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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

Sides of the atlantic. 1 , tech00 up 4 10 of doing the heavy lifting. The stoxx 600 up 6 10 of 1 . Euro weakness today. It started before the durable goods number and the news out of berlin. Weakness in the russian ruble. Isssure from belarus increasing on moscow and the ruble is taking it harder as a result. Keep an eye on japan. There is a press conference with it is friday and fascinating to see where we go. European stocks lagging their american peers. This anlysts calling opportunity to shift investments from the United States to hear in europe. Will that happen or will that be missed . Scarlet it is kind of happening right now, and europe looks appealing because it is a diversification away from the u. S. Which is crowded, high devaluation, and trading highs. There is stimulus coming in europe, 27 member nations able to agree on more public spending , in contrast to what we have seen in the u. S. Fund flows for the biggest equity etf in the u. S. Got the itt since january, and si

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