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Jul 25, 2023
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shery: and shery, alphabet posting revenue beat.t a further debrief and further analysis when it comes to the key tech earnings, next. ! bridgett is here. she has no clue that i'm here. she has no clue who's in the helmet. are you ready? -i'm ready! alright. xfinity rewards creates experiences big and small, and once-in-a-lifetime. haidi: taking a look at u.s. futures, struggling to find traction in early wednesday trading. microsoft, of course, seeing the slide in the after-hours session. tech stocks across the region are likely to be the focus in asia. s&p futures flat. nasdaq 100 futures up 0.3%. looking like a muted open. shery: we are seeing fluctuations in stocks like microsoft and after-hours session, which were down, then slightly higher, then down again. we are seeing a loss of about 4%. we saw tepid sales growth in their earnings results, the cloud business slowing. they are also trying to wait for revenue from that excitement that we saw over ai tools. put it into context. we are talking about microsoft gaining 18% in the
shery: and shery, alphabet posting revenue beat.t a further debrief and further analysis when it comes to the key tech earnings, next. ! bridgett is here. she has no clue that i'm here. she has no clue who's in the helmet. are you ready? -i'm ready! alright. xfinity rewards creates experiences big and small, and once-in-a-lifetime. haidi: taking a look at u.s. futures, struggling to find traction in early wednesday trading. microsoft, of course, seeing the slide in the after-hours session. tech...
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Jul 17, 2023
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shery: what about youth unemployment?re, and what are the social implications as well for china? >> youth unemployment is above 20%. obviously, it is very high, but there is a cyclical element as well as structural. before covid, it was already above 12%. the cyclical part gives you weakness in the economy, some of the services sector hit because of regulations and someone, but that said, there is about 100 million people in that age range, 36 million are the ones we are talking about, that is the denominator. many of them are urban and college graduated people, so they are unhappy, that i think at this moment there are questions in terms of family and so on, so i do not think there will be social unrest. there is certainly unhappiness as well depressing some of the consumption of course, but with the economy gradually improving especially on the services sector, and now the authorities also emphasizing support for the platform companies in digital economy, which hires a lot of the more educated youth, so i think graduall
shery: what about youth unemployment?re, and what are the social implications as well for china? >> youth unemployment is above 20%. obviously, it is very high, but there is a cyclical element as well as structural. before covid, it was already above 12%. the cyclical part gives you weakness in the economy, some of the services sector hit because of regulations and someone, but that said, there is about 100 million people in that age range, 36 million are the ones we are talking about,...
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Jul 23, 2023
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shery: good evening from new york. the top stories, central banks in focus with the ecb and fed said to hike this week and give signs on the future plans. more than 80% of boj watchers expect governor ueda to to stand pat despite target inflation. haidi: spain is headed for political gridlock with the socialist prime minister and the best position to form government. shery: australia's alliance with the u.s. on full display as high-level talks and military exercises begin. take a look at how u.s. futures are coming online early in the asian monday trading session. this of course after we saw a mixed picture friday. s&p 500 and the dow finishing almost unchanged. the nasdaq 100 was under a little bit of pressure but the s&p 500 is about 5% away from a near all-time high. so we are very elevated levels in the stock markets already and you can see the nasdaq 100 futures pushing higher earning in the asian -- early in the asian session. this is at a time where investors have to try and see where the fed is going. we have t
shery: good evening from new york. the top stories, central banks in focus with the ecb and fed said to hike this week and give signs on the future plans. more than 80% of boj watchers expect governor ueda to to stand pat despite target inflation. haidi: spain is headed for political gridlock with the socialist prime minister and the best position to form government. shery: australia's alliance with the u.s. on full display as high-level talks and military exercises begin. take a look at how...
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Jul 18, 2023
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shery: good evening from bloomberg's world headquarters in new york, i am shery ahn.he top stories this hour. microsoft sloughs an impressive price tag on new products. haidi: treasuries pairing gains as u.s. consumer social resilience, despite a retail sales decrease. traders are pricing in a rate hike next week. shery: the g20 remain split over russia's ukraine war, with no consensus yet on future debt relief deals. u.s. futures coming online in the is in session under pressure. this, after stocks gained ground in the regular new york session. we had investors digesting earnings beats, not to mention disappointing industrial production and retail sales numbers. the banking index gained more than 3%, last day in more than six weeks, on results from morgan stanley and bank of america. looking in the treasury space, a bit of a mixed picture. not a lot of change. but the 10-year yield finished at the 3.79 level. also watching oil prices per pushing higher, $75 a barrel level. this, on that risk-on sentiment, russian crude flows sinking to a six-month low. not a lot of c
shery: good evening from bloomberg's world headquarters in new york, i am shery ahn.he top stories this hour. microsoft sloughs an impressive price tag on new products. haidi: treasuries pairing gains as u.s. consumer social resilience, despite a retail sales decrease. traders are pricing in a rate hike next week. shery: the g20 remain split over russia's ukraine war, with no consensus yet on future debt relief deals. u.s. futures coming online in the is in session under pressure. this, after...
