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LINKTV Newsline July 11, 2024

Smooth transfer of power. Abc news projected that biden has secured victory in arizona, it has been red since 1952, excepting bill clinton in 1996. His total is now 290, well over the 270 threshold needed to secure the presidency. Trump has won 217 electors. Michael hayden sent a letter to the Agency Responsible for providing support for the Transition Team but has yet to do so for biden. The letter warns that a delay in the transfer of power could pose a serious risk to national security, particularly during the pandemic. Meanwhile, trump has continued to claim that there was massive election fraud, without showing any evidence. Officials from multiple government organizations issued a joint statement on thursday. It said they have the utmost confidence in the security and integrity of our elections and you should too. Moving to japan where nearly 1700 new coronavirus c ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Bytedance will retain overall control. President trump says he may change his mind about approval. We are joined exclusively by st. Louis fed president James Bullard ahead of jay powells trip to capitol hill. The fed chair will say the u. S. Faces a long and uncertain virus recovery. Shery heres how u. S. Futures are coming online. A little bit of pressure at the open, this after we saw the s p 500 lose ground for a fourth consecutive session in the regular trading our. It was the longest losing streak since february. We had banks sinking at least 3 on that report detailing suspicious transactions at global banks. ,e had also surging virus cases not to mention doubts over another round of stimulus measures. That really sent stocks down. We have the nasdaq at one point falling as much as 2. 5 , but it did pair back some of the losses with a bullish reversal in the afternoon. Down only 1 10 of 1 . We are this week watching closely wh ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Wave. S fears of a second the u. S. Seeing 16,000 cases a day. Hong kong in the third wave right now. All youll futures elevated. You are seeing a risk off move today. Focus on the chinese story. We are seeing a down day even when it comes to chinese stocks. We will see how this plays out. Lower by 6 10 of 1 for the shanghai composite. Asia had their best Weekly Performance in five years. The csi 300 large caps, ada percent of the index has been overbought. Thats the highest on record. We are seeing profittaking here today. Shenzhen, more of that robustness. The most overbought on record. That is still going higher by 1 today. It seems like the bond market is at mercy with this rally as well. Bonds at 306 right now. Yields falling. Bnp paribas saying that 10 year yield could rise to 3. 4 . We are watching other markets as well. Hong kong is a focus today. We saw a Record Numbe ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Research and we will talk about inventory numbers. The equity strategists are just reluctantly upgrading their target and we will talk to new and we will talk to them on the hour. Guy hes a 2900 on the markets at 31 so we will see what happens. As you mentioned, its an interesting day in the u. K. , the pound is getting a minor boost, the market is really shrugging its shoulders as we have seen radical plan to save the economy. How radical is it . Heres the chancellor of the exchequer. I want every person in this house and in the country to know that i will never accept unemployment as an unavoidable outcome. Here here. We are not in everything we have done so far just a step back now. In truth, the job has only just begun. Its a 30 billion bound program, again the pound shrugging its shoulders that what we heard. Guestfind out what our says. Is that the right reaction . Why is this enough to move the pound . Else, the as anything focus is slightly elsewhere. Brexit talks happening sep ....

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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Minutes 20 minutes or so has seen lows across safe havens to dollarchina as well. For eighttrack volumeheavy daytoday. Day today. We are on track for 35 billion today. It is a busy day of trade. Trades inxas, 55,000 the first 60 minutes on a front and contract in west texas. Iran is launching what it calls revenge attacks with missile launches onto bases that host u. S. Troops. What to me know so far about irans actions what do we know so far about irans actions . It was a series of attacks on these two bases. The Islamic Revolutionary guard corps claimed responsibility quickly. In the be interesting uns u. S. Response. There has been a lossoflife and how much damage was done . They were on high alert with those facilities, because i ran have thes thought to highest amount of short range missiles in the region and this was thought to be the retaliation to expect. Iran has been saying that they will avenge the death of the g ....

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