Gold Prices Stable After Fall, Google Cloud AI Deal | The Pulse 10/22

From Bloomberg Markets and Finance.

Gold and silver steadied, after suffering their steepest selloffs in years on Tuesday as concern their dizzying rallies in recent weeks had left them overvalued. In the world of tech, Bloomberg understands AI firm Anthropic and Google are in advanced talks over a cloud computing partnership potentially worth tens of billions of dollars. And European nations are working with Ukraine on a 12-point proposal to end Russia’s war along current battle lines, pushing back against Putin’s renewed demands to the US for Kyiv to surrender territory in return for a peace deal.

Today’s guests: Derek Halpenny, Global Markets Head of Research at MUFG, Adrian Cox, Thematic Strategist at Deutsche Bank Research, Anna Rosenberg, Head of Geopolitics at Amundi Investment Institute.

Chapters:
00:00:00 – The Pulse
00:00:31 – Gold Steadies, Mixed Earnings in Europe
00:06:17 – UniCredit’s Beat Fails to Sway Investors as Italy Bank Tax Looms
00:08:36 – Derek Halpenny, Global Markets Head of Research at MUFG
00:11:04 – Gold Extends Rout in Volatile Pullback From Historic Price Surge
00:15:46 – Anthropic, Google in Talks on Multibillion-Dollar Cloud Deal
00:20:00 – Adrian Cox, Thematic Strategist at Deutsche Bank Research
00:25:11 – Trump: US Plans to Impose 155% Tariff on Chinese Goods
00:32:16 – Anna Rosenberg, Head of Geopolitics at Amundi Investment Institute
00:38:58 – Europe-s 12-Point Proposal to End War in Ukraine
00:43:40 – Irish Defence Minister Says Ukraine Has to Join EU Ultimately
00:45:04 – Thomas Byrne, Irish Defence Minister
——–
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
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
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