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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

We bring you todays market moving news from around the world. Our bloomberg voices are on the ground with this mornings top stories. We want to begin with china. The government has agreed to cut import tariffs on a wide range. F goods joining us is stephen engle. Break down what we know about the tariffs, why now, etc. Stephen this comes fresh after a trade one agreement a phase one trade agreement. A gesture, yes, to show its lowering trade barriers, but it also wants to spur domestic spending for those 859 products he mentioned, from smartphone parts to food, in particular, frozen pork. All of these products will enjoy lower tariffs, and it comes as china hosts a critical trilateral summit this week that has already kicked off in beijing between china and japan. South korea will also take part. Trade, territorial disputes, military maneuverings, of course, exacerbated by north thoses posturing, and all historical animosities still persist. So those talks should be welcome. Been korea ....

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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Expenses. Regulatory and privacy pressures mount. Dar p china spoke on alphabets ceo spoke about this. The momentum has been great. Ever since thomas has come in, he has continued to invest across the board. Focused a lot on operational teams. It is playing out well in this business. To be inortant for you as many situations as possible. Nejra joining us now is bloombergs opinion tech columnist and Marija Veitmane from state street is still with us. Before this release, alphabet shares had hit a record. How concerned are investors going to be about this latest news . People are fundamentally investing for growth. There was a bit of dip in aftermarket trading. The cloud is becoming a very contested space. We saw pretty much the same from amazon last week, that they are also investing to defend their market share. Investing tole is secure their market share. They do Something Like ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

Look at how we are doing on the sector picture. It looks fairly split. To theng of a bias downside. Materials and the Energy Business look in the red. We will look at the bp share price in a moment. Financials, industrials and health care mixed. No clear picture coming through. Many of these sectors look fairly mixed. Matt we see more stocks losing than winning. Down, 250 gaining right now. If you look at the moves to the upside, you see Louis Vuitton rising, only 0. 5 . Bp up 0. 4 after putting out earnings. You see a lot of metals and minors stocks to the upside. Hsbc down 0. 75 . , a lot ofvartis drugmakers and consumer staples, Household Goods coming down. Diageo also declining. Down about 0. 4 . Lets focus on the fed ahead of tomorrows fmoc meeting. A Third Straig ....

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BLOOMBERG Bloomberg Markets Americas July 14, 2024

120 countries. Im ritika gupta. This is bloomberg. In his 1 00 p. M. In new york, 6 00 p. M. In london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories from around the world we are following. President trump calling for the democrat leading the house impeachment inquiry to be questioned for treason. We have the latest from washington. Looks safe for now. The Credit Suisse board backing the ceo after an investigation into a spying scandal. The coo could take over. Wait. K, now we the company withdrawn its initial public offering. All that in the next 30 minutes. Abigail doolittle is with us, halfway into the last trading day of the quarter. Abigail the dow, s p, nasdaq all near session highs. The dow and the s p 500 set for quarterly gains. Of nasdaq on the cusp whether it may pu ....

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BLOOMBERG Bloomberg Markets European Open July 14, 2024

Resigns. He takes responsibility for the companys spying. The ceo was not involved. Widening the net. President trumps allies are entangled in the impeachment inquiry area giuliani and pompeo are drawn in. And a tale of two chinas. , butnping calls for unity parading is contrasted by street protests in hong kong. Matt less than half hour from the european open. Ike a look at the bund yield have here in my screen. This is threeday trade as usual, but you see the yield continued to rise. This is the picture we see when you look across major 10 year yields. Rising as investors selloff. Does that mean we are going to see a riskoff session . We certainly saw equities rising in asia overnight. Take a look at futures in europe. We see gains here as well on every index futures. About 0. 3s up percent. Ftse futures less than the rest, only 0. 2 percent. What do you see on the gmm . Futures, thats the reason the markets are asking, can we get an encore of the last 24 hours in markets . We are wi ....

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