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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240711

Something like 17 stocks on the way up. 29 in the way down. We have the moment a market which is down 5. 9 so far this year. There we go. Declining by about 0. 5 . A great look at some of the other Asset Classes. The propulsion of the pound up to one dollar. Even though it is off a little bit at the moment. U. S. Jobless claims out as well. Latesteing seen as the low showing. Economic weakness in the u. S. Reaching 23,000. Inventory story once again. Going to get you to what is going on in the philippines. Saying the pace is going to be benefiting from the gradual reopening of the economy. This coming from the central bank chief. Saying the peso is supported by Foreign Direct Investment to read remittances as well. The peso has appreciate it by 5. 4 since the start of the year. Breaking news out of australia. Scott morrison announcing a cabinet reshuffle. Liberal from a regional seat, a former diplomat who worked as a policy advisor. He has been the minister for education since august,

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240711

Unveiled as soon as today and a final vote could drag into the weekend. Anna, where are we in terms of sewn in for this weekend as you said, it looks like the boat could flip into the weekend. Which means you would need a stopgap spending measure to extend government funding or a brief Government Shutdown over the weekend. I do think we are actually going to get a good deal at this point, its just a matter of timing. Alix what is going to be specifically in it . Anna the main provision is 300 billion for Small Businesses, part of that will go through the paycheck protection program. We are also looking at 300 per week supplemental Unemployment Benefits. 600 to 700 check for individuals. Those are the main provisions. The two tricky provisions that have held up talks so far our liability protection, aid for state and local governments. Looks like that is not going to be in the deal. Alix thank you a lot for the update. In the meantime, the labor market showing some , rising to its most

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240711

Stage for a second job to be cleared in the u. S. In as many weeks. They say the benefits outweigh the risks. Asian markets head to the weekend as u. S. Stocks see new alltime highs. The s p 500 climbs for a third session. It searches through 23,000. A look at howake we are setting up this friday morning and asia. Sophie kamaruddin is in hong kong picking a look at the markets. What are you seeing . Sophie at the open in sydney, little moves for the asx 200 after it rose after the budget outlook. Aussie trading above 76, headed for a seventh weekly gain along with the kiwi dollar amid the dollar route. We are seeing that continue to falter. Bloomberg intelligence expecting more rba easing next year to combat a rising aussie. We have kiwi stocks gaining ground. This as the government approved more covert funding that is to last until at least june 2022. Flipping the board to check in what is going on with japan ahead of the boj decision, we have the yen seeing the strongest level since

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Transcripts For BLOOMBERG Bloomberg Markets European Open 20240712

500 futures up about one third of 1 . Ftse futures higher by 2 10 of 1 . Unbelievable to see a zillion euro in the mix a resilient euro in the mix. The story is the equity market yesterday. The more cyclical sectors, bottom of the pile in the u. S. And europe, Energy Stocks having a tough time of it in 2020. Annmarie they have. Both sides of the atlantic, energy getting pummeled. That brings us to bp results. The first of the oil majors to report earnings kicking off the week. Adjusted net at 86 million. The estimate was for a loss of 116. 8 million so that is something that will boost bp. Is expected to fall in the fourth quarter. So far, it is not looking too bad. Analysts were expecting a loss because right now, the refiners are having trouble turning a profit because demand is so low. When you turn that crude into things like gasoline, the demand is not there. The volatility buying all the oil and selling it at a higher price, that saves a lot of these majors in the last quarter an

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

Their children and for their families and for their nation itself. No one could make that choice for them. They had to that themselves. Today, the world sees they are choosing cooperation over conflict, friendship over enmity, prosperity over poverty, hope over despair. They are choosing a future in which arabs and israelis, muslims, jews, christians can live together, pray together, and dream together sidebyside in harmony, community in peace. Me congratulate the people of israel, the people of the United Arab Emirates, and the people of the kingdom of bahrain. God bless you all. This is an incredible day for the world. This is a wonderful and beautiful occasion. I want to thank all of the members of congress for being congressmen,s, congresswomen, we appreciate it so much. Everybody wanted to be here. Important day for the world, important day for peace. Before the parties signed the accord, i want to ask Prime Minister netanyahu to say a few words, followed by the foreign minister o

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