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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

What is affecting the markets, especially when it comes to economic concerns. Lets see how markets are shaping up for the asian session. We are joined from hong kong. Isshery, the spreading japan off for the long weekend, which was to mark the start of the tokyo olympics. We are seeing futures for asia pointing to losses. We will be watching to see if those concerns around the u. S. Tech rally will weigh in the region, what the nasdaq looking bubbly. We are also looking to the aussie dollar, holding declines below 71. Is trading atlar the highest level since april 2019 throughout this choppy week. Pulling up the terminal, the asiana is tracking towards 77 after a four month decline, but it has not been able to track to that level yet. Increased option activity this week could lead the way for more gains for this currency pair. In hong kong dollar and offshore yuan options. Yuane seeing offshore taking a breather after a twoday advance. Traders dont seem to be expecting too much
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