Los Angeles plunged into its worst natural disaster in decades as wildfires killed at least five people and forced more than 100,000 residents to flee. The pound dropped to a more than one-year low, stocks fell and gilts extended a fourth day of losses on concern the UK Labour government will struggle to keep the deficit in check as borrowing costs surge. 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, Kriti Gupta and Lizzy Burden.
Chapters:
00:01:28 – The Agenda: Hollywood Hills Fire, UK Selloff, China Inflation
00:08:52 – Jimmy Carter State Funeral Today
00:10:52 – US Dockworkers Reach Deal to Avoid Strike
00:11:22 – LA Fires Force More Than 100K to Evacuate
00:14:51 – Pound Rout Continues as Gilts Slides
00:24:01 – IPS’ Carl Emmerson on UK Spending Cuts Over Take Hikes
00:37:43 – UK 30-Yr Yield at Highest Level Since ’98
00:45:32 – European Market Open
01:03:09 – Tesco, M&S Report Earnings
01:11:37 – Joe Biden to Limit Nvidia Chip Exports
01:15:20 – DAMAC’s $20B Investment on AI Data Centers
01:25:45 – Regulatory Landscape Under Trump
01:33:48 – US National Mourning for Jimmy Carter
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