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Jul 23, 2023
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shery: garfield reynolds there. coming up, former boj deputy governor masazumi wakatabe tells us why he sees no reason for governor ueda to act on the yield curve control program for now. first, an update on the spanish general election as neither the right or left wing blocs win enough seats for an outright majority. this is bloomberg. ♪ haidi: spain's prime minister was denied the conservative opposition a victory. neither side has an outright majority. ben sills joins us with the latest. where do we go from here? is it a period of prolonged gridlock? could he potentially get a vote of confidence? ben: both of the candidates are declaring victory tonight. but there is only really sanchez that has any possibility at this point of actually pulling together the votes he needs to start a new term. the center-right people's party have got 170 votes between them, but that is a handful short of majority but they are not going to find any more friends. sanchez has good relations with a lot of the separatist, regionalists
shery: garfield reynolds there. coming up, former boj deputy governor masazumi wakatabe tells us why he sees no reason for governor ueda to act on the yield curve control program for now. first, an update on the spanish general election as neither the right or left wing blocs win enough seats for an outright majority. this is bloomberg. ♪ haidi: spain's prime minister was denied the conservative opposition a victory. neither side has an outright majority. ben sills joins us with the latest....
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Jul 5, 2023
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shery: not only for the boe.ion is the new headline inflation that central banks all around the world are following. bell there with the latest on those morning calls but let's get you the latest from the corporate front. bank of america has joined rivals in raising its quarterly dividend after passing the fed's annual stress test. bank of america says it has initiated dialogue with the fed to understand differences between the central bank assessment and its own stress tests. even so, the bank plans to increase its quarterly dividend to $.24 per share, up from $.22. the top carmakers have posted strong u.s. sales in the second quarter and a sign of strength for the industry. general motors says deliveries were up almost 19% while strong demand for several a models. -- chevrolet models. they raised 7% as a ramped up production of camry sedans and rav4 compact suvs, haidi. haidi: coming up we are going to look at candidates who may be on a secret shortlist to lead the reserve bank of australia. this is bloomberg.
shery: not only for the boe.ion is the new headline inflation that central banks all around the world are following. bell there with the latest on those morning calls but let's get you the latest from the corporate front. bank of america has joined rivals in raising its quarterly dividend after passing the fed's annual stress test. bank of america says it has initiated dialogue with the fed to understand differences between the central bank assessment and its own stress tests. even so, the bank...
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Jul 17, 2023
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shery: u.s.g brand ralph lauren is focusing on china and india as key growth centers outside of its home country. the ceo told us exclusively about the potential of the asian markets and how the company is approaching them. >> we want to stay unique and special. it is why we are building in markets like china and we look ahead to markets like india which are promising for the future. we are being very deliberate to plant the right foundation. >> china has huge potential but it is still a small market for you. >> huge short, mid and long term potential for us. it is double what it was 3-4 years ago. it is still quite small when you look at the penetration of the chinese business for some of the best luxury players in the industry at our 20% or 30% or 40%. i'm excited about the opportunities. what is energizing for us is how the brand is connecting with the younger consumer and the more elevated consumer. we sell, oddly enough, our most elevated products we sell best in china. we have the best gend
shery: u.s.g brand ralph lauren is focusing on china and india as key growth centers outside of its home country. the ceo told us exclusively about the potential of the asian markets and how the company is approaching them. >> we want to stay unique and special. it is why we are building in markets like china and we look ahead to markets like india which are promising for the future. we are being very deliberate to plant the right foundation. >> china has huge potential but it is...
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Jul 6, 2023
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shery: we are looking forward to the u.s.janet yellen, heading to china in the coming hours and she will look for some sort of common ground. our chief north asian correspondent stephen engle has this preview from beijing. stephen: u.s. treasury secretary janet yellen comes to beijing with a giant suitcase of issues to discuss with her new chinese counterparts. like what we saw just a few weeks ago with the arrival of secretary of state antony blinken, the expectations for any meaningful progress will probably be set fairly low. but dialogue itself should be viewed as constructive. export controls by the u.s. on advanced technologies to china and of course beijing zone export restrictions on key metals are hot topics as america and its allies the risk their exposure to and some might say, overreliance on china. with all parties emphasizing national security, perhaps the of economic gain, it makes across specific desk across specific playing field particularly peerless. for yellen, this will allow her to meet for the first tim
shery: we are looking forward to the u.s.janet yellen, heading to china in the coming hours and she will look for some sort of common ground. our chief north asian correspondent stephen engle has this preview from beijing. stephen: u.s. treasury secretary janet yellen comes to beijing with a giant suitcase of issues to discuss with her new chinese counterparts. like what we saw just a few weeks ago with the arrival of secretary of state antony blinken, the expectations for any meaningful...
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Jul 26, 2023
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shery: housing.ennis: well, to some extent the numbers are going in various directions but there is a reasonable be you -- view that the overall shelter or owners equivalent rent measure of inflation in the housing sector is about to turn over, although that has been anticipated now for several months, but there are encouraging signs that we will see a softening of wage or of deflationary pressures in the housing sectors. haidi: what do you make of the fed's characterization of economic growth as moderate? dennis: you know i have to laugh a little bit because when i was a rookie at the fomc, i ask an economist what is the difference between modest and moderate. well, they adjusted the number and apparently moderate is a little bit stronger than perhaps modest, but i suppose you could use either word, but they are acknowledging the underlying growth of the economy continues to motor along in a pretty satisfactory -- well, not satisfactory to them -- but in a way that is no doubt adding to the inflatio
shery: housing.ennis: well, to some extent the numbers are going in various directions but there is a reasonable be you -- view that the overall shelter or owners equivalent rent measure of inflation in the housing sector is about to turn over, although that has been anticipated now for several months, but there are encouraging signs that we will see a softening of wage or of deflationary pressures in the housing sectors. haidi: what do you make of the fed's characterization of economic growth...
