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BLOOMBERG The Pulse June 22, 2024 - Vimarsana News

BLOOMBERG The Pulse June 22, 2024

Francine welcome to the pulse. Live from bloombergs European Headquarters. And francine lacqua. Manus and i am manus cranny. We are joined by ubs senior economic adviser, George Magnus. Francine frances secondbiggest bank has posted its second its second its biggest profit since 2007. Manus she spoke exclusively to the banks ceo. This performance driven by trading. The capital is building as well. Investors like the story of the decision this morning. The shares are opening 9 . They like they say it they like the story of cost saving. Nextillion euros for the two years. Of capitalhe raising ta...

CNBC Squawk On The Street June 22, 2024 - Vimarsana News

CNBC Squawk On The Street June 22, 2024

Night. And exxon breaking below the twoday average but taylor swift in have been aty fair prizing the company. At least its still above the ipo price. Earnings coach with a pretty good beat. Cvs plagued by disappointing guidance. In china, investors must wait one day to cover positions and pay back loans to buy shares. This comes one day after the u. S. Shares fell. Shanghai managed 3 . Come firms saying were out, for short selling. This lasts for what i feel that the Chinese Government honestly, i dont think theyre idiots. They watch our show and understand things and they recognize the marke...

BLOOMBERG On The Move June 22, 2024 - Vimarsana News

BLOOMBERG On The Move June 22, 2024

How much does it show chinas concern about the economy . How much will a hurt Companies Selling the to china . The yuan not getting u. S. Much bang getting eu as much for your buck. Out of greece, a deal is done. Greek minister. We want at devil and the detail. It moved a bit. The euro is declining. The dollar rise. Up against 16 Major Trading peers. It is dominating because of the yuan move. China trying to devalue and trying to play catch up as we will speak at the stephen saywell. The dollar has rallied higher against asian peers a global peers, will not see will not seen it. The overall af...

BLOOMBERG The Pulse June 22, 2024 - Vimarsana News

BLOOMBERG The Pulse June 22, 2024

First, china has devalued the yuan, cutting by 1. 9 . Francine that ends a peg to the dollar. The decision led to the currencies against oneday loss in more than a decade. Run us through the Immediate Impact on markets. Absolutely. This was an abrupt move by the chinese. The yuans biggest drop in two decades and a lot of lingering questions, or questions that will spark geopolitical questions that will have to be dealt with with trading partners. Lets talk about the market impact. We begin with equities which saw a more muted impact. The hang seng index now turning negative. The shanghai compo...

BLOOMBERG On The Move June 22, 2024 - Vimarsana News

BLOOMBERG On The Move June 22, 2024

Heels over this bailout. Will they get the money and time for august the 20th . We wait for germanys open, but big hits coming to the automakers in germany. Look what it is doing to commodities. Depreciates, there is less desire to be importing. Copper up by. 4 . Check out what happened to the yuan. This is the dollar higher, the yuan lower. Almost a 2 selloff in terms of the current for currency. Look at what it has on the rest of the foreign currency. The dollar is up, the malaysian dollar currency falls off. Look what it did to the sycamore currency, down. U. S. Dollar up. Clearly, this is ...