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, Donald Trump said he had an “amazing” meeting with Xi Jinping in South Korea. The US reduced its tariffs on fentanyl to 10% immediately, and reached a deal on soybeans and agriculture. The US president said he’d discussed Nvidia chips, but that it’s up to Beijing to continue talking to the company about access to China. He plans to visit China in April. Xi said China will cooperate with the US.
A rate cut from the Fed, but a warning from chair Jay Powell there’s no guarantee of another reduction in December. The Bank of Japan holds steady, while the ECB prepares to deliver its decision later today. Meanwhile, Meta and Microsoft shares have fallen in afterhours trading after the tech giants disclosed huge AI spending plans in their latest earnings reports.
Today’s guests: ABN Amro Bank Senior Economist Jan-Paul van de Kerke, Diego Di Giorgi, CFO of Standard Chartered & Ana Boata, Head of Economic Research at Allianz Trade
Chapters:
00:00:00 – Daybreak Europe
00:01:05 – Credit Agricole 3Q Net Income Beats Estimates
00:02:28 – BBVA 3Q Net Income Meets Estimates
00:03:16 – Lufthansa 3Q Adjusted Ebit Beats Estimates
00:03:57 – AB InBev 3Q Organic Adjusted Ebitda Beats Estimates
00:06:00 – Trump Says He Will Go to China In April
00:08:31 – Semiconductor Sector In Focus For Trump-Xi Talks
00:10:33 – Trump Cuts Fentanyl Tariffs on China to 10%
00:12:03 – Fed Cuts Rates, Powell Signals December Move ‘Far From’ Certain
00:13:33 – Meta, Microsoft Test Investors’ Patience With AI Spending Spree
00:16:55 – Dutch Far-Right Party Falls in Election as Centrists Set to Win
00:17:32 – DIGI: FULL INTV Jan-Paul van de Kerke, ABN AMRO Senior Economist
00:21:47 – China Readout Following Xi-Trump Meeting in Busan
00:25:05 – VW Says Outlook Depends on Chips as Nexperia Fallout Looms
00:26:18 – Remy Cointreau Cuts Outlook After Seeing Weak Global Demand
00:27:06 – France 3Q GDP Rose 0.5% Q/q, Above All Estimates
00:27:32 – BOJ Stands Pat on Rates in Vote That Offers Few Hints on Hike
00:28:24 – Trump and Xi Ease Tension With Truce on Tariffs, Rare Earths
00:30:43 – Diego De Giorgi, Standard Chartered CFO
00:37:44 – Yen Slides as BOJ’s Ueda Speaks
00:38:36 – ECB Meets In Florence
00:40:36 – Ana Boata, Allianz Trade Economic Research Head
——–
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
