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.
Donald Trump said he made “fantastic trade deals” with Xi Jinping as the leaders wrapped up their summit in Beijing, though few concrete agreements emerged.
Trump told Fox News that Xi offered to help on Iran, which Beijing has not confirmed. China has urged the reopening of the Strait of Hormuz.
And in the UK, another potential challenge to UK Prime Minister Keir Starmer's leadership from one of the nation's most popular Labour Party politicians, Andy Burnham, was enough to send the pound tumbling.
Today's guest: Hetal Mehta, St James’s Place, Chief Economist.
Chapters:
00:00:00 - Daybreak Europe
00:01:36 - Pound Tumbles as Burnham Escalates Labour Revolt
00:04:26 - Xi Says China, US Agree to Stablize Trade Relations
00:07:00 - Trump Says US, China Feel Similar on Iran
00:13:57 - Trump: Xi Offered Help on Iran, Hormuz
00:16:47 - Pound Tumbles as Burnham Escalates Labour Revolt Against Starmer
00:20:27 - Xi’s Threat to Trump Cements Taiwan as Top US-China Risk
00:24:50 - Stocks Drop, Bond Yields Climb on Inflation Woes
00:30:41 - Hetal Mehta, St James’s Place, Chief Economist
00:38:40 - Nasdaq Futures Fall
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More on Bloomberg Television and Markets
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Donald Trump said he made “fantastic trade deals” with Xi Jinping as the leaders wrapped up their summit in Beijing, though few concrete agreements emerged.
Trump told Fox News that Xi offered to help on Iran, which Beijing has not confirmed. China has urged the reopening of the Strait of Hormuz.
And in the UK, another potential challenge to UK Prime Minister Keir Starmer's leadership from one of the nation's most popular Labour Party politicians, Andy Burnham, was enough to send the pound tumbling.
Today's guest: Hetal Mehta, St James’s Place, Chief Economist.
Chapters:
00:00:00 - Daybreak Europe
00:01:36 - Pound Tumbles as Burnham Escalates Labour Revolt
00:04:26 - Xi Says China, US Agree to Stablize Trade Relations
00:07:00 - Trump Says US, China Feel Similar on Iran
00:13:57 - Trump: Xi Offered Help on Iran, Hormuz
00:16:47 - Pound Tumbles as Burnham Escalates Labour Revolt Against Starmer
00:20:27 - Xi’s Threat to Trump Cements Taiwan as Top US-China Risk
00:24:50 - Stocks Drop, Bond Yields Climb on Inflation Woes
00:30:41 - Hetal Mehta, St James’s Place, Chief Economist
00:38:40 - Nasdaq Futures Fall
--------
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
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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