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BLOOMBERG Bloomberg Markets European Close July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets European Close July 12, 2024

The s p is up. The pmi data driving the euro higher. You are seeing a little bit of a market, buthe bond its not a big one. Its not really reacting in the same way that the rest of the market is. We have some great guests lined up. Hour, up later on in the the former secretarygeneral of nato and former Prime Minister of denmark. We will get his take on whether europe is capable of standing up to china. He wrote an interesting piece today. We will get more on that. Alix to start focusing in on europe and the optimism from the positive pmi, mike mckee joins us now to dig through the details. Mik...

BLOOMBERG Bloomberg Markets Americas July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 12, 2024

Ceos. We have industrials in housing covered. The initial jobs claims yesterday as well as a second potential wave of the virus in the u. S. , lets get to the unemployment claims continuing their decline. Jay powell said yesterday there may be millions of people who do not get back to their jobs and it may be a while before they find jobs again. Joining us is Michael Mckee. If we had gotten this jobless claims number a few days ago the market would have said, it is not as bad as we thought, and today the narrative is different. Michael i would not try to put what the market will say into my wo...

BLOOMBERG Bloomberg Markets European Close July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets European Close July 12, 2024

Out. Alix yields on the 30 year in the u. S. Down 19 basis points. Lets get some more layered a, Julia Coronado joins us now. We have been trying to answer this question, what is driving the dramatic decline and move into safe havens . Onryone has been blaming it jay powells gdp forecast for 2022. Do you buy that . Is notthe feds forecast at all out of step with the consensus in bloomberg, bluechip, all of the congressional budget office, so i dont think that is new to the market that it will be a gradual recovery, and i thought that powells message was steadfast in terms of the feds commitmen...

BLOOMBERG Bloomberg Markets Americas July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 12, 2024

The 10 year yield is seeing a flattening name put on. Crude oil, down 8. 7 . Dive intoa deeper what is going on. Mentiont to commodities. It is across the commodity complex. Copper futures are down. Grim Economic Outlook from the fed yesterday, plus a possible resurgence of the virus here in the u. S. You are seeing one commodity higher, that is gold. Up 8 10 of 1 . The dollar is also stronger here. A weaker dollar is a proxy for risk appetite. But the dollar is indeed gaining 8 10 of 1 . Investors are looking more for safety, less interested in risk assets. There is a lot of conviction in equ...

BLOOMBERG Bloomberg Markets Americas July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 12, 2024

We will talk about in a next hour as well. We will be speaking about juneteenth and what companies should be doing to improve diversity and inclusion with vivian hunt from mckinsey. A big event here in the u. S. , lots of events participating in that in the holiday. We will break that down and what it means for renting for u. S. Companies as well. This could be the Third Largest none december exploration on record for Macro Risk Advisors founder. She will be joining us. We also have all this volatility into the squad winching dust into the cour quadruple winching. How does this play out . One ...