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July 3, 2024
Both domestically in getting chinas economy on track as well as internationally as the country tries to navigate a tense geopolitical environment. We are also going to see and he is back with us here on a show business report. Thank you for coming back again for us as we continue to track the story as the World Leaders gather there. We are still waiting for xi jinping to speak but in your expectation and estimation what are you seeing will be a thrust of the speech there. This are you seeing wil...
July 3, 2024
Chinas economy on track as well as internationally as a country tries to navigate a rather tense geopolitical environment. Ive been speaking to and economy of cornell university. He told me how the belt and Road Initiative had achieved mixed results for china. ,. , china. The belt and Road Initiative china. The belt and Road Initiative was china. The belt and Road Initiative was chinas china. The belt and Road Initiative was chinas attempt to use its economic muscle in order to gain both geopoli...
July 3, 2024
American canyon. Getting a look outside your Berkeley Hills camera right now, we are seeing conditions out there that are very patchy. Fog will see that Berkeley Hills camera here in just a second. But it is pushed right in there to the surface. And its a very thin veil of fog where youre seeing it now that will be seen here in just one minute on the screen and maybe not. So there we definitely very, very foggy right there into the bay. Currently. Now that fog is especially dense as you make you...
July 3, 2024
Areas to tax. San francisco was one of our sunny spots to sleep. Its very foggy out there across not just the city, but look at this. About half of uc berkeley is under nothing but sunshine. The other half is just packed right in with that blanket of cloud cover. We have a High Pressure ridge over place right now and its resulting in sinking air and what thats doing is pushing that fog really condensed into the bay. So its a very dense layer of it. And its taking a while to burn off where youre ...
July 3, 2024
Home that higher for longer narrative. We are seeing pretty decent sentiment here, big tech rally in the u. S. Leading some of those stock sire in the region here in asia as well. It is a little bit of holiday session, hong kong as well of as well as curia close. The markets are online, we see decent gains. One of the big stories across the bloomberg, spotlight on china property is starting to see play through when it comes to these key assets like dollar china as well as the aussie dollar watch...
July 3, 2024
To daybreak australia. Shery the top stories this hour. Israel and hamas trade blame after hundreds are killed in an explosion at a gaza city hospital. President bidens summit with arab leaders is canceled. Haidi u. S. Treasuries and stocks fall. Nvidia slumps as the u. S. Restricts sales of chips made for china. Shery more big bank earnings. Goldman sachs post on earnings drop. We had a mixed picture when it came to the Bank Stock Trading session and of course a lot of volatility in todays sess...
July 3, 2024
Shery you are watching daybreak asia live from new york, wellington and hong kong. Annabelle australia has just come online. Haidi asian stocks are set to follow wall streets gains in an effort to contain the israel hamas conflict. Israels defense minister warns of a long war as Antony Blinken returns for further talks. World leaders arrive in beijing for the belt and road forum. Facing an uncertain future as the economy slumps. Annabelle we had the open of a sx starting the day. The focus is on...
July 3, 2024
Faisal islam the latest geopolitical tensions and how it could drive up prices for all, especially poor countries. Weve got ourforecast down from 1. 7 in april, down to 0. 8 . We have already said risks were the downside when we made this forecast was down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that...
July 3, 2024
Geopolitical tensions and how it could drive up prices for all, especially poorer countries. Weve cut our forecast down from 1. 7 in april, cut it down to 0. 8 . We have already said risks were the downside when we made this earlierforecast, so down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have c...
July 3, 2024
Weve got our forecast down from 1. 7 in april, down to zero point a present. We have already said risks were the downside when we made this forecast was up is down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have continued. We see weak demand across the board for them in most sectors in most geograp...