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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240711

Approaching that 103 level. That would be a breach of a technical and psychological level. . 99, 2. 7 top the upside. After the biden victory, gold as well seeing three straight gains three Straight Days of gains. Joe biden preparing to take office as the 46th president of the United States. He is moving forward as president elect, launching his transition effort and readying a plan to tackle coronavirus. President trump is refusing to concede, weighing more legal challenges. The people of this nation have spoken. [applause] they have delivered a clear victory, commencing victory. A victory for we the people. I pledge to be a president who seeks not to divide, but unify. [applause] who does not the red states and blue states, only sees the United States. Our work begins with getting covid under control. Economy, repair the ....

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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

You can see individual markets and you can see how we are seeing most of these north asian performers here. Hong kong is up about. 6 . We just heard from carrie lam who said the social distancing measures may be on for a while in the city. Jakarta coming on pretty strong. We are counting down to that rba Rate Decision and the budget announcement. Super tuesday in australia. We take a look at the yield curve as well. That will be the story here. A massive steepening overnight. Take a look at the two and the 10. As well as the 30 year. That yield reached the highest since june as we continue to price in this blue sweep. Powell the fed chair jay speaking later on. We will watch the aussie 10 year. 89 business points for the aussie tenure. The dollar also selling off on expectations of more fiscal stimulus. You do have the aussie as well. That has been gaining ahead of that dual announcement coming through. Heading closer to 6. 7. Hasl ....

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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

Which saw the brunt of the fallout. Billion but in60 the positive this tuesday morning. And now performer coming up by 1. 2 at a 52week high. Samsung among gainers. Numbers we sawp today, 42. 9 declines, a long road to recovery for the singapore economy. Malaysia up 0. 2 . Look at where we are in terms of the dollar, showing a little strength today, up for a third day. Forging rising risks holding the dollar with the november elections approaching quickly. Down 0. 4 , still close to a record last week. Good to see the tencent recovery, but not close to making up for all the losses we saw the last two sessions. Our top story with the u. S. Tensions and china retaliating with sanctions on u. S. Officials. And ahead of those trade discussions. We did a phase one deal, it was a wonderful deal. All of a sudden it means very little, that will never pay the loss of life in our country and around the world. We view china differently than we did eight months ago. Yvonne looking at china differe ....

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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

110 per share the last time i looked. For green on the screen mainland equities. They continue to climb higher. The futures in the u. S. Are flat. We can move it on now. In terms of the dollar, there is some weakness. Trade data out earlier. A bit of a squeeze on the aussie. Concerns about the virus as well in victoria. In terms of the euro, that has been on the tail end. We can move it onto some of the commodities were looking at. This thing in terms of inventories. They have been declining but still concerns about the virus and demands there. Gold is currently at 17. 68. There is the spread that we see. Were are looking at really back termsupport, on pause in of additional stimulus to the economy. Yvonne i was hoping for some type of liquidity or something to reverse that trade. Look at what we are seeing here. The Prime Minister of australia has considered this worse. This is falling in line with what we have seen from other
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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

We saw a stronger fix, some signs of trying to anchor the moves we have seen. Watching the likes of indonesia coming online. We are looking at another day of gains for jakarta. Hang seng, slightly under pressure as we wait for the npc to vote on that National Security legislation this afternoon. Former,ei is the upper seeing a fourth day of gains for Japanese Equities on the reopening. Currencies, hong kong dollar is the focus. You look at pokechecked seeing 775 but speculators are out there. The korean won seeing weakness. And then going lower after the bok cut rates for the record low. Lashed their growth outlook. You look at the weakness in the renminbi, that is not really translated. It is pretty much unchanged for some time. We are watching the euro as well after we saw some fiscal stimulus plan, it should be a big deal for the currency, the euro hitting the strong ....

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