Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
On today’s show, the US President hinted that he may name the next Fed Chair as soon as September or October, even though Jerome Powell’s term doesn’t end until May 2026. The dollar fell and Treasuries rose as traders bet on lower US interest rates.
Meanwhile. tech stocks got a boost after Nvidia hit an all-time high, reclaiming its place as the world’s most valuable company on renewed confidence that the AI boom has further to run.
Plus, Donald Trump says the US and Iran will hold talks next week, and a deal on Gaza is "very close".
Today’s guests: Eléonore Crespo, Pigment, Co-Founder & Co-CEO.
Chapters:
00:00:00 – Daybreak: Europe
00:02:35 – Hong Kong Intervenes to Defend FX Peg as Local Currency Drops
00:03:50 – Asian Chip Stocks Rise After Nvidia’s Record High
00:04:55 – Markets Weigh Trump Comments on Replacing Powell
00:06:07 – Trump May Pick New Fed Chair by October: WSJ
00:06:55 – Euro-GBP Hit Highest since 2021
00:07:46 – Fed Releases Plan to Ease Key Bank Capital Rules
00:09:03 – Trump: Will Make Spain Pay Twice as Much in Trade Deal
00:11:37 – EU Leaders to Meet for Brussels Summit
00:12:52 – Finnish President Stubb: NATO Summit was a Great Success
00:16:44 – Nvidia Rises to Record on AI Demand
00:18:10 – Nvidia Market Cap Overtakes Microsoft
00:19:10 – Micron Outlook Fials to Fuel Further Rally
00:20:45 – Inside a Shenzhen Toy Factory
00:22:30 – Xiaomu to Launch First SUB as Shares Near Record High
00:22:57 – NYC Real Estate Shares Fall After Mamdani Win
00:23:19 – Shell Denies BP Takeover Talks
00:26:18 – Trump Says US & Iran Will Talk Next Week
00:31:32 – China’s Wealth Fund Retreats From Wall Street
00:33:33 – Worldline CEO: Firm ‘Attacked by Media’
00:33:56 – British man Charged by US Over Company Data Hacks
00:35:46 – Eléonore Crespo, Pigment, Co-Founder & Co-CEO
00:44:44 – USD Steepest Drop in Decades
——–
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