17 Burst results for "Stephen Carol"
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"It's a 40 in London I'm Stephen Carol. Let's get a check on where markets are trading for you at this hour. The stock 600 up by two tenths of 1%, the 4100 to two tenths higher as well. The Kat caron in Paris and the Dax and frankfurter boat up just around a tenth of 1% this morning the FTSE made of Milan two ten tires. We are looking at a market day that's much quieter because of course the U.S. markets are closed for presidents day. Wall Street futures are in the red by about two tenths of 1% in the S&P E minis, but of course no trading on those markets today. Now, in general, we are looking at a fairly quiet day in terms of data as well. Tomorrow is the big day for PMIs in Europe and numbers from the UK from France from Germany for the Eurozone. We'll have out tomorrow the last week flash BMIs for the U.S. out tomorrow and we have the U.S. initial jobless claims numbers coming out on Thursday as well. So lots of Central Bank speakers will be around later in the week, too, but markets taking a bit of a breather today and what we're seeing in trading, although equity is still pointing north as they are digesting both the hawkish commentary. We got it at central bankers last week, and hopes over the Chinese rebound from, as it reopens from COVID zero, interesting to see oil prices this morning moving higher, Brent crude, 8 or 9 to 1% higher now, $83 and 75 cents is where that's trading this morning. The Bloomberg dollar spot index is flat. We are watching European natural gas prices as well. They'd fallen below €50 a megawatt hour in the Dutch GTF exchange. Last week, that was the lowest point in 17 months. So just above that €50 mark this morning, but it is an interesting one to keep an eye on in the context of the conversations we're having about the approaching that first anniversary of the war in Ukraine. Elsewhere in the currency markets, the Euro now in the radicals the dollars in our back below one O 7, so one O 6 87 is where that's trading against the dollar. Also a touch weaker on Sterling two on cable that's trading at one 20, 27 as well, not much moving to their own European barns, ten year basis point higher this morning, 2.45%, the ten year gilt yield is a basis point lower. Nearly two basis points lower now trading at 3.49%. That is your Bloomberg radio business flash. Now let's get a global news briefing from Leanne garran's. Stephen, good morning, North Korea has fired two suspected ballistic missiles while issuing a warning to the U.S. over joint military exercises. It comes less than two days after Pyongyang launched a long-range missile capable of hitting the American mainland the weekend saw the U.S. and the allies South Korea and Japan hold aerial drills in a show of force amid continuing tensions in the region. Now senior diplomats say atomic inspectors in Iran have detected uranium enriched to levels just below that needed for a nuclear weapon. It's the second time this month, that monitors say they have detected a suspicious activity. It's not yet clear whether Iran intentionally did produce the material. And Qatari group has hired Bank of America as one of the advisers for its bid to buy Manchester United, the effort is being led by the royal family member Sheik jassim Al thani, who is also chairman of Qatar Islamic bank. The group's opening offer could value man united at $6 billion, the qataris are set to face competition from the British billionaire Jim Radcliffe who's lined up financing from banks including Goldman Sachs. Global news, 24 hours a day, powered
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"This is Bloomberg daybreak Europe. I think what you're going to see in the UK is you're going to see the Central Bank having to respond to really bad data. Tax cuts should not be the priority at the moment. It's about a credible plan for growth over the next two, three years. I think we have started to turn a corner. That's encouraging. There's a long way to go and there are a lot of risks. We know that we have ground to cover. We know that we are not done. Bloomberg daybreak, Europe, on Bloomberg radio. And at 7 30 a.m. here in London good morning, I'm Caroline heppel. And I'm Stephen Carol, this is Bloomberg daybreak, Europe. We checked the markets for you all day long at Bloomberg gear stocks 50 futures, half a percent lower, 4100 features, three tant to 1% lower as we look towards the start of the European trading session Wall Street futures also in the red S&P E minis down by a tenth of 1%. The Japanese yen now just four tenths of 1% stronger after that report, if you've had from the Nike about the potential name for the new governor of the bank of Japan, the announcement formally due to take place next week, the Bloomberg dollar spot index is a touch weaker. The pound is two tenths of 1% weaker against the dollar one 2095 is where it's trading. And now to our top stories, the UK avoided a recession by the narrowest of margins last year, GDP was on changed in the final three months of 2022 following a revised two tenths of 1% decline in the previous three months. However, the cost of living crisis and industrial action hit the economy hard in December without put declining by half a percent in the final month of the year. Professor Stephen Miller deputy director at the National Institute of economic and social research says that 2023 will be a tough year for many. And the key points I think I'd like to make is that although we're not forecasting a recession as such, life is certainly not going to be great for a large number of households. We're not expecting the economy to grow that much at all. Professor Stephen millard also told us that one in four UK households will be unable to pay their energy and food bills in 2023. The Bank of England governor Andrew Bailey says big increases in public sector pay will add to inflation if they aren't offset by tax increases. Speaking to the treasury select committee in parliament, Bailey said that even with falling energy costs inflationary risks remain. There are really sort of two countervailing forces going on at the moment. There are very powerful base effects that are going to come out that effectively