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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 basis point sorry, up by one basis point. We have probably seen a bigger reaction in bond markets then in equity markets, which is interesting. Its been a big week. Theres been a big selloff this week for btps. They are up by 21, 22 basis points this week. Lets talk about these markets, try to figure out where we are as we wrap things up. Erik nielsen, Unicredit Group chief economist, j ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

In the wake of adam schiffs private testimony taking in the deep bunker in the capital. David i find that fascinating. We have heard from republican after republican that this is so unfair. Now it is not clear that trump wants it in the public. Erik the republican messaging has been all over the map. Lately they have been congealing around the idea that Mick Mulvaney and the other lower people in the state department came up with the scheme of ukraine on their own. You are hearing that a lot from ,ark meadows and jim jordan trumps chief defense lawmakers on the hill. They are saying they presume there was a quid pro quo, they presume a tide between the as in the investigation into the bidens and trump had nothing to do with that. David it is interesting you point that out. I noticed in the bill taylor transcript of his testimony, he said he did not know the president was responsible for this. He knows
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