The euro-area economy got an unexpectedly strong boost from the Paris Olympics, which propelled private-sector growth to the fastest pace in three months. We bring you the key numbers and figure out if they put another ECB cut in September on the table. Central Bankers from around the world arrive in Wyoming for for Day 1 of Jackson Hole conference. Bloomberg will be speaking to many of them. Tim Walz accepts the Democratic party’s Vice Presidential nomination on the 3rd night of the DNC in Chicago. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – Intro
00:00:01 – The Agenda: Tim Walz Accepts VP Pick, Euro PMIs, Jackson Hole
00:13:56 – Jefferies’ Mohit Kumar on September Fed Rate Cuts
00:23:44 – Scholz: Will Support Kyiv As Long As Necessary
00:48:46 – European Open
01:10:03 – Deutsche Bank See €430M Gain on Postbank
01:14:50 – Gemrmany August PMI’s Drive by French PMIs, ING’s Brzeski on German Optimism
01:28:13 – ECDC Chief: New Mpox Strain Not COVID
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