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BLOOMBERG Bloomberg Markets Balance Of Power July 14, 2024

Entire libre system. I understand you will be distributing runtime executable and things like that so that all of that has to be bulletproof for cybersecurity. I was wondering how you would deal with the governance of that . Mr. Marcus two ways. We agree with you that this is of absolute importance. The way we are dealing with that is the language you are referencing will have formal verification in place to avoid issues. To the extent there are no compiler problems. Mr. Marcus the compiler will not execute the code is the code is not formally verified, and we have a chance of having david dill, who is a professor from stanford in formal verification helping us with this issue. The other thing i want to say is the association will not have guidelines on what thirdparty code will be published or not. At the very early stages, it will be very limited to a set of templates that will avoid the issues you are raising. It will be an ongoing target because if the libra is taken to scale, it w ....

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BLOOMBERG Bloomberg Daybreak Americas July 14, 2024

Fed. David today is jobs day. Last night, july 4 celebrations, including in boston led by alix steel and carol massar. It does strike me as i talk to you over in europe that one of the really iconic moments is an overture written by a russian composer, tchaikovsky, about a european war in 1812. It is kind of ironic. Incidentally, i remember trying to play that. With all the cannons firing, very difficult. But i digress. Seeing the market may be not hoping for them many fireworks. Lets have a look at the data right now. S p futures pointing downward. European equity markets a little bit sluggish. The euro is a little weaker. German data came in disappointing. Yields on the u. S. 10 year around the 1. 96 level. Weve seen selling in stocks and bonds in the european morning. Ive put iron ore in the data check today, not oil, because we seem big drops in iron ore in the Asian Session once again. It has been dropping like a stone. Story ....

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BLOOMBERG Bloomberg July 4, 2024

Abramowicz i am jonathan ferro. Lisa abramowicz actually going to 731 lexington avenue and just making it in time. Good thing Brian Moynihan does not join for another 60 minutes. Lisa really, that is how we are going to start . I was prepared to be here early. Jonathan you want to trade . This will fill out for the next two or three hours. Brian moynihan will join us in 60 minutes. We want to start with the price action. We begin with dollar yen. Something truly historic just happened, something since not since 2007. The japanese yen is weaker even though weve just seen the first Interest Rate hike in 17 years. Lisa on one hand people were expecting this. Some of the rhetoric out of the central bank was not hawkish. They were indicating they were not prepared to hike again. That is why this currency pair is dead in the water. I do not understand this. This is what everyone was ....

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BLOOMBERG Bloomberg July 4, 2024

Financial market. Lets do a check on how markets are faring. Avril, you get a since there is trepidation ahead with the humongous week ahead. Avril its all about the central banks, they will get the dot plot, for the fed and the boj. Ahead of all of that and of course the retail sales and ppi numbers out of the u. S. To get through later today, you can see theres not much appetite for risk in the equity space, particularly on the boj front. We will be watching closely the Wage Negotiations. So far theyve come in strong. Workers have gotten wage hikes they want, but durango is a big one to watch. We also had dovish comments from the boj governor that seemed to curtail expectations of an imminent move from the boj and cap gains on the yen. As you know, we havent seen much appetite for equities. Thats what we are seeing, broad picture, zoom in also about what we are seeing in china. Weve got some of those declines , among the tech ....

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CSPAN2 American July 4, 2024

I came away with a couple different impressions. First of all Artificial Intelligence was everything. Every panel, every roundtable, every discussion centered around Artificial Intelligence. People like to raise Artificial Intelligence really when its not even speak as we believe this but you can finishwatchingd take you live to discussion of the Banking System and Financial Services sector with Bank Executives and former regulators. You are watching live coverage on cspan2. 1300 bankers state Association Leaders independence day. Even more watching on our liveke o ....

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