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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Bloomberg Daybreak Weekend: Banks, CPI, SCOTUS, Spain

Bloomberg Daybreak Weekend: Banks, CPI, SCOTUS, Spain

Bloomberg Daybreak Weekend with Amy Morris takes a look at some of the stories we'll be tracking for you in the coming week including the fresh flood of bank earnings we're waiting for, plus the lates...

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China's Central Bank Signals No Major Stimulus & Hollywood Strike

China's Central Bank Signals No Major Stimulus & Hollywood Strike

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Epstein's Relationship With Staley & The High Cost Of Working From Home

Epstein's Relationship With Staley & The High Cost Of Working From Home

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Bloomberg investigates Jeffrey Epstein's relationship with the former Barclays CEO Jes Staley. (2) US Infla...

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UPDATE: The BoE Says High Rates Are Impacting Economy & London's Nervous High End Home Buyers

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Bank of England says higher rates are squeezing the UK economy but the financial system remains resilie...

12 Jul 202316min

The £2,300 Cost Of UK Inflation & London's Nervous High End Home Buyers

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Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Report says the average UK household will be £2,300 worse off by the time inflation eases next May. (2) NAT...

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UPDATE: UK Wage Growth Adds To BoE Pressure & London Bank Bonuses Plunged In 2022

UPDATE: UK Wage Growth Adds To BoE Pressure & London Bank Bonuses Plunged In 2022

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Wages rise by 7.3%, adding to the pressure on the BoE. (2) UK pension funds agree to pump billions into Bri...

11 Jul 202320min

UK Pensions To Be Invested In Startups & The Nasdaq Downsizes Mega Tech

UK Pensions To Be Invested In Startups & The Nasdaq Downsizes Mega Tech

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK pension funds agree to pump billions into British startups. (2) The BOE's Bailey says Inflation rate is ...

11 Jul 202316min

Biden Heads To London & The BBC Suspends A Leading Presenter

Biden Heads To London & The BBC Suspends A Leading Presenter

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Biden jets into London for talks with Sunak ahead of a crunch NATO meeting. (2) A cooling UK jobs market of...

10 Jul 202317min

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