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July 16, 2024
Half of next year. Time for todays global exchange. From dubai to frankfurt, to brussels to london, to Rio De Janeiro and princeton, new jersey, our bloomberg voices are on the ground with this mornings top stories. In turkey, the lira is gaining against the dollar following a 200 basis point cut. Joining me with more from dubai is paul wallace, bloomberg emerging markets reporter. Is this going to be enough president erdogan . Paul that is a key question. The lira has barely budged despite that...
July 16, 2024
Of ubs investment banking. Kaiser of ubs investment bank. Anything stood out to you so far . This is pretty much as expected. The key is to emphasize there is uncertainty, even though we have the emphatic conservative victory in the election, and we know that brexit is going to happen. Theres still uncertainty about what kind of brexit, and short for the bank of england, we dont know what the fiscal policies of this government will be. There is a little bit of stimulus built into their servitors...
July 16, 2024
Time now for the global exchange, where we bring you todays market moving news from around the world. From hong kong to jerusalem, washington to new york, our bloomberg voices are on the ground with todays top stories. In israel, Prime Minister Benjamin Netanyahu is facing a rare challenge to his lead. I am not sure i would see this day come. Reporter that is very true. Significant. Be it would change israels Political Landscape for the past kud itss and give the li first win in 20. They would h...
July 16, 2024
Of you may know the Coleman Center with those preeminent scholars where they receive an office while they make their own work. So then gerald wrote the Coleman Center gave me the freedom to read that was nothing immediately clear to me to do with what i thought i was doing. One day i would read history of 19th century paris that i try to decipher the gothic script i kept reading wild things. In a new exhibition you will find add why pl the products of 34 writers and you will see the new and last...
July 16, 2024
Isas the local suggests, it five minutes to midnight in the Global Climate emergency. Carbon pollution must stop rising in 2020 and start following to keep the Paris Agreement goals within realistic reach. Very long way behind, but there is still reason to believe we can win the race. He reiterated that the paris climate agreement provided a framework to get the job done and that the agreement needed to be put to work fully. The egyptian president is calling for strong action against countries t...
July 16, 2024
The broader context is that Global Equities are headed for a third month of gains, so a fair amount of optimism priced in in terms of the prospects of a deal. Stock and bond markets were closed for thanksgiving and we trade for a half day today futures are lower in the 10 year yield is is no indication of sentiment. Oil on the back foot today but we are heading to a fourth week of gains ahead of opec plus a survey saying we are not likely to get a deepening of those cuts. Lets get first word new...
July 16, 2024
President trump is expected to sign the bill into law. Jay powell saw elevated threats including Global Growth and trade. Sophie macro uncertainty over trade in hong kong certainly looming large, given what we stocks. N so far in ozzie shares opening to the. 1 after being tracked lower wednesday. Aussie bonds are climbing for a Third Session tracking the rally we saw in treasuries overnight, to flatten. Ontinued the move to the downside while treasury futures a fourthing a bid for straight sessi...
July 16, 2024
Awaiting in a valley a valuation for aramco. Branch toall of business. The u. K. Prime minister is set to office tax cuts when he speaks at the cbi annual conference and we are live at the event. A ban onng court rules facemasks is unconstitutional. The hang seng trades higher. Good morning, everyone. I am live from the cbi annual conference. And interestingly enough, this is the first time great to have you back, this is a percent they have been holding their annual conference in the midst of a...
July 16, 2024
Smartphone and office rewards for every visit to the gym. This is the dog your business im going to Office Welcome from today the European Central bank has a new boss Christine Legarde no stranger to International Finance the former head of the International Monetary fund now at the helm of one of the worlds most important Central Banks finds herself in a difficult situation many expect she will continue mario drugs cause of high liquidity and super low Interest Rates but that wont make everyone...
July 16, 2024
Past couple of months. Joe very impressive. Good into this weekend. Lets dive deeper with our market reporter. Get us started. I am looking at this giant rally in biotech stocks. Etf jumping,otech the secondbiggest gain among etfs bigger than five dollars in assets. It was led by a Chinese Company after thed 37 company was said to take 37 . Also rallying about 2 . Aminogen jumping 28 after aminogen jumping 28 after boosting its revenue forecast for the full year. Biotech is one of those sectors ...