Here's your summary from Powell Flags Risks, Samsung Faces ‘Indefinite’ Labor Strike | Bloomberg: The Asia Trade 7/10/24 (https://www.youtube.com/watch?v=Ih8j30VhOqs) on the Bloomberg Television channel:

### TLDR:

Asian stocks set for a weaker open, Japan's biggest lender calls for bond buying cuts, South Korean labor market numbers in line with expectations.

### Key Points:

1. Asian stocks expected to open weaker despite Wall Street's winning streak.

2. Japan's largest lender urges deep cuts to bond buying as central bank normalizes policy.

3. South Korean labor market numbers show jobless rate at 2.8% and 96,000 jobs added in June.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

Reply to this note

Please Login to reply.

Discussion

No replies yet.