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(1053)

Fed In Focus And Bonus Freeze At Credit Suisse

Fed In Focus And Bonus Freeze At Credit Suisse

Your morning briefing. The news you need in just 15 minutes. On today's podcast:(1) Jerome Powell to unveil the Fed's next move on rates after weeks of market turmoil. (2) The rescue of First Republic...

22 Mar 202324min

US Considers 100% Deposit Guarantee And Credit Suisse Bankers Flood Headhunters

US Considers 100% Deposit Guarantee And Credit Suisse Bankers Flood Headhunters

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The US looks at ways to guarantee all bank deposits if crisis deepens. (2) Liquidity-hungry banks tap a key US back...

21 Mar 202323min

IN DEPTH: UBS Shares Slump After Credit Suisse Takeover

IN DEPTH: UBS Shares Slump After Credit Suisse Takeover

Your morning briefing. The news you need to start your day.On today's special edition podcast: (1) UBS shares take a hit on news of the government-backed Credit Suisse takeover. (2) Swiss banking tie-...

20 Mar 202315min

UBS In Historic Credit Suisse Takeover To End Crisis Of Confidence

UBS In Historic Credit Suisse Takeover To End Crisis Of Confidence

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Troubled lender Credit Suisse is sold to rival UBS for $3.2 billion. (2) Swiss banking tie-up expected to lead to t...

20 Mar 202317min

Bloomberg Daybreak Weekend: A Week of Bank Chaos

Bloomberg Daybreak Weekend: A Week of Bank Chaos

This week...a special edition of the show. It's been an historic week in financial markets...marked by crisis in the banking industry.The meltdown of Silicon Valley Bank spread across the sector...tou...

18 Mar 202335min

First Republic Shored Up and Credit Suisse's Future

First Republic Shored Up and Credit Suisse's Future

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) First Republic gets $30 billion backing from eleven US banks. (2) Sources tell Bloomberg that Credit Suisse and UBS...

17 Mar 202317min

UPDATE: Credit Suisse Shares Go On A Wild Ride

UPDATE: Credit Suisse Shares Go On A Wild Ride

Your morning briefing. The news you need in just 15 minutes. .On today's podcast: (1) Credit Suisse shares open sharply up after yesterday’s massive sell off (2) Saudi National Bank's Chairman tries t...

16 Mar 202322min

Credit Suisse Taps $54 Billion of Central Bank Funding Amid Crisis Of Confidence

Credit Suisse Taps $54 Billion of Central Bank Funding Amid Crisis Of Confidence

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Credit Suisse taps up to $54 billion of central bank funding. (2) Financial stocks take a hammering as Credit Suiss...

16 Mar 202317min

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