Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
AI optimism, strong corporate earnings and a resilient economy have powered stocks to successive record highs, driven by bets that spending on artificial intelligence will continue to fuel growth. The rally has also overshadowed mounting concerns that crude oil above $100 a barrel could reignite inflation and cloud the outlook for central banks and the global economy. We speak to Mark Cudmore, Global Leader of the Markets Live Team at Bloomberg News. Plus - Jamieson Greer, Trade Representative o...
US equity-index futures advanced as traders bet the record-breaking rally driven by enthusiasm for the artificial intelligence trade has further room to run. The gains in equities masked worries about inflation that have driven bets the Federal Reserve will raise interest rates next year. Treasuries broadly held their losses with yields on benchmark 10-year holding near the highest since July and 30-year yields trading above 5%. Investors have sold government bonds after back-to-back US inflatio...
It should not be surprising that war in Iran is producing higher inflation in the US. There was higher gasoline in grocery prices sending headline CPI up last month at an annual rate of 3.8%, and that news in turn sent US treasury yields higher right across the curve. This fueled speculation that the Federal Reserve will raise interest rates next year, and bonds fell, with the 30-year yield rising to 5.03%. We heard from David Savage, Bloomberg's MLIV Strategist. Plus - President Donald Trump is...
Asian stocks edged up 0.4% to near their record as traders stayed bullish on the AI trade. Meantime, crude oil gained and bonds dropped after President Donald Trump cast doubts over the ceasefire with Iran, prolonging the closure of the Strait of Hormuz and keeping energy prices elevated. We heard from Colin Purdie, Manulife Investment Management Global CIO of Public Markets. He spoke to Bloomberg's Paul Allen and Avril Hong. Plus - Australian Treasurer Jim Chalmers aims to deliver a budget that...
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI, PPI, and Retail sales data, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to the annual Cannes film festival. In Asia – a look ahead to US Treasury Secretary Scott Bessent's Trip to Japan. See omnystudio.com/listener for privacy information....
Business and finance news from the Asia-Pacific. Expectations surrounding the upcoming summit between Chinese President Xi Jinping and US President Donald Trump are intensifying as it approaches. Yet, despite the heightened geopolitical stakes tied to the ongoing conflict in the Middle East, analysts and markets largely anticipate a non-event — assuming the meeting takes place at all. The two leaders are slated to meet in Beijing from May 14-15 for what is being framed as a high-stakes summit, w...
Business and finance news from the Asia-Pacific. Asian equities climbed to a record, powered by a rally in Japanese stocks on their return from a break, as optimism grew that the US and Iran were nearing a deal to end the conflict that had rattled markets and clouded the economic outlook. Easing tensions in the Middle East have helped global equities erase war-driven losses and push to fresh highs, as falling oil prices eased inflation concerns and revived momentum in the artificial intelligence...
Business and finance news from the Asia-Pacific. Stocks climbed to a record after President Donald Trump signaled progress toward a final agreement with Iran, adding fresh momentum to markets already buoyed by a rally in technology shares. Crude oil declined. We spoke to David Finnerty, Bloomberg's FX and Rate Strategist. President Donald Trump said he would pause a US-led effort to help stranded ships exit the Strait of Hormuz to see if an agreement with Iran to end the war could be reached. "P...
Business and finance news from the Asia-Pacific. Crude oil held its gains as the US and Iran exchanged fire, jolting a four-week-old ceasefire and raising concerns that Middle East tensions could escalate again. Brent edged 0.5% lower to just under $114 a barrel at the open Tuesday as escalating tensions around the Strait of Hormuz raised fears about high energy prices and global inflation. Australian shares opened lower, with markets closed in Japan, South Korea and mainland China. US equity-in...
Business and finance news from the Asia-Pacific. Markets opened on an optimistic note after President Donald Trump said the US will begin guiding ships not involved in the Iran conflict through the Strait of Hormuz from Monday. However, a senior Iranian official warned that Tehran would consider any US interference in the Strait a ceasefire breach, according to an AFP report. For more on the markets, we heard from Dilin Wu, Pepperstone Research Strategist speaking to Bloomberg's Haidi Stroud-Wat...