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Jul 2, 2023
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shery: good evening from bloomberg's world headquarters in new york, i am shery ahn.he top stories this hour. china signals policy continuity by typing a long serving technocrat as the likely next pboc governor. haidi: bond traders are bracing for another world week. u.s. jobs data could push u.s. 10-year treasury yield toward 4%. shery: plus, tesla tops expectations as price cuts lift second-quarter deliveries to a record, soaring 83% from last year. take a look at how futures are coming online in the asian session. of course, we had a lot of letters late last week. the nasdaq 100 saw the best first half ever. we are talking the resumption in gains for the tech sector. it is really helping the s&p 500 touched the highest level since april of last year. we also have data showing that the fed's preferred gauge of inflation was easing that led to optimism that perhaps the fed will not need to tighten as much. the 10-year yield holding at the 3.83 level. 2-year yield pushing a little bit higher. but we continue to watch the data out this week, including the jobs numbers.
shery: good evening from bloomberg's world headquarters in new york, i am shery ahn.he top stories this hour. china signals policy continuity by typing a long serving technocrat as the likely next pboc governor. haidi: bond traders are bracing for another world week. u.s. jobs data could push u.s. 10-year treasury yield toward 4%. shery: plus, tesla tops expectations as price cuts lift second-quarter deliveries to a record, soaring 83% from last year. take a look at how futures are coming...
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Jul 19, 2023
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shery: good evening, the top stories this hour. earnings and focus as teslas price cuts squeeze profits while netflix forecast disappoint overshadowing the success of its password sharing crackdown. haidi: goldman sachs says noisy -- a dealmaking slump. haidi: bloomberg reveals apple is working on its own ai tools to challenge the market leaders. and apple is one of those gainers, where u.s. stocks rose with real estate and utilities leading. u.s. futures under pressure in the after hours session. this as we had more optimism over cooling in the u.k. in the regular session, he saw u.s. treasuries joining of worldwide rally. those rice pressures in the u.k. dropping to the lowest in 15 months, leading to the speculation that central banks can go easier on raising rates. oil was under pressure in the new york session from the stronger dollar. traders ignoring for stockpile report that signet -- that signaled tighter market. we are following tesla, profitability shrank in the quarter. we are seeing market squeeze after months of price
shery: good evening, the top stories this hour. earnings and focus as teslas price cuts squeeze profits while netflix forecast disappoint overshadowing the success of its password sharing crackdown. haidi: goldman sachs says noisy -- a dealmaking slump. haidi: bloomberg reveals apple is working on its own ai tools to challenge the market leaders. and apple is one of those gainers, where u.s. stocks rose with real estate and utilities leading. u.s. futures under pressure in the after hours...
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Jul 24, 2023
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shery: welcome back.it has signed an agreement to build a second battery plant in the u.s.. that follows a prior deal for two and half billion dollar battery factory in indiana. samsung sdi says 2027 with an initial capacity of 34 gigawatt hours. so lantus owns the jeep and ram brands. they pledged to sell 5 million electric vehicles by the end of 2030. chinese battery makers see atl reports later tuesday with analyst expecting a second-quarter revenue to grow by double digits thanks to a recovery in china's electric vehicle purchases. analysts see margins above 20%, boosted by stabilize lithium prices and brisk business outside the clean car batteries. haidi: the global energy transition is driving a significant uptick in demand for metals and minerals. the supply of many of these raw materials is constrained. the latest assessment by bloomberg nef shows australia is best prepared to boost the supply of key minerals including lithium and rare-earth, topping china in canada. let's bring in metals analyst.
shery: welcome back.it has signed an agreement to build a second battery plant in the u.s.. that follows a prior deal for two and half billion dollar battery factory in indiana. samsung sdi says 2027 with an initial capacity of 34 gigawatt hours. so lantus owns the jeep and ram brands. they pledged to sell 5 million electric vehicles by the end of 2030. chinese battery makers see atl reports later tuesday with analyst expecting a second-quarter revenue to grow by double digits thanks to a...
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Jul 30, 2023
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shery: it's really scary.e talking about the first 21 days of the months, the hottest three week timeframe on record, following the hottest ever june. that puts 2023 on course to be the warmest year. remember, we have the warmest year on record back in 2016 when there was a strong el niÑo event. this is the first el niÑo weather pattern in almost four years. what does it mean? yes, it's hot. it is also about the climate crisis affecting bringing on a food crisis potentially. we are seeing protectionism rise again. india banning key rise exports among drought fears. we have seen flooding from new delhi to new york and violent storms with hailstones larger than tennis balls in northern italy. so really, that puts all this into perspective. when we are talking about the real, human cost that is warming of the earth will really need to. we will be discussing more on the climate crisis and what it means for markets as well with commodities prices now surging. we have more to come on daybreak australia. this is bloo
shery: it's really scary.e talking about the first 21 days of the months, the hottest three week timeframe on record, following the hottest ever june. that puts 2023 on course to be the warmest year. remember, we have the warmest year on record back in 2016 when there was a strong el niÑo event. this is the first el niÑo weather pattern in almost four years. what does it mean? yes, it's hot. it is also about the climate crisis affecting bringing on a food crisis potentially. we are seeing...
