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June 29, 2024
January on better than forecast earnings syria take a look at the s p 500 a year to date shows 3 . Index of one point that is a look at the year to date chart. Up one point 36 . Nymex crude is on the rise. T is up just over 1 take a look at the chart there. That a year chart or is that today . Fourmonth chart down just over 4 . Trading nearnt bear market territory. Also looking at the fourmonth chart there. Ar market chart. Taking a look at consumer confidence, dropping the most since 2011. Wher...
June 29, 2024
Average. It definitely reclaimed a lot of good levels here, that we will see if we can fold it into the close. Scarlet i no you have been focused on bp. Bp reported its worst quarterly profit in at least 10 years, but the stock is up, and this chart shows why. This is looking at quarterly cap x reductions, and you can see that though about 20 to 4. 7 billion in the last quarter. Bylooks to really be down the fourth quarter, by about 5. 5 billion. Brown bars oure projections and the yellow bars a...
June 27, 2024
China a currency manipulator. We are 30 minutes away from the open of trading this friday in china and hong kong. It has been a pretty tepid day across markets in asia, really pulling back in terms of risk appetite. Sophie is taking a look at how the markets are faring. Asia, major markets in in the red. We have the dollar holding up following Steve Mnuchins remarks. Areo have resources stocks on asian markets this friday, this as the commodity rally is seeming to stop. In japan, the nikkei 225,...
June 27, 2024
Russia. President trump says he retains his total confidence. We are about 30 minutes away from the open in china and hong kong. Day tracking these losses that we had on wall street. They are just kind of checking themselves at this point. A run up a little bit too quickly. In hong kong. Once going on . We do have stock investors after thursdays gains. And acrosss in japan the board here. Down over 1 . Sincefter rising the most november. Minors, the biggest drag. And base metals also slipping to...
June 27, 2024
Anna a warm welcome to bloomberg daybreak europe. I am anna edwards. Manus i am manus cranny. Breaking news. Anna the german pharmaceutical business merged if an update. A couple of headlines coming in at 1. 20 per share. Euros, ebit 400 and 5 million. 405 million. Net income figure for the First Quarter of 269 million euros. These are the numbers coming through as we speak. The broader story, the expectation from Morgan Stanley is that these would be a Strong Revenue but there were several movi...
June 27, 2024
The second hour of daybreak asia, coming to you live from bloombergs asian headquarters. It is just after 8 00 a. M. Its just after 7 00 here in new york. I am betty liu. In termsof a lead and of equities. We did jump back from the lows. Investors are taking a wait and see attitude before the jobs report on friday here in the u. S. It seems like the dollar is really helping the move, especially dollaryen. Lets get to the market open with david. Talk about dollaryen quickly. The today chart, as y...
June 27, 2024
Rashaad the scandal that threatens the president has exposed to koreas cozy links with power. We are live in seoul. Investors counting down to crucial payroll numbers which could trigger a rate hike. Given a the u. K. Is brexit warning, it could take 15 years to clinch a trade deal with europe. The Trump Administration is told china is not to blame for years of lost american job. Clearly we are watching very closely those developments in deou seoul. Remember this protest we had that led to calls...
June 27, 2024
Forident opens the door elections in 60 days. They favor a softer approach with north Korean Leader kim jongil and kim jongun. And the creation of a Missile System that china opposes. Powered by more than 2600 and analyst in over 120 countries. Im mark crumpton, this is bloomberg. Julie live from bloomberg World Headquarters in new york. Joe we 30 minutes close of trading in the u. S. Julie gold on its longest losing streak and five months. Joseph colon the question is, what you miss joe the que...
June 27, 2024
Embattled house Gop Health Care plan in his weekly address. He also once every american to know that action under the Health Care Law is a urgent necessity. He criticized the plan as obamacare light. Suggesting the fbi director dispute, President Trump claims that he was wiretapped by president obama, a losey says she does not believe the claim is true. James comey should set the record straight. James comey has privately urged the department of justice to dispute the spirit global news 24 hours...
June 25, 2024
Philadelphia. Welcome to daybreak asia. Lets go straight to the markets open now. Juliet, i think we are seeing asian follow wall street lower. That looks like what were seeing at very early trade. Been aough there has news. From the in ks it could be more than the market has been looking for, but we are seeing weakness coming through. Performerwas the best yesterday. Signs also pointing to the fact that nintendo is likely to have a tumble when it opens. We actually saw south koreas of 1 in the ...