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Transcripts For BBCNEWS Business 20240703

Because of Consumer Prices rise too quickly the American Central Bank will likely push the timing of Interest Rates cut further down the line. On tuesday australias government will unveil its annual budget and we expect measures to ease Cost Of Living pressures in the country. On friday will have more data from china which could or should give us clues on whether consumers are spending with the release of Monthly Sales numbers. Achieve Market Analyst gave us his analysis. Market analyst gave us his Analysis Market analyst gave us his anal sis. ,. , analysis. The latest batch of us analysis. The latest batch of us inflation analysis. The latest batch of us Inflation Data analysis. The latest batch of us Inflation Data will us Inflation Data will certainly front and centre for Financial Markets this week. Maybe it will take down to 3. 5 . If so, in the right direction, if you like, that could give some Market Momentum and other assets like gold and it could take steam out of those us tr

Transcripts For BBCNEWS Business 20240703

Bank will likely push the timing of Interest Rate cuts further down the line. Meanwhile, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on whether consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch is front and centre for financial markets. We are hoping to see maybe it will take down, two, three, 5 . If we see it heading in the right direction, then it could give the markets and momentum, as well as other assets, such as well as other assets, such as gold, and it could take some steam out of those us treasury yields, which remain elevated. But on the flip side, we know Inflation Data can be uncooperative and if it starts to edge higher, we have seen cases of that in the past, it could upset some of the confidence in

Transcripts For BBCNEWS Business 20240703

Prices rise too quickly, Americas Central Bank will likely push the timing of Interest Rate cuts further down the line. Were also watching this week, on tuesday, australias government will unveil its annual budget, and were expecting measures to ease cost of living pressures in the country. And on friday, well get more data from china which should give us clues on if consumers are spending with the release of Monthly Retail sales numbers. Tim waterer, chief market analyst, kcm trade, gave us his analysis. The latest batch of us Inflation Data will be front and centerforfinancial and center for Financial Markets this and centerforFinancial Markets this week. The hope is it would take down to 3. 5 , if so, if we see the head in the right direction then that could give some Equity Markets a momentum, other assets such as gold could take some sting out of the us treasury yields which remain elevated. In the flip side, we note inflation can be uncooperative and if it edges higher, weve seen

Transcripts For BBCNEWS BBC 20240703

Of the ancient games. The gentleman speaking at the moment, the president of the Olympic Committee in greece, he is also a member of the International Committee. You can see the ancient remains of the 2600 year old temple, where this is taking place. What will happen is the flame will be lit and then it will be handed over to the paris 2024 olympic team. The relay will stretch from the acropolis to the south pacific. As you can see, there are hundreds of people at the ceremony and it is the First Time Since the covid 19 pandemic when of course there were toned down events for the tokyo olympics, that spectators are able to attend the Torch Relay Events and this flame Lighting Ceremony. We are expecting that flame to be lit in the next ten to 15 minutes. We will come back to that as we see it. We will have full coverage of that line from olympia as the flame is lit to head towards the paris 2024 olympics, which, of course, start injuly of this year. We start this hour with the latest de

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