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Futures Drop on Signs of Trade War Damage, Germany in Political Chaos | Bloomberg Brief 05/06/2025
46:22
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Bloomberg Television
Futures Drop on Signs of Trade War Damage, Germany in Political Chaos | Bloomberg Brief 05/06/2025
Stock futures drop as concerns surrounding the trade war's impact on companies mount with Ford and Palantir both declining after reporting their latest results. Over in Germany, Friedrich Merz failed to secure a majority in a parliamentary vote to confirm him as the nation's next chancellor. Lucy Baldwin of Citi says the US is heading for a 'stagflationary shock,' but exact timing is unclear. Torsten Slok of Apollo says the Fed must decide whether to put more weight on the data or inflation fears. State Street CEO Ron O'Hanley says tariff uncertainty will cause people to think differently, at the Milken Conference. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Chapters: 00:00:01 - Intro 00:01:21 - First Look Movers 00:03:10 - Lucy Baldwin, Citi Global Head of Research 00:09:32 - Trending on the Terminal 00:16:01 - Front Page News 00:22:40 - First Look Movers 00:24:29 - Torsten Slok, Apollo Management Chief Economist 00:31:04 - Trending on the Terminal 00:44:14 - What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Trump Tariffs: Dollar’s Fall in Asia Stuns Investors, Ford Pulls Guidance | The Opening Trade 05/06
1:35:49
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Bloomberg Television
Trump Tariffs: Dollar’s Fall in Asia Stuns Investors, Ford Pulls Guidance | The Opening Trade 05/06
The Taiwan dollar has been turbocharged by exporters rushing to convert their holdings of US dollars to the island’s currency. The divergence is the latest sign of seemingly insatiable demand for the Taiwan dollar driven by speculation the authorities will allow it to appreciate to help advance trade talks with this US.  The rally also bolstered regional currencies including the Malaysian ringgit and Chinese yuan.  Ford Motor Co. suspended its full-year financial guidance and said President Donald Trump’s auto tariffs will take a toll on profit, joining rivals stung by volatile global trade policies. Ford cited seven factors in withdrawing its earlier forecast including potential “industrywide supply chain disruption” tied to Trump’s duties and the risk that levies may increase in the future. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. Chapters: 00:00:00 - The Opening Trade 00:00:17 - Ford Stock 00:00:30 - Dollar Snaps Drop 00:04:49 - DoorDash Agrees to Buy Deliveroo 00:10:20 - German Chancellor Vote 00:12:15 - Italy: BPM Deal 00:12:50 - Microsoft, OpenAI Restructuring 00:15:30 - Dollar's Fall in Asia Stunned Markets 00:24:55 - Trump Tariffs: Philips CEO 00:36:10 - Trump Tariffs: CEO at Milken 00:47:21 - Stocks to Watch: Philips, Continental, BP 01:04:04 - DoorDash's Deliveroo Deal 01:14:52 - Trump Tariffs: Contintental CFO on Guidance 01:24:27 - CDU's Friedrich Merz Bundestag Vote 01:34:19 - Tekever CEO on Drones, Production in Ukraine 01:35:20 - Carney, Trump to Meet Today -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Germany's Merz Suffers Shock Setback, OpenAI Reform Proposal | Bloomberg The Pulse 05/06
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Bloomberg Television
Germany's Merz Suffers Shock Setback, OpenAI Reform Proposal | Bloomberg The Pulse 05/06
Friedrich Merz suffered a shock setback when he fell short of a majority in an initial vote in the lower house of parliament to confirm him as Germany’s next chancellor, preventing his swearing in on Tuesday and pitching Europe’s biggest economy into uncharted territory. It was the first time since World War II that an incoming chancellor failed to get parliamentary backing in the first round of voting in the Bundestag and triggered chaos in Berlin’s government quarter. In tech news, OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former employees, academics and rivals, including billionaire Elon Musk.  Today's guests: Karim Chedid, BlackRock EMEA Investment Strategy Head, Helen Giza, Fresenius Medical Care CEO, Abigail Watt, UBS US Economist _____________ "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 00:03:58 - Carney, Trump Prepare to Talk Trade and Security at White House 00:05:16 - Dollar Snaps Two-Day Decline, Stock Futures Dip 00:10:21 - Germany in Political Chaos After Merz Loses Chancellor Vote 00:11:31 - Karim Chedid, BlackRock EMEA Investment Strategy Head 00:15:34 - Merz Loses Initial Vote to Be German Chancellor in Shock Setback 00:18:37 - Fresenius Medical Care Beats on Cost Cuts, Patient Referrals 00:19:52 - Helen Giza, Fresenius Medical Care CEO 00:26:19 - Merz Falls Short of Majority 00:29:46 - OpenAI Walks Back For-Profit Plan, Nonprofit to Keep Control 00:31:27 - Musk’s Lawyer Says OpenAI Reform Proposal ‘Changes Nothing’ 00:38:37 - Abigail Watt, UBS US Economist 00:43:11 - UK Non-Dom Change Risks Costing More Than It Raises, Study Warns -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Germany: Merz Loses Initial Parliament Vote to Be Chancellor
