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Transcripts For BLOOMBERG Bloomberg Surveillance 20240713

Drillers to leave oil in the ground. Good morning, this is bloomberg surveillance. I am Francine Lacqua. Lets check in on the markets. We have a lot of news, but we are used to it. Terms of european stocks, u. S. Futures, and everything in between, the big story is oil. We had the iaea report yesterday, production cuts on sunday did not seem to be enough. Stocks rising, u. S. Futures rising. Investors are trying to gauge the damage caused by coronavirus, and awaiting the next corporate earnings. The dollar also extending gains. Lets get the first word news from new york city. Milestone, with a global infections topping 2 million. In the u. K. They will extend the nationwide lockdown as Officials Say there are signs britain may be passed the worst of the pandemic. In theh korea, and election, the Democratic Party in the 300places seat national assembly, that is the largest elementary victory in more than 30 years. The result as a show of support handling of the coronavirus outbreak. Fiv

Citigroup recommendation gives Zalando fresh impetus

Shares in Zalando rose by 3.6 percent to 25.09 euros on Monday morning following a buy recommendation. After the setback on Friday - in a very weak overall market - the shares attempted to build on.

Once-unstoppable consumers are finally tapping the brakes—and Adidas, Nike, and Puma are taking a beating from sinking sales

“It’s not like people are lining up everywhere to buy product,” one CEO said.

THG shares lifted after positive write-up from Citi

Shares in The Hut Group-owner THG PLC (LSE:THG) jumped over 4% to 85.72p after getting a new buy rating from the analyst taking over coverage of the.

Farfetch stock sees slight rebound as Citi raises rating, BTIG cuts

Farfetch stock sees slight rebound as Citi raises rating, BTIG cuts
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