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Transcripts For CNBC Squawk 20240704

Week. You saw a lot of the market dip down. Ftse 100 was down. 40 by the close of the trading picture. For the week, the ftse 100 was down. 30 . The week to date, the dax losing around. 25 for the week. It was in record territory the previous week. That was managing to find a fifth positive week in a row. The cac 40 was up more than 1 week to date last week. That was its fourth positive week in five. The ftse mib gained 1. 4 . For the week, you managed to see gains for the stoxx 600 and some of the broader markets as well within the trading picture. As i said, for the ftse mib, it was the seventh week in a row finding positivity. The rest of the data was significant. We are moving into a week with earnings from adidas and vw will be looked at as well. All of that in focus this week and we are going into the uk wage data and gdp number which is interesting to see. The bank of england is looking for a firm er stance when it ca begin to cut rates. Cpi and ppi data is important. 4 down in

Transcripts For BLOOMBERG Bloomberg 20240704

Checking with equities on the cpi print really playing out in some senses. Its a bit of a core reaction to it by equities, but tech dragging the Hong Kong Market down, in particular. That is the yuan at the bottom of the screen. Trading the onshore yuan. Theres a look at chinese or should i say, Hong Kong Markets and tech as well. Yvonne its not just the yen against the dollar, we are watching most of these majors, especially when it comes to the euro. The end this weakest than stew thousand eight against the common currency. We are eyeing 145 for dollaryen right now. Joining us now is our effects and rates strategist, michael wilson, with more. We are getting close to those intervention levels now. Are we really focusing on this now . Are we likely to see anything . Michael good morning. Just above this 145 level, i would think not. I think we have to Venture North of 146, 146, 148. It would have to be done in quick fashion to get the ministry of finance hot and bothered. The way that

Transcripts For CSPAN Defense 20240704

Going to try to keep it concise. We are here to talk about getting innovation into the field and into the hands of fighters faster. It is a perennial topic. I was tempted to ask why we are still here talking about it but i dont want to get too wordy. It is safe to say the acceleration of innovation into the field is unacceptable to almost everyone except maybe china and russia so i, you guys know who the panel is. You can look at their bios to get more on where they are coming from but i just want to jump into it with you, heidi. I was going to redo something you testified about last year. As seen in ukraine, now all commercial technology paired with conventional weapons changed the nature of conflict. To default the department problem range from collaboration should be updated. To reflect the dynamic landscape of today and anticipate the needs of tomorrow. The nations private sector is the competitive advantage and we must focus on improving how the government and private sector work

Transcripts For CSPAN Defense 20240704

Technology. This is about 35 minutes. Good morning. This is a quick turn, so we are going to try to keep it concise. We are here to talk about getting innovation into the field and into the hands of fighters faster. It is a perennial topic. I was tempted to ask why we are still here talking about it but i dont want to get too wordy. It is safe to say the acceleration of innovation into the field is unacceptable to almost everyone except maybe china and russia so i, you guys know who the panel is. You can look at their bios to get more on where they are coming from but i just want to jump into it with you, heidi. I was going to redo something you testified about last year. As seen in ukraine, now all commercial technology paired with conventional weapons changed the nature of conflict. To default the department problem range from collaboration should be updated. To reflect the dynamic landscape of today and anticipate the needs of tomorrow. The nations private sector is the competitive

Transcripts For CSPAN Defense 20240704

Technology. This is about 35 minutes. Good morning. This is a quick turn, so we are going to try to keep it concise. We are here to talk about getting innovation into the field and into the hands of fighters faster. It is a perennial topic. I was tempted to ask why we are still here talking about it but i dont want to get too wordy. It is safe to say the acceleration of innovation into the field is unacceptable to almost everyone except maybe china and russia so i, you guys know who the panel is. You can look at their bios to get more on where they are coming from but i just want to jump into it with you, heidi. I was going to redo something you testified about last year. As seen in ukraine, now all commercial technology paired with conventional weapons changed the nature of conflict. To default the department problem range from collaboration should be updated. To reflect the dynamic landscape of today and anticipate the needs of tomorrow. The nations private sector is the competitive

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