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July 16, 2024
From the bloomberg terminal. Tipping point Boris Johnson is set to tighten u. K. Restrictions after a spike in virus cases. Italys government also considers stricter lockdown rules. Britains other headache the Prime Minister tells angela remains significant gaps in brexit trade talks. A crucial eu summit takes place. Hursday, and stimulus President Trump and House Speaker nancy pelosi blame each other for a lack of progress on a second package. Larry kudlow says he expects more negotiations this...
July 16, 2024
Thankorgie about you for joining us. Worryingld we start about the amount of debt we are generating and the impact it will have on the economy longerterm . First, thank you for having me. The worries about debt levels going up are not for now. For now, the biggest worry is we do not do enough to support the economy until we have a durable exit from the health crisis. With Interest Rates being record and government can borrow inject hopefully not only a recovery, but a more potent, higher product...
July 16, 2024
The culmination of a fouryear saga. We are live in riyadh. Manus a warm welcome by where we are expecting nejra to cross to react riyadh. It could be the narrative the changes the global perspective. Billion. Ised 25. 6 what they make trillion dollars today . Way, the day alibaba ipo, they racked up 38 . We are all lined up to support the kuwaiti and i would be Sovereign Wealth Fund and there is an army of institutions in saudi arabia. They are mitigate the risk and wanted to go well. It to doti...
July 16, 2024
Its stronger half of the trading. The korean won jumping most in five weeks and all of this ahead of the tariff deadline as well. A little bit of a risk on sentiment coming through in asian equities and assets today. Absolutely. And youre seeing it with futures trading in singapore. Having a look at what is going on there we are seeing an uplift. We could add to the near half percent gain we saw in the nifty session. Nfte. The dollar is falling against its Indian Counterpart the rupee , half a p...
July 16, 2024
A big majority for Boris Johnsons conservative party in the general election. The s p hits another record high as the Federal Reserve upgrades outlook for growth. U. S. Stock and bond markets are closed today for thanksgiving. We are less than half an hour to the European Equity market opens lets take a look at how futures are set up. We are seeing risk sentiment hey little bit. Weday, we stop the sox saw the stoxx 600 close one point off a record high. We are dropping from a bit of a high point...
July 16, 2024
Boris johnson seeks a december election and it is thrown into doubt as Jeremy Corbyn requests no deal brexit thrown out first. The eu decision on an extension is set to be delayed. A warning from barclays. The Bank Confirms its 2019 profit target, but jes staley tells bloomberg the outlook will be a challenge from here. Currenten the interestrate view across europe and the u. K. , now the u. S. As well and if we have economic profits, we need to put some caution against the 10 target for 2020. A...
July 16, 2024
This is bloomberg surveillance. These are your markets. Quite a lot going on in terms of brexit. Hopefully there is a lot going on when it comes to trade. That is what the markets are putting their hopes on. Lets get that board up for you so we look at what european equities are doing and a little bit of weakness. Stocks in general higher. U. S. Futures higher. Bonds. S in we are expecting a lot of news out of companies such as amazon. Com. 1. 2 957, all eyes on westminster and a possible vote i...
July 16, 2024
Now out of germany. I have my screen here on the bloomberg terminal. We can see the number coming in a little bit better than expected. The business number at 94. 6, the survey was for 94. 5, and that is better than the 94. 3 that was the prior meeting. The expectations worse than expected, this is where we thought we might see the disappointment. Indeed we got it. We were looking for 92 and we got 91. 3. Course lower. This is better than the estimate of 96. 9. But bottom line is the is atations...
July 16, 2024
Tenyear, and we are looking at a situation where the euro is going down. Basically, olli rehn has said we are going to get the bazooka out in september. It needs to be impactful. We are going to deliver in september, and when we do deliver, it is probably better we go too far rather than not far enough. That is the effect on the euro. Vonnie in the u. S. , we are seeing the s p 500 trade higher by about 2 10 of 1 . Broadly higher for most of the major indices. The 10 year yield is at 1. 55 , so ...
July 16, 2024
The pound drops further. Financial markets think a no deal brexit is increasingly likely, sending the pound close to its lowest in 30 years. Good morning. Yesterday some torrential thundery downpours lead torrential thundery downpours lead to some flash flooding in parts of yorkshire. Today we could see some more of that as we continue with some heavy, thundery downpours. The drier across some southern and south western areas. I will have more in 15 minutes. The latest uk climate data has reveal...