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BLOOMBERG Bloomberg Markets Asia July 11, 2024

Deaths, and germany reports is highest fatalities since april. Brazil is resuming trials of chinas vaccine amid claims the original was political. Joe biden held his first calls with political leaders in tokyo and ellis and dolores seol. And calls for stronger twoway ties. He also wants to meet biden as soon as possible. Korean president moon called for a stronger aligns with the u. S. And said they agreed to Work Together on the virus and climate change. Financial markets in the philippines wil...
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CNBC Mad Money July 13, 2024

Or was it the real economy rearing its increasingly ugly head every day that the average goes down, the dow slipped 102 points, s p shed 7 p. 8 , are we having Great Depression style unemployment 38 million jobless claims or another garden variety sell off in the wake of another major rally . Ill give you a hint its not the economy driving the bus. I know the markets incredible rebound the last two months seems totally out of sync with whats happening in the rest of the country. Wall streets bec...
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CNBC Closing Bell July 13, 2024

Dire projections and devastation from covid19. Were down five basis points good lineup today well speak exclusively with the cfo of tyson as concerns mount about the safety of Meat Processing plants. Plus, Mike Novogratz will join us on what he makes of Warren Buffetts comments on the airlines and market, plus, well speak with tom steyer about the path forward for america specifically, he sits on californias task force to reopen the economy along with janet yellen and tim cook. Well start with b...
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CNBC Squawk On The Street July 13, 2024

What some of the states are doing, they can open, but its very difficult some of the rules of some of the states are hard core when you look at them, you think ppp versus, geez, those are the rules . Took some ppp before were seeing it . I think its not going to be nearly as easy as people think i do wonder if our show were located in austin if we wouldnt be saying those crazy new yorkers, but we live here. We live in new jersey. I think that its going to be a little bit more difficult for a com...
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BLOOMBERG Bloomberg Markets Asia July 13, 2024

South korea, president moon calling the current Economic Situation as an emergency. The rhetoric is not positive even as what we see the beginning of a stabilization for some of these virus cases coming out of china. Certainly, the attention is on what regional economies are going to be able to do to support Economic Growth. Lets take a look at what we are seeing on the markets. A milestone for Chinese Markets in recruiting some of those losses since the Lunar New Year break, but we have seen ve...
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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Markets, yields are continuing to move up. When you look at the japanese 10 year, we are flirting with the zero line. At some point, maybe, we will see if we break above the japanese 10 year. Let me end on this. Some markets are substantially down for the week. The dollar is also seeing a drop. 1 , that is ahead of the u. S. Jobs numbers, which comes out later today. Su keenan is with eyes. She is going to update is with us. She is going to update us. Su lets get right to the newest. We are goin...
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BLOOMBERG Bloomberg Markets Asia July 13, 2024

But security saying you will see the boj stop buying longer take 2020. In a move in the aussie in focus today. We are hearing hedge funds switching to bearish. The dollar is weaker ahead of inflation data due for november. Were also watching the thai baht, stronger against the ringback. Trade data against the greenback. Rishaad the Indian Trading day, futures are looking flat. What we have seen, discussing a short while ago, record highs for the nifty and the sensex. Friday no exception. It tohe...
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BLOOMBERG Bloomberg Markets Asia July 13, 2024

The hang seng at the moment. The two thirds of 1 . Lets look at what is going on with the nikkei. Market, we are seeing a move to the upside. A case of bad news and good news. Indicating they could institute Interest Rate cuts. Lets get to the other asset classes. This is where we find ourselves at the moment. It must have been quite a meeting between the fed chair powell and his boss, the president. It must have been. A yield to that has barely been budged in. We have been seeing them lurch hig...
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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Nissan fell 4. 5 . The biggest fall since august. The hang seng, another bourdais. Well below the water 27,000 level. The 127 level. 127,000 level. Lets have a look at what else is going on. Lets look at bonds. The yield, 1. 91 the 10 year. Talk there, with much earlier this week that we would have seen a move toward the 2 handle, which would send a signal of positivity, but it would be translated as bad good news being translated into bad. The new Zealand Dollar up 1 . The cap Interest Rates on...
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BLOOMBERG Bloomberg Technology July 14, 2024

Yields, lets look at how the bond markets in asia are looking. Boj stepping in to stop the slide in yields. Yields have been below the target of the boj. How much can the boj do . It cut its bond prices by ¥30 million today. Will it do more . Stimulus over the next six years not helping. We have new zealand 10 year yield below 1 currently, ann australiad 10 year yield below one as well. We talk about inversions of two and 10s, it looks like asia may be looking at the same phenomenon. Some are l...
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