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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Prices decline. The asx down nearly 1 . We dont have trading in india either because it is mahatma publics birthday, a holiday. Futures are trading on the nifty in singapore down zero point 3 . The 10 year yield slipping back as anticipated. A slight move to the downside with regard to the futures contracts. You see the currencies and weakness creeping in into the dollar overnight. We have seen a reversal of that this morning. You have the yen a tad weaker. Sterling had rebounded to 1. 29. Seeni...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

The outage cast further doubt on tokyos hopes of replacing hong kong as the equities leader in asia. Japans lost generation. We open a business week report on the people shut out of the employment market in their continuing to search for directions in middleage. Haidi lets take a look at how things are setting up in this fridays session. Of course, a whipsaw week when it comes to u. S. Markets. A lot of travel when it comes to asia. Tokyo to resume trading today. Sophie that is the case. That wo...
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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

To be in talks with the u. S. Government to avoid a sale. Lets get started with the quick check of the markets. U. S. Futures coming offline. Down given the rally we saw in the regular session. There was really solid buying throughout the session. A big reversal from the selloff we saw yesterday. The s p 500 saw the best day since june. 500 sectors11 s p up led by tech. Higher. T was also the nasdaq gained. And headingalling toward the 37 per barrel level. This is after it saw the biggest jump s...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Panic or price spikes. Than 52na listing more times oversubscribed. We will assess investors appetite with the ceo, Joel Silverstein. Haidi that is a market highlight but in the meantime, lets take a look at how the set up in asia is faring given we did have the resounding tech rebound. Sophie, what are you watching . At. 8 . S p eminis stock futures pointing higher come of this ahead of the session that brings philippine trade data and a decision from malaysia. Beth are split. The malaysian eco...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Well despite the fact that we speculative trading should be curved up, well see how yum china is doing but a muted debut so far here in the city. We are expecting a Bank Decision highly expected to stay on hold here today. Also with the ecb as well. Watching the euro very closely. Did gain yesterday on the back of a report that some ecb officials having a little more confidence in the recovery from this pandemic ahead of its policy meeting. Theyre likely to hold. Well see what they say about the...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

We are looking ahead to the fed minutes out on wednesday. Lets change the board and look at the currencies and we will check in on some of the commodities. The u. S. Dollar index currently flat. You have the euro gaining just four basis points. A stronger euro over eight straight weeks. That is beneficial for emergingmarket currencies. The yen, 76. Rsus some gains for the aussie versus the safe haven yen. Gold had its first weekly drop since early june. Gold firmly in focus. Down 3 10 of 1 . 42 ...
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CNBC Squawk Alley July 12, 2024

Intel is the story the margin story, the share loss or more. Looking forward to getting some more detail and clarity from the ceo of intel that will join us in just a few minutes. This is not all bad news there is a beat on the top and bottom lines really the focus is on manufacturing which is, you know, for generations literally it has been one of intells hallmarks and advantages now the manufacturing job not like i have seen ever in the period that i have been covering the company. Yeah, and j...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

At 4. 8 , premuch in line with expectations. 1. 8 , worse than expected. Retail sales are the weakest link in the recovering story in china. Than what the market was expecting. Property investment year to date coming in pretty much at 1. 9 . Versus an estimate of 1 . We also have the jobless rate coming in a tad better at 5. 7 versus 5. 9 . Which was expected by the market. Overall when you look at the economy, it looks like it is adding to signs the economy is picking up momentum. China probabl...
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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Can they deliver in shanghai . Bet that heaking a can succeed where others failed. To japan ands get south korea, coming online. Began is study. Fiveyear auction. Olding around we have not been at this level since easing ramped up. We are seeing the cost be moving to the downside about 4 10 of 1 . The korean won is on the retreat as well. A little change fluctuating after a threeday event with the aussie dollar holding steady. A look at how aussie bonds are faring. The 10 year yield fell as much...
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DW Business July 13, 2024

Return of its boeing 737 max from its schedule until mid january thats longer than any other u. S. Based airline american had previously planned to fly the model by early december the federal Aviation Administration has not said when it will allow airlines to operate the jet it has not been flown since march after 2 fatal crashes within months of each other boeing has developed a software fix for a malfunctioning Flight Control system u. S. Authorities have yet to approve it. And lets go to our ...
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