at whats happening in futures this morning. Getting a lower opening for the u. S. Markets this monday morning. The kick off this thanksgiving week. Next action take a look. Shanghai composite of a quarter of a percent as does the hands than in hong kong. Charles manson dead at 83 according to prison officials. The convict did live cult leader died of natural causes. Cau...
June 30, 2024
There werent going to be then, there certainly are now. What about race crime . I dont quite know how that works, but no doubt that will be explained on further pages of the daily mirror. In america, the right to free speech, constitutional. Yes. Lets look at the i paper comedy special in tatters, this is a bit overwritten . I paper, the special relationship in tatters. Anything which mentions the special relationship is overwritten, and we dont have an especially Good Relationship with donald t...
June 30, 2024
Weakness in italy and spain. When it comes to the treasury yields, this is what were watching closely, the tenyear is trading at 2. 433 should we be doing a Weather Board . Like a freezing cold Weather Board . I saw this morning that 90 of the United States is freezing or below a third of the continental United States, the lower 48, are actually below zero. As was predicted. Its cold because its warm. Dont do this as a Global Warming thing. No, no, because only weather that proves Global Warming...
June 30, 2024
Stocks have added to gains since all of that news started to come out. People asking whether fridays low was the bottom joe, what do you think is it going to hold . I cannot give you the answer to that thars a good thing secondarily, the fact this is just an equity correction and not a portfolio correction doesnt present the risk to global synchronized growth thats very important. Is the worst over yes yes. That doesnt mean that we dont test it. What we see when we see a big spike is significant...
June 30, 2024
Got us high as 88 this morning our global map futures falling sharply picking off where friday drop off. We have broadcom raising that bit for qualcomm it would be the Largest Technology deal if it got done it is best and final and it is worth more than 121 billion in cash and stocks. Shares of wells fargo sinks. Stocks are on track to extend the sell off on friday if the dow falls 235 points today, that would constitute a 5 pull back on its all time high on january 26th might we know how long i...
June 30, 2024
Apple considers radical expansion plans for the iphone, three new devices with a big new tablet for mobile. , 00 a. M. Across the emirates 12 00 p. M. In hong kong. Embraer of the Global Financial markets embraer i am yousef gamal eldin. Over 3000 delegates expected at the Global Financial form. We have some big interviews throughout the day. As to to give you a tease who will be involved. We will speak to the ceo of one bankny and the central governor of the uae. The list is long. I want to shi...
June 30, 2024
A politician who took part in kenyan opposition rally has been deported to canada. The kenyan government Spokesman Says the person seen here to the renounce their citizenship years ago and never reclaimed it but they said that he plans to challenge the deportation, calling the presidency of the current presidency president a legitimate your that illegitimate. Illegitimate. Global news 24 hours a day, powered by more than 2700 journalist and analysts in more than 120 countries. This is bloomberg....