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BLOOMBERG Bloomberg Technology July 12, 2024

Plus the health of the u. S. Economy, jobs rise. To fun of limit rate falls 7. 9 , participation also dropping. We begin with breaking news, we are continuing to get updates from President Trumps condition, a lot of information coming from washington as we mentioned, doctors say the president is feeling fatigued, but in good spirits. We also learned he was treated with the regeneron antibody cocktail that is not available to the public yet. Our david westin is with us now to give us the very latest, we have not seen a tweet from the president sets since he announced his diagnosis yet last night, we have not seen him in public. He was supposed to be on a call that was replaced with Vice President mike pence, what is the latest we know . David mark meadows said he talked to the president and was in good spirits, but then we got from therandum physician for the president who as ....

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BLOOMBERG Bloomberg Markets European Close July 12, 2024

End. Reversing what we saw last week, 128 handle on the cable rate. We saw bank of england pushback earlier. Eurodollar, we are trying to get a 116 handle. 11645. The virus is setting the tone for growth in europe. Global covid19 cases are topping 33 million. We are nearing one million in death. Angela merkel warning germany could face more than 19,000 cases by christmas. The u. K. Health minister refused to allow more restrictions despite lawmakers pushing back against government curbs. Joining us from brussels maria, what have we learned about restrictions from different governments . We havent really seen anything new except for what was already announced last week. It has deftly changed in terms of perv Public Perception and tone. Story making headlines across europe is that warning from Angela Merkel that she is concerned about the virus. She is concerned about the num ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

Sector trading higher and you also have the tech sector higher , both up more than 1 . You want to see those financials and Industrial Companies take the lead and that is exactly what is happening today. Another way of looking at that is the reopening trade is doing well, even as this years defense is holding its own. David the one thing that does not move at all our bonds. It seems like the fed has nailed those to the floor. Abigail it is amazing that we have had bonds trading in this range. It does feel that the fed they have even said they have nailed them to the floor until 2023 unless there is a risk off scenario that would cause a bid to bonds, which would mean yields would fall lower. You may see yields hang out in place. It is interesting, your point is proven today because you have the major averages up more than 1 , up for a third day in a row and yet bonds are basically flat. On a day like today you would want to ....

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BLOOMBERG Bloomberg Markets European Close July 12, 2024

The banking index very much under pressure. Names like bnp paribas dragging at lower. Rising case count likely to put pressure economically on europe. That is going to feed back into the Banking Sector. By 0. 4 . S up arodollar now trading with 1. 16 handle. We are down by 0. 4 . Alix as you were talking about travel restrictions and lockdown light, european leaders grappling with how to bring the virus under control. Hospitalizations are climbing following a surgeon cases. There are concerns about madrid being overwhelmed at a hospital level. Joining us is maria tadeo from brussels. Walk us through what we might see over the next 48 hours. Maria thats right. There isnt a single approach here from every european country from every european government. Every country is doing this differently. France had a record 16,000 cases. Of course, that is much higher than a neighboring country like italy or germany, which the french governmen ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

World. India is expected to become the pandemics worst hit country in the coming weeks, surpassing the u. S. , where more than 7 million cases have been reported. A lack of social distancing and mask wearing is hampering containment efforts. According to a new book from a former staffer, President Trump considered naming his daughter ivanka as his 2016 running mate before nominating mike pence. Revelation comes from rick gates, who in the summer of 2016, was the Deputy Campaign chairman and later became a star witness in the collusion investigation. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie ....

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