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July 16, 2024
The governor of texas warns of a massive outbreak. The imf adds to the gloom, further lowering its Growth Outlook, saying the pandemic will cause even more damage than first feared. Haidi that lead really playing into the downside we are expecting in the asian market session. Lets get it over to Sophie Kamaruddin in hong kong for a look at what we are expecting. Board, pulling up the asian futures pointing to losses of 1 or more amid the imf. Warnings of a deeper recession with japan and the Gro...
July 16, 2024
Ahead of his News Conference there later today. And samsung shares rise as the Company Beats on Quarterly Earnings. Memory chip prices finally begin to climb out of a persistent downturn. It is 8 00 a. M. Across the emirates, 12 00 midday in hong kong. This is bloomberg daybreak middle east. Im tracy alloway. The middle east never has a shortage of news that this morning with iran announcing a seriesf missile strikes on u. S. Bases in iraq, the First Response to the killing of general soleimani,...
July 16, 2024
Says carlos ghosn left the country by illegal means. Theformal nice former nissan boss is expected to give a press conference this wednesday. Yousef it is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. Are talking about those geopolitical jitters currently running through markets, so lets take a look at where gold is trading this morning. Gold trading at the highest level in about six years, with Goldman Sachs suggesting that shiny metal will be a better hedge against geo...
July 16, 2024
Alltime high, President Trump signed an interim trade deal ahead of that the agreement averts new tariffs on chinese goods that were due to kick in this weekend. It is 4 00 a. M. In the u. K. I am Tracy Alloway in hong kong. You are watching the pound this morning. As soon as we got the exit poll, that was six hours ago, suggested we would see a big majority for Boris Johnson. Everything we have seen seems to confirm we all we will see a big majority for Boris Johnson. The pound goes higher, up ...
July 16, 2024
Weeks elections. Saudi aramcos shares advance again ahead of the inclusion and Major International equity indices this week. The worlds most valuable company has gained 17 since the debut. It is 8 00 a. M. Across the emirates. I am in dubai. Im Tracy Alloway in hong kong. I mentioned the yuan strengthening on the back of the stronger ecodata and on the back of the agreement between the u. S. And china on a phase one trade deal, finally. Take a look at the offshore rate, about. 99 this morning. I...
July 16, 2024
Bullish. Ty the kiwi also in focus today. Saying theng through belowill avoid it dipping . 60. Trading indian futures and showing a move to the downside. Reflected in the session on friday when we saw a move to the downside again. The rupee holding on to some of the strength that we have seen and that is down to the decision, the surprise decision not to do anything about Interest Rates. There, 6. 6 . Ing up one rate cut had been factored in and it did not transpire. Let us find out what is news...
July 16, 2024
Is left unprotected on a google cloud server. We will speak to the hacker who discovered it. First, our top story. Elon musk unveiled teslas new cyber truck with stainless steel exterior and armored glass that is not supposed to shatter, but the demo didnt go as planned. Oh my god. Well. Maybe that was a little too hard. Taylor for more on the mishap and how shareholders reacted, i want to bring bloombergs ed ludlow who was at the event. Before we get into the pomp and circumstance, how was the ...
July 16, 2024
As germanys spy chief says huawei cannot be fully trusted, we speak to the companys officer to the u. S. In this hour. It is 9 00 a. M. Across the emirates, 1 p. M. In hong kong. Im tracy alloway. This is bloomberg daybreak middle east. Manus im manus cranny in riyaad. There is a new globally important date. December 11, their remco ipl will start to trade. The valuation anywhere between 1. 5 to 1. 7, depending on which analyst or moneyman or woman you speak to. 40 from the u. S. The negative In...
July 16, 2024
Mistakes on the grounded. Slashed. Where will the s p trade . We will have the latest. Been told 3 higher, you would have laughed. What is bizarre is the trajectory of the Economic Data and the u. S. China trade talks. It is 9 00 a. M. Across the the trajectory of earnings has gone according to plan. Emirates, 1 00 p. M. In hong either something massive is missing, and i have yet to find but i think this kong. I am tracy alloway, this is bloomberg daybreak middle east. Manus i am manus cranny. W...
July 16, 2024
There was much confusion this week about u. S. Policy toward kurdish allies in syria and to nato member turkey. President trump seemed to make a major policy shift by saying the u. S. Would authorize Turkish Military action over the border but later appeared to backpedal. We have more with two guests. Last year, there was the issue of the pastor held by the turks. The turkish economy went into a tailspin on the back of american pressure. This is a serious threat. The key to me is what is offlimi...