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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Moment as we look at the labor economy of the united states. ,resident trump out front giving his strategy on the adp report to dovetail a big number for friday, with the reality of the adp report in 14 minutes. Jonathan i think we are both lost for words over this one. Adp report around 15 minutes away. The estimate, positive 1. 2 million. It continues with claims tomorrow and concludes with payrolls friday. The churn beneath the surface, we talked about this so many times. Claims only show you one side. We will try to get the net of things friday. Really unpredictable. Tom i agree, adp is a little squishy. It is likely john swann axios interview. Theres a huge margin of error on the jobs report. How do you see the bond market set up for the margin of error of fridays report . Lisa heres a question, are we already seeing a policy error with the delay of some sort of stimulus package . Are people going to be trying to find other reasons to take a move . I will say the bond market right

Transcripts For BLOOMBERG Bloomberg Surveillance 20240713

We have had six weeks of gains free u. S. And european equities. The longest run of gains like that in two years. The s p 500 hit another record on friday and we look to be on the front foot albeit in a muted fashion today. The seven that cut to day reverse repo rate in china which made the list in particular chinese equities. The 10 year yield dropping last week. We slid down from ed handel we had on november 7 and now back up basis point. What it will take to take us back up to 2 . A crucial few weeks ahead as weve had some positive news on andu. S. China trade talks Boris Johnson said all conservative candidates will back his brexit deal if he wins the december 12 election. Of course his party leading in the polls the moment. Coming up we will speak to u. K. Labour party leader Jeremy Corbyn. Dont miss out at 1 00 p. M. U. K. Time. We begin with evaluation target for aramco with saudi arabia to add as low as 1. 6 trillion per thats well below the much touted 2 trillion. It would all

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