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BLOOMBERG Bloomberg Markets Asia July 12, 2024

The concern about the stronger currency, not to worry just yet. We saw that euro jump. Ist weakness on brexit sparking a rebound in the dollar. Your offshore renminbi, we are set to break six weeks of gains. 683 right now. That is below 40 right now. We have copper also and gold on the back foot. Oil prices on track for the biggest twoweek drop since what we saw back in april. Lets get to the first word news, we have Karina Mitchell. Senate democrats have shut down a relief plan proposed by repu...
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CNBC Squawk Box July 12, 2024

Looking at the biggest weekly loss since late june the s p both with interday trading. The nasdaq is on track the fourth week in a row on higher prices dow futures indicated down at this poirchlnt looking at yields for the 10year. New this morning, china and the u. S. Have agreed to review the progress of the phase one part of the trade deal well do that in the coming days talks are scheduled from last saturday the review comes as u. S. china ties have deteriorated just summarizing you know that...
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CNBC Fast Money July 12, 2024

Underperformance of Large Cap Technology and outperformance of value. Guy, what did you make of the action today so i know you remember everything, so you may recall yesterdays show every once in a while something sticks with you, like an onion or Something Like that, yesterday there was something said on the show that resonated with me. We were talking about the vix. He correctly said just because you have an elevated vix, its not any deby definition a negate thing for the market today illustra...
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CNBC Fast Money July 12, 2024

Gain tackling your questions on the rally ahead. The trader radar, what are you buying and selling today, josh melissa lets start with what is popular on robin hood according to robin track. That the Spartan Energy acquisition nio popular not only today by the way but saw the biggest gain in popularity for the week netflix, amazon and microsoft. As for Spartan Energy, lets dig into names there is report it could do a spak that would allow the ip ocho plan to make a vehicle everybody wants a piec...
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CNBC Squawk Alley July 12, 2024

Trying to bounce back after all of the major indices in the green. The dow struggling most of all just popped into positive territory moments ago. The s p trying to stay above morgan thats right i will note that were on pace for gains for the week including the nasdaq that is currently poised for a 4. 8 gain they pointed out this morning that the Broader Market it means this critical juncture right now and that given the big swings in both directions that we have seen in the s p and the Broader ...
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CNBC Squawk Alley July 12, 2024

Ali. The session high was 3088, we lost a fair amount of ground from the first high this morning, the 200 day moving around is 3013 that got violated briefly and we will see if this hospitals. Yeah, and the stocks, we will see if it holds. Bob, good morning, good to see you. Thank you, happy friday happy friday, now you said that to you, yesterdays decline was no surprise. What about todays pop which is quickly fading now what does that tell you about what investor strategy should be i think whe...
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CSPAN2 Charlton McIlwain Black Software July 13, 2024

Center for critical race and digital studies and coauthor of race appeal how candidates invoke the race in political campaigns, the winner of the 2012 a psa ralphs monkey award and also with us hed David Ellingtons founder and executive chairman of the Silicon Valley block chain society, a global member driven ecosystem block chaining cryptocurrency related project across industries and for social impact. Members are active investors primarily in technology, collectively representing more than 1...
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CNBC Mad Money July 13, 2024

Too glib maybe not glib enough. The dow did snap that five day winning streak to close down 28 points the s p back slid. 04 nasdaq actually advanced. 05 but while most of the country is spell bound by the prospect of the house impeaching President Trump the effect on the market was minimal, why well in part because we know exactly how the trial in the senate will go more on that, much more on that later. From an Economic Perspective though theres just not a lot at stake here the only outstanding...
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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

Sign it at the economic summit in july. That was postponed indefinite in chile. That was postponed indefinitely due to the protest. Then President Trump circulating they would sign that agreement in iowa or alaska or somewhere in china. Reuters reporting that they might have to wait until december. David is not just the december 15 tariffs. Yesterday the reports there might they might roll back the september ones. I wonder if it is scheduling problems or there is more to be done . Kevin i have t...
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BLOOMBERG Bloomberg Technology July 13, 2024

Continues to pose risks. But first, our top story. Mark zuckerberg will get a firsthand look at the growing opposition to facebooks plan to create a cryptocurrency. He will testify october 23. The hearing will examine facebooks impact on the financial and housing industries. My first question is, how significant that it is zuckerberg . It is very significant. Anytime the ceo testifies, it is a big deal. I was there in april of 2018 when he last testified and it was a total zoo. Everyone wants to...
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