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 the IMF and World Bank meetings, and U.S Retail sales. In the UK – a look at German Chancellor Olaf Scholz’s visit to China. In Asia - a look at a slew of China economic data, including GDP, Industrial production and retail sales See omnystudio.com/listener for privacy information....
Apr 13, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Morgan Stanley shares fell the most in five months after a report that a cadre of US regulators are scrutinising the firm’s efforts to prevent potential money laundering by wealthy clients. (2) The European Central Bank held interest rates steady for a fifth meeting, while sending its clearest signal yet that cooling inflation will soon allow it to commence cuts. (3) The UK economy grew for a second mon...
Apr 12, 2024•22 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Investors are signaling the Federal Reserve will cut interest rates just twice this year, starting in September, after a fresh round of hot inflation sent Treasury yields soaring to 2024 highs. (2) Traders pared bets on European Central Bank interest-rate cuts after US inflation topped forecasts, with markets now turning their attention to President Christine Lagarde’s remarks on Thursday. (3) The US an...
Apr 11, 2024•18 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Today's CPI data is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts, with forecasters expecting some moderation following elevated inflation readings at the start of the year. (2) Fitch Ratings has revised China's outlook to negative from stable, saying the government is likely to pile on debt as it seeks to pull the economy out of a real estate-driven slowdown. (3)...
Apr 10, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) A new era of global rearmament is gathering pace, and it will mean vast costs and some tough decisions for western governments already struggling with shaky public finances. (2) More UK firms are tipped to be takeover targets this year as rock-bottom valuations spark an M&A boom among the country’s stocks. (3) Former Federal Reserve Bank of St. Louis President James Bullard said he’s expecting three ...
Apr 09, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Robert Stheeman, the bond market whisperer who raised £3 trillion for Britain warns liquidity is paramount as governments splurge on debt. (2) Ben Bernanke, the former Fed chair, is expected this week to suggest the Bank of England adopt a new innovation, a flexible set of "scenarios", in a bid to update its forecasting process and repair its battered reputation. (3) The European Banking Federation says...
Apr 08, 2024•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 U.S CPI data and bank earnings. In the UK – a look at next week’s ECB meeting and rate decision. In Asia - a preview of China inflation data. See omnystudio.com/listener for privacy information.
Apr 06, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Speaking Exclusively to Blooomberg Argentina's President Javier Milei says he won't touch existing trade agreements with Beijing. (2) Federal Reserve Bank of Minneapolis President Neel Kashkari said interest-rate cuts may not be needed this year if progress on inflation stalls, especially if the economy remains robust. (3) President Joe Biden told Israeli Prime Minister Benjamin Netanyahu that US suppor...
Apr 05, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Chair Jerome Powell signaled policymakers will wait for clearer signs of lower inflation before cutting interest rates, even though a recent bump in prices didn't alter their broader trajectory. (2) President Joe Biden is scheduled to speak with Israeli Prime Minister Benjamin Netanyahu by phone on Thursday, as tensions between the two leaders deepen after the death of seven aid workers ...
Apr 04, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Taiwan's strongest earthquake in a quarter of a century leveled dozens of buildings on the eastern side of the island, reportedly killing at least four people and disrupting some chip production lines. (2) President Joe Biden said Israel hadn't done enough to protect civilians after the death of seven aid workers, in some of his sternest criticism yet of the country's conduct in the months since it laun...
Apr 03, 2024•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) An Israeli airstrike on Iran's embassy compound in Syria killed a number of people including a top military commander, Iranian and Syrian state media said, stoking tensions between the longtime adversaries. (2) Bond traders priced in less monetary-policy easing by the Federal Reserve this year — and briefly set the odds of a first move in June below 50% — after a gauge of US manufacturing activity showe...
Apr 02, 2024•17 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 the March jobs report and Disney’s annual meeting of shareholders. In the UK - a preview of European core inflation data. In Asia – a look at a potential TikTok ban in the U.S, and a preview of China PMI data. See omnystudio.com/listener for privacy information....
Mar 30, 2024•38 min
Bloomberg's Nathan Hager and Michael McKee discuss the latest PCE data and reaction from Fed Chair Jerome Powell. Plus, reaction from Wells Fargo Senior Economist Sarah House. See omnystudio.com/listener for privacy information.
Mar 29, 2024•16 min
Bloomberg's Nathan Hager breaks down the latest PCE data with Bloomberg Economics and Policy Editor Michael McKee. Plus, reaction to the data from Tom Porcelli, Chief US Economist at PGIM Fixed Income, and Wells Fargo Senior Economist Sarah House. See omnystudio.com/listener for privacy information.
Mar 29, 2024•30 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Governor Christopher Waller said there is no rush to lower interest rates, emphasizing that recent economic data warrants delaying or reducing the number of cuts seen this year. (2) JP Morgan's chief global equity strategist warned clients on Wednesday that they could be “stuck on the wrong side” of the momentum trade when it eventually falters, and he encouraged them to consider diversi...
