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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Francine one week to go, biden picks up his campaign pace as the senate hands the Supreme Court judge confirmation to trump and republicans. Syphilis Nancy Pelosi Nancy pelosi and Steve Mnuchin failed to make a deal. And chief executive noah quinn cast credit losses. Paybank aims to conservative diffidence. Welcome to bloomberg surveillance. Tom keene in new york, im french on the quad and london. That Francine Lacqua and london. We have hsbc, we talk about dividends. Bp saying it will be a very volatile couple of quarters ahead. Tom the pandemic overlay was still ahead. That was the theme yesterday, far more than the election, it was certainly the talk of new york. Every conversation was about a reinventing of the pandemic. Thee going to try to put nearlyhrough today, not as much damage as you would we are witht here futures up six. Francine and what is also significant is a lot of european countries, there seems to be a backlash against governments that are trying to put too many res

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Cases are stuck. If you go back into lockdown, you will have a revolt. I am more interested in china. We broke the story that they are looking this was reuters they are looking a little more when it comes to renminbi. I did spend a good of time looking this up, on sunday, china clearly said it was trying to push to have a bigger international this means more pboc report. Reutersst report from we broke saying that china will remove a countercyclical factor in the yuan bay point in that direct and may point in that direction. Halt, shelf will its plan to let hedge cut to let hedge funds conceal stock holding. That is a big decision. That is just breaking. Thatll have to see where leads this morning. Futures up six. Dow futures up 20. We will do the data check in a moment. But now, first world news with ritika gupta. Ritika Amy Coney Barrett has been sworn in as a justice of the supreme court. Boothsst of two required administered. Every republican but one voted in favor. Chief Justice Jo

Transcripts For BLOOMBERG Bloomberg Technology 20240712

All ideological views. All backgrounds. Predictable, some of them. It comes from all over except from Donald Trumps white house and allies. You all knew it was coming. You could have set your watch is to it. Donald trump has started his attacks, calling kamala quote, nasty. Mean toout how she is his appointees. It is no surprise because whining is what donald trump does best, better than any president in american history. Is anyone surprised donald trump has a problem with a strong woman or strong women across the board . We know more is to come. Lets be clear, if you are a working person worried about whether or not you will have a job to go to, whether or not you will be able to pay your mortgage, pay your rent, worried about the poison in the air you breathe, worried about your civil rights, even your basic right to dignity, which is under attack with this administration, Kamala Harris has had your back and now, we have to have her back. She is going to stand with me in this campaig

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

It will be fascinating to see how new york city reopens today. Francine talking about phase two and what exactly you need to know. Weve had quite a lot of debate about masks, whether you have to wear them or not, its interesting to see the difference between new york city and london. In london, there are very few people wearing them but they are obligatory on public transport. Theres a very good use of them at least in manhattan, to get out this week and was extraordinary. You are right, we just heard that from jennifer about her beliefs that a mask has a value. News, riddick a. North and south america accounted for almost two thirds of the new coronavirus cases in the latest report. The death toll in brazil has passed 50,000. Cases across the u. S. Surged. There were a record 4500 cases in california and more than 4000 cases on saturday, also a record. Banking when governor Andrew Bailey has signaled a major shift in a strategy for emergency stimulus. He is stressing the need to reduc

Transcripts For BLOOMBERG Bloomberg Surveillance 20240713

Definitely running away from risky assets on virus fears over the weekend. We have a number of cases initially climbing, putting extra pressure on the ftse made. Mib. Down 4 . Travel and leisure down significantly so the fact the epicenter has moved from china, korea, and some of the asian economies in europe, it is freaking out investors, saying the spread may come to europe. But, two. 3 higher, 1682, outside to quality italia and markets. Italian sovereign bonds, dropping quite a lot as italy is the epicenter for the coronavirus in europe. Plenty more on that throughout the day but lets get to first word news in new york city with Viviana Hurtado. Viviana President Donald Trump in india. Moments ago, he said he is countries can reach a great trade deal, as he announced they are to sign a deal worth 3 billion in military sales. It also comes during his official status visit. Mp spoke at a namaste tru event and will visit the taj mahal. Reforms. S want sweeping boats in iran and other

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