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CNBC Squawk July 4, 2024 - Vimarsana News

CNBC Squawk July 4, 2024

Tilray, ceo irwin simon is coming up. Having a nice double digit increase this morning. Markets giving back mondays gains and then some on some concerns about china weakness and the macro, moodys drawing attention to some banks, worst day for the kre since may. The vix back we havent talked about the vix. Everything is selling off, except for health care, thats up 0. 50 thats thanks to names were seeing in names like eli lilly, potentially gamechanging studies on Heart Disease from the obesity drugs. Overall, carl, its a selloff kind of day, its broad. The focus continues to be on soft landing...

BBCNEWS Asia July 4, 2024 - Vimarsana News

BBCNEWS Asia July 4, 2024

Shares in Goldman Sachs fell 2 . The catalyst was moodys, downgrading the Credit Rating on several small and medium sized us banks, including mnt bank and pinnacle financial. The red flags raised by the Ratings Agency included a potential recession, as well as problems tied to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time, americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate res...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

4. 50 level, now around 4. 48. We did start the week above 4. 60. We have seen a drift lower after the payrolls print. Cold spot hitting fresh records. I am seeing the best week for gold since october. Midday movers on the equity side. The biggest date decline since november 2022. Analyst glazing analyst raising concerns about the lack of catalyst. In the crypto space bitcoin touched 70,000 for the First Time Ever in coys base and coinbase climbed above its direct listing price for the first time in more than two years. Shares were up nearly 25 this week. On the economic front the february job...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

Approaching midmorning across the asiapacific. Session highs on the benchmark itself. We are looking at emerging markets index, the adage when china starts to go one way, that is where most things go. We are going the opposite way as far as the china story. At least the last 18 months or so, quite a rally that is forming. Weve seen this movie before. It feels a little bit more different when you juxtapose the amount of measures and announcements and pronouncements and promises that have been laid out the past two weeks or so. Whether the data at some point sort of moves with the rhetoric, yet ...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

Ferro, Lisa Abramowicz, and in reordering. Jonathan your equity market is lower. Kicking off the month with that stock is down. We are plunging 29 . These are the issues, discovery material weakness, writing down the value of companies required and replacing leadership over it and why bc. Lisa the kitchen sink was about loan mark reserves and everyone says this is because they crossed the threshold. This raises questions of if it goes deeper than that which to be is more concerning an speak something about the risks of rates remaining higher for longer. Jonathan all things you dont want to hea...