India conducted targeted military strikes against Pakistan, which said it retaliated in expected tit-for-tat blows after a militant attack last month in Kashmir that killed 26 people. India said in a statement early Wednesday that it conducted “a precise and restrained response” that was “designed to be non-escalatory in nature.”
US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will travel to Switzerland for trade talks with China, the UK and US are in intensive discussions about an economic agreement to reduce tariffs and the UK and India agree on a trade deal.
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 Anna Edwards, Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – The Opening Trade
00:02:38 – China Economy Latest
00:05:32 – India, UK Trade Deal
00:07:43 – India-Pakistan Tensions
00:09:53 – Pakistan Says Indian Planes Shot Down
00:14:17 – Trump on Houthi Strikes
00:15:12 – Merz Becomes German Chancellor
00:17:27 – Fed Expected to Hold Rates
00:25:16 – Barcelona, Inter
00:27:20 – Trump Tariffs: Pandora CEO
00:41:28 – Trump Tariffs: Dollar Boosted
00:47:32 – Stocks to Watch: Shipping Stocks, Novo, BMW
01:05:13 – Novo Nordisk Cuts Guidance
01:08:06 – Heallthcare Stocks Down
01:13:07 – Trump Tariffs: UK-China Talks Confirmed
01:17:20 – Mark Carney meets Trump
01:24:30 – India, Pakistan Military Strikes
01:31:04 – CDU’s Merz Visits Paris, Warsaw
01:34:22 – Fed Cuts in 2025
——–
More on Bloomberg Television and Markets
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