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Apr 4, 2024
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vonnie quinn in dubai, thank you for that update on asian markets. let's dig deeper into the fed story. we had share jay powell again signaling that the central bank was going to wait for clear signals of lower inflation before the fed cuts rates. take a listen. >> these recent data do not however materially change the overall picture. which continues to be one of solid growth, a strong but rebalancing labor market, and inflation moving down towards 2% on a sometimes bumpy path. on inflation, it is too soon to say whether the recent readings are present more than just a bump. we do not expect it will be appropriate to lower our policy rate until we have greater confidence that inflation is moving sustainably down toward 2%. lizzy: for more, i'm joined by bloomberg's kriti gupta. jay powell's message seems pretty clear. why is the market making it so difficult? kriti: you are not the only one in charge. as you know, for the boe, it is very touch and go in terms of what the consensus is. this diversion within the fomc going from even the most average p
vonnie quinn in dubai, thank you for that update on asian markets. let's dig deeper into the fed story. we had share jay powell again signaling that the central bank was going to wait for clear signals of lower inflation before the fed cuts rates. take a listen. >> these recent data do not however materially change the overall picture. which continues to be one of solid growth, a strong but rebalancing labor market, and inflation moving down towards 2% on a sometimes bumpy path. on...
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Apr 1, 2024
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i'm vonnie quinn with the top stories. the turkish leader weakened after erdogan sufferedded a shocking defeat at the elections. many cities including is tan ball and angara went to the main opposition party, the republican people's party. if it holds, it will be the first time erdogan's party has fallen behind the opposition party nationwide. israel will also give sufficient aid to the civilians. israel is facing growing international pressure, including from the u.s. to semia cease-fire but netanyahu says fighting won't end until hamas is defeated in r affects fah. protesters want the government to reach a cease-fire deal to reach a cease-fire deal. talks continueded with no sign of a breakthrough. tens of thousands gathered in the indian capital of delhi on sunday to protest political arrests. their leaders face jail time and federal investigations. two chief members have been invested and both are still in prison. the rare gathering came less than three weeks before the general election in which premier modi's governme
i'm vonnie quinn with the top stories. the turkish leader weakened after erdogan sufferedded a shocking defeat at the elections. many cities including is tan ball and angara went to the main opposition party, the republican people's party. if it holds, it will be the first time erdogan's party has fallen behind the opposition party nationwide. israel will also give sufficient aid to the civilians. israel is facing growing international pressure, including from the u.s. to semia cease-fire but...
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Apr 15, 2024
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and check in on how that is playing into the asian markets with vonnie quinn. what is standing out across the session so far? funny: -- the emperor but we are seeing throughout the session. at one point, the nikkei to 25 was pricing in gym political risk. it was risk off, down about one point 8%, the topix as well. this was in the early part of the session. but as you can see, ending down less than 1% rate not just for the nikkei 225 which is also dealing with a yen which is up at 133.81 right now. remember how 152 was panic stations, we are two figures bigger at this point, so we are likely to see more jawboning from the bank of japan. the msci asia pacific only down, i say only with obviously caveats, down zero point 8% because we had an up day in china. regulatory crackdown on friday had enthusiasm built into china stocks and we saw some upgrading. we're about to see that shekel trade. it has been strengthening. it seems like a long time ago now that that attack occurred. it is only just 36 hours and we are awaiting a response from israel but the shekel for
and check in on how that is playing into the asian markets with vonnie quinn. what is standing out across the session so far? funny: -- the emperor but we are seeing throughout the session. at one point, the nikkei to 25 was pricing in gym political risk. it was risk off, down about one point 8%, the topix as well. this was in the early part of the session. but as you can see, ending down less than 1% rate not just for the nikkei 225 which is also dealing with a yen which is up at 133.81 right...
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Apr 1, 2024
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>> welcome to bloomberg markets, i'm vonnie quinn with the top stories. benjamin netanyahu says the israeli military will move civilians before attacking forces. he said israel will give aid to civilians. israel is facing international pressure to accept a cease-fire and netanyahu says the fighting will not end until hamas is defeated. erdogan has suffered a defeat in elections. the party was behind the republican people's party and results are boosting the popularity of the opposition mayor of istanbul. there has been self-criticism over the results. ports all along the east coast are absorbing cargo from the baltimore harbor. new jersey is allowing quick access for transport in virginia is opening its gates earlier to accommodate truckers. salvage specialists are clearing debris from the francis scott key bridge. nippon steeles new chief is pressing on with the acquisition of u.s. steel. the president says the deal would give the u.s. firm access to technology to boost competitiveness. prospects for the acquisition have been clouded by joe biden's belie
>> welcome to bloomberg markets, i'm vonnie quinn with the top stories. benjamin netanyahu says the israeli military will move civilians before attacking forces. he said israel will give aid to civilians. israel is facing international pressure to accept a cease-fire and netanyahu says the fighting will not end until hamas is defeated. erdogan has suffered a defeat in elections. the party was behind the republican people's party and results are boosting the popularity of the opposition...
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Apr 16, 2024
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vonnie quinn is standing by for a check on those as well as the middle east. vonnie? vonnie: you said it, tom. these are markets beset by woes. we're seeing it particularly in the currency space and in fixed income, as you mentioned. also, in equities, these are markets falling out of bed across the market. the yen, 154 is where we're at. economists looking at the 1991 intervention level but we may get something before that. on the other hand, it may not matter if the b.o.j. or if monitor officials intervene if the fed can't cut yet. the korean yuan crossed the 1400 mark earlier. we're well below that now but still weaker versus the u.s. dollar. we do have a b.o.j. meeting in 10 days. the nikkei 2525 down 1.4%. it is really across the board from asia. i know you'll be speaking on china. let's look at middle east as well because geopolitical event and rhetoric obviously impacting these markets as well. the market was trading yesterday. obviously we've been closed for hours now and haven't opened up for the tuesday session but the dow will reverse the previous day's dec
vonnie quinn is standing by for a check on those as well as the middle east. vonnie? vonnie: you said it, tom. these are markets beset by woes. we're seeing it particularly in the currency space and in fixed income, as you mentioned. also, in equities, these are markets falling out of bed across the market. the yen, 154 is where we're at. economists looking at the 1991 intervention level but we may get something before that. on the other hand, it may not matter if the b.o.j. or if monitor...
