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BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Changed no question chair powell changed this market. With the claims today really driving forward that conversation is the real yield, the inflationadjusted yield through 2012 levels. It shows not the gloom, or this word dour used by the fed, but this readjustment going on. Jonathan the data coming at 8 30 eastern. Youve got to believe the gdp print is for economic historians and the jobless claims for this market. Lisa thats exact where i was going to go. We will get the gdp report, the worst in history, and it really is history. No one is going to Pay Attention to that from a market perspec...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Bloomberg surveillance. We welcome all of you. Markets on the move. Price upcoming yields down. With that away important claims number. Jonathan just a sense of risk aversion. Everything you expect playing out. Ive said it before, i will say it again. For most people come of the gdp numbers are for the economic historians. The payroll claims, the jobless claims are for the traders. Intothe high data folds the ugly gdp report. What do you see within your reading of the linkage of the American Economy into your bond market . Lisa that is what i am struggling with right now. I was looking at the ...

BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

One interesting thing is we finally have a little bit of strength for the dollar after the fed yesterday in a while range, now slightly higher. This is tampering gold. A gold rally is on pause. Not a strong Risk Appetite on the day to say the least. David at the same time, we had the big tech hearings with the four ceos getting beaten up. We had some big earnings today. Does it look like tech might be holding up a bit better . That tech hearing yesterday, they lucked out, or investors lucked out to some degree on the fact the fed was also happening that day. That was probably more of a psychol...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Back to the office. Jonathan ferro, Lisa Abramowicz and tom keene. Justews flow this morning in this hour is extraordinary. We are going to take time with david coston on the equity markets. Just importantly, lagarde at the bottom of the hour. Ecbthan we will hear from president Christine Lagarde. The struggle continues to get a clean read on the u. S. Economy. Tom it is two worlds. Its about finance and Morgan Stanley and great. What its really about is we really lose perspective on the tangible hardship thats out there. Lisa we are going to get a sense of that with the churn in the unemploym...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Couple of things. They are looking at numbers of infected across the world, but also the fed decision. Stocks are struggling for direction. Treasuries pretty steady. It is all about the fed, the policy meeting, and what they will give us in indications. In asia, modest gains in hong kong and south korea. They outperformed in china but low volumes. 1957. 157 lets get straight to the first word news in london with laura wright. James the uks looking at ways to loosen its coronavirus quarantine rules after restrictions on trips prompted backlash. One possibility is abandoning blanket restrictions...