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July 16, 2024
Country out of its worst economic slump in decades. The deadline draws near for tiktok to divest it u. S. Assets, reports a shutdown of its priced app for sale. We have breaking news. Oftbank will be selling this as bloomberg learned softbank was trying to strike this deal that could be valuing it at 40 billion. Arm, weis deal to sell could have seen softbank reviving those stocks about taking the group privates. We are hearing that softbank divisionelling its arm to nvidia. This would be a 40 b...
June 30, 2024
Surveillance. What a week we had on the markets last week. This is the tension as we get onto monday. This is what im looking at in terms of stocks. They are gaining some 1. 6 . We are also seeing futures in the u. S. Pointing to a higher open. Things can reverse quite quickly and change quite quickly. Downan see the vix index some 10 and eurodollar, 1. 2276. If there is an infection beyond equities and the vix, it would be in credit markets. Also coming up, we talk markets and last weeks correc...
June 29, 2024
Are looking at Hurricane Harvey. How as a weekly did we plan for this coverage . We were going to wait to see what the storm was like because when we were planning over the weekend, the storm had not hit. By sunday it was clear that it was a huge disaster. Peter was back from vacation, he is an economist and he can take almost any story and look at the economic angle but also a human angle. He was perfect for this. There is another story. Chris has been doing work with fema and reporting on Nati...
June 29, 2024
Are looking at Hurricane Harvey. How as a weekly did we plan for this coverage . We were going to wait to see what the storm was like because when we were planning over the weekend, the storm had not hit. By sunday it was clear that it was a huge disaster. Peter was back from vacation, he is an economist and he can take almost any story and look at the economic angle but also a human angle. He was perfect for this. There is another story. Chris has been doing work with fema and reporting on Nati...
June 28, 2024
Foundations for a new eastwest trade route. Rishaad the weekend hackers may strike again on monday. At apples market capitalization in excess of 800 billion. If you add them up, you have a 8527,d capitalization, we are at roughly 3 trillion. Quite something. That is what we have at the moment. Some people saying these five have too much clout when it comes to soft power and real power with the amount of data they have at their disposal. The tech names pushing higher with the rest of the market t...
June 28, 2024
And, asiapacific trade ministers concerned about rising protectionism, but no mention of it in their postsummit statement in hanoi. The start of the brandnew asian trading week. It is all about oil. We are fast approaching that meeting in vienna. The markets have pretty much priced and that ninemonth extension. Latest over the weekend, we are hearing that saudi arabia saying all opec producers are up for this extension. Take a look at this chart in terms of where Price Expectations are going. Th...
June 28, 2024
Bloomberg. As our u. S. S close, and u. K. Markets. A holiday thinned session in asia. Things are decidedly mixed. Of ave not seen much reaction to saber rattling from north korea with that ninth missile test. It is a big week in terms of news flow and data, china pmi, and waiting to see if that feeds into the picture of the growth or thathad from china is as good as were going to get your the second half could look dicey. We had an announcement from the pboc on friday saying they are considerin...
June 28, 2024
Foreign investment really rising here. It is our top story today. Indeed, it is. Raising the stakes on the korean peninsula. The United States confirming that the north did indeed test an intercontinental ballistic missile. Agency,a central news the government they are saying kim jongun launched a missile capable of hitting the mainland by the end of the year. Peter is there in seoul. How is the city responding to the drama . A lot of noise, but not much reaction here. Many of the folks on the s...
June 28, 2024
Good morning, everyone. This is bloomberg surveillance. This hour, we are joined by the global head of strategy at martins family Morgan Stanley. We also talked to the current coo and soontobe ceo of the bank of morreale. In the meantime, we have a little bit of breaking news. Pmi out of the eurozone. This is exactly what we are getting. We are looking for a little bit of euro reaction. Pmi falling to 55. 4. And little bit better than expected. Not as strong as the month before, but they have be...
June 28, 2024
We have world coverage here on daybreak asia, we will be live in seoul for an update on the north korea missile test fallout. Betty and we go to detroit for is announcement that volvo going electric in 2019. This is daybreak asia, live york andmbergs new asia headquarters. I am in new york, it is after 7 00 p. M. Yvonne and it is just after 7 00 a. M. Here in hong kong. Lots to talk about. Much from president xi and chancellor merkel. But we are focusing on the fmoc minutes. A divided fmoc when ...