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BLOOMBERG Bloomberg Markets Asia July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Asia July 12, 2024

Benchmark Interest Rate at 0. 25 . That is expected. We had the debt maintaining it will continue with the policy of 0. 25 for the beginning of next year. They are maintaining the benchmark Interest Rate. This meeting coming after four new cases ending new zealands 100 today virus free run. Perhaps more later on. Auckland back in lockdown. A lot were surprised about the resilience of the economy. They have to weigh the global risks, as well. The qe purchases are interesting, as well. Most werethey have to weigh thel a bit historic pick for joe biden, the first africanamerican. Pick for Vice Pr...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Of the council on foreign relations. Her fourth book is a revelation. Who acts next in this backandforth . Jonathan the administration has been dancing around the issue of the trade deal announced back in january. The president has stopped dancing around the issue. It means much less to me. He repeated that about three times in a News Conference yesterday, and i wonder how that message evolves in the coming weeks and months. Tom i thought it would be a lazy friday, and i was wrong. Let me give you two quick ideas. Of thew the donnybrook republicans in washington. That will be china as well. An...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Agree with you. We really cant underestimate the size of this deal. What i have learned in the last 24 hours, it is only the beginning process. A lot ofi spent time with Wolfgang Munchau trying to stagger the european parliament. Jonathan the signal here is important. Europe is demonstrating they can borrow at the european level and distribute grants accordingly. That was unthinkable 10 years ago. Lisa they are also putting in certain taxation powers that give it more of a federation kind of feel. Europe has gotten its act together. How about the United States . Today we hear potential results...

BLOOMBERG Bloomberg Daybreak Europe July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

A stimulus plan to offset the pandemic and another big week for earnings. Results from sap as europes largest tech companys speak year ceo speaks with us and ryanairs cfo. Speaking of ryanair, weve got numbers coming through from the airline. Tax, quarter loss after 185. 1 Million Euros. The estimated loss was 276. 9. That is a smaller firstquarter loss after tax than was expected. What we are hearing from ryanair in terms of commentary is the biggest fear is the virus second wave and fears are already swirling around that in terms of the news over the weekend with u. K. Imposing quarantine fr...

BLOOMBERG Bloomberg Markets Asia July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Asia July 12, 2024

U. S. . Moving on to some currencies, dollar weakness is still a trend at play. We are seeing that play out for the offshore cnh strengthening at around seven. In terms of the yen, 106 is the crucial level for that. Higher option volatility. In terms of hong kong, we are focused on the newtek tech index as part of the conversation. Aussie dollar currently up. 3 . Dollar weakness very much part of the play there. Lets look at what is happening with gold. It has been on a tear, and we are getting close if not touching now record highs. Gold futures above those record 1944, close to 1 gfain gain ...