come out this year. And that puts a very powerful negative trajectory on inflation. And that's really down to a lot of that is down to energy prices. Now, we all concerned about persistence. And that's why we frankly raised interest rates this time. The Bank of England governor was speaking as firefighters called off the threat of strikes after receiving an improved pay offer, the fire brigade's union said its members would vote on a 7% raise back data to last summer and a further 5% increase from this July. Now Trafigura is facing a $577 million loss after discovering metal cargoes it bought did not contain the nickel that they were supposed to. Bloomberg zucchini broke down the story for us. Trafalgar is a company that has grown rapidly in the past decade to become one of the world's largest trading houses and it spent the last two months uncovering what it now believes to be systemic fraud against it. And people close to the matter say the group's head of nickel and cobalt trading is actually leaving the company, although the firm has said in a statement it does not believe anyone at the company was complicit in the fraud. Sukin reporting that the revelations are another black mark for the metals trading industry which is recent years has been beset by tales of fake warehouse receipts, duplicate shipping documents and even containers filled with painted rocks. China's consumer price inflation accelerated last month as the lunar new year holiday stimulated demand, CPI rose in line with inflation hitting 2.1% year on year. Bloomberg economic says the pickup in CPI was down to higher food prices, core inflation which strips out food and energy costs gained just 1%. Okay, those are a few of our top stories for you still had on blue bag daybreak here. We're going to talk about the global outlook with Friday duke rose, who is head of macroeconomic research at picte, wealth management, a very difficult year ahead for the UK expected not quite so bad elsewhere, but that yields curve inversion is a difficult signal for the U.S.
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"This is Bloomberg daybreak Europe we judge that interest rates we still have to rise significantly at a steady pace. We expect inflation to start falling more rapidly, probably from the late spring onwards. There is a risk that it won't happen in that way. Things aren't working properly in the UK. The question for the government isn't only. How do you resolve these disputes? How do you get Britain? What can properly again? Bloomberg daybreak Europe on Bloomberg radio. And at 7 30 a.m. here in London, I'm Caroline Hepburn. And I'm Stephen Carol, this is Bloomberg daybreak Europe. We check the markets every 15 minutes for you on Bloomberg radio, looking at Euro stocks 50 futures 7 tenths of 1% tires were half an hour away from the start of the cash equities trading session, S&P mini futures a half a percent higher on Wall Street as well. We had some follows in the Asian session the Nike in Tokyo down 7 tenths of 1% of course we're watching the Japanese yen very closely holding on to the gains from yesterday after that bank of Japan decision to adjust the yield curve control the an spot index two ten to 1% week or a 132 against the dollar is where that's trading, the ten year yield close to the new upper limit of half a percent 0.47% is where it's trading up 7 basis points. The two year yield back in negative territory after a brief foray into positive earlier it's now down by 0.02%. Okay, those are the markets. These are our top stories, the crisis in the UK's health service is deepening as 25,000 paramedics and ambulance crews go on strike for the first time in 30 years, NHS bosses are warning that they can't guarantee the safety of patients and ministers are warning people to avoid risky activities, prime minister Vichy sunak says his priority is bringing down inflation. The best way to
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"A winter power emergency. I'm Gina survey and for kc and San Francisco, I'm talking about gap, having a pretty good quarter and getting a handle on its merchandise build up. I'm Jeff Bellinger and on WTB and in Columbus I'm reporting on the enhanced employee benefits at JPMorgan Chase. I'm Stephen Carol on Bloomberg DAB digital radio in London we've been reporting on reaction to the bleak new reality of recession and higher taxes for the UK after the Chancellor's autumn statement. And those are some of the stories are 2700 Bloomberg journalists and analysts are working on this morning around the world. It's 5 39 on Wall Street. The following is an editorial from Bloomberg opinion. This editorial was written by the Bloomberg editorial board. In one sense, investors and regulators should be grateful to Sam bankman freed. The erstwhile head of the FTX cryptocurrency exchange. The spectacular flame out of his virtual empire has become a masterclass on everything that's wrong with crypto markets. Several lessons stand out that crypto denominated assets warrants skepticism, for example, that market capitalization isn't the same as value, and that accounting and consumer protections really do matter. Whatever the potential benefits of crypto, the surrounding speculative friendly has little to do with them. On the contrary, it is mostly served to separate people from their money as FTX has shown. Lawmakers and regulators should act to keep crypto from threatening to broader financial system. And in the meantime, the message for investors and traditional finance remains simple. Stay away. This editorial was written
