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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

In 34 states, the 70 average of new cases is higher than a month ago. Australia set to lay out a big spending budget to revise the economy and generate jobs. Today. Also makes it shery heres how markets are looking right now. U. S. Futures opening flat after u. S. Stocks rose in the regular session. They ended the session at a three week i. We have the s p 500 and the nasdaq and the dow beginning more than 1 . The nasdaq composite so its best in almost a month. We have the s p 500 closing at session highs. We had optimism over a potential stimulus package. Nothing mentioned President Trump being released from hospital tonight. Regeneron rallying after President Trump was given their experimental antibiotic treatment. Energy was a big gainer. Take a look at wti which is above 39 a barrel and continues to gain ground at the moment after the largest jump since may, rallying in ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Fed call for urgent action. We are joined exclusively by dallas fed chief robert kaplan. And the debate, joe biden refuses to push back his next meeting with President Trump the white house rules out of virtual clash because of covid19. Quick check of the markets coming online, u. S. Futures right now up. 3 , after the close, we have the white house saying President Trump is open to Something Big or than the skinny bill. It has all been about optimism over stimulus deal, despite conflicting signals on capitol hill. We had u. S. Stocks in the regular session wanting to a fiveweek i. We have optimism on corporate will, adding to the positive tone. Eaton vance jumping after agreeing to be taken over by Morgan Stanley, more on that next the dow higher. 4 , nasdaq. 5 . ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Call for urgent action. President trump enters the conversation, indicating he may now support a wider stimulus bill. Debates joe biden refuses to push back his next meeting with the president. The white house rules out a virtual clash due to covid19. We have an update from President Trumps physician, dr. Sean conley, about the president s covid19 treatment, saying that the president has been responding extremely well, that his exam has remained stable while at home. President trump has completed the course of therapy for covid, saying the president can return safely to Public Engagements on saturday. The president was just released from hospital on monday evening and his health had risen controversy given the white house was saying the timing of President Trumps last negative test was regarded as private. We are fi ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Last month was a huge bounce in this number, up by 24. 7 . The perimeter is that much greater. Coming introng number on the Manufacturing Index as well. At 21. Through alix a really strong number. The big news of the day in the u. S. , it jay powell and Steven Mnuchin will speak before the House Financial Services committee. Powell will stick to his call for more fiscal aid. It comes against the backdrop of a darkening prospect for continuing stimulus. The latest news is mitt romney says he will back a vote on trumps pick this year. Joining us now is Emily Wilkins. Does this make stimulus more or less likely. It feels like the pendulum shifted towards the republicans with the Supreme Court nominee. ....

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BLOOMBERG Bloomberg Markets European Close July 12, 2024

We saw a push higher in the session when the governor of the bank of england toned down the speeches we have seen as of late when it comes to negative rates. We will see whether ultimately he has to deliver on negative rates. Apparently the mood music has improved on that for today. Politics when it comes to the btp markets, today we have seen a significant pushback for the Prime Minister against mr. Salvini in local elections. The market has taken that positively. Alix just to pipit off what i said earlier. The eu Leaders Summit is postponed as the eu councile president was quarantined. You had a Security Guard test positive. That Leaders Summit will be postponed. Movement in the market, the dollar jumping higher. Charlie evans says the fed could raise rates before ....

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