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July 16, 2024
Whats going on in this country . Whats going on . Trump has reportedly told members of his inner circle that he will declare victory on tuesday night, even if a large number of votes remain uncounted. Thats ccording to u. S. News source axios, which quoted unnamed sources close to the president. Trump told voters he would not declare victory prematurely but his lawyers would get involved over accepting mailin ballots after election day. Meanwhile, democratic nominee, joe biden, held a pair of ra...
July 16, 2024
Can be done. Make up your own body. Double. The biggest risk for Global Business is unemployment thats the result of the latest report on regional risks for doing business i seen by the World Economic forum well talk to the borders managing director to find out more also coming up indonesian workers take to the streets to protest a contentious bill they say will favor investors at the expense of labor rights and the environment. And the new york is struggling to get back on its feet of in. The o...
July 16, 2024
You with us. But what Economic Forum has just published its annual report on regional risks for doing business and not surprisingly the coronavirus pandemic has left its mark based on a survey of over 12000 Business Leaders from 127 countries the report has unemployment topped the list just like previous reports have done like the one from the International Labor organization massive job losses due to the pandemic are expected to negatively impact businesses for the next 10 years fiscal issues u...
July 16, 2024
How that is digested. We will carry on the conversation talking about the virus. Trying to get an understanding of what is going on in terms of the case count. We are going to be digesting all of this. A Columbia University professor will join us to give us her take on what is happening. The Planet Fitness story is part and parcel of this, the closing of bars, and the fact we did not see the big blm protests picking up the count. We will be talking about that later on in the hour period alix . A...
July 16, 2024
Prevalent absolute everywhere. Lets get a sense of where we go from here in these markets. A good time to take a look at where the rest of the year looks with davos kicking often switzerland. The World Economic forum now underway. Joining us for a little bit further down the road from geneva, the silly askew not geneva,of bank from the cilia skin not because gkionakis. Vasileios i think a major suppressor of volatility and supporter of markets is the fed coming out in october and starting to it ...
July 16, 2024
The markets are clearly telling us that the markets are not pricing in the worstcase scenario when it comes to iran, or at least Portfolio Managers not. Stoxx europe 600 gaining some 0. 6 . On bloomberg surveillance, we will be speaking to the president of euler hermes, Wilfried Verstraete. That discussion is up very shortly. Lets get straight to the blumberg first word news. In new york city, heres Viviana Hurtado. We begin with the first stage of the u. S. China trade deal, set to be signed ne...
July 16, 2024
Plus. The u. S. House prepares for an historic vote on impeachment send it to the senate trial against the president. And install Major League Baseballs cheating controller see claims another high profile victim the Boston Red Sox farm manager alex cora to his role in the sign stealing scandal. Has begin this news with iran where the president is calling for us and all other foreign troops to leave the middle east in a televised Cabinet Meeting house on rouhani said american troops are not safe ...
July 16, 2024
Welcome to daybreak europe. Started the year risk on. That has taken ahead after reports u. S. Airstrikes have killed the top iranian commander. You are seeing red on the screen for the msci asia asiapacific index, excluding japan. Japanese equity markets still closed for the holiday. Yesterday we saw the essence 500, nasdaq, and the dow hit records led by mega caps. Futures taking a big hit as well. S p futures down 0. 8 . Money moving into treasury futures as well. Japan closed the 10 year yie...
July 16, 2024
Markets trying to figure out the fallout from the u. S. Strike meansilled the general for their portfolios. And what it means for the price of brent. Is at theere bryant moment. Gold at the highest in six years. Data. Also getting some Euro Area Services pmi coming into 52. 8 just a touch better than expected. We are at the eurasia summit talking 2020 risk. We will talk to the italian Prime Minister. In the International Rescue committee chief executive David Miliband. Those are coming up on blo...
July 16, 2024
Secretary Steven Mnuchin on the u. S. Economy and Financial Stability. He talks about Digital Currency, World Bank Lending at the potential impact of Climate Change. Ready to go . The committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled promoting stability, reviewing the administrations regular approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 p. M. Per the...