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"For the tri state business report with Bloomberg, Joan dogger The Manhattan luxury market is still a healthy one, at least according to developers of a new boutique condo in the village. Dow Jones reports the building sold nearly all of its 28 units in a week and a half without any marketing involved. All of it through word of mouth, the average unit sold for three and a half $1 million. The city's first Major League Soccer stadium will be built across from city field. CBS two reports the 25,000 seat stadium will house the New York City football club, the $780 million project will include a hotel in new housing. The report says the soccer club will pay for the stadium. And a unit of a Singapore company is won two contracts from New Jersey transportation officials. One would design and operate tolling systems on the garden state Parkway in the turnpike. The second would do the same on the Atlantic City expressway. That one would run 12 years. That's the Bloomberg tri state business report. I'm Joan doniger. Thanks, Joan. Now, let's check some of the top stories heard on our 300 Bloomberg affiliate radio stations around the world. I'm Steve potus on K and X in Los Angeles. We're talking about how cage free egg demand is really cracking the market as consumers push for change. When you don't know how in Houston and you study finds house prices could tumble as much as 20% as mortgage rates soar. I'm Jeff Bellinger, and on wlw in Cincinnati, I'm reporting there's cause for some optimism about food inflation in 2023. I'm Joan Donovan, telling WTA and listeners in Cleveland how one Ohio city and howdy planned to use pandemic aid to wipe out citizens medical debt. I'm Stephen Carol and Bloomberg DAB digital radio in London, we've been reporting on CPI in the UK hitting a 41 year high with prices rising 11.1% in October. Those are some of the stories are 2700 Bloomberg journalists and analysts are working on this morning around the world. Futures moving higher, you're listening to Bloomberg, daybreak. One 45 over 92. One 80 over one 11. A 182 over a hundred. And I had a heart attack and a cardiac arrest. And then a stroke. Your blood pressure numbers could change your life. A lot of people don't understand, including myself, I didn't, now I do. The impact of having a
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"That our democracy will survive and the American people will vote for a party. In this case, the Democratic Party that tries to preserve that democracy, not undermining. Control of the House has yet to be determined. A Brooklyn landmark could soon go car free more from Bloomberg spell a grainy. Susannah the city's Department of Transportation is now looking into the idea of making grand army Plaza safer for pedestrians. The area has been dangerous for pedestrians and also for cyclists in recent years. And yesterday city officials and safe streets advocates, while they met with people in the neighborhood for their feedback on this plan, and this plan for grand army Plaza Susanna includes connecting it to the open streets on Vanderbilt and under hill avenues. Bloomberg's Denise Pellegrini. Brooklyn Nets guard Kyrie Irving won't play today against the LA Lakers, the first game he is eligible to return to after he was suspended by the nets for refusing to say he had no anti semitic beliefs. Coach Jacques Vaughn said Saturday before the nets beat the clippers that Irving wouldn't play, but provided no other updates. Global news, 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg. This is Bloomberg daybreak weekend, our global look at the top stories in coming week from our daybreak anchors all around the world, just to handle the program. The battle of the retailers is on. I'm John Tucker in New York. I'm Stephen Carol in London where the stakes are high for Chancellor Jeremy hunt as he unveils a budget that must plug a massive fiscal gap and car market fears about the UK economy. I'm Brian Curtis in Hong Kong. We look at the most innovative ideas that the Bloomberg new economy forum in Singapore. I'm Amy Morris in Washington how the midterms could shade the 2024 presidential election. That's all straight ahead on Bloomberg daybreak weekend. On Bloomberg 11 three O New York, Bloomberg 99 one Washington D.C.
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"Good morning from London. I'm Caroline heparin. And I'm Stephen Carol you're listening to daybreak, Europe live, on London, DAB digital radio. So in the markets, China's stocks are soaring despite Beijing's pledge to quote unswervingly stick to the COVID zero policy. That really is the key driver this morning the yuan and China link currencies are falling but stocks rallying the hang seng tech index as much as 5.9% the hang seng overall up 2.6% now. That's despite the data we had out this morning Chinese exports and imports both unexpectedly fell in the last month, U.S. and European stock futures are down right now dollar havens in play. It's up a quarter of 1% this morning on Bloomberg dollar spot index treasury yield steady at four 15. Wall Street guessing at the fed peak in terms of rates could it be 5% 5 and a half to 5.75%. That will again be a major theme this week. Yes. Certainly will be, of course, we'll get U.S. inflation data out later this week as well. Just to bring you some breaking corporate news on the terminal this morning from Ryanair, their second quarter revenues, beating expectations, just over €4 billion, the estimate had been for 3.9 billion the company now saying full year profit after-tax of one to 1.2 billion back to passenger numbers in the first half came in on target 95 million passengers carried. Absolutely. And we're going to hear from our CEO, Michael O'Leary, so tune in for that will bring it to you in the next hour of Bloomberg radio. Let's go to our top stories, though. Cop 27 climate talks have begun with a landmark deal to discuss how rich countries can help to pay for the damage caused by global warming elsewhere. A year of record heat drought and floods has added urgency to the two week conference in the Egyptian city of
