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BLOOMBERG Bloomberg Markets Asia July 11, 2024

Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty p...
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BLOOMBERG Bloomberg Markets Asia July 11, 2024

We are watching the hang seng index. Australias market is only higher by 0. 3 . But we had this news that china will allow australias cargo to come ashore. Lets have a look at stocks. Clearing exchanges in focus. The u. S. Approved legislation that could lead to chinese firms getting kicked off american exchanges. Also getting a call from sidney. Tak is down 1. 4 . ,his big surging iron or holding at a record. In recent weeks, weve seen pickup of state owned enterprise default in china that have...
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BLOOMBERG Bloomberg Markets Asia July 11, 2024

Is theail sales number only surprise i suppose. Juliette that is quite interesting given this had been this consumer driven recovery and the positive numbers we have seen and domestic travel. Gold is a miss. Still seeing the incredible strength coming through in offshore youuan. Onhave been seeing a risk momentum coming through in equities across the region. Signing havinghe a positive boost to markets. We are seeing momentum on the asiapacific index. It is going to close at a record high. When ...
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BLOOMBERG Bloomberg Daybreak Asia July 11, 2024

Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasin...
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BLOOMBERG Bloomberg Markets Asia July 11, 2024

We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word...
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BLOOMBERG Bloomberg Daybreak Asia July 11, 2024

Talks have been delayed until thursday. Diplomatic and trade tensions between australia and china formed the backdrop as the rba prepares its latest statements. Economists see no change. Shery we will start with breaking news out of south korea. We are getting the final Third Quarter gdp numbers. When it comes to the year on year numbers, a contraction of 1. 1 . This is coming in a little better than expected. The quarter on quarter numbers also rising more than expected, 2. 1 , and beating esti...
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BLOOMBERG Bloomberg Daybreak Asia July 11, 2024

Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on t...
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BLOOMBERG The David Rubenstein Show Peer To Peer Conversations July 11, 2024

If there is one form of music america is famous for having invented, it is jazz. In the early part of the 20th century in a new orleans, jazz has become synonymous with american music. Not just the u. S. , but around the world. America has produced incredible jazz legends, like duke ellington, count basie, Dizzy Gillespie, Louis Armstrong. At the top of the chart is wynton marsalis, founder and director of jazz Lincoln Center. Hes a performer, educator, composer, and lives jazz 24 hours a day. D...
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BLOOMBERG Bloomberg Markets Asia July 11, 2024

Deaths, and germany reports is highest fatalities since april. Brazil is resuming trials of chinas vaccine amid claims the original was political. Joe biden held his first calls with political leaders in tokyo and ellis and dolores seol. And calls for stronger twoway ties. He also wants to meet biden as soon as possible. Korean president moon called for a stronger aligns with the u. S. And said they agreed to Work Together on the virus and climate change. Financial markets in the philippines wil...
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BLOOMBERG Bloomberg Markets Balance Of Power July 11, 2024

Save the lives of one of your childrens teachers, maybe it saves your life. Please, i implore you, wear a mask. Do it for yourself. Do it for your neighbor. A mask is not a political statement. It is a good way to start pulling the country together. I want to be very clear. The goal of mask wearing is not to make your life less comfortable. It is to take or take something away from you. It is to give Something Back to all of us. A normal life. The goal is to get back to normal as fast as possibl...
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