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June 23, 2024
After this hour dan is going to be breaking down how we behave, what we did. You end up not feeling very good. Dan now im selfconscious. Vonnie good morning. France preparing to extend the state of emergency that was declared after last fridays terror attacks. The French Parliament begins voting on the measure today that allows the government to ban public demonstrations and carry out searches without warrants. Statevideo, islamic threatens to attack times square. Police say there is no specific...
June 23, 2024
Eurozone inflation data set to come out in just over an hour ahead of the ecb decision tomorrow. We expect mario draghi to announce fresh stimulus to get closer to that mark of 2 inflation. Francine lets get straight to hans nichols in berlin. What are we expecting . Thed this surprise change way the ecb is thinking . Hans potentially. The expectations are for 0. 2 inflation increase. It would have to surprise considerably on the upside for mario draghi to scale back all the signaling hes done t...
June 23, 2024
Markets. Here in the u. S. , unchanged this morning. Now we are steadily moving lower and lower. If you want to take a look in my terminal, the bloomberg chart here, i have the dow intraday. You can see we took another leg lower and we are coming down lower now at noon as well. It looks like all the pressure is on u. S. Stocks as the european stocks slow at the close. Scarlet within the dow industrials, what is driving the measures lower . Matt we are on retail sales because of black friday and ...
June 23, 2024
We saw this selloff after the yellen remarks. It really began after she was done speaking. At the same time, she did not say anything particularly different than what she has been saying. She emphasized her confidence in the strength of the u. S. Economy. A rateugh to stand increase. There is a data dependent clause, but nonetheless staying steady. We are seeing stocks fall to the lowest in the session. Look at the s p 500 for more of a snapshot of what we have seen. It is pretty steady througho...
June 23, 2024
At all in these two companies. When you do the math and look at everything, we dont have a concern. Andrew think about it as adjacencies. Area, we dontag anticipate issues, but we will go through the Regulatory Filings as normal. David whether the United States or europe, will they be looking at it as one company or will those be done simultaneously . Hard to answer, but they will take into account that it will be broken up into three businesses. Stephanie agriculture is a key part of this deal....
June 23, 2024
The green. We had Economic Data that beat estimates. In some cases, we saw consumer inflation rising of the biggest backtoback pace since the spring, giving more material to those who think the fed will raise rates in december, and perhaps that the economy is on better footing for a to do so. If you look at an intraday chart of the s p 500, we see quite a lot of volatility. Stocks are climbing to the highs of the session around 11 30 a. M. , and then taken a couple of legs down and up throughout...
June 23, 2024
Harvard Business School is here. Nejra cehic joins us now. Republicans and democrats are condemning Donald Trumps call for a ban on muslims entering the u. S. Trump wrote a Statement Last night at a rally in south carolina. Donald j trump is calling for a total and complete shutdown of muslims entering the United States until our countries representatives can figure out what the hell is going on. Jeb bush called trump unhinged. Chris christie said this is the say whenhing people they have no ide...
June 23, 2024
I am Francine Lacqua. We have tom keene. We have mario draghi tomorrow. Lets get more on euroarea inflation. Lets go to our international correspondent, hans nichols. Pointthe survey was 40 two, this is below, 0. 1. It shows no inflation and will increase pressure on draghi to do Something Big and bold with quantitative easing. One of the guys at talking about his expectations and sees it expanded to another half a billion euros for a longer duration. Will they do about the deposit rate . This w...
June 23, 2024
Those are your bloomberg first word stories. Johnson in for emily chang. Coming up, tesla recalls all of its model s cars. Jawbone lays off another 18 of the workforce. Samsung hopes virtualreality will bring realworld profits. The Company Begins shipments of its first massmarket Virtual Reality product. Motors recalls the entire fleet of model s sedans. They want to check for defects in the seatbelts. It is the largest recall, involving 90,000 cars worldwide. Only 89,000red vehicles previous we...
June 23, 2024
Bloomberg best. Hello, i am scarlet fu. Welcome to bloomberg best. A weekly look at the most important Business News from around the world. Heres a look back at the top headlines. Just announced, highyield credit fund lucent is shutting down. He is going to return the 900 million they got under management. Just last week we heard about the distressed fund, stone lion, we heard about 3rd avenue, the mutual fund putting the gates up. What is going on in the highyield market . I will start. This is...