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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

One progress review should happen soon. More signs offers china strengthening rebound. Sales jumped by one third last quarter to 22 billion. The company insists it is no threat to u. S. National security. Lets take a look at how we are shaping up on this final friday session of the day. Lets get over to sophie he was taking a closer look. What are we watching . Vibes coming through with futures largely higher. We could see some weakness in korea following the drop that we saw for the kospi. On the docket today were looking at cpi from japan. Nikkei futures move slightly higher this morning, while the yen is trading below the 106 handle. Pulling up the chart on the terminal, we are watching to see if tech will bounce back in the region after thursdays selloff which saw the kospi with a big loss and the worst day for the regional tech index since march. Samsung took a hit on the south outlook for to prices. Prices. Outlook on chip potential hits on huawei and delayed 5g. That could hurt

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Transcripts For RT Boom Bust 20240712

17000000 americans earlier this Week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far from sight. Commodities in crypto markets are heating up around the world as traditional equity markets take a breather from their epic rally last quarter well it seems like we are seeing a big asset rotation coming on. In the boom bust cohost Christine Christie chinese regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for or the speculative market while this could be very dangerous especially when you take into account the huge middle Class Population in specially in a country like china weve seen this before and there was widespread market from a previously which created bubbles we had. Tech bubble we had an i. P. O. Bubble we h

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Transcripts For RT Boom Bust 20240712

This is boom bust the one business show you cant afford to miss. In washington coming up extra Unemployment Benefits are running out for millions of american congressional negotiations stalled for the next relief bill and we take a look at the hard hit Restaurant Industry to see how workers and Small Business owners are hoping to shut down for now limited capacity we have a lot to get to so lets get started. A looming deadline for democrats and republicans as unemployment aid expires admin night on friday while the Senate Republicans want to decrease those 600. 00 per week to 200. 00 but democrats that will theyre not settling for less parties are clashing on several sides including Liability Protections for businesses and schools and funding for state and local government now this comes as applications for Unemployment Benefits increased for the 2nd. Straight week in the week ending on july 18th the number of people receiving those jobless aid well they increased by 867000 bringing th

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Transcripts For RT Boom Bust 20240712

Government now this comes as applications for Unemployment Benefits increased for the 2nd straight week in the week ending on july 18th the number of people receiving those jobless aid well they increased by 867000 bringing that total to 17000000 americans earlier this Week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far from sight. Commodities in crypto markets are heating up around the world as traditional equity markets take a breather from their epic rally last quarter well it seems like we are seeing a big asset rotation coming on in the boom bust cohost Christine Christie chinese regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for. Or the speculative market well this could be very dangerous especially when

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Transcripts For RT Boom Bust 20240712

Regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for or the speculative market while this could be very dangerous especially when you take into account the huge middle Class Population is especially in a country like china weve seen this before and there was widespread market foma previously which created bubbles we had the tech bubble we had an i. P. O. Bubble we had a crypto bubble and this is bad because bubbles tend to burst and they leave disaster behind burning a lot of careless investors who really didnt know any better so this mad scramble this time comes as gold prices hit a record high spurred by one investors hunting for a safe haven and also speculators feeling film of seeing these soaring prices and feeling like theyre missing out the i. C. C. Is now barring its climb from opening a new training accounts for politi and platinum basically all Precious Metals and this is to control risk and price volatility now go

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