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June 29, 2024
North korea despite the latest missile tests, three, in fact. There is a lot ahead to kick off the trading week. I want to start with one story that may not be on everybodys radar, but certainly in california. As we speak may be holding a meeting where they determine afterll be the next Ceo Travis Kalanick was ousted. Overesting developments the weekend. The former ge ceo took him out of the running to lead uber. , i haved, in fact decided not to pursue a leadership position at uber. I have imme...
June 29, 2024
Rishaad right, well, banks reporting out of china this week. Note onjust seen a nonperforming loans. People keeping an eye on that. This is an alarm bell for the amount of debt they are caring. Showing what 9438, is happening. Out of all of them, it is Agricultural Bank of china which is the worst. Its nonperforming loans seemingly worse. All will be revealed this week, the big four out with earnings and indeed these numbers as well. Haidi absolutely. A lot to digest when it comes to the asian o...
June 29, 2024
Facebook said to offer hundreds of millions of dollars to allow users to pay for play. Betty welcome to daybreak asia , i am betty liu at bloombergs Global Headquarters in new york. Yvonne i am yvonne man out of seoul this wednesday morning. Appear in south korea, we are watching what is happening about 30 something miles away from seoul. Our neighbors to the north, so to speak. For the markets, it has been a perfect storm. For not only what is happening in pyongyang, but the hurricane heading t...
June 29, 2024
North korean tensions dominating sentiment. Investors not prepared to take risks. Has andling us what going on for a couple of decades. Military spending, the chart showing south korea in red, the in japan. Jeff an fallen, it is double that of japan as a percentage of gdp. Japan gdp is Something Like 3. 5 korea, soer that of absolute spending way ahead. 3. 3 percent of gdp spent in the United States, a budget of 500 billion to 600 billion in year. Haidi putting that into perspective. That data p...
June 29, 2024
Program. Live in london. Lauren stocks rebounding two tenths of 1 and south korea jumping over 1 as tensions use with north korea for now. Lauren facebook has uncovered 100,000 in ad spending from fake accounts tied to russia. Fbn am starts right now. Lauren good morning everybody. And lauren simonetti. Trade two good morning. Im cheryl casone. The tiny island of barbados destroyed. Lauren wiped off the map, so sad. Cheryl is just that now the latest update from the hurricane center. The eye of ...
June 29, 2024
Build. Buzz starts to build. We are minutes from the end of the tuesday session. Longest winning streak since april for the european benchmark. Tech stocks are the big gainers today ahead of apples unveil her of its big iphone. It could get a share of components manufacturing. There is any positive catalyst. We are witnessing the record high once again for the world index. Lets look at the currencies. The most interesting currency today with day today is sterling. It is rising today. U. K. Infla...
June 29, 2024
Usual in its uk stores, despite its pa rent usual in its uk stores, despite its Parent Company filing for bankruptcy in america. Englands women got their World Cup Qualifying Campaign off to the prefect start, with a 6 0 win over russia last night. The team celebrating their opening goal with under fire manager mark sampson. And when harry met the foo fighters. In an exclusive interview, the band tell breakfast how theirfriendship with the prince began with a bang. We were getting ready to walk ...
June 29, 2024
Im nejra cehic. Still seeing a little reaction from the fomc meeting. Ive got the stoxx 600. We were seeing stronger gains. It softened a little bit. We are still up 0. 2 . Stronger dollar against most major peers. Bloomberg dollar index up 0. 1 . It did gain more than that in yesterdays session. The 10year yield rising two basis points. We are at 2. 27 . Pretty steady right now. Also keeping an eye on crude oil. We are a little lower in todays session. 50. 52 dollars a barrel. Weve also got bre...
June 29, 2024
Drama in the Health Care Sector today. That group was the worst performing sector in the s p 500 on growing uncertainty over the republicanled health care bill, as senate gop leaders were looking to nail down final votes on their effort to repeal the Affordable Care act. Unitedhealth was a big drag on the blue chip dow index as a result today. But then just after midday came that statement from senator john mccain that he would vote no on the measure. That followed reports that fellow republican...
June 29, 2024
What was your news story of the week . Democrats call 2027488000. Republicans 2027488001. 2027488002. Andh us on twitter cspanwj facebook at facebook. Com cspan. Lets begin with the latest news on the gop effort to repeal parts of the Affordable Care act. Senator john mccain has said he will vote against the measure. According to the your times, New York Times, it was less dramatic of his middle of the night thumbs down that killed the last repeal effort in july. , he said, the senator he could ...