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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

The backdrop continues to be the coronavirus. New york city finally gets a chance to reopen today. I am waiting to hear the construction outside of my apartment. It has been three months under that stayathome order in new york. A live shot of Herald Square and the area around the empire state building. Construction, add, manufacturing, wholesale trade, and Retail Stores can offer curbside or instore pickup. A former new york state Lieutenant Governor and current member of mayor bill de blasios Fair Recovery Task force. There is really no other person. E really want to talk to today this comes in contrast to the protests we saw. How did the protests affect phase one of reopening . Dick one cannot be certain. I think the Biggest Issue is the revenue loss that the city will suffer as a result of sales taxes and property taxes and income taxes. Its impossible to measure but it is way beyond the capacity fiscally of the city or state to make up for that lost revenue. A function ofs how many

Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240712

And astrazeneca is said to have made a preliminary approach to gilead. A merger between the two would be the biggest deal ever in the sector. It has just gone see it 6 00 a. M. In london. Nejra, welcome back. You went away and you unleashed the burn. I know you are excited. Curvee never far from a steepener. Bondthis momentum in the market be a repricing or is there a risk from jay powell to the bond market . A few bonds at 1 . The older you get, the more enticing 1 looks. Good morning. Bears were really on a tear. Curve is the steepest in more than three years. It is good to be back. Last week was a memorable week. Was it really a turning point for risk assets . That is the question. How high will the hurdles be this week . The ecb went above and beyond last week. Can we expect much from the fed this week . Futures are positive in the u. S. European futures are looking a little negative. Eighth day ofits declines. A lot of that has to do with the euro strength. We have pulled back fro

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240712

Bigger. Astrazeneca approaches gilead for what would be the Largest Health care deal in history. A joint company would be worth almost . 25 trillion. Cheaters. Brents eightday streak is the longest since february as opecplus seals a deal to extend output cuts but worries persist that some nations may not to the line. Payrolls rebound. On employment in america declined. The surprise jobs bounceback does not apply to black americans. Colin powell turns against trumps threat to use troops against protesters. Lets take a look at what is going on in futures. European futures are not pointing higher right now. We get german industrial output following more than expected. 17. 9 month over month, extending a 16. 5 drop. But even before this news which is just breaking right now on the german economy, we have european futures down. Not seeing the same kind of gains that the u. S. Markets saw after those jobs numbers came out, so not catching up to the u. S. Market. That said, european stocks ha

Astra Confirms Efficacy; U S Cases Top 30 Million: Virus Update

Astra Confirms Efficacy; U S Cases Top 30 Million: Virus Update
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