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Transcripts For BLOOMBERG Bloomberg 20240703

Benchmarks here in asia. The nikkei to 25 expanding its loss to one point first 1. 7 losses. A sei being dragged bound down by tech in particular. Hsi down by more than 1 . Csi also under pressure. Evergrande. You will be talking more about that. Take a look at the fx space. We have the dollar consolidating somewhat but its a strong dollar story. Currently, pretty flat. Weighing on the taiwan dollar. Get down by 3 10 of 1 . The offshore yuan currently trading up by 1 10 of 1 . We talk about the yuan, you have to talk about the strongest fix on record in excess of 1400 pips stronger than anticipated. Clear messaging from the pboc, not letting up on support for the currency. Brent crude. Wti crude inching ever closer to 100 per barrel. Putting in place at inflation story yet again. You have to wonder how the federal react. Yields trending higher in the bond market. Similar to what we saw overnight. Lots of big swings for treasuries. 10year gilts in excess of 50 basis points before finall

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