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Transcripts For BLOOMBERG Bloomberg 20240704

Minutes. We will be talking about the banking space in china and what worstCase Scenarios might look like. On the back of discussion on how they deal with local government finance. It is part of unlocking the narrative in china. Session highs on the benchmark, should be day number seven. That should be the longest in about seven months. 171 right now, we are breaking above the key that should be the top end of the range. 4649 the hstech index. This rally certainly continues the risk on mood. More earnings and more bank decisions. Rishaad just under two point five hours before we get the latest rba decision. Overall, it is this rally we are talking about and it has been predicated upon the hope of stimulus, the announcement of stimulus moves. Michael says there is very little in this. He sexually not deep enough essentially not deep enough. Not giving any real practical moves to do so in terms of fiscal space and that what really ne ....

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Transcripts For BLOOMBERG Bloomberg 20240704

Asia where we count down to asias major market open. Haidi apples sales disappoint overshadowing record Quarterly Services revenue. Amazon gaming after the bell as the outlook beats the street. A risk off following a slump in u. S. Stocks and bonds focus shifting to fridays jobs report for clues on the feds next steps. Donald trump pleads not guilty in a washington courtroom on charges of trying to obstruct the 2020 president ial election. It election. We are getting news when it comes to singapores ocbc reporting Second Quarter net income of 1. 71 billion sing dollars. A little shy of 1. 7 4 billion. Being declared of 40 sing cents. Net interest margin at 2. 26 , the estimate was for 2. 25 . The common equity tier one ratio sitting at 15. 4 . Noninteresting cover, one point z7 bion sing dollars, a little bit of a beat on expectations, total income at 3. 6 billion be on e ....

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Transcripts For BLOOMBERG Bloomberg 20240704

We are counting down to asias major market open. Haidi treasury features are higher as fitch cuts u. S. Credit rating citing worsening debt and deficit and an erosion of governance. Janet yellen blasts the decision saying it is based on outdated data. The white house is blaming republican extremism. A grand jury and date donald trump on the attempt to overturn the 2020 president ial election. Shery Inflation Numbers from south korea for the month of july, the headline numbers is a gain of 2. 3 year on year. Coming in low expectations by economists not to mention it is easing from the previous month. The slowdown in inflation was pretty much expected due to the comparison with elevated figures during the month last year. Month to month numbers a gain of. 1 which is again below economist expectations. We are expecting this number two perhaps push higher in the month ahead. This is after julys heavy rains could apply pressure on t ....

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Transcripts For BLOOMBERG The 20240704

I watched your interviews, so i know how to do some interviewing. [laughter] ive learned from doing my interviews how leaders make it to the top. Jeff i asked him how much he wanted. He said 250. I said fine. I didnt negotiate with him. I did no due diligence. David i have something i would like to sell. [laughter] and how they stay there. You dont feel inadequate now because being only the second wealthiest man in the world, is that right . [laughter] Dan Doctoroff is a former deputy mayor of new york city and former ceo of bloomberg. I came to know him a few years ago when he created target als to raise funding to help cure als, a disease which killed his father and uncle. Recently, sadly, dan was also diagnosed with als. I sat down with dan at bloomberg recently and talked about his life, philanthropy, and his desire now to do what he can to help cure als. Dan, recently, about a year ago, you were diagnosed with als, which is a ....

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Transcripts For BLOOMBERG Bloomberg 20240704

Welcome to daybreak australia. We are counting down to asias major market opens. Kathleen good evening from new york. The top stories this hour,apples iphone sales disappoint overshadowing record Quarterly Services revenue. Amazon gaining after the bell as its Sales Outlook beats the street. Haidi u. S. Stocks fall as the bond market slide deepens ahead of fridays jobs report. The bank of england signaling a long period of higher rates. Kathleen and donald trump pleads not guilty to trying to obstruct the 2020 president ial election. A quick check on wall street. The stock market had some movement, waiting mostly for apple and amazon results after the bell. The big story, the treasury bond market, the 10year note fell about. 75 points. 4. 17 , the highest since november. The yield touching 4. 1 . Adp employment numbers yesterday suggesting maybe the u. S. Payrolls tomorrow ....

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