Bloomberg Daybreak: Europe Edition

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The S&P 500 had its best day since November 2022, while the Nasdaq advanced 3.1%. (2) Initial applications for US unemployment benefits fell last week by the most in nearly a year, potentially alleviating some concerns that the labor market is cooling too fast following last week’s disappointing jobs...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Three-quarters of the global carry trade has now been removed, with a recent selloff erasing this year’s gains, according to JPMorgan. (2) Anti-racism protesters turned out in their thousands in towns and cities across the UK to counter far-right demonstrations that failed to materialize on Wednesday even...

 Your morning briefing, the business news you need in just 15 minutes.   On today's podcast: (1) US Treasuries are at risk of a further selloff as traders in the futures and options markets cash in on their bets for aggressive Federal Reserve interest-rate cuts this year. (2) Bank of Japan Deputy Governor Shinichi Uchida sent a strong dovish signal in the wake of historic financial market volatili...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Japanese equities powered higher, leading gains in Asia, as they retraced some of the losses sustained in Monday’s global rout that wiped out billions across markets from New York to London. US equity futures also advanced and Treasuries fell. (2) Federal Reserve Bank of San Francisco President Mary Daly...

Global stock markets tumbled as concerns about a US economic slowdown intensified. Traders ramped up bets that the Federal Reserve will step in with an emergency interest rate cut. For instant reaction to this selloff, and how Fed officials will respond, Bloomberg's Nathan Hager speaks with Veronica Clark, US Economist at Citigroup. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.  On today's podcast: (1) A global stocks selloff deepened on Monday as concerns grew that the Federal Reserve is behind the curve with policy support for a slowing US economy, sending investors into the safety of bonds. (2) Global bonds have erased their losses for the year as concern the US economic outlook is rapidly worsening...

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of quarterly earnings from Walt Disney. Also a look at earnings from Uber and Lyft. In the UK – a look ahead to a visit to the U.S by new UK Chancellor Rachel Reeves. In Asia -  a preview of Alibaba earnings and China trade data. See omnystudio.com/listener for...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A rally in Treasuries extended into a seventh straight day, as traders fixated on upcoming jobs data to cement their view that the US will pivot to cut interest rates in September. (2) The Bank of England voted 5-4 to cut interest rates for the first time since early 2020 and signaled further reductions a...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Chair Jerome Powell signalled central bank officials are on course to cut interest rates in September unless inflation progress stalls, citing risks of further labor-market weakening. (2) It’s a close call, but Bank of England policymakers are likely to vote for the first interest rate cut...

Your morning briefing, the business news you need in just 15 minutes.  On today's podcast: (1) Hamas said its political leader, Ismail Haniyeh, was killed in an airstrike in Tehran that it blamed on Israel, putting the Middle East on edge for potentially even more violence. (2) The Bank of Japan raised its benchmark interest rate and unveiled plans to halve its bond purchases in actions that under...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Chancellor of the Exchequer Rachel Reeves made one thing clear in her audit of UK public spending on Monday. The new Labour government plans to front-load the bad news, leaving as much time as possible to repair and rebuild the economy before the next election in five years' time. (2) Standard Chartered e...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel attacked Hezbollah targets on Sunday and threatened further retaliation for a rocket strike that killed 12 youngsters while signaling openness to a proposed Gaza truce that could also calm the second and more combustible front with Lebanon.  (2) Vice President Kamala Harris raised $200 million in h...

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of next week’s Fed meeting and jobs report in the U.S, along with tech earnings.. In the UK – a preview of next week’s Bank of England meeting. In Asia – a look at earnings from tech companies Apple and Samsung. See omnystudio.com/listener for privacy informatio...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Trains to and from Paris, including the international Eurostar service, were hit by what authorities called a "massive attack aimed at paralyzing the network" of France's super-fast trains just hours ahead of the inauguration ceremony of the 2024 Olympic Games.   (2) UK Chancellor of the Exchequer Rachel...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) wagers on aggressive easing by the Fed have been rising in recent days amid debate over whether the central bank should act when it meets next week. Former New York Fed President Bill Dudley told Bloomberg that US policymakers should reduce rates at that gathering. (2) The assumptions that have driven thi...

Your morning briefing, the business news you need in just 15 minutes.   On today's podcast: (1) President Joe Biden framed his momentous decision to drop out of the 2024 race as a bid to unify the nation under a new generation of leaders, in his first speech since ending his reelection campaign and political career. (2) Donald Trump attacked Democrats on abortion, seeking to position himself as a...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Deutsche Bank said it will most likely refrain from conducting a second share buyback this year, after suffering its first quarterly loss in four years. (2) BNP Paribas equities traders for the first time ever made more money than their fixed-income colleagues, highlighting the unit's growth over the past...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Tesla reported its fourth straight quarter of disappointing profits on Tuesday, and Chief Executive Officer Elon Musk made clear that better days are still a ways off. (2) Google parent Alphabet reported second-quarter revenue that exceeded analysts’ expectations, boosted by demand for cloud-computing ser...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Kamala Harris has more than enough pledged delegates to clinch the Democratic presidential nomination, following an extraordinary two-day blitz that saw the vice president consolidate her party’s backing to challenge Donald Trump in November. (2) Vice President Kamala Harris, the clear favorite for her pa...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Joe Biden abandoned his reelection bid, bowing to relentless pressure from Democrats to drop out over fears he was too feeble to beat Donald Trump and injecting fresh chaos into the 2024 election. (2) Notable Democrats including Bill and Hillary Clinton and former Labor Secretary Robert Reich...

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S GDP and Core PCE data, and a preview of Tesla earnings. In the UK – a look ahead to the Paris Olympic Games. In Asia – a look at how the U.S election will shape the U.S, China relationship.   See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A series of technical glitches disrupted services at airlines, banks and the London Stock Exchange on Friday, an unusually widespread cascade of failures that erupted from the US to Asia after Microsoft reported an outage across its online services. (2) Donald Trump delivered his first public address sinc...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump delivered his first public address since surviving a failed assassination attempt, relating an incident in detail that he called "too painful to tell." (2) President Joe Biden's grasp on the Democratic presidential nomination appeared to be slipping Thursday, as he weighed increasingly public...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Joe Biden can’t catch a break. It seemed like things couldn’t get much worse for the president after he was diagnosed Wednesday with Covid-19, dashing his hopes of counter-programming the Republican National Convention by forcing him to cancel an appearance before a key Latino advocacy group. (2) Then, th...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The US Secret Service boosted security around former President Donald Trump after picking up intelligence in recent weeks of an Iranian plot to assassinate him, people familiar with the matter said, adding that the threat was separate from the attempt on his life last weekend. (2) Elon Musk said he will r...