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Gold Extends Losses, HSBC Cuts Dozens of Jobs | The Opening Trade 05/27
1:35:50
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Bloomberg Television
Gold Extends Losses, HSBC Cuts Dozens of Jobs | The Opening Trade 05/27
Gold extended declines as the dollar swung to a gain and demand for haven assets cooled, with investors also weighing prospects for improving trade relations between the US and the EU. HSBC has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter. 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 00:01:32 - Largarde: Bigger Role for Euro 00:04:47 - Japan Bond Yields Fall 00:07:14 - Trump Extends EU Tariff Deadline 00:08:28 - US 'Revenge Tax' Bill 00:12:36 - HSBC Cuts Dozens of Analysts 00:16:17 - Trump Tariffs: EU to 'Fast Track' Trade Talks 00:25:31 - Japan's Ueda on Bond Issuance 00:28:54 - BOJ Eyeing More Rate Hikes 00:41:38 - Long-End Bonds in 'Bear Market' 00:45:07 - Iron Ore Demand Watch 00:47:19 - Stocks to Watch: Defense, Mining, Banks 01:07:09 - HSBC Massive Job Cuts 01:09:18 - BYD Outsells Tesla in Europe 01:12:39 - No Range Limits on Ukraine Strikes: Merz 01:16:11 - Trump Considering Russia Sanctions 01:27:06 - UniCredit CEO on Generali 01:28:57 - Tariffs: EU Trade Talks -------- 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 27, 2025
Merz Says Ukraine Can Strike Deep in Russia, BYD Beats Tesla in Europe | Bloomberg The Pulse 05/27
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Bloomberg Television
Merz Says Ukraine Can Strike Deep in Russia, BYD Beats Tesla in Europe | Bloomberg The Pulse 05/27
German Chancellor Friedrich Merz said Ukraine has been given permission to use weapons supplied by its allies to launch strikes deep inside Russia. “There are absolutely no range limits anymore for weapons delivered to Ukraine, not from Britain, the French or from us — also not from the Americans,” Merz said at a conference in Berlin on Monday. “That means Ukraine can defend itself by attacking military positions also in Russia.” The US has previously approved the deployment of Army Tactical Missile Systems, known as ATACMS, in border regions with Russia. The UK meanwhile approved Ukraine’s use of Storm Shadow cruise missiles on deeper targets. Germany had long refused to deliver the long-range Taurus cruise missile, though Merz has expressed approval of its use. In the markets, bonds rallied worldwide after Japan indicated it’s looking to stabilize its debt market after weeks of rising yields. The dollar bounced back. In corporate news, Tesla's European sales roughly halved in April to just 7,261 units, with its market share continuing to erode despite a refreshed lineup. The decline suggests Chief Executive Officer Elon Musk’s controversial politics and association with US President Donald Trump are hurting the brand’s popularity. China’s BYD sold more EVs than Tesla in Europe for the first time last month, according to market researcher Jato Dynamics. Today's guest: Karen Ward, JPMorgan Asset Management EMEA Chief Market Strategist, Greg Jackson, Octopus Energy CEO, Adam Posen, Peterson Institute for International Economics President __________________ "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 00:01:19 - EU to Focus on Critical Sectors in Bid to Avoid Trump’s Tariffs 00:06:22 - EU Plans to ‘Fast Track’ Trade Talks With US Amid Tariff Fight 00:08:13 - Karen Ward, JPMorgan Asset Management EMEA Chief Market Strategist 00:10:53 - Merz Gives Ukraine Green Light to Strike Deep Inside Russia 00:13:56 - Ueda Indicates BOJ Is Still Eyeing More Rate Hikes, Boosting Yen 00:16:11 - Japanese Bonds Surge on Bets That Government May Tweak Issuance 00:19:03 - Tariffs Diminish Dollar Appeal 00:22:10 - NatWest Gets Ready for Life After UK Government Ownership 00:25:49 - Rutte: NATO Moving Toward 5% Target 00:29:56 - Greg Jackson, Octopus Energy CEO 00:38:57 - Hong Kong Bourse Plans to Start Zero-Day Options in 2026 00:42:52 - Adam Posen, Peterson Institute for International Economics President -------- 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 27, 2025
HSBC Job Cuts: UK Bank Culls Dozens of Analysts
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Bloomberg Television
HSBC Job Cuts: UK Bank Culls Dozens of Analysts
HSBC has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter. Those affected by the move include Steven Major, HSBC’s Dubai-based global head of fixed income research, the people said, asking not to be identified discussing confidential information. Bloomberg's Steven Arons 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 27, 2025
Long-End Bonds in Structural Bear Market: 3-Minute MLIV
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Bloomberg Television
Long-End Bonds in Structural Bear Market: 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 00:00:06 - US Stocks Futures Higher 00:01:09 - Trump Reverse EU Tariffs Decision 00:01:35 - Euro Outperforming US Dollar 00:02:46 - Euro-Dollar Next Move -------- 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 27, 2025
BYD Surpasses Tesla In Europe & EU To ‘Fast Track’ US Trade Talks | Daybreak Europe 05/27/2025
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Bloomberg Television
BYD Surpasses Tesla In Europe & EU To ‘Fast Track’ US Trade Talks | Daybreak Europe 05/27/2025
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, Japanese bonds led a global rally on bets that the Asian nation is considering cutting its debt issuance. The dollar rebounded. Japan's 20-year bond yield slid after Bloomberg News reported the nation's finance ministry asked market participants for their views on the appropriate amount of government debt issuance. Treasuries rallied. The EU says it will accelerate negotiations with the US to avoid a transatlantic trade war days after President Donald Trump criticized the bloc for taking advantage of the US and slow-walking talks. European car sales dropped in April amid weaker economic growth and uncertainty due to global trade tensions that prompted consumers to hold off on larger purchases. BYD outsold Telsa in Europe. Meanwhile, Chancellor Friedrich Merz says Germany is no longer imposing range restