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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240713

Here as well. Looking at continental europe, spain and france are two countries the hardest hit by the coronavirus along with italy. They are set to ease lockdowns. We have Pedro Sanchez expecting to announce the loosening of measures after the weekly Cabinet Meeting which takes place later today. Later today also, france will be presenting the governments blueprint to the National Assembly on tuesday afternoon, and that should outline how they plan to ease peoples confinement as well. Is the original epicenter of the outbreak on the continent that will soon allow people to leave their homes for the first time in weeks, and that should mean they will be joining other countries including the likes of germany and austria in relaxing of shops to array open up including tattoo studios. In the u. K. , Boris Johnson saying the British Public should keep on obeying lockdown rules to avoid a disasters second wave of this outbreak here as well, coming as the number of recorded deaths from coron

Transcripts For BBCNEWS Asia 20240704

For the Second Quarter. We can provide hints on whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, High Speed Two fidelity international s Catherine Yeung who said china is facing a confidence problem. It is lack of confidence within the consumption and corporate sector. In fact last friday we had julys money supply and aggregate Financial Data released and it was marginally weaker than expected, so tomorrow in fact we have this operations, and while the expectations are there will be no cuts on the benchmark generally speaking, you could see a slight increase of probability of ten basis points rent cuts, so again policy is going to outgrow chains, but it is going to be this continuing tweaking to accommodate. Tomorrow we will get some extra data out. But really what is the biggest problem facing china to get its economy up and running . If china to get its economy up and runnina . ,. , china to get its economy up and runninu . ,. ,

Transcripts For BBCNEWS Asia 20240704

Provide hints of whether the Bank Of Japan provide hints of whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, spoke to fidelity international s Catherine Yeung, who told me china is facing a confidence problem. Just this lack of confidence both within the Consumption Sector as well as the corporate sector. So if fact last friday we had julys M2 Money Supply and aggregate Financial Data released and it was marginally weaker than expected. So tomorrow, in fact, we have this element of operations all the expectations are for no cuts in the benchmark, generally speaking, we could see a slight increase in probability of a ten basis point rate cut. So again policy isnt going to outright change, it is going to be this continuing tweaking to be this continuing tweaking to be accommodated. Be this continuing tweaking to be accommodated. Tomorrow we will aet be accommodated. Tomorrow we will get some be accommodated. Tomorrow we will get some

Transcripts For BBCNEWS Asia 20240706

that gives no one everything they want, but that s the responsibility of governing. this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked ab

Transcripts For BBCNEWS Asia 20240706

this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked about how there will be tougher work requirements for some people in receipt of food a

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