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"I'm Gina serie and for wbm in Chicago, I'm reporting that Kraft Heinz and Jeff Bezos backed firm are about to announce their first plant based foods. Cheese slices in mayonnaise. I'm Wendy Gillette on WTV and Columbus, I'm reporting on the end of the pandemic housing boom. I'm Stephen Carol on Bloomberg DAB digital radio in London, we've been reporting on earnings beats from a slew of top European banks, including Santander and UniCredit. Those are some of the stories are 2700 Bloomberg journalists and analysts working on this morning around the world. It's 5 39 on Wall Street. The following is an editorial from Bloomberg opinion. This editorial was written by the Bloomberg editorial board, Britain's new prime minister Rishi sunak is widely seen as pragmatic and competent. Virtues lately all but absent from British politics. Investors have greeted his rise with relief, but that might not last long. Sunac inherits a party deeply split over Brexit, especially but also immigration, taxes, regional inequality, and other contentious matters. Meanwhile, the UK has been especially hard hit by the soaring cost of gas, making its inflation among the highest in Europe. Sunac's pledged to restore responsibility may calm markets but standing by that commitment as the Central Bank raises interest rates makes a serious recession possible. After the past few weeks, a prolonged spell of boredom is just what the UK needs, but events are unlikely to oblige. The editorial was written by the Bloomberg editorial board for more Bloomberg opinion, please go to Bloomberg dot com slash opinion or op IN go on the Bloomberg terminal. These has been Bloomberg opinion. Listen for Bloomberg opinion editorials every weekday at this time terminal customers can read more at go. This is Bloomberg. Not completing high school is more of a social thing than it was an academic thing. I came out in the 11th grade. Nobody was embracing you. The kids were cruel. It was very difficult to be gay. Even though all these years have passed, I still had that longing to have my diploma. The hard part was determining that I was gonna do it. But I definitely didn't do it alone. At age 30, with the help of her mentor, Carissa finished her high school diploma. I have a mentor, Maria She convinced me to continue my education and to finish what I started to get my diploma
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"Not ready to return from his knee injury. In fact, he might miss the first three games. John stash our Bloomberg sports, Nathan. John, thanks 5 37 on Wall Street time for the tri state business report with Bloomberg's Ed Corey. Manhattan home sales under a $1 million sagged well below their pre-pandemic levels this summer. The number of properties for sale under 500,000 bucks had entered contract in June, July and August was 29% less than the average number for that period in the decade leading up to the pandemic. Boss is expect workers to start showing up more regularly at Manhattan offices that have been sparsely populated for more than two years. Jeff blau, chief executive officer of landlord related companies. Thinks there will be a real push back to the office now that summer is ending. New York City is seeking bids from companies to operate its ferry system, a fleet of 38 boats that play a role in mayor Eric Adams plan to lure riders back to public transportation NYC ferry is used by 6 million travelers every year on routes that cover 70 nautical miles to all 5 boroughs. That your Bloomberg dries date business report, I'm Ed Corey. Thanks had 5 38 on Wall Street Bloomberg radios on the air from San Francisco to New York London to Hong Kong. Let's check in with our global news team for some of the top stories heard on our 300 affiliate radio stations around the world. I'm Steve potus canon K and X in Los Angeles, we're talking about next star media looking for new shows as it takes over the money losing CW TV network. Katy TRH in Houston, crude has tumbled by almost $50 a barrel since peaking in March. I'm Stephen Carol on Bloomberg DAB digital radio in London, we've been reporting on the ECB's rate decision and the margin of the hike. In Cleveland, I'm reporting the browns, Jack Cleveland casino, and the thistle down race, you know, will be able to offer sports betting in January, and those are some of the stories are 2700 Bloomberg journalists
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"Around the world. I'm Steve podes and on ten ten wins in New York. We're talking about how Seattle based Nordstrom is putting New York City center stage. I'm Courtney Tana hon KT or H in Houston, Chesapeake Energy says there's lots of interest in its eagle Ford shale assets. I'm Gina survey and for WFLA and Orlando, I'm reporting that a new Gallup poll shows that about half of U.S. workers could be considered quiet quitters. I'm Stephen Carol on Bloomberg DAB digital radio in London, we've been reporting on the first meeting of Liz truss cabinet after she promoted her supporters into the top jobs. Amid gory on WW Jane Detroit, I'm reporting eastern Michigan university faculty have voted to strike. Those are some of the stories are 2700 Bloomberg journalists and analysts are working on this morning around the world. It's 5 39 on Wall Street. The following is an editorial from Bloomberg opinion. This editorial was written by the Bloomberg editorial board. It's not every day that the International Atomic Energy Agency dispatches monitors looking like Hollywood action heroes, but that's an apt description of the IAEA team, recently sent to inspect the zapper richia nuclear power plant in Ukraine, which Russia seized in March. Its Europe's largest nuclear reactor complex, and it sits right on the front line between the Ukrainian defenders and Russian invaders. The IAEA's goal is to avert a radiation disaster. Putin will never agree to unilaterally withdraw his troops and yield the plant to the Ukrainians, which would amount to retreat. So the goal of negotiations must be the creation of a demilitarized zone in and around the nuclear complex, such a solution will be extremely difficult to achieve, but anything less could be disastrous. This editorial was written by the Bloomberg editorial board for more Bloomberg opinion. Please go to Bloomberg dot com slash opinion or op IN go on the Bloomberg terminal. This has been Bloomberg opinion. And you are listening to Bloomberg daybreak. The Alzheimer's association and the ad council present the story of Tom and Levi. Tom is the smartest man I know. He's been a professor at two major universities, been a teacher for over 40 years. One day, he told me that he was having problems in his classes. I think one of the students had asked the question and he didn't remember the answer. I also noticed that he was laid in his class out earlier than they were supposed to let out. And he was telling them that he was doing it as a favor to them. But I think in reality he just wanted to give out of there. I was really starting to worry 'cause I saw something is wrong. Levi and I talked about how it would change our lives. But he was there beside me, and my love
