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(1039)

Daybreak Weekend: Jobs Report, European Banking, China's Technology Battle

Daybreak Weekend: Jobs Report, European Banking, China's Technology Battle

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the August jobs report and earnings from Salesforce...

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No Putin-Zelenskiy Meeting, Waller Sees Sept Cut,  Reform Lures Lobbyists

No Putin-Zelenskiy Meeting, Waller Sees Sept Cut, Reform Lures Lobbyists

Your morning briefing, the business news you need in just 15 minutesOn today's podcast:(1) German Chancellor Friedrich Merz says a meeting between Ukrainian President Volodymyr Zelenskiy and Russia’s ...

29 Aug 202520min

Nvidia Underwhelms, $1.5 Trillion on Defense, Europe Warms To EV’s

Nvidia Underwhelms, $1.5 Trillion on Defense, Europe Warms To EV’s

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia, the world’s most valuable company, gave a tepid revenue forecast for the current period, signaling...

28 Aug 202521min

Fed’s Cook Vs Trump, Bond Surge Pressures France & UK, Data Crisis Deepens

Fed’s Cook Vs Trump, Bond Surge Pressures France & UK, Data Crisis Deepens

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump said he was prepared for a legal fight with Federal Reserve Governor Lisa Cook after ...

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Trump Says He's Firing Fed’s Cook, France Selloff, EU Tariff Struggles

Trump Says He's Firing Fed’s Cook, France Selloff, EU Tariff Struggles

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump moved to oust Federal Reserve Governor Lisa Cook from her post at the US central bank...

26 Aug 202521min

Daybreak Weekend: Nvidia Earnings, Medef Conference, BOK Decision

Daybreak Weekend: Nvidia Earnings, Medef Conference, BOK Decision

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to personal spending data and earnings from Nvidia. In...

22 Aug 202538min

Private Credit Fears, All Eyes On Powell, Germans Embrace Stocks

Private Credit Fears, All Eyes On Powell, Germans Embrace Stocks

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Warnings on defaults are starting to pile up in the $1.7 trillion private credit market, prompting at leas...

22 Aug 202517min

Fed's Cook Won't Be 'Bullied', Possible UK Home Tax, Vape Ban Failings 

Fed's Cook Won't Be 'Bullied', Possible UK Home Tax, Vape Ban Failings 

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Governor Lisa Cook signaled her intention to remain at the central bank, defying calls for...

21 Aug 202517min

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