The AI-driven selloff in equities spread globally, but the UK & Europe avoided the worst of it. US futures turned green as dip buyers moved in. This after the worst day for the Nasdaq since the start of the Covid pandemic in March 2020. Japan’s Nikkei 225 entered a bear market.
Marco Rubio says he’s committed to the Trump administration despite Bloomberg reporting the US Secretary of State could potentially leave the government. Meanwhile some US lawmakers are looking to impeach the Defense Secretary Pete Hegseth as early as next week.
Today’s guests: Isabelle Mateos y Lago, BNP Paribas, Group Chief Economist; Lindsay Newman, King’s College London, Visiting Research Fellow; Kristrún Frostadóttir, Icelandic Prime Minister
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:25 – Europe joins global selloff
00:04:45 – Isabelle Mateos y Lago, BNP Paribas, Group Chief Economist
00:10:15 – BOE’s Bailey: Second hike more likely than not if war persists
00:13:16 – Washington Roundtable: King’s College London’s Lindsay Newman & Bloomberg’s Stephanie Baker
00:23:41 – Friday headlines
00:24:17 – European airlines hit by bomb threats
00:28:13 – Kristrún Frostadóttir, Icelandic Prime Minister
00:41:06 – Silicon Valley’s AI Bets Built on Hype and Hope: Bloomberg Opinion
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