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"Whether to pay the rent or pay to fix the car to get to work doesn't leave us with much at all. Now we can't even pay for meals. Hunger is a story we can end, end it at feeding America dot org, brought to you by feeding America and the ad council. Influential conversations from Bloomberg television. Here's Anna Edwards. Joining us now is frans van alten, the CEO of Philips. France, very nice to speak to you once again here on Bloomberg TV. Thank you so much for joining us. This morning, give us a sense of how business is going right now then, because you're guiding comparable sales down a little bit versus previous the previous guidance you'd given. So how is business going? Yes, thanks. Good morning. The second quarter was impacted by a lot of headwinds. You had China lockdown supply issues and rising inflation. We've taken decisive action in terms of further improvements on the supply chain as well as productivity and pricing. We see for the second half of the year, a 6 to 9% growth. That is underpinned by a very strong order book. In fact, orders continue to come in if I disregard China for a moment, we saw 6% order growth and 19 more hospital groups signing up for long-term partnerships. So orders here is not the issue. We are well placed. We just need to get the supplies in the chips and the ships as managed to set in place to deliver on that strong order book. Here, more conversations like this one on Bloomberg television, streaming live on Bloomberg dot com and on the Bloomberg mobile app or check your local cable listings. Markets, headlines, and breaking news 24 hours a day. Quick take. This is a Bloomberg business flash. From Bloomberg's European headquarters in London, I'm Stephen Carol with this Bloomberg radio business flash and
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"Right, John, thanks. It's 5 37 on Wall Street time for the tri state business report. Here's Bloomberg's Ed Corey. The U.S. transportation department has awarded 16 coveted flight slots at Newark international to spirit airlines, denying requests by rivals JetBlue in Alaska air. The government says spirit is most likely to provide the lowest fares to the most consumers. Construction of a new Hudson River rail tunnel connecting New York City in New Jersey has taken another step forward, both states governors have announced a memorandum of understanding with the port authority of New York and New Jersey on financing for the gateway tunnel and the portal bridge replacement. The MTA is selling $700 million in bonds backed by New York City's sales tax revenue as the largest mass transit system in the U.S. looks to attract investors worried about low ridership levels on subways, commuter trains and buses. It's the first time the agency is borrowing against sales tax receipts. That's your Bloomberg tri state business report, I'm Ed Corey. Thanks, at its 5 38 on Wall Street Bloomberg radio is on the air from San Francisco to New York, London to Hong Kong. Let's check in with our global news team for some of the top stories heard on our 300 affiliate radio stations around the world. Katie are reaching Houston, Chelsea's a $1 billion gain in its refining business in the most recent quarter. I'm Gina survey and for W CCO in Minneapolis, I'm reporting that 3M has reached an agreement in Belgium to clean up so called forever chemicals, but the deal does not release the company from future responsibility. I'm lees Mateo and on KML X and St. Louis, I'll be reporting on a new gadget for extreme sports fans. I'm Stephen Carol on Bloomberg DAB digital radio and London we've been reporting on Boris Johnson's last arrows as prime minister he'll now resign after an avalanche of his ministers quit. I'm Ed Corey on WWE and Detroit, I'm reporting Michigan gave General Motors $3.8 billion in tax credits in the wake of its bankruptcy. Now, those are some of the stories are 2700
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"Berlin I'm Anna Edwards And I'm Stephen Carol you're listening to Bloomberg daybreak Europe And European equity markets rebounding with some strength this morning then Stephen up by a percent in this morning's session We check the markets every 15 minutes So let's get to a market check The FTSE 100 actually getting the best of the gains up by 1.4% the best of the major markets at least The kakarot is up by half a percent the sector Dax up by around a percent the ibex also similarly up by around a percent And really we're rebounding well there's a couple of things in here where rebounding from yesterday's losses the U.S. managed to claw backs and better staged a better recovery towards the end of their day than we did here in Europe And so as a result we have to play catch up with that We've also had a strong session through Asia because of what the Chinese are doing to stimulate their economy changing some of the interest rates there And so as a result we saw a bit of enthusiasm for that level of stimulus in China even if we do have the lockdown measures in place in certain parts and the COVID zero policy which no doubt longer term will take more of the attention But that said we are therefore staging a strong rebound today basic resources the best performing sector by more than 2% autos and auto parts also trading higher One sector which is not doing well consumer products and services and we see that the luxury space is really being beaten up today Down by 10% that giants of the French market then weighing on the cat Carolina swatch group Hermes various others LVM major montclair also falling in sympathy with richemont on the back of their numbers issues in China seems to be a part of the story there So that's look where we are on stocks in terms of oil prices We are a little weaker down extensive percent one 11 is the handle on Brent The dollar is back to a little bit of strength today up by around a quarter of 1% the Euro down two cents of percent one O 5 70 The pound fairly flat one 24 71 That's where we are on the data And now on today's top stories here's Bloomberg's.
