21 Burst results for "Solly Bloomberg"

"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:55 min | 1 year ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Get into recession the first thing that would happen is we lower the policy rate back down close to zero and then we turn to for guidance and quantitative easing on Saturday former fed chairman Ben Bernanke said those tool should be enough to stave off recession despite the low level of interest rates but former treasury secretary Larry summers is pushing back against that notion he argued that monetary policy will be able to do it the next time I think that's pretty unlikely given that in recessions we usually cut interest rates by five percentage points and interest rates today or below two percent and I just don't believe quantitative easing and that stuff is worth anything like another three percentage points Larry summers spoke with David Westin on Bloomberg Wall Street week tune in to hear the full show tonight at six PM Wall Street time and throughout the weekend Bloomberg radio and television I'm John Tucker Bloomberg daybreak alright John thank you global equity is gaining ahead of the jobs report stocks in Asia finish the session with their six weekly gain bloomers really at Sally joins us from Singapore with the details good morning Julia good morning David and Karen that is the best winning streak in two years Asian stocks in Japan the yen was on track for a fifth daily decline against the Dulles it for its worst week since July twenty eighteen K. two two five getting half of one percent in Tokyo the Shanghai composite closed marginally lower the CSI three hundred was flat at four thousand one hundred and sixty three points in Singapore I'm Juliet Solly Bloomberg daybreak Juliet thank U. S. and P. futures are up eight points this morning Dow futures at fifty eight and nasdaq futures up thirty five and straight ahead the latest world and national news this is Bloomberg thank you six oh seven on Wall Street and Michael bar is here with more on what's going on around the world good morning Michael good morning David we have breaking news Iraq's prime.

fed Michael bar U. S. Juliet Solly Bloomberg Shanghai Karen Julia Sally John Tucker Bloomberg chairman Ben Bernanke Iraq Bloomberg Tokyo Dulles Japan Singapore Asia
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:51 min | 1 year ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Nineteen and twenty twenty growth full cost for Hong Kong for a fourth time citing the quite already visible damage to resell and tourism sectors due to the process see also cutting its profit forecast for the Hong Kong because many companies salsa citing the unrest in the bond sale of continued into the Asian session with the yield on Australia's ten you're not rising back above one percent for the first time in a month in Singapore I'm Juliet Solly Bloomberg daybreak Nigel and thank you China's central bank says it'll cut the amount of cash banks must hold as reserves injecting liquidity into an economy facing renewed headwinds to growth required reserve ratio for all banks will be lowered by a half percentage point effective September sixteen this is Bloomberg. at six oh seven on Wall Street time to check the latest world and national news with Bloomberg's Michael bar thank you very much Nathan hurricane Dorian is battering the coast of North Carolina where it may briefly make landfall with a fierce winds and the driving rains a category one storm marching up the U. S. east coast is by Cape lookout North Carolina Bloomberg's rob Caroline has the latest Michael as hurricane Doreen's move northeast Philly and started to accelerate its also started to weekend it's going to be affecting eastern North Carolina particularly the Outer Banks this morning and into the early afternoon with hurricane force winds at times and some very heavy rainfall and the system will accelerate tonight passing south of New England a late Friday night early Saturday morning Cape Cod and the islands are under a tropical storm warning in we may see some strong winds particularly across Nantucket overnight as the system goes by then took it also has the best chance of seeing rain in excess of three inches the weather conditions will improve tomorrow though as the storm heads up into Atlantic Canada Michael thank you very much rob meanwhile in the bomb as the death toll has climbed to thirty with many remaining missing relief workers on the ground in the Bahamas say the U. S. needs to speed up.

rob Caroline Cape lookout North Carolina Bl Juliet Solly Bloomberg Bahamas Canada Cape Cod New England Philly hurricane Doreen Hong Kong North Carolina Nathan hurricane Dorian Michael bar Bloomberg Bloomberg. China Nigel Singapore Australia
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:40 min | 1 year ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"I check the markets every fifteen minutes throughout the trading day. Although Berg SNP futures are down thirty points. Dow futures down two hundred fifty four NASDAQ futures down, ninety seven the Dax in Germany's down one point seven percent. Cac in Paris down one point four percent in the footsie. One hundred is down one percent. Nikkei two twenty five in Japan fell one point six percent. Hang Seng and Hong Kong, down eight tenths percent. Ten year treasury up sixteen thirty seconds yield shoe, point one five percent the yield on the two year at two percent and German tenure bond yield fell to minus zero point two oh, six percent a record low nine. Mex oil is down two percent on dollar thirteen fifty five forty seven a barrel. Comex gold up six tenths percent, or seven dollars, forty cents to twelve ninety nine eighty an ounce. The euro, one point one one four eight against the dollar. The yen, one eight point seven eight. Nathan here at all. This is President Trump opens up another trade, this feud, this time with Mexico threatening to impose a five percent tariffs on Mexican goods. So the country stops immigrants from entering the US illegally. Bloomberg's Juan Pablo spineta reports for Mexico City these will be taken by Mexico aggression, five percent overall Tari across the board for all Mexican products because either in Mexico since eighty percent of its experts sue the US will be conceded aggression against the country. So I wouldn't be surprised if we have some retaliation. We'll have to see also the domestic politics of the US, President Trump says the five percent tariffs would take effect June tenth and gradually rises highest twenty five percent if ill legal immigrants from Mexico. Continue coming into the US and reaction from Mexico has been measured with the country's president telling the White House. He does not want confrontation. Mexico's deputy foreign minister also addressed the issue in remarks last night. Here he is speaking through an interpreter. If I do trust this is something, which is not meant to be an acted because it would be very grave and the Mexican peso is weakening sharply on the news that has down by two point nine percent against the dollar terror threat comes at the same time, the US, Mexico, and Canada to ratify a new North American trade agreement, which was already facing hurdles from Democrats in the house. Bloomberg's Bob moon reports on a visit to what vice President Mike Pence indicated the administration is making energetic efforts to win approval in the next few months, president and I are absolutely determined to work with rank and file in the congress and the leadership to move the US MCA forwarded to move it forward this summer. But Democrats may be wary of handing the president's signature legislative victory. He can boast of on his reelection campaign. Bob moon, Bloomberg daybreak. Thank you. That President Bush to impose tariffs on Mexico could have a wide ranging implications including in trade negotiations, which shaina and Europe. Callum Pickering senior economist at Bernburg what we have this morning is an exam. Temple of Trump using trade threats as a way to achieve of a foreign policy goals, what this means for your what this means for China is less than before those two major players in global trade. The probably think they can stunned up to the US. If need be will be less likely than before, to come to an agreement which they think can just end the dispute. Why would you give in now when indeed Mr. Trump could come then six twelve months down the line and say I don't like this issue, I'm going to reapply tariffs. Berenberg senior economist, Callum Pickering is among many this morning saying, this will put more pressure on supply chains and diminish the likelihood of a breakthrough shaina tariff threat has had an immediate impact on markets with treasury yields tumbling overnight, the yen strengthened sharply, while volatility picked up throughout Asia. Bloomberg's Juliette Sally joins us from Singapore with details. Good morning, Juliet. Good morning. Nathan and Karen Japanese Hsieh's retreated as the yen was bid on a safe haven by while she is in South Korea rose, marginally and markets in Hong Kong and China fluctuated car an old high-power makers in the region, which have production facilities in Mexico. Phil, we've Mazda down seven percent on the close in Tokyo, but it was the currency and boned markets, which most affected the Koran leading Asian FX lower on the trade tensions. But overall, it's a month. Most trade is would like to forget the Asia Pacific index on track for a loss of around six percent of the month of may. That's its biggest monthly drove since Tom in Singapore. I'm. Juliette Solly Bloomberg daybreak. Right. Juliet. Thank you. Stocks in Europe are also getting hit hard this morning. Bloomberg's pots joins us live from London with the very latest. Good morning UN. Good morning, Karen Nathan. Yeah. European equities tumbling today off to the president's light is salvo in the trade will companies with heavy exposure to Mexico slumping.

