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BLOOMBERG Bloomberg Markets European Close July 12, 2024

Virus. We are also getting headlines out of europe which are undermining confidence as well. The stoxx 600 is down by 0. 7 . The s p now down by 0. 4 . Eurodollar actually picking back up again. The 1. 16 level held, and what i am hearing is the real money accounts are back in the market. 1. 17,back now above 1. 1729 where we are right now. We have the ecb watchers event tomorrow, Christine Lagarde speaking in the morning, and then at 10 00 him him 10 00 a. M. Eastern, we will have speaking. E , the chief economist speaking, the chief economist. Alix the s p now down by 0. 4 . New york citys daily positive rate daily Positivity Rate is now over 3 for the first time in a month. Now offeringo is new enforcement for schools, saying if any of them do not over the rules, they will be closed. Governor cuomo will be speaking at 00 speaking at mike huckabee, speaking at 1 00 p. M ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Comes to the treasury market. The dollar taking it on the chin. Safe haven bid for the yen. Out yettting taken again after yesterdays slide, dragging Energy Equities with that uncertainty rains in the commodity. President trumps positive covid test and what is going on behind the scenes not the white house. Joining us is mario parker, Bloomberg White house reporter. What do we know at this moment . Mario everything is kind of unclear, given that the white house was taken by surprise with the president and first lady testing positive last night. We are starting to get some inckle sin some trickles in terms of who has negative results. We know that Jared Kushner and ivanka trump, two of the aides,nts other closest have negative tests, as well as his son barron. Right now we know that theres negative tests that have come i ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

You are, a lockdown. A judicial lockdown in washington as well. One of the tea leaves am looking at is strong in, really indicative of the correlated angst we are seeing right now strong yen, really into get of of the correlated angst we are seeing right now. Jonathan in europe, the ftse off by more than 3 . The dax off by 3. 25 . Europe also looking to washington. Let me be clear about that. That has been the conversation throughout the morning here in london. What do the evans over the weekend me for policy and washington, d. C. . The past toward the fisc or agreement much trickier now toward fiscal agreement much trickier now. Point, there was a huge worry on wall street about the period from november after the election went into the end of january. For market participants, they are probably a little more worried about that this morning. Tom not just 40 days away from the election. I think really unspoken in all of this is eight days to the first president ial debate. That has radic ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

,ood morning on Bloomberg Radio good morning on Bloomberg Television as well. Interesting markets as well. We will talk about the market in a moment, whether you need to climb back on board. Lets get right to the yields right now. Yields a little bit higher here. That has proven to be lower prices, stronger yield just in the last hour. Jonathan yields up about a basis point on the 10 year, but yields have been all over the place. They havent really gone anywhere in the last week. Weve been in and around 70 basis points on the 10 year, and that is about where we are this morning. Tom we got a weve got to touch on tiffany. I know youve wondered over in london, and you need the tiffany china mugs for 200 pounds large. But they are not going to do it with lvmh. Jonathan i will take a pass on that. I will be spending less time there, thats for sure. The reason they are givi ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

The democratic nominee holds a 52 to 42 advantage. Support for each candidate is getting more solid as voting day approaches. Meanwhile, the survey also says that biden has a six percentage point lead in a Battle Ground state with confidence. In hong kong, protests have resumed after Police Arrest hundreds of people. Among other things, demonstrators were protesting the decision to delay Legislative Council elections for a year because of coronavirus. Worlds newcome the coronavirus epicenter, and it has surpassed brazil as the second worst hit country. Cases forrted 90,000 the second day in a row. Unlike the u. S. And brazil, indias caseload is still accelerating fulltime in the u. K. , british Prime Minister Bor ....

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