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On today’s show, The US has withdrawn its previous stance condemning Russia’s invasion of Ukraine at the United Nations, a stark policy reversal from President Biden’s administration and another blow to ties with the European Union. This comes as French President Emmanuel Macron visited Trump in Washington in an effort to get Europe back to the table in talks with Russia. Meanwhile, Bloomberg has learned that Friedrich Merz is speaking with the Social Democrats to quickly approve 200 billion euros in defense spending. And Donald Trump said tariffs due to hit Canada and Mexico next month will go ahead.
Today’s Guests: Raghuram Rajan, former Governor of the Reserve Bank of India, Lesetja Kganyago, Governor of the South African Reserve Bank & Svelland Capital Director, Nadia Martin Wiggen.
Chapters:
00:00:00 – Daybreak Europe
00:01:40 – Trump Tariffs Weigh on Traders’ Minds
00:05:10 – Trump Seeks Tougher Controls on China Chips
00:08:04 – Nvidia Chip Exports to China Targeted
00:11:45 – Macron Urges US Support for Ukraine
00:14:12 – US Breaks With Allies on Ukraine
00:17:22 – Merz Hopes to Beef up German Defense
00:19:22 – India Delivers Tax Cuts to Spur Economic Growth
00:19:26 – Raghuram Rajan, former Governor of the Reserve Bank of India
00:26:48 – G-20 Finance Ministers Meet in South Africa
00:27:35 – Lesetja Kganyago, Governor of the South African Reserve Bank
00:35:16 – Bank of Canada Sees Trade War Permanently Cutting Output by 2.5%
00:38:41 – European Gas Storage at 40%
00:41:08 – Nadia Martin Wiggen, Svelland Capital Director
00:42:10 – Germany Energy Relies Heavily on Gas
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