Shares of UK lenders including Lloyds, Close Brothers and Barclays jumped on Monday after the industry won a major reprieve in a pivotal UK car finance case before the country’s top court. The Supreme Court on Friday overturned most of a lower court ruling that last year had sent shares in affected banks spiralling.
President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may shape his economic agenda amid anxiety over the trajectory of global growth. For the Fed, Trump said he has a “couple of people in mind” for the role that opened up after Adriana Kugler announced Friday that she would vacate her board of governors seat, which wasn’t due to expire until January.
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
00:02:34 – Jobs Data Weakens
00:04:16 – Fed Governor Named in Days
00:05:49 – OPEC Oil Supply Hike
00:09:25 – FCA Car Finance Compensation
00:09:48 – Boeing Strike
00:10:09 – China Rare Earths Talks ‘Halfway’
00:12:46 – Worst Job Growth Since 2020
00:24:14 – Swiss CPI after Trump Tariffs
00:29:24 – Modi. India Defies Trump Russia Oil Pressures
00:38:18 – S&P Futures, US Stocks ‘In Trouble’
00:46:52 – Stocks to Watch: Swiss, UK Banks, Airlines
01:02:03 – Swiss Tariffs: Trump Demands Lower Drug Prices
01:13:13 – Wall Street Banks Lose Ground
01:21:37 – UBS’ Mark Haefele
01:24:39 – FCA Ruling: ‘Huge Win’ for Bank Stocks
01:30:35 – Oil Price Check
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