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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

Estimate. The pboc governor says china will implement the phase one deal with the u. S. He said that in an interview with tsinghua. Chinext is down, extending a decline after bearish reversal. China internet stocks were up friday following the ban on tiktok. Some say forget the tencent risk, asian stocks are silly by. Alibaba still a buy. S p. R tech giants on the we have futures in the u. S. 3343. Ng to a flat open, the s p 1 away from its alltime high. This on the outcome of the u. S. Stimulus talks. Also the u. S. China phase one review. We are taking a look at live pictures out of taiwan where alex azar is going to meet the taiwanese president. He is also meeting with taiwans health minister. This is a historic visit. He is the highest ranking u. S. Official to visit in decades, threatening to further stoke tensions between the u. S. And china. Chinese Foreign Ministry spokesperson last week said beijing was opposed to the visit, calling taiwan the most important and sensitive issu

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Transcripts For CNBC Squawk Box 20240712

The kids had a ball we loved it. Jersey was great the people of jersey were great to us. The water by the way the water is i mean, the ocean beautiful. Drinking water in jersey still is probably my only complaint. I have to go brita or bottled. But i got this tattoo which i know that you guys showed off last week. I got a lot of neosporin on it right now. Just to keep the bacteria, thats what they say youre supposed to do but at some point well show it off and do the grand reveal. They asked me if we wanted to show it and i said no he never liked it on twitter and im not sure that he really liked it so you brought it up. I wasnt going to bring it up. To be honest with you, i came to it late i was actually trying to not even be on twitter that much and i saw it and it was too late to start retweeting because it was a day after clearly you had shown it off and i didnt realize that i had sent that picture to you but i didnt realize that everybody would get to see it this way. It was fun.

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Transcripts For CNBC Squawk Box 20240712

I got some sleep you didnt miss much this last week. Kind of Nothing Happened not really actually. What week so much happened. What week are we in its going to be 52 for 52 at the end of 2020 in terms of crazy weeks. Thats true. S p was almost closing at a high im faking now like you. Im not in new york city do you like my backdrop . What do you think of it . Thats what im saying. You look great you look great you look fabulous. Okay. Is this are you old enough to remember huntly and brinkley what are we . What are we trying to pass our self off as here what do you think . Chancellor and tv people were probably trying all right who knows who knows. Let me tell everybody about the craziness of what happened in yesterdays market because the swings were wild stocks were up, as joe was mentioni mentioning, we flirted with the height of it most of the day but then turned late lower late we closed lower later in the day. At one point we should tell you the s p 500 was within 1 2 a percent fr

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

An eye watering loss. Costsosses and rising mean bonuses are set to disappoint. We are seeing u. S. Futures flat. This, of course, after we had the regular session seeing record highs. At one point, topping the record reached in february before the pandemic. Every sector on the s p 500 was in the green. We have nikkei futures moving higher as we have the japanese yen under pressure. We have seen it fall against the u. S. Dollar for the past four sessions. Right now trading around the weakest in three weeks. In sydney, futures higher. We have the aussie dollar listed a little bit higher. We have a softer u. S. Dollar, not to mention higher commodity prices. We have kiwi stocks at the moment gaining ground after seeing the worst day in a month. This as we have rbnz expanding their qe program. Gains in the currency returns, commodity exports, unr holdings qnr holding steady. U. S. And chinese negotiators plan to discuss progress in the phase one trade deal. Pushing toset to be widen the a

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Transcripts For CNBC Mad Money 20240712

Pole vaulted you need to understand this week is about one thing and one thing only it is about earnings first time its been like that in awhile. This is the most overwhelming week ridiculous number of Companies Report at the same time. Let me give you the game plan for navigating a confusing if not impossible to understand period all right. Its going to start with tomorrow we hear from mcdonalds. A restaurant that can thrive in this environment, right . I would be disappointed. Yet results from pfizer that should have a good quarter and want more color on their Covid Vaccine and 3 m needed a better story about how their Safety Division is on fire. Their auto business turned and china is coming back, sadly, i dont think you hadany of that we have the defense in Aerospace Company that will give a glimpse of the broader industry on wednesday. I have a descent feeling about rathion but i fear we wont hear anything good about boeing im concerned about aerospace because we havent seen trave

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