Mexico President Trump Bloomberg US president Karen Nathan Juliette Solly Bloomberg Callum Pickering Mexico City President Bush Hong Kong Mike Pence senior economist Europe Bob moon Asia Juliet Paris Singapore China
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:22 min | 1 year ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Industrial production matched the lowest pace of expansion since the financial crisis and retail sales growth to levels last seen in mid two thousand and three policymakers are expected to ramp up support including further the tax cuts in subsidies to stimulate lagging consumption in Beijing MacKenzie, Bloomberg daybreak. All right, Tom. Thank you in spite of the wake data stocks in Asia climbed today's session. Bloomberg's Juliet Sally joins us from Singapore with more good morning. Juliet good morning. Karen, while the CSI three hundred rallied by more than two percent into the clothes while the on steadied against the greenback. As that wake down out of China lifted expectations for stimulus from Beijing. Elsewhere Japanese Stokes turned around after a negative start to close higher than a K two five up six tenths of one percent on the close in Tokyo to twenty one thousand one hundred eighty eight points in Singapore. I'm juliet. Solly Bloomberg daybreak. Juliet, thanks back in Beijing. Chinese president Xi Jinping is pushing back against trade rhetoric from the White House calling foreign efforts to reshape nations foolish. Bloomberg's Bryan Curtis reports from Hong Kong president she pushing back here against US demands. Although he did not mention trade or the United States. He said it was foolish and even disastrous in practice to think that one's own race is superior and to insist on transforming other civilizations. He sent exchanges should be reciprocal and equal rather than coercive in on Kong. Bryan curtis. Bloomberg daybreak. Brian. Thank you. And we could get more insight on how China's economy is handling the trade war when Ellie baba reports earnings this morning, Bloomberg daybreak Asia anchor. Doug krizner has more Alibaba business has grown rapidly over the past decade, but it changed last year when the slowdown in China's economy became more pronounced baba tends to be a bellwether for China's domestic tech industry. It's revenue. Streams include online advertising, and cloud computing. Look for Alibaba comments on the outlook to get the most attention in. Today's report Doug krizner, Bloomberg daybreak. All right, Dan. Thank you. And results from ten cent can also help take the temperature of China's economy. Those earnings are expected within the next hour or so meanwhile, shares of Nissan fell more than six percents in Tokyo today after the automaker predicted profit below even the lowest estimates. Bloomberg's Stephen Engle has more on the results. The whole analysts community said it was going to be bad. The results were worse than those worst case scenarios. Most importantly, though, the twenty twenty outlook profit roughly half the average projection it also cut its mid-term revenue targets and operating margin of Nissan are now trading at their lowest level since twenty twelve turning to Europe. Now, data out of Germany shows. The economy rebounded in the first quarter. Bloomberg's UN pods joins us live from London with the very latest. Good morning. Good morning. Charter Nathan Europe's biggest economy grew point full percents in Germany. Emerging from stagnation off the two corpses of no growth, but that's despite an ongoing slump in manufacturing consumer spending construction and investments ole giving boost to the German economy. Butts the quotes mixed signals on trade ready. They're not getting much to equities. You're stuck hundred down one tenth of one percents live in London impulse Bloomberg daybreak. Thanks him back here in the US. We get retail sales data for April at eight thirty AM Wall Street time economists forecast a gain of two tenths percent. Bloomberg's Vinny Del Giudice has a preview in the prior report March retail sales events one point six percent. The most in September twenty seventeen to Bloomberg economics that suggest consumer spending the recover from the first quarter slow and yet a pull back in auto sales. We'll probably your strain APRIL's results beneath down is Bloomberg daybreak. Any? Thank you on Capitol Hill today, lawmakers get an update on efforts to get Boeing seven thirty seven max jets flying again after two deadly crashes. Bloomberg's Bob moon where ports. Nearly two months ago. Boeing chief Dennis Muilenburg was still insisting the plane could keep flying 737 max is safe that was the day before President Trump gave Boeing no choice and announced its grounding. They have to figure it out fast. They know that they're under great pressure that same day. I think Federal Aviation administrator. Daniel L will talked about a in terms of weeks. I the end of the month. All the testing will be completed two months later. There were reports the same regulators slow to ground the plano now being cautious approving software fix and Boeing is having to move the seven thirty seven max it's kept on making straight into storage. Bob moon, Bloomberg daybreak. Bob. Thanks. We're keeping an eye on Uber again today after shares posted their first winning sessions since their debut. Bloomberg's John Tucker joins us live. Good morning. John. Good morning. Shares of Uber rose seven percent yesterday though. They're still down eleven percent since the IPO stock will be ended to some SNP. Dow Jones indices next Tuesday. Meanwhile, we have the first reading of bets against Hooper, according to data from S three partners. Uber short enters totals about seven hundred sixty. Million dollars a little over eleven percent of the float shares right now the pre market down two tenths of a percent. John Tucker, Bloomberg daybreak down. Thank you. And shares of Tel Ray are up two point six percent in early trading. The Canadian company reporting first-quarter revenue that topped analysts estimates and against and p futures are little changed this morning straight ahead. We have the latest world and national news. This is Bloomberg. Karen, it's five O seven now on Wall Street, and Michael Barr has more of what's happening around.

Bloomberg Solly Bloomberg China Juliet Sally Beijing Alibaba Boeing Nissan Bryan Curtis Doug krizner Karen Bob moon United States Tokyo John Tucker Asia Singapore London Tom
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:31 min | 1 year ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"The results market, conditions and most importantly, investor sentiments and change for the goods both enough salute. And also. Relative to last year. So we had a very strong finish of the quarter. Which is now coming a little bit into April as well. Asians came to the rescue for UBS with clients in the region accounting for almost three quarters of inflow. Shares of UBS up one percent in Zurich in the UK. Barclays trading business outperformed its peers with first quarter income falling less than expected revenue from fixed income currencies and commodities rose while equities income tumbled twenty percent CEO Staley you saw light enough in the US in part because the government shutdown and the SEC being off line for of time. But also things like Brexit. I think very much subdued major board room activity in the UK and across Europe. But despite that, I think we did quite well in our markets business in right now shares of Barclays down nearly two percent in London. Elsewhere in Europe, we have word that Royal Bank of Scotland CEO Ross McEwan is resigning McEwan says he's leaving the state back lender. In twelve months time. Shares of Arby s are down about one percent in Asia today. Stocks edged lower following a surprise contraction in South Korea GDP and new guidance from the Bank of Japan. Bloomberg's Juliette Sally joins us from Singapore with details. Good morning. Juliet. Good morning. Nathan and Karen Bulla slowdown down investment. So South Korea's economy, shrink the most since two thousand and ace that sent the kospi down half of one percent in cell while the one led to its weakest level since March twenty seventeen elsewhere the bay oh J lift its policy stimulus unchanged as expected, but adjusted its Fullwood guidance which so a ten year bond futures in Japan spy, the central Bank has pledged to Cape rights ultra-low into twenty twenty and said it's considering a facility to lend ATF's it holds to invest is in Singapore. Juliet Solly Bloomberg daybreak killing. Thank you. And in China today, stocks sank, the most insects. Tweaks as concerns deepen about the government, scaling back stimulus. The Shanghai composite index. Lump two point four percent taking its loss this week to four and a half percent. If that holds tomorrow, it'd be the worst weekly performance this year in Japan, profited, numero holdings plunged in the fourth quarter. Japan's biggest brokerage barely posted a profit with net income of just seven point five million dollars Nokias leading losses on Europe. Stock six hundred the wireless equipment maker reported an unexpected quarterly loss than shares down. Nearly ten percent buyer. Shares are up more than three percent in Frankfurt. The company's agriculture unit posted a five percent jump in first-quarter sales on the strength of results from on Santo still legal concerns over its roundup weed killer are piling up with lawsuits now numbering more than thirteen thousand shares of Facebook are surging up seven percent in early trading. The company posted strong quarterly sales growth, this spike, setting aside three billion dollars for legal costs. Emily Chang has more from our bloom. Nine sixty newsroom in San Francisco. Facebook is preparing for a fine of up to five billion dollars from the US Federal Trade Commission over alleged privacy violations. Sales growth continues to come from Instagram and advertising in its stories feature. It's also hoping for a boost next quarter with its new ecommerce product called checkout in San Francisco. I'm Emily Chang, Bloomberg daybreak. Thanks, emily. Shares of Microsoft or gaining to their four percent in early trading companies, cloud computing business fueled quarterly sales and profit the top estimates. Here's a tesla. Meanwhile, are falling after the company posted a first-quarter loss that more than double the average that was more than double the average estimate. Bloomberg's John Tucker joins us live with details. Good morning. John Karen record drop deliveries combined with the company's largest ever debt payment depleted cash to the lowest level in three years. Test. The porting at adjusted loss of two ninety a share chief executive officer, Elon Musk now reopening the door to returning to the capital markets for cash. Infusion after earlier saying tesla was done losing money right now. The pre market shares down three tenths of a percent. John Tucker, Bloomberg daybreak. All right. John. Thank you p futures are up two points. Now, Dow futures down four NASDAQ futures up about fifteen and straight ahead. We have the latest world and national news. This is Bloomberg. Thank you. Karen? It's five oh seven on Wall Street and Michael Barr has more on what's happening around the world. Good Thursday morning, Michael. Thank.

Bloomberg Juliet Solly Bloomberg UBS Japan Emily Chang Europe South Korea Asia Facebook Karen Bulla San Francisco John Tucker Singapore Barclays UK Ross McEwan Bank of Japan Michael Barr Zurich Arby
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:52 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"We check the markets every fifteen minutes throughout the trading day on Bloomberg SNP futures are up twelve and a half points. Dow futures up one hundred fifty six and NASDAQ futures up forty four the Dax in Germany is up four tenths percent. So is the CAC in Paris and the footsie one hundred is up a quarter percent. Nikkei two twenty five in Japan. Gained half percent. So did the Hang Seng in Hong Kong ten year treasury down five thirty seconds, yield two point six six percent. Yield on the two year two point five zero percents. Nymex crude oil up two tenths percent or twelve cents to fifty seven thirty seven a barrel. Comex gold little changed. Fifty cents to thirteen thirty to thirty an ounce. The euro dollar thirteen sixty four the yen one ten point seven four Nathan Karen, we begin with President Trump, postponing the date to boost tariffs on Chinese goods. The move comes as he cites substantial progress in trade talks that wrapped up yesterday guy. Tell you that whole relationship has been outstanding. We put ourselves into a position of strength for the first time in about thirty five years or probably a lot more than that. But China has been terrific. We wanna make a deal that's great for both countries. If further headway is made in negotiations, president says he and Chinese leader Xi Jinping will meet at his mar-a-lago resort in Florida to conclude an agreement and as leading to optimism about a deal, but there's also caution including some from top US trade negotiator, Robert lighthizer. Bloomberg's Tom MacKenzie reports from Beijing S lighthizer over the weekend said that there were still major hurdles between the two sides. And of course, our reporting suggesting that one of those hurdles. Was a disagreement around the enforcement of any deal on the UN. Of course, the US have been pushing the Chinese to say that they will keep the stable because the US concern should they devalue what it would mitigate the impacts of tariffs, and apparently the enforcement mechanism. There are still details that needs to be on now, and that has remained an area that the two sides needs to close the gap on there's also cautioned coming from China with the official Shinwa news agency publishing a commentary saying talks may face new uncertainties in that trade frictions, or quote, long-term complicated and arduous still stocks in Asia's in China surged on the news of the three hundred entering bull market territory. Bloomberg's Juliette Sally joins us from Singapore with details. Good morning. Juliet. Good morning. Nathan and Karen, the index of large cap stocks listed in mainland China. Search by almost six percent posting its biggest one day advance since August, twenty fifth the gauge joins the small-cap China index and the Shanghai compensating bull market territory. They've rallied more than twenty percent from there. January three laws. It wasn't just trade optimism that boosted markets. Chinese brokerages surged after president she indicated China will deepen reform in the finance sector and fit. I've been out the industry. It was a six session of gains for the Asia Pacific index with every major equity market closing higher keeping that index at October levels in Singapore and Juliet Solly Bloomberg daybreak. All right. Juliette? Thank you turning to Europe. Now, it's all about Brexit this morning with UK Prime Minister, Theresa may raising the stakes in a battle with members of her own cabinet. Bloomberg's Jessica shankleman reports from London Theresa May push back. The deadline for parliament to vote on her Brexit deal to twelfth of March. It's accountable. She hopes will buy him more time for negotiations, but also risks inflaming the revolt against her plan. The prime minister confirm. She won't bring a new DeVos deal bats the house of Commons for final vote this week. Instead, she's asking already skeptical members of parliament to give her more time to renegotiate and then though just seventeen days before the you. K set to leave the block with or without the deal. In london. Jessica shankleman, Bloomberg daybreak. Jessica, thanks in Italy bonds rallying this morning after Fitch Ratings kept the country's credit rating unchanged easing fears, Italy would be downgraded to junk still the agency warns a high level of government debt poses risks turning to corporate news. Now, we have a deal in the drug industry. Roach, holding buying Philadelphia base sparked there for four point eight billion dollars. It's an acquisition that could transform into a leader in gene therapy. And also this deal crossing the Bloomberg Barrick Gold announcing that it has made a proposal to the Newmont Mining corporation board to merge with Newmont and all share transaction. We got earnings from Berkshire Hathaway over the weekend plus commentary from Warren buffet in the chairman's annual letter Bloomberg Susanna Palmer reports berkshires operating earnings rose seventy one percent from the prior year. The company also broke with tradition. Buying back. One point three billion dollars in stock last year. Berkshire is currently sitting on one. Hundred twelve billion dollars in cash and well buffet wants to spend that on a big acquisition. It doesn't see it happening soon buff. It also makes it clear he wants to remain one company when he's gone saying the whole is considerably greater than the sum of the parts. Susanna Palmer, Bloomberg daybreak. All right. Suzanne thank you. When it comes to the US economy. Most economists now see a recession coming in less than two years. Bloomberg's John Tucker joins us live with the details. Good morning, John. Good morning. Karen National association for business economic survey the communists shows ten percent. A c a recession beginning this year. Forty two percent project one next year while twenty five percent expected contraction starting in twenty twenty one and a b members were divided on the impact of the Fed's balance sheet normalization process asked about the impact of the tightening on short term funding rates fifth saw no impact a fifth said it would rise rates raise rates by twenty five basis points at a fifth said they would rise fifty. Basis points or more John Tucker, Bloomberg daybreak John. This could be a busy week for economic news. Tomorrow fed chairman Drome Powell begins two days of congressional testimony on Thursday. We get a read on fourth quarter GDP and Friday, it's manufacturing PM ISM manufacturing figures. This is Bloomberg..

