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Transcripts For BLOOMBERG Bloomberg Markets European Open 20240713

Hong kong Police Surround protesters at a university standoff. Chief executive carrie lam calls for a peaceful resolution. We are live in the city. Powell goes to the white house. President trump says he protested against high Interest Rates in a meeting with the fed chairman. Boston fed president tells bloomberg the central bank might already have gone too far. And emirates exclusive. President tim clark tells bloomberg he is still interested 737boeing seven dreamliner but does not see the 737 max 8 getting back in the skies this year. We are talking about maybe the First Quarter calendar next year, possibly even a bit longer. In the end, i will repeat the question. The only entities which will sanction the flying of this aircraft are the regulators. It is not boeing. Matt we are less than a halfhour from the european open this morning. I just wanted to quickly point out that we are getting a little bit of a comeback in gold. This is the u. S. Dollar price over the last three days. Yo

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240713

Coming up shortly, we bring you an exclusive conversation with the ceo of Goldman Sachs, it David Solomon. He will join us and give us his take on the banks involvement in the aramco ipo. Let us talk about what is going on in the markets. This is the picture we get from the futures. Cac futures pointing higher. U. S. Futures also suggesting they are moving to the upside on the equity story at the moment. Let us think about where we have at anrom the dow alltime high catching up with the other u. S. Benchmarks. Global stocks up 19 year to date. The trade story is once again guiding the narrative. The Asian Session has been dominated for the most part. Broadly, the narrative around trade is news out of the u. S. And china and that there is as urge going on for a venue to sign phase one. And the discussion of the rollback of tariffs. Some of the emergingmarket equity market going higher and we are seeing money coming out from the yen as well which goes hand in hand with the risk on story.

Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20240713

Down by about six basis points. Time now for global exchange, where we bring you todays market moving news from all around the world, from hong kong to taipei, from london to new york and washington. Our bloomberg voices are on the ground with todays top stories. In hong kong, a Third Straight day of protests this rep to traffic across the city and shut down Public Schools for the first time. Chinese state media warned of consequences if the violence continues. Going to me on the phone from hong kong is karen leigh. Give us a sense of what is happening there. Karen i feel like i say this every time i talk to you now, but there is a bit of a new dimension here today. Schools were suspended for the first time during these protests. They will not be in session tomorrow. Some universities canceling classes for the month or even the semester. People start to realize that maybe this violence is going to go on longer than just these few days. We saw carrie lam say yesterday she wasnt going to

Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20240713

World. Our bloomberg voices are on the ground with this mornings top stories. We want to start in hong kong, where the chaos continues. Police and protesters clashed again after violent weekend standups. The Chinese Foreign Ministry Spokesman reiterated beijings support for the police force, calling the protesters extremely violent criminals. Precedent, you can see what is happening in hong kong right now is not a peaceful demonstration. It has turned into a violent protest against ordinary people led by a small group of extreme violent criminals. Alix joining me from hong kong is karen leigh. Walk us through the significance of what happened over the weekend in terms of escalation at the university. Anotherong kong had week of chaos after a week that has paralyzed part of the city. Carrie lam and other officials are urging protesters at the university to surrender, even as activists are calling for more rallies near the campus to support these demonstrators cured police and protesters

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240713

The Prime Minister prepares to ask lawmakers to support his brexit deal. Does he have the votes . We will be live all morning from westminster and brussels. A sterling outcome. Goldman and Credit Agricole remain bullish predictions for the pound, seeing a mediumterm rise to 1. 35 or higher. Kicks off european earnings season with a reiteration of its strong preliminary result. We will speak with the cfo, luka mucic, shortly. Less than half hour away from the european open. Im looking at a three day trade of the pound. We are holding at the high levels we have seen the highest levels we have seen since may. The pound doing quite well at 1. 2925, at one point reaching on 1. 30. Trade to almost it is getting there for sure. Take a look at what we see in terms of the futures trade, just 30 minutes away from the start of cash trading across europe and in the u. K. 0. 2 after s. A. P. Earnings. Ftse futures relatively flat right now. You also see futures gaining in terms of the u. S. Trade.

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