US President Donald Trump called for “reverse migration” in the US following the shooting of two National Guard members in Washington. In a pair of Truth Social posts, Trump said he would halt admissions from unspecified developing nations and revoke citizenship from some naturalized migrants. He also said he would end all federal benefits for non-citizens. Trump offered no details on how he would implement these policies or what he considers a “third world” country, an ill-defined and often offensive term for developing nations. Earlier in the day, the president had announced the death of one of the guardsman, US Army Specialist Sarah Beckstrom, 20. The attack by an Afghan national on the eve of Thanksgiving holiday has led Trump to amplify his anti-immigration policies.
Trading of futures and options on the Chicago Mercantile Exchange was halted by a data-center fault, causing hours of disruption to markets across equities, foreign exchange, bonds and commodities. The malfunction is already longer than a similar, hours-long outage due to a technical error back in 2019 and underscores the reach of CME Group and its Globex electronic trading platform. It triggered widespread frustration as market participants contemplated the prospect of a lost trading session.
Today’s guests: Manish Kabra, SocGen CIB; Anna Rosenberg, Amundi Investment Institute; Giorgio Pradelli, EFG CEO; Ashley Wallace, Bank of America
—
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:26 – Cme futures outage disrupts trading across global markets
00:01:14 – Trump says he will permanently pause migration from "third world countries"
00:04:32 – Manish Kabra, SocGen CIB
00:11:37 – YouGov survey finds 48% Britons unhappy at budge
00:14:24 – Orban meets Putin as he eyes sanctioned Russian refineries
00:16:29 – Anna Rosenberg, Amundi Investment Institute
00:23:51 – Friday headlines
00:24:36 – Giorgio Pradelli, EFG CEO
00:33:59 – OPEC+ set to hold output steady as surplus pushes oil toward $60
00:36:45 – China turns to France for support over Japan spat
00:37:08 – Hong Kong blaze death toll rises to 128
00:40:25 – The Big Take: Billionaire Zara Heir Bets Fast Fashion Empire on Upmarket Push
00:41:36 – Ashley Wallace, Bank of America
——–
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
