Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.

1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance.

2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral.

3) In Asia: The Biden administration’s decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis marks an unusual concession to Beijing’s complaints over US trade restrictions.

4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year.

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Episoder(1044)

Starmer's City Support, Monaco Bankers Trial & Auto Strike Deal 'No-Go'

Starmer's City Support, Monaco Bankers Trial & Auto Strike Deal 'No-Go'

On today's podcast(1) Two-thirds of financial professionals believe a Labour-led government would be the best result for UK stocks and the pound. (2) Tenants are paying 12% more than a year ago for ne...

18 Sep 202315min

Bloomberg Daybreak Weekend: Central Bank Decisions

Bloomberg Daybreak Weekend: Central Bank Decisions

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 news from the Fed, Bank of Japan and the Bank of England. Plus, the...

16 Sep 202334min

Auto Workers Strike, Airport Redesign & iPhone Radiation

Auto Workers Strike, Airport Redesign & iPhone Radiation

On today's podcast:(1) A union representing 150,000 US auto workers goes on strike, hitting three of country's biggest carmakers. (2) Shares in the UK based chip designer Arm have climbed 25% after th...

15 Sep 202316min

Goldman Fires Execs,  A $1.5 Trillion Behemoth & May Talks China

Goldman Fires Execs, A $1.5 Trillion Behemoth & May Talks China

On today's podcast:(1) Goldman Sachs has fired several transaction banking executives over compliance lapses. (2) Citigroup is preparing for a wave of job cuts as the bank's CEO, Jane Fraser, looks to...

14 Sep 202316min

UPDATE: British GDP Shrinks &  A UK iPhone Price Cut

UPDATE: British GDP Shrinks & A UK iPhone Price Cut

On Today's Podcast(1) The UK economy shrank at the fastest pace in seven months in July, reviving fears that a recession may be under way. (2) BP's CEO Bernard Looney has resigned over failing to full...

13 Sep 202312min

BP CEO Quits, Apple Upgrades & A Yemen Rift

BP CEO Quits, Apple Upgrades & A Yemen Rift

On today's podcast(1) BP's CEO Bernard Looney has resigned over failing to fully disclose past relationships with colleagues. (2) Apple has launched a range of upgraded iPhones and raised the price of...

13 Sep 202316min

UPDATE: UK Jobs Market Weakens, JPMorgan CEO Slams Regulators & Apple's iPhone Launch

UPDATE: UK Jobs Market Weakens, JPMorgan CEO Slams Regulators & Apple's iPhone Launch

On today's podcast:(1) The portion of people out of work and looking for a job in the UK rose to 4.3% in the three months through July. (2) JP Morgan CEO Jamie Dimon calls for more 'more humility' fro...

12 Sep 202315min

Jamie Dimon Slams Regulators, The EU's Tech Enforcer & Apple's Big Day

Jamie Dimon Slams Regulators, The EU's Tech Enforcer & Apple's Big Day

On today's podcast:(1) JP Morgan CEO Jamie Dimon calls for more 'more humility' from regulators as he criticises their capital plans. (2) Apple gears up for a high-stakes iPhone launch as fears of a C...

12 Sep 202313min

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