Bloomberg Juliet Solly Bloomberg US China Nathan Karen Bloomberg Barrick Gold Jessica shankleman Juliette Sally president Prime Minister Susanna Palmer chairman John Tucker Hang Seng Hong Kong Germany
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:55 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Six zero one on Wall Street, we check the markets every fifteen minutes throughout the trading day on Bloomberg p futures are up about twenty points this morning. Dow futures up one hundred seventy four NASDAQ futures up sixty nine the Dax in Germany is up one point four percent. Cac in Paris at one percent Footsie-100 a third of a percent Nikkei two twenty five in Japan. Gained one percent. The Hang Seng in Hong Kong up one point seven percent. Ten year treasury down to thirty seconds yield two point seven four percent. Yield on the two year. Two point five seven percent. Now, I'm ex crude oil up four tenths percent or twenty cents to fifty three thirty four a barrel. Comex gold up a third of a percent up three dollars to twelve eighty eight nine hundred. How's the euro dollar thirteen thirty seven and the yen one oh nine point eight zero Nathan, Karen technology. Stocks are in focus today after earnings from Intel the chipmaker's results fell short of estimates that its first forecast or twenty nineteen points to a slowdown. Bloomberg's Nico grant has more the expectation was that the company's data center. Business would slow down. But analysts expected slow down by this much the underwhelming results. Come as Intel also searches for a new CEO, Bloomberg opinion columnist share over day. This is obviously a company that could use a CEO is really at a crossroads. They've had some production hiccups and intello's sort of no longer the world's leader in making this sort of fastest most efficient chips in the world. Shares of Intel had rallied with other chipmakers yesterday. Now, they're down about five and a half percent in early trading. Stocks in Asia shrugged off those weak results from Intel at tech shares leading gains in the region. Bloomberg's Juliet selling has details from Singapore. Strong session for US chipmakers. Boosted the likes of global wafers and TSMC in Taipei sending the Taiex to a seven week high in Tokyo week again lifted the Nikkei by almost one percent. In Hong Kong. Ten cent gave the biggest boost to the benchmark Hang Seng index and ahead of those vice ministerial trade talks in Washington next week the CSI three hundred closed higher by eight tenths of one percent to three thousand one hundred eighty four points in Singapore. I'm Juliet Solly, Bloomberg daybreak. Juliet, thanks to Bloomberg news is learned China is sending vice ministers to Washington on Monday to prepare for those talks US commerce secretary Wilbur Ross tells Bloomberg the outcome of to go. She ations depends on some tough points of contention. The harder issues are the ones that deal with structural reforms, particularly intellectual property rights. So that's a big issue. The equal market access is another very big issue. The idea of forest technology transfers is a huge issue. So far the US has built next week. Stocks is very important. While playing down the chances of a breakthrough CEOs from US banks could also be headed to Washington as House Democrats seek testimony from some of the biggest names on Wall Street. Bloomberg's Bob moon. Our ports executives are likely to be summoned to face questions from the House Financial Services committee. According to people familiar with the discussions, they at least two banks have been contacted by the office of committee chair Maxene waters, who's promised aggressive oversight of megabanks and the regulators as the Trump administration seeks to ease post financial crisis rules. The panel is considering a hearing soon as March those with knowledge of the discussion say waters hasn't officially requested that the Bank CEO's appear though in the plans might change Bob moon, Bloomberg daybreak. All right, Bob. Thank you. Meanwhile, Senator Elizabeth Warren is proposing tax on the Alterra wealthy. Bloomberg's John Tucker joins us live with that story. Good morning. John. Good morning date warrants plan would require the top seventy five thousand households in the US to pay an annual tax of two percent on each dollar of their net worth above fifty million dollars. It would rise to three percent. On every dollar above one billion dollars, the former Harvard law professor who recently established an exploratory committee for the twenty twenty democratic nomination as made enemies on Wall Street by pinning the blame for rising income inequality on the wealthy at large corporations. Earlier this month, you'll recalled New York democratic Representative Alexandria Cossio. Cortes unveiled a plan to hike the top income tax rate to seventy percent, John Tucker, Bloomberg daybreak. All right. John. Thank you PG. He has been cleared of responsibility for California's wine country fire of 2017 sent shares of the utility higher by seventy five percent yesterday. And it's piquing the interest of investors. Like Kenyon partners co founder Joshua Friedman. I think is very interesting particularly in the debt, but I also think it's early stages. This is going to be a very long ballgame. Bankruptcy still appears likely for PG any well, it's been exonerated from the two thousand seventeen fire the damage from last year's fire still looms. Shares are falling in early trading down three percent while the pound is strengthening its reaching its highest level against the euro since may of two thousand seventeen after a report that Northern Ireland's Democratic Unionist Party could back Theresa May's Brexit plan. Bloomberg Sebastian solid joins us live from London with the latest. Good morning Sebastian. Good morning, Nathan and Karen will the sun newspaper say that the party which props up as minority government has private he decided to throw support behind the deal. The big sticking point is always been the Irish backstopped which could results in the hard border between the north and Republic of Ireland's. And that's something UP firmly opposes butts. The party is reportedly now willing to accepts about stop as low as it specifically time-limited the DP and mayor close to agreeing on amendment for voting in parliament on Tuesday live in London on Sebastian sonic, Bloomberg daybreak Sebastien. Thank you. Crude is gaining for a third day as a deepening crisis in Venezuela threatens to complicate OPEC supply. Casa oil has rallied eighteen percent so far in January and a set for its best month since. 2016 checking prices right now. Nymex crude oil is half percent or twenty six cents at fifty three dollars thirty eight cents a barrel. Straight ahead. We have the latest world and national news. This is Bloomberg. Thank you. Karen? It is six oh seven on Wall Street.

