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BLOOMBERG Bloomberg Markets European Close July 14, 2024

Semiconductors. A lot of the big tech heavy off of apple. I have my eye on the inverted threemonth 10year. You heard from zone he said he wants 30 five basis points before we get too worried about a recession. The financials guide. A london story and european banking story. Citigroup announcing hundreds of job cuts yesterday afternoon. 80 of those in london. That pressure from equity revenue trading. I wonder if this low volatility trading and the pressure it is putting is more a systemic than a cyclical problem. Guy you are certainly hearing it more and more in the banking sector, talking about the fact that people may not be on the sidelines, wreps happening on a more permanent basis. Certainly the hedge fund community, that is an issue. Lets talk about the markets when it comes to the pound, having its worst run of losses in almost three years. The bloomer pound index is trading at a record low. Investors raising serious concerns about the possibility of a no deal brexit. And one co ....

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