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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Markets slump as warnings from the fed on the need for more stimulus ignites fresh jitters. Powell and mnuchin take the stage again today. Partial measures. France cracks down on gatherings and bars but will not impose a full lockdown to stem a surge in virus cases. Do it like the germans. Richie soon act will set out a new crisis plan to protect jobs today. One proposal is for a wage top up scheme for workers who return parttime. Otherwise known here as we are under no an hour away from the sta...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Boris johnson concedes a veto to parliament over his plan to illegally override the brexit treaty. Slumped after accusations of fraud by a short seller. The selloff deepens even if the company rejects the report. Good morning. Welcome to the program. Lets get to breaking news across the bloomberg. Capex andto go to the eu car sales. European collar sales falling 17. 6 in august after a 3. 7 drop in july. This is the story that we are essentially tracking. Europes car sales setback stoke fears ov...
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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

The u. S. Could get a covid19 vaccine before the yearend. Astrazeneca resumes its trial after last weeks pause. Boris johnson growing rebellion as his controversial bill is defended in parliament. Brussels will keep an eye on the development in a call with president xi. A. M. 96 billion worth of deals from pharma to tech. What strikes me is the amount of cash being used to do the deals. Good morning. Certainly a number of deals across the sector. The one im interested in his tiktok. Larry elliso...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Japans chief cabinet secretary is set to win his partys leadership race, ushering in the countrys first change of Prime Minister in nearly eight years. His shot in the arm, pfizers ceo says it is likely the u. S. Will roll out a vaccine this out of aping stocks twoweek slump and oracle wins the bidding war for tiktoks u. S. Assets. The deal is said to be a partnership, not an outright sale. Just under an hour away from the start of cash equity trading throughout europe and in the u k from bloomb...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

The single currency crosses the key level for the first time in two years. Philip lane says it matters for monetary policy. Andy Swift Financial regulators and the swiss financial of creditart suisse over spying on former employees. Let us get some breaking news for you. Front, u. K. Housing august house prices rising by 3. 7 year on year. This is according to nationwide. 2 on the increase of month. The month on month figure is 2 . The year on year figure is 3. 7 . Very strong numbers follow oth...
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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

He will propose to tell the eu you will let brexit talks fail rather than compromise. The Withdrawal Agreement is a legal obligation. Congress returns amid a standoff on stimulus. President donald trump says its democrats that dont want the deal. ,e speak with a high speaker nancy pelosi, later today. 9 00 a. M. In downtown. Annmarie, good morning to you. You rummage around in a top read stories. We both converged on tech and beyond. Peter oppenheimer, who we both interviewed several times, beli...
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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

Citigroup names james frazer Ceo Jane Fraser ceo, making her the first woman to run a wall street bank. Good morning. A massive milestone on wall street. The first female to run a major wall street bank. Is this a High Water Mark . It is a crack in the glass ceiling. We have a lot to cover this morning. Covid cases are kicking up, brexit drama, and, of course, no stimulus bill yet. Nasdaq yesterday closing down 2 , a crack in the tech rebound. Futures are up. 01 this morning. Here are your stoxx...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Hold onto a recent rebound and global stocks head for a second week of losses. The European Union is giving Boris Johnson until the end of the month to back down on his controversial brexit bill. Cable holds at 1. 28. And citigroup names jane fraser ceo, making her the first woman to run a major wall street bank. She faces the challenge that alluded her predecessors, boosting the banks profitability in line with its rivals. Just under an hour away from the start of cash trading in europe. Lets t...
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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

Close proximity to a president ial election. We will hear from him throughout the day and the focus will turn to the jobs report. After u. S. Unemployment claims figures even this reading of the labor market we will be joined by larry kudlow from the white house for his reaction. Lets get to our main markets story. U. S. Stock futures continue their slide after the main gauge clocked its biggest plunge in three months, tech shares took in a selloffeating that knocked down the highest flyers. To ...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Happened. The bears breathe a sigh of relief. But is it all over as soon as it started . The cash trade is just an hour away so lets see if this has legs. Here are your top headlines. With thes a big blow nasdaq down almost 5 . The s p severs it steepest drop since june. And suffers its deepest drop since june. Bill ackman tells market jitters the National Bank to challenge santander. So, a lot going on today, as well as german factory orders. They are now out. Ofth over month, the gain 2. 8 not...
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