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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

People dead. Apple is reClosing Stores and pepsi is shutting a food plant in beijing. The reserve bank of australia shifting its yield curve policy into Cruise Control, saying it is functioning better now than when the qe program began. Shery u. S. Futures under pressure. We are seeing it down. 6 . This after u. S. Stocks dropped the most in more than a week. Stocks are feeding on the record levels fading on the record levels of coronavirus in florida. Industrials and energy leading. The weekeek ended in the green for u. S. Stocks. China will accelerate purchases of u. S. Farm products. It was a slightly in the green sixth session of gains. Oil is under pressure heading towards the 39 a barrel, after it at one point surpassed four dollars a barrel. 40 a barrel. Theres optimism we could see global fuel demand and we had more reassurance from the opecplus groupon output cuts la ....

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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

Opec offers a bleak estimate of Global Energy demand. Saudi arabia is cutting output to its lowest level since 2002. Shery a quick check of the markets. We are seeing u. S. Futures rebounding and gaining for tens of 1 . U. S. Stocks fell to that threeweek low. It was not just the fed chairs comments. We have u. S. Tensions with china flaring again. Every sector on the s p 500 was in the red and it is now heading its worst week since march 20. Take a look at what oil is doing. We are seeing slight gains above the 25 a barrel level, a gain of 1. 7 . This after it fell in the regular to session regular session. We still have some comments from the iea saying it will take more than a year for crude demand to recover. Lets turn to those comments by jay powell. He was clear when asked if they would be in favor of adopting a negative rate policy. Not only did he reject it unequivocally, he also said he would not even consider it. Kathleen ....

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