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July 16, 2024
Run continues. 111 s p new highs today as we watchaction in technology. Despite some downgrades and plenty of commentary from henl fu hedge fund managers. Alphabet becoming the fourth firm to reach a trillion dollars. The five Top Tech Companies account for 70 of the s p and worth 5 trillion combined happy friday, gent, go tshggente you. Good to see you barry, you had moves in markets, bull markets of the 90s compared to bull markets of the 20s you said we have not hit the blow off top but were ...
July 16, 2024
Trade deal, but is focused on unrest first. Blocking a no deal brexit. Jeremy corbyn asks the rival party to support him as Prime Minister in a coalition to block Boris Johnson from pursuing a no deal brexit. Welcome to daybreak europe. Hit a record low yesterday and continues slide today. Below 2 for the First Time Ever. We continue the inversion, but will it stick . Does it mean you want to stop taking risks off the table straightaway, or have you got 18 months to consider . That is the questi...
July 16, 2024
For the first time, and j. P. Morgan strategists move up their prediction for subzero 10 year yields to 2021 year clueless, donald trump attacks jay powell saying the fed is holding the u. S. Back from big rewards and games, we will win, he says. Maersk ceo sounds a negative note on the Global Economy even as the Company Beats estimates on operating profits for the Second Quarter. Good morning and welcome to Bloomberg Markets european open. We are looking right now at a safe haven bid that conti...
July 16, 2024
Heading towards louisiana. Not pictures we want to see. David and it can really affect oil prices. A lot of facilities are closing, offshore platforms, and it oath course will reflect refineries. Alix we see people taking taking boatspeople down streets. Meanwhile, we have near record highs on u. S. Equities, trying to push higher to get back to those highs for the nasdaq. Euro gaining just a touch versus the dollar. 30 year yields unchanged after yesterdays really violent session, a real increa...
June 30, 2024
Gains. Markets and euros doing nothing, even with some german confidence numbers. In the bond market, treasury yields up by three basis points. A steeper yield curve in todays session, as wall street gets back to work. Lets get you some headlines outside the Business World. Hears taylor riggs. And russia have agreed on a former to extend Oil Production cuts, according to people involved. The agreement is set to extend cuts to the end of next year. Balkinglin has been anthonys foreign extension. ...
June 27, 2024
Struggle. Is putting short sell in the mix. It is 7 00 a. M. , bright and early. It is 12 00 noon in hong kong. We look at markets this monday. We have seen better start to the week. Have a look at my bloomberg. Obviously japan is getting hit the most. We just talked about the yen pushing toward 110. Youre getting a lot of equity indices getting offered up. 1. 4 . The losses seem to be Getting Better if you could describe them that way. Have a look at the currency that is the market story today....
June 25, 2024
Sailing into stormy waters. More territorial tension between hanoi and beijing as china launches naval drills. Sovereignty their is being violated. You can follow me on twitter. Dont forget to include the hashtag trending business. China and hong kong markets get underway in 30 minutes time. Singapore, taiwan, and my later have come online. Lets go to david. David we are looking at declines in the early hours of asian trade. It is hard to not figure out what the next catalyst will be that drives...
June 25, 2024
Economy stuck on hold, inflation sliding, unemployment unchanged, but a slight uptick when it comes to business sentiment. Willsia airlines new ceo step up in the middle of a restructuring after the twin disasters of 2014. Do let us know what you think of our top stories. Follow me on twitter at that hashtagse trendingbusiness. Lets get straight over to steve for the latest. We are having a continuation shaped recovery in china. 50. 0 is the line between ,xpansion and contraction optimism and pe...
June 24, 2024
Fireworks expected, but having said that, tokyo up by 2 . It is sitting around 113. Pretty good gains from exports, as well as the banks. Shanghai up i went and six cents and six tenths. Just taking you through some of the movers we are seeing this session. We are looking at banks when it comes to the china session. We are seeing a little bit of weakness, pressure coming. Reports to the pboc, chinese regulators are encouraging inks to pick up banks to pick up debt. We are seeing gains coming thr...
June 24, 2024
Angie lau. Index futures pointing to modest yen, but it is the weaker the dollar heading for the longest rally since january ahead of the u. S. Jobs report later this week. Thes head over to korea, kospi pretty much flat with the korean yuan seeing weakness today. Closed,kets are australia, new zealand, and hong kong. Lets head back to japan. Looks set for a fresh round of economic stimulus. Local reports say the plan to supplement the bojs efforts are a done deal with some minor details needing...