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(1043)

Goldman's Office Working Push & Former JP Morgan Traders Jailed

Goldman's Office Working Push & Former JP Morgan Traders Jailed

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Goldman clamps down on working from home as data suggests more than one-third of all office desks are unoccu...

23 Aug 202316min

CMA Chief Talks New Microsoft-Activision Deal

CMA Chief Talks New Microsoft-Activision Deal

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) CMA Chief Executive Sarah Cardell joins to discuss Microsoft's new submission for its Activision bid(2) The ...

22 Aug 202314min

Arm Aims For A Blockbuster IPO & Reports Of Musk-Putin Call

Arm Aims For A Blockbuster IPO & Reports Of Musk-Putin Call

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The UK-based tech giant Arm has filed to list its shares on the Nasdaq, in what's set to become the biggest ...

22 Aug 202315min

China Holds Back On Stimulus & Ukraine To Get F-16 Fighter Jets

China Holds Back On Stimulus & Ukraine To Get F-16 Fighter Jets

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Chinese banks have made a smaller-than-expected cut to their benchmark lending rate. (2) The Netherlands an...

21 Aug 202316min

Bloomberg Daybreak Weekend: Jackson Hole, China, Debate

Bloomberg Daybreak Weekend: Jackson Hole, China, Debate

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 at the Fed's annual meeting in Jackson Hole. Plus, London ho...

19 Aug 202335min

China Property Crunch & Goldman's Hiring Spree

China Property Crunch & Goldman's Hiring Spree

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China's state-owned developers warn of major losses as fears of contagion grow. (2) Bank of America strateg...

18 Aug 202316min

Fed Divisions & £5m Homes On Discount

Fed Divisions & £5m Homes On Discount

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Fed officials suggest inflationary risks may drive further interest rate hikes. (2) China's housing slump i...

17 Aug 202316min

UPDATE: UK Inflation Runs Hot & Muslims Lives Ruined By Debanking

UPDATE: UK Inflation Runs Hot & Muslims Lives Ruined By Debanking

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Higher than expected UK inflation has traders once again betting the Bank of England will hike rates to 6%....

16 Aug 202323min

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