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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240714

Conversation, lets talk about where the pound has gone today. Initially it fell this morning, that was on the bank of england, one of the hawks turning more dovish. The pound then rose on the news coming through that Boris Johnson had won the leadership conference. Since then we have seen a small fate in that initial rally. The pound is now trading down against the dollar on the day, trading at 1. 24. Lets talk about what we have seen in the markets. For equity markets around the world today. What we are also interesting is quite a strong rally for the sector around europe. Good news coming through from the supply chain. Chinesealso seen the taking a big stake in daimler overnight. Bmw rising on an upgrade as well from morgan stanley. We are seeing weakness in the single currency ahead of the ecb thursday. Down by. 4 . Lets get back to our top story, Boris Johnson is going to succeed theresa may as the u. K. s next Prime Minister. This after a beat jeremy hunt in a landslide victory. H

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