Bloomberg Daybreak Weekend: US CPI, Portugal Election, Japan Eco
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S eco data and earnings from the retail giant, Walmart. In the UK – a look ahead to Portugal’s general election. In Asia – a look ahead to Japan industrial production, PPI, and GDP data. See omnystudio.com/listener for privacy information.
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39:14
Trade Talk Optimism Caps APAC Trading Week
Asian stocks inched higher at the Friday open after US President Donald Trump announced a trade framework with the United Kingdom and signaled tariffs on Chinese goods may fall if upcoming talks go well. Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in Switzerland on Saturday. For some analysis, we hear from Claire Reade, Senior Counsel at Arnold & Porter and former Assistant US Trade Representative for China Affairs. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts. Stateside - markets rose Thursday on optimism about the China talks, as well as Trump's UK announcement. The S&P 500 extended gains to session highs, climbing about 1.5%, as Treasuries, gold and haven currencies lost steam. We get reaction from Eli Lee, Chief Investment Strategist at Bank of Singapore, and Derek Wallbank, Bloomberg News Senior Editor in Singapore.See omnystudio.com/listener for privacy information.
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20:24
The Fed Holds Rates Steady, US-China Trade Talks in Focus
Asian stocks traded in a tight range Thursday after the Federal Reserve reiterated it isn't in a rush to lower interest rates, and investors awaited the trade negotiations between China and the US. Stateside, the S&P 500 halted a two-day slide, led by chipmakers as Bloomberg News reported that the Trump administration plans to rescind Biden-era curbs for the industry. For more on the day's market outlook, we heard from Alex Wolf, Head of Asia Investment Strategy at JPMorgan Private Bank. He speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts. Plus - President Donald Trump said Wednesday that he's unwilling to preemptively lower tariffs on China in order to unlock more substantive negotiations with Beijing on trade. His comments come ahead of bilateral talks between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng this weekend in Switzerland. We get the latest from Bloomberg's US Treasury Reporter, Dan Flatley, along with Bloomberg's China Correspondent, Minmin Low.See omnystudio.com/listener for privacy information.
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17:51
India Strikes Pakistan After Kashmir Attack, US and China Announce Trade Talks
India's government said it conducted targeted military strikes against Pakistan early Wednesday, a widely anticipated move after it pledged retaliation for a militant attack last month in Kashmir that killed 26 people. Pakistan said it shot down five Indian airplanes in retaliation. The downing of the jets are not "hostile acts" and Pakistan was defending its territory, according to the country's Defense Minister, Khawaja Muhammad Asif. He speaks with Bloomberg's Shery Ahn and Paul Allen. Plus - US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will travel to Switzerland later this week for trade talks with China led by Vice Premier He Lifeng, jump-starting negotiations between the two nations. The visit was announced in statements Tuesday from the Chinese and US governments. It will be the first confirmed trade talks between the countries since President Donald Trump announced sweeping tariffs, led by punishing levies on China. We get reaction from Romy Varghese, Bloomberg News Politics Editor, and Bloomberg China Correspondent, Minmin Low.See omnystudio.com/listener for privacy information.
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19:43
Dollar Gains After Two-Day Dip, Oil Holds Decline With Higher OPEC+ Supply
A gauge of the dollar rose 0.3% after declining Monday as speculation around potential trade deals sparked an extraordinary spike in Taiwan's dollar and resonated across global foreign exchange markets. The MSCI Emerging Markets Currency Index rose 0.6% to a record. US stock futures edged lower after the S&P 500 halted its longest rally in about 20 years. We get a look at the market landscape with Suresh Tantia, Chief Investment Officer and APAC Strategist at UBS Global Wealth Management. He speaks to Bloomberg's Shery Ahn and Haidi Stroud-Watts. Plus - oil dropped during New York's Monday session after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a global glut just as the trade war threatens demand. We get reaction from Vandana Hari, Founder at VANDA Insights.See omnystudio.com/listener for privacy information.
Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.
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