UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40

UPDATE: UK Wage Growth Jumps, US Bank Outflows And Blackrock Shuns The 60/40

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) UK Wage Growth leaves the BOE with an inflationary headache.

(2) China's economy bounces back as consumers splash the cash.

(3) Deposit outflows top $60bn at key US lenders as customers hunt for better returns.

(4) Apple teams up with Goldman to offer market-leading savings rates.

(5) Blackrock advises investors to ditch the 60/40 portfolio to navigate higher interest rates.

See omnystudio.com/listener for privacy information.

Episoder(1048)

Bloomberg Daybreak Weekend: Big Tech, BOE, 2024 Race

Bloomberg Daybreak Weekend: Big Tech, BOE, 2024 Race

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week, including a look ahead at more big tech earnings, the Bank of England's next...

29 Jul 202335min

UPDATE: Bank of Japan Jolts Markets, German Economy Stagnates

UPDATE: Bank of Japan Jolts Markets, German Economy Stagnates

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Governor Kazuo Ueda rocks markets with yield curve changes. (2) Germany exits winter recession, as ECB mull...

28 Jul 202313min

Bank of Japan Jolts Markets, While NatWest Simmers

Bank of Japan Jolts Markets, While NatWest Simmers

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Bank of Japan tightens monetary policy by loosening its grip on bond yields. (2) NatWest earnings out t...

28 Jul 202316min

Chancellor's Advisers Warn Of Rate Hike Risks And Fed Drops Recession Forecast

Chancellor's Advisers Warn Of Rate Hike Risks And Fed Drops Recession Forecast

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) SCOOP: Jeremy Hunt's economic advisers worry the Bank of England risks hiking too far. (2) The Fed raises r...

27 Jul 202314min

Natwest CEO Quits Over Farage Account Row, And European Bank Earnings Beat Expectations

Natwest CEO Quits Over Farage Account Row, And European Bank Earnings Beat Expectations

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Alison Rose exits NatWest after a political storm over the closure of former politician Nigel Farage's acco...

26 Jul 202314min

UBS Picks Up $387 Million Credit Suisse Bill & Chinese Shares Surge

UBS Picks Up $387 Million Credit Suisse Bill & Chinese Shares Surge

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UBS agrees to pay $387 million in fines for Credit Suisse's past misconduct. (2) Chinese shares soar on sig...

25 Jul 202316min

Political Limbo in Spain & Elon Musk's Favorite Letter

Political Limbo in Spain & Elon Musk's Favorite Letter

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Surprise Spanish election result leaves no clear path to a new government. (2) Bank earnings season starts ...

24 Jul 202316min

Bloomberg Daybreak Weekend: Fed, BoJ, UK Banks

Bloomberg Daybreak Weekend: Fed, BoJ, UK Banks

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including the FOMC meeting, decision day for the Bank of Japan, an unusual st...

22 Jul 202335min

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