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Transcripts For BLOOMBERG Bloomberg 20240704

Tom good morning, this is bloomberg daybreak europe. These other stories that set your agenda. Wall street notches up a new record high as investors shrug off hotter than expected u. S. Inflation with market still optimistic on fed rate cuts. In japan, the end strengthens at the Worlds Largest carmaker toyota agrees to raise hike demands from unions adding for the case for a boj policy shift next week. We bring you comments from the governor this hour. Plus, another big warning with volkswagen inditex all set to report. Lets check in on markets after a strong session for european equities. Fresh eyes for both the benchmarks in europe and the s p as well. Powered by the days that came through from oracle. Nvidia back with gains of 7 . In europe it was porsche that was the top gaining stock in the session. Futures looking flat despite the fact that the inflation printout was stickier and higher than expected. Ftse 100 futures in the u. K. Looking to modest gains of a 10th of a percent. K

Transcripts For BLOOMBERG Bloomberg 20240704

Really something that has been weighing on equities over the course of this week. We saw it heating japan stocks broadly but tech feeling the brunt of it. Today we are actually moving a little high. It is a reflection of the other theme we are tracking today. The u. S. Inflation print a little hotter than expected but not too hot to really shock markets. We saw stocks on wall street climbing to fresh records. So that is positivity coming into the session. But as we said, a lot of unions in japan will be reporting on wage or pay deals this week, and wednesday will be the heaviest day or amongst the heaviest day for announcements before we get that first tally being reached and reported on on friday. Lets shift into korea now and take a look at what is going on in the session so far. Of course a market heavily correlated within the dynamics of wall street. Unsurprisingly you are seeing stocks moving to the upside. Tech names are the ones to be watching because we saw the likes of nvidia,

Transcripts For CNBC Squawk Box Europe 20171031

Stateside as a special council pushes ahead with allegations, and some concern about tax reform, the implications that might mean for a key legislative win for donald trump the other big news crossing was suggestion thats overall Corporate Tax rate might end up around 20 by 2022 which is underwhelming in terms of expectations for a lore rate of 15 . Just fading on wall street also in asia today disappointment around the data sharper than expected slowdown in the factory growth orders all of that is being digested in europe as a number of corporates are crossing the tape. In the uk, were close to the 7,500 mark as we inch forward by ten points the French Market trades on the flat line. Were not showing you the dax as it is closed today the rest of the markets open, leading into the green the exception is the zurich stock market fade big 0. 1 getting into the big earnings, bp posted an underlying replacement cost profit of 1 1. 8 billion, that has beaten expectations they announced they

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