Funding & Business
Asia Eyes Cautious Open on Tariff Deals, Oil Falls: Markets Wrap
Asian equities were set for a cautious start as investors awaited further details on US import duties ahead of a July 9 deadline. Oil fell after OPEC lifted output.
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Lisa Hornby, Head of US Fixed Income at Schroeder Investment Management, sees a near-term slowdown in the economy and reacceleration in the medium term. She speaks to Bloomberg’s Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern on ‘Surveillance.’ (Source: Bloomberg)
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David Kelly, JPMorgan Asset Management chief global strategist, says the US economy is grinding to a halt, but the weekly jobless claims were probably an “overshoot.” He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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Deutsche Bank sees shares of Federal National Mortgage Association and Federal Home Loan Mortgage Corp. gaining further on expectations the mortgage giants will possibly be released from government control in the near future.
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