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BLOOMBERG Bloomberg Markets Americas July 13, 2024

Since at least early 2016. King dollar continuing to shine. When we came in this morning, we had that big story overnight out of hong kong come out of china with the markets there taking a dive for the worst. Didnt appear to be any real news, any catalyst, but the structure of things going on in terms of the economy over there, as well as the geopolitical situation in hong kong. Guy lets talk about whats been happening here in london. There has been an incident within the last halfhour thats tak...
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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

Black friday discounts in france, dozens of anticapitalist and environmental activist staged sit ins outside amazons french headquarters northwest of paris. They blocked two depots before being cleared out by police. Protesters have blamed the online giant for the introduction of black friday in france. They say it contributes to hurting the planet. Global news 24 hours a day, on air and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Am ritika gupta ...
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CNBC Closing Bell July 13, 2024

Date trade tensions resurface as china rebukes the decision to sign a bill backing protests in hong kong. And retail front and center as we get forecasts from adobe and the National Retail federation, forecasting strong Holiday Spending joining us for the hour is allied chief Investment Strategy lindsey bell here we go, a shortened day today but a lot of excitement. Whats driving the action . Well, you know, there is lower volumes today. Coming into the end of november, going into december, this...
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CNBC Squawk Box July 13, 2024

Of december and november was a very strong month for stocks, even though you did see some declines on black friday youre looking at the best returns we saw since june for all of the major averages. Last week again, you did see some big gains too right now the dow, s p and nasdaq are still less than 1 to 2 of the intraday highs with these gains, youll see them challenging that as tom mentioned. Although, i also remember last the first trading day of december last year. Not quite as much fun. I st...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

The broader context is that Global Equities are headed for a third month of gains, so a fair amount of optimism priced in in terms of the prospects of a deal. Stock and bond markets were closed for thanksgiving and we trade for a half day today futures are lower in the 10 year yield is is no indication of sentiment. Oil on the back foot today but we are heading to a fourth week of gains ahead of opec plus a survey saying we are not likely to get a deepening of those cuts. Lets get first word new...
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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Particular pressure early in the session, but paring some of those losses, down by about 0. 3 right now. We had seen the pound gaining on the back of those polls i mentioned in the headline, but that seems to be shortlived. Now we see a fairly flat pound. 1. 2916 is where we trade on the u. K. Currency right now. Lets check out a bloomberg first word news update. Heres leighann gerrans. Ighann beijing told the u. S. Ambassador to quit meddling in hong kong affairs. The chinese also warned the bi...
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BLOOMBERG Bloomberg Markets European Close July 13, 2024

On. If we dont get more cuts, presume believe that is negative for oil prices. Eurosterling around the 0. 85 level. Got closer to it a little later on. This is a big line of sand for that pair. We are now up by 0. 2 . The hong kong story absolutely front and center. President trump signing a bill expressing u. S. Support for the protesters in hong kong. It is a move that threatens to complicate trade talks with china. There was a lot of reaction around the world. Not a welcomet is news, but the ...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

Francine lacqua here in london. U. S. Treasuries are closed for the day. A lot of markets will be thin. Stoxx 600 gaining 0. 1 . The other big Market Movement this was happening is what is happening to the pound. We will speak to the pollster that put this yougov hole putting the majorities ahead. It always a good idea to look at yen. Gives us a good litmus test for risk out there. Coming up on bloomberg, we speak to the football legend Rio Ferdinand 30 minutes from now. Well ask him about what ...
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CNBC Squawk On The Street July 13, 2024

Wall street watching washington today. Stocks set for a lower open. Google, the banker. The search giant reportedly planning to offer Checking Accounts next year and nikes amazon challenge, the sports wear retailer set to stop selling its clothes and shoes directly to the ecommerce giant. Wall streets going to pay close attention to events on capitol hilld chair powell will testify before the joint Economic Committee of congress and the nation will hear public testimony from house impeachment wi...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

President trump talking about trade gave us an insight into the u. S. And china in terms of negotiations. A lot of focus is on what is happening in hong kong with heightened tensions playing their part in a selloff. The u. S. 10 year yield is at 1. 1010. Eurodollar at coming up, we speak to a bank chief executive a little bit later on. Lets get straight to bloomberg first word news here in london. 3g capital is said to have submitted a bid for an elevator business. That comes as a surprise with ...
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