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, Elon Musk appears to have turned on Reform UK party leader Nigel Farage, a friend of Donald Trump who he previously supported. The billionaire posted on X, ‘The Reform Party needs a new leader. Farage doesn’t have what it takes.’
Meanwhile, Canada’s Globe and Mail says Prime Minister, Justin Trudeau, is expected to announce as early as this week that he’s resining. And Austria’s anti-immigrant Freedom Party is creeping closer to appointing its first chancellor after receiving an invitation by the nation’s president to discuss forming a government.
Chapters:
00:00:00 – Daybreak Europe
00:03:23 – PBOC Reinforces Yuan Support With Fixing Stronger Than Key Level
00:04:12 – Canada’s Trudeau Is Likely To Resign This Week: Globe
00:09:41 – Trump Weighs Jan. 6 Clemency With Congress Set to Ratify His Win
00:12:23 – Fed Officials Continuing To Stress That The Inflation Fight Has Not Yet Been Won
00:15:24 – Austria’s Far Right Closes In on Chancellery
00:19:40 – German Chancellor Scholz’s Recipe Against Musk’s Attacks: ‘Stay Cool’
00:22:41 – NYC Congestion Pricing Takes Effect After Years of Delays
00:26:09 – Elon Musk Turns on Reform UK’s Farage
00:34:01 – Nippon Steel Slides After Biden Blocks US Steel Takeover
00:38:17 – iPhone Maker Hon Hai’s Shares Climb After AI Spurs Sales Beat
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