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BLOOMBERG Bloomberg Daybreak Europe July 12, 2024

Chinas factory deflation deepens in may with Producer Prices falling the fastest in over four years. A surpriseower in jump of u. S. Inventory. Manus its just gone 6 00 a. M. In london. It is seven in frankfurt. The seat of the latest breaking news story about banking. Capital. Erberus a five page letter. This is the language that is being used. You got the same story in front of you. An abject failure to take appropriate actions and the refusal of management and the Supervisory Board to acknowledge the seriousness of the situation. Good morning. Nejra good morning. Exactly. Basically, the letter talks about commerzbank suffering from leadership, lax resolve to slash a bloated cost base. This is according to bloomberg news. That raises the possibility of a shareholder revolt if the bank refuses to appoint its representative. This demand is likely to be a topic of the
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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Signaling that it may need to do more to the boe, signaling that it may need to do more to combat lower growth. Bloombergs Francine Lacqua spoke to andrew bailey, the bank of england governor, following that policy decision. Gov. Bailey we are keeping options open on that. Im very clear on that. Other members of the committee thought it was a sensible decision to take in our next meeting, when we may have more information. Francine are we any closer to negative rates, or is that not an option right now . Gov. Bailey we are not ruling anything out because it would be unwise of us to rule anything out in terms of responses. I dont want to say we are nearer to negative rates, but we are not ruling anything out. Francine under what circumstances will we get negative rates . Gov. Bailey its a complicated question. You have to view it in the context of the times, also in the context of the financial structure we have, and what are the ....

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FBC Mornings With Maria Bartiromo July 13, 2024

Have the numbers as soon as they hit the tape and show you the impact. Coronavirus keeping the c task force going indefinitely focusing on Vaccine Development and reopening the economy. Meanwhile some lawmakers looking to expand the Paycheck Protection Program and add more stimulus but others raising concerns about growing debt and deficit. Markets this morning pointing to higher opening. Take a look at futures, indicating market wills open higher in triple digits, dow up 3020 points, s p is up 41 and nasdaq higher by 138, one and a third percent, this after concerns of new china relations to china. Scope memo is out. Outlining authority to former special counsel Robert Mueller, it reveals probe went beyond and completely openended. The fallout coming out. People are working out and playing video games, ....

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FBC Making Money With Charles Payne July 13, 2024

Money jackie stocks are in the green as 373 million americans filed for jobless claims in the last week. Oil prices, unexpected surge in chinese exports boosting hopes that global economies are also on a path to recovery from the Coronavirus Crisis but how will wall street react when tomorrows jobs report comes out . Joining me now former dallas fed advisor Danielle Dimartino booth, bny mellon chief investment strategist alicia levine. Lets start with you. Well talk about the numbers tomorrow. The positive thing in the weekly claims, weve seen five weeks in a row where the numbers are going down but investors like that. When they get hit with the unemployment report even though theyre expecting it and see doubledigit unemployment how do you think the market will react . Look i think the market is expecting somewhere between 17 and 20 unemployment to print tomorrow. Th ....

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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

But says ridehailing bookings fell for the First Time Ever last quarter. Shares rise on signs that it is emerging from the virus slowdown. Take a look at how we are setting up when it comes to the final trading session of the week in asia. U. S. Futures flat after we saw gains on wall street. Despite those historically high unemployment and jobless levels that we are still seeing in the u. S. , there is some sort of consensus among Market Participants that the worst may the over but we are looking ahead to the optimism of the economy reopening. We are also seeing optimism when it comes to new zealand, this despite the budget deficit numbers that were released earlier from the treasury report. New zealand just emerging from that stated four lockdown with the economy stage four lockdown. Also outlining steps for a gradual return to more normal economic functioning. New ze ....

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