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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

The declines in technology and real estate shares on the stoxx 600 and then the Pound Holding on to declines we saw yesterday as figures show that the u. K. Economy contracted more than any other in europe in the Second Quarter. Plenty more of markets shortly now lets get straight will raise more questions over the governments handling of the pandemic. There are worrying signs the bounceback may run out of steam. Hard times are here. Hundreds of thousands of people have already lost their job and sadly many more will. But i will say to people, although tough decisions lie ahead for all of us, no one will be left without hope or opportunity. Up ina plans to bring tiktok in talks with the u. S. It is likely to take place as soon as this week. We are not certain what beijing hopes to achieve when bringing up the app. It comes just days after President Trump signed a ban on transactions using the app on National Security grounds. Protests in belarus. Protesters took to the streets to have

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

Deaths near 700,000. Virgin australia rescuers are set to outline the Airlines Financial plan. We are seeing u. S. Futures opening flat. U. S. Stocks finished higher in the new york session. They fluctuate between gains and losses. Thestors are assessing prospect of another stimulus measure. Says they try to come up with a timeline on the deal. We expect to hear from President Trump at a press conference anytime now. The s p 500 was way down by financials but Energy Companies led the advance. Oil is losing at the moment. Heading toward 41 per barrel. This after we saw the biggest gain in two weeks. Lets look at the asian markets. Asian stocks are looking at a modest drop potentially ahead of the session. Toyota and honda are reporting today. The yen is holding below 106. China officials are reportedly set to meet around august 15. Barda futures heading higher. When it comes to commodity currency, we saw a lift up there given the rise in oil and metals. Cracked 2000 for the first time e

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

Even about it. I have seen that today just a little while ago and i said what is this all abo it is just a continuation of the witchhunt. It didnt work out for congress, didnt work out for mueller. It did not work out for anybody so they are sending them out around of the country. It is a typical terrible thing they are doing. The witchhunt has gone on long enough. You mentioned Vaccine Developments. Can you ensure the American People that Politics Around the election will not interfere play a role in determining the vaccine will be distributed . Pres. Trump it wont have anything to do. We want to make people better. We want to send them to the areas that most need it. I think we will have something very soon. You said today in a tweet that dr. Birx from Speaker Pelosi for what did you mean by that . Describing the case of the pandemic right now. Pres. Trump i think we are doing very well. As well ashave done any nation if you really look, if you take a look its what going on especiall

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

You have radical left democrats running cities like chicago and so many others that we just had a news conference. Unfortunately, that is the way it is. Thats the facts. When you look at chicago and you look at the job mayor lightfoot sent me a letter yesterday. I think in their own way, they want us to go in. There will be a time when they want us to go in. Right now, we are sending extra people to help. We are arresting a lot of people who have been very bad as far as the coronavirus, as you say, i think we have done some amazing things. I think you will probably see that if you compare our statistics to other countries. And if you look at death rates, etc. , you will see, and especially into the future with whats happening, you will see some very, very impressive numbers for the United States. President , do you plan to do a National Strategy to help schools reopen and reopen safely . Regarding the children in your family, your son and grandchildren, are you comfortable do you plan

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

And california all marking new highs. Australias second largest city is back into lockdown as infections search. Surge. Officials say significant action is needed. Shery we saw this years longest rally come to a halt with the s p 500 selling off for the first time after a fiveday rally. Over an have concerns Economic Impact of the pandemic and virus cases rising. 10 of the 11 sectors on the s p 500 lower most of them down by 1 . At onedaq composite, point, touched an intraday high and finished. 9 lower. Get the Dollar Strengthening and haven demand really stopping that supply brace base. We are seeing further pressure and headed towards 40 a barrel. This is ahead of storage data later this week. We do have accrued inventory reports. Those numbers are coming out later this week, and in the meantime, a survey showing a gap in supplies has expanded, showing how depressed demand is at the moment. Lets see how things are shaping up for the asian markets. Mixed andutures are kiwi stocks are

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