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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240714

3. From new york to frank for, Christine Lagarde heads for the euros ofs slowing and the need for fresh stimulus. Shery lets get a quick look at how the markets closed in the u. S. Stockmarkets removing with between gains and losses throughout the session before moving decidedly higher in the last hour of trading or so. We have the s p 500 falling to session lows when we heard from cleveland fed president Loretta Mester talking about the fact she could not support a rate cut. We saw a estate, utilities, communication stocks pulling the market higher. The s p 500 closed 3 10 of 1 higher. It was a session of low volumes. We are headed towards a july 4 holiday and not to mention that trading will help only during the morning session. We have seen a little bit of light volume in this session. Not to mention that we have a lot of ecodata coming around the holiday, including the labor report on friday. Take a look at tesla. This was one stock that moved with a surge in late trading, gaining

Transcripts For BLOOMBERG Bloomberg 20240704

Australia, markets have just come online. Annabelle im in hong kong, county down to asias major market open. Little momentum as u. S. Inflation and retail sales reads are coming, Strong Demand for a 30 year auction. Haidi many japanese workers are set for the biggest wage gains in decades, a positive sign for the bank of japan before he meets to decide on ending negative rate. Annabelle a bill to force a sale of tiktok in the u. S. Has the Senate Setting up a fresh flashpoint between washington and beijing. Haidi let us get you straight to the start of trading in sydney, alphabetically we are seeing already a bit of upside when it comes to trading. We do have a modest gain to close in the session, largely being supported by banks and Consumer Discretionary stocks. We are watching wind stocks again with framing of expectations of those punitive 220 tariffs after three years of being in place. Those are the biggest aspects to this market, gaining yesterday. Look at the aussie dollar, hol

Transcripts For GBN Mark 20240704

Marvellous Tatiana Sanchez. Mark, thank you very much and good evening. This is the latest from the newsroom. Former home from the newsroom. Former home secretary Dame Priti Patel has told gb news the government needs to clamp down on, quote , needs to clamp down on, quote, lefty lawyers to stop illegal migration. She says the attorney general and lord chancellor need to take action over how law firms behave. Thats as the number of Channel Crossings continues to climb, with more than 14,700 people intercepted in small boats so far this year , dame priti warns the clock is ticking for the government to implement its new illegal migration bill we need a deterrent factor for a start and removals and returns my rwanda plan was central to that. The returns agreements that i have put in place and others are now putting in place. We have to get planes leaving country and show leaving the country and show that if you come here illegally , you cant just get a pass , you cant just get a free pas

Transcripts For GBN Sunday 20240704

To landlords up, well to let landlords sell up, well be them if what the be asking them if what the future is for the Housing Market and what their role is in it. All of that to come. But first of heres latest news of all, heres your latest news headunes of all, heres your latest News Headlines with. Ray headlines with. Ray thanks, arlene. Good morning. Its 11 01. Thanks, arlene. Good morning. Its11 01. Heres the thanks, arlene. Good morning. Its 11 01. Heres the latest its11 01. Heres the latest from the gb newsroom and our top story this hour, former home secretary Dame Priti Patel has told gb news the government needs to clamp down on, quote , needs to clamp down on, quote, lefty lawyers to stop illegal migration. She says the attorney general and the lord chancellor need to take action over how law firms behave as the number of Channel Crossings continues to climb, with more than 14,000 people intercepted in small boats so far this year , dame boats so far this year, dame pretty wa

Transcripts For BLOOMBERG Bloomberg 20240703

Good morning and welcome to daybreak australia. We counting down to asias major market opens. David im david in hong kong. Stoxx are set to face headwinds, futures are pointing lower amid the u. S. Holiday. Rba decision today, the bank is expecting to hold its key rate. Its governor phil lowes final meeting. On the housing crisis threatening to engulf surviving developers with about two thirds of the 15 major private builders in default. Breaking, alan joyces is stepping down early as qantas ceo after a bad few weeks for the company. Public anger over a series of scandals. We will get to that story later in the show. In the meantime, breaking news out of south korea, all start with gdp numbers, its not important. Whats inflation are the whats important on the Inflation Numbers. Gdp,. 9 . Just this than it takes you to. 6 . That is the gdp story in line with estimates. What is coming in hot right now is the inflation print which looks absolutely nasty on face value. Up 1 on month on mon

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