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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

Rules for Foreign Investors. The strict block count in australias coronavirus epicenter is extended two weeks, triggering warnings of further damage to growth, jobs and mental health. Of how u. S. Snapshot markets wrapped up friday. We saw the s p and nasdaq falling to a twoweek low with the spotlight on options trading as mega cap tumbled, the worst week for the s p since june. Gains in financials illuminated losses. This morning little changes with u. S. Markets offline for the labor day weekend. Switching the boards. Sawthis morning after we crude drop below 40 friday, stigler that level. Staying below that level. Energies Energy Officials are sing about Global Demand sing taketwothree years to recover to previrus levels. When china reports this morning will be watching numbers on oil and refined product numbers i ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

Territory. The week has had news of ashares cell a share sell. China puts money on chips to counter rising pressure from washington. It has the same level of backing as the Atomic Program enjoyed years ago. Sophie lets get a check on the set up in asia. Some much awaited pullback on wall street. Asian stocks look set to fall. 1930still Holding Around levels and the yen above 106. But when it comes to stocks in china and hong kong, a drop is productive at least 1 . Softbank is said to be considering a bid for tiktok. In the Semi Conductor space, news that china is planning to support the domestic industry, which launched a billiondollar route in u. S. Chip stocks. Also in south korea, watching for any details of a potential in thecash handout budget that could be announced this weekend. A snapshot of the u. S. Close, the ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

The hearing was set before the bank agreed to pay 4 billion. The race for tiktoks assets aress the globe sees we told its been talking to geo platforms. We do have some breaking news crossing the bloomberg. Current account numbers coming through. We are getting the july current account surplus coming in at 7. 5 billion u. S. Dollars. The trade surplus sitting at 6. 9 7 billion in july and we are watching out for some other developments coming out south korea today. Highlevel officials of the Ruling Democratic Party and the government will be meeting to discuss a second cash handout and potentially a fourth extra budget according to local mode media reports and we are expecting perhaps an announcement when it comes to the social distancing measures as well as the coronavirus update to come. Lets take a look at the fed when it comes to the markets. It was a fallback overnight when it comes to u. S. Stocks and driven by a co ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

, warning a significant backer for years to come. Secretaryse cabinet pledging to maintain policy if he wins, but says more can be done. Lets get a quick reminder how u. S. Stocks ended. The s p closing at a fresh record. This in the face of warnings of a k. G. Recovery and pessimism relief bill. Tesla dropped as much as 15 after Bailey Gifford cut its stake. We are seeing s p under pressure. Lets check in on oil. Below 42 after slipping to a three week low with upcoming refinery maintenance weighing along with a stronger dollar. The greenback rose the most as the euro slips positioning. Technicals are favoring abounds in the dollar, according to scotia bank. We are shaping up in asia, futures pointing higher, holding above 106. Yoshi keeping big stimulus going in japan. We will be watching chinese tech giants after india banned appser sets set of including baidu. Drivers fueling performance of chinas big tech stocks from march lo ....

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