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Transcripts For FBC Mornings 20240702

Facilities in Eastern Syria facilities used by iranian backed soldiers after 19 attacks against american troops in the middle east, fox news Senior Correspondent mike tobin live from southern wilz the very latest mike . Reporter , that is the most Remarkable Development u. S. Warplanes striking here in the region two bases, in syria near iraqi border used by Iranian Revolutionary guard in response to attacks u. S. Forces in the region 19 different attacks primarily with guided missiles, drones resulted in light injuries to u. S. Personnel, and one u. S. Contributor died because a heart attack scrambling for cover lloyd austin says does not represent a shift to the u. S. Relationship with the israelhamas war as relates to israelhamas war 250 strikes in gaza strip remarkable issues israeli munition hit a tunnel storing weapons for hamas Chain Reaction in that tunnel system, producing a long explosion beyond that israelis on the ground in gaza strip in a neighborhood where says hamas has

Transcripts For FBC Varney 20240702

Hes not. Hes not that person. Hes lost his step. Everybody on all sides of the aisle has recognized that we have a weak american president who is not fully engaged. At this stage, not acting actually has more of a probability of widening the war. It looks like were going to have a lot more of this back and forth, and hopefully we dont have any casualties on our side before we learn this lesson. I do think in the months ahead, that were going to see the 10year bond go over 5 percent. Again, the markets can function with a 10year at 5 percent. It can. It just needs to regroup and build a base. 11 00 eastern time, friday, october 27th. Mixed picture on the markets. Dow down 80. Nasdaq up 110. Show me big tech, please. Took it on the chin yesterday. Some of them are coming back this morning, except for alphabet which is down another 1. 26. Amazon straight up 8 percent higher on amazon. Meta up 2 1 2 percent. Microsoft back to 334. Apple floundering around at 168. Have a look at the 10 year

Transcripts For BLOOMBERG Bloomberg 20240702

Welcome to daybreak australia. I am haidi stroudwatts in sydney. I am vonnie quinn. Intel climbs on an upbeat forecast. The selloff in big tech while bonds rise, janet yellen tells bloomberg the recent you observe revise economic strife. You are seeing yields go up. This is simply a reflection of the strength of the economy. Also, the ftx founder faces prosecution as he takes the stand in the fraud trial. Lets get a quick check on wall street. S p futures tire. Nasdaq 100 futures point to a higher open in the very early going. This after the s p dropped another 1. 2 . That brings the yeartodate gains we have had very mixed earnings in particular from the tech company. Economists are only looking for rise of 1. 9 . A lot of mixed signals out of this economy. We have the 10year yield dropping for basis points. Now it is down to 8343 a barrel. Lets have a look at those after the bell earnings. We have amazon and intel. The market is reacting well to both. Intel is saying the west may be o

Transcripts For BLOOMBERG Bloomberg 20240702

On radio and television, what you need to know, a data check into our discussion this morning. The markets are on the move. Just one icon from the Northern Pacific rim, the japanese yen through 1. 50 is historic. Lisa its not just the yen, the bond yields are continuing to go up and youre seeing softness in areas where we see companies outperform. When we reach a Tipping Point . We are not there yet. Tom Julian Emanuel will join us later. Its real simple, he says the fed cannot be happy. You see that with the unraveling of the two sent spread. Lisa the market maybe is doing the work for them but its not clear its actually doing the work thats needed. We will get a gdp figure today that shows a reacceleration in growth that is not what the fed wants to see. We saw a blowout number yesterday of new home sales. The fed is not counting on this to drive down inflation. Tom im drowning in the narrative. Katherine greifeld is joining us this morning. Gdp, first look, 4. 5 . We are struggling.

Transcripts For BLOOMBERG Bloomberg 20240702

The stock flood in asia, a curve when it comes to the selloff in tech, that was saw in the nasdaq 100. Even in futures trading, extending significant declines. We have seen tech names leading some of the losses across the world. We are seeing skittishness when it comes to currency trading and yen. It is past the key level of 150. We have concerns over where the rba goes, now that the inflation number, even as the rba governor says they will were not terribly surprised. We are seeing repricing when it comes to the expectations in the aussie dollar moves. David yeah. It looks like halloween. Or valentines day. These colors on your screens. Thailand is joining the fun. In fact, that specific market, we have just gone in one direction. We are effectively at 2. 5 year lows on the set index. We are 19,000, nifty futures opening up in a couple of hours. Thailand. The broad pay point pain point. We will talk more about that in a moment. Now just a pivot away and look at the trading session in

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