Bloomberg US Intel Hong Kong John Tucker CEO Hang Seng Nathan Juliet Solly London Germany Bob moon Ireland Asia Paris Democratic Unionist Party Singapore
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:57 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Might stop manufacturing crisis must reopen. The government the partial government shutdown is now in its nineteenth day turning to trade now talks between the US and China have concluded in Beijing negotiators extended discussions into a third day after initial plans called for just two days of talks. And Bloomberg's Jenny. Leonard says plans are already in the works for another round of negotiations. What we've heard is that a meeting is being prepared for later this month. And then there's also, of course, President Trump with his cabinet going to Davos later this month, a Chinese delegation will be there too. So there could be some engagement there. We now await statements from Washington and Beijing for details on progress made in this round of talks. Meanwhile, sources tell Bloomberg President Trump is eager to strike a trade deal to help boost stocks, Shaun. Donovan has details from the Bloomberg ninety nine one newsroom in Washington. Increasingly in the White House. President Trump is minded to try and strike some kind of deal to find a way out of this. A lot is going to depend on where President Trump is. And what we're hearing increasingly is that he wants to strike a deal. He wants to do it soon. He wants to calm the market that has some China hawks in the administration increasingly concerned about how market volatility is affecting the president's mood on trade. But there's word that the president could soon have even more power when it comes to trade. Policy. Bloomberg's John Tucker joins us live with that story. Good morning, John. Good morning. Karen, sources tell Bloomberg President Trump will use his state of the union address to urge congress to expand. His powers to increase US terrorists. The Bill crafted by White House trade advisor, Peter Navarro's office. We'll give the president broad authority to increase levies on US exports. If he considers trade measures from other countries that'd be too restrictive. Sources say the White House has been working on the initiative with a few House Republicans, but it's unclear whether the Bill will succeed John Tucker, Bloomberg daybreak John. Thanks stocks in Asia posted gains today as positive signs emerged from trade. Talks in Beijing. Bloomberg's Juliette Sally joins us with details on that from Singapore. Good morning. Juliet good morning Nathan and Karen Chinese in Hong Kong. Stocks delayed gains on news of further stimulus efforts to to five rise by over one percent in Tokyo, we've pharma companies in electronics the best performers the Osceola and Yuan rose made the trade optimism while India's. Repay led declines amongst Asian ethics as crude oil hit a three week high in Singapore. I'm Juliet Solly Bloomberg daybreak killing it. Thank you stocks in Europe are also getting a boost this morning. Let's bring in Bloomberg's Sebastian sound. Like a live of in London with the latest. Good morning Sebastian. Good morning. Karen, nathan. Yeah. European stocks about eight tenths of a percent. Majority of groups rising will let today by the automakers that off the news from China, signaling their intention to boost the consumption of cars in the country. It's also being a strong session for the miners. WC oil back above fifty dollars the telecom suffering that worst performing sector for a second day. Now live in London. I'm Sebastian sonic. Bloomberg daybreak Sebastien. Thank you, west Texas intermediate crude is back about fifty dollars a barrel extending its longest rally in a year and a half it is part of the global gain in risk assets as fears ease that the trade war will hurt demand. Checking prices now west Texas intermediate is up two point three percent of dollar fourteen higher fifty dollars ninety one cents a barrel. Brent crude at one point was above sixty dollars a barrel for the first time since December right now, it's fifty nine dollars eighty nine cents beginning minutes from the Federal Reserve's December policy meeting today at two PM, Wall Street time. Bloomberg's Vinny Del Giudice, sir. Port central bankers raised the federal funds target another quarter point last month. But also signal fewer rate hikes this year. We'll Burke economic says the minutes will be scrutinized for clues to the feds thinking and made signs. The economy is shifting into a lower gear earlier this week the president of the Federal Reserve Bank of Atlanta, Raphael, Bostick said the central Bank should opt for just one rate hike this year..

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"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:53 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Nine one newsroom in Washington. The US wants to access dispute resolution panels from the NAFTA framework and the Canadian say that's not going to happen and also access to Canadian dairy markets have been longstanding divisions between the two sides throughout the entirety of these NAFTA talks. So it appears that there needs to be some big movement to get any kind of deal before the end of the week. If the deadline is missed President Trump has threatened to quit. Nafta slap auto tariffs on. Candida in China. Meanwhile, sources tell Bloomberg the government is planning to cut the average tariff rate it charges on imports Bloomberg daybreak Asia anchor. Bryan Curtis has more from Hong Kong, the cut would be for imports from the majority of China's trading partners and would come as soon as next month Premier Li cochon tipped this earlier, but two sources gave additional information China made a similar tariff cut back in July its average tariff currently stands at nine point eight percent. Now, the timing is interesting here just this week the US and China announced that they Jack up the levies imposed on some goods imported from the other in Hong Kong. I'm Bryan Curtis. Bloomberg daybreak. All right, Brian. Thank you, the head of the largest US auto Taylor is issuing a warning on tariffs. Autonation CEO, Mike Jackson says levies on cars would be so disruptive to the industry could drive the economy into a recession. Everyone in the automobile industry doesn't matter whether you're retailer a supplier or manufacturer. Is freaked out at the same time Alibaba, cofounder Jack Ma says the U S China trade war will derail his promise to create one million jobs in the US a rebound in Chinese stocks. Prove short live today equities in Asia struggle for direction as ten year. Treasury yields climbed past three percent. Bloomberg's Juliet Sally reports from Singapore, many K two to five closed virtually unchanged in Tokyo as technical indicators showed signs of overbought territory following the biggest four day rally for the index since two thousand sixteen the yen rose from two month lows as promised to obey look set to extend his six-year Ron in power. Silks in Hong Kong and China wave it after their recent rallies and elsewhere, the K was the best performing J ten currency after Sola GDP figures showing that New Zealand's economy grew at the fastest pace in two years in the second quarter, prompting markets to pay bits on an interest rate cost in Singapore. I'm Juliet Solly Bloomberg daybreak killing. Thank you. President Trump has plans to fill another vacant seat on the Federal Reserve's board of governors. Bloomberg's John Tucker joins us live with the details. Good morning, John. Good morning. Karen, Mr. Trump's choice as former Federal Reserve economists Nellie Lang Lang rose through the ranks at the fed to become the first head of a new division created after the financial crisis that monitor and research financial stability issues. She is a firm believer, Marcus systems, and that the Fed's job isn't a bailout losers or provide.

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"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:56 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Com. U S China trade concerns are back in focus and that has Thompson center pressure this morning, six one on Wall Street. We check the markets every fifteen minutes throughout the trading day on Bloomberg s and p futures are down four points this morning. Dow futures down thirty two NASDAQ futures down thirteen the Dax in Germany's down a third of a percent. Cac in Paris down a quarter percent, the Footsie-100 down three tenths. I said no trading in Japan today due to a holiday while the Hang Seng in Hong Kong down one point three percent. Ten year treasury down one thirty seconds yield two point nine nine percent. Yield on the two year two point seven seven percent. Nymex crude oil up eight tenths percent or fifty four cents sixty nine fifty three a barrel. Comex gold is up about a tenth of a percent or eighty cents to twelve o one ninety announce bomb the White House appears to be putting up mixed messages on trade reaching out to China for talks while simultaneously proceeding with new tariffs, Bloomberg senior editor Jodi Schneider reports. From Hong Kong President Trump has instructed his aides to proceed with. Tariffs on about two hundred billion more Chinese products. And even that offer is out there for the Chinese to meet with their US counterparts. The Chinese officials are now saying, according to the Wall Street Journal that they're not going to come. If more tariffs are imposed Beijing last week had initially welcomed the US invitation for talks before word that the White House is also looking to go ahead with another round of terrace. This latest trade friction led to losses for stocks in Asia today. Bloomberg's Julie sully has details from Singapore. Stocks in Hong Kong, China led the declines as market sentiment. There was also affected by typhoon man Kush, which batted the region of the weekend Macau casino Stokes was sold off as analysts estimated the cost of his shutdown in the gambling hub caused by the storm would cost one hundred eighty six million dollars. Elsewhere the Indian rupee and Korean one Slade while the Philippine peso touched a fresh twelve year, low doubly hit by the EM contagion effect and the aftermath of man Kush in Singapore. I'm Juliet Solly Bloomberg. Daybreak. Thank you Juliet's. Meantime, back at the NAFTA talks is crunch time yet again, Bloomberg's John Tucker. Joining us live with the latest. Good morning, John. Good morning, Bob. Hey, Canadian government official tells Bloomberg high level to go. See Asians are expected to resume this week in a bid to reach a deal for Canada to remain in the North American Free trade agreement the middle of this week. Probably Thursday is considered the next deadline to reach a handshake deal that could be converted into legal tax by the end of this month. The US has dropped some of its most high-profile demands. To officials familiar with the negotiations say the Trump administration is beginning to show more flexibility and the progress of talks picked up last week. President Trump is threatened to proceed without Canada. But congress has warned he can't do that on the current US legal path which calls for a three country deal. John Tucker, Bloomberg daybreak. Karen? All right. John thank you turkeys government is preparing to announce their set of measures.

Bloomberg Juliet Solly Bloomberg China Hong Kong John Tucker US President Trump Asia Singapore White House Wall Street Journal Thompson center Canada Macau casino Stokes Paris Hang Seng Beijing Germany
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:00 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"We had to Singapore for more from Bloomberg's Juliet selling bombing. Karen, the Hang Seng was once again, one of the worst performers in the region with a slot in ten cent following wake in US tech shares weighing on the index some of the emerging markets received a reprieve with the Jakarta composite rebounding after fooling close to four percent Wednesday as the repair Roy's amid signs Bank, Indonesia will its policy right for them. But today's rise not enough to stop strategists from both Morgan Stanley and Abidine standard investments from telling clients to stay away from buying Indonesian. Equities now in Singapore. Juliette Solly, Bloomberg daybreak. Julia. Thank you. Well, emerge. Urging market concerns to show up and stocks EM currencies appear to be stabilizing a bit. Marquette more is a macro strategist for Bloomberg's markets live blog there is a little bit of short-term com. Is it just a pause before we get turf confrontation at the end of this week? Is it just bears gathering there breath, the next to talk or is this a turning point? We can't be certain right now. And that's one of the big issues were debating on the blog either way on mlive this morning and add relative calm, however is not taking hold in the Philippines. So the country's equities bonds and currencies. All tumbling today. Black rock and J P Morgan or warning about emerging market contagion BlackRock says there's a confidence crisis in emerging markets JP Morgan Warren's the trade concerns and Federal Reserve policy will lead to a stronger dollar putting more pressure on EM assets. Donna L batali covers emerging markets for Bloomberg. We're hearing a lot of investors saying that even though you know, they're seeing a lot of value in emerging markets, and they would like to jump in. They're very very worried about the dropping currencies. They're worried about. The trade issues. They're also worried about how long this route will last the emerging market index has fallen more than twenty percent since January on the trade front. President Trump says there may be a resolution in NAFTA talks by the end of the week. A lot of people are saying how are you doing with Canada? We'll let you know, we should know over the next two or three days dairy is one of the core remaining issues negotiations. Canadian Prime Minister Justin Trudeau has opened the door to concessions on that front, but only if Canada get something in return talks continue today in Washington trade tensions are showing up in data from Europe's largest economy. German factory orders unexpectedly fell in July as demand for investment goods from abroad. Slumped orders dropped nine tenths of a percent compared with economists expectations for a one point eight percent increase at the same time. The trade dispute shows no sign of slowing growth in Switzerland. The country's economy expanded seven tenths of a percent in the second quarter beating forecasts for half a percent Switzerland's. First quarter growth was also revised higher to one percent here in the US technology SOX came under pressure yesterday as executives from Facebook and Twitter testified on Capitol Hill. Twitter's CEO, Jack Dorsey apologized dozens of times for the companies mistakes, we found ourselves unprepared. And ill-equipped for the city of the problems that we've acknowledged Facebook chief operating officer Sheryl Sandberg also acknowledged shortcomings over Russian meddling in the two thousand sixteen election. We were too slow to spot this and too slow to act that is on us lectures slumped during Dorsey and Sanders testimony with the NASDAQ composite closing down one point two percent. Facebook finished lower by two point three percent while Twitter. Phil six percent. Bitcoin is falling this morning. It may concern that broad adoption of digital assets. We'll take longer than -ticipant MC loan coverage. Crypto currencies for Bloomberg intelligence. The Bloomberg galaxy cripple index it's made a new low if bitcoin catches up to that low should be around five thousand trend is down should be looking so rallies. And the key thing is diminishing returns from short-covering in bitcoin and the slum comes following a report that Goldman Sachs's. Pulling back on plans to set up a crypto trading desk right now, bitcoin is trading at six thousand four hundred seventeen dollars that's down seven point six per. Percent, and the Bloomberg galaxy crypto index is near its lowest level since November of two thousand seventeen on the corporate front. The FBI reportedly investigating pricing practices at the foreign exchange operations of American Express. The Wall Street Journal says AmEx business customers were recruited with low initial exchange rates, but told those prices were subject to change without notice. American Express is commenting CitiGroup is set to revamp its investment banks. Sources tell Bloomberg city is planning to promote bankers Tyler Dixon and Manolas Falco to run a reconstructed version of its investment banking operations, the move combined city groups corporate and investment Bank with its capital markets origination. Business the plan will likely be announced today. Futures this morning are moving higher futures are up four points. Dow futures up fifty three NASDAQ futures up twelve and straight ahead. We have the latest world and national news. And this is Bloomberg. Thank you. Karen that brings us to five. Oh, seven on Wall Street, the op-ed mystery. Here's Bloomberg's Michael Barr with that story.

