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BBCNEWS Business Briefing July 14, 2024 - Vimarsana News

BBCNEWS Business Briefing July 14, 2024

We start with the cost of borrowing, because the worlds most powerful central bank, the us Federal Reserve, has cut Interest Rates for the First Time Since the financial crisis more than a decade ago. The move disappointed financial markets, not to mention President Trump. They wanted a bigger cut or at least a clear signal that more cuts will come. But the move is part of a global trend of falling borrowing costs from europe to asia to south america as the Economic Outlook grows more uncertain. Lets show you the details. The fed cut its main Interest Rate by 0. 25 to a range of 2 2. 25 . Chai...

BLOOMBERG Bloomberg Daybreak Europe July 14, 2024 - Vimarsana News

BLOOMBERG Bloomberg Daybreak Europe July 14, 2024

Conference. Standard chartered shrugs off trade tensions to surpass expectations with firsthalf underlying revenue. Please speak to the cfo and next. Societe generale beats but revenue for fixed income dips in the quarter. We will hear from the ceo imminently. Matt the Federal Reserve has cut rates for the first time is really, but that only half the story. After the quarterpoint cut was announced, the chairman gave investors more than a little food for thought in what is widely described as a muddled press conference. He described the cut as essentially in the nature of a midcycle adjustment....

BLOOMBERG Bloomberg Daybreak Europe July 14, 2024 - Vimarsana News

BLOOMBERG Bloomberg Daybreak Europe July 14, 2024

The r. B. I. Says they are ready to slash rates further. And not finding drivers. Disappointing sales growth sends uber stocks plunging in after hours trading. They report their biggest net loss ever. Matt good morning. Lets check out some of the data points you want to watch today. First off is the yen, continuing to gain strength against the dollar. The stock traded 106 earlier, now at 105. 98. A new handle on the yen as trade tensions simmer and cause investors to reach for safe haven assets. Also, europound is headed for its strongest level since the financial crisis. Pence almost there, a...

BBCNEWS BBC Newsroom Live July 14, 2024 - Vimarsana News

BBCNEWS BBC Newsroom Live July 14, 2024

Seriously so i think thats an issue. Met Office Weather warnings for most of the uk today, with thunderstorms likely to bring more flash flooding and travel disruption. The premier League Season gets under way tonight as european champions liverpool take on promoted norwich city at anfield. Good morning, welcome to bbc newsroom live. Our top story the chancellor sajid javid has said its a challenging time for world economies as new figures revealed the uk economy shrank in the Second Quarter of this year. The gdp figures show a 0. 2 decline between april and june, the worst performance of the ...

BLOOMBERG Bloomberg Markets European Open July 14, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets European Open July 14, 2024

Stronger level than expected hours after the u. S. Tax beijing and fx manipulator. Stocks shaken. Chinas intervention helps asian equities reduce losses and wall street higher after the worst drop in ae date year. And cutting the session in the u. S. Could the 50 point fed cut come in midseptember . Good morning. Matt where less than half an hour away from the start of european trading. We are less than half an hour away from the start of european trading. Coming down to the the lowest election. E the 2016 the bounce back recovering up to 1. 75 at the moment. Take a look at futures. We saw a e...