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Aug 1, 2023
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shery: bloomberg china economy editor.e of its toughest great decisions yet with the inflation rate declining, but still twice the central banks target. our global economic and policy editor kathleen hays this year with the latest. and it's a close call. kathleen: it's a tough decision added tough time to be is central banker. it's a tough time to be a central bank at any time when your inflation rate is still high, it's getting better, but it's far from its target and you have a lot of people worrying about you doing too much and causing a recession that many say isn't needed although some would say you want to slow the inflation down, you have facility economy down. 12, look for the pause, 18, look for the hike. it's a big margin, although still split. if you look at what traders are looking for, they are convinced inflation has peaked in australia, it's starting to come down, they have done enough, so we don't see anymore rate hikes at all. look at the inflation because you talk about retail and you talk about so many t
shery: bloomberg china economy editor.e of its toughest great decisions yet with the inflation rate declining, but still twice the central banks target. our global economic and policy editor kathleen hays this year with the latest. and it's a close call. kathleen: it's a tough decision added tough time to be is central banker. it's a tough time to be a central bank at any time when your inflation rate is still high, it's getting better, but it's far from its target and you have a lot of people...
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Jul 6, 2023
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shery: great.ol pepper, thank you so much for those market recommendations, founder and ceo of pepper international, with her views on the outlook on equities from here on out. plenty more to come on daybreak "daybreak: australia." this is bloomberg. ♪ all these walls gotta go! ah ah ah! i'd love a second opinion. take the first step to see if your small business qualifies. shery: here is the latest on the corporate front. j.p. morgan and goldman sachs are leading a group of banks backing gtcr's purchase of worldpay. the 9.4 billion dollars in debt would make the transaction the biggest buyout financing in over a year. gtcr plans to acquire a 55% stake in the company which handles car payments for global businesses that would value the company at over $18 billion. bloomberg has learned that private equity firm l catterton is considering options for birkenstock, and and ipo. the shoemaker could be valued at more than $6 billion. qatar 10 acerta be working on a listing in the u.s. as early as this ye
shery: great.ol pepper, thank you so much for those market recommendations, founder and ceo of pepper international, with her views on the outlook on equities from here on out. plenty more to come on daybreak "daybreak: australia." this is bloomberg. ♪ all these walls gotta go! ah ah ah! i'd love a second opinion. take the first step to see if your small business qualifies. shery: here is the latest on the corporate front. j.p. morgan and goldman sachs are leading a group of banks...
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Jul 20, 2023
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shery: i'm shery ahn. the top stories this hour. worries over earnings. the fed and china put the u.s. stock rally on pause. haidi: u.s. listed shares of chinese company's slide as beijing pledges to rebuild shattered private sector. shery: in the senate, votes to block china from buying oil from u.s. stockpiles with beijing increasingly reliant on russian fuel. look at how u.s. futures are coming online in this session after a mixed close on wall street, the dow slightly higher, s&p 500 falling. disappointing tech earnings being fed through the market with the nasdaq 100 losing more than 2% today. we also had those numbers showing resilient labor market, sending treasury yields higher. that unexpected drop in weekly initial jobless claims leading to traders pricing in higher odds of the quarter-point rate hike beyond next week. look at the 10 year yield at the 385 level. we are seeing a little upside for u.s. oil prices in the asian session and extending those gains we saw in new york. it was a choppy trading session with dwindling liquidity. the expirat
shery: i'm shery ahn. the top stories this hour. worries over earnings. the fed and china put the u.s. stock rally on pause. haidi: u.s. listed shares of chinese company's slide as beijing pledges to rebuild shattered private sector. shery: in the senate, votes to block china from buying oil from u.s. stockpiles with beijing increasingly reliant on russian fuel. look at how u.s. futures are coming online in this session after a mixed close on wall street, the dow slightly higher, s&p 500...
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Jul 31, 2023
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shery: good evening, and shery ahn. the top stories this hour. shock bowls on the stars as they deliver the longest monthly gains in two years despite worries about an overheated market. haidi: australia's d celebrates -- decelerates as they divide markets and economists. shery: chinese stocks finished july on an optimistic note, but doubts are growing about the effectiveness of government support. look at how u.s. futures are coming online in the asian session. we are seeing outside after fluctuations throughout the session today. we have the s&p 500 finishing at the 16 month high. we are talking about the longest monthly gains since august of 2021. for the nasdaq 100, the longest since august 2020. we have more optimism about a potential soft landing in the u.s., even morgan stanley's mike wilson talking about that rally running for longer. we are watching the treasury space stall. traders bracing for the $100 billion treasury bond sale coming up. we do have the quarterly refunding plan out of the treasury on wednesday. we are seeing crude pric
shery: good evening, and shery ahn. the top stories this hour. shock bowls on the stars as they deliver the longest monthly gains in two years despite worries about an overheated market. haidi: australia's d celebrates -- decelerates as they divide markets and economists. shery: chinese stocks finished july on an optimistic note, but doubts are growing about the effectiveness of government support. look at how u.s. futures are coming online in the asian session. we are seeing outside after...
