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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

Round two. Has admitted sachs its role, reaching multiple settlements. Aery lets get started with check of the markets. U. S. Futures coming online slightly higher. This after we saw u. S. Stocks gaining ground in the regular session. There was optimism for another round of stimulus ahead of the last president ial debate. , andht, banks rallied reached the highest since june Energy Shares rebounded with oil. We will check that shortly after. Small caps also gained around. We could take a look at the dollar right there. We saw again in the first time in five sessions. Check out oil right now. A flood at the moment at around 40 a barrel level. , also the latest sign of opecplus that they ford be restraining supply longer. We heard Vladimir Putin say that russia is able to put output further if needed. Haidi a thick a look at how we are setting up the asian session. There getting ....

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Surveillance. I am Francine Lacqua here in london. This is what the markets are looking at. We are trying to look out for any spot here in europe. Are am looking at what we in general focusing on, of away fromare that key data hours away from that key jobs data in washington. Of course labor day holiday, gold taking higher. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Avoiding a Government Shutdown right before the president ial election. Sources tell bloomberg House Speaker nancy pelosi, treasury secretary Steven Mnuchin and made this in full agreement on a phone call on tuesday. They were on a stalemate after virus relief to hold up a virus a stopgap spending bill. Meanwhile,
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Transcripts For CNBC Squawk Box 20240712

Was up by better than 5. 7 also watching whats been happening here with the treasury market in the United States. Keeping an eye on those things and youll see that right now at least it looks like a ten year is yielding 0. 689 just below that 0. 7 that we had the last couple of weeks. What was that i dont know. Im trying to explain this. I could make up a bunch of reasons. Because were reopening its the same thing over the weekend. New records were hitting the states where they were talking about more than 10,000 cases a day coming in and here you are watching the markets this morning saying yeah, okay. I was just listening to Worldwide Exchange and by the time he got done talking we should be at 10,000 on the dow look at whats happening and this, that, gaps here that are it can all end badly. At this point, this is really serious when you got this many people obviously th ....

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Transcripts For CNBC Squawk On The Street 20240713

That retaliation comment that mentions boeing. Did not mention apple, but apple is acting terribly did not mention Applied Materials. Had a great quarter, stock reversed badly its a surprise. I dont understand whats happening with boeing. You have this you have the ceo, who is blasting the clients, then you have china who doesnt want boeing, and a queue for boeing planes that is dissolving i dont like anything im hearing about boeing nothing. You mentioned the editor for the global times, he does say based on what i know, if you block further, we can add you to the unreliable list, and he says qualcomm, cisco, apple as well as suspending the purchase of boeing planes. This is terrible. The china haters and china lovers should look at our retail sales and say, you know what maybe we have to shut up a little bit here. Maybe were not as strong as wed like and we should hold out until were stronger ive been the hardest line on chin ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20240713

All of that leading to a stronger dollar and weaker commodities like oil. Under armour out with earnings as well. Lets get right to it. Their adjusted loss coming in 0. 34 a share, almost double what we had been expected. Net revenue for the First Quarter coming in at 930 million. That also came in light. They see a significant decline in revenue since midmarch, so no surprise there. Marriott coming out with their numbers as well. As you can tell, it is going to be bad. Marriott international looks at first court or revenue coming in of 4. 68 billion, a decline 6. 6 year on year. A really ugly number. They say they had liquidity about 4. 3 billion as of may 8, so obviously sustainability and solvency these kind of companies , especially hospitality, as well as airlines, really front and center. All of this really winds up depending on when the world can reopen. Lets get to all of our market movie news from new york. In london, u. K ....

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