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Transcripts For MSNBCW The 20240705



starts now. tonight on the reidout with donald trump, republicans have lost almost every competitive election. we lost the senate. we lost the house. we lost the white house. we lost in 2018. we lost in 2020. and we lost in 2022. the worst kept secret in politics is how badly the democrats want to run against donald trump. haley presses on despite impossible odds. she has the support of the billionaire donor class want all the trump tax cuts for the super rich but can t stomach donald trump. plus, with biden s economy doing so well, all republicans have left to offer is fear, including fear of immigrants. tonight, a look at how the issue is playing in the latino community. and we begin tonight with fascism and how it takes root. now it isn t a dramatic storm the palace coup like we saw on january 6th. it s more often deal, a bargain between the would be dictator and the establishment, both political and media, who believe that wielding actual political po ....

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Transcripts For BBCNEWS Asia 20240705



more than 3/10 of a percent. this is what they call a bull run. the market s been on the upswing since october 2022, and it s thanks to a few tailwinds. among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it s been able to cool inflation without tipping the economy into a recession. that s called a soft landing and it s buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22 year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it s a different story for the chinese stock markets, which have been struggling in the new year. chinese premier li qiang pledged to take forceful and effective action to support market confidence. shares in mainland china and in hong kong have been h ....

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Transcripts For BBCNEWS Asia 20240705



and over in china their indicator on manufacturing is also due out today. it covers small and medium sized companies which should give us insight into how china s public sector is doing. private sector. on tuesday australia s central bank will be meeting and investors will be watching to see if authorities will hold steady or hike the cost of borrowing because of inflation concerns. earlier, i spoke to peter maguire of xm.com and he said he expected to see movement from tokyo on the japanese yen. i think there would not be surprise. they have done it in the last matter of six or eight months as far as intervention when it approaches the 145 150 sort of handle, so, yes, we won t be surprised to see intervention sometime injuly. where you are, australia s central bank will be meeting this week as well. it is kind of a tricky balancing act for them, isn t it, dealing with inflation, whether or not to raise interest rates? what are you expecting? well, exactly right. i me ....

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Transcripts For BBCNEWS Asia 20240705



it covers small and medium sized companies which should give us insight into how china s public sector is doing. 0n china s public sector is doing. on tuesday australia central bank will be meeting and investors will be watching to see if authorities will hold steady or hike the cost of borrowing because of inflation concerns. earlier, ispoke borrowing because of inflation concerns. earlier, i spoke to peter maguire of xm.com and he said he expected to see movement from tokyo on the japanese yen. i movement from tokyo on the japanese yen- japanese yen. i think there would not japanese yen. i think there would not be japanese yen. i think there would not be surprised. - japanese yen. i think there i would not be surprised. they had done it in the last six or a months as far as intervention when it approaches the 145 150 sort of handle so we will not be surprised to seek intervention sometime injuly. australia central bank will be meeting this week as well. it is a ....

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Transcripts For BBCNEWS Asia 20240705



to confirm prices are cooling. but with inflation still stubbornly high, policy makers here as in many other developed countries are not done raising interest rates. let s show you how investors reacted to that latest data which should other than expected data out of the united states. there are hopes and out of the country might avert a recession. you can see all of the main industries during better and banking share is also led wall street to close higher. banking shares also led wall street to close higher on thursday that s after recent health check showed the largest us banks have enough capital to weather a severe economic slump. in other news this morning sporting goods giant nike has reported its latest earnings for the fourth quarter. revenue came in at $12.8 billion dollars slightly higher than expected. this means nike has beaten revenue estimates for seven straight quarters. salesjumped in both its largest market north america and in china, following the eas ....

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