Bitcoin hit a two-week high and extended a tentative rebound Wednesday. The digital-assets market remains on shaky ground after a bruising selloff that began in early October.
US President Donald Trump said he plans to announce his selection to lead the Federal Reserve early next year. Traders are piling into bets that a new Fed chair will support Donald Trump’s calls for lower interest rates.
Meanwhile in Europe, natural gas futures were lower as the European Union announced they’ve reached a deal to phase out Russian gas faster than originally planned. In corporate news, Zara parent company Inditex saw November sales rise indicating strong consumer spending resilience. Shares in the world’s largest listed retailer by sales revenue gained by as much as 8.3% in early trading in Madrid.
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 and Guy Johnson.
Chapters:
00:00:00 – The Opening Trade
00:02:06 – Market Check
00:03:03 – Trump Teases Fed Pick
00:04:28 – Amazon AI Chip
00:06:07 – NATO Foreign Ministers Meet in Brussels
00:11:43 – Canada to Join EU Defense Program
00:12:05 – HSBC New Chair Brendan Nelson
00:12:37 – Inditex Beats Estimates
00:17:48 – Underweight Long-term Treasuries: BlackRock
00:26:02 – Lithuania Foreign Minister
00:29:32 – Hensoldt CEO on Ukraine
00:40:33 – Bitcoin Price Rebound
00:47:35 – Stocks to Watch: Inditex, HSBC, Airbus
01:07:23 – HSBC Stock
01:10:36 – Airbus A320 Troubles
01:17:08 – No Compromise on Ukraine After US Talks: Russia
01:26:29 – EU Deal to Phase Out Russian Gas Imports
01:33:03 – Macron in China
——–
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