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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Contraction for the australian economy. Worse than anticipated, but investors with a moment shrugging that off. Chinese markets under pressure. Quickly moving it along, having a look at what else is going on out there and doing that, of yvonne. With yvonne lets start with that aussie gdp number. The second consecutive quarter for the three months through june. And thee first first technical recession in 30 years for us trail you Australian Household spending well by 12 as lockdowns and restrictions shut out consumers. The aussie dollar against its u. S. Peers. Theres a new warning about the u. S. Economy with a fed governor ating there is uncertainty head. She told the Brookings Institution that america will be to depend on the fed and policymakers in d. C. As the economy continues to recover from the coronavirus pandemic. She says
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RT News July 12, 2024

Good morning this is r. T. International thanks for joining us. A trial relating to the 2015 paris terrorist attacks gets underway wednesday 14 people stand accused of involvement in the wave of terror that shook the french capital 5 years ago the attacks killed 17 people including 12 Staff Members of the satirical magazine charlie or dog of the trial it reprinted the controversial cartoons of the Prophet Muhammad that made them the target of the terrorists the french president of. The magazines right to do so. There isnt a freedom to blast fim which is attached to freedom of conscience im here to protect all these freedoms. Takes a look back at how the attacks unfolded 5 years ago. It started here back in january of 2015 when your harvests forced their way into the offices of the satirical magazine surely 12 was saluted days later came another strike when hostages were take ....

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RT News July 12, 2024

Other thanks for joining us this is r. T. Into the. Trial relating to the 2015 paris terrorist attacks gets underway wednesday 14 people stand accused of involvement in the wave of terror that shook the french capital 5 years ago the attacks killed 17 people including 12 Staff Members of the satirical magazine. Head of the trial reprinted the controversial cartoons of the prophet mohammad that made than the target of terrorists the french president among micron has backed the magazines right to do so. There is in front a freedom to blast fim which is attached to the freedom of conscience i am here to protect all these freedoms. To look back at how the attacks on folded 5 years ago. It started here back in january of 2015 when your harvests forced their way into the offices of the satirical magazine surely 12 were slaughtered days later came another strike when hostages were taken during a siege at a kosher supermarket 4 were murder ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

To be in talks with the u. S. Government to avoid a sale. Lets get started with the quick check of the markets. U. S. Futures coming offline. Down given the rally we saw in the regular session. There was really solid buying throughout the session. A big reversal from the selloff we saw yesterday. The s p 500 saw the best day since june. 500 sectors11 s p up led by tech. Higher. T was also the nasdaq gained. And headingalling toward the 37 per barrel level. This is after it saw the biggest jump since june. There has also been expectation that u. S. Crude stockpiles would extend their streak of declines. We are waiting for the brent open but we have seen it back above 40 per barrel. Of the oil ande gas names here in asia. Lets look at how asian markets are setting up for the day given that we had a rebound we saw in the u. S. Most stocks ending off the session highs. Just half ais percent higher. Sidney futures looking much more positive. We are also getting increasing nervousness when i ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Official cash rate being kept on hold, 0. 25 . They are prepared to provide additional stimulus. Just keeping you crossing these additional lines coming through. Monetary policy needs to support the economy for a long time. The economic recovery is on track. The funding may be ready before the end of the year. There is progress being made on additional monetary calls. There has been a rise in unemployment and an increase in firm closures. These lines crossing the terminal now. They kept that cash rate on hold as expected. Just keeping calm and carry on. You mentioned that november review of the Monetary Policy tool. A lot of questions that they will deploy are negative Interest Rates. This is what the market seems to be pricing in. You see that new zealand 10 year yield ever so slightly get into those record those for yields right now at 47 basis points. Lets check the marke ....

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