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BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

2. 2 on the hang seng sessions. That should take us below the 100 day moving average. Jakarta, nothing much so far. It would take the trunk of Southeast Asian markets. We should be looking at some steep losses. Mse i china down to percent. We are watching out for that. The bonsall of taking place separately. We are softer in crude but it has not been solved for seven weeks of gains on this. Yvonne it is interesting. When you look at how the little space everyone has been pressing down the slowdown in china. Youre not seeing that and it will markets. We will demand in china is looking strong gi...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

Are at levels above 460 once again where we started last week. The 10 year yield is at 418 and much more Economic Data and this week before the fomc next week. On the equity side, looking at the biggest losers, nvidia, apple and tesla are dragging the index lower. Dollar tree shares are having the worst day in nearly a year after announcing plans to shutter about 1000 stores in an effort to improve profitability. Valero Energy Continues to rise ever hitting a record high yesterday with energy the best performing sector in the s p 500 today. Earlier today, former new york fed president bill dud...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

Coming up, a hud payrolls number is met with cool wages and report spurs investors to lock in the rate cut. With all of the focus on the fed , credit issue it sets another record. We begin with the big issue. Fed watchers soak in the data. This is an ambiguous report. A positive story. Jobs numbers have exceeded expectations consistently. This economy is not as fragile as people think. Labor Market Holding up. The market will interpret this as good news. The soft landing is priced in. You have to take the fed at its word that three cuts is probably the likely place. It is still a solid economy...

BLOOMBERG Bloomberg July 4, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 4, 2024

100. Yields lower. We will talk to anne walsh about the biggest missed price in the market right now. Can it compete with the european heavyweights . From new york, im alix steel with my cohost johnson. The Market Reaction and of itself is not a reaction, cpi data. The question is how that disinflation trajectory moves from here . Alix that is the key question guy that is the key question. Some believe it could stabilize from here. The market still has cuts priced in early on the exterior. May, the first price cut. Is that the reality of the situation or will the fed look at the risk of inflat...

CNBC Fast July 4, 2024 - Vimarsana News

CNBC Fast July 4, 2024

Decline and a loss of momentum in the market overall. Steve, this is one of those situations where over the last couple of weeks there have been folks who have said the market has been hot this year its due for maybe a breather. Is the problem right now the idea that there is no nearterm catalyst to propel things back towards the upside yeah, but you could argue there were no nearterm catalysts to propel it to the upside from the beginning of the year in fact, there are negative catalysts that should have propelled it downward. I dont think its necessary catalysts. The market was tough to figu...