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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

By market. Indonesia coming online. You are seeing a marginal gain. Although when it comes to the virus, the deadliest day yet in indonesia. The story is chinese stocks. The csi 300, we are up another 3 , extending the fiveyear highs. All four of the major benchmarks in china in overbought territory. Is it the case of foam a of fomo . The topix up by 1 . We expect the earnings season to kick off with consumer stocks. The market has underperformed as of late. We are also watching currencies. We mentioned the dollar, posting the drop. Across asia fx, a strong renminbi. Risk on move today. Brent crude, hovering around the 43 mark here. Commodities gaining ground in the second half. Copper futures slightly lower today, but up last week for the seventh straight week. Lets get context with our reporter. There seems to be a very clear upward trend when it comes to virus infections in the u. S. Several other economies have reopened. How do you see that affecting markets right now . Reporter ri

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

Cases continue to surge at home and abroad. The World Health Organization reports a oneday high for global infection. Japan plans to pitch for ancial workers under g workers uneasy about their future. Lets take a look about a look at how markets are setting up. Asian risk assets likely to see a selfstarter this monday as a sections are weighed up against improving Economic Data. We have a calendar today with hong kong pmi and indonesian Consumer Confidence on cap. Kiwi stocks, little change. Fluctuating. P moving to a 10th of 1 . Haidi to our top global stories, one that is going to preoccupy markets in the second half. Local coronavirus cases topping 11. 3 million. The World Health Organization reports a single day record in new infections globally. Cases any the u. K. , south africa, japan and the philippines continue to rise. The u. S. All the daily infection rates low. Calling for more restrictions to curb the outbreak. In australia, nine Public Housing tower blocks with 3000 peopl

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