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Jul 3, 2023
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shery: good evening from bloomberg's world headquarters in new york, i am shery ahn.he top stories this hour. u.s. stocks edged higher in preholiday trade, shaking of a slowdown in factory activity. tesla surging on its record sales results. haidi: haidi: it is decision day for the rba. bloomberg intelligence says array tom price crowd crush on demand -- a rate right could crashed home demand in the second half. ocbc targets a revenue boost. we will hear from the ceo at this hour. take a shery: look at how u.s. futures are coming online. a mildly positive session in new york. we had the s&p 500 edging slightly higher. but it was a holiday shortened week and a holiday shortened trading session as well, ahead of the fourth of july celebrations. tesla led to a car stocks gaining ground and battery suppliers gaining ground. also watching treasury yields push higher. the 10-year yield around 3.85. when it came to treasuries, it was a yield curve inversion in the 2's and 10's reaching multiyear extremes. that is what we are watching in the treasury space. also watching oil
shery: good evening from bloomberg's world headquarters in new york, i am shery ahn.he top stories this hour. u.s. stocks edged higher in preholiday trade, shaking of a slowdown in factory activity. tesla surging on its record sales results. haidi: haidi: it is decision day for the rba. bloomberg intelligence says array tom price crowd crush on demand -- a rate right could crashed home demand in the second half. ocbc targets a revenue boost. we will hear from the ceo at this hour. take a shery:...
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Jul 24, 2023
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shery: no more debt? external debt at a given moment will be necessary to mitigate the risks of the el niÑo phenomenon. until they repaired the infrastructure affected by the phenomenon, i have a very important meeting with the president of the world bank on july 26. ecuador's debt to the world bank is only 7% of assets and with the idb it reaches over 25%. the world bank is the largest multilateral institution from which we seek support to manage the risks we needed to mitigate due to the el niÑo phenomenon. shery: our exclusive conversation with the president of ecuador, guillermo. and i started that conversation by asking him how he feels about a potential leftist government coming in because remember ecuador's bonds are one of the worst performing in the world right now because of some political issues that the country is seeing. now the president made sure to really emphasize the fact that ecuador was able to take advantage of plunging bond prices. to actually push out these blue bonds related to the
shery: no more debt? external debt at a given moment will be necessary to mitigate the risks of the el niÑo phenomenon. until they repaired the infrastructure affected by the phenomenon, i have a very important meeting with the president of the world bank on july 26. ecuador's debt to the world bank is only 7% of assets and with the idb it reaches over 25%. the world bank is the largest multilateral institution from which we seek support to manage the risks we needed to mitigate due to the el...
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Jul 19, 2023
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shery: that's interesting.ng on this youth unemployment rate in china at record highs. even climbing in the last 221.3%. how problematic is this for an economy that is trying to grow services, grow consumption, and a whole generation of young people just cannot earn money at a normal job? halbin: yes, i want to make two quick points. the first is that everyone is talking about youth unemployment rate. the overall unemployment is still 5.2%, relative low, but that is a misleading number because based on the statistic of the so-called survey based rate, it does not include the migrant workers in the rural areas. if you take into account that, the overall labor market condition -- affecting the -- second point, youth unemployment is a big concern. 21 point 3% is a new record high and july very likely will continue to move up due to the seasonality. but the youth unemployment is more about the structural mismatch problem. as i mentioned, if you look at the economic structure, the service sector as a percentage has
shery: that's interesting.ng on this youth unemployment rate in china at record highs. even climbing in the last 221.3%. how problematic is this for an economy that is trying to grow services, grow consumption, and a whole generation of young people just cannot earn money at a normal job? halbin: yes, i want to make two quick points. the first is that everyone is talking about youth unemployment rate. the overall unemployment is still 5.2%, relative low, but that is a misleading number because...
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Jul 20, 2023
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shery: look at how u.s. futures are trading early in the asian session, pretty muted after stocks lagging in the regular session. dow slightly higher. s&p 500 falling on disappointing tech earnings. the nasdaq 100 losing more than 2%. we also have resilient labor market data. jobless claims numbers came out and unexpectedly dropped. we have treasury yields higher across the curve. this as traders are perhaps pricing in more tightening among from the federal reserve. with the dollar reversing those earlier losses, we saw a lot of volatility in oil prices, slightly higher in the asian session. haidi: it is a softer session in asia we are setting up for. a lot of central-bank uncertainties are part of that play, particularly with australia, the super resilient labor market numbers of yesterday calling into question a heightened expectation of what the rba does and its next meeting. over 50% the likelihood that markets are pricing in for another hike. broadly weaker open, both u.s. equities and treasuries fell.
shery: look at how u.s. futures are trading early in the asian session, pretty muted after stocks lagging in the regular session. dow slightly higher. s&p 500 falling on disappointing tech earnings. the nasdaq 100 losing more than 2%. we also have resilient labor market data. jobless claims numbers came out and unexpectedly dropped. we have treasury yields higher across the curve. this as traders are perhaps pricing in more tightening among from the federal reserve. with the dollar...