Bloomberg Facebook Twitter Bloomberg city Switzerland US Karen Singapore Canada Morgan Stanley Juliette Solly Hang Seng Jakarta Julia Indonesia J P Morgan Philippines Jack Dorsey
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:40 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"And it's five thirty on Wall Street. Good morning. I'm Karen Moskow. I'm Bob moon. We're just about four hours away from the opening of US trading. Let's get you up to date on the news. You need to know at this hour, US futures. And stocks around the world are falling as fears over emerging-market contagion continue with pressure shifting from currencies to stocks. Bloomberg's to leave Sally reports from Singapore and Karen markets in Hong Kong, the Philippines, and Indonesia were the worst performers Jakarta, compass it fooling foot a fifth session down as much as four and a half percent. Its biggest drop since August. Twenty thirteen on consents the wake of repeal will dent economic growth and hurt corporate profits arising inflation in the. Philippines. Above six percent. For the first time in nine years weighed on the PSE, I'm the CSI three hundred meanwhile fell by two percent to close at three thousand two hundred ninety eight points in Singapore. I'm Juliet Solly, Bloomberg daybreak. Juliette? Thank you is warning while dig in on key issues when NAFTA talks resume in Washington today. Prime minister Justin Trudeau said he'd rather see the current deal kill then be forced to accept a bad agreement. Google will not be represented today. When a congressional committee looks into social media companies efforts to stop election meddling, the Senate intelligence committee's has Google's chief legal officer wasn't high level enough to testified what has Jack Dorsey, and Facebook's Sheryl Sandberg will be among those appearing sources say European Union officials are exploring how to unlock a wider breaks it deal by making the so-called Irish border, backstop more palatable to the UK and the financial times is reporting. Mark Carney is expected to stay on as governor of the Bank of England until twenty twenty in a plan. Backed by Prime Minister, Theresa may and shares of buyer known as Bayer here in the US down two percent. The company said earnings will be lower than forecast because delays in the purchase Monsanto push the acquisition passed the new units busiest season. Now, let's get you up to date on how stocks are faring. We check the markets every fifteen minutes throughout the trading day on Bloomberg futures this morning are lower s and p futures down about twelve points. Dow futures down one hundred twenty four NASDAQ futures down thirty seven the Dax in Germany's down one percent CAC in Paris down. One point three percent Footsie-100 down half percent. Nikkei two twenty five in Japan was down half percent. The Hang Seng in Hong Kong fell two point six percent. Ten year treasury up three thirty seconds yield two point eight eight percent yield on the two year two point six four percents. Nymex crude oil down one point two percent or eighty two cents to sixty nine zero five a barrel. Comex gold up less than a tenth of a percent of ninety cents. One thousand two hundred dollars an ounce..

Bloomberg US Hong Kong Prime Minister Philippines Singapore Karen Moskow Google Justin Trudeau Bob moon Hang Seng chief legal officer Juliet Solly Mark Carney NAFTA Sheryl Sandberg Jack Dorsey Juliette
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:44 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Sector ATF and global stocks are a bounding as a degree. Of commerce turns to markets. In Turkey and his five oh one on Wall Street and we check the markets every fifteen minutes throughout the trading. Day on Bloomberg p futures are higher up eight points. Dow futures up sixty three NASDAQ futures up thirty two, the Dax in Germany's up a third of a percent the. CAC in Paris up a quarter percent and the footsie one hundred is little. Change Nikkei. Two twenty five in Japan jumped two point three, percent Hang Seng in Hong Kong down. Seven tenths percent ten year, treasury down for thirty seconds the yield two point eight, nine percent yield on the two year two point six three percents NYMEX crude oil up eight tenths percent or. Fifty two cents to sixty seven seventy two a. Barrel COMEX gold is up to two tenths percent or two dollars forty cents twelve o one thirty an ounce the euro a dollar thirteen eighty nine the yen one eleven even and the turkish lira at six point six zero three one per dollar bob caron stocks and bonds in turkey also rebounding after yesterday's turmoil president erdo on the smoking says the country is facing an economic attack and that there's no reason to warrant the recent decline in the lira at the same time tensions between the u._s. and turkey show no signs of letting up bloomberg's yousef of dean is in istanbul with the latest good morning good morning bob and carry the story here turkey's moving rapidly on the political front we understand that there have been deliberations was the white house top security chief john bolton and the turkish ambassador to the united states to try and find a way out of the standoff around the american pastor that's being held in turkey nothing tangible came out of those talks so there is a potential for more information there and then you're looking at the other front in terms of Credibility, with international, investors a relief rally is underway across the board Turkish pollens Turkish stocks and. The Turkish lira as well the liquidity. Injection from the central Bank helps stabilize the currency but for how long and we're going to get more direction later on today the president of Turkey is going to be speaking again and also, the finance minister is going to go on a teleconference with over a thousand investors so plenty to digest in Istanbul I'm using dean. Bloomberg daybreak, are you said. Thank you president air one is also calling for a. Boycott of US electronic devices veteran emerging markets investor Mark mobias tells us, he, has deep, concerns about the standoff between the United States and Turkey I didn't realize that Trump would be so tough as regards to Brinson and getting his return. Now we see a real bargaining taking. Place between the two leaders and both of them are strong and probably not winning to compromise Mark mobias says There's a real possibility that Turkey will impose capital. Controls to stem the plunge in its currency that he says it'd be bad for the whole developing. Nation asset class stocks in Asia mostly studied today as that, contagion from Turkey remains contained in developed markets Bloomberg's chilly selling reports from Singapore, the regional benchmark index was boosted by a strong performance. From Japan's Nikkei which rose by two point two percent its best one day gain since March. Disappointing Chinese Donna weighed on Chinese. Equities however while China's bonds. Rose CSI three hundred closed down by. Half of one percent Hongkong tech stocks were hammered is sunny optical missed with its. First half numbers weighing on its stoke as well as ten cent and a tech elsewhere India's. Rupee slipped to a record low as the lead route continued to hurt EM currencies in Singapore. I'm, Juliet Solly Bloomberg daybreak Juliette thank you let's get more on that disappointing economic data out of China now for that we turn. To Bloomberg daybreak Asia anchor Bryan Curtis industrial. Output rose six percent versus a projected six point three percent in. A Bloomberg survey retail sales expanded eight point eight percent and that compared to estimates of, nine point one percent China's, economy is losing momentum just as policymakers brace for a trade war fixed. Asset investment, up five and a. Half percent in the first seven months but that compared to an estimate of six percent now officials, have vowed, to boost lending to small companies and to increase, infrastructure investment but that will. Take, some time to take effect Bryan Curtis Bloomberg daybreak thanks Brian we're getting euro area growth data crossing the Bloomberg euro area GDP expanded by four tenths of a percent of the second quarter at beat estimates and suggests some of. The worries at the start of the year may have been overdone meantime in Germany Europe's largest economy. Recorded growth of half a, percent. In the. Period and the UK unemployment has dropped to a forty three. Year low jobless, rate stood at four per In, the, three months are June at, the same time there's little. Sign of, a wage, gains, with pay growth slowing to two point, four percent. Turning to corporate news, now Elon Musk says he's, getting advice from Goldman Sachs and private equity firm Silverlake, as part of his bid to take. Tesla private the, CEO says he's also lined up legal advisers for a possible transaction a spokesman for Tesla's has Musk's comments, refer to his own advisers and attorneys Tesla's board members, didn't immediately respond to requests for comment activist investor Carl Icahn has dropped his, fight to block signals fifty four billion dollar acquisition. Of Express, Scripts the, move, comes. After two prominent shareholder advisory firms came out in support of the deal iconic previously said the deal would be a travesty if it were to proceed homedepot set to report earnings this morning a preview from Bloomberg's Jeff Bellinger the chain could have upbeat, news Bloomberg intelligence says same store sales for the second quarter likely topped forecasts that's based in part on census bureau data showing spending on home improvement increase nearly fourteen Percent in the quarter and the national association of homebuilders report. That sites thirteen and a half percent backlog in remodeling jobs Jeff Bellinger. Bloomberg daybreak Jeff thank you straight ahead the, latest world that national news, this is Bloomberg Thank you Karen 507 on Wall, Street the, latest now on, the security scare in London, here's Bloomberg's Michael Barr good morning good. Morning Bob London police say a man has been arrested after he crashed his current who security barriers outside the houses of parliament so Rowe pedestrians were injured but, London's Metropolitan Police, say no one is in a life-threatening condition the car slammed into barriers that had been extended following the Westminster bridge attack. In, March of two thousand seventeen with the, driver of a, car plowed into crowds killing four people severe flooding from, heavy rain in area to water rescues yesterday nearly eight inches of rain fell in brick township New. Jersey yesterday forcing the evacuation of dozens of people the Jersey Governor Phil Murphy's surveyed the hard hit areas by promise your we're going to work together and try to find every available, resource, we can, and, Lee. Heightened Pennsylvania dozens of. Rafters had to be rescued from. A swollen river Voters in the Connecticut head to the polls today for their, primaries by, Republican gubernatorial candidates, are vying to be the, one man who will try in November. To regain control of the state's top job after nearly eight years of democratic rule President Trump signed defense legislation named for Senator John McCain in a ceremony at, in upstate New, York army base yesterday Trump at fort drum did not once mention the ailing Arizona Republicans name later Trump traveled to Utica. To, campaign for Republican congresswoman Claudia Tenney the, president talked about, the fight over gun laws and governor Andrew Cuomo Cuomo, wants to take away your second amendment now he called me and he said I'll never run for. President against you but maybe he wants to please do it The president also touted his economic record White House national security adviser John Bolton is sent to warn Turkey's ambassador the US has nothing further to negotiate until, it attained. American pastor is freed. Meanwhile a high. Ranking. Russian. Officials, in Turkey Bloomberg's Tony Halpin is in Moscow Russian Foreign Minister Sergei Lavrov continues to visit Turkey on Tuesday at a time when Turkish president I said type one is warning the tensions with NATO ally the. United States may prompt him to seek, new friends heard one on Russian President Vladimir Putin spoke Friday as the crisis with the Turkish lira intensified Washington's. Imposition of sanctions on Turkey has stirred Russian hopes deepening divisions, between the allies to undermine the military alliance in Moscow Tony helping Bloomberg. Daybreak global. News twenty four hours a day on Aaron that tick TAC on Twitter powered by more than twenty seven hundred journalists. And analysts in more than one hundred, twenty countries Michael Barr this is Bloomberg, Bob thank.

