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 says letters are being sent to trading partners notifying them of the latest US tariff rates. He says for some countries it will be 10-20%, for others 60-70%. Global stocks slide on the news.
The One, Big, Beautiful Tax Bill passes Congress, paving the way for $3.4 trillion of tax cuts and increased spending. Plus, we look back on the UK Prime Minister’s first year in office, after a week in which he was forced to u-turn on his flagship welfare reforms.
Today’s guest: Yael Selfin, KPMG UK, Vice Chair & Chief Economist
Chapters:
00:00:00 – Daybreak: Europe
00:02:36 – Asian Shares Trade in Narrow Range on Tariff Angst
00:03:34 – Yen to Gain as Spending Surge Boosts BOJ Hike Case
00:04:25 – Air France-KLM to Boost Stake in SAS to 60.5%
00:05:18 – Trump: Will Send Nations New Tariff Rates Friday
00:06:46 – Trump’s Latest Comments on Tariffs
00:07:05 – China to Cancel Part of EU Summit: Sources
00:08:12 – US Jobs Report Takes Pressure Off Fed
00:11:51 – Trump: Tax Bill is Best US Birthday Present
00:16:35 – Jane Street Curbed in India Markets After Alleged Illegal Gain
00:17:42 – SEBI Seeks to Seize $570M From Jane Street
00:20:39 – The Rise of BRICS
00:23:18 – Russia Unleashes Drone Attack on Ukraine
00:26:12 – Starmer Marks One Year in Office Saturday
00:28:28 – Challenges Ahead for UK Prime Minister Keir Starmer
00:29:51 – Yael Selfin, KPMG UK Vice Chair & Chief Economist
00:36:05 – OPEC+ Weights Another Super-sized Hike
00:40:32 – Big Take: Greece’s Painful Decade of Rehabilitation
00:42:48 – Greece Has Outperformed Its Euro Area Peers
00:45:14 – Fed’s Bostic on Fed Rate Path, Inflation and Policy
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