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BLOOMBERG Bloomberg Markets European Open July 13, 2024

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 ....

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CNBC Street Signs July 13, 2024

Too soon could have dire health and economic consequences. There is a real risk you may trigger an outbreak you may not be able to control which will set you back load on the high seas warns container volumes may fall as much as 25 in the Second Quarter. How the virus will hit global trade. Protectionism is a key risk and getting bigger as part of this pandemic as countries saw trying to protect their businesses it is no doubt in my mind it is the wrong strategy the french group pulls out of the take of the bermuda based partner turning shares sharply lower. The uk economy contracted a record 5. 8 in march Economic Activity in the First Quarter slank 2 output in the services and output fell sharply but not as low as expected. Retail sales plunged 19. 1 as the lockdown weighed heavily on the sector it is the biggest mon ....

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CNBC Street Signs July 13, 2024

Breaks on future higher call volumes offset by lower revenues. Helping the german telco beat expectations an insurance warns casualty claims to top the year the underlying performance, wed be talking about a strong delivery but of course, the conversation will be dominated by the impact of the virus that will have impact and growth for the remainder of the year. A down but not out. Second quarter Global Oil Demand well speak with the executive director on this show. Lets dive in to that oil report that is just crossing the latest is that all demand is set for a record fall in 2020. Probably no surprise to our viewers out there. It has trimmed the forecast for the drop citing the easing in drop down measures that has trimmed estimates by 690,000. The report that 2. 8 billion people will be living in confinement through may. Down from 4 billion in april the iea trimming its forecast and citing the ability in some
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CNBC Street Signs July 13, 2024

Britains lockdown. European stocks follow asiasing Economic Activity around the world with basic resources leading the way. Car sales in china rise for the first time in nearly two years and a sharp uturn from the 43 drop the month prior sno the german consumer good sees demand for cleaning products jump in the First Quarter but sales of shampoos and adhesives fall. 2. 2 billion deal to sell its business in the philippines is blocked by the local regulator. Good morning pe with seen green march back to the european boards as we begin a brandnew trading week what weve got across the board is reaction to gradual reopening of some economies in europe. Although there is a little more caution than weve seen in some countries like germany, south korea and china, wuhan directly, where the reemergence from lockdown has meant a spike in interest rate. The benchmark stoxx 600 rise of ....

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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Narrative is that President Trump and the ministration looking to get things back to work, even as the coronavirus is now firmly in the white house itself and the administration. We have the likes of Cardinal Health 5. 2 , and some of the other Health Care Stocks like gilead, eli lilly up more than 2. 5 apiece. Under armour continues the guidance story, not giving any indication of what it is expecting, but says the Current Quarter will be the most impacted by the coronavirus. Shares are down about 11 . The yen we getting today. Stronger dollar once again. Food is unchanged crude is unchanged, 24 a barrel. Guy interesting to see that spread between brent and wti widening out. Lets figure out what is happening in the markets and what is going on in terms of po ....

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