Bloomberg Turkey bloomberg president Turkey Bloomberg Juliet Solly Bloomberg united states China Bryan Curtis Bloomberg bob istanbul Trump ATF Japan Michael Barr Germany Jeff Bellinger john bolton Tesla dean
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:46 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"The highest since February twenty seventeen. The Nikkei closed down by one percent stock market losses in Seoul, Sydney, Taipei Singapore, and Mumbai also weighed on the regional index, but Chinese in Hong Kong. Investors certainly bore the brunt of this day selling in Singapore. I'm Juliette Solly Bloomberg daybreak, Juliette. Thank you. We get another central Bank decision today, and this one is live Bloomberg daybreak Europe, anchor, Nara chayhitch joins us now from the Bank of England. Good morning Nara. Good morning, Karen. Nathan markets fully pricing in that quarter point rate rise from the Bank of England today on economists expecting it to, but is this the right time to tighten policy? The data says, go retail, sales have bounced back unemployment is the lowest since the nineteen seventies and crucially inflation is above target. They're awesome signs that we'd had a pickup in the economy since that first quarter slowdown. The big question Mark though, as Brexit and whether the Bank of England could be hiking into a potential slowdown. Now, Mark Carney, we'll get a chance to guide the markets following the decision, but with expectations. Going into the meeting so, high, he may, need to deliver more than just a rate, rise to give support to. Sterling it's hit a two week low in today's session at. The Bank of England in, London, I'm Nara. Chayhitch Bloomberg daybreak thanks in Turkey the, currency has weakened to a record the Turkish, LeRoy, pushed past five per dollar today while stocks and bonds. Tumble moves come. After the, US. Imposed unprecedented sanctions on the country Bloomberg's Symon democrat reports from STAN bowl the sanctions target Turkey's minister of Justice of, do homage and minister of interior Sulaiman soya both? Of whom played, leading roles, in organizations responsible for the arrest and detention of US pastor and ju- Brunson in estan bull semen. On Bloomberg daybreak seven thank you here in the US the Federal Reserve is sticking with. Its plan to gradually lift, rates Bloomberg's John Tucker joins us live with the details good morning John good morning. Karen, the fed, unanimously decided to leave interest rates unchanged while making it clear, borrowing costs are Are headed. Higher cited economic activity that. Has been rising. At a strong raid and repeated guidance. For further gradual increases Scott minorities chief investment officer. At Guggenheim the plan for rate, increases is being further cemented we are going to get. To more rate increases this year for, a rate hike at the central Bank September beating have now risen to one hundred percent policymakers way the reaction as the US economy grew at a four point one percent pace in the second quarter and inflation is close to the feds two. Percent goal John Tucker Bloomberg daybreak. John thanks let's get some earnings out of Europe Societe Generale investment. Bank posted better-than-expected results at the same time it. Recorded a, four percent decline, in. Revenue from stock trading in prime services shares of sock Jenner down more than two percent Shares of Barclay's were initially higher after reporting earnings there now down one percent the. Bank beat on most key. Metrics including, trading, revenue and Barkley said it remains on track to. Meet its return on equity, targets for twenty nineteen and twenty. Twenty shares of BMW or down two percent earnings before interest in taxes for the German automaker fell six point three percent BMW is keeping its forecast. For the, year that makes it an. Outlier in the industry most car companies are cutting. Financial target says global trade tensions escalate shares of Rolls Royce or higher by three percent the company said, full year earnings will be at the upper end of its. Forecast Rolls Royce posted a profit of one hundred million dollars. Analysts had expected a loss here in, the US shares of tesla are up eight percent in. Early trading. After the, company. Burned. Through bless cash in the second quarter. Bloomberg's Charlie Pellett reports CEO Elon Musk. Says profit is around, the corner after years of losses free cash flow was negative seven hundred thirty nine million four the three months ending in June Analysts were projecting tesla would go through about nine hundred. Million during the period musk has insisted the company will not need to raise more capital this year of you that Wall Street has doubted after the. Company repeatedly push back manufacturing. Targets for, the, model three Charlie Pellett Bloomberg daybreak all right Charlie. Thank you and straight ahead, we have the latest world and. National news and this is Bloomberg Darren thanks six oh. Seven, on Wall Street let's bring in Michael Barr to find out what's going on in. The world Michael thank you Maytham president Donald Trump's lawyers and special counsel Robert Muller appear to be Mirroring the final stages of negotiations, over, whether the president will sit for questioning. The two sides of exchange proposals of the scope of a, possible interview about, whether Trump's. Two thousand sixteen campaign colluded with Russia meanwhile the by. Now is downplaying the president's Twitter rampage yesterday slamming the special counsel's investigation the story from Bloomberg's Martin to Carol when the president tweeted the words attorney general Jeff Sessions should. Stop this rigged hunt right now Connecticut democratic Senator dick Blumenthal reacted this way this tweet. Strikes me as very close to obstruction of Justice but White House press secretary Sarah Sanders. Says that wasn't. An order. Just Trump's, opinion, they certainly expressing the frustration. That he has with the level of corruption that we've seen from People like Jim Komi sessions recused himself. From, the Russia investigation long ago in Washington Martin Di Carro Bloomberg radio divided US appeals. Court struck down a key part of president Donald Trump's contentious effort to crackdown on cities and states that limited cooperation with immigration officials, saying, an executive order threatening to cut funding. For sanctuary cities was unconstitutional vice President Mike Pence arrived in, Honolulu to attend, a transfer. Ceremony to honor the remains of the American.

