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Treasury Yields Drop as Trump Pressures Powell; Nvidia Hits Record High | Bloomberg Brief 6/26/2025
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Bloomberg Television
Treasury Yields Drop as Trump Pressures Powell; Nvidia Hits Record High | Bloomberg Brief 6/26/2025
The dollar and Treasury yields fall as investors shift rate cut bets amid a report that President Trump is considering to announce his pick for the next Federal Reserve Chair sooner than expected. Nvidia extends gains after closing at an all-time high, reclaiming its title as the largest stock in the world. HSBC's Max Kettner and Macquarie's Thierry Wizman discuss the market implication of a Trump-nominated FOMC chief. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Chapters: 00:00:00 - Intro 00:01:29 - First Look Movers 00:03:08 - Max Kettner, HSBC Chief Multi-Asset Strategist 00:10:59 - Trending on the Terminal 00:20:08 - Front Page News 00:22:24 - First Look Movers 00:23:56 - Thierry Wizman, Macquarie Global FX Rates Strategist 00:42:34 - 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 Jun 26, 2025
Trump Ratchets up Powell Pressure, Russia Sanctions on EU Summit Agenda | Bloomberg The Pulse 06/26
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Bloomberg Television
Trump Ratchets up Powell Pressure, Russia Sanctions on EU Summit Agenda | Bloomberg The Pulse 06/26
President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term expires next year. “I know within three or four people,” Trump said Wednesday during a press conference at The Hague, where he is attending the NATO summit. “I mean he goes out pretty soon, fortunately, because I think he’s terrible.” Trump did not name his potential replacements for the central banker nor did he lay out a timeline for a decision. Powell’s term as chair ends in May 2026. In Brussels, EU leaders are meeting to discuss fresh sanctions on Russia, US tariffs and their response to the Middle East conflicts. The summit comes a day after NATO members agreed to raise their spending levels to 5% of GDP. Spanish Prime Minister Pedro Sanchez, however, has refused to meet the new target, saying the country can raise its expenditure to 2.1%, “nothing more, nothing less.” Trump assailed Spain and suggested the country could be penalized by facing tariffs twice as high from the US. Today's guests: Beata Manthey, Citi European Equity Strategy Head, Carl Bildt, European Council for Foreign Relations Co-Chair & former Swedish Prime Minister, George Arison, Grindr CEO, Chuka Umunna, JPMorgan Global Head of Sustainable Solutions & EMEA Head of Green Economy Investment Banking. -------- "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. -------- 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 Jun 26, 2025
Mamdani's Rise Fuels NYC Tax Hikes, Exodus Fears
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Bloomberg Television
Mamdani's Rise Fuels NYC Tax Hikes, Exodus Fears
There is deep anxiety among the New York City elite that win for 33-year-old democratic socialist Zohran Mamdani in the mayoral election in November would lead to higher taxes and a subsequent exodus of wealthy residents from the five boroughs. “It’s officially hot commie summer,” hedge fund billionaire Dan Loeb commented on X. “This will be the end of New York City as we know it,” Wall Street headhunter Michael Nelson said. Bloomberg's Charlie Wells 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 Jun 26, 2025
Dollar Falls as Trump Ratchets Up Powell Replacement Pressure | The Opening Trade 06/26
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Bloomberg Television
Dollar Falls as Trump Ratchets Up Powell Replacement Pressure | The Opening Trade 06/26
The dollar fell and Treasury yields declined on bets that US interest-rate cuts could come sooner than expected, following a report that President Donald Trump may fast-track his pick for the next Federal Reserve chair. The moves followed a Wall Street Journal report that Trump may announce Jerome Powell’s replacement as soon as September, an unusually early appointment. The Fed unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and Shell said it has no intention of making a takeover offer for BP refuting an earlier report that two of Europe’s biggest companies were in active merger talks. 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 00:02:23 - Fed Chair Replacement 00:03:30 - Trump, Iran Talks Next Week 00:04:47 - Fed's Bank Capital Rules 00:07:14 - NATO Defense Spending Boost 00:10:57 - Mars Kellanova Takeover 00:11:28 - Shell: No BP Offer Made 00:14:17 - Trump: Spain Tariffs 'Double' 00:14:58 - Spain on NATO Spending: 'No Repercussions' 00:24:59 - Trump Wants to Replace Powell 00:27:07 - Fed: Bank Capital Rules 00:36:25 - Spain Stocks Rally 00:38:31 - Dollar, Treasuries Move 00:47:24 - Stocks to Watch, BP, Shell H&M 01:06:59 - Shell Denies BP Takover Talks 01:09:18 - H&M Outperforms 01:10:55 - Nike 'Snoafer' Shoe 01:16:19 - KKR Partner Alice Wood 01:25:33 - Mamdani Win: Wall Street Reacts 01:31:21 - NATO, Trump, Defense Spending 01:33:38 - Dollar Four-Day Losing Streak -------- 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 Jun 26, 2025
