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CNBC Squawk Box July 13, 2024

Crude Oil Last Week which hit the highest interday wti up to 63. 72 an barrel ice brent crude is up to 69. 49. Gold hit a nearly fourmonth high last week posting its eighth straight positive session on friday. Longest daily winning streak since june of 2019 right now gold price is up another 1. 75 to 1,579. 60 an ounce. Our top story, tensions with iran escalating over the weekend. Eamon javers has the latest from washington good morning. Good morning, joe the iranians were vowing revenge over t...
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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Southeast asia, gdp out of fullyear growth for 2019, philippines not playing ball the first trading session and dollaryen, gold, oil and treasury futures looming, looking at where we go moving forward as well. Dollaryen 108. 66 and gold futures pulling back slightly, by a futures contract. That is the markets. Uneventful. Here is the first word news. Kim jongun says he is no longer bound by a pledge not to willmissile tests and debut a new weapon. He says u. S. Sanctions leave him no choice but ...
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BLOOMBERG Bloomberg Markets European Close July 13, 2024

What is happening with the group market, down attached today. Big moving natural gas in the big move in natural gas in the u. S. Kuwaitis and thes may be doing a deal that would bring more to the market. Dennis muilenburg has been ousted as ceo of boeing. Chairman dave calhoun will take his place. Lets bring in Bloomberg Aerospace reporter justin backman. What did milind berg do wrong what did Dennis Muilenburg do wrong . Justin i think the issue was after these two fatal crashes from a Public R...
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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

Protesters tried to vandalize the chinese flag. Shery the bank of america boss is optimistic going into 2020 but warns Overleveraged Companies pose a worrying threat. The markets coming online. Sophie . Losses for sydney stocks after a decline for the asx. Bonds rising above 130 basis points, climbing to a july 23 hi. Nikkei futures slightly higher this morning. The kospi potentially building on gains after posting a high on friday amid signs of overheating for the index. We will watch for korea...
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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Shinzo abe announces a package with 240 billion. Will europe follow suit . Anna another luxury buyout . Kering has talks on a deal with montclair. In search of consensus, oil eases ahead of todays opec meeting after the biggest surge in over two months. We await the pricing of saudi aramcos ipo. Matt i am looking first and foremost at the pound as i pull up my worksheet this morning, i. Oticed another spike today this is the threeday chart. It looks like markets are getting more confident in con...
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BLOOMBERG Bloomberg Markets Americas July 13, 2024

Brownforman the worst call in the s p 500 after disappointing. Guy european stocks, as they are in the United States, fairly flat right now. Only up less than zero point 1 . The story continues to be where is happening in the pound. Theres a lot of talk of resistance up at 1. 32. Breaking through that would make a big difference. This ahead of next weeks general election. Glencore being absolutely pummeled today, down by over 7 . This as it faces another legal woe, this time out of the United Ki...
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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

From protesters in hong kong. The u. S. Navy can no longer visit the city. She race to roll out 5g pit the u. S. Against china. We will get telecoms views on rivalries from huawei. Shery breaking news out of south korea. We have the final Third Quarter gdp numbers. Year on year growth of 2 . That is in line with the advanced estimate. Same thing for the quarter on quarter numbers, grown 4. 4 which is the same as the advanced estimate. The year on year number is really staying steady at 2 growth ...
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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Spending, good domestic momentum, but facing these headwinds in manufacturing. We are in the moderately accommodating stance, and thats appropriate. A shallow dip. Technicaloks at a recession. But this month data points to stabilization. We will be live in frankfurt for the reaction. Welcome to daybreak europe. Numbers coming through on the bloomberg. Let me get to those before i take you through the markets. What we are seeing from rwe is that its raising its standalone and that forecast for 20...
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BLOOMBERG Bloomberg Markets Americas July 13, 2024

We are down 0. 3 on the s p. Back down to 1. 90 on the 10 year. We got up past 1. 95 a little earlier. Disney one of the Better Stories today after earnings, up 4 . Gap up on the ceo leaving gap down on the ceo leaving more than 7 . Guy the president has just been indicating that he hasnt agreed to tariff rollbacks with china. This was always the risk with this rally. Absolutely it was built on a single man risk. If the president didnt agree, you were going to get this kind of reaction. The mark...
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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Rollout of disney next week as well. Gap is down 7. 5 after the announcement that the ceo will step down. Change of any business might take longer. Guy here in europe, bit like the United States, moving lower on this trump headlines, and then bounced back up again. We are still negative on the day. The euro down as well. The dollar has been catching a bid today. What has been interesting is the bigger reaction in the bond market. Earlier today, italy was down for five basis points. Down by one b...
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