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Transcripts For BLOOMBERG Bloomberg Markets European Open 20240713

and here are your top headlines. angela merkel and president emmanuel macron back a 500 billion euro recovery fund for the european union. the deal needs the support of all 27 eu members, but the two countries of the biggest payers. president trump called the world health organization a puppet of china and promise to pull u.s. funding. stocks and futures shake off tensions and push higher. after eights potential vaccine for coronavirus. it is raising $1.3 billion to fund the development. just under one hour from the start of cash equity trading in europe. we kick off this program with a relatively dire number, european car sales are down 78% in april as demand evaporates. you expect that if you cannot leave the house. stock futures are barely higher now. just above unchanged. dax and ftse futures up about 0.1%. we have breaking news from the u.k. in terms of the regime that will apply from january 1. earlier this place year, but we are in this transition phase until the end o

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240713

china s economy contracts for the first time since at least 1992 after the coronavirus lockdown but industrial output numbers offer signs of encouragement. stocks push higher as president trump outlines steps to reopen the economy despite data showing 5 million more americans filed for unemployment. plus hedge funds suffer a volatile march. and the worst ever losses posted. we will see this morning what u.k. asset manager things. breaking headlines on european car sales plunging 52% in march. european car sales more than getting cut in half in march year-over-year. the biggest drop on record. we will be sure to talk a lot about cars today. hsbc upgraded bmw shares to a buy. anna: a lot to talk about in terms of the car story an interesting to see the plans are around reopening car production. let us talk about man group. the world largest publicly traded hedge fund. net inflows for the first quarter, $5 million. standing at 104 billion u.s. dollars. these numbers are coming

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