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the April jobs report in the U.S and a focus on 3 stocks for the week ahead. In the UK – a look ahead to the UK’s Midterm local elections. In Asia – a look ahead to the next RBA Decision. See omnystudio.com/listener for privacy information.
US equity futures rose, reversing earlier declines, helped along by late-market gains in Alphabet Inc. and Amazon.com Inc. Meanwhile, Meta Platforms Inc. shares slid in post-market trading alongside Microsoft Corp., keeping alive lingering concerns over artificial intelligence spending. We heard from Maribel Lopez, Lopez Research Founder and Principal Analyst. She spoke to Bloomberg's Shery Ahn and Haidi Stroud-Watts. Plus - Federal Reserve officials left interest rates unchanged, but revealed a...
Bloomberg's Tom Keene and Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve Chair Jerome Powell said he’ll remain at the central bank as a governor after his term as chair ends. “After my term as chair ends on May 15, I will continue to serve as a governor for a period of time to be determined,” Powell said Wednesday at a press conference. While Powell...
Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty caused by the conflict in the Middle East.Four officials voted against the decision, including three who objected to language in their post-meeting statement that suggested the central bank wo...
The United Arab Emirates will leave OPEC next month, in a significant blow to the group that raises questions about its future at a time when the industry is grappling with the massive supply disruption caused by the Iran war. We heard from Hartmut Issel, UBS Wealth Management Head of APAC Equities and Credit speaking to Bloomberg's Shery Ahn and Haidi Stroud-Watts And - Japanese electronic components maker TDK posted 4th quarter sales and operating profit that beat consensus, but the full year ...
In Singapore, business leaders are gathering in Singapore today for a Bank of America conference focused on technology. Front and center are the fallout from the Iran war and where AI investments are headed. Bernard Mensah, President of International for Bank of America spoke to Bloomberg's Haslinda Amin at the event. And - Asian stocks held near their highest level since late February as traders awaited the next catalyst in the Middle East and central bank decisions. Meantime, CLSA has released...
Crude oil pared gains and Asian stocks extended advances after a report said Iran offered the US a new proposal to reopen the Strait of Hormuz, lifting sentiment after efforts to restart talks stalled. We spoke about the markets with Jasmine Duan, Senior Investment Strategist at RBC Wealth Management Asia, speaking with Bloomberg's Haidi Stroud-Watts and Shery Ahn And - South Korean Trade Minister Yeo Han-koo speaks with Bloomberg's Shery Ahn on The Asia Trade on reducing dependence on the Middl...
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – we preview the Federal Reserve's rate decision and big tech earnings In the UK – we look ahead to the Bank of England's upcoming rate decision In Asia – we discuss the Golden Week holiday in Japan See omnystudio.com/listener for privacy information.
Intel gave a strong sales forecast for the current period, signaling that the struggling chipmaker is finally beginning to benefit from the giant build-out of artificial intelligence infrastructure. Revenue will be $13.8 billion to $14.8 billion in the quarter ending in June, the company said Thursday in a statement. Analysts, on average, estimated $13 billion, according to data compiled by Bloomberg. Earnings, excluding some items, will be about 20 cents a share, compared with a Wall Street pre...
Business and finance news from the Asia-Pacific. Stocks and crude oil swung at the open in a nervous start to trading in Asia, as lingering concerns about the war in Iran clashed with strong corporate earnings that are helping steady investor sentiment. We spoke to Mark Cranfield, Bloomberg's MLIV Strategist. Plus - SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex "significantly" this year, underscoring surging prices of memory chips that u...
Business and finance news from the Asia-Pacific. US equity-index futures climbed and the dollar edged lower after President Donald Trump said he would extend the ceasefire with Iran, spurring cautious optimism among investors. For more on the markets, we spoke to Paul Dobson, Bloomberg's Executive Editor for Asia Markets. And, for more analysis on the extended Iran truce, we turn to Jessica Genauer, Academic Director of the Public Policy Institute at the University of New South Wales. She spoke ...
