US equities rise after smartphones, computers and semiconductors got an exemption from the Trump administration’s so-called reciprocal 125% tariff rate on China. Chinese President Xi Jinping lands in Vietnam ahead of visits to Cambodia and Malaysia, after China called on more mutual respect from the US. Blackrock’s Wei Li highlights quickly falling sentiment data, despite harder economic data continuing to hold up. Kelsey Berro of JPMorgan says credit is available in the market right now, but the rising cost may put off companies. Mathias Döpfner, CEO of Axel Springer says the US should strike a transatlantic agreement with the European Union in order to increase its leverage in negotiations with China.“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
Chapters:
00:00:01 – Intro
00:01:36 – First Look Movers
00:03:25 – Wei Li, BlackRock Global Chief Investment Strategist
00:09:59 – Trending on the Terminal
00:22:50 – First Look Movers
00:24:25 – Kelsey Berro, JPMorgan Asset Management Executive Director of Fixed Income
00:35:00 – Mathias Döpfner, Axel Springer CEO
00:42:17 – What to Watch
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