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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

National security and tiktok says it is pure politics. And the official nomination of President Trump at the republican convention. He says his opponents want to steal the election. Haidi we have again u. S. ,arkets with fresh record highs a little relief given expectations of the fasttrack process when it comes to vaccines and therapeutics as well. The s p 500 notching another alltime high, there is optimism the virus will not hamper growth. We are seeing a muted session on it comes to the futures sessions, flat at the moment. Little negative when it comes to the start of trading in asia. The nikkei to do five trading in chicago seeing downside about 1 10 of 1 . Dollaryen holding. The biggest declines in the g10 space was the kiwi and looney. We are also watching the price of crude as we have twin storms approaching. 80 of refinery output in the gulf of mexico has been halted, potentially seeing some impact when it comes to crud ....

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KGO ABC7 News 1100PM July 12, 2024

Catholic high school. People supporting the educators and others supporting the school rally today. Im dion lim. Im eric thomas. They say they were discriminated against, principal says they were let go because of the budget. Race and social justice is something were focused on in efforts to build a better bay area. J. R. Reporter ive talked with the educators let go and also the principal. Our goal is not to bash the school in any way. Purpose is to better the school. Reporter reynolds was recently laid off as pe teacher in petaluma. Reynolds and former dean of counseling were discriminated again. Alleging claims of race discrimination, harassment and retaliation against the diocese. Im a counselor, only in my department, kenyata was only black teacher. Reporter rally held in petaluma. Protesters showed up off letter condemning the firings. Counter counterprotesters showed up to support the school. Principal Patrick Daley addresse ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Jakarta just coming online. Interesting when it comes to the hang seng, we are close to those session highs for the hang seng. Cathay pacific certainly one to watch. Spike onned that brief this governmentbacked rescue plan. We come back to earth a little bit. Still seeing shares elevated a little bit. Chinese stocks slightly lower. We missed on the Inflation Numbers. Small caps in china close to 20 higher from those lows we saw. India futures also pointing positive. We are watching the dollar as well. Down for nine of the last 10 sessions. A little bit of exception with the yen, 107. 79. The hong kong dollar still on the stronger side but kyle bass doubling down on his bet against the peg. We will see what kind of demand there is. Offshore renminbi pretty much unchanged right now. Haslinda lets stay with china. Factory prices continue to fall in may. The country continues to deal with the fallout of the coronavirus pandemic. Le ....

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FBC Varney Company July 12, 2024

The europeans today. Their central bank will pump trillions into the euro zone economy. Thats called stimulus. Investors like it. So the dow is going to be down maybe 100. S p, 17. The nasdaq, about 26. Thats not a big pullback after yesterdays big gain and this weeks very big gains. Opening up the economy, thats a big deal for investors. This week, many theme parks and vegas casinos will open up again, albeit with limited capacity rules in place. And gms Ceo Mary Barra says auto plants will be back to previrus levels by the end of this month. Opening up, very important. Heres what you are waking up to this morning. Lot of boarding up of storefronts in the big cities. That appears to have cut down on the looting. Heavier charges against the Police Officer involved in the killing of george floyd. Its now Second Degree murd ....

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CNBC Squawk On The Street July 12, 2024

Protests and the fallout from joer george floi, but the market and stocks are focused on Economic Activity, period we just keep getting good news its good news off very lowered expectations whether it be cheesecake getting a lot more people than they thought or the airlines this morning. American saying good things. Whether it be ebay pronouncing right now things are better than expected whether you talk a look at a lot of the companies that, you know, morgan stanley, gm, of course this quarter was the weakest, but maybe next quarter will be the strongest. We have a number of Oil Recommendations saying they have come all the way back. So the street is really bullish. After being very bearish you see a lot of price targets that were cut severely are now going back up. Its a kind of dont fight the trend where the most overbought we have been since 2009, but if you go ba ....

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