Bloomberg US Bank of England Juliette Solly Bloomberg John Tucker Bloomberg Chayhitch Bloomberg Washington Martin Di Carro Blo Charlie Pellett Bloomberg Bloomberg Darren president Federal Reserve Mark Carney Rolls Royce Donald Trump Turkey Karen tesla John Singapore
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:53 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Six zero one on Wall Street we check the markets every fifteen minutes throughout the trading day on Bloomberg s. And p futures they're up about two points now Dow futures up thirteen NASDAQ futures up twenty five Dax in Germany's up four tenths, percent can Paris up two tenths percent Footsie-100 up six, tenths percent Nikkei two twenty five in Japan gained six tenths percent the Hang Seng in Hong Kong up about. A tenth of a percent ten year treasury up to thirty seconds yield two point nine six percent yield. On the two year two point. Six seven percent NYMEX crude oil down three tenths percent or twenty one cents to sixty. Nine forty one a barrel COMEX gold down six tenths percent or seven, dollars eighty, cents at. Twelve twenty. Seven fifty an. Ounce John we. Begin with earnings from Amazon the company shares are four percent in. Early trading after profit that more than doubled projections Emily Chang has more, from our Bloomberg nine sixty newsroom in San Francisco, Amazon, earnings NIST Alice Estimates on revenue and the revenue forecast but massively on earnings in part driven. By cloud growth and growth. The company talked up the prime program as always and said that it's whole. Foods that's really. Driving a lot of new prime memberships also talked about having the biggest prime day ever despite that big technical glitch. Bloomberg is also reporting that the Pentagon is very close to issuing this winner-take-all contract for its cloud business and that that really favors, Amazon Emily Chang Bloomberg San Francisco Emily thank you here's, of Intel plunged after its earnings report the stock sound five percent in early trading after signs at chipmakers growth. May slow that's despite second quarter results that topped estimates an entree Novon covers Intel for Bloomberg intelligence across. The board this is a good. Quarter now you have the preface that from an expectation standpoint AMD printed an MD just. Do, the cover off the ball so on a relative basis maybe expectations, that are, mismanaged, by Remember that Intel has ninety eight point. Five percent share for example in the data center, market in AMD has one point five so we named the more. Room to grow Emily Intel stock falls this morning shares of AMD are up about three percent we have a couple of energy deals. To tell you about BP has agreed to pay ten and a half billion. Dollars for most of HP Billiton's onshore US oil and natural gas assets the acquisition as VP's biggest since, one thousand nine hundred nine and includes land, and the prize, Permian, basin the. World's fastest growing major oil region at the, same time Chesapeake energy as the greatest sell its Utica shale assets in Ohio too. Closely held Encino acquisition partners Chesapeake will use. Nearly all proceeds from the two billion dollar deal to pay. Down debt that has shares. Up fourteen percent in early trading the two biggest oil, companies in the US report earnings today Bloomberg's Jeff Bellinger reports. Exxon Mobil Chevron will post, their second quarter results Bloomberg intelligence Says ExxonMobil's positive free cash flow will more than. Cover its dividends but the company will hold onto its cash. Rather than, buy back shares it may be too early for Chevron to. Restart by backs but executives may offer some guidance, on the timing. And size of the program analysts think Exxon will post. A profit of a dollar twenty seven a share on revenue topping seventy one and the third billion dollars chevrons profit is projected to come in at two dollars and eight cents a share. On revenue of nearly forty six billion dollars Jeff Bellinger Bloomberg daybreak Jeff thank you it's a big day, for USA conomic data with the first reading on second quarter, GDP due out at eight thirty Wall Street time I kinda messed forecast growth will come in above. Four percent Bloomberg's Vinny Del Jude is reports it's been almost four years since US economic growth top four percent with rapid growth be sustainable, economists had their dads about the rest of the year Bloomberg. Economics CS a variety, of special. Factors at work in the second quarter. Data additional The. Impact of White House trade policy, could derail growth in the months ahead in the, first quarter GDP slow to two percent pace one more thing that surge. Growth back in two thousand fourteen it was a five point, two percent gain any chewed ice Bloomberg daybreak thanks for let's head over to Asia. With the Bank of Japan's today offered to buy, an unlimited, amount of bonds for a, second time. This week the central Bank is looking to table rise it yields let's come amid speculation it could adjust its alter loose monetary policy move from the b. o.. J. a series, of. Stimulus steps. From China this week and earnings they were all in focus during today's trading session in Asia Bloomberg's Juliet Sally as details from our. Singapore bureau Japanese equities climbed for fourth day shrugging off a. Decline in the mirror holdings following. A prophet slide intensifying speculation about tweaks to the, Bank of Japan's stimulus program so, a ten, year yields briefly trade about point one of a percent. Against the j. target of around zero but they slipped in after noon trade is. This Central Bank unleashed another unlimited. Bond purchase offering stock index is in China and Hong Kong. Tick Loa the off show, you on bouncing off its weakest level in. More than. A year in Singapore I'm Juliet Solly Bloomberg daybreak Juliette thank you on the trade front US Trade Representative Robert lighthizer says a. Tentative NAFTA. Deal could be reached as soon as next. Month that, would be the deadline. Favored by Mexico but lighthizer, says there's still, hurdles to overcome and talks with Canada US relations with China meanwhile show no signs of improving. Lighthizer splaying down the prospect of a trade agreement with Beijing, at the, same time a top Chinese trade official. Railed against the US trade strategy calling it extortion and China is now expressing. Regret over Qualcomm, decision to scrap its takeover of semiconductors it's an apparent attempt to. Avoid blame at a Chinese regulators failed to rule on the deal more than twenty months after it was announced, s&p futures up a point basically. Is Bloomberg daybreak Six.

Bloomberg US Emily Chang Bloomberg San Fran Jeff Bellinger Bloomberg Asia Bloomberg Intel Juliet Solly Bloomberg Bank of Japan Amazon Hong Kong China AMD Emily Chang NYMEX Emily Intel Jeff Bellinger Chevron
BP pays $10.5 billion for BHP assets to beef up U.S. business

Bloomberg Daybreak

05:53 min | 2 years ago

BP pays $10.5 billion for BHP assets to beef up U.S. business

"Six zero one on Wall Street we check the markets every fifteen minutes throughout the trading day on Bloomberg s. And p futures they're up about two points now Dow futures up thirteen NASDAQ futures up twenty five Dax in Germany's up four tenths, percent can Paris up two tenths percent Footsie-100 up six, tenths percent Nikkei two twenty five in Japan gained six tenths percent the Hang Seng in Hong Kong up about. A tenth of a percent ten year treasury up to thirty seconds yield two point nine six percent yield. On the two year two point. Six seven percent NYMEX crude oil down three tenths percent or twenty one cents to sixty. Nine forty one a barrel COMEX gold down six tenths percent or seven, dollars eighty, cents at. Twelve twenty. Seven fifty an. Ounce John we. Begin with earnings from Amazon the company shares are four percent in. Early trading after profit that more than doubled projections Emily Chang has more, from our Bloomberg nine sixty newsroom in San Francisco, Amazon, earnings NIST Alice Estimates on revenue and the revenue forecast but massively on earnings in part driven. By cloud growth and growth. The company talked up the prime program as always and said that it's whole. Foods that's really. Driving a lot of new prime memberships also talked about having the biggest prime day ever despite that big technical glitch. Bloomberg is also reporting that the Pentagon is very close to issuing this winner-take-all contract for its cloud business and that that really favors, Amazon Emily Chang Bloomberg San Francisco Emily thank you here's, of Intel plunged after its earnings report the stock sound five percent in early trading after signs at chipmakers growth. May slow that's despite second quarter results that topped estimates an entree Novon covers Intel for Bloomberg intelligence across. The board this is a good. Quarter now you have the preface that from an expectation standpoint AMD printed an MD just. Do, the cover off the ball so on a relative basis maybe expectations, that are, mismanaged, by Remember that Intel has ninety eight point. Five percent share for example in the data center, market in AMD has one point five so we named the more. Room to grow Emily Intel stock falls this morning shares of AMD are up about three percent we have a couple of energy deals. To tell you about BP has agreed to pay ten and a half billion. Dollars for most of HP Billiton's onshore US oil and natural gas assets the acquisition as VP's biggest since, one thousand nine hundred nine and includes land, and the prize, Permian, basin the. World's fastest growing major oil region at the, same time Chesapeake energy as the greatest sell its Utica shale assets in Ohio too. Closely held Encino acquisition partners Chesapeake will use. Nearly all proceeds from the two billion dollar deal to pay. Down debt that has shares. Up fourteen percent in early trading the two biggest oil, companies in the US report earnings today Bloomberg's Jeff Bellinger reports. Exxon Mobil Chevron will post, their second quarter results Bloomberg intelligence Says ExxonMobil's positive free cash flow will more than. Cover its dividends but the company will hold onto its cash. Rather than, buy back shares it may be too early for Chevron to. Restart by backs but executives may offer some guidance, on the timing. And size of the program analysts think Exxon will post. A profit of a dollar twenty seven a share on revenue topping seventy one and the third billion dollars chevrons profit is projected to come in at two dollars and eight cents a share. On revenue of nearly forty six billion dollars Jeff Bellinger Bloomberg daybreak Jeff thank you it's a big day, for USA conomic data with the first reading on second quarter, GDP due out at eight thirty Wall Street time I kinda messed forecast growth will come in above. Four percent Bloomberg's Vinny Del Jude is reports it's been almost four years since US economic growth top four percent with rapid growth be sustainable, economists had their dads about the rest of the year Bloomberg. Economics CS a variety, of special. Factors at work in the second quarter. Data additional The. Impact of White House trade policy, could derail growth in the months ahead in the, first quarter GDP slow to two percent pace one more thing that surge. Growth back in two thousand fourteen it was a five point, two percent gain any chewed ice Bloomberg daybreak thanks for let's head over to Asia. With the Bank of Japan's today offered to buy, an unlimited, amount of bonds for a, second time. This week the central Bank is looking to table rise it yields let's come amid speculation it could adjust its alter loose monetary policy move from the b. o.. J. a series, of. Stimulus steps. From China this week and earnings they were all in focus during today's trading session in Asia Bloomberg's Juliet Sally as details from our. Singapore bureau Japanese equities climbed for fourth day shrugging off a. Decline in the mirror holdings following. A prophet slide intensifying speculation about tweaks to the, Bank of Japan's stimulus program so, a ten, year yields briefly trade about point one of a percent. Against the j. target of around zero but they slipped in after noon trade is. This Central Bank unleashed another unlimited. Bond purchase offering stock index is in China and Hong Kong. Tick Loa the off show, you on bouncing off its weakest level in. More than. A year in Singapore I'm Juliet Solly Bloomberg daybreak Juliette thank you on the trade front US Trade Representative Robert lighthizer says a. Tentative NAFTA. Deal could be reached as soon as next. Month that, would be the deadline. Favored by Mexico but lighthizer, says there's still, hurdles to overcome and talks with Canada US relations with China meanwhile show no signs of improving. Lighthizer splaying down the prospect of a trade agreement with Beijing, at the, same time a top Chinese trade official. Railed against the US trade strategy calling it extortion and China is now expressing. Regret over Qualcomm, decision to scrap its takeover of semiconductors it's an apparent attempt to. Avoid blame at a Chinese regulators failed to rule on the deal more than twenty months after it was announced, s&p futures up a point basically. Is Bloomberg daybreak Six.

