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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

The u. K. Does a uturn and bans huawei the u. K. Does a uturn and bans huawei from its 5g network. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of june coming in at 4. 3 . Now, this is lower than the estimate of 4. 5 . The Unemployment Rate falling from the previous month. We have seen a little bit of strength in the south korean economy with more positivity coming from that ramp up in government job creation efforts. Still, we have those negative effects from the pandemic with the hardhit hospitality and Retail Sectors continuing to reel. South korea losing jobs. Those removed in june from a year earlier. Still, the Unemployment Rate falling to 4. 3 . Lets get a quick check on how markets are trading at the mome ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

The u. K. Considers new curves in london. The rda prepares to meet with melbourne again in lockdown. Pam braces for more economic gloom with First Quarter growth data. We are expecting a steeper downward revision. Lets get a check of where mark were markets are setting up. Here Sophie Kamaruddin in hong kong. Here is Sophie Kamaruddin in hong kong. Sophie a cautious start to the month of august after asian stocks have a fourth monthly gain. We are seeing sp Futures Holding steady and looking like a soft start to this trading week. Gold futures testing 2000, bouillon extending its rise after the best month in four years while u. S. Real yields lingered near record lows. Money managers are shifting gears a touch, decreasing the bullish gold bets to a six week lo ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

33 . Jobless claims rise for a second week with 17 million filing for benefits. International condemnation of hong kongs decision to bar a dozen prodemocracy candidates from Upcoming Elections as chinas new security law breaking news out of south korea. We are getting june Industrial Production numbers and they are a strong beat for the month on month numbers for june, a growth of 7. 2 . The estimate was for growth of around 2 . It is also coming after the previous number was revised downward, so its a bigger beat than expected. The year on year number still in contraction but only up. 5 percent. The expectation was for a plunge of 5 . The previous number was revised downward. We have seen a little bit more optimism. Manufacturers confidence in south korea rising. We have seen export declines starting to ease. Chinese demand rising, not to mention demand in the chi ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

U. S. To helping chinese intelligence. Claims to there are the South China Sea. Coronavirus cases topping millions, and florida surpasses new york as the second most affected state behind california. A daily record for deaths. Pause as they debate new stimulus. Republicans would like to extend the jobless payments to cover 70 of lost wages as the Economic Outlook dims. Shery lets look at how markets are trading at the moment. We see u. S. Futures to the upside after stocks fell last week with escalating china tensions, not to mention the wrangling in washington. For thegold sent above First Time Since 2011, and the , the nasdaq composite finishing at a twoweek low. Take a look at what well is doing. Is doing, brent above 43 dollars a barrel. This, of course, after we saw some pressure last week on signs of weakness ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

You have radical left democrats running cities like chicago and so many others that we just had a news conference. Unfortunately, that is the way it is. Thats the facts. When you look at chicago and you look at the job mayor lightfoot sent me a letter yesterday. I think in their own way, they want us to go in. There will be a time when they want us to go in. Right now, we are sending extra people to help. We are arresting a lot of people who have been very bad as far as the coronavirus, as you say, i think we have done some amazing things. I think you will probably see that if you compare our statistics to other countries. And if you look at death rates, etc. , you will see, and especially into the future with whats happening, you will see some very, very impressive numbers for the United States. President , do you plan to do a National Strategy to help schools reopen and r ....

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