Bloomberg
Airlines Warn About Impact of Higher Jet Fuel Costs
Three US carriers warned about an unexpected surge this quarter in the price of jet fuel, one of the industry's highest expenses, adding to lingering concerns about demand in domestic markets, lower fares and rising labor costs....
Bloomberg
OPEC+ Key Members Extend Output Curbs
Oil held near the highest since November after OPEC+ leaders Saudi Arabia and Russia announced that they would extend supply curbs through the end of the year, tightening the global market. Ben Sharples reports on Bloomberg Television.
Bloomberg
Is Oil's Rocky Run Going to Continue?
Saugata Saha, president of S&P Global Commodity Insights, discusses the outlook for oil, which extended its rally to hit the highest level since November on expectations that supply cuts by OPEC+ leaders will tighten the market. Oil's...
Bloomberg
CGS-CIMB's Cheng on China Property
Raymond Cheng, Head of China and Hong Kong Research at CGS-CIMB Securities, discusses his outlook for China's property sector. He speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
Bloomberg
China Banks Enlisted in Stimulus Push
China may announce that the big state-owned banks are cutting rates on the majority of the nation's 38.6 trillion yuan ($5.3 trillion) of existing mortgages, according to people familiar with the matter. The reductions will only affect...
Bloomberg
Naitixis' Garcia Herrero on Asia Economy Outlook
Alicia Garcia Herrero, Chief Economist for Asia Pacific at Natixis, discusses her outlook for Asian economies, including an upcoming BOK meeting, inflation in Japan and China's economic downturn from property and banking woes. She speaks...
Bloomberg
Goldman Economists Pencil In First Fed Rate Cut for Q2 of 2024
Goldman Sachs economists anticipate the Federal Reserve will start to lower interest rates by the end of next June, with no further hikes this year. Bloomberg's Valerie Tytel reports on "Bloomberg Surveillance: Early Edition."
Bloomberg
UK Economy Surprise: Strongest Growth in More Than a Year
UK gross domestic product rose 0.2% from the first quarter, the biggest increase since the start of 2022, in a surprising show of resilience that will keep pressure on the Bank of England to raise rates further. Lizzy Burden reports on...
Bloomberg
Is the Summer of Disinflation Over?
Is the Summer of disinflation over? That was Thursday's question of the day posed to Kathryn Rooney Vera, Stonex Financial Chief Market Strategist, by Alix Steel and Guy Johnson on "Bloomberg Markets: Americas."
Bloomberg
First Look With Surveillance: Jobs Data, German Output
Dani Burger and Kriti Gupta take you through what to watch today.
Bloomberg
China May Add Policies to Promote Capital Markets: Haitong International
Wang Shengzu, global head of asset management at Haitong International, talks about China's economy, the government's policies, and the implications for financial assets. He speaks with Yvonne Man and David Ingles on "Bloomberg Markets:...
Bloomberg
Inflation Is Still a Worry, BlackRock's Watson Says
Marilyn Watson, BlackRock's head of global fundamental fixed income strategy, says the services industry is well supported and inflation is moderating but it's too early to stop worrying about inflation on "Bloomberg Markets: European...
Bloomberg
Markets in 3 Minutes: Earnings Support With Dull Fed Expected
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets: Today."
Bloomberg
Strategists See Turning Point for US Dollar
The dollar's worst slump since November has a bevy of strategists and investors saying a turning point is finally at hand for the world's primary reserve currency. David Finnerty reports on Bloomberg Television.
Bloomberg
Sonders: Conditions for a Fed Rate Cut Don't Exist
Liz Ann Sonders, chief investment strategist at Charles Schwab, says conditions for a Federal Reserve interest rate cut this month don't exist. She's on "Bloomberg Markets: The Close."
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Bloomberg
China Likely to Deliver Further Stimulus, GAMA Says
Rajeev De Mello, global macro portfolio manager at GAMA Asset Management, discusses policies of central banks including the Federal Reserve, the implications for financial markets, and his views on China. He speaks with Kathleen Hays and...
Bloomberg
UAE Won't Join Oil Production Cuts For Now
The United Arab Emirates won't be making further voluntary OPEC+ oil production cuts at the present time, said the country's energy minister. Saudi Arabia and Russia say they're keeping their fresh cuts in place. Bloomberg's Manus Cranny...
Bloomberg
Pimco's Clarida Says Fed Could 'Ratchet Down Rates' Next Year
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco) and former Federal Reserve vice chairman, says the Fed could "ratchet down rates" in 2024 despite not meeting its inflation target. "We could see cuts...
Bloomberg
UBS to Cut More Than Half of Credit Suisse Workforce
UBS Group AG is planning to cut more than half of Credit Suisse Group AG's workforce starting next month as a result of the bank's emergency takeover. Total job losses could add up to about 35,000. Bloomberg's Sonali Basak...
Bloomberg
ING's Carnell on APAC Economic Outlook
Rob Carnell, Chief Economist & Regional Head of Research, Asia-Pacific at ING Chief, discusses economic outlook in the APAC region. He speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
Bloomberg
First Look With Surveillance: Putin Grip, Wheat Swing
Tom Mackenzie and Kriti Gupta take you through what to watch today.
Bloomberg
Wellesley's Chan on Banking Jobs
Wellesley Managing Partner Loretta Chan discusses the latest round of job cuts in banking and finance sector. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
Bloomberg
IEA Chief Sees Tight Second-Half Oil Market Even With 'Sluggish' China
"Given the cuts some of the producing countries are going to carry out, we may see some tightness in the markets in the second half." International Energy Agency Executive Director Fatih Birol discusses the outlook for oil. He also talks...
Bloomberg
Oil Lower on China Stimulus Disappointment
Nadia Martin Wiggen, Partner and Commodities Analyst at Pareto Securities, joined Bloomberg's Dani Burger to discuss the energy market