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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

through the noise to see what that means to the recovery. tom: the markets are very quiet. there is a bid all in all to equities. it is a huge earnings week as well, but you re missing the point. i know we have the leader of china speaking two davos today. you and i right now are supposed to be worried about what tori is going to get us for lunch in davos. the fine cuisine of davos. victoria is in charge of lunch. francine: i love on the iphone, you have memories, so i saw memories yesterday from davos 202019. it was amazing how close we were to one another. the space, the newsroom in davos is as big as a shoebox, and we get 40 or 50 people in there. i look at it and i say those were the times pre-pandemic. it also, how close were we? tom: we were very close. i will be at the piano bar tonight at my dreams in my dreams. francine: we are getting breaking news from joe biden. this is the third or fourth day in a row that a 5:00 a.m. washington time, joe biden is signing ord

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

tom keene in new york. i know we talked about the beautiful fireworks and what america does best, which is show the world its power, it is policies that joe biden will put in place and the fact that some moderate republicans came out against the $1.9 trillion package is not insignificant. tom: but it is not a surprise. it is easy to say president trump was unconventional and we get back to something new and may be familiar as well, but i know i was the only one at 5:00 a.m., and maybe we dragged schenker out of bed. president biden is working at 5:00 a.m. francine: putting up the national strategy we also heard from anthony fauci. i think just 20 minutes ago, speaking at the world health organization. that s get to party schenker, bloomberg news editor-at-large. it is 5:00 a.m. and it is clear that the biden administration wants to get to work. what are they going to do to combat the pandemic? party: one of the things they are going to do that is pretty significant is inv

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240711

awaiting the inauguration, strong data from china amid joe biden s pandemic a plan. beijing-washington tensions rise over will have virus claims and relations with taiwan. we are joined by the former australian prime minister kevin rudd. and the road ahead for samsung. a corruption case has shed new light on big business in south korea. haidi: first let s take a look at how asian markets are faring with the city moment taking place now. sophie: the start of trade, asx 200 higher. real production update. bingo industries in view jumping 20%, rising to a fresh record this after a kalama it made a bid for the waste management company, valuing the company at $1.8 billion. in australia earnings are picking up. morgan s down late cycle is underway forecasting 20% profit growth over the next 12 months for aussie companies. four japan outlook is up for japanese earnings after a positive start to the season. nomura sang upward revisions continue to dominate despite the sluggish econom

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240711

for 100 million vaccines in 100 days. he warned the u.s. fatality may top half a million in the next month. u.s. banks enjoyed surging business last year, but the results are not reflected in staff payouts. compensation is in the slow lan e. sydney coming online. let s get straight to market action with sophie kamaruddin. sophie: a week that saw fresh records for asian stocks. a muted start to trade in sydney with the asx 200 open with little change, to the downside. we digest the flash of pmi readings from australia. kiwi stocks gaining nearly 2% this friday. the kiwi dollar holding above 72 as we digest the latest inflation data which meetings the case for the rbnz to maintain its cash rate for longer. the boj keeping its options open in japan. nikkei futures in chicago opening slightly to the upside, in the green as we wait on inflation data. the pmi update as well. muted moves in the asian session after the tech led rally on wall street. apple rising to a fresh record. ts

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

that president trump had been taking. the executive orders include plans to rejoin the paris climate pact and stop construction of the border wall. we will have plenty more on that . tom, are you seeing anything else? tom: it is a shifting era, 15 orders out of the many more that will be addressed in the coming days. it really signals, francine, the choreography of this day. obviously an original choreography coming back to the sense of the modern inauguration, which i am going to put with teddy roosevelt, and of course you can go back to lincoln s iconic first speech and back to the founding fathers. the ballet of the day begins here in new york and washington, at 5:00 a.m., with significant statements by the new administration. for more on this, let s get straight to marty schenker, bloomberg editor-at-large. 15 executive orders on day one. does this give us the tone and the speed at which president elect, soon to be president biden wants to go? i think it does, francine,

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