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Transcripts For BLOOMBERG Bloomberg 20240703

Dominate the 28 billion industry in india. After five days of losses, asia looking pretty flat. Still set to a race all gains for the year. Traders recalibrating expectations after powell set higher for longer, given three sets of hotter than expected ecodata. Msci asia index trying to be in the positive but not really. The dollar index, 1264. Yields surging in asia. New highs for 2024. Tuesday fives, tens. The move index expected treasury volatility at the highest level this year. Its about the strong dollar story. Its taking a breather today. A relief for asian currencies. Ust remains elevated. You on fix steady but it has room to head lower. Paso falling past 57. Thats the lowest level since november 2022. We talk about jerome powell. This is what he had to say. Take a listen. We need greater confidence that inflation is moving sustainably toward 2 . The recent data has clearly not given us greater confidence and instead indicate that its likely to take longer than expected to achie ....

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