Bloomberg
US Commissions New Battleship USS Canberra in Sydney
Australian and US forces on Saturday began two weeks of drills as part of "Exercise Talisman Sabre." At the same time, the US officially commissioned a new battleship in Sydney, the USS Canberra, one of just a handful of warships to be...
Bloomberg
How Would Generative, Predictive AI Change Wall Street?
Jan Szilagyi, co-founder and chief executive officer of Toggle AI, a generative artificial intelligence fintech startup that uses machine learning to turn institutional-grade data into insights for investors, discusses what generative...
Bloomberg
US Senate Votes to Ban Sales of Strategic Oil Reserves to China
The US Senate has voted to block China from buying oil from emergency stockpiles. Strategic Reserves are at a 40-year-low following the Biden administration's 180 million barrel drawdown last year to help tame oil prices. Jodi Schneider...
Bloomberg
Dollar Could Get a Little Lift This Summer: Piron
"This summer we think the dollar can get a little bit of a lift." Claudio Piron, co-head of Asia FX and rate strategy at BofA Securities, discusses the dollar, Federal Reserve policy and European currencies. He speaks on Bloomberg...
Bloomberg
Federal Reserve Likely to Raise Rates Next Week, Kaplan Says
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy and the state of the US economy. He speaks with Shery Ahn and Kathleen Hays on "Bloomberg Daybreak: Australia."
Bloomberg
Deutsche Bank's Goel: We Are Getting to Top of Fed Cycle
"We are certainly getting more conviction that we are getting to the top of the Fed cycle." Sameer Goel, global head of emerging markets & APAC research at Deutsche Bank, discusses Federal Reserve policy and his outlook for the dollar....
Bloomberg
Richemont Falls on US, China Luxury Demand Concerns
Richemont reported a surprise drop in revenue from the Americas in the three months through June. The Swiss owner of Cartier led luxury-goods stocks lower amid concerns that demand in the US and China is starting to slip. Bloomberg...
Bloomberg
Goldman Cuts US Recession Risk to 20%
The US economy has a better chance of avoiding a recession in the next 12 months following recent positive data on economic activity and inflation, according to Jan Hatzius, the chief economist at Goldman Sachs Group Inc. Kathleen Hays...
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
Dollar Lowest Since April 2022
The dollar is weakening as US interest rates near a peak and the Federal Reserve's aggressive tightening begins to take a toll on the world's largest economy. David Finnerty reports on Bloomberg Television.
Bloomberg
UBP's Calder: Neutral Global Equities, but Favor US
"We are neutral global equities, but within that, we like the US." Kieran Calder, head of equity research for Asia at UBP, discusses his investment strategy and his outlook for markets. He speaks on Bloomberg Television.
Bloomberg
See One More Fed Rake Hike at Most This Year: Chao
"Door has been opened for Fed to be less hawkish." David Chao, global market strategist for Asia Pacific at Invesco, discusses Federal Reserve policy, his investment strategy and his outlook for markets in the second half of the year....
Bloomberg
Blinken Meets China's Top Diplomat Wang Yi
The top diplomats from China and the US have met again, as the two superpowers try to keep lines of communication open. But now, allegations of Chinese hacking of US government email accounts are threatening to derail dialogue yet again....
Bloomberg
JPMorgan's Wang: Opportunistic, but Selective in Equities
"We are opportunistic, but still quite selective in equities positioning." Julia Wang, executive director and global market strategist at JPMorgan Private Bank, discusses her investment strategy and her outlook for China. She speaks on...
Bloomberg
Inflation Is the Critical Variable for Markets: McIntyre
"Inflation is the critical variable for markets." Jack McIntyre, portfolio manager at Brandywine Global, discusses US inflation, his investment strategy and his outlook for bonds. He speaks on Bloomberg Television.
Bloomberg
Biden Meets With King Charles III at Windsor Castle
King Charles III welcomed US President Joe Biden to Windsor Castle on Monday during his short visit to the UK before traveling to Lithuania for the North Atlantic Treaty Organization's summit.
Bloomberg
Ford's EV Battery Partner SK On Targets US Growth
South Korea's SK On Co., which along with Ford Motor Co. received a $9.2 billion loan from the US government to build three electric-car battery plants in America, is losing money but says it's not concerned. Heejin Kim, who has met SK...
Bloomberg
US Equities Have Priced in a Soft Landing: Chan
"US equity market has priced in a soft landing." Cecilia Chan, chief investment officer for APAC at HSBC Asset Management, discusses the potential for a recession in the US, the equity market and her outlook for China. She speaks on...
Bloomberg
UBS's Gordon: Inflation Going to Be Weaker Than Expected
"US Inflation is going to be weaker than expected." Wayne Gordon, commodities and FX executive director at UBS Global Wealth Management, discusses inflation and his outlook for Federal Reserve policy. He speaks on Bloomberg Television.
Bloomberg
Oil Shows Strength After OPEC+ Cuts
The oil market is starting to show signs of strength as the latest OPEC+ cuts take hold. The US, meanwhile, is buying 6 million more barrels of oil as it slowly rebuilds its emergency reserves. Su Keenan reports on Bloomberg Television.
Bloomberg
US Renews Audits of China Firms
US audit officials have started a fresh round of inspections of Chinese companies listed in New York, according to people familiar with the matter. More than a dozen names are said to be on the list, including Tencent, Didi Global Inc....
Bloomberg
Yellen to Meet China's Premier
US Treasury Secretary Janet Yellen will meet with China's premier on Friday as her Beijing visit gets into full swing. John Liu reports on Bloomberg Television.
Bloomberg
CFTC Investigators Conclude Celsius Broke Agency Rules
Investigators at the Commodity Futures Trading Commission have concluded that bankrupt crypto lender Celsius Network and its former CEO broke US rules before the firm's implosion, according to people familiar with the matter. Shery Ahn...
Bloomberg
Very Difficult for Fed to Pivot Anytime Soon: Trinh
"It's very difficult for Fed to pivot anytime soon." Sue Trinh, co-head of global macro strategy at Manulife Investment Management, discusses Federal Reserve policy and its impact on markets. She speaks on Bloomberg Television.