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Transcripts For CNBC Street 20240703

Iaii will decline next year. We anticipate the same rates next year as last year. European equity markets pull back and yields fall as german Business Activity contracts for the fourth month in a row suggesting the largest economy is well into the midst of recession. Bond bears retreat. Bill ackman pulled the position on the short position and bill gross is calling concern over the health of the u. S. Economy. And ha anmas releases two m hostages as Emmanuel Macron arrives in tel aviv as diplomatic efforts continue to step up. Happy tuesday. Warm welcome it street signs. We will kick off the show with the latest pmi. The october flash figures. The flash pmi has come in at 46. 5 . That is down from 47. 2 in september. The pmi hitting the lowest level in nearly three years during recession worries. Here is the breakdown. The manufacturing pmi is 43 which is down from 43. 4 in september. The Services Flash figure is 47. 8 which is down from 48. 7 in september. A bit of comments from the d

Transcripts For CNNW CNN 20240703

Photo on your phone, install the free keepsake app. We would love a chance to frame it for you Closed Captioning is brought to you by sokoloff Law Mesothelioma Victims call now 30 billion in trust money has been set aside. You may be entitled to a portion of that money call when 8085920400. Thats when 8085920400 i everyone youre in the cnn newsroom and im jessica dean in new york. We begin this hour with growing fears in Gaza Tens Of Thousands of palestinians flee the city of rafah amid a looming major assault might israels military. Today, the idf ordering the immediate evacuation of more Neighbors Woods In Rafah after the Israeli Security cabinet approved an expansion of its military operations, their Satellite Images show many of the densely populated camps were more than 1 million civilians have been taking shelter suddenly cleared out within a matter of days the idf estimating about 300,000 people have already left that area. And all of this coming amid a new report from the State

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