BLOOMBERG Bloomberg July 3, 2024
Welcome to daybreak australia. Im haidi stroudwatts in sydney. Time Annabelle Droulers in hong kong. We are counting down to asias major market opens. Shery fed chair Jerome Powell signals rates will stay on hold while leaving open the possibility of a neuter hike. It does not feel like policy is too tight right now. I would say the evidence is no. Haidi traders digest remarks in the potential escalation of the conflict in the middle east. The s p 500 notching its Third Straight loss and 10year treasury yields approaching 5 . Shery israel shifts its approach to a ground war in gaza as the u. S...