Fed Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the institution. Gold and Silver rallied to record highs helping drive mining stocks higher. Heineken shares fall after the company said that CEO and Chairman Dolf van den Brink has decided to step down on May 31. Defense stocks open higher with rising tensions around Iran and Greenland.
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
00:00:12 - Market Check
00:00:48 - Powell Says DOJ Served Fed with Subpoenas
00:04:37 - Oil Holds Gains
00:06:45 - S&P Futures
00:10:58 - Japan Vote Boosts Futures
00:11:47 - UK, Germany Discuss NATO Presence in Greeland
00:14:13 - Powell Warns of Political Pressure
00:27:53 - Trump Insists US Will Have Greenland
00:33:07 - Trump Tariffs Supreme Court Ruling
00:37:36 - Iran Protests
00:42:28 - Iran Unrest Threatens Oil Supply
00:47:35 - Stocks to Watch: Defense, Heineken, Miners
00:51:25 - Barclays Stock
00:58:07 - Gold, Silver Hit Records
01:06:42 - Monthly OPEC Crude Production
01:17:54 - ElevenLabs CEO Mati Staniszewski on AI
01:26:34 - Fed Independence in Question
--------
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
00:00:12 - Market Check
00:00:48 - Powell Says DOJ Served Fed with Subpoenas
00:04:37 - Oil Holds Gains
00:06:45 - S&P Futures
00:10:58 - Japan Vote Boosts Futures
00:11:47 - UK, Germany Discuss NATO Presence in Greeland
00:14:13 - Powell Warns of Political Pressure
00:27:53 - Trump Insists US Will Have Greenland
00:33:07 - Trump Tariffs Supreme Court Ruling
00:37:36 - Iran Protests
00:42:28 - Iran Unrest Threatens Oil Supply
00:47:35 - Stocks to Watch: Defense, Heineken, Miners
00:51:25 - Barclays Stock
00:58:07 - Gold, Silver Hit Records
01:06:42 - Monthly OPEC Crude Production
01:17:54 - ElevenLabs CEO Mati Staniszewski on AI
01:26:34 - Fed Independence in Question
--------
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
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Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
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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