From Bloomberg Markets and Finance.
US equity futures drop along with the dollar and Treasuries ahead of a busy week of economic data. China is said to have urged banks to scale back on US Treasury holdings, citing concerns over volatility and concentration risks. The yen strengthens against the dollar after the ruling Liberal Democratic Party scored a historic snap election victory. Shares of Novo Nordisk jump as Hims & Hers scraps a copycat version of the new Wegovy weigh-loss pill. Jane Foley of Rabobank discusses the latest moves in the currency market. Ivanhoe Mines Founder Robert Friedland joins from the African Mining Indaba in Cape Town.
Chapters:
00:00:00 – Bloomberg Brief
00:01:30 – First Look Movers
00:14:37 – Trending on the Terminal
00:19:50 – Front Page News
00:22:43 – First Look Movers
00:24:32 – Jane Foley, Rabobank Head of FX Strategy
00:30:59 – Trending on the Terminal
00:32:54 – Robert Friedland, Ivanhoe Mines Founder
00:42:16 – What to Watch
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