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Markets Weigh Fed Path, Biden’s Bid | Bloomberg: The Asia Trade 7/4/2024

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“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.

00:00:16- Bloomberg: The Asia Trade opens
00:03:42- Fed minutes: Officials seek more evidence of cooling inflation
00:07:23- JPMorgan Asset Management Global Market Strategist Kerry Craig
00:14:31- Putin meets Xi second time since May as leaders hail ties
00:18:53- Australia corporate watchdog faces Senate calls for breakup
00:24:53- EXCLUSIVE: Zelenskiy challenges Trump to reveal plans for ending war
00:33:22- Hedge funds lose favor in Australia’s $2.6T pension pot
00:36:20- Investors bullish on Japan amid US rate cut bets
00:40:16- EXCLUSIVE: Hitachi CFO Tomomi Kato
00:44:34- LIVE: Democratic governors speak after crisis meeting on Biden’s re-election bid
00:46:51- Australia, Japan, and Korea market opens
00:49:33- Pepperstone Group Head of Research Chris Weston
00:59:18- Aramco, Adnoc said to consider bids for gas producer Santos
01:02:57- Xi backs Putin as pressure builds on Beijing to end Ukraine war
01:06:29- Chinese EV sales hold up in Europe
01:11:26- Kamala Harris has surprise resurgence
01:16:31- UNSW Senior Lecturer in Politics and International Relations Alexander Korolev
01:24:25- Topix index trades above record-high closing level
01:31:07- PWC struggling in China with an exodus of clients, staff
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Fed is going to raise rates due to inflation, says economist #shorts #inflation #pce #fed #politics

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SMBC economist Joseph Lavorgna tells Kailey Leinz that due to inflation data, he expects the Fed to raise rates https://bloom.bg/4eNesXG

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Bloomberg New Voices: What We Learned in Martha’s Vineyard #shorts #women

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Romaine Bostick reports from Martha’s Vineyard, where Bloomberg’s New Voices program spoke with executives such as Roz Brewer and David Hall on the importance of diversity and the state of business today https://bloom.bg/4goHIEW

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Germany’s AfD Stirs Fears Ahead of Saxony-Anhalt Election

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Nationalist party Alternative for Germany (AfD) is leading polls ahead of Sunday’s election in Saxony-Anhalt. The AfD is pushing back on a growing chorus from centrist politicians, think tanks and industry leaders warning of the negative consequences of the far-right party’s proposals. Bloomberg’s Christoph Rauwald reports.
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Nvidia Predicts AI-fueled Sales Surge Will Extend Into 2028

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Nvidia, the chipmaker at the heart of the artificial intelligence boom, gave a bullish sales outlook for fiscal 2028, easing concerns that AI spending is poised to lose momentum. Ed Ludlow breaks down the company’s Q2 earnings.
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US Races to Boost Missile Interceptor Output

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The US retains significant munitions capacity for operations against Iran, but stocks of sophisticated interceptors missiles have come under greater pressure. Bloomberg Intelligence Senior Defense Analyst Col. Wayne Sanders tells  tells Christina Ruffini and Jeff Mason on Bloomberg This Weekend that manufacturers are being pushed to sharply increase production, a process complicated by sprawling supply chains and concerns about preserving advanced weapons for other potential conflicts.
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