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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

That investors will look at. We can change the board and have a look at whats happening in the fx raise. Index,omberg dollar marginal gains up over three days by about 7 10 of 8 . Turnarounde seeing a in the u. S. Dollar, but some of that will be contingent on the stimulus taking place in washington. We had a fix of 6. 9 and that is where it currently is. 6. 98 for your offshore currency. In terms of the aussie dollar, that is flat. The aussie decision is out today and expected to stay on hold. 117. Uro is at milan terms of commodity in terms of gold prices. Still has a forecast of potentially 3000 for spot gold, currently at 1975. Thats what your copper futures are doing. Nymex is down 6 10 of 1 . They have more oil onto the market with demand amid the virus being a question. There is your yield on the 10 year,. 56. Its get the first word news with Karina Mitchell in new york. The and added states remains the focus of the coronavirus pandemic, with several area starting to see faint i

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

15,000. Take a look at the kospi. We are focused on samsung earnings. Samsung warning of a profit slide as this virus squeezes the tech industry. Samsung shares largely after the results came out unchanged. We are watching out for the singapore jobless numbers coming out this hour. 2. 6 , an 11 year high. We see this recovery momentum coming back in offshore chinese stocks. The moving average yesterday when things close, and we are higher here today. Bank of china among them. Dollaryen, a little strength. And some strength for the korean won. Oil remains the story, but take a look at volatility. When it comes to oil contracts, we are leapfrogging of june to july and seeing wild gyrations. We have bounced back after wti auched 10, but we lost quarter of the value when it comes to crude. It looks like volatility will continue. Into julywill roll with the spread of the june and july contracts especially for wti getting rocked by volatility. Tom we will get more on that story in a few minu

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

Lighten up in a bid to get people back to work. The concern here and why these indices are in the red is what if that brings about a surge in the case count. Lets look at what is happening in the broader asian markets outside of china. You can see the asiapacific index excluding japan. Japan is on hold today. Also in the red. S p, futures looking ahead. Under pressure on worries about what suppliers will be doing to supply chains. A lot of them are in south korea and that is now the focal point for the coronavirus outside of china. I want to bring to your attention at the top of the screen, the malaysia stock index. Some political turmoil, news coming out of the Prime Ministers office. Really weighing on malaysian equities, down to the lowest point since 2015. I want to bring your attention to the currency markets. Also want to point attention to the aussie dollar versus the yen. That is not just the currency to watch in asia, but the broader risk barometer. The aussie dollar can be a

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

Tomorrow. There are two definite narratives being played out. To repeat the status quo for taiwan and that is sent autonomy, semi independence from china. Or more integration with the mainland economy. We will preview it coming up this hour and all morning. Yvonne we will see you soon. He does speak with the legislator at large. David lets get a quick check of your markets right now, 30 minutes into the session. About an hour into the taiwanese session. We should still be above 12,000. 2. 5 of the25 is is 28year high. Dont get too excited. Seere continuing to pressure coming into this friday. Jobs numbers are coming out later so that is fun to watch as well. Asare losing some momentum we head into the thick of things. Take a look at the currency markets and then we will talk about futures as well. You and pushing toward 1. 0. Chinese bonds are seeing a steep drop in yields. Su we will start out with the latest on boeing, critical messages from 2017 about the jet have been released to a

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240714

Is something you are trying to achieve . Carrie first of all, in very clear and strong terms, i have to refute the second point. Still verym disappointed that my remarks in a totally private, exclusive session, which is a lunch, actually, which clearly is subject to checks on house roles rules, had been recorded and then passed to the media. I think this is quite unacceptable, ok . So, to further suggest that myself or the government have any role to play in this thing is absolutely unfounded. So, that oinp point has to be made extremely clear. On the first point about resignation, i said on several occasions previously and also reaffirmed by my colleagues and the chief executives office, in response to media inquiries, that throughout this period, from the very beginning until now, i have never, i have never tendered her resignation to the central peoples government. I have not even contemplated to discuss a resignation with the central peoples government. The choice of not resigning

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