Day: January 13, 2025

Donald Trump’s silly season has already caused irreparable damage to United States national security. Despite not yet holding office for a minute, Trump has made it plain that in his second term the U.S. will be an unreliable partner swayed by his personal whim, that he has no respect for historic alliances and that he

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, Asian stocks fell with European and US equity futures as traders trimmed bets on the Fed interest-rate cuts after Friday’s payroll data. Oil hit its highest in more than 4 months after the US announced fresh sanctions on Russia’s energy industry. And traders in the options markets are preparing for the pound to tumble as much as 8 percent, following last week’s selloff across UK markets. The pricing will be unwelcome news for Chancellor Rachel Reeves, as she returns from her trip to China.
Today’s guest: Alexandra Ivanova, Fixed Income Fund Manager at Invesco & Julian Fisher, Chair of the British Chamber of Commerce in China. (Source: Bloomberg)