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Apr 3, 2024
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quinn in dubai. happening? vonnie: fallout regarding officials at sites and buildings that a fallen down. 26 buildings collapsed and at least four individuals have died according to the local fire service. some chip factories have evacuated workers and so on, the earthquake hitting at 8:00 a.m. local time when people would be going to work. tsmc took a hit in trading. macro factors are impacting taiwanese shares. impact is fairly contained market wise. taiwan semi conductor down one and a quarter percent. there is a whole at chip stocks because they reported revenue less than expected. shares around the world including south korea are lower. the nikkei is down again, another down session for japan shares. we will see where the money is flowing. there was a suggestion it might flow into china. the yen at 151 .59. it could go to 160 and if the boj intervenes it will not matter until the rate cutting cycle. let's hope the board. central banks are waiting for the fed cycle. we also have china waiting for
quinn in dubai. happening? vonnie: fallout regarding officials at sites and buildings that a fallen down. 26 buildings collapsed and at least four individuals have died according to the local fire service. some chip factories have evacuated workers and so on, the earthquake hitting at 8:00 a.m. local time when people would be going to work. tsmc took a hit in trading. macro factors are impacting taiwanese shares. impact is fairly contained market wise. taiwan semi conductor down one and a...
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Apr 2, 2024
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let's get to vonnie quinn with an update on how markets are faring.onnie: fascinating session with crosscurrents coming together. first reaction to the pce data, hong kong closed yesterday, now reopened. huge catch up there, but activity around the yen. mark mobius saying anyone short on the yen, this is a losing battle for authorities. we are at 1/5 the one. 152 is the line in the sand. as mark cranfield said, it could be anything and officials have been good about wrong footing traders. they might let the yen weakened before they do anything about it. that is all playing out. it last time we got intervention was 2022. previously it was 1998. nikkei has turned positive. down session yesterday. one narrative was this might be the end of the up cycle and china could be a beneficiary. we will see. hang seng catching up to and a quarter percent. shall mean is up 11 and a half percent. they unveiled their first model and orders went gangbusters on par with china. across asia the index is about 3/10 of 1%. china is hesitating, csi down for tenths of 1% aft
let's get to vonnie quinn with an update on how markets are faring.onnie: fascinating session with crosscurrents coming together. first reaction to the pce data, hong kong closed yesterday, now reopened. huge catch up there, but activity around the yen. mark mobius saying anyone short on the yen, this is a losing battle for authorities. we are at 1/5 the one. 152 is the line in the sand. as mark cranfield said, it could be anything and officials have been good about wrong footing traders. they...
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Apr 5, 2024
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vonnie quinn is standing by for us in dubai. what is happened? >> the same risk aversion percolating through asian markets, offering those were mxp , still done .8 of 1% for the asia pacific index. the hang seng reopened after the holiday. mainland china and taiwan closed today, the hang seng done .4 of 1%, property companies dragging on the hang seng. we got good news for a chip company i will tell you about that in a moment, but we have the hang seng down, china continues to be closed. this is a reaction to all of the risk aversion in the united states on thursday. nikkei225 down 2.1 percent. a little more strength in after governor await a -- ueda said the wage hike will be impacting from a be june, july, so that had traders thinking the next interest rate increase could come somewhere between july and october as opposed to what they have been thinking, which is that it would be pushed out toward the october timeframe. kospi down 1%. samsung came in and signaled profit for the quarter, but the actual signaling is an already that they return to
vonnie quinn is standing by for us in dubai. what is happened? >> the same risk aversion percolating through asian markets, offering those were mxp , still done .8 of 1% for the asia pacific index. the hang seng reopened after the holiday. mainland china and taiwan closed today, the hang seng done .4 of 1%, property companies dragging on the hang seng. we got good news for a chip company i will tell you about that in a moment, but we have the hang seng down, china continues to be closed....
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Apr 19, 2024
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vonnie quinn is here to take us through the latest from dubai. >> two officials have confirmed to uske israel launched a retaliatory strike on iran after their news agency reported an explosion was heard in the city of isfahan where there is a nuclear tech center and we have learned that site is safe, that is a quote from iran state tv. this has been off the boil a little bit and gold despite below $2400 an ounce but we see a flight to safety in treasuries in the dollar and we will follow all of this all these details as they come out of or is it is a wood situation but it appears that ron is downplaying it to an extent and television media suggesting things are continuing as normal and we know that isfahan was -- >> we have to leave it there. we will take you through the markets. risk aversion. havens getting bid up. that is it from bloomberg markets: asia. this is bloomberg. ♪ o coming in.. big orders!s starting a business is never easy, but starting it eight months pregnant.. that's a different story. i couldn't slow down. we were starting a business from the ground up. people wer
vonnie quinn is here to take us through the latest from dubai. >> two officials have confirmed to uske israel launched a retaliatory strike on iran after their news agency reported an explosion was heard in the city of isfahan where there is a nuclear tech center and we have learned that site is safe, that is a quote from iran state tv. this has been off the boil a little bit and gold despite below $2400 an ounce but we see a flight to safety in treasuries in the dollar and we will follow...