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BLOOMBERG Bloomberg Markets Asia July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Asia July 12, 2024

Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given ...

CNBC Worldwide Exchange July 12, 2024 - Vimarsana News

CNBC Worldwide Exchange July 12, 2024

Good morning. Getting right to the top story you can see right now, the dow jones is implied higher by 225 points, nasdaq still showing relative weakness given the technology selloff weve seen. This is coming after that massive selloff from the major averages yesterday the dow closing down more than 800 points slightly off the lows. In this situation, they are all coming off their worst trading day since june 11. Since monday, all are on track from weekly performances since june one sector snaps the heat. Snapping the win streak when it lost nearly 14 apple saw its worst day since the 20th los...

CNBC Squawk On The Street July 12, 2024 - Vimarsana News

CNBC Squawk On The Street July 12, 2024

A lot of the jobs that have been lost since the pandemic are being recovered. No question it was a much better number than was expected with the headline being 1. 4 million jobs added and the Unemployment Rate going below double digits for the First Time Since the pandemic adding it all up we now have recovered since april a total of about 10. 6 million jobs, which is huge progress, but it also leaves a huge hole we still have 11. 5 million fewer jobs than we had in february which was the month before the pandemic so weve still got to dig ourselves out of the hole and weve still got to look at...

CNBC Fast Money Halftime Report July 12, 2024 - Vimarsana News

CNBC Fast Money Halftime Report July 12, 2024

Jim, jon and shannon lets get a check on markets this hour. Stocks are plunging again. Off theirs worst levels and the nasdaq is the biggest loser of the day led by the Technology Names. The dow was up at one point this morning almost 250 points. Now has done a complete uturn and is down triple digits ina big way. Theyre off 425 points thats off the lows of the day the last couple of days, has it made you frightened of what could be to come no. Not at all i think this is healthy profit taking i think whats going on is this massive rotation from growth into value if you think about it, the russ...

BLOOMBERG Whatd You Miss July 12, 2024 - Vimarsana News

BLOOMBERG Whatd You Miss July 12, 2024

Serious . Today, gains and losses then perhaps we will know the risk off mood has taken hold. So far, there has been some evidence that investors buying the dip. Get huge inflows late last week. I lead you to exhibit a. The excitement around tesla is no more. After getting the Cold Shoulder from the s p 500 index, that partnership as well announced between two of his Key Competitors today. Gm and nikola. Of onethink at the end of the shows last week when you said what are you going to watch , i said tesla. I feel pretty vindicated. There was a surge in a lot of stuff. Nutsd absolutely gone sin...