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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Before the first tuesday of november. From london, new york, on radio and television worldwide, we are thrilled you are with us. There is market turmoil. Futures terrible earlier, now doing better. We are going to talk really interesting dynamics of the depths of the market, which is foreign exchange. We will do that in a minute. Got to look at a president who launched 10 tweets last night somewhere in the vicinity of 2 00 a. M. The president says, watch the great red wave, and that goes to his hope on tuesday. Jonathan and wasnt that the perfect gdp print to take on the campaign trail . Heres the number. Dont mention it is annualized and how big it is. Is it too late to make a difference, given how maybe will given how many have already voted in this election . The difference this time around. S much wider than we have seen at the end of the election, it in a two point lead clintons favor. On the focus of the morning november 4. Somewednesday we will have special coverage for you, but

Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

Distribute 300 million doses of the Coronavirus Vaccine in india. Says it is paired with an Indian Company to conduct phase three trials in india. A top Indian Health official calls the partnership a winwin for india and the world. In lebanon politicians have missed a deadline to form a new government. The deadline was set by Emmanuel Macron who has been pushing lebanon to an act urgently needed reforms. Lebanons struggling economy took another hit when an explosion killed nearly 200 people, injured thousands and caused losses worth billions of dollars. Global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton, this is bloomberg. It is 1 00 in new york and 1 00 a. M. In hong kong. Welcome to bloomberg markets. Here are the top stories. It is fomc decision day. Unveiling a strategy on inflation. Today they have the opportunity to back up their plan with details as they look to accelerate

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Stories. Two turkey just crushed. Story, which you and lisa both mentioned, particularly since oppressor, bonds are going nassar gas bonds are going nowhere. The yield curve control is here. Outside of that, the equity markets are doing well. Materials surging off the march low not really disrupted with what has happened with big tech. That is just one segment of the equity market that has faced severe headwinds over the last couple of weeks. It is a big growth story. Tom a mystery enter friday and growth forward. Im completely distracted. You are going to have to save me. We need an update. Garrison sergio over the English Channel right now. I have got a much bigger announcement. Drumroll. I think we have got a birthday today. She kept it very quiet. It is a happy birthday for lisa abramowicz. Lisa thank you. Another pound is too strong to expect a gift from you. Jon i will do my best. Isa a pair of socks great depending on what this Consumer Sentiment survey is coming up at 10 00 sho

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Middle of may. The key question is why should Americans Care about it because it will rebound right back if it fails this weekend. Jonathan what is failure this weekend . What is success . Will they kick the can european style, or will we see progress . Lisa theres less than a 50 chance there will be a deal agreed upon, something we are watching. 8 30 am, u. S. Housing starts and building permits. Got Mortgage Rates under 3 at record lows. P. M. , former fed chair janet yellen and ben bernanke testifying before congress, signing a letter alongside 28 other economists urging more fiscal support, piggybacking on what a lot of people are saying. Tomorrow, that meeting in brussels wraps up. It is believed to be the biggest meeting of World Leaders since the pandemic started. They are taking measures such as opening bathroom doors with their elbows to avoid spreading the virus. Jonathan why dont they just do it with their feet . Tom this is really important. The Prime Minister of the United

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Published in scranton, pennsylvania. Always a tough coal mining economy there. Scranton, pennsylvania at 15 , but you know it is much higher. Normal, andre near willech will it directly address this American Labor economy. Sequentialespite the month on month improvement we have seen, we expect to see some elevated jobless claims again in around 90 minutes. One of the main things people are looking at is the continuing claims, which are expected to tick lower, a good thing, but not that much lower. We will get those numbers at 11 30 a. M. A lot of people parsing the numbers under that, in terms of people getting relaid off after getting rehired. The u. S. Is also selling 30 year bonds. Yesterday, the auction of 10 year notes came with a record low yield of 0. 65 sent. Interesting to see whether the demand will be there for even longer dated bonds amid a deepening deficit. Heading to his childhood home near scranton, pennsylvania. Interesting he is taking a more moderate approach then so

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