House Republicans overcame a critical procedural hurdle to advance President Donald Trump’s massive tax and spending package early Thursday, holding a key vote open for hours past midnight as the president and his allies worked to win them over. The House finally voted 219-213 to essentially move toward a final vote on Trump’s “big beautiful bill”.
UK markets rebounded from a sharp selloff and the pound was slightly higher as Prime Minister Keir Starmer sought to calm speculation about a possible exit by Chancellor of the Exchequer Rachel Reeves by saying she will stay in the role for many years to come.
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
00:01:49 – Trump Tax Bill
00:07:06 – Starmer Backs Rachel Reeves
00:09:02 – US, Vietnam Trade Deal
00:12:09 – OpenAi, Oracle Stargate Deal
00:12:36 – Barclays Revamps Asia Investment Banking
00:13:07 – UniCredit Commerzbank Bid
00:14:49 – UK Gilt Markets Vulnerable: RBC Bluebay
00:25:19 – Swiss CPI Rises
00:27:56 – US Jobs Data Today
00:39:11 – Trump Tax Bill Passes Senate Narrowly
00:43:13 – Vietnam Tariffs
00:48:08 – Stocks to Watch: UK, Siemens, RyanAir
01:05:25 – US Lifts Chip Export Curbs
01:12:15 – Trump Tax Bills Passes Crucial Hurdle
01:27:56 – Rachel Reeves Reaction
01:30:25 – Starmer: UK Govt. Commited to Fiscal Rules
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