Metals extended their dramatic start to the year — with gold, silver, copper and tin all hitting record highs — as investors bet on a boost from more US rate cuts and a revival in sentiment across Chinese financial markets. China’s trade surplus climbed to $1.2 trillion in 2025, extending a record run as overseas shipments surprised with stronger growth at the end of the year, despite a deepening plunge in sales to the US. Plus, Donald Trump takes issue with Jamie Dimon's stance on the Fed.
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 Tom Mackenzie.
Chapters:
00:00:00 - The Opening Trade
00:00:35 - Market Check
00:01:47 - Silvers Price Surges Above $90
00:03:35 - China Trade Surplus Record
00:06:41 - Jamie Dimon on Fed Independence
00:09:03 - Czech Defense Firm CSG IPO
00:12:43 - Iran Protest Death Tolls Rise
00:14:50 - Greenland Says it Chooses Denmark
00:18:54 - Metals Soar, Gold Price
00:26:01 - JPMorgan Drops on Earnings Disappointment
00:41:34 - Yen, Japan Stocks
00:47:40 - Stocks to Watch: Miners, BP, Novo Nordisk
01:06:03 - Czech Arms Maker CSG IPO
01:14:44 - Greenland Rules Out Joining US
01:29:29 - Bank Stocks Mixed 4Q Results
01:32:45 - Trump Credit Card Cap
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More on Bloomberg Television and Markets
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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 Tom Mackenzie.
Chapters:
00:00:00 - The Opening Trade
00:00:35 - Market Check
00:01:47 - Silvers Price Surges Above $90
00:03:35 - China Trade Surplus Record
00:06:41 - Jamie Dimon on Fed Independence
00:09:03 - Czech Defense Firm CSG IPO
00:12:43 - Iran Protest Death Tolls Rise
00:14:50 - Greenland Says it Chooses Denmark
00:18:54 - Metals Soar, Gold Price
00:26:01 - JPMorgan Drops on Earnings Disappointment
00:41:34 - Yen, Japan Stocks
00:47:40 - Stocks to Watch: Miners, BP, Novo Nordisk
01:06:03 - Czech Arms Maker CSG IPO
01:14:44 - Greenland Rules Out Joining US
01:29:29 - Bank Stocks Mixed 4Q Results
01:32:45 - Trump Credit Card Cap
--------
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
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
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

