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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

The eu finance minister told an emergency call today. Manus warm welcome. I am in zurich. Its all about the bond market. Andcurve could go negative we run the risk of japan if japanification. Good morning. Did Jerome Powell cut and undercut himself . Is history showing when you have these cuts in meetings, the stock market does not take it well because you get emergency cuts, what it is really saying is the cuts are not effective to solve the underlying problem. Jerome powell did hint at that. Hitequity market took a big as well as the bond market. Inus jp morgan say we are quicksand to negative yielding territory. You saw this collapse in yields. The question is, are treasuries now pricing in an aggressive recession in the United States of america . You have the rate cut from the fed, but was it a bozo in terms of communication . Have a look at gold, have a look at oil. The go ....

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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Ease concern over coronavirus. 1 10 year yield falls below for the first time in over 150 years. Uncoordinated action. Other g7 Central Banks are yet to follow suit, though expectations for the central bank of canada, japan, and korea and furtherrowing to fall. Scott meinhardt said u. S. Equities could slump another 15 but a surprise come back for joe biden on super tuesday cease turn positive. Speaking of the biden news, we are getting a breaking headline on the bloomberg terminal that joe biden has won the Texas Democratic president ial primary, state that was expected to show strong support for Bernie Sanders, has gone instead for joe biden according to the associated press. Of super tuesday for joe biden. A contender who had almost been counted out after the initial caucuses, coming back in a big way after getting e ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

Gaining stoxx 600 are 0. 7 . Trying to still digest moves from the fed at super tuesday. We are getting data out of the euro area. It is coming in instead of the 52. 8 we were expecting. The eurodollar is unchanged. Lifts foring similar the s p future. Lets get straight to first word news in new york city. We begin with an update on the coronavirus. More than 50,000 people have recovered from the virus more been released from the hospital. The number of infections has risen. Now, to the spring meetings of the International Monetary fund. Will use a virtual format instead of holding the conference in washington dc. The two organizations have said they are fully committed to maintaining the coram. Japan is saying it could be possible to delay the summer olympics to later in the year amid concerns the coronavirus could cause the games to be canceled. Late may is seen as the latest a decision could be made. Is pressingapan ahe ....

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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Just off the highs of the session. Lets have a quick look now at the Canadian Dollar and its performance. You see that bounce there by the u. S. Dollar versus the Canadian Dollar. That is after the bank of canada dropped Interest Rates by 50 basis points. It was anticipated the bank of canada would drop. , and manybasis points strategists saying this was to keep up with the Federal Reserve. You can see the Canadian Dollar 1. 3394. T guy today, the European Union coming out in warning of recession risks both for italy and france. Some speculation as well that italy is weighing shutting universities and schools. 600, we of the stoxx are up around 1 . Aro ....

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BLOOMBERG Bloomberg Markets Americas July 13, 2024

Greekturkey border. It is real, boats be encountered after the third election in less than a year. Party has aanyahus leader but is falling short of the majority needed to form a government. With nearly all the votes counted, luck to let it away. Followed by the centrist blue and white party. Netanyahu is set to stand trial on corruption charges in two weeks. Global news, 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. This is bloomberg. Live from welcome to bloom. Stories wee top are following from around the world. Stocks rebounding after yesterdays selloff. Betting on a concerted effort by the largest economy to tacko fall a lot from the coronavirus. Health stocks leading the way in the u. S. Stocks getting a left after a strong showing from joe biden in the primaries. The bank of canada following the u. S. Says coming into trade this morning with half a percent at the coronavirus darkens the
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