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(1042)

HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop

HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop

HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) HSBC plans to buy back up to $2 billion of stock afte...

1 Aug 202317min

Bank of Japan Intervenes To Smooth Yields, and China's Stimulus Speculation

Bank of Japan Intervenes To Smooth Yields, and China's Stimulus Speculation

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Bank of Japan steps into the bond market, using its new rules to influence rates. (2) Weak economic dat...

31 Jul 202316min

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

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