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Bloomberg Television
Germany: Merz Loses Initial Parliament Vote to Be Chancellor
Friedrich Merz suffered a shock setback when he fell short of a majority in an initial vote in the lower house of parliament to confirm him as Germany’s next chancellor, preventing his swearing in on Tuesday and pitching Europe’s biggest economy into uncharted territory. Bloomberg's Oliver Crook reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Dollar Depreciation Has Long Way to Go: 3-Minute MLIV
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Bloomberg Television
Dollar Depreciation Has Long Way to Go: 3-Minute MLIV
Anna Edwards, Guy Johnson, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:05 - Hong Kong Dollar Peg 00:01:00 - Taiwan Dollar Surge 00:01:09 - Lower Exposure to USD 00:02:31 - Euro Price to Potentially 1.25 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Trade War: Chinese Trade Flow Resilient In April Despite US Tariffs | Daybreak Europe 05/06/2025
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Bloomberg Television
Trade War: Chinese Trade Flow Resilient In April Despite US Tariffs | Daybreak Europe 05/06/2025
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, The dollar snaps two days of declines as bullish sentiment towards Asian currencies takes a breather. In China, services activity slips to a seven month low, stoking fears of a rapid economic slowdown. This while Beijing's trade flows increased at the end of April, indicating the damage from US tariffs has yet to manifest in actual shipments even though the trade war is widely expected to eventually slow the world’s second-largest economy. Meanwhile, Friedrich Merz pledges swift action to galvanize Europe's biggest economy as he takes over as German chancellor. And the UK's tax overhaul for wealthy foreigners will start costing more than it raises if one in four of those affected leaves the country - that's the warning from the Centre for Economics and Business Research. The government disputes the figures. Chapters: 00:00:00 - Daybreak: Europe 00:00:59 - Philips Lowers Margin Guidance Over US-China Trade Tensions 00:04:09 - China's Services PMI Weakest Level in 7 Months 00:04:43 - Chinese Trade Flow Resilient Despite US Tariffs 00:05:45 - China Reports Holiday Travel Surge 00:07:19 - Tariffs Dominate Milken Discussions 00:07:40 - Bessent Touts US as ‘Premier Destination’ for World Capital 00:09:48 - Trump-Carney Meeting Today 00:11:15 - Dollar Gains After Two-Day Drop 00:11:37 - Taiwan Dollar Stabilizes 00:15:56 - OpenAI Walks Back For-Profit Plan 00:18:30 - Palantir Earnings Fall Short Of Wall Street Hopes 00:22:59 - Trump Blocks Harvard From New Research Funding in Latest Blow 00:25:00 - Continental Sales Jump to Best First Quarter in Four Years 00:27:08 - Merz to Start as German Chancellor, Replacing Scholz 00:31:59 - Ford Pulls Outlook, Sees $1.5B Hit From Trump Tariffs 00:33:40 - Ferrari Earnings Preview 00:34:25 - Vestas Earnings 00:35:19 - Apollo CEO: Trump 'Not Wrong' On Tariffs 00:38:01 - Warning On UK Tax Plan For Rich 00:42:01 - Italy Said Unwilling To Ease BPM Terms -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
How Ambani's Campa Cola is Hurting Coke, Pepsi in India
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Bloomberg Television
How Ambani's Campa Cola is Hurting Coke, Pepsi in India
Asia's richest man, Mukesh Ambani, is challenging Coca-Cola and PepsiCo's dominance in India with Reliance Industries' Campa Cola brand. Bloomberg's Satviki Sanjay speaks on Insight with Haslinda Amin about the growing success of the brand. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@Bloomberg-News Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Chinese Media Reports Holiday Travel Surge
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Bloomberg Television
Chinese Media Reports Holiday Travel Surge
Chinese media are reporting a surge in travel and retail spending over the May Day holiday, with cross-regional passenger traffic up 8%. But as Bloomberg's China correspondent, Minmin Low, explains - not all of the data so far paints a rosy picture. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025