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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240713

Protests take their toll. Shery china continues to push the liberalized market with a more flexible loan. Japan and south korea have come online. Lets get straight market action. Offie the nikkei 225 is. 3 . Best court of the again since 2016. Asian stocks are drifting toward the year end. We are digesting the latest figures. We are going to be getting hong kong trade numbers. Taking a look at was going on in sydney. We are seeing shares snap a threeyear game. Paul lets get you uptodate with the first word news. Wildfires in australia are expected to get worse this year week amid rising temperatures. 122 millions of million acres of land have burned. Nine People Killed and over 950 homes destroyed. Scott morrison says that firefighters battling the fires in New South Wales will be compensated. This is putting additional demands on our firefighters in particular. It means the turnouts and the callouts have been far more extensive than in previous years. This is beyond and above what is

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

In australia are set to worsen this week we will have the latest from city. Sydney. Lets check the market close in the u. S. It was a mixed picture. It touched record highs earlier in the week. We have been managing to gain slightly with those blue chips like boeing and intel leading the gains. We have reports of a record holiday season. The s p 500 barely changed. We have the Energy Sector leaving the declines. Despite the fact that will prices rebounded from friday. The nasdaq fell 2 10 of 1 . Instead of of that 9000 level. Lets see how things are shaping up this week. Sophie weoap are so close to saying so long and farewell to 2019. Pointing tos potential losses in tokyo, sydney and sold. Seoul. I want to check in on one of those movers in wellington. We are seeing metlife care gaining ground and rising over 6 . That is after a takeover offer for seven kiwi dollars per share. On the calendar it is looking pretty light. We will be getting industrial output later this morning. The gov

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

The dow had a close thanksgiving lowvolume trading day. Shanghai on the way up. 6 10 of 1 of the hang seng just. Till 500 points at the moment there below that psychological importance. Lets move along and have a look at some of the other aspect classes that are in play. Taking a look at that taisha in number that came out a short while ago. That has affected bond prices that we see. 10 year yields moving to the upside. Three basis points. This is relatively unchanged. Seven rmb three. Crude oil, 1. 5 up. This is being reversed partly by opecs oil minister saying could be taking place in vienna this week. We could see a deep cut. A cut of 400,000 barrels a day. That means the oil barrels have gone into the action. This is suggesting we have gone through a key level. As a result we are seeing more movement in the downside. True. 8 down. 3. 8 down. In theh price action gold. Certainly, there is little risk there is Risk Appetite will we thought there would not be much Risk Appetite. Lets

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240713

From protesters in hong kong. The u. S. Navy can no longer visit the city. She race to roll out 5g pit the u. S. Against china. We will get telecoms views on rivalries from huawei. Shery breaking news out of south korea. We have the final Third Quarter gdp numbers. Year on year growth of 2 . That is in line with the advanced estimate. Same thing for the quarter on quarter numbers, grown 4. 4 which is the same as the advanced estimate. The year on year number is really staying steady at 2 growth for the past two quarters. We have seen a lot of negative sentiment around the korean economy. A contraction in an investment and a slight slowdown in consumption. The korea government has capex spending so Government Spending has been a kees source of support. Pmiave seen manufacturing recovery for south korea. Still in contraction, but mixed picture when it comes to those export numbers as we continued to see doubledigit declines for south korean exports. Haidi lets get a quick check of how ma

Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240713

Of protestive months in hong kong put the country and financial recession. Shery u. S. Futures unchanged at the moment after we had the s p 500 lower by. 3 . We had industrials and materials reading declines. Of course, we had concerns over trade negotiations between china and the u. S. , not to mention the weaker than expected manufacturing number and also jobless claims rising more than expected. We did get facebook and apple rising after earnings, and that offset some of the losses we saw across the board, but it still was not enough, so we had the nasdaq falling. 1 and the dow using more than 100 points. Lets see how things are shaping up in asia. Sophie after ending the best futuresnce june, pointing lower, kiwi shares off by. 2 as we wrap up a busy week of ecodata and earnings. Alibaba is to report later today. Data from china and korea will likely signal further economic weakness. A survey of chinese pmi in inober might see a pullback october. Were also going to get a bunch of p

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