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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

President trump this a uturn says warning mask saying trump does a uturn saying Wearing Masks is patriotic. Backing for that extra u. S. Futures opening flooded ae momentary after we lacked were setting up for a mixed clear direction in the session. Session in asia. We ended up with a session mixed to clingres managed with the tech surge fall during. S p 500 index did manage again and finished at a four point onto some gains. Amid concerns we could be far at a fourmonth high. Off from another stimulus package in the u. S. , even though we did see an agreement coming out of european leaders. Senator Mitch Mcconnell casting doubt the stimulus bill would come in the next two weeks. We did get a rally in energy and flat at thetrading financial stocks good investors moment, not much of a move. Are more hesitant when it came to kent came to
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Patriotic. Vaccine is on to find a amid warnings of a greater resurgence to come. Haidi pretty mixed midweek outlook when it comes to trading here in asia and for the first time in a while, we have seen equity markets kind of take a step back in terms of not headlines. A great deal of activities and commodities. Lets take a check of futures. Contracts trading higher after we saw a lack of conviction in u. S. Markets as we get concerns that perhaps this fourth round of fiscal stimulus will not be forthcoming. We are hearing the republicans are in the midst of crafting their own proposal to take to the democrats and we also heard from President Trump as he resumed his virus presser, encouraging americans to wear patrioticart of a duty. Over in japan, we are seeing outside of point 3 when it comes to trading for nikkei futures in chicago. More earnings on tap along with japanese pmi readings as well. Take a look at gold and soldiers ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

We are looking at currencies, strength coming through for the yuan. Dollar weakness is a big factor. Of the planthe back signed off or agreed to on 0. 1 . Us, the euro is up weaknessollar again, down 0. 2 . Hade is still value to be when it comes to chinas bonds, 2. 96 is the yield the. Is the yield. Gold is closing in on 1900 an its spot price. Future is pointing to 1900 in the near future. Il down 0. 7 demandweakness is a factor. Rishaad lets get some sense in all of this. Joining us is frank benzimra, head of asia equity strategy, societe generale. Thank you for joining us. How was your strategy evolving . The last couple of months europe become bullish on , and here politics is playing an Important Role in closing the gap in terms of undervaluation. In asia we have been reinforcing the view on hong kong liquidity. Our remaining strategy is on china. Is that all down to this Re ....

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BLOOMBERG The David Rubenstein Show Peer To Peer Conversations July 13, 2024

I dont consider myself a journalist and nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . One of my friends invested in uber a number of years ago. It was at a 3 billion market value. I said he was going to lose all of his money, no ridehailing company can be worth 3 billion. In fact, it turned out to be worth staggering sums of money and now it is publicly trading. I had the same reaction when i heard of didi, an uberlike company in china. I did not think it would catch on but i was wrong again. Today it is the single largest ridehailing company in the world. The person running the company is a young woman from china who rose up because of her hard work and intellect and now she is the president of didi. It is an incredible success story. She is one of the best known
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BLOOMBERG The David Rubenstein Show Peer To Peer Conversations July 13, 2024

I dont consider myself a journalist and nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have the day job of running a private equity firm. How do you define leadership . What makes somebody tick . One of my friends invested in uber a few years ago. It was at a 3 billion market value. I said he was going to lose all of his money, no ridehailing company can be worth 3 billion. In fact, it turned out to be worth more sums of money and now it is publicly trading. I have the same reaction when i hear of didi, like uber in china. I do not think it would catch on but i was wrong again. It is the single largest ridehailing company in the world. The person running the company is a young woman from china who rose up because of her hard work and now she is the president of didi. She is one of the best known china,usiness leaders in and extremely intelligent person who is clearly going to make the company even more successful as she ....

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