Asian stocks edged lower and US equity-index futures dropped at the open as trade conflicts showed no signs of abating. Nvidia said the US put new restrictions on some chip exports to China. Contracts for the Nasdaq 100 fell more than 1.5% and S&P 500 futures retreated 1% after Nvidia slumped in after-hours trading. That’s even as results from Wall Street’s financial heavyweights on Tuesday underscored an equity-trading boon and still-healthy consumers and businesses. We discuss the day's ma...
Apr 16, 2025•22 min
Speaking exclusively to Bloomberg, Treasury Secretary Scott Bessent played down the recent selloff in the bond market, rejecting speculation that foreign nations were dumping their holdings of US Treasuries. In her latest column, Bloomberg Opinion's Shuli Ren writes China is done retaliating against President Donald Trump's exorbitant tariffs, calling the administration's actions a "joke" that it no longer considers worthy of matching. The question now is whether President Xi Jinping will find a...
Apr 15, 2025•18 min
On today's episode - US President Donald Trump pledged he will still apply tariffs to phones, computers and popular consumer electronics, downplaying a weekend exemption as a procedural step in his overall push to remake American trade. We preview the trading week ahead with Chuck Cumello, President and CEO at Essex Financial Services. Asian stocks advanced at the open after Washington issued the pause on import duties on a range of consumer electronics, lifting sentiment after a volatile week f...
Apr 14, 2025•19 min
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 Retail sales and earnings from Netflix. In the UK – a look ahead to next week’s ECB meeting. In Asia – a look ahead to earnings from TSMC. See omnystudio.com/listener for privacy information.
Apr 11, 2025•39 min
A gauge of Asian stocks is on track for its third consecutive week of decline as market relief turned to angst after the White House clarified US tariffs on China rose to 145%. US Treasuries resumed a selloff from earlier in the week. Equity-index futures for the S&P 500 retreated 1%. In a sign investors are seeking havens and non-US alternatives, the euro soared as much as 1.6%, the yen strengthened and gold set a new high. We check in with Mark Cranfield, Bloomberg MLIV Strategist in Singa...
Apr 11, 2025•19 min
Asian stocks posted their biggest jump in more than two years as global financial markets rebounded after US President Donald Trump paused most of his sweeping reciprocal tariffs. Treasuries rallied after a tumultuous session. Trump announced a 90-day pause on the new tariffs that hit dozens of trading partners Wednesday. However, he raised duties on China to 125%. That came after the Asian nation retaliated and said it will raise levies on US goods to 84%. We get some perspective from Chi Lo, S...
Apr 10, 2025•23 min
Stocks sank and Treasuries sold off in Asia Wednesday morning, as financial markets were hit by fresh turmoil after US President Donald Trump ratcheted up the pressure on China and pledged to push ahead with sweeping global tariffs. Bloomberg Opinion's Karishma Vaswani says Washington's tariffs are driving Asian nations to strengthen cooperation with each other and consider drifting back towards China, which could erode American credibility and strategic edge in the Indo-Pacific. She joins the p...
Apr 09, 2025•20 min
Asian shares bounced back after a record selloff, as Japan lead gains on expectations that it will get priority in trade talks with US President Donald Trump’s administration. China slammed the US for threatening to raise its tariffs and pledged to retaliate if Washington follows through, raising the stakes of the trade war between the world’s two largest economies. We get some market perspective from Stephanie Leung, Chief Investment Officer at StashAway. On Monday, Trump threatened to slap add...
Apr 08, 2025•20 min
A flight from global equities accelerated Monday and investors piled into haven assets as the fallout from US President Donald Trump’s tariffs deepened after China slapped retaliatory measures. From Sydney to Tokyo, Asian stocks plunged at the open along with commodities such as oil and copper. Trading of Nikkei 225 and Topix futures was suspended earlier as a circuit breaker was triggered due to a glut of sell orders, according to a notice on Japan Exchange Group's website. Yields on two-year T...
Apr 07, 2025•22 min
Markets wrap up a turbulent week as Asian shares fall to the lowest level in two months, extending a global selloff in stocks after President Donald Trump’s latest tariff measures drove investors into haven assets. Stateside, the S&P 500 tumbled more than 4.8% for its worst single-day drop since 2020. We speak with Garfield Reynolds, Bloomberg MLIV Asia team lead in Sydney. Plus - Steve Brice, Chief Investment Officer at Standard Chartered Wealth Solutions, shares how he’s navigating the rec...
