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Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240713

Articles of impeachment against donald trump. Adoption would set up a senate trial in january. Manus warm welcome to you. Europe. by 2020. Saying 1. 25 you do need a recession for that to happen. The president looking at copper to gold as one of the best indicators in the world for him. The two polemic views on the bond market for 2020. Zero bound by the end of 2021, these are big calls coming from citigroup. The 125itigroup on handle. Thisll talk to fox jan hour. On the other site, in terms of people who are bullish on copper, Goldman Sachs is one of them. No surprise they ca 2. 25 handle. So many calls out there. We will get into the mall. Manus lets look at 10 year yields. Motion sickness apparently in the 10 year Government Bond market. Down they came. The goldcopper ratio refers to, if you look at what goldman is doing, they expect higher next year. Citigroup urging the market to go overweight u. S. Stocks. My question to the market, do you need more rate cuts from the fed to make

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Transcripts For BBCNEWS World 20240704

A cut to come by the summer. Im a cut to come by the summer. Im interested a cut to come by the summer. Im interested in a cut to come by the summer. Im interested in this Wage Inflation problem because we are seeing in some sectors quite a lot of industrial action, which is all about wages. Is that a fly in the announcement . It about wages. Is that a fly in the announcement . About wages. Is that a fly in the announcement . , , announcement . It certainly is across euro e announcement . It certainly is across eumpe and announcement . It certainly is across eumpe and in announcement . It certainly is across europe and in the announcement . It certainly is across europe and in the uk, announcement . It certainly is across europe and in the uk, so announcement . It certainly is across europe and in the uk, so we announcement . It certainly is across europe and in the uk, so we have i europe and in the uk, so we have seen while the Headline Inflation Number is coming down, the big increa

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Transcripts For BBCNEWS BBC 20240704

Internal matter. Last week red bull, the teams parent company, announced agreements against the grievance against what had been dismissed after what it called a rigorous investigation, but it made clear the claimant did have a right of appeal. Then there was a leaked alleged text messages. Horner has tried to maintain a business as usual approach to his work and as Chief Executive of Red Bull Racing, despite intense scrutiny. Calls for more clarity on the investigation by partners of Red Bull Racing have been made, but he was at the grand prix last weekend, which was won by Red Bull Racing and cut a defiant figure there as he appeared alongside his spice girl wife, jerry horner, alongside his spice girl wife, jerry homer, and he said to reporters he would be remaining as Team Principal and Chief Executive and that he retained the support of the teams partners and stakeholders. We also heard from the strap on, the father of the teams driver, Max Verstappen, who said that this whole cont

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Transcripts For BBCNEWS BBC 20240704

Responsibility for the fact that inflation in the uk is much higher than it is in comparable countries. In the us, it is 3 . In the eurozone it is 5. 3 . And yet, here in britain, inflation remains stubbornly at 7. 9 because of a decade or more of mismanagement by the conservative party. Lets talk to our work and money reporter peter ruddick. What does this mean for people with mortgages . It what does this mean for people with mortua. Es . , what does this mean for people with mortua. Es . , , what does this mean for people with mortauaes . ,. Mortgages . It was widely expected but unfortunately mortgages . It was widely expected but unfortunately that mortgages . It was widely expected but unfortunately that will mortgages . It was widely expected but unfortunately that will not but unfortunately that will not prevent the pain from hurting. Lets break this down, for people on a variable or a tracker rate mortgage, which tracks the Bank Of England base rate, they will see immediate im

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Transcripts For BBCNEWS World 20240704

Not in line. What the bank is doing is looking back at inflation, but forward at what this Rate Decision may influence in terms of behaviour. I think, from last Bank Of England became, where they moved a 50 basis points, that was taken as a really big jump in rates. Since that decision, we have seen some improvement in inflation numbers. There were still some calming for a 50 basis point change, but i think that this was more of the consensus. As you say, the balance between trying to get inflation under control, because lets not forget, that also makes people poorer in the long run, and also, making sure that there is not too much damage done to there is not too much damage done to the economy is a Balancing Act that they have to play. And, if you watch some of the comments Andrew Bailey made after the meeting, there were some pretty negative outlook in terms of gdp and the general gross scenario for the uk. Scenario for the uk. And, a fine line in terms scenario for the uk. And, a fi

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