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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

Weeks elections. Saudi aramcos shares advance again ahead of the inclusion and Major International equity indices this week. The worlds most valuable company has gained 17 since the debut. It is 8 00 a. M. Across the emirates. I am in dubai. Im Tracy Alloway in hong kong. I mentioned the yuan strengthening on the back of the stronger ecodata and on the back of the agreement between the u. S. And china on a phase one trade deal, finally. Take a look at the offshore rate, about. 99 this morning. I should mention the fix for the onshore rate came in stronger, the strongest since august 6. The developments will give enough confidence to chinese corporates to refrain from adding to their dollar stockpiles for now, so thats when we sin reason why the Chinese Markets are strengthening. Lets talk about another key asset on the move. Rent crude is down about one third of a percent from a three month high. A little bit of caution around this trade agreement. The limited nature and the lack of de

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