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BLOOMBERG Bloomberg Markets Asia July 11, 2024

Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the transition in more detail as we get over to new york and join Karina Mitchell for the first word news. Introduced biden has his foreignpolicy and Security Experts as he seeks to calm relations with
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BLOOMBERG Bloomberg Daybreak Asia July 11, 2024

Republican leader Mitch Mcconnell says President Trump is right to protest the vote cap. The u. S. Sanctions more people in hong kong over chinas increasing control. Washington has suspended its treaty with hong kong and ended reciprocal treatments on shipping. Haidi lets take a look at this market situation we are setting up for. It is firmly risk on after all the really bullish view overnight on account of the high efficacy from the biotech vaccine. Asx 200 trading higher by 1 10 of 1 . It is a handful of asiapacific markets there is or going into overboard territory. One of those is new zealand. We are seeing kiwi stocks of about 9 10 of 1 . We have the rbnz decision ahead of us this week but that market is up now for six consecutive sessions. Nikkei futures reversing pretty dramatically at the moment. Above looking at opening 25,000 for the first time in 30 years. Tradi ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Amazon billion offer to goes from rivals to partners as jeff bezos is willing to take a 40 stake in his indian retail revolution. At thelets take a look set up for the session of trading in asia. We saw that resumption of the loss in the u. S. How are we setting up in this part of the world . Sophie a pickup in volatility once again. In asia, futures are mixed, but we are seeing s p eminis. Chicago adding. 3 . The yen is stuck in the range with brexit risk also a consideration. We are watching tiktok reaction to trumps extension of that tiktok watching reaction to trumps extension of that tiktok sale. Jupiter Asset Management is cutting its exposure to debt of Chinese State linked borrowers so that is something to consider as well. Ahead of the u. S. Election, you are seeing one vol bets can yuan vol bets. Keeping an eye on korean bonds with potentially 6. 3 billion of suppl ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Net income coming below estimates. Revenue jumped by one third. Jeff bogged shows us joins us later on. China tensions rise further. U. S. Colleges are being told to offload holdings of Mainland Companies amid warnings of a wholesale sale of stocks from american exchanges. Shery lets get you started with a quick check of the trending markets. U. S. Futures opening flat. This after reaching a record high. Finally passing the february high after failing several times in the past week. The s p 500 was led higher by consumer stocks. Propelled by tech shares. The quickest rebound on record. Fastest ever return to a record after a drop of at least 20 . We are still headed for the fifth straight month of gains. The longest winning streak since september of 2018. Take a look at the dollar at the moment. Still under pressure after it fell to the lowest level since may of 2018. Gains itte most of the got during the u. S. China trade ten ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

States come and the jobs report two days away on thursday. To me, all of it is superseded by a global virus update. There is a little bit of good news, but it is overwhelmed by the bad news, and this news out of hong kong, i thought steve engle and anna edwards conversation with lord paren that lord patton was extorted very. Response that we could see from washington will do well worth watching. Lam just carrie finished a speech where she said freedom of the hong kong population it is unclear how china will interpret the new law that has been passed. Coming up in the next hour, our exclusive conversation with barclays executive jes staley. We will talk with him about loans and markets. Lets get to first word news with three. Ritika good morning, tom. The stage has been set for another confrontation between the u. S. And china, chinese lawmakers approving a National Security law for hong kong, punishing acts of terrorism and sec ....

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