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DW DW News July 12, 2024

Im brian thomas thanks so much for joining us today on the 1st of july germany will be assuming the presidency of the council of the European Union now this means that until the end of this year germany will chair the meetings of the council and will be tabling e. U. Legislation this morning on a macro will set out to the German Parliament her vision for europe and where it should be heading were seeing some live images right now for from that session thats just getting underway at the bundestag at this hour. The president of the german bund a cycle of gong show you blow will be addressing parliament 1st medicals statement is expected to include details of a massive stimulus package to all economies recover from the impact of the coded pandemic and plans for the distribution of a 1 point one trillion euro budget you have used chief
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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Putting pressure on oil markets as well. And marie hoarder me for more. Walk us Annmarie Hordern joins me for more. Walk us through the veracity of the selloff, and does it last . Annmarie the next 24 hours is going to be quite bumpy for this may contract. Basically, it is Financial Derivatives meeting the physical oil market and what we are seeing on the storage side. If you are not out of this position financially and you are a futures trader, you have to accept the physical oil. The problem is, theres really nowhere else to put it. Look at cushing. That storage is quickly filling up, and that is the main hub in the United States, where you have pipelines to canada, the midlands, or the gulf. The may contract now trading at , which3, plus contango means if you look at the june contract, trading at about 23 a ba ....

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FBC Varney Company July 13, 2024

That seems to have worked because the dow which had been limit down has now bounced back and at the opening bell, we may be up 400 points. The dow will be up significantly at the opening bell. Same story with the s p and also with the nasdaq. Now, treasury secretary mnuchin, he says the Federal Reserve will have 4 trillion for loans to businesses. He says theres more where that came from and if congress doesnt get something going real fast, then they will go back to congress for more and he says the fed will provide any amount that is needed. Thats what the fed is doing right now. Thats the market. Thats the fed. Thats whats going on in congress. Now look at the price of oil. That has been a problem for American Energy producers and right now, weve got oil all the way down in the low 20s. Thats a continuing problem for texas, north dakota and for the
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CNBC Closing Bell July 13, 2024

Economy. Investors are digesting the continued momentum of Bernie Sanders. Yields weaken to a nearrecord low, tenyear, another sign of the markets flight to safety Jonathan Gray, the perfect guest to talk markets and valuations well have more comment tear from liz ann saunders, david, and jeff sherman, how companies are recovering to the virus, and what this means for your Retirement Planning with suze orman. An actionpacked couple hours with 59 minutes after the session. Mike santoli with his dashboard. Kate rogers is tracking the plunge of the nasdaq eunice yoon is in beijing, and meg tirrell has details on hopes for a treatment. Joining us is andecember anastacia amoroso. We would have expected for this to be behind us, but what were saying is this is to be expected, this is valuations were pretty stretched alread ....

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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Hours as we await the next jobs number. Time now for global exchange. From london to berlin and washington come our bloomberg voices are on the ground with this mornings top stories. We begin with irans response to claims that the ukrainian passenger jet crashed in tehran was shut down. The head of the countrys Civil Aviation authority said this on state tv. Law, i said, based on the there is full coordination between our air defense and civil system. Are Aviation Personnel and defense personnel sit sidebyside, so it is absolutely impossible for such a thing to happen. Alix for more, we are joined by stuart wallace, Bloomberg News director for the middle east, joining us from washington. What is the latest . Stuart tehran came out with that, and they are sticking to its story. They continue to stick to that line desp ....

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