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Jul 16, 2023
07/23
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BLOOMBERG
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shery: good evening from new york. the top stories, janet yellen calls for further de-escalation of tensions with china but says it is premature to talk about eliminating tariffs. haidi: indonesia's finance minister tells us she is optimistic about hitting the 5% growth target despite china's weak recovery. shery: the new philippine central bank governor signals tightening is still on the table and it is premature to talk about cutting rates. u.s. futures coming online under a little bit of pressure. this of course after we saw the u.s. bond rally last week hitting a wall on friday on strong economic data including consumer sentiment. really soaring to that near-two-year high. all parts of the market were reacting. we had banks earnings, wells fargo, citi, beating lowered expectations but lenders were down. it was a broad risk off we saw across the board. the expectation right now is for the s&p 500 firms to notch a 9% drop in profits. that could be the worst season since 2020. we are watching corporate earnings very c
shery: good evening from new york. the top stories, janet yellen calls for further de-escalation of tensions with china but says it is premature to talk about eliminating tariffs. haidi: indonesia's finance minister tells us she is optimistic about hitting the 5% growth target despite china's weak recovery. shery: the new philippine central bank governor signals tightening is still on the table and it is premature to talk about cutting rates. u.s. futures coming online under a little bit of...
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Jul 19, 2023
07/23
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BLOOMBERG
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shery: very good to have her with us.china's really -- pledge when it comes to this without getting -- let's move onto some of the stories that we are watching today. washington and beijing breaking new ground and there is a three-day visit ended with the world's two biggest carbon polluters. he says talks will continue ahead are critical u.n. climate summer this november in dubai. >> came here to break new ground and it is clear that we are going to need. it will need both of us. >> china's envoy to the u.s. says beijing will retaliate the biden administration imposes limits on capital that come close to the nation. the country doesn't want to trade. they won't beyond the actions. u.s. officials are seeking to wrap up a proposal by the end of august that would restrict american tech investments in china. we are getting some breaking news, some reaction from one of the biggest private enterprises, $.10 tony commenting on these guidelines and the foul that both the communist party and the chinese government made in that jo
shery: very good to have her with us.china's really -- pledge when it comes to this without getting -- let's move onto some of the stories that we are watching today. washington and beijing breaking new ground and there is a three-day visit ended with the world's two biggest carbon polluters. he says talks will continue ahead are critical u.n. climate summer this november in dubai. >> came here to break new ground and it is clear that we are going to need. it will need both of us....
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Jul 6, 2023
07/23
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BLOOMBERG
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shery: and it is not just the fed. we are seeing this hawkish repricing when it comes to european bonds. how fast can things break when you have economic data showing so much especially in the labor market and pockets of strength continuing his bite the fact we continue to call for a potential recession coming soon? >> and in particular when you have so much excess savings in consumer pockets. that is the big question. if you have deposit flight from banks, the vectored become an issue even if people are still rich. thing across to europe, the european economy is definitely looking much weaker particularly in the case of the u.k. and in the u.k. it is alarming we had another big rise in kilts today. higher than any point in the crisis when liz truss was minister last fall. they have been as high as they were in 2008. the german bunds had a lower level because that economy has been slower for a long time. had their highest rise today since march. they are very nearly through the high they made in the bank crisis in marc
shery: and it is not just the fed. we are seeing this hawkish repricing when it comes to european bonds. how fast can things break when you have economic data showing so much especially in the labor market and pockets of strength continuing his bite the fact we continue to call for a potential recession coming soon? >> and in particular when you have so much excess savings in consumer pockets. that is the big question. if you have deposit flight from banks, the vectored become an issue...
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Jul 25, 2023
07/23
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BLOOMBERG
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shery: when could we see that?ou look at sk hynix, there is -- for memory already turned around. this is the first turnaround since the first quarter of 2021. in a way, the memory space has already turned around and that signals the end of the memory down cycle. in coming quarters, as shipments for this high-value add memory solutions pick up, we think they will show growth. on top of it, we believe major memory customers are done with -- so for smart phones pcs we expect incremental improvement in the second half. haidi: are these numbers highly relevant to investors? or are we still seeing dislocation still driven by anticipation of future earnings from ai? >> no. in the case of sk hynix, the numbers we have got, there -- they're operating loss narrowed to about 2.8 trillion yuan. we are seeing some sequential improvement and this is primarily driven by increased ship -- shipment volumes. as for sk hynix, it is not all hype. it is now showing up in the company's numbers. the shipments of high-bandwidth memory sol
shery: when could we see that?ou look at sk hynix, there is -- for memory already turned around. this is the first turnaround since the first quarter of 2021. in a way, the memory space has already turned around and that signals the end of the memory down cycle. in coming quarters, as shipments for this high-value add memory solutions pick up, we think they will show growth. on top of it, we believe major memory customers are done with -- so for smart phones pcs we expect incremental...
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Jul 3, 2023
07/23
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BLOOMBERG
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shery: this is daybreak asia. we are counting down.orter trading session ahead of the july 4 session. is this a liquidity given that it's an exciting day in terms of monetary policy in yrthe woods? haidi: it is, as we get into the central endgame, each takes on a special significance. we are on a nice edge for the rba, it could be either way. a bunch of comments we are expecting them to go today as these recession risks continue to build let's have a look at how markets are setting up for this day. annabelle: a lot for investors to be weighing up as we approach a public holiday u.s., we could expect no cash treasuries trading. the session today, japan, korea and australia coming online, we are looking at how the nikkei starts to perform because we saw a big game higher in the friday of 1.7% at the close. as weas we get trading underwaye are looking weaker. he did see black rock joining the investor optimism. essentially the outlook for japanese stocks to neutral. what else we are watching in the session will be those ai linked names be
shery: this is daybreak asia. we are counting down.orter trading session ahead of the july 4 session. is this a liquidity given that it's an exciting day in terms of monetary policy in yrthe woods? haidi: it is, as we get into the central endgame, each takes on a special significance. we are on a nice edge for the rba, it could be either way. a bunch of comments we are expecting them to go today as these recession risks continue to build let's have a look at how markets are setting up for this...
