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BLOOMBERG Bloomberg Surveillance July 13, 2024

Big stories here, francine, the idea in america, the spread of the virus, just getting ready of this hour of bloomberg surveillance, you hear the sirens constant in the background here in upper East New York city. In particularne is of focus on louisiana, and the other issue, francine, picking up the debris of all the those factorsof is able market with a vix of 63 a bull market with a vix of 63. Francine yes, we will have a lot more on the market. First, lets get straight to new york city and bloomberg first word news. Here is viviana hurtado. Viviana we begin with a major change in tone overnight between the u. S. And china. President donald trump and xi jinping pledging in a phone call to cooperate, this in the fight against the coronavirus. This comes after weeks of rising tensions between the two nations. President trump tweeting, we are working closely together. Relations between the two sides are on a critical moment. Now th ....

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BLOOMBERG Bloomberg Markets European Open July 13, 2024

The u. K. In lockdown. Boris johnson ordering sweeping measures to stop people leaving home while President Trump holds off saying the u. S. Is not built to be shut down. And germany stands ready to help italy get through the pandemic. Slow as wuhanilan is ready to lift its lockdown entirely. Just under an hour away from cash equity trading. Let us take a look first at futures. We are seeing gains after asian markets rose. Ftse and dax futures each up more than 4 . We are also seeing gains in u. S. Futures. After drops there as well yesterday, we see green arrows of across the dow and the s p as well as the nasdaq. More than 4 are the futures gains there as well. Visit with Mark Cranfield. Watch walk us through the fed measures. Mark some people are calling it an alphabet soup of measures. They are doing everything from commercial paper through treasury bonds. Every part of ....

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CNBC Squawk Alley July 13, 2024

In the early part of the session, not just the yield curve that dom mentioned but suspensions of dividends from very large european banks this morning as well. And you have the great interview with michael as well talking about that bank and everything hes seeing through that lens, too the other thing in focus, real estate, worst performing sector in the s p today in what is a down day across the board for the major averages coming off the worst First Quarter for the dow and s p ever the other thing im looking at is crude were seeing crude prices come off again after not only the worst month but the worst quarter ever in terms of price fall for crude, lost more than 66 if in the first three months of the year prp you also had the industrial numbers, manufacturing numbers out of europe that didnt look good either john, what are you watching today . Its hard to find good news among tech stocks this morning so much is down. I think it ....

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CNBC Squawk On The Street July 13, 2024

And the estimated number of deaths we will get ism today. Adp is out several european banks are spending dividends jim, how much of this mornings action does reflect the grim picture that the white house set forth yesterday . Its difficult to imagine how, lets say, optimistic people were versus what the president said last night. I think many people in the stock market understood that the numbers were completely understated. You did leave the office saying, wow, that could be just terrible because they didnt caveat it as much as you might have thought they didnt say, all right, but were doing great in this state, this state, this state they said look, this is the reality. I think the reality rolls back some of the 19. 9 gain we had last week in the s p then whats going to roll back the rest is if we have credit problems ill defer to david. David knows behind the scene what day it is today today is the day youre supposed to pay your rent david, a lot of people wont make those payments, ....

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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Biggest gain ever when it comes to wti in terms of percentage. We are losing steam there. We are not seeing a whole lot of movement here today. The offshore is slightly weaker. It does not seem like theres a whole lot of patterns you can actually string together here now that we are excluding japan. Ending the week back to where we started. Tom weve had another downgrade, another cut to forecast growth. Malaysia cutting its 2020 gdp growth estimates to 2 . A contraction of 2 . They are cutting their estimate to 2 on the coronavirus pandemic. Morgan stanley have upgraded malaysian equities. We will speak to Jonathan Gardner later in the show. We can has kim about the applications of that. Another grant outlook for malaysia. Worldwide cases of the coronavirus have reached more than one million infections and counting. Our chief north asia correspondent joins us on the line from hong kong. This is indeed a bleak milestone. Stephen ....

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