Bloomberg United States Emily Chang Bloomberg San Fran Jeff Bellinger Bloomberg Asia Bloomberg Intel Juliet Solly Bloomberg Bank Of Japan Amazon Hong Kong China AMD Emily Chang Nymex Emily Intel Jeff Bellinger Chevron
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:25 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Ounce the euro dollar sixteen. Fifty five and the, yen, won twelve. Point four three bomb the brewing. Trade war is moving into currency markets the dollar is weaker since, President Trump's criticism of Federal Reserve policy late yesterday the president said he. Doesn't like the central Bank raising interest rates Lucy McDonnell is chief investment officer for global equities at all Aeon Scoble investors. The tiny that I would suggest is to do with. The concerns about currency if there is a feeling that the trade tensions are moving into a currency war then he would definitely want to be involved. In that will say that from the reading of the. Timing would look to be the case the has raised, rates five times since President Trump took office and the Bloomberg, dollar spot index has gained about six percent since February, trading in Asia today began with China's Yuan, slumping yet Again after the country's central Bank weakened it's fixing by the most in more than two years Leland Miller is CEO. Of China beige book international was definitely, trade we're related but. China's not devaluing the currency they're just not stepping up to prop it, up six seven may worry markets. But it's not the place where the wants to step into stop this, so I. Think the two critical numbers one six nine above. Six nine is where President Trump. And inherited the you on and if it gets any weaker than that that it means that the you want. Has weakened on his watch that's not a good symbol it's something that the. Chinese would really be prodding and poking President Trump if they do that the. Chinese currency is off lowest levels of the day now the offshore Yuan is at, six point seven nine four seven the Bloomberg dollar spot index is at eleven eighty four point seven eight so yesterday trade worries sent metal. Prices sharply lower this morning there reversing some of those losses we get details from Bloomberg executive editor for commodities Stuart Wallis little bit of a rebound it seems to be following the Yuan Right now of course many of the commodities. Watching the toll, which should employ home on the other hand if you could what's going on in, the background enormous on about the impact is going to be quite a great Medals have sold off over the past six weeks. On concerns he escalating trade conflict could dente man for raw materials equities in China posted strong gains today, with the Shanghai composite index according its, biggest gain in a week Bloomberg's Julie selling has details from our, Sydney bureau three hundred finished Friday's session higher by almost two percent posting its first gain of the week after Elliott being in the red as, the wakened the daily you on fixed the. Most since June two thousand sixteen but try to sell Bloomberg big Chinese Bank within offering to sell the dull. In the, UN reach six. Point eight. One earlier. In the day and that prompted a turnaround in Hong Kong and Chinese Hsieh's banking stocks led the gains on expectations that regulators will loosen, rules on the asset management, industry in, Sydney I'm Juliet Solly Bloomberg daybreak thank you Juliette here in the US auto groups, and industry workers condemned the idea of raising tariffs, on cars at a public hearing in Washington yesterday John Zarrella presidency Of the association of global automakers spoke to Bloomberg following his testimony at the hearing there is absolutely no. Case for high tariffs on auto imports and auto. Parts imports national security threatened in fact just the contrary those those imports support a competitive dynamic industry that, leads to investment in innovation with.

President Trump Bloomberg China Juliet Solly Bloomberg president Federal Reserve Chinese Hsieh Hong Kong chief investment officer Asia Lucy McDonnell John Zarrella Sydney Leland Miller US UN Washington
One Hundred Billion Dollars, Fifty Billion Dollar and Eight Percent discussed on Bloomberg Daybreak

Bloomberg Daybreak

03:34 min | 2 years ago

One Hundred Billion Dollars, Fifty Billion Dollar and Eight Percent discussed on Bloomberg Daybreak

"A risks from trade tensions but that won't shake its decision to end asset purchases later this year as according to ecb executive board member corps spoke exclusively to bloomberg from france or we're not complacent on the possible risks fullfledged trade war would be bad for the world economy starting with the us away so the first victim would the us jobs us workers and we very much doesn't happen ecb executive board member corps tells us a further escalation of tariffs could do serious damage to business confidence we also hear from president mario draghi today he makes your march at nine am wall street time chairs xiaomi debuted in hong kong today against the backdrop of those global trade tensions the chinese smartphone maker saw its stock fall more than one percent in its first day of trading bloomberg's stephen engle has more from hong kong shares fell right out of the gates here on its ipo in the hong kong stock exchange lot of uncertainty about this company and its lofty valuation also the true nature of its business is it more of a low margin handset manufacturer or is it like the chairman late june says a broader internet services company on the one hand xiaomi is now a fifty billion dollar company the third largest in the world for handset manufacturers but it's a far cry of an earlier estimate last year of a valuation upwards of one hundred billion dollars stephen engle bloomberg news uncle stephen thank you as for other assets in asia today stocks currencies commodities some bonds all posted solid gains bloomberg's juliette sally reports from our singapore bureau china's currency rose against the dollah one week after the country's officials emphasized they wouldn't be using you want as a trade policy weapon the csi three hundred of large cap stocks in china closed high by two point eight percent to three thousand four hundred and fifty nine points a solid session for japanese stokes engineering and construction firms rallying after the floods damn but nissan took a hitch on reports it falsified inspection data on exhaust ratings the start closing down at four and a half percent in tokyo two thousand and three yen in singapore and juliette solly bloomberg daybreak chillier thank you and we're now getting more details from nissan and press conference this morning the company said it found misconduct in exhaust emissions and fuel economy measurement tests said it's to penn plants nissan reported the results to japan's transport ministry today and says a full investigation is underway futures this morning are moving higher with us in p futures up nine points dow futures up ninety eight nasdaq futures up twenty six and straight ahead we have the latest world and national news this is bloomberg and karen that brings us to five oh seven on wall screech decisions decisions at the supreme court let's bring in bloomberg's michael barr with the latest good morning michael good morning bob he was the first runner up a year ago now judge thomas hardiman seems to be a strong contender to be president trump's second pick for the supreme court that's according to three people familiar with the process other finalists are said to be appeals court judges brad kavanagh amy coney barrett and raymond catholic trump said yesterday as he was boarding air force one daddy would finalize his decision by noon today i'm getting very close decision i believe this person will do a great job trump will make his official announcement at nine pm wall street time tired authorities said.

One Hundred Billion Dollars Fifty Billion Dollar Eight Percent One Percent One Hand One Week
Asia, Germany and Solly Bloomberg discussed on Bloomberg Daybreak

Bloomberg Daybreak

01:23 min | 2 years ago

Asia, Germany and Solly Bloomberg discussed on Bloomberg Daybreak

"Business app and john on twitter this is a bloomberg business flash and i'm karen moskow panic over political turmoil in italy appears to be easing italian bonds are rebounding along with us futures and european equities meanwhile in asia stocks fell below a key technical support level and today's session with a renewal of u s china trade tensions sapping investor sentiment bloomberg juliet sally has more from our singapore bureau karen the asia pacific index dropped below it's two hundred day moving average for the first time in almost two years financial stokes led the region lower on concerns over exposure to italian dish stokes in shanghai sit for their worst run of losses since twenty thirteen just two days before joining msci's global benchmarks stokes in malaysia had their biggest drop intraday since two thousand eight in tokyo the topic's not an eight session of losses its longest losing streak since july twenty twelve in hong kong ten cent fell below four hundred hong kong dollars a share as this tech stocks stops to lose it so lou louis to mainland buys they've dumped around eighty one million dollars worth of the stoke over the past four nash in singapore juliette solly bloomberg daybreak juliette thank you and right now i shouldn't p futures are up seven and a half points dow futures up seventy four nasdaq futures up fourteen the dax in germany is up two tenths percent ten year treasury down fourteen thirty seconds yield two point eight.

Asia Germany Solly Bloomberg Lou Louis Tokyo Shanghai Singapore Juliet Sally Technical Support John Karen Moskow Bloomberg Hong Kong Malaysia Msci Italy Twitter Eighty One Million Dollars
"solly bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:43 min | 2 years ago

"solly bloomberg" Discussed on Bloomberg Radio New York

"Mobile app and tick tock on twitter this is a bloomberg business flash and i'm karen moskow in asia today stocks traded mostly lower as a stronger dollar and a selloff in treasuries impacted sentiment bloomberg's juliet sally has details from our singapore bureau karen stokes in hong kong and taiwan were among the weakest performers as investors dumped tech stocks which rallied monday apple supply technologies fell in hong kong as its first quarter earnings estimates although many analysts bullish uva turnaround in the second half the nikkei two to five close two tenths of one percent low in tokyo despite a week eight yen johnny stokes on the mainland gain traction however dada showing china's economic momentum broadly held up in april sentiment also boosted by msci's announcement the two hundred and thirty four lodge domestic stocks will be included in its major em index is from the first of june and stokes in vietnam rallied as fitch upgraded its credit rating on the nation to double bay with a stable outlook in singapore juliette solly bloomberg daybreak juliette thank you and european stocks are struggling for traction following those declines across asia investors grapple with worries around trade growth and geopolitics a bond selloff meanwhile is deepening we check the markets every fifteen minutes throughout the trading day on bloomberg futures are lower s and p futures down five points dow futures down forty four nasdaq futures down fifteen the dax in germany's down two tenths percent ten year treasury down three thirty seconds yield three point zero one percent the yield on the two year two point five five percent nymex crude oil up to ten percent or twelve cents to seventy one eight a barrel comex gold is down six tenths percent on eight dollars twenty cents at thirteen ten announce.

fitch germany solly bloomberg tokyo uva apple singapore bloomberg twitter vietnam msci johnny stokes taiwan hong kong juliet sally asia
Stocks close week slightly lower

00:59 sec | 2 years ago

Stocks close week slightly lower

"In asia today stocks closed the week lower as technology shares came under earningsrelated pressure for them juliet sully has details from our singapore bureau heroin it was all about the tech full out in asia tsmc shares in taiwan fulling almost seven percent its biggest one day drop since july twenty thirteen in taipei after rekindling concerns that the smartphone industry's best as maybe behind tsmc's lost dragged on the tax which closed lower by one point seven percent the tech selloff so the asia pacific index hope two days of gains pairing its weekly win to around a quarter of one percent in singapore juliette solly bloomberg daybreak futures are following asian shares lower we check the markets every fifteen minutes throughout the trading day on bloomberg with us in p futures down six and a half points dow futures down seventy five nasdaq futures down twenty nine the dax in germany's down about two tenths of a percent now ten year treasury down one thirty seconds yield two point nine one percent the yield on the two year two.

Asia Heroin Taiwan Taipei Tsmc Bloomberg Juliet Sully Singapore Asia Tsmc Solly Bloomberg Germany Seven Percent One Thirty Seconds Nine One Percent Fifteen Minutes One Percent Ten Year Two Days Two Year