Apr 04, 2025•14 min
This is a special edition of the Bloomberg Daybreak: US Edition podcast. Subscribe to the show: on Apple: http://bit.ly/3DWYoAN on Spotify: http://bit.ly/3jGRYiB Anywhere: http://bit.ly/3J1bct9 On today's episode: President Donald Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy, sparking threats of retaliation and a selloff in markets around the world.Trump announced Wednesday he will apply at least a 10% tariff on all exporters ...
Apr 03, 2025•22 min
President Donald Trump imposed the steepest American tariffs in a century, stepping up his campaign to reshape the global economy and unnerving investors who see a trade war as a risk to US growth. Trump announced Wednesday he will apply at least a 10% tariff on all exporters to the US, with even higher duties on some 60 nations to counter large trade imbalances with the US. That includes some of the country’s biggest trading partners, such as China — which now faces a tariff of well above 50% o...
Apr 03, 2025•19 min
President Donald Trump’s deliberations over his plans to impose reciprocal tariffs are coming down to the wire, with his team said to be still finalizing the size and scope of the new levies he is slated to unveil on Wednesday afternoon. Asian stocks edged lower as traders grapple with how to position themselves ahead of the planned 4pm Eastern time White House announcement. We speak with David Finnerty, Bloomberg FX and Rates Strategist in Singapore. Plus - how those new tariffs may stand to af...
Apr 02, 2025•20 min
On today's episode, a discussion on how the latest bouts of market volatility ahead of new reciprocal tariffs from the Trump White House may be giving investors pause. We speak with Brad Bernstein, Managing Director at UBS Private Wealth Management. Plus - how the rollout of those tariffs later this week may drive emerging-market volatility, and why Asian markets may be at risk given the large trade imbalance with the United States. We hear from Aoifinn Devitt, Chief Global Market Strategist at ...
Apr 01, 2025•15 min
Apple CEO Tim Cook visited China last week for his first visit of the year, amid a burgeoning trade war with the US. He met with officials in Beijing, stopped by a local Apple store and visited students in Hangzhou, among other events. The trip could serve as a case study in how multi-national corporations will navigate business across the Pacific. We explore how Apple's deep business ties in China may be impacted by upcoming reciprocal tariffs with Catherine Thorbecke, Bloomberg Opinion Columni...
Mar 31, 2025•21 min
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 US March jobs and a look at the potential impact of auto tariffs. • In the UK – an assessment of NATO's position amid growing global tensions. • In Asia – a preview of the Reserve Bank of Australia's next rate decision. See omnystudio.com/listener for privacy information.
Mar 28, 2025•38 min
On today's episode, we explore how concerns about the upcoming ‘reciprocal tariffs’ from the US and a widening trade war are weighing on investors’ appetite for risk. Willem Sels, Global CIO at HSBC Global Private Banking and Wealth, joins us from Hong Kong fresh off of HSBC's Global Investment Summit. Plus - a discussion on how trade risks are weighing on the Federal Reserve's fight against inflation. We speak with Gene Goldman, Chief Investment Officer at Cetera Financial Group. See omnystudio...
Mar 28, 2025•20 min
On today's episode, Asian equities declined at the open Thursday after President Donald Trump’s latest trade salvo scuppered demand for riskier investments. Shares of Toyota Motor Corp. and Hyundai Motor Co. were among automakers slumping in Asia after Trump unveiled a new 25% tariff on all automobiles imported into the United States. We speak with Mary Nicola, Bloomberg MLIV Strategist in Singapore. Plus - a look at how this expanding global trade war is being digested by Wall Street. Robert Sc...
Mar 27, 2025•20 min
On today's episode, we dissect the forces driving volatility in Chinese tech stocks. Despite the recent pullback in Chinese equities, some Wall Street investors remain bullish. Morgan Stanley strategists raised their 2025 year-end index targets for Chinese stock indexes, after seeing signs of fourth-quarter earnings beats. Similarly, strategists at Goldman Sachs expect more fundamental upside to the recent rally as more positive earnings revisions should be coming. We speak with Shuli Ren of Blo...
Mar 26, 2025•21 min
On today's episode, Federal Reserve Bank of Atlanta President Raphael Bostic says he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation. We unpack the reaction from Asian markets with Rahul Chadha, Chief Investment Officer at Shikhara Capital. He speaks with Bloomberg's Paul Allen in Sydney. Plus - Asian stocks rose after US equities had one of their best sessions of the year, fueled by signs that President Donald Trump's...
