Could you elaborate on what this would mean for consumers . Sure, consumers will be affected by this policy change through commercial banks changing its short term crime rate, it will be impactful in two ways, for Savings Account for instance it is good news because we will finally see some positive numbers is interest on our savings. But for the borrowers it would mean if you have a variable rate it could go up, according to the commercial banks decision, and you would be liable for a greater interest payment. If you would be liable for a greater interest payment. If we are talking greater interest payment. If we are talking about greater interest payment. If we are talking about moving greater interest payment. If we are talking about moving out i greater interest payment. If we are talking about moving out of negative Interest Rates, what sort of a move are we looking at . ~. ,. ,. ,. , at . Mood, the mood in businesses. At . Mood, the mood in businesses. Not at . Mood, the mood in
Sonali welcome to bloomberg markets. Lets look at the markets quickly. We have a lot of red on the screen. We have the s p 500 now down about one half of 1 . The nasdaq 100 is seeing bigger can kleins. The russell 2000 even more than that. Its now down about 1. 5 on the day, quickening its losses and thats on the back of higher yields. The twoyear yield just flying higher. Its above 4. 67 on the day. Thats a three basis point move. You have to remember how far weve come. We will dive into the Economic Data we had this morning that is driving the yields higher. Michael mckee joins us now to bring us up mike mike to date. This is a nerd indicator. Business inventories are just out at the moment. Its not a really good number. 0. 0 after a 0. 3 increase the month before. That is down from 0. 4 . It suggests the u. S. Is not building inventories as much as people might have thought. There was a feeling that because gdp has shown inventories declining for the last months that we would see fa
Secured their biggest pay rise since 1991, giving the central bank the confidence to make its move. One that puts decades of deflation in the rear view mirror. Lets go live to shizuoka in japan and Seijiro Takeshita professor at the univesity of shizuoka. Good to have you on the programme. We knew this was coming, it has happened, give us your reaction. Us your reaction. Well, as you said, it us your reaction. Well, as you said. It was us your reaction. Well, as you said, it was expected us your reaction. Well, as you said, it was expected because of the Pre Requisites were set, basically, 5. 2 increase by Larger Companies, pay rise. We expected only form per sense of that history very well. We have the Inflation Target which is to present a morejust been fulfilled so basically, prerequisites for lifting off from this secure operation of negative Interest Rate is finally here. It negative Interest Rate is finally here. Finally here. It is finally here, finally here. It is finally here.
Our time. Ai the defining technology of ourtime. Some ai the defining technology of our time. Some of the biggest names in tech are expected to use these gpus and we expect to see the technology in action later this year. Bob odonnell from Technalysis Research was at the event in sanjose, california. With all the anticipation built up for nvidias latest product, he says it wasnt your typical technology conference. The atmosphere was like a rock concert. I have not seen Something Like this in the Tech Industry in quite some time. Some people were Making Analogies to the early days of steve jobs but the buzz was in the air and the feel of the event was very much like a concert. And jensen was a rock star. He presented many times in the past but this was clearly his moment and he was soaking it up because the company is on Top Of The World right now. Everyone wants to know what are they going to do . They have a new blackwell gpu, the latest chip to accelerate ai and then, importantly, no
In tech are expected to use Blackwell Gpus and we expect to see the technology in action later this year. Bob odonnell from Technalysis Research was at the event in san jose, california. With all the anticipation built up for nvidias latest product, he says it wasnt your typical technology conference. The atmosphere was like a rock concert the atmosphere was like a rock concert i the atmosphere was like a rock concert. I havent seen Something Like this in the Tech Industry Something Like this in the Tech Industry in quite some time. Some industry in quite some time. Some people were Making Analogies to the early days of steve analogies to the early days of steve jobs types of presentations, but the buzz was in the presentations, but the buzz was in the air presentations, but the buzz was in the air and the whole feel of the in the air and the whole feel of the event was very much like a concert of the event was very much like a concert and jensen was a rock stat a concert and jensen wa