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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

We hear exclusively from eric rosengren. China is accused of using social media to undermine the protest in hong kong. Twitter and facebook delete a string of fake accounts. Shery how markets closed. It was another day of strong rally with the s p 500 gaining more than 1 . Every sector was in the green. Energy amtech led the gains. Lead the and tech gains. A positive sentiment with trade. That was reflected with the u. S. Dollar. It rallied to this years high. Gain 250 points. The nasdaq up 1. 4 . Doing much butt lets see how things will be shaping up in asia. Conviction investors will be tested with futures looking at a mixed session. Kiwi stops adding. 6 . We have the strong dollar to contend with which may put a damper on Risk Appetite for emerging markets today. We are on tech watch. We have xiaomis earnings on the lineup after baidus results came out overnight. Onay, were keeping an eye the rba meeting minutes. Trade data from ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

President trump will delay china. Nal tariffs on markets rally on the news of apple surging 4 . The cbsviacom romance leads to a waiting. The megamerger shery breaking news out of south korea. We have the Unemployment Rate for the month of july coming in at 4 . That was as analysts expected. The third month in a row that stayed at 4 . South korea added 299,000 jobs in july, higher than the 281,000 they added in june. The south korean economy and job market being highly supported by government job creation. We are expecting the extra budget set to pass parliament at the start of august to also give more support for the job market. Exportseantime, continue to plunge in south korea, now headed to the ninth month of export declines in august. We have seen the weakness in w theon throughout these the south korean won. In hongrn to sophie kong for a check on where markets are headed this morning. Sophie we have plenty more data to co ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

A 5 billionwith fine off it scandal. Shery lets get you started with a quick check of how the markets closed in the u. S. To recordor indices saw a highs with the s p 500 topping 3000 for the first time. The dow gained. 9 . Tech in industrials leading the gains. The Energy Sector saw some gains as we had crude rallying on the potential impact of Tropical Storm bailey very. Barry. \ we had Producer Price inflation looking affecting the outlook of the Federal Reserve. Witht seeing record games the s p 500 gaining for a second consecutive week. Lets see how the markets are setting up as japan is away on holiday. Sophie investors wanted to contend with a stronger yen, which is below 1. 08 against the greenback. Eased theirhave earlier advance. Marginally higher. Could b ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

More bumps in the road for nissan. Planned job losses after profits fell 99 . Shery lets get you started with a quick check on how markets closed in thursdays session in the u. S. The dow falling to the lowest level in two weeks. Tesla and for taking a hit on weak results and earnings. The nasdaq falling the most in a month. Has stellar earnings, but because of the ftc probe, Market Sentiment was not too positive stock. We have the s p 500 losing. 5 . Investors did not like the president of the ecb. Was not as dovish as they expected and that weight on sentiment as well. U. S. Futures at the moment unchanged. Lets see how things are shaping up in asia. Sophie we are setting up for a riskoff session. Kiwi shares resuming losses. Cost they could come under pressure. Earnings in focus. In southings data korea sliding further in july. In sydney, the asx 200 may snap a gain. Switching the board to check in on bonds that rally in auss ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240714

Silicon valley chiefs head to the white house for talks that may lead to the easing of the sales blockade on huawei. Shery we will have more on that big tech meeting in washington and what this could mean for the huawei been later on Bloomberg Technology global link. First, that get you started with a quick check of how the markets closed the market session. A positive session for u. S. Stocks. We saw the s p 500 gain ground, up 3 10 of 1 . A couple of analysts calls, including one on apple, with Morgan Stanley boosting its price target. That actually made apple rally and the biggest winner on the nasdaq. Micron finishing more than 3 higher after Goldman Sachs listed it to buy from neutral. We also have some positive news on the u. S. China trade front. There could be talk about a potential deal in congress on raisi ....

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