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DW Business - News July 12, 2024

Good to have you with us here is a Member States planned to go deeper into the red than ever before this year to counter the pandemic draft budget plan sent to the European Commission indicated the 19 countries bloc will slide to an aggregate fiscal deficit of close to one trillion euros earlier this year the Commission Suspended to the block stability and growth pact and nord a 750000000000 euro joint Borrowing Program to help the hardest hit Member States pay for the economic damage being done by the pandemic but germany has so far been in a fairly good position both in controlling the pandemic and keeping the economy afloat but rising case numbers here could put the countrys success record into j ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Good but still will not accept they should be law. Asia is set to follow wall street higher as investors weigh theirdevelopments against cases. The s p climbed for a Third Straight day. Shery lets get you started with breaking news south korea. We are seeing inflation rising faster than expected. Both the month on month and year on year figures now escaping that disinflationary territory. Month on month inflation rising 0. 2 and 18 expectations. The expectation was for no change, also coming out of three months of decelerating prices. When it comes to the year on your numbers, the inflation remaining flat. The expectation was for prices to contract, and its also coming after falling into disinflation for the First Time Since september. Core prices your near rising 0. 6 , which is a faster gain than was expected as well. We have seen a little bit more demand coming from chin ....

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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

She prepares his new years address. Is set to be ghosn in lebanon. One source tells us he fled japan ahead of a trial and financial misconduct charges. Markets in asia are winding down for the year. Australias equity market closes early this new year. Sophie has a final session how is the final session of the year looking . Sophie some pressure coming through. The aussie share market off 1. 2 , trimming the yeartodate gain but still set for the best year since 2009. Eminis little changed. Nikkei futures in singapore off by 1 and the bloomberg dollar index extending declines for a fourth straight session as the greenback is set for the Fourth Annual drop since 2010. Let switch out the board to check in on what markets are closed this new years eve. Indonesia, the philippines, and china closing along with south korea and japan entering a sixday new year holiday. We will be waiting to see whether we have yen like we saw earlier this y ....

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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Of its own way today. In the treasury space, weve got that relatively positive gdp data. Some of that other positive data with regards to consumer spending, as well as housing. That is leading to the shift you are seeing in treasury yields. Yields moving up higher. The tlt moving lower. The bloomberg dollar spot index also moving on the back of some of that strong data. We are seeing oil move a little lower after inventory numbers surprised a lot of folks, catching them off guard. Most of the activity we are seeing in the market a little bit subdued. Obviously the day before thanksgiving here in the u. S. And the day after thanksgiving one of the lower volume days of the year, so keep that in mind as you try to interpret some of the price action we are seeing today. Guy absolutely. We are already coming into the lowvolume period in the runup towards christmas. Thanksgiving of your sleep tomorrow. Here in europe, we will be up and running tomorrow. Up by 0. 3 . The euro softening. We ar ....

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KQED Nightly Business Report July 13, 2024

Records. The dow 28,000 thanks to optimism on a trade deal, ral in Health Care Stocks and uppete report on retail sales, an indication the consumer which has been powering the economys still strong. Here arenghe clo numbers. The Dow Jones Industrial average rose 222 points, to4. 2800 the nasdaq up 61 and the s p 500 added23. The sixth straight weekly gain for the s p 500. The longest win streak for that index since 2017. Bob pisani takes a look at what to make of the bullishness. Another day of record highs. The s p broke out of therading range into record territory, universityia is growing and pretty fast frankly. A number of technicians have but notust the chartists ently feeling good about the trends. Eventrategistnd everyday Retail Investors are getting gunning hoe on the market. Barclays for example s th ....

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