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June 27, 2024
Rally, we have more rallies here. Itree major averages is not just the u. S. It extends globally. We look at a longerterm chart. We see the are at levels from may 2015. Quite a rebound from the lows. Some has to do of what people are calling reflation expectations under trump. Especially after he said he will unveil a phenomenal tax plan within two or three weeks. ,hen we look at the bloomberg and white we have companies with a higher tax rate. In blue, we have the s p 500 index. This is since t...
June 27, 2024
Equities trading, just under 30 minutes into the end of the friday session. 600 gainingg, stoxx for the fourth day, best run since december the ninth on trumps promise business stock overhaul. All currencies falling against the dollar. It is the losing run after six weeks of decline set to come to an end. Looks like it is. That is the bloomberg dollar spot index. Yields rising in portugal, italy and ireland. The 10 year is lower commodity than sovereign. Loreal in the news. We spoke to the chair...
June 27, 2024
Daybreak europe. . Are you a believer . . Do you believe in the great Global Equity market rally . The all world index hits a new record, the first in 18 months. Driving theses markets. The s p has had the longest winning streak in 18 months. Run since donald trump was elected president. In terms of the voices from executives around the world, a record 51 are optimistic on the course. World, and msci Small Businesses are the most optimistic since 2004. Investors inspect 23 of infliction inflatio...
June 27, 2024
Anything in protectionism. Mark this is bloomberg surveillance. By mark barton in london. Seven days of gains, that was the run through yesterday for the stoxx 600. Best run since july 2015. Temporarily, maybe. The dollar down against the yen day, roughly 0. 4 lower. Traders seeking more clues for three rate increases by the fed before attempting to break past that 113 level. The u. S. 10year yield is down by a basis point today. That is an interesting level. Data today includes housing and init...
June 27, 2024
He is negotiating a lot of contracts to save money and a good phone call on a plan to get to the United States. Theamed nominee president said the media has been talking about stock markets rising, something we talk about here. Mark every single day. Have a look at what is happening to european equities. Gmm is the function. We are lower after the best run since july 2015. The appetite for risk is diminishing, today. Insurer among the companies in the news, shares dropping as much as 9. 8 . It i...
June 27, 2024
Job. Will the u. S. Be a reliable ally, despite trumps America First strategy . This is bloomberg surveillance. I am mark barton in london. Equities are on track for a third weekly game. On wednesday, the stoxx 600 reached its highest level since december. Down for a second day since then as investors question this reflation trade. The bloomberg dollar spot index is rising today. On a weekly basis, it is falling for the seventh week in eight. A sixweek run ended last week, the worst losing run s...
June 27, 2024
Boeing ceo and tour the boeing plant, a rollout for the companys new airline they are debuting. He is facing several questions about his Previous Campaign relationships with russia, off a Fiery Press Conference we saw yesterday at the white house. We are minutes away from his weekly address as the administration looks to turn the page and again to execute some of their policy agenda within the new congress. Vonnie we will be hearing from Mitch Mcconnell in the next little while, he will do a wra...
June 27, 2024
Happy president s day if you are joining us from the United States. Good afternoon. Anna edwards, good afternoon. There you go. Stoxx 600 up for a second consecutive day, the highest level since december. It will be a quieter day today because of the president s day holiday. No chart shows a better story, no two day chart shows a better. Tory 143 billion, that was the bid put on the table for unilver from kraft heinz. The shares surged 13 on friday. The biggest gain ever, a record. Or unilver to...
June 27, 2024
Have a look at where european equities are trading right now. Just under 30 minutes until the end of the monday session. Ninth daying for the in 10, the highest level in the stoxx 600 since december. All these currencies rising against the dollar. No trading in the u. S. Because of the president s day holiday. Mixed performance look at the innch twoyear yield france, commodities and credit isault swaps the spread the yield difference between the friends french tenure and german 10 year. Risk. A ...
June 27, 2024
This is bloomberg surveillance. We are getting pmi figures out of the eurozone, and this is what they are showing. This is for the month of february. Services pmi rising more than expected, 55. 6. He spoke to economists who forecast a figure of 53. 7. Everything above 50 means it is expansionary. Manufacturing also rising a little better than expected. That is at 55. 5. The forecast was 55. I want to see the full breakdown, but we did have a earlier figures in manufacturing pmi from germany that...