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"This is Bloomberg daybreak Europe We may be out of the EU and Brexit may be done but we still have to deal with our biggest market which is the European Union Why does the prime minister think everybody else's actions have consequences Except his own We've got more inflation to fight this time The Ukrainians have shown the courage of a lion but you volodymyr have given the raw Bloomberg daybreak Europe on Bloomberg radio Anna van good morning from hunter and I'm Caroline had And I'm Stephen Carol you're listening to daybreak Europe live on London DAB digital radio Right so we're going to unpack these China inflation figures with Bloomberg's end of current very shortly also the gas bat between Russia and Ukraine very important for markets our own and Mark champion will be here in the studio to discuss We also getting quite a lot of comments out this morning Stephen From a whole host of ECB speakers there's a whole lineup Christina guard included Val sentinel Muller all speaking on a panel this morning class not and Isabel schnabel so pretty much the whole list But de Gallo has been speaking talking about the ECB having a duty a will and a capacity to fight inflation that from villa de Gallo And of course we're looking ahead to U.S. inflation figures direct later today as well One 30 p.m. UK time we're expecting or to have passed the peak and see that CPI come down from the peak that we had in March Of course that will be a big issue for the markets watching going forward as well Yeah let's go to the markets then before we get to those big conversations European natural gas prices then starting trading at art by 6.8% so there you see the immediate read across into the markets of the concern around disruptions of Russian gas flows via Ukraine due to the war also in terms of markets then We have seen a big rally in Asia the hang saying index up by 1.6% this morning CSI 300 by 2.2% This as we saw the CPI numbers out of China were reflecting a sharply higher CPI and PPI figures for China Also other things to think about pretty big dollars spot index weaker a tenth of 1% the pound rallying two tenths of 1% Brent crude up by 2.2% a $104 74 the bow Bitcoin reviving a little 31,433 sought by 1.1% U.S. yields are fairly steady then in terms of the countdown to that U.S. CPI figure two 98 on the ten year so we're still below 3% actually this morning but U.S. and European stock futures are positive so U.S. stocks 50 futures gaining 6 tenths of 1% That is the data in the markets right now Well let's get more on the markets than markets live editor lorcan wrote Kelly good morning to you lorcan so we're looking at volatility continuing to ease down on the markets Good morning I think the markets right now are somewhat driven by any good news that you can find at reducing cases in China is something that we've kind of jumped out to this morning If you look at where the business is David last night from the Chinese regular state that fed policy which is what is next to the bear market will not affect the PBOC policy to recreate the economy after the COVID era has passed But I think it's kind of interesting that that does fall number of COVID cases in China is basically the strength of the market at the moment because it is very much a policy that China's broader itself And it's got a feed in the cost of the world So we see with oil even has risen as well but it's morning because Chinese demand might be coming back So it has ripple effects everywhere Okay So that in terms of the volatility of the last couple of days what about oil and natural gas prices as I mentioned the jump now that we're starting to see in that gas prices and oil has had a very difficult couple of days too Yes I think the oil price is kind of being in the range in 95 and a $115 for the boat This is just after the Russian base and the view plane But I think it's due for the oil price that was recently worth watching later on today You mentioned U.S. inflation earlier Is the oil prices kind of stable for the last month and a half but the price that consumers are paying for gasoline and these are the U.S. has hit a record high yesterday again So I think maybe we shouldn't take too much comfort in other price kind of certainly in a $100 because what the consumers in the U.S. are paying is much higher and it's hit record and because of this record to use the patient data may you come into the smallest surprise today to a little bit harder to expect this Okay lurkin wrote Kelly thank you very much for real-time market commentary and analysis You can check out the work of Loren and his colleagues at markets live It's ML IV on your Bloomberg terminal Let's get to today's top stories now He's been.
