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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Caroline you know what . I will go for the interruption technique. No, i am going to play nice. By caffeine and sugar. I tried sweet potato with marshmallow on top, and American American top, an delicacy. Not so sure about it. Onathan a quiet day ahead both sides of the olanta. Caroline of the atlantic. Caroline this is like a black friday of no other. We will have empty stores. Everyone is online. But those traders will still be logging onto their computers. I feel as though perhaps we are going to get a little more activity than we use to. Certainly we sought on the cryptocurrency front. Jonathan we start with equity futures and work our way through the bond market, foreignexchange as well. Equity futures up about seven on the s p 500. We advanced 0. 2 . Outside of that, and the bond market, mentioned the bid into treasuries. Yields coming in on the 30 year to 0. 86 . Eurodollar, some really big calls coming through. Theres a feeling that maybe next year is a repeat of 2017, when we

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Tested positive. 10year fore spanish bonds and portuguese bonds ever lower. Yesterdayorld shifted in the United States of america. We are on the cusp of a constitutional crisis. I have no idea in america how friday is going to work. The president is clearly inserting himself on a constitutional basis into the state crisis in michigan, and into wisconsin. What im watching friday is simple. Vice president pence travels to georgia. It will be fascinating to see if he makes Public Comments on this contested election. Absolutely, tom, and we are also trying to find out what the next step is. Lets get to first word news in new york city with ritika gupta. Ritika good morning. Another legal setback in President Trumps bid to overturn joe bidens election victory. Last night a federal judge denied a request to halt georgias certification of its election results. That is supposed to take place today. According to a hand recount completed wednesday, biden won georgia by more than 12,000 votes. Me

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Stocks . Tom i agree that it is secondary or tertiary but at the margin was the list in the markets today with presumed stimulus, government to the rescue and all of that. I wonder if it has a good feeling to it versus what we have seen over the last two weeks. Francine do the markets move on just a good feeling . Paul do you remember . Ts a good feeling to know im thinking 1970 one. Francine its a good morning when you sing to me on air. Lets get straight to the bloomberg first word news, heres riddick a group that gupta. gerard the first question had to do with the coronavirus after the squared off they squared off. Thetor harris you respect American People when you tell the truth and have the courage to be a leader and speak of the things that you may not want people to hear but they need to hear so they can protect themselves. Pence when i look at their planet talks about advancing testing, grading pbe, developing a vaccine, it looks like plagiarism. Which is something joe biden kn

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Superb compared to america, and frankly, many other countries. Can you feel that in the nation . Is the nation aware of the success of that . Feels very different, i have to say, tom. Bringing them down is one thing, allowing them to spike up in the first place is another. And a lot of criticism around the govern how it handled the initial stages of the outbreak, and in particular the care for the elderly, allowing it to take off the way it did in care homes. Tom it is interesting to see and we will be covering this throughout the week, from Johns Hopkins university as well. This final week of the summer in america, late labor day, september 7. So it is sort of an odd and to the summer at least here in america. Right now on monday, here is ritika gupta. From recovered patients will be expanded to more sick americans, access to the promising therapy even before we fully understand how it works. The Financial Times recording that the white house is considering crosschecking the Oxford As

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

The markets tell a story of what is going on in investor mood and fear. Projections that should be out very shortly. Overall, the focus is on gold. Ever higher, piercing a record as the dollar is sinking. European stocks open lower in general, but the focus is on the treasuries edging up. If itt figure, let me see is out already. It is a good indication on the back of pmi figures better than expected. Index, 90. 5 and a bit better than expected. Lets get to the first word news with leighann gerrans. Good morning. Spain is criticizing the uks returnerso quarantine amid a surge. They say spain is a safe country and working hard to keep infections under control. Alsosh airways and easyjet hit out at the decision, saying it adds to more uncertainty for british travelers and their industry. Europes economy is set to outpace the u. S. Thanks to very different responses to the coronavirus crisis. Surging cases in america are putting the brakes on its rebound, but in europe, many former hotspo

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