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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Curbs. The amount of storage is 300 higher than a year ago. And global virus cases top 7 million in less than a week after topping 6 million. The u. S. And u. K. Show signs of a slowdown. India and brazil are the new hotspots. Taylor lets get a quick check of those u. S. Markets and a reminder of how they ended. Erased all the losses that we have for 2020. The nasdaq 100 continues to post more record highs. You see futures taking that in stride, mostly unchanged after what has been an astounding past few days coming up the big fridays jobs report. The optimism continues here in the monday trading. I do want to see how things are shaping up for some of the asian markets. For that, we have Sophie Kamaruddin here. Are asian markets extending some of the optimism we got in the u. S. . So, even afterestly we got warnings from slowing growth from the world bank. Kiwi stocks adding about one third of 1 at the start. Clawing back year ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

Point on renault. There is no question the labor economy overwhelms everything else. The depression of labor is absolutely front and center into this week. With all the other news and distractions as well, the labor economy, globally, is stunningly week. Francine we will have a lot of folks on unemployment across the world. Ritika in minneapolis, a third night of violent protests over the death of a black man who died in police custody. Protesters torched a Police Station and a number of businesses were also burned. Demonstrations spread to other cities in kentucky over another police shooting. The president called the rioters thugs and threatened to send in the national guard. This came hours after the president issued an executive order seeking liability protection. Earlier this week, twitter began selected factchecks of his tweets. Today, President Trump will announce his ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

In the corporate world office cash and apologies for historic racism. Critics say people want more than just words and serious action is needed. Lets get you a look at the markets. We had a whipsaw session as these comments from jay powell really causing investors to take a step back and consider the amount of risk being put on the table with this record rally weve seen this year. We are seeing on the downside when it comes to trading in u. S. Futures. Down by 4 10 of 1 . Chicago futures, also pointing like a down stock when it comes to trading. Over in tokyo, i should say. In sydney, a downside of 1. 4 . Interestingly, we are seeing that strong rotation from gross into value stocks in the australian market. New zealand, on the downside of. 25 despite rough data that suggests credit card data for may saw a bounce in consumer spending. Story, back to our top the Federal Reserve sent the most dovish signal it could after they didnt ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Across the americas. Texasa sees a record as says covid19 is spreading at unacceptable rates. The u. S. Raises the pressure on Chinese Media organizations, foreigning four more as missions and calling them nothing more than began to outlets. Shery lets get you started. We are seeing u. S. Futures kicking off trading flat at the moment after u. S. Stocks rose. A pretty choppy morning session but technology did manage to lead the advanced. The nasdaq composite rising to a record high, seventh consecutive session of days. The longest winning streak since december. We did get some negative sentiment on rising coronavirus cases in dozen states. The s p 500 did lag this gain across the board. Some sectors like financial and health care under pressure as investors weigh the Economic Impact of a second wave. Take a look at what oil is doing at the moment. Wti right now falling toward ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

The s p thought biggest rise in two weeks. Saw its biggest rise in two weeks. Korea may send troops to the dmz. Seoul remains on high alert. Shery lets get a quick check of markets. U. S. Futures under pressure. We have the s p 500 rising the most in more than a week. We had seen optimism over the u. S. Economy really offsetting any can turns over a second wave of virus infections. Nikki futures unchanged at the moment. We are waiting japans may trade data. The deficit likely narrowed. We had the boj increasing at support for corporate financing yesterday. Futures up 0. 6 . This after the best day in over two months. Yesterday, we did get the rba june Meeting Minutes with more concerns that the economy is likely to need policy support. Gaining. At the moment stocks reversing five sessions. Do watch out for new Zealand First quarter gdp numbers out later this week. Lines getti ....

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