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)

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

Sunak Suffers Election Blow & NatWest CEO Says Sorry To Farage

Sunak Suffers Election Blow & NatWest CEO Says Sorry To Farage

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Rishi Sunak suffers a double by-election blow but avoids a wipe out. (2) The CEO of NatWest says sorry to F...

21 Jul 202319min

Nigel Farage Talks Coutts & Apple Plays AI Catch Up

Nigel Farage Talks Coutts & Apple Plays AI Catch Up

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Nigel Farage speaks to us about Coutts bank's decision to close his accounts. (2) Tesla doubles down on its...

20 Jul 202316min

UPDATE: UK Inflation Cools & Hong Kong Sees 30% Pay Hikes

UPDATE: UK Inflation Cools & Hong Kong Sees 30% Pay Hikes

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Britain's inflation rate slowed more than expected in June. (2) Tata picks Britain for it's new battery pla...

19 Jul 202315min

Tata Picks UK For Gigafactory & Hong Kongs 30% Pay Hikes

Tata Picks UK For Gigafactory & Hong Kongs 30% Pay Hikes

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Tata picks Britain for it's new battery plant, we have exclusive reporting on what it means for the UK. (2)...

19 Jul 202315min

Food Prices Fall & Goldman's Yield Curve View

Food Prices Fall & Goldman's Yield Curve View

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Grocery Prices drop for the first time in three years as the UK braces for crunch inflation data. (2) Sunak...

18 Jul 202317min

China Growth Slows & Homes Under The Hammer

China Growth Slows & Homes Under The Hammer

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China's economy grows more slowly than expected as calls for stimulus grow. (2) Kemi Badenoch admits to the...

17 Jul 202316min

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