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July 16, 2024
The run well bring you the details with our Global Market watch and the copen 1000 outbreak has slammed a number of sectors especially the Music Industry which thrives on Live Performances we bring you expert insight on the topic with a packed show today so lets dive in. And we lead the program with the latest on the contentious relationship between u. S. President donald trump and twitter now the tweets in question today come as unrest in minneapolis minnesota escalated thursday evening as prot...
July 16, 2024
Trading session in the u. S. Overnight. Hang seng will be the focus, down 121 point. Another choppy session after quite a comeback yesterday. Jakarta is muted right now. News they will be easing lockdowns in the capital despite the rising cases. Sydney leading the losses, down 1. 2 . Three in a row that have been strong, perhaps the pboc sending a message they will not use currency as a weapon. Onshore strengthened the most. Dollaryen, you are seeing that haven trade come back. As you said, the ...
July 16, 2024
Part of that down to the uae and kuwait deciding to cut production. Haslinda chinas factory gate prices fell while consumer inflation eased, pointing to weak domestic demand. Bloomberg markets coanchor Tom Mackenzie joins us from beijing. Take us through the key takeaways. Thatthe top line is Producer Prices fell more than expected. 3. 1 compared to a drop of 1. 5 in march. That does suggest weaker Commodity Prices. Going forward, Bloomberg Intelligence expects that deflationary picture to conti...
July 16, 2024
Indices as you can see up 2 and a half percent on the dow, 6 higher on the nasdaq and 3 higher on s p 500 for the week. The dow, nasdaq and s p 500 up better than 30 from the lows hit in late march. Well, a judge could officially toss the case against Michael Flynn out today according to his lawyer. Meanwhile attorney planning me that flynn go all the way to the top, meaning then president obama. The very latest fallout this morning. Elon musk going on after another twitter rant. Hes suing over ...
July 16, 2024
Today. We are seeing crude fall 13 when it comes to w. T. E and the phillipines, that is one of the weaker side. But when it comes to the june ontracts, down 4 to 19 bucks. Look at what it comes to w. G. E . We are hovering around the 11 mark when it comes to new york crude, down 13. 6 . We mentioned about the United States oil fund, the largest oil fund in the world selling off e and ingsings in w. G. Unexpected move. Lets get more analysis with jp morgan asia yeah strategist. Is this starting ...
July 16, 2024
Moves higher on reports that saudi arabia and russia could cut global output by 10 Million Barrels a day. This comes as the u. S. Cuts its Production Forecast ahead of tomorrows opecplus meeting. Welcome to bloomberg daybreak europe. After the rally and equities yesterday that took them above the march low, the cac 40 and the ftse in europe also into bull market territory. You have to ask yourself whether this is the biggest bull market trapped in history or the shortest bear market on record. W...
July 16, 2024
Warns america to prepare for a painful time as new york surpasses chinas Hubei Province in reported cases, the deadliest day so far. Japan proposes its biggest ever stimulus package as the virus threatens a deep recession. The Business Survey this hour will gauge some of the damage. Haiti. Haidi haidi. Haidi lets take a look at how we are setting up in australia. Trickling online in the staggered open, seeing early signs of positivity when it comes to this market after ending the session lower y...
July 16, 2024
Markets i treasuries as well. The aussie 10 year yield down 16 basis points and money rush into the end. Oil in a bit of a freefall once again. Brent crude down more than 6. 5 . We areke below 20 and watching indonesia here in particular just coming online. The stock index drops re. 5 . Once again, we are seeing a lot of these em volatilities, back once again. We are watching the pboc after that interesting move to cut the seven day repo rate by 20 basis points so they are joining in on the stim...
July 16, 2024
The trend of bad mondays but contracts for major indexes shaking off losses to gain more than 1 . 2 on the euro stoxx 50. Global cases of the coronavirus than 3000,000, more died in spain and italy over the weekend as medical experts say deaths in the u. S. Could reach 200,000. The Oil Price Slump continues with wti briefly dropping below 20 a barrel in new york. Brent prices are at a 17 year low. Just under one hour away from the start of cash trading across europe, you saw briefly, futures her...
July 16, 2024
Peak fatality rates could come in the next two weeks. Haidi brent crude is at its lowest price in trading since late 2002. The australian markets have just opened. Lets get straight to Sophie Kamaruddin. Sophie shares opening lower in sydney. We are seeing and struggling australian in vectors australian economy goes into hibernation. It should strengthen gdp 10 this quarter. As for new zealand, 14 quarterly contraction in the Second Quarter before rebounding as officials wrap up. Buying Corporat...