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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

Slightly pressured. 650 billion are wiped out in u. S. Equities in one day, yesterday. A lot of it has to do with the dollar. On track for the best week since april. That is hurting sentiment around the region. The aussie dollar is hovering around the july lows. You have more calls for a cut of the cash rate from the rba next month. We see yield heading lower in australia. 105 for yourat offshore renminbi. Slightly stronger for the pboc. Here are where yields are. 67 basis points. We continue to watch whats going on in the aussie 10 year, and the china bond inclusion could happen later on today with that ftse russell. Russell wreste. Could spur inflows into the market. We are watching commodities with the Dollar Strength. The metal is falling off. Silver, copper and aluminum taking the biggest hit in the last 24 hours. The marketre on action we are joined by our mliv strategist in singapore. Question of the day is what i want to start with. What assets suffered most from deleveraging .

The United States Trade Imbalance: The Export Side

The United States Trade Imbalance: The Export Side
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Biden DOJ Says Trump Lawfully Killed Solar-Tariff Loophole

Biden DOJ Says Trump ‘Lawfully’ Killed Solar-Tariff Loophole Bloomberg 3/2/2021 Brian Eckhouse and Susan Decker © Photographer: Zach Gibson/Bloomberg Donald Trump walks on the South Lawn of the White House in Washington, D.C. (Bloomberg) The climate-focused Biden Administration said former President Donald Trump “acted lawfully and fully within his authority” when he killed a tariff exemption for two-sided solar panels, marking a potential setback to clean-power developers. The Justice Department on Monday asked the U.S. Court of International Trade to dismiss a lawsuit by parties including the Solar Energy Industries Association, which in December challenged Trump’s move to stiffen tariffs on imported solar equipment.

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