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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240714

Massive drawdown, though. With more than the market was looking for. Crude rising. It had been higher on anticipation of a drawdown, but spiking just a little bit more right now. Refinery utilization just a little less than expected, down 0. 4 . Distillate inventories was a drawdown of 2. 5 million barrels. The market was looking for a build. Once again, in line with analyst expectations more than they have been, but still, more of a drawdown then we were looking for, and that is causing prices to rise. Elsewhere in the u. S. , stocks rising, with the dow up 1. 7 , the s p 500 up 1. 4 right now. The Advertising Company ipg is , the highest performer in the s p 500. The stoxx index up on china headlines. A nice outlook for semiconductors if things get stabilize between the u. S. And china. At offshore yuan trading 7. 14 and change. Guy it is a decent move. Lets talk about what is happening with the brexit story in a little more detail. U. K. Prime minister Boris Johnson set to speak are

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