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Jul 2, 2023
07/23
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BLOOMBERG
tv
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shery: these are some of the headlines we are watching.er orner elon musk has raised the number of tweets that accounts can view each day after twice imposing lower caps. says unverified users can view 1000 posts daily. verified users can see 10,000. he initially set lower limits for both. he says that cap is needed for what he calls "extreme levels of data scraping." the united airlines ceo told staff the carrier may have to reduce its flight schedule. his letter on saturday follows days of flight disruptions as airlines across the u.s. deal with severe weather and operational challenges ahead of the independence day holiday. plenty more to come on "dayb >> tesla delivered a record number of cars in the second quarter. ellen is watching the story. >> numbers look really good. that is 18,000 more than the first quarter. and 82 percent increase year on year. we know that well over 90%. there was other good news as well. 18,000 more cars produce and then last quarter. as is down to 13.5 thousand. still a lot of work to do. we will have to pi
shery: these are some of the headlines we are watching.er orner elon musk has raised the number of tweets that accounts can view each day after twice imposing lower caps. says unverified users can view 1000 posts daily. verified users can see 10,000. he initially set lower limits for both. he says that cap is needed for what he calls "extreme levels of data scraping." the united airlines ceo told staff the carrier may have to reduce its flight schedule. his letter on saturday follows...
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Jul 18, 2023
07/23
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BLOOMBERG
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shery: how big is barclays' presence in india?uestion and very crucial for our listeners. barclays' india presence is one of the largest. they are the fourth largest in terms of revenue growth globally , which shows how importance there india business is for the bank globally. for asia, barclays's india business has grown the fastest among all the countries in asia and asia pacific. that shows how much reliance barclays has on adani. and adani being a key client for barclays, this is important for barclays' india growth and therefore, at adani's growth. shery: reporter suvashree ghosh with the latest on adani. ford shares tumbling as it slices prices on its ford f1 50 pickup truck by as much as 70%. the company is aiming to fend off the competition, for tesla and general motors. the cheapest f-150 lightning pro starts at just under $50,000. merck has learned microsoft and activision blizzard are nearing the finish line of their 9 billion-dollar deal, but they are not likely to lose it by the tuesday deadline. sources say the compa
shery: how big is barclays' presence in india?uestion and very crucial for our listeners. barclays' india presence is one of the largest. they are the fourth largest in terms of revenue growth globally , which shows how importance there india business is for the bank globally. for asia, barclays's india business has grown the fastest among all the countries in asia and asia pacific. that shows how much reliance barclays has on adani. and adani being a key client for barclays, this is important...
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Jul 30, 2023
07/23
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BLOOMBERG
tv
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shery: welcome to daybreak asia counting down to asia's major market opens. haidi: the top stories this hour, asian stocks set for a positive start with investors shaken off the boj surprise policy tweak and embracing the signs of the latest u.s. economic strength. money markets and economists split on the rba move tomorrow as its policy tightening campaign enters the final stages. and we look at how the metaverse is influencing the business outlook for japanese internet media company gree. shery: locale u.s. futures trading are that early in the asia monday session. we are seeing a little bit of support extending gains from the previous session with the s&p 500 rallying for three consecutive weeks. we were watching some key economic data on the friday session providing a rosier outlook. key gauges of inflation easing. not to mention americans are growing more optimistic about the outlook for the economy. we are waiting for more on. -- earnings. 160 nine s&p 500 companies reporting earnings this week, $11 trillion of market cap including the likes of amazon a
shery: welcome to daybreak asia counting down to asia's major market opens. haidi: the top stories this hour, asian stocks set for a positive start with investors shaken off the boj surprise policy tweak and embracing the signs of the latest u.s. economic strength. money markets and economists split on the rba move tomorrow as its policy tightening campaign enters the final stages. and we look at how the metaverse is influencing the business outlook for japanese internet media company gree....
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Jul 26, 2023
07/23
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BLOOMBERG
tv
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shery: the top stories this hour. the fed leaves the door open for further hikes after unanimously raising rates. jay powell welcoming cooler inflation and says further calls will be data-dependent. >> has noticeable slowdown in the later forecast but given the resilience of the economy recently, they are no longer forecasting a recession. haidi: quarterly sales for meta beat estimates. shery: we will hear exclusively from the executive vice president of samsung. looking at how u.s. futures are coming online, we have a mixed picture with the s&p 500 being pressured after the fomc decision. we had a slightly higher, but then jay powell started talking about how we would not achieve that 2% goal until 2025 that was perceived as hawkish. at the same time treasury yields across the board, saying that not every meeting would be a decision to height rakes -- hike rates. there was a little bit for everyone involved. we had a mixed picture when it came to the u.s. stock as well. the infotech sector leading declines but same t
shery: the top stories this hour. the fed leaves the door open for further hikes after unanimously raising rates. jay powell welcoming cooler inflation and says further calls will be data-dependent. >> has noticeable slowdown in the later forecast but given the resilience of the economy recently, they are no longer forecasting a recession. haidi: quarterly sales for meta beat estimates. shery: we will hear exclusively from the executive vice president of samsung. looking at how u.s....
