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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Three virus levels. Investors are not buying the idea that the sectors prices have finally passed. The Company Behind k pop sensation bts prepares to take the stage in seoul. Big hit hopes to be a big hit on the korean stock exchange. Paul markets are just opened here in sydney. For a look at whats going on, lets go to sophie. Sophie sydney stocks gain ground. 1 , resuming the advanced after stalling and to retreat from a march i on wednesday. We have the likes of bhp and providing a boost while banks are under pressure and focus is on the rba governors speech in which he signaled the desire for more state funding while indicating that there will be a lower for longer rate environment, likely to see further easing ports 10 basis points, also indicating there will not be rate hikes for at least three years unless there is more sustained progress on jobs and inflation. Those remarks did see pressure come through on the aussie dollar ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

The chinext is lackluster here. Indonesia coming online. The futures are not going anywhere in singapore today. We are watching that dollars story once again. The dollar weaker here. We did see the pound falling after the bop made the clearest signal yet that it may be considering negative Interest Rates. 104. 81 for the dollaryen. Take a look at crude. You better not be challenging us. You are watching a bit of a bid for iron ore. Global coronavirus cases have no topped 30 million with more than 940,000 deaths. Reported the most cases since the lockdown in may. There were more than 10,000 new infections. The northeast of england is introducing tough new restrictions. The bank of england has given the clearest signal yet that it may consider cutting Interest Rates to below zero for the first time in its history. The policy is part will be a similar move shortly after. Here in ....

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