From Bloomberg Markets and Finance.
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.
On today’s show, the US President says he’ll name a new Fed Governor in the coming days, following the resignation of Adriana Kugler. Investors raise bets on the Federal Reserve cutting interest rates, with some predicting a bumper cut in September.
Donald Trump is also set to name a new head of the Bureau of Labor Statistics. Erika McEntarfer was fired on Friday after weak jobs data for July, and steep downward revisions for May and June.
Plus oil declines as OPEC+ approves another bumper output hike, reversing supply cutbacks a full year ahead of schedule.
Today’s guest: Amrita Sen, Energy Aspects, Founder & Director of Market Intelligence
Chapters:
00:00:00 – Daybreak Europe
00:01:44 – Asian Stocks Trim Losses on Tech
00:02:47 – Trump’s Firing Of Jobs Data Chief Criticized
00:04:55 – Worst Three Months For Job Growth Since 2020
00:06:03 – Trump: Powell Should Resign, Just Like Krugler
00:06:49 – Trump To Name New Fed Governor This Week
00:08:31 – Oil Drops After OPEC+ Supply Hike
00:10:29 – OPEC+ Officials: All Options Remain On The Table
00:12:44 – Canadian Trade Envoy Still Sees Chance to Ease Trump’s Tariffs
00:17:28 – Indian PM Modi Defiant As Trump Steps Up Pressure on Russian Oil Purchases
00:20:59 – China’s Clean-Tech Stranglehold: BloombergNEF
00:26:53 – Amrita Sen, Energy Aspects Founder & Director of Market Intelligence
00:33:27 – Top Trump Officials Visit Gaza
00:36:08 – EXCLUSIVE: Oliver Zipse, BMW CEO
00:40:35 – Swiss Brace For Market Reopen After US Tariff Hit
00:45:05 –
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