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BBCNEWS Asia July 4, 2024 - Vimarsana News

BBCNEWS Asia July 4, 2024

Wall street was being red on tuesday, bank stocks leading the way. Shares in Goldman Sachs fell 2 . The catalyst was moodys downgrading the Credit Rating on several small and me us banks, including mmt and pinnacle financial. The red flag is raised by the Ratings Agency including a potential recession as well as problem so to the commercial real estate set up. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time americans owed more than 1 trillion on their credit cards...

CNNW State July 4, 2024 - Vimarsana News

CNNW State July 4, 2024

Trial on the trail. Donald trump lashes out after a third indictment. Those indictments arent worth the paper theyre written on. How will he defend himself and will he go to trial before the election . Trumps attorney john lauro joins me in moments. Too honest. A central figure in the new case, the former Vice President ramps up his criticism of his old boss. The president ultimately continued to demand they choose him over the constitution. What does he make of the case . Gop president ial candidate mike pence is next. Plus, on message. With just over two weeks until the gop debate, other can...

BBCNEWS World July 4, 2024 - Vimarsana News

BBCNEWS World July 4, 2024

And early noughties. Now this comes hot the heels of Dissapointing China Trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more than 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Joining me now is janet mui, head of market analysis, Rbc Brewin Dolphin where is this deflation coming from . Good morning, thanks for having me. So, this Deflation Data is mostly coming from food. And also commodities prices like raw materials, energy etc. Ac...

BBCNEWS Asia July 4, 2024 - Vimarsana News

BBCNEWS Asia July 4, 2024

Unified Opec Plus Group d are particularly after and also someone left the cartel. Now were seeing that there and it also a sign that opec plus are really showing a strong defence of 80 a barrel floor in pricing. What theyve done here is really built a fence, surplus will keep the market in deficit with a view for demand and return more strongly in the second half allowing cuts to be unwound and actually deficits to be sustained through the course of the year, keeping that curve, keeping prices elevated. Is this cut priced in then or are we likely to see a bit of impact on brent prices . We ha...

BBCNEWS World July 4, 2024 - Vimarsana News

BBCNEWS World July 4, 2024

It looks like hes going to concentrate more on the households rather than on businesses. And therefore, there are two major taxes that he could hope for, one is income tax and the other one is National Insurance contribution. Income tax is a broader tax and it would cost him more money, whereas National Insurance contribution focuses on people at work and will cost him a little bit less. Yeah, i mean having a bit less money to play with, i suppose, do you think perhaps that might give us a clearer sense of the conservative priorities here . Obviously, we know there might be an election coming....