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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

To chancellor merkel set repair a second round of stimulus up to 100 billion euros. Friendship bars and restaurants reopen. The reopening narrative gaining momentum, but that is not what markets are focused on. It is the increasing tensions between the u. S. And china dominating. When President Trump talked about holding a News Conference about a possible response to china, perhaps retaliation if you will, we saw the u. S. Architect take a hit. We dont have a timing for the News Conference but we have read on the screen in asia, and terms of futures, reacting to u. S. Futures. European futures even more so but perhaps playing a bit of catchup. The 10 year yield is slipping. The yen is strengthening. Oil trimming its biggest monthly advance on record, being swept up in the broader negative sentiment. President donald t ....

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