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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240714

Hong kong activists call on the g20 to back there protests their protests against the extradition bill. They want World Leaders to use their influence on beijing. Shery and getting around the huawei blacklisting. U. S. Chipmakers have figured out a way to do it. 14 . N of as much as lets look at the broader markets because we have seen the strength in tech shares. We have seen the nasdaq gained. 3 . We saw equity markets higher in the beginning of the session, but in the afternoon, they started losing momentum. Of course, there is concern over trade tensions ahead of the g20 summit. We saw the s p 500 fall or a fourth consecutive session. We also had some swinging between gains and losses throughout the session. Chipmakers, though, managed to finish up. Chipmakers really had a strong session with the Philadelphia Semiconductor index gaining more than 3 and closing of the highest level in about a month and the nasdaq gained ground despite the fact that President Trump came out saying th

Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240714

Shery Narendra Modi under pressure to make good on his promises in fridays budget. Happy july 4. U. S. Stock and bond markets closed on the Independence Day holiday. Lets see how things are shaping up for the asian market. Sophie tgif here in asia and happy fourth to our american friends. Here in wellington, kiwi stocks opening higher by. 1 . We could be looking at a muted start. Samsung earnings day, and we could be looking to extend gains after being boosted by. Emiconductor suppliers in tokyo, we could see potential at thes for the nikkei end of a choppy week. Tvs is the latest to downgrade japanese equities. Paul thanks very much. Lets get to first word news now with selina wang. Na brexit cheerleader Boris Johnson has told the conservative Party Campaign split forat the brussels is key. He warned failure to deliver brexit could split the nation apart. A poll said tory members would choose brexit even if it meant breaking up the united kingdom. British marines have seized and Irani

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

Investors and say it is a lowquality success. Talking trade again. To u. S. Team may have beijing for new facetoface negotiations if talks go well this week. Shery lets get you started with a quick check up on how markets closed on mondays session in the u. S. Ending slightly higher at record highs. We had a tech rally in the nasdaq gained. 2 . Energy sector and Financial Sector weighing on the s p 500, but aboved unchanged the 3000 level. We had citigroup of course reporting earnings. Theyre treating revenue their trading revenue missing estimates. Every member was under pressure in the session. Japan returning from a long weekend. What is the setup . Sophie nikkei futures in whileo trading flat contracts are falling in sydney and seoul. Gains, withresuming the nzx 50 attempting to breach the level again. The kiwi dollar is holding steady, holding onto the overnight gain as the Inflation Report reinforces the case for the rbnz to cut rates. On the central bank front, the rba polished

Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240714

Hong kong protests take a violent turn. Police fire tear gas and pepper spray and the government condemns vandalism. Shery a quick check of how the markets closed in the u. S. The u. S. S p 500 closing in a record for the first time in 10 days. Chipmakers leading the gains. The Semiconductor Index closing at a three week high after President Trump announced in easing on that band on tech giant huawei. We have the dowd gaining 4 10 of 1 but industrial shares did underperform the bottom market. We have the u. S. Ism manufacturing gauge showing the orders stall the last month and that is coming on the back of factory reports across the world showing weakness in the Manufacturing Sector on the particular sector of the market. The nasdaq gained 1 in u. S. Futures at the moment unchanged. We will see how we will set up for the markets in asia. On sentimentk seems to be persisting so far. We have new zealand trading in the past couple of minutes, up about 1 5 of 1 . Futures and city pointing

Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240714

A 5 billion charge when it reports earnings next week. Shery ahn lets check the markets. Continueat momentum with u. S. Futures gaining 0. 25 . Stocks were down for most of the reboundedssion, then as we have dovish speak from fed officials. Stocksals and consumer leading the gains on the s p 500. We had chipmakers gaining ground, some positive outlook numbers for tsmc, which is an apple supplier. We had a boost from geopolitical news with the word out that iran had offered a substantial deal to the u. S. That boosted equity markets, but then later had news that the u. S. Shot down an iranian drone, so that tempers gains. 0. 3 at theing moment. Lets see how we are setting up for asia. Sophie a mixed start with kiwi shares weaker. Inures pointing higher seoul, korea in sydney on earnings prospects. Gains in tokyo to wrap up a tough stretch into sunday selections in japan. A ramp up in volatility for the nikkei 225. Looking for support after a twoday drop with calls for fiscal stimulus a

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