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June 23, 2024
Ends up being routine. We have become numb to this. Experian is hit by a data breach. Sending shares lower in london. Lift off. They get a bullish note while klm takes off on news of significant job cuts. Dont let the party go on too long so says San Francisco fed president jon williams of the easy policy theyre due to start reigning in. He said policy makers did not need much more data to make a decision and said if todays jobs growth was above 150,000, that would be, quote, good. Lets tell you...
June 23, 2024
Vonnie good morning david and stephanie. The city of brussels is under lockdown because of fear of an imminent terrorist attack. Schools, jobs, and the imminent subways schools, jobs, and the subway system remain close. They expect a peristyle attack with multiple attacks taking place at once. We will go to brussels for more in a moment. Francois hollande has the u. K. On board in his attempts to build a coalition to fight Islamic State he met with amy cameron today. That he met with David Camer...
June 23, 2024
A lifetime contract. We are half an hour into the trading session. It has been quite a big cello around the world. Matt miller has the latest. Matt im looking at oil prices, especially. Crude, not only nymex crude, started dropping precipitously around 7 00 this morning. Brent is also down. West texas intermediary, you can see the big drop that we had to 36. 85. We bounced up a little. Brent came down earlier and drop to below 40 a barrel. Both of these products, commodities, are down till those...
June 23, 2024
Hello. Im betty liu. This is bloomberg best. Begin with a day by day review of the weeks top stories. Monday when the imf welcome the currency. It is a recognition of the significant reforms which have been conducted, of the opening up of the chinese economy, of , morenancial marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspective, 318 billion. That is roughly 6 of the daily Trading Volume in total foreign...
June 23, 2024
Betty hello. Im betty liu. Welcome to bloomberg best. An indepth report of news around the world. Lets begin with a day by day review of the weeks top stories. Starting on monday, when the imf welcome the chinese currency. The inclusion of the rmb is recognition of the significant reforms, which have been conducted. Of the significant opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt...
June 23, 2024
Betty hello. Im betty liu. Welcome to bloomberg best. A weekly look at the most Important News around the world. Lets begin with a day by day review of the weeks top stories. Starting on monday, when the imf welcomed the chinese currency. The inclusion of the rmb is recognition of the significant reforms, which have been conducted. Of the significant opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Sho...
June 23, 2024
More volatility today. The s p did fall nearly 4 last week. Stocks are heading for the worst since december. I want you to look at the imf function area this is a look at the performance at the s p 10 sectors. We are seeing an acceleration of declines. Seven of we are seeing the 10 sectors in the negative surprising that energy is down 7 10 of 1 because of what is happening in the oil price. The biggest story of the day here. What are we seeing in the oil markets . Basically we did see oil fall ...
June 23, 2024
Hello. Im betty liu. This is bloomberg best. Lets begin with a day by day review of the weeks top stories. Starting on when the imf welcome monday, the chinese currency. Inclusion ofon and it in the basket of currencies is a recognition of the significant reforms which have been conducted, of the opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspecti...
June 23, 2024
Ramy inocencio has the latest. Actually, the housing data is tomorrow. Ramy we will have that tomorrow when it comes out. Lets get to the markets. U. S. Markets, as you can see across the board, are up by. 6 for all the markets. Turning around from fridays route. Twoday drop in the s p in a few months. That may show you what is happening in the s p today. No sectors are doing that at all right now. Telecommunications is the biggest sector up. 8 , financials, industrials also up about the same or...
June 23, 2024
It is six blocks here in london. The slight tangentially to that, we have had news overnight on australian jobs. The biggest monthly back to back jobs gain we have seen almost 28 years. You have to go back to 1988 to find a period as strong for the australian economy. That pushed the Australian Dollar a bit higher overnight. Some people questioning the data, of course. 71,400 jobs were created, economists forecast a drop of just 10,000. Manus this is the dollar rand trading, if youre on holiday ...