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July 16, 2024
Contain the spread. Successful emergency surgery james dimon undergoes emergency heart surgery, temporarily handing control of the largest u. S. Bank to his lieutenant. Reports are he is recovering well. Morning again from berlin. Im matt miller. Nejra cehic is out. Manus cranny is live in vienna. We are going there to the opec plus meeting. Incredibly important meeting as you will see in a moment when i show you the oil price in just a few minutes from now. I want to check on first off the numb...
July 16, 2024
Order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled Monetary Policy and the state of the economy. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s efforts to interfere with the feds independent Monetary Policy. A recent news story noted that trump has tweeted o...
July 16, 2024
Jerome powell was on capitol hill to update lawmakers on the economy and Monetary Policy. He spoke about the Economic Impact of the coronavirus, Cyber Threats in the Banking Sector and his influence in the Global Economy among other topics. This services hearing is three hours. I now recognize myself for four minutes to give an Opening Statement. Id like to welcome back chairman powell. As i discussed earlier, and at our last hearing with you, i remain very concerned about the president s effort...
July 16, 2024
Into the police, the wellestablished mechanism is to use the ipcc to look into those allegations and complaints. At this time, they have chosen or taken the initiatives to conduct a thematic factfinding study into the more significant incidents that have caused a lot of public concern. , it has already worked. The best way is to complete its finding and for society to examine the findings and have a good discussion on the outcome of the report. [speaking foreignlanguage] david ok, just to recap ...
July 16, 2024
Through. The 10 year yield in japan did move above the 0 level for the First Time Since march. Copper is on a good run, for a fourth session. Above the 200 day moving average. We will talk about iron ore a little later. 90 per barrel, for a metal that cost why dollars to dig out of the ground, this is looking overvalued. Rishaad the Indian Trading nifty session on monday ekeing out the smallest gain, 0. 1 . Do we see more movement to the upside . The rally has ground to a halt. There were big na...
July 16, 2024
Close to current levels. Joining us now from our amsterdam euro is the Senior Energy economist at abm amro. Unchanged does not sound so that in a world where everybody is concerned that the economy is teetering on a recession. Do you share that view . Say i dont fully agree. We are a little bit more bearish to be quite honest. Especially after last weeks opec meeting, i think that agnal was rather mixed and little bit disappointing, actually. Saudisderstand why the think it should be 50 it shoul...
July 16, 2024
December 15 for tariffs. A lot of focus is on the next 48 hours, we have an important poll for u. K. Elections that happen on thursday. Two days of campaigning left her leaders and two days of possible market movement. Conservatives have a clear majority over the labour party he read the japanese 10 year yield did touch 0 . Coming up on bloomberg surveillance, do not miss our exclusive information with Philipp Hildebrand from blackrock. Days ahead of the u. K. Election, Health Service funding , ...
July 16, 2024
Johnson forced onto the defensive as the debate turns its attention to the National Health service. Manus a very good morning to you. Definedl about the jgb the gravitational pull to the downside. Waiting on at zero, the option results to come through. Much biggera question about the stock of negative debt. Will that diminish 20. Good morning. Nejra good morning. That is a great question. It seems to be driven about what is going on globally. The prospect on the optimism of some sort of resoluti...
July 16, 2024
Been on the year. A lot of traders saying this could be a good time to buy vol given some of the structural issues. Keeping a my on emerging markets, the msci keeping an eye on emerging markets, the msci has swung back and forth, now up about 0. 4 . Guy the big story out of europe over the last five days, actually as well out of the United States, is that stocks have gone nowhere in a hurry. The stoxx 600 is just up 0. 3 for the week. Today a little less quiet on the volume front. This is the av...
July 16, 2024
Good morning, everyone. This is bloomberg surveillance. There is quite a lot of going on in the markets. It is what is happening with crude oil, 59. 21. That is nymex. Brent is much higher. We have to look at some of the prices at nymex. It is having a huge impact across the board. We are seeing stocks relate to oil price as well. If we have a look at the airlines that have been impacted. Lets get that board up, ryanair down 2. 7 . Bp worried about possible shortages. We will have a lot more on ...