Mar 28, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The 1.6 mile-long Baltimore bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks. (2) Japan stepped closer to currency intervention with its strongest warning yet as the yen slid to the weakest level in about 34 years against the dollar. (3) As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current governme...
Mar 27, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A Bloomberg News investigation identified wide-spanning examples of Starlink kits being traded and activated illegally. How they are smuggled and the sheer availability of Starlink on the black market suggests that its misuse is a systemic global problem, raising questions about the company’s control of a system with clear national security dimensions. (2) Traders are betting the Bank of England could b...
Mar 26, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Russian authorities showed footage of four men charged in court with carrying out the deadly Moscow concert hall attack after interrogations that traced their origins to Tajikistan. (2) French authorities have raised their security alert level to the maximum following the deadly Friday attack in a Moscow concert hall. (3) Bond traders are cautiously reloading wagers that burned them just weeks ago as th...
Mar 25, 2024•17 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 PCE and GDP data, and a look ahead to Carnival earnings. In the UK - a look at challenges for Europe’s chocolate industry ahead of Easter. In Asia - a preview of BYD and China bank earnings. See omnystudio.com/listener for privacy information....
Mar 23, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Regulators on both sides of the Atlantic are training their eyes on Apple Inc., unnerving investors with fears over fines and threatening its market dominance. Shares of the company slid 4.1% Thursday, erasing about $113 billion in market value and taking their year-to-date loss back to 11%. (2) The Bank of England has laid the groundwork for a shift to rate cuts after one of the sharpest turnarounds in...
Mar 22, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve officials maintained their outlook for three interest-rate cuts this year and moved toward slowing the pace of reducing their bond holdings, suggesting they aren’t alarmed by a recent uptick in inflation. (2) The Bank of England is likely to keep interest rates at a 16-year high, giving more time for inflationary pressures to cool before it loosens up on the quickest tightening cycle in ...
Mar 21, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Wall Street traders gearing up for the Federal Reserve decision sent stocks to fresh all-time highs amid gains in several big techs. (2) The likelihood that central banks are about to embark upon the most synchronized reduction of interest rates since 2008 looks set to support the dollar in its nascent rebound. (3) Mohsin and Zuber Issa turbocharged their retail empire in the easy-money era of the past ...
Mar 20, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Bank of Japan ended the most aggressive monetary stimulus program in modern history, scrapping the world's last negative interest rate while keeping financial conditions easy for now — a dovish tone that weakened the yen after the widely expected decision. (2) Nvidia CEO Jensen Huang showed off new chips aimed at extending his company's dominance of artificial intelligence computing, a position that...
Mar 19, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Apple is in talks to build Google's Gemini artificial intelligence engine into the iPhone, according to people familiar with the situation, setting the stage for a blockbuster agreement that would shake up the AI industry. (2) A defiant Vladimir Putin says Russia won't be stopped from pursuing its goals after he swept to a record victory in a presidential election whose outcome was pre-determined (3)Ban...
Mar 18, 2024•15 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 Nike earnings. In the UK - a preview of the UK’s next rate decision. In Asia - a look ahead at the RBA’s next monetary policy decision & Tencent earnings. See omnystudio.com/listener for privacy information.
Mar 16, 2024•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) French President Emmanuel Macron warned that the European Union would face an “existential” threat of a Russian invasion unless Vladimir Putin’s forces are defeated in Ukraine. (2) The European Central Bank has succeeded in taming inflation without causing an economic downturn, according to Governing Council member Yannis Stournaras. (3) Prime Minister Rishi Sunak ruled out a UK general election on May ...
Mar 15, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: Ukrainian drone attacks halted three oil refineries deep within Russian territory in an assault President Vladimir Putin said was aimed at disrupting his presidential election later this week. Dutch election winner Geert Wilders has dropped his bid to become prime minister, after months of coalition talks following his shock win in November. Rishi Sunak's government plans to ban foreign states from controll...
Mar 14, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump has clinched the Republican presidential nomination, capping off a stunning political comeback fueled by grievance and vengeance and formally entering what's poised to be the longest and costliest general election in recent memory. (2) Polish President Andrzej Duda said Russian President Vladimir Putin will attack other states if the Kremlin wins its war in Ukraine as he sought to convince ...
Mar 13, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Rupert Murdoch's News Corp and the owner of the Daily Mail have held talks about a potential joint takeover of the Telegraph, alongside the UAE-backed investment fund RedBird IMI, people familiar with the matter said. (2) Jamie Dimon said he wouldn't take the prospect of a recession in the US "off the table," but that the Federal Reserve should wait before it cuts interest rates. (3) The European Centra...
Mar 12, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Joe Biden warned Israel against an invasion of the city of Rafah in southern Gaza as cease-fire talks between Israel and Hamas remained deadlocked at the beginning of Ramadan. (2) Job vacancies in England have fallen to their lowest in more than three years, reducing the hope that the UK economy will bounce back strongly from the recession that hit last year. (3) Before the cart, or even th...
Mar 11, 2024•16 min
