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June 25, 2024
Manus good morning and welcome toc. And welcome to countdown it is risk on, in case you have not noticed. The msci asiapacific up 1. 19 . Asian stocks are heading towards a oneyear high. The s p hit a record. The probability of a rate hike 47 . Adding for, drillers the sixth week in a row. Trades. Nds and oil the hedge funds are adding to their short thats at the biggest and most aggressive pace since 2006. So a bounce in oil on the fact that the opec nations are not planning to revive their fre...
June 25, 2024
Japan awaits an address from the emperor, the second time he has made his speech, live in tokyo. ,ollow me on twitter rishaadtv and dont forget to include. Trendingbusiness Greater China markets underway and 30 minutes. Indeed, a positive followthrough from wall street. Derailedis rally got from that disappointment at the boj, but we are back on track. The nonfarm payrolls number added some clarity on where investors think the u. S. Economy is going. The japan and rally under penned by yen weakn...
June 25, 2024
Bullard told cnbc about a potential june hike. Obviously weve tried to be data dependent, and i dont think theres any reason to prejudge the june meeting at this point. We can wait until we get to the meeting, see what the data say and try to make a good decision there. I think on the issue of press conferences we have made many moves over the years without press conferences, so i think you could make a move without a press conference in this circumstance. The labor market data, as i said, if yo...
June 25, 2024
That could be the first signal we have seen of the impact of brexit and other geopolitical concerns on the chinese economy. In june, imports down 2. 3 year term. R in chinas exports better than expected, rising by 2. 9 percent in july. The market was looking for a figure of 2. 3 , well up from the 1. 3 rise in a sports year on year in june. Certainly, a big boost in terms of surplus. A big miss in terms of imports. There has been the impact of the brexit vote. Exports rising up by 2. 9 , so at l...
June 25, 2024
Markets and new polls and an interest editorial in the uk and jack ma takes the stage at alibabas investor meeting in china gives an upbeat view for the year ahead. Stocks trying to recover from the first three session losing streak in almost a month. A lot of cross currents. The german 10year, it finally got there. Yeah. I mean look, when i read the commentary about the eu, germany, brexit, its almost like youre starting to think like are these people really thinking its september 1, 1938, talk...
June 25, 2024
Assault. Court documents say he was intoxicated and the victim, passed out. The judge is concerned more concerned about his future than the future of the woman he was convicted of raping. Vice President Biden wrote an open letter to brock turners victim, quote, doi not know your name, but i know that a lot of people failed you that terrible january night and in the months that followed. Peninsula Congress Woman Jackie Speier brought up the case in congress. Turner will probably serve three month...
June 25, 2024
Abc7 news travelled to oakwood, ohio, the hometown of brock turner. The former stanford swimmer sentenced to just six months in jail for Sexual Assaulting an unconscious woman. Its drawn outrage across country. Good evening. Brock turner is in the Santa Clara County jail, set to be released on september 2, meaning hed only serve three months. We have Team Coverage live in stanford with a look at the National Attention this case is getting. David . This is a Major Development going on here. A maj...
June 25, 2024
Ramy and Disneys Bob Iger heads the list of the weeks top interviews. You have to consider a studio that grew over 60 for the quarter. Thats quite a performance. Ramy it is all straight ahead on bloomberg best. Ramy hello, im ramy inocencio, and this is bloomberg best. It is your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at top headlines. On monday, republican president ial nominee don...
June 25, 2024
The dow and s p 500 retreating from records yesterday. Group in the best in s p 500 after a 3. 5 move wti. Joe energy the best performer. Telecom and materials laggards today. I want to talk about nordstroms. There has been doom and gloom around retailers. This morning, a disappointing piece of retail sales of data. However, look at what has happened to nordstroms. This is on the back of a betterthanexpected secondquarter report, reporting . 67, . 10 better than analyst anticipated. Nordstroms h...
June 25, 2024
And Disneys Bob Iger heads the list of the weeks top interviews. It is all ahead on bloomberg best. Ramy hello, im ramy inocencio, and this is bloomberg best. Lets start with a divided look at top headlines. On monday, republican president ial nominee donald trump unveiled his economic plan in a speech to the trade economic club. He promised to slash taxes. It is time to move the anchor dragging us down. And that is what it is doing, it is dragging us down. [applause] upon taking office, i will ...