Business and finance news from the Asia-Pacific. Asian stocks edged higher as signs Iran may join talks with the US fostered cautious optimism about progress in the Middle East ahead of a looming ceasefire deadline. Oil dropped. We spoke to Patrick Kennedy, Founder & Managing Partner, AllSource Investment Management. Plus - Apple Inc. Chief Executive Officer Tim Cook will hand the reins to hardware boss John Ternus later this year, capping a 15-year tenure that turned the company into a $4 t...
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – we preview Tesla earnings and Kevin Warsh's trip to Capitol Hill In the UK – we look ahead to first quarter European earnings amidst broader headwinds In Asia – how the war in Iran is impacting Japanese inflation. See omnystudio.com/listener for privacy information.
Business and finance news from the Asia-Pacific. Asian stocks fell as investors lightened their positions ahead of the weekend while awaiting progress on extending the US-Iran ceasefire, after a rally driven by expectations the truce would be prolonged. We spoke to Winnie Hsu, Bloomberg's Asia Equities Reporter. Plus - President Donald Trump struck an optimistic tone for prospects that the US and Iran could clinch a permanent ceasefire as the two sides discuss an extended truce ahead of its expi...
Business and finance news from the Asia-Pacific. Asian stocks tracked Wall Street higher as optimism around a potential US-Iran ceasefire and robust corporate earnings buoyed sentiment. The MSCI Asia Pacific Index opened 0.4% higher on Thursday as traders bet a de-escalation of the Middle East conflict will ease oil prices and lift economic growth. That was after the S&P 500 and Nasdaq 100 indexes both closed at record highs, with Bank of America Corp. and Morgan Stanley leading financials h...
The episode first examines the widespread economic effects of the Strait of Hormuz blockade, discussing its impact on oil, LNG, and other industrial inputs, and how companies are using AI to manage supply chain risks. It then shifts to the banking sector, addressing concerns about private credit and historical parallels. Finally, the discussion moves to geopolitical tensions, detailing the US-Iran peace talks, significant negotiation gaps, the role of third parties, and the persistent challenge of Iranian proxies like Hezbollah in regional stability.
Business and finance news from the Asia-Pacific. Asian stocks advanced as interest in artificial intelligence shares resurfaced, with Middle East tensions appearing to ease after President Donald Trump raised hopes for talks with Iran. Oil fell. Helping sentiment, Brent crude fell 1.5% to $97.85 a barrel on signs Washington and Tehran may revive peace talks following the start of a US blockade of the Strait of Hormuz. For more on the oil story, we spoke to Stephen Stapczynski, Bloomberg's Asia E...
Bloomberg Daybreak Weekend offers a global look at the week's top stories, including a deep dive into Netflix's upcoming earnings, its pricing strategy, and evolving content plans after the Warner Bros. deal fell through. The program also previews earnings from Wall Street's biggest banks, focusing on JP Morgan, Wells Fargo, and Citigroup, and the broader economic outlook impacting them. Furthermore, it explores Hungary's critical election, the challenge to Victor Orban's long-standing rule, and the EU's perspective on the country's political direction. Finally, the episode examines Spanish Prime Minister Pedro Sanchez's significant visit to China, highlighting strengthening economic ties, Spain's independent stance from the US, and the potential domestic and European implications of this relationship. It concludes with an update on New Zealand's central bank interest rate decision amidst inflation concerns.
Business and finance news from the Asia-Pacific. Asian stocks rose as investors positioned ahead of US-Iran ceasefire talks scheduled to take place in Pakistan this weekend. Traders are watching the shaky ceasefire and planned US-Iran talks for clues on the market's next move, with sustaining the rally depending on confidence that the truce holds and oil flows smoothly through the Strait of Hormuz. We spoke to Lianting Tu, Managing Editor for Asia Equities. And for more analysis on the US-Iran t...
South Korea could draw up another extra budget in the second half if crude oil disruption caused by the Iran war is prolonged. For more on how this affects the growth story in the tech sector, we spoke to Simon Woo, head of Korea research and head of APAC Technology coordinator at Bank of America Global Research. Plus - The White House announced the US would hold direct talks with Iran even as continued fighting in the Middle East, punctuated by Israeli strikes in Lebanon, threatened to derail t...