Kenya Clashes Leave Eight Protesters Dead
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Bloomberg Television
Kenya Clashes Leave Eight Protesters Dead
Protests in at least a dozen towns across Kenya left at least eight people dead in clashes with police. Thousands took to the streets to commemorate the more than 60 who died in June 2024 during protests against planned tax increases and government corruption. Bloomberg's Ondiro Oganga 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 Jun 26, 2025
No Trump Card: EU Says Tech Crackdown Isn't a US Trade Tactic
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Bloomberg Television
No Trump Card: EU Says Tech Crackdown Isn't a US Trade Tactic
The European Union’s crackdown on Apple Inc., Meta Platforms Inc., and Alphabet Inc.’s Google isn’t a bargaining chip in trade negotiations with US President Donald Trump, according to Teresa Ribera, the EU’s competition chief. In an interview with Bloomberg's Oliver Crook, Ribera rejected suggestions that enforcement of the landmark Digital Markets Act — slammed by Trump as an unfair tax on Silicon Valley — could be sacrificed as part of a deal to dodge punitive EU tariffs pitched by the White House. -------- 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 Jun 26, 2025
Trump May Name Powell Successor Early; Nvidia Hits All-Time High | Daybreak Europe 06/25/2025
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Bloomberg Television
Trump May Name Powell Successor Early; Nvidia Hits All-Time High | Daybreak Europe 06/25/2025
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 US President hinted that he may name the next Fed Chair as soon as September or October, even though Jerome Powell's term doesn't end until May 2026. The dollar fell and Treasuries rose as traders bet on lower US interest rates. Meanwhile. tech stocks got a boost after Nvidia hit an all-time high, reclaiming its place as the world's most valuable company on renewed confidence that the AI boom has further to run. Plus, Donald Trump says the US and Iran will hold talks next week, and a deal on Gaza is "very close". Today's guests: Eléonore Crespo, Pigment, Co-Founder & Co-CEO. Chapters: 00:00:00 - Daybreak: Europe 00:02:35 - Hong Kong Intervenes to Defend FX Peg as Local Currency Drops 00:03:50 - Asian Chip Stocks Rise After Nvidia's Record High 00:04:55 - Markets Weigh Trump Comments on Replacing Powell 00:06:07 - Trump May Pick New Fed Chair by October: WSJ 00:06:55 - Euro-GBP Hit Highest since 2021 00:07:46 - Fed Releases Plan to Ease Key Bank Capital Rules 00:09:03 - Trump: Will Make Spain Pay Twice as Much in Trade Deal 00:11:37 - EU Leaders to Meet for Brussels Summit 00:12:52 - Finnish President Stubb: NATO Summit was a Great Success 00:16:44 - Nvidia Rises to Record on AI Demand 00:18:10 - Nvidia Market Cap Overtakes Microsoft 00:19:10 - Micron Outlook Fials to Fuel Further Rally 00:20:45 - Inside a Shenzhen Toy Factory 00:22:30 - Xiaomu to Launch First SUB as Shares Near Record High 00:22:57 - NYC Real Estate Shares Fall After Mamdani Win 00:23:19 - Shell Denies BP Takeover Talks 00:26:18 - Trump Says US & Iran Will Talk Next Week 00:31:32 - China's Wealth Fund Retreats From Wall Street 00:33:33 - Worldline CEO: Firm 'Attacked by Media' 00:33:56 - British man Charged by US Over Company Data Hacks 00:35:46 - Eléonore Crespo, Pigment, Co-Founder & Co-CEO 00:44:44 - USD Steepest Drop in Decades -------- 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 Jun 26, 2025
Dollar and US Yields Will Diverge Further: 3-Minute MLIV
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Bloomberg Television
Dollar and US Yields Will Diverge Further: 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 00:00:04 - Three Fed Rate Cuts 00:00:39 - Fed Successor Speculation 00:01:19 - US Stock Markets vs. Rest of World 00:02:34 - Dollar, Treasury Yield Trade Inversely -------- 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 Jun 26, 2025