Bloomberg Radio New York
"stephen carol" Discussed on Bloomberg Radio New York
"This is Bloomberg daybreak Europe We make the out of DU and Brexit may be done but we still have to deal with our biggest market which is the European Union Why does the prime minister think everybody else's actions have consequences Except his own We've got more inflation to fight this time for Ukrainians have shown the courage of a lion that you belong in the air have given the raw Bloomberg daybreak Europe on Bloomberg radio Hannah good morning from London I'm Caroline Hepburn And I'm Stephen Carol you're listening to daybreak Europe live on London DAB digital radio So in terms of natural gas here in Europe there's a clash between Russia and Ukraine now So expecting that gas to fall in terms of flows via Ukraine by some 18% today So that could set up a big spat and be quite worry in terms of markets but also of course we're still thinking about the queen's speech delivered by Prince Charles yesterday Yeah and essentially the surprise that there wasn't more money announced for Britain's struggling with the cost of living this coming as a leading think tank here in the UK has warned the number of people living in Britain living in destitution could rise to 1 million over the next year will be coming through the details of the policy announcements in that speech with Bloomberg's UK economy reporter Lizzie Burton And also we'll unpack the China inflation data from this morning Bloomberg's NASA in Syria will be joining us live from Hong Kong in a moment But I have to say Stephen the standout speech for me was yesterday Janet Yellen the US Treasury secretary making the case for access to abortion for women and its benefits to women's lives freedoms economic empowerment she was very very strong on that point She certainly was economic research she said suggesting that a move would increase poverty levels for women and heart the future earnings of children as well Yeah absolutely Right Let's go to the markets then And give you an update there So actually most Asian stocks are up this morning The MCI age Pacific index gaining by two tenths of 1% this morning the Hanks hang also seeing a 1.7% gain So the fact that COVID cases in China are declining has sparked this rally at Shanghai reported zero new virus cases in the community So that's why we've seen gains for the seaside 300 for example up by 2.3% but the story is pretty complex So we'll delve into that U.S. and European stock futures are pushing higher after two days of volatility treasuries at the moment are steady ahead of the U.S. inflation print which is hugely important expected to see CPI moderate but still above 8% Germany and Portugal also issue inflation figures later As for the Bloomberg dollar spot index we are softer by a tenth of 1% this morning Oil prices gaining 2% now for breakthrough features $104 57 the bow Bitcoin again which has been very volatile for a couple of days trades at 31,151 up by half of 1% So that is the data from the markets this morning Well let's talk more about the markets now and bring in Bloomberg's Garfield rhinos from our markets live team Garfield good morning Stark's rebounding in China then but huge market volumes over the past two days Yeah I mean today very much feels like a somewhat uneasy calm before the potential storm when U.S. CPI comes out In the U.S. morning there's been this sort of stealth building of expectations that this is going to show at least some signs that inflation might be topping out and that indeed the only 50 basis points of meeting rhetoric that's been coming from some fed members will be backed by the data So that sets up some potential for a stronger rebound if we do get something that speaks to that narrative It also increases the dangers if we get yet another upside surprise on inflation We had an upside surprise on China in place today but that didn't really have much of an impact on markets A U.S. CPI surprise would Okay What about what is going on in NG and oil prices in particular Garfield Because we have still no EU deal in terms of the oil embargo against Russia but then this natural gas bat Yeah the typically the aircraft is that it only takes one side to pull the plug on the oil and natural gas on energy as it were to create some discomfort So there was some relief yesterday when day before yesterday rather when president Putin didn't announce anything controversial didn't make any signals that things might get worse when it came to the conflict with the west However this now with Ukraine and potential for the impact on gas supplies That reminds everybody that energy security is a major issue for Europe and beyond as long as we've got this war in Ukraine going on So that recent decline in oil because of the embargo being you have difficulty bringing the embargo in That is not the sort of price under a $100 a barrel for brand that I think you can rely on going forward Okay Garfield Reynolds from a market's live team Thank you very much for that And for real-time market commentary and analysis check out markets live on your terminal that's ML ivy Right let's get over to Bloomberg's Leon guerin who has.
WTMJ 620
"stephen carol" Discussed on WTMJ 620
"You're listening This Stephen Carol on WTMJ. I'm feeling better already. You should I need a relation with so many Wordsworth saying wrong or incorrectly, or fashioning our own words out of him. Yeah, I think some of this is just some of it, I think is generational. Some of it I think is regional. Um, generational, I think is a big one, right? Because, like I say dinner, but my dad would have called and said I'm I'm gonna come home for supper. Yeah, yeah, that one. We've always called a dinner at our house. But I have friends. Same area, same age called supper. Yeah, I mean, How do you I don't know. It's how you brought up Mike on the road. Hey, Mike. Hi, Mike. I'm good. How you doing? Carol? How you doing, Steve? Wonderful on this. Thank you. Loser Monday. I hope you're smiling. By mousey way are we Are we appreciate you guys helping making me smile so that that's a big part of it. What's your word, and I never once once and I added to the end of senses that I never knew I did. My wife is from the East Coast, and she called me out on it The first time I didn't know what she was talking about. So give me an example. Backyard one. Oh, yeah, Yeah. Yeah. Or come here. Watch what? I'm gonna go take a shower once. Why? Why did you start saying that? I have no idea, but I don't other people. I'd do it too. Yeah. Yeah, I guess you don't notice it was there at the end of the set. That's a big one. You know what else? Here's another one for you, Mike. I'll let you go because you're on the road. Young, younger people. Yeah, Every every thing they say, ends with rights question, Mark. Right question, Mark. Whatever it is, it's not a question. You know, until I know and to address it, like, come here once. It's not come here. I didn't think about that one. But he's right. Some people do that. Come here Once I wonder what the origin of that is, there's got to be. Some came from somewhere. It doesn't just have. It's called Lazy. Steve. Just don't want to pronounce the whole word Dave from Grafton. Hey, Dave. Hello. Hi. I have two number. I have two numbers 20 instead of 20. And ah 100 instead of 100, that second one. Yeah, right. Right. We get lazy. We get lazy with our pronunciation. Yeah, that's part of the problem. It's easy to say. Say it. 20 instead of 20 where you are. English teacher, Dave. No, no. Okay. No, but I mean, he's not wrong. He's not wrong. So 20, right and 100, right, Dave? Correct. Alright, Highway 101 of one, Dave over there You go to pronunciations, right? We're talking about my guanaco before here's sue from a guanaco. Hi suit. Hi. I have two of them. One of them is if you break something instead by accident or on accident. I broke something by Oh, okay, See, Now you make me start to use stuff and I start to question myself. I would say on accident I broke something on accidents that wrong is there. I disagree. I've always been raised by accident. They broke it by accident. Not on accident, So I expect that one is in My second one is when people say the year it's not 2000 and 21. It's 2021..
