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.
The Trump administration delayed 50% tariffs on billions of dollars of Canadian products for three days, saying the two sides had reached a tentative agreement to resolve a broader trade dispute that had plunged relations to a fresh low.
US President Donald Trump insisted Tuesday that there were no talks ongoing with Iran, leaving the simmering conflict in the Middle East and control of the Strait of Hormuz stuck in limbo.
And a global selloff in semiconductor stocks deepened as investors retreated from one of the year’s hottest trades amid elevated bond yields and geopolitical uncertainty.
Today’s guest: Freya Beamish, GlobalData TS Lombard, Chief Economist.
Chapters:
00:00:00 – Daybreak Europe
00:01:32 – Trump Delays Canada Tariffs
00:07:31 – Trump Takes Iran Hard Line as Hormuz Tensions Set New Normal
00:12:05 – Unitree Surges 629% on Shanghai IPO
00:14:14 – Unitree Robotics Surges 629% After $904 Million Shanghai IPO
00:17:55 – Europe Must Spend Trillions to Cut Cloud, AI & Chip Reliance
00:25:31 – UK CPI Expected to Accelerate
00:31:38 – Freya Beamish, GlobalData TS Lombard, Chief Economist
00:38:12 – Hotter Seas Raise Europe Storm Risk
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