Mar 25, 2025•20 min
Stock Movers is a new, five-minute report on today's winners and losers in the stock market. Listen for analysis on the companies making news in markets. Listen on Apple : https://podcasts.apple.com/us/podcast/stock-movers/id1803209456 Listen on Spotify : https://open.spotify.com/show/1LhpIazkwQ9bSkxHsjknI8?si=1233c9c58f1e4e16&nd=1&dlsi=b25af9cebbca4895 Listen Anywhere : https://link.podtrac.com/h0zn7xir See omnystudio.com/listener for privacy information....
Mar 24, 2025•30 sec
On today's episode, we bring you a conversation with Australian Treasurer, Jim Chalmers. He warns that the new US administration's policies will have a "seismic" impact on the global economy. Chalmers speaks with Bloomberg's Ben Westcott ahead of the country's national budget on Tuesday. Plus - a look at how volatility is shaping the trading week ahead for global markets. Marc Nachmann, Global Head of Asset & Wealth Management at Goldman Sachs, speaks to Bloomberg's Haidi Stroud-Watts and Pa...
Mar 24, 2025•21 min
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 U.S CPI and PCE data, along with a look at the impact of tariffs on housing. In the UK – a preview of UK Chancellor Rachel Reeves’ spring statement. In Asia – a preview of Chinese EV Maker BYD’s earnings. See omnystudio.com/listener for privacy information.
Mar 21, 2025•39 min
On today's episode, Asia markets are cautious after equity market weakness in the US due to uncertainty around President Donald Trump's next trade war salvo. We speak to Olivier d'Assier, Head of Investment Decision Research, APAC at SimCorp. Plus, we take you to the world of digital currencies. Earlier today, President Trump reiterated support for stablecoin legislation, saying it will help expand the dollar's dominance. We speak to Peter Chung, Head of Research at Presto Research See omnystudi...
Mar 21, 2025•22 min
On today's episode, we explore the fallout of the Federal Reserve and the Bank of Japan decisions. The Fed held rates steady today. We speak to Mark Cranfield, Bloomberg MLIV Strategist. Plus- The Federal Reserve Chair Jerome Powell cited the potential for the impact of tariffs on inflation to be “transitory.” The jump in stocks, the biggest for any Fed day since July, follows a bruising four-week stretch in which the S&P 500 slid into a correction. We speak to Jamie Cox, Managing Partner at...
Mar 20, 2025•23 min
On today's episode, Peter McGuire, CEO at Trading.com Australia, gives us his outlook on what to expect from the Federal Reserve's decision tomorrow. Plus, the US equity market declined on signs investors are reducing exposure to US risk assets. We explore that with Rob Williams, Chief Investment Strategist at Sage Advisory. See omnystudio.com/listener for privacy information.
Mar 19, 2025•21 min
On today's episode, Asian stocks rose, driven by optimism about China's economy and US data that eased recession concerns and renewed bets on Chinese tech companies. We speak to Mark Konyn, Chief Investment Officer at AIA Group. Plus- US stocks closed higher in the Monday session -- despite weakness in some tech mega caps. For a look at the markets, we speak to Eric Sterner, Chief Investment Officer at Apollon Wealth Management. See omnystudio.com/listener for privacy information....
Mar 18, 2025•19 min
On today's episode, we discuss China's plan to revive consumption by boosting people's incomes. That is according to the official Xinhua News Agency. This is part of Beijing's plan that adds to recent pledges by the government to support demand in an economy threatened by President Donald Trump’s tariffs. We speak to Paul Dobson, Bloomberg's Executive Editor for Asia Markets Plus we take a look at how Trump's trade salvo will shape US markets with Joy Yang, Head of Index Product Management &...
Mar 17, 2025•20 min
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 decision and earnings from FedEx. In the UK – a preview of Morgan Stanley’s European Financials Conference. In Asia – a preview of Tencent earnings and the next BOJ decision. See omnystudio.com/listener for privacy information.
Mar 14, 2025•37 min
On today's episode, we track the trading action following the S&P 500 entering correction as President Trump's trade war escalates. We speak with Mary Nicola, Bloomberg MLIV Strategist in Singapore. Plus, a look at how Trump's policies on trade shape global markets. We speak to Sandi Bragar, Chief Client Officer at Aspiriant See omnystudio.com/listener for privacy information.
Mar 14, 2025•22 min
