Latest news with #BloombergBrief
Bloomberg
7 hours ago
- Business
- Bloomberg
Gunman Targets NFL in Deadly Shooting; Dollar Climbs to Five-Week High
The gunman who killed at least four people and himself at a Midtown Manhattan office tower was targeting the NFL, according to law enforcement officers. US equity futures edge higher after hitting another record with the dollar climbing to a five-week high. The US and EU are rushing to lock in their trade deal before the tariff deadline. Marvin Barth of Thematic Markets says there is little risk that other countries will pull away from the US as a result of trade deals. Cayla Seder of State Street believes data suggests the economy doesn't need rate cuts. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Bloomberg
5 days ago
- Business
- Bloomberg
Global Stocks Hit Fresh Highs; Trump's Tariffs May Range from 15-50%
US equity futures are steady after global stocks notch new all-time highs on trade optimism. President Trump suggests tariff rates will not go below 15% with several countries on the verge of making deals. Elon Musk warns Tesla is in for rough times ahead after posting one of the firm's worst quarters in over a decade. Elsa Lignos of RBC Capital Markets says investors are not willing to give up on the US dollar despite weakness. James J. Zenni Jr. of Z Capital Group sees capital costs creating a logjam of deals. Stephanie Brinley of S&P Global Mobility discusses Tesla earnings. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Bloomberg
22-07-2025
- Business
- Bloomberg
Futures Slip Ahead of Earnings; Bessent Calls for Federal Reserve Review
US equity futures retreat after the S&P 500 closes above 6,300 for the first time ahead of a busy day of earnings. Treasury Secretary Scott Bessent calls for a review of the Fed that includes non-monetary policy operations and building renovations. Lucy Baldwin of Citi forecasts some upside risk to the US dollar. Amanda Lynam of BlackRock sees the credit market showing some signs of left tail pockets of stress. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Bloomberg
21-07-2025
- Business
- Bloomberg
EU Races to Secure US Trade Deal; Japanese PM Suffers Election Setback
US equity futures climb ahead of a busy earnings week. The European Union and the US head into another week of intensive talks as they seek to clinch a trade deal. The Japanese yen gains against the dollar as Prime Minister Ishiba vows to lead the nation despite a historic upper house election setback. Max Kettner of HSBC says he sees the current rally going further and Amy Wu Silverman of RBC Capital Markets calls the rally "reluctant." 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Bloomberg
17-07-2025
- Business
- Bloomberg
Dollar Rebounds After Trump-Powell Drama; Trump Eyes 10-15% Tariffs
Stocks edge higher and the dollar bounces following a jolt of nervousness over the future of Fed Chair Jerome Powell. President Trump says he would send letters to more than 150 countries about a potential 10-15% tariff rate. TSMC hikes its 2025 sales growth forecast to around 30% in US dollar in a boost for AI demand hopes. Deutsche Bank's George Saravelos and Sitara Sundar of JPMorgan Private Bank discuss the potential market impact of a Powell removal and what to expect from this earnings season. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
