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Transcripts For BLOOMBERG Bloomberg 20240704

Markets have just come online. Grace we are getting down to asias Major Trading opens. The rally on wall street as traders look ahead to the latest inflation print for clues on where the fed reserve will go next. Quick satilla to assets. Bitcoin has tended to go for the first time in the debt after disappointing chinese demand. And President Biden lays out his budget plans as he gives out for reelection battle with donald trump. Lets look at the set up as we get into some trading here in australia. Looking for a pretty mixed opening across the region. A cautious session on wall street. And in inflation data. We are seeing pretty flat trading here in sydney. We are watching some of the commentary from the rba this morning. Talking about some of the caution. Quite a bit of caution across this area. Even across asia. Taking a look at the equity session. We did have the recession for australian stocks in a year ahead of the u. S. Cpi. That biggest loss all year potentially set to extend in

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