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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

Services. Westpacs full year profits plunge after fines for Money Laundering. Cash earnings falls. One of those stocks where watching going into the sydney open. Lets look at the market open. Sophie . Expecting some moves this monday. The biggest weekly drop since september 25 as investors adjust the some of the risk ahead. We did have the worst week for aussie stocks since april. Adding 0. 1 . We have amp shares gaining trillionter the this wealth manager said that a preliminary takeover approach of every management values the company at 4. 5 billion. Westpac has results out this morning. Later this week we get results upm alibaba which ticked single day sales early on sunday. The ipo is a big event we are watching this week. We are expecting a big pop here on thursday given the massive appetite we have seen for the offering. Friday had the biggest drop since june. Of a private survey of chinese manufacturing data. To focus more on the u. N. , lets pull up on the chart on the terminal

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

15,000. Take a look at the kospi. We are focused on samsung earnings. Samsung warning of a profit slide as this virus squeezes the tech industry. Samsung shares largely after the results came out unchanged. We are watching out for the singapore jobless numbers coming out this hour. 2. 6 , an 11 year high. We see this recovery momentum coming back in offshore chinese stocks. The moving average yesterday when things close, and we are higher here today. Bank of china among them. Dollaryen, a little strength. And some strength for the korean won. Oil remains the story, but take a look at volatility. When it comes to oil contracts, we are leapfrogging of june to july and seeing wild gyrations. We have bounced back after wti auched 10, but we lost quarter of the value when it comes to crude. It looks like volatility will continue. Into julywill roll with the spread of the june and july contracts especially for wti getting rocked by volatility. Tom we will get more on that story in a few minu

Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20240713

About the impact later on in the show. Time now for bloomberg time now to dig a look at all the news you need to know, from d. C. To new york. We are joined by bloombergs michael mckee, taking a look at all of the Market Action and economic action out of europe. It was a tough day for services pmis. Michael absolutely, and the charts tell the stories. These were the worst numbers ever for france, germany, and the eurozone, showing the Service Industries worsen manufacturing, and in part due to a quirk in the data. The market, we get pmis at 9 45 this morning. The same sort of data are expected. We also get the Bloomberg Consumer comfort index, the most highfrequency Consumer Confidence data. That has been moved up two days. The crashing of the european economies has revived talk, or pushed, shall we say, talk of stimulus higher up the agenda. German chancellor Angela Merkel has already decided that she is going to establish a Stimulus Program to help revive the economy, and she has put

Transcripts For BLOOMBERG Bloomberg Surveillance 20200122

finance minister of saudi arabia and france. good afternoon, this is bloomberg surveillance. into our davos coverage. turning into our davos coverage. we have great interviews. first, let s check on the markets. up as you look at u.s. equity futures, they are gaining a little traction. concrete steps to contain the deadly virus. this get to the bloomberg first word news. with the respiratory virus in china that is spreading, a hospitalized man was infected after a trip to china. the nation is starting nationwide screening. the cases in china have climbed to more than 400. nine other countries are confirming cases. the u.s. senate sets the rules for the impeachment trial and voted along the lines. it rejected bids to subpoena white house emails, but mitch mcconnell did agree to alter the timeline getting the prosecution and defense to make the cases rather than the initial two. governments cannot tackle climate change alone, according to blackrock s larry fink. he says it

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