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women's solidarity come in sheri you you say that to annoy me, right? joker? swear by the cheese. we had to hide it somewhere until the evening, and i couldn't think of anything better. i do not believe take it, she could wait in a cafe or in a park. why lead to peelin yes, what are you doing with iran park cafe, what are you talking about? after all, if he finds out that she did not go to the market, he will start calling the police. still connect so many problems. she'll be much safer there, i won't go to her. from the mansion this is your plan frit, sister will hide in our room. well, you think about where they will not look for it. what place no one can think of, our bedroom. such a plan just like in the movie mission impossible what can i say? just perfect. but i say, right away my sister will not climb stairs and roofs. why does she have a fear of heights, she won’t even climb the stairs to the roof, oh no, she won’t be able to for anything. she i know the meaning with iran will have to have another way. no, not through the main entrance. i won't be able
women's solidarity come in sheri you you say that to annoy me, right? joker? swear by the cheese. we had to hide it somewhere until the evening, and i couldn't think of anything better. i do not believe take it, she could wait in a cafe or in a park. why lead to peelin yes, what are you doing with iran park cafe, what are you talking about? after all, if he finds out that she did not go to the market, he will start calling the police. still connect so many problems. she'll be much safer there,...
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4.0
Jul 15, 2023
07/23
by
1TV
tv
eye 4
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a pleasant surprise instantly arises in my head, we go to ladoga shery. this is a nature reserve in the northern and northwestern parts of ladoga with such a landscape. nowhere else in russia you will find 650 rocky islands of different heights and sizes as much as a dick, this is how rock in the sea is translated, and it is impossible to watch and explore the entire archipelago in a short time for this and the whole a year is not enough. well, land on the island and immediately find blueberries. this is great luck. looks like i found the right place. so so so so so so it is. well, it's all luck. i think it's a complete success of the nature of the picture to write, but there is also a big and fat minus zhenya said that there are a lot of snakes standing there, as if rooted to the spot, i'm afraid, almost crying. look what you found, look sergeevna well, let's take a sample. eat, naturally snake. finally, how much? milta, well kilometers the route is built any life circumstances are given to a person for nothing. and for some reason, this is the life expe
a pleasant surprise instantly arises in my head, we go to ladoga shery. this is a nature reserve in the northern and northwestern parts of ladoga with such a landscape. nowhere else in russia you will find 650 rocky islands of different heights and sizes as much as a dick, this is how rock in the sea is translated, and it is impossible to watch and explore the entire archipelago in a short time for this and the whole a year is not enough. well, land on the island and immediately find...
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Jul 21, 2023
07/23
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FOXNEWSW
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. >> meet keri and sheri.y started the apparel company for, women who ride when business took off. they needed a loan. smart loans. bcom found them a bank which got them on sba loan with a great rate. without smartphones, wede probably wouldn't have gotten probably wouldn't have gotten a loan appliance by bezos .comr ship station saves us so much ship station saves us so much time it makes it really easylf and seamless. station/ it can order everything you need, slap the label onto you need, slap the label onto the box and it's ready free our cost for shipping like we're cut in hal f just like that. go to ship station .com slash tv and get two months free. and now it's time for what's wrong with these people.what's >> welcome to what's wrong with these people.t. >> tonight star mitt romney. roll it.l, a well, as you all know, today day is national hotdog day. and perhaps you also know that hotdog is my favorite meat. i love hotdogs. i love them. and buns love them outside of i bonds. i love them with baked bea
. >> meet keri and sheri.y started the apparel company for, women who ride when business took off. they needed a loan. smart loans. bcom found them a bank which got them on sba loan with a great rate. without smartphones, wede probably wouldn't have gotten probably wouldn't have gotten a loan appliance by bezos .comr ship station saves us so much ship station saves us so much time it makes it really easylf and seamless. station/ it can order everything you need, slap the label onto you...
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Jul 5, 2023
07/23
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CSPAN
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eye 32
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sheri on facebook says, an independent will not get the backing from congress needed to affect changewe must start voting for better candidates for congress and the presidential election or it will be america's demise. bill is on the phone from new york, independent. caller: hello. i am a registered green. every election i vote for my party if they have candidates running. if cornell west gives the green nomination, i will be voting for him. host: tell me what. what do you like about the green party? caller: because of their principles. it is a green new deal essentially. i support that. if the democrat, and there is no candidate for green, i would consider a liberal democrat. biden is too old, too weak. i'm going with cornell west. host: let's talk to doc in baton rouge, louisiana. independent. caller: good morning. i am going to go with this aunt is -- de santis. i think he is a good guy. he's not a criminal like trump and biden. to me that is the main thing. hell, you can't even walk the streets in baton rouge without getting shot. host: you are an independent. i wonder who you vot
sheri on facebook says, an independent will not get the backing from congress needed to affect changewe must start voting for better candidates for congress and the presidential election or it will be america's demise. bill is on the phone from new york, independent. caller: hello. i am a registered green. every election i vote for my party if they have candidates running. if cornell west gives the green nomination, i will be voting for him. host: tell me what. what do you like about the green...