Trump Aides Defend Gaza Takeover Proposal, Bank of England Rate Cut Bets | The Opening Trade 02/06

From Bloomberg Markets and Finance.

Aides to President Donald Trump sought to tone down his idea of depopulating and taking over Gaza after his suggestion that the US would “own” the war-ravaged territory was welcomed in Israel but widely condemned elsewhere. No one, including Israel, was expecting Trump’s public suggestion on Tuesday that his country step in and rebuild the coastal Palestinian territory, creating what he called a new “Riviera.” The Bank of England is expected to cut interest rates for a third time on Thursday while downgrading its UK growth forecasts and predicting higher inflation this year in a report that will make uncomfortable reading for Chancellor of the Exchequer Rachel Reeves. Economists and traders expect the Monetary Policy Committee to press ahead with a quarter-point reduction in its benchmark rate to 4.5%, the lowest level since June 2023. A survey by Bloomberg suggests the vote will be split 8-1 in favor of a cut. 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 Kriti Gupta.

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00:00:00 – Opening Trade
00:00:54 – FTSE 100 Futures
00:02:18 – AstraZeneca Earnings
00:09:39 – What to Watch For Tod
00:13:35 – Trump’s Ukraine Plan
00:14:30 – Bank of England Expected to Cut Rates 25 BPS
00:23:31 – Vestas Wind CEO on Returning Profit to Imvestors
00:26:40 – Trump Pulls Back on Green Energy Funding
00:35:33 – Maersk CEO: Little Tariff Impact So Far
00:45:37 – European Market Open
00:47:11 – Stocks to Watch: Volvo, Kering, Maersk
01:03:40 – Maersk Stock Surges
01:06:46 – Amazon Earnings Due Today
01:11:43 – DNB Bank CEO Braathen on Earnings, Tariffs, Norway GDP
01:21:10 – BOR Rate Decision Preview
01:30:23 – Bank of England Set for Third Rate Cut
01:31:47 – German Conservatives Drop in Polling
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