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July 16, 2024
Products a bid to list budweiser brand in hong kong and Saudi Arabias Energy minister says every country should comply with oil output. Well sit down with the russian Energy Minister later on this morning. A lot going on today also in oil space. I want to take you to highlights from the iea report. The agency has kept 2019 and 2020 Oil Demand Growth forecast unchanged. The latest report describes the newly appointed minister as an experienced figure saying the country has acted as a lynch pen ev...
July 16, 2024
Would cut more than this. Alix but it looks like they actually cut more than expectations because it was 19. 75 , go into 16. 50 . It appears they did actually cut, so50 basis point it seems like it was a little deeper than even the most dovish expectations. 19. 75 , and was they cut it to 16. 5 percent. So it did exceed expectations. Alix but yet, you have the lira moving higher. I think that is never a good sign, when you have the currency moving higher when you have a 325 basis point cut. Int...
July 16, 2024
Bond purchases in Something Like 88 months. The ecb can buy up to 1 3 of the countrys debt. In the u. S. , still about 3000 on the s p. Yields being moved higher by yields in europe. Crude down 2. 6 . The renminbi is being whipsawed a little bit as well. We were down to 7. 05 and change a bit ago, and now back up to 7. 07. Ecb president mario draghi spoke after the rate and policy decision today. Here are some of his thoughts from the news conference. Mr. Draghi the risks surrounding the euro ar...
July 16, 2024
What we are seeing now. Nejra wework has issues to work through on its way to an ipo. Investors did not like it. Nejra saudi arabia puts the prince in charge of the kingdoms oil ministry. He has a strong personality when it comes to the market. Nejra Morgan Stanley ceo speaks frankly about the fed. Ive supported the latest federated cut and i suspect they will do one or two more. But then it is time for a pause. Nejra Asset Managers apply unconventional wisdom to a changing financial environment...
July 16, 2024
Property law they passed in july. A very basic deal. Does not move the ball forward, but relieves some of the tension and maybe takes the threat of retaliation down a notch. This administration has been riven by divisions over trade policy between the hawks and the pragmatist. This may be one side the pragmatist try to get their case before donald trump. The story says he has not made a decision yet. David we have five people who should have knowledge of the subject. At the same time, there was ...
July 16, 2024
Investors did not like it. The printsabia puts in charge of the kingdoms oil ministry. He has a strong personality when it comes to the market for. The market. [inaudible] i suspect they will do one or two more, but then it is time for a pause. On conventional wisdom to a changing financial environment. Assetporate bonds are an class that provide more risk than return to red bonds are not a safe place to be dreaded traded e to be place to be traded place to be. It is all ahead on bloomberg best....
July 16, 2024
Out this new silk road. Whats the environment like in hong kong with the overhang of andchina trade war, the political unrest that led to a lot of demonstration in the last couple of weeks . Can carrie lam shift the focus and gain more confidence among the investing committee as well as government officials. Here more than 5000 expected in the next day or so. We have a lot of guest. Lona ng and simon loong are joining us this hour. They try to build smart cities around southeast asia. Talking ab...
July 16, 2024
Giant announces an updated product line. Welcome to bloomberg daybreak europe. Good to be back ahead of the most important ecb meeting of the year. Trade ineing a risk on asia, green on the screen for the msci asianpacific index. We have a tweet from the global times talking about china putting measures to mitigate the trade war giving lift to risk assets. We see Sweet Nothings on the s p on a headline level. What has been going on beneath the surface for sector and factor rotation moving from m...
July 16, 2024
On the way to an ipo. Investors did not like it. Saudi arabia puts the prince in charge of the kingdoms oil ministry. He has a strong personality when it comes to the market. James gorman speaks frankly about the fed. I suspect they will do one or two more, but then it is time for a pause. Eminent Asset Managers apply unconventional wisdom to a changing financial environment. Ingressive and grade Investment Grade Corporate Bonds are an asset class that provide more risk than return. Bonds are no...
July 16, 2024
It is seen as a trade war olive branch. American farmers remain under pressure. Bid from thees a hong Kong Exchange. Lawmakers are concerned about potential National Security questions. Shery lets get you started with a quick check on how markets closed. We saw the s p 500 gain ground and close above that 3000 level for the first time in six weeks. We had Health Care Stocks and tech leading the gains. Interesting, the nasdaq finishing at the highest level since july, rising for the first time in...