Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, 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 global stock rally ground to a halt, as Brent crude climbed above $102 a barrel on renewed Middle East tensions. The White House has reportedly asked the Pentagon to draw up strike options against Iran that could be executed before the midterm elections.
The EU is striking a more assertive approach with China ahead of trade chief Maroš Šefčovič’s meeting with Chinese Commerce Minister Wang Wentao. The bloc is seeking to address a trade deficit that exceeds $1 billion a day.
Bloomberg has learnt that Isomorphic Labs, the AI-powered drug discovery startup spun out of Google DeepMind, is in early talks to raise new funds at a valuation of at least $40 billion.
And the WHO has called on Russia to provide more information about the death of a researcher at a plague lab. President Trump is due to have a phone call with President Putin about the case.
Today’s guest: Elvire Fabry, Jacques Delors Institute, Trade and Economic Security Program Director.
Chapters:
00:00:00 – Daybreak Europe
00:01:01 – Stocks Rally Halts as Oil Gains
00:05:20 – EU Plans Import Cap on Chinese Hybrid Cars
00:08:41 – China Stocks Slide as Tepid Holiday Spending, Tech Losses Weigh
00:11:50 – Isomorphic Labs in Funding Talks for Over $40 Billion Value
00:16:29 – US May Order Fresh Strikes on Iran
00:18:55 – Oil Gains as Iran Attack Risks and Hurricane Deliver Dual Boost
00:21:42 – Fed Minutes Show Hawkish Unity Behind September Rate Hike
00:25:22 – Trump May Order Iran Strikes Before Midterms: Reports Say
00:28:12 – Europe’s Widening Trade Imbalance With China
00:32:46 – Elvire Fabry, Jacques Delors Institute, Trade and Economic Security Program Director
00:39:59 – Suspected Case of Pneumonic Plague in Siberia
00:43:08 – Zara Billionaire Who Shuns Wealth ‘s Trappings Set to Boost Clout
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