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ALJAZ NEWSHOUR July 12, 2024

Officials say at least 300 inmates have escaped and 36 People Killed in our summer time on a high security prison. Back in business a bad way Stock Exchange reopens giving some hope the economys revival plus. I robot bride in south korea the countrys cultural heartland as it celebrates its World Heritage traditions. And in sports after hiatus lasting almost 5 months tennis is making its official return to palermo open as the 1st tour event to take place since the colorado virus a lockdown. The World Health Organization has issued a stark warning that there may never be a Silver Bullet and to end the crown a virus pandemic w. H. O. Has warned people against putting their hopes on a vaccine saying basic ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Focus in china, the unraveling of the chinese stock rally. Seems like things have stabilized after we saw one of the worst selloffs since the gdp eight out of china. You see china targeting large caps, small caps and the latest is kwai chow moutai. Yesterday, climbing back with the stock. Record after we saw a spike in virus cases yesterday. Watching other things with indonesia markets opening up, focusing more on the Bank Indonesia rate cut, cutting rates for the second time as growth sputters, the stocks are up. 4 area strength in the rupiah. Up. 4 . Strength in the rupiah. Nifty, futures pointing to a positive open. Yvonne the Trump Administrationyvonne is turning on some of americas Biggest Companies saying they are pawns of china. Attorney general bill barr says disney, apple and others are working at the e ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

President trump this a uturn says warning mask saying trump does a uturn saying Wearing Masks is patriotic. Backing for that extra u. S. Futures opening flooded ae momentary after we lacked were setting up for a mixed clear direction in the session. Session in asia. We ended up with a session mixed to clingres managed with the tech surge fall during. S p 500 index did manage again and finished at a four point onto some gains. Amid concerns we could be far at a fourmonth high. Off from another stimulus package in the u. S. , even though we did see an agreement coming out of european leaders. Senator Mitch Mcconnell casting doubt the stimulus bill would come in the next two weeks. We did get a rally in energy and flat at thetrading financial stocks good investors moment, not much of a move. Are more hesitant when it came to kent came to
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Patriotic. Vaccine is on to find a amid warnings of a greater resurgence to come. Haidi pretty mixed midweek outlook when it comes to trading here in asia and for the first time in a while, we have seen equity markets kind of take a step back in terms of not headlines. A great deal of activities and commodities. Lets take a check of futures. Contracts trading higher after we saw a lack of conviction in u. S. Markets as we get concerns that perhaps this fourth round of fiscal stimulus will not be forthcoming. We are hearing the republicans are in the midst of crafting their own proposal to take to the democrats and we also heard from President Trump as he resumed his virus presser, encouraging americans to wear patrioticart of a duty. Over in japan, we are seeing outside of point 3 when it comes to trading for nikkei futures in chicago. More earnings on tap along with japanese pmi readings as well. Take a look at gold and soldiers ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

U. S. . Moving on to some currencies, dollar weakness is still a trend at play. We are seeing that play out for the offshore cnh strengthening at around seven. In terms of the yen, 106 is the crucial level for that. Higher option volatility. In terms of hong kong, we are focused on the newtek tech index as part of the conversation. Aussie dollar currently up. 3 . Dollar weakness very much part of the play there. Lets look at what is happening with gold. It has been on a tear, and we are getting close if not touching now record highs. Gold futures above those record 1944, close to 1 gfain gain in terms of futures. I believe the record was around 1923. Looks like we are about 1 or so away from that record price. Its 1923 or 1921. Anyway, we are edging close to that record price. Weakness. Lar silver gaining close to 2 . The 10 year in the u. S. Yield is a little below 0. 6 . Rish. Rishaad were going to bring in banny lam. Welcome to the program. We just outlined, at least tom did, outlin ....

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