WTMJ 620
"stephen carol" Discussed on WTMJ 620
"Winding down the Monday edition Stephen Carol Kane on this As I said Monday, a little redundant there. All right. So Powerball. Yeah. It's Wednesday night. Is the drawing. Right? I think is tomorrow night, Magda Millions. Oh, that's a newer one, right? But that's huge, too. Yeah, that's up over 700. Somebody asked me. What's the odds of winning both? It's like Hey, something quadrillion Which this means? Never right? Yeah, you're not gonna that's not gonna happen. So I asked the question. I think like 750 million something like that on that's like five. I saw 5 36 million after tax so half a billion dollars was awarded. Let's say You're lucky enough to win single winner. Yeah. Right, she car broad Bonanno 400 million for yourself. You got 100 million toe play with You know what? I don't even know if I take four. I mean, obviously, your family has set for families of generations and generations and generations. Obviously, I think I would probably doom or I've always said that I would give to my family. Um, I think right now, at this particular juncture I would want to give to places and charities that are helping. Like small business owners and things like that. That's what I would do. And I might care about more than 100 million. Maybe 200 million. That's still lives. I'm gonna be fine. What would you do? Oh, that's a good question, so I would. I would probably go half half, right. Okay. So you got Let's see 250. That's all. You need, particular kids, their kids their kids After that, I mean, sure you could waste the money, I suppose. Um And you You're probably not. Probably you build yourself a beautiful house, get by a few nice cars. Maybe a vacation home somewhere. Yeah, I probably do the car thing but the home I don't need any bigger than what I got, right? I like my house knows why probably trick it out a little bit. Maybe add a second story put a basketball court. There's something like that again. That zah few million dollars. So one of the things I thought about was you take the 2 50 obviously investing. That's what continues to grow, so you know Trust or something that continues to earn forever And you dedicated to certain things. Certainly my alma mater, U W M something for those guys. Right? Maybe my high school Oh Creek High School. I think my high school my alma mater would be UW Whitewater. I think I'd like to carve out a little bit of money and give it to some of you know me with animals and some of humane organizations that I've been able to Oh, no. Are, you know adopt animals from better question. Who wouldn't you give it? Well, waste our money Well, and politics don't don't donate to politicians. I will tell you this that if I do win, let's just say, for example, I'm lucky enough on Wednesday. See you later. Steve. You're not gonna be here next Monday and that if I win, $750 million will be here. I probably would be. But I have to think you know what the problem is, is that they make you come forward. It's not like you could hire somebody right away is that every year you have a year and hopefully things will cool down. And you wouldn't because I know that you could be a target for all kinds of people asking for all kinds of money, And I don't want that. Here's the thing about that. I heard I've heard this argument. Well, people gonna bother you. You don't have to answer their calls. You don't have to answer their letters. And you can ignore them completely. I remember years ago, though, talking to they were one of the big lottery winners. I think his name was Leslie and they went up in the Fox Valley area and I met him and I asked him about it. And it was only like 50 million or something like that. Listen to me. Um, and he's but he said that he goes. It's non stop. It's non change Your full number. Well, okay. Don't get mad at me. I'm just trying to get that You've got $50 million. Change your phone number or just get rid of it all together. Don't have a phone. You don't eat while you're not going anywhere. I really think that I would go away some place for a little while. I was what I would do, I would do the Internet or the world Cruise. Like nine months long. I would do that once we got back out of the Klonopin, and once we get out of the pandemic, I would definitely be traveling. There's no doubt about it. I might even buy a seat on that space shuttle and head up into space and go around the Ark. See the earth from way up there. I said this last week about this because it was 500 some million. I said I would still do the show. And then everyone, so I'd give out like money for some somebody would pitch me on clever ideas. I say. All right, here's a million for you. Okay. I like Clooney did with 13 of his friends each give each of them a million bucks. I wish I was George Clooney's friends. Really two. How about that? How about that? That would be nice, wouldn't it? I said, curious. And I was, I guess their his lifelong friends, buddies from high school and stuff, I would I want to share it with everybody. That's in my life because of the fact that I've been so fortunate to have one stuff like that. Fortunate or not. I've seen the shows The lottery ruined my life. But that's only time you hear about these people, right? I don't care about at least 100 grand for Jordan. He's in day 100 grand shutters of you A 500 Million. So I said more. I thought that was generous. He's knuckleheads. The blow it all right. We will wrap it. Hand it off to Scott Waris was filling in for Jeff Wagner. That's coming up next right here, Wtmj. I'll change that dial more. Steven Carol are next on WTMJ, the latest on what you need to know about your.