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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Francine, went up 15 . That was the kind of move we saw. Last night, and a lot of people missed this in america, exhausted from the election, we nestor8 00 or 9 00 p. M. , barr making these statements. I would suggest this mr. Barr mr. Barr making these statements. He was extremely careful. Every word was chiseled out. For me the headline is the 20year veteran of this under election crimes, mr. Pilger, a herk to james moody, resigned. To me that is the real headline. Francine it is a huge deal and we are trying to figure out what this means for the Republican Party and the strategy possible there. Stephanie baker says it could have something to do with the Senate Election in georgia. We will have plenty more on that. Lets get to first word news with ritika gupta. Ritika President Trumps attorney general, william barr, will let the Justice Department investigate potential voting irregularities in the president ial election. But barr has acknowledged there is no conclusive evidence and w

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Transcripts For BLOOMBERG Bloomberg Markets European Open 20240712

Equity futures lower on the ftse. The s p 500 went down. Bid into the bond market. Into the bond market we go, negative almost 60 basis points on a 10 year. Its like a throwback to our days together five years ago. There is some weight to this. Good morning. Annmarie certainly, it is. Were so excited to have you back. An absolute gladbac bloodbath, nymex dropping below 39 as the resurgence of cases in europe not going to bode well on the demand side. The supplyside worried about libyan oil barrels. Softer. A bit this is the prospect of fresh stimulus. That helped treasury yields rise. Jonathan thank you. Lets get the first word news this morning. We can do that with laura wright. Laura china is laying out a new plan for Economic Growth this week in beijing. President xi jinping is holding a meeting to decide on the next fiveyear plan. Its expected to focus on technological innovation, economic selfreliance, and the environment. But the event is closed to the press. Key decisions wont b

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the markets open in australia. At amp, one of the first stocks trading, higher by more than 20 . This is after they confirmed they have received a conditional proposal from u. S. Based areas, not en

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Transcripts For ALJAZ NEWSHOUR 20240712

A boy caught in the votes and calling for civil disobedience in farewell to the original double 07 the scottish actor so sean connery has died at the age of 19. And in sport tennis world number one Novak Djokovic has suffered a shop defeat in vienna the serbian star was knocked out in the quarterfinals by a player ranked more than 40 places below head. But 1st to turkey were rescue workers are still searching for survivors in the city it is mere after a powerful earthquake parts of greece also felt the effects of the magnitude 7 quake on the aegean sea at least 28 people in or have been killed and hundreds more injured simcoe see all the reports from the city it is mere. This is the aftermath of a magnitude 7. 0 earthquake. Many buildings and as her province collapse within seconds killing dozens of people and injuring hundreds others were buried alive this woman was pulled out of the rubble 17 hours after the earthquake. There are similar stories throughout our province. Here a mother

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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

Regionally, as we saw a setback moments ago from Johnson Johnson. They are pausing the study here on their vaccine after one of their patients fell ill. We did of course look at, when it comes to the china 10 year, we are expecting a big dollar bond sale as well, and details as soon as wednesday. Still Holding Around the 670 level at the moment. Lets look at the rest of the market as we count down to those numbers out of china. Ratentioned in indonesia decision later today, jakarta coming online just slightly higher. Because ofpressure vaccine setbacks, and india as well, we could see a lower open in mumbai. A big power outage yesterday impacted volumes. We also saw inflation surge in september. We are watching fx as well, the dollar pretty steady and the rest of asia affects fx lower after we saw weakness in the chinese currency as well, the pboc made it cheaper to short the renminbi. We are watching the china and aussie tensions ramp up again. We see brent crude and new york crude, p

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