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(1041)

Daybreak Weekend: Fed Decision, Scotland Trip, China PMI

Daybreak Weekend: Fed Decision, Scotland Trip, China PMI

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‘Flood the Zone’ Fed Attacks, Citi Exec Gaza Post, Africa Luxury Travel Boom

‘Flood the Zone’ Fed Attacks, Citi Exec Gaza Post, Africa Luxury Travel Boom

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Federal Reserve Chair Jerome Powell is smack in the middle of one of President Donald Trump’s preferred atta...

25 Jul 202516min

15% EU Tariff ‘Progress’, UK-India Trade Deal, Trader Convictions At Risk

15% EU Tariff ‘Progress’, UK-India Trade Deal, Trader Convictions At Risk

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The European Union and the US are progressing toward an agreement that would set a 15% tariff for most imp...

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US-Japan 15% Tariff Deal, Nuclear Security Hack, China’s EU Investment 

US-Japan 15% Tariff Deal, Nuclear Security Hack, China’s EU Investment 

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump reached a trade deal with Japan that will impose 15% tariffs on US imports from the...

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 Stock Rally Keeps Rolling, Latest ETF Tax Trick, Digital Pound Scepticism

Stock Rally Keeps Rolling, Latest ETF Tax Trick, Digital Pound Scepticism

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A cohort of the world’s largest asset managers is leaning harder into the rally in risk assets as US stocks ...

22 Jul 202517min

EU Plans For No Deal, $2 Trillion GDP Hit , Musk’s Empire Creaks

EU Plans For No Deal, $2 Trillion GDP Hit , Musk’s Empire Creaks

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) European Union envoys are set to meet as early as this week to formulate a plan for measures to respond to a...

21 Jul 202517min

Daybreak Weekend:  Tesla Earnings, ECB Decision, Japan Election

Daybreak Weekend: Tesla Earnings, ECB Decision, Japan Election

Bloomberg Daybreak Weekend with 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 housing data and earnings from Tesla. In the UK – a look...

18 Jul 202539min

 Waller Backs Fed Cut Now, 1000% Return BOE Bet, Looking For G-20 Friends

Waller Backs Fed Cut Now, 1000% Return BOE Bet, Looking For G-20 Friends

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to supp...

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