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BLOOMBERG Bloomberg Markets European Open July 12, 2024

You from the bloomberg terminal. American contagion. The u. S. Records its biggest ever jump in new virus cases. Governors reverse plans to reopen their states. Powell puts his foot down. The fed dividends bid buybacks. Buybacks amid uncertainty around the pandemic. Wall street giant slide in late trading. An elaborate fraud. Auditors accuse them of a sophisticated scheme to hide billions of euros. Visa and mastercard consider cutting ties. Just under one hour away from the start of cash equity ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Francine second wave fears. Beijing cancels flights and orders schools to close as coronavirus cases in the Chinese Capital rise. Florida and brazil report record new infections. Jay powell says the fed will use all tools to support the economy and defends its foray into Corporate Bonds. Robert kaplan tells Bloomberg Health care policies are key to the recovery. And geopolitical risks add to headwinds for investors. Seoul says north korea must bear all consequences of its actions. Indias defense...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Lets get your headlines for you. Beijing cansles flights and orders schools to close as chinese cases of the coronavirus rise. Infections. New jay powell said the fed will use all tools to defend the economy. Robert caplain said healthcare policies are key to recovery. Indias defense stocks gain after the first deadly clash with china. The first clash resulting in death between the two countries in 45 years. Now we have e. U. Car sales coming out and the drop is substantial as you may expect. 57...
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CNBC Street Signs July 12, 2024

Economy. We do think this is going to take some time yields on both sides of the atlantic fall. U. S. Futures suggest the dow will open 500 points lower travel and aviation crowd the stoxx 600 as lufthansa warns of deeper job cuts and unsettled return to work take away shares turn hire as snatching up grubhub. Beating uber to the top seat at the table. A very warm welcome to street signs. It has been a pretty remarkable morning already in the first hour of trade. Weve got a substantial selloff. ...
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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

Coronavirus cases continue to surge. Latin america sees infections climb. Beijing cancels hundreds of flights amid a new outbreak. Welcome to daybreak europe. We are not seeing any clear catalyst for the markets as we get going today. Overnight, we have seen a mixed picture in asia. Unchangedndex is overall. There are still the second wave concerns in the market. Yesterday, we saw some light volumes in the u. S. And ended unchanged. Not getting a lot of direction in futures. Euro stocks futures ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

On a couple of data out of the euro zone. Markets also moving on the number of infections rising. Overall, the markets and european stocks edging up as the new quarter starts. Bonds are dipping. I am looking at European Equity futures. The one thing i wanted to show you was a golden earring nearing per ounce. Showed confidence amongst large manufacturers in japan. We will have plenty more on some of this data out in the euro zone. Lets get straight to the bloomberg first word news. The u. S. Is ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Fed set 2022 and what the chairman will say and what i assume will be a Virtual Press conference today. Ofncine we will have plenty market action. We will look at the markets every 15 minutes, including what is happening in treasuries. We had the oecd coming out with their economic outlook. That was released about an hour ago, and the oecd, it is a smarter way of doing it, tom. Forecasting the pandemic would cause a Global Economic slump of 6 here, but if there is a second wave, that becomes a s...
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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Continent, really. Only the u. K. Was closed for their bank holiday. We had a massive rally yesterday, so the dax was up 300 17 points yesterday, up another 143 points today. Stocks overr german the past couple of trading sessions. The cable rate also shooting higher. Pounddollar right now at 1. 2358. Even with those gains in the currency, i will just tell you you still see the ftse up more than 1 . Typically they move in different directions. That shows you the power of this rally. Finally, a s...
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BLOOMBERG Bloomberg Markets European Close July 12, 2024

Meantime, lets talk about the headlines. Brexit, Prime Minister Boris Johnson and the had a callmmission earlier on in the group agreed to hold two months of talks to talk about a postbrexit trade deal. Boris johnson said there is no reason why they shouldnt get a brexit deal done in july. However, u. K. Has ruled out an extension. We have a political economist joining us, what is your sense of what is going on here . Degree, is there any surprise in the idea that an extension is not forthcoming...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

Maybe we will hear from secretary pompeo. E had the New York Times story about Chinese Students in america, but i agree with you, it is incredibly fluid. We spoke with lord patton about an hour ago, and he was deeply emotional about this moment. What am imagining is he was the last governor of hong kong before it was headed over in 1997, and i am trying to understand what he thinks foreign governments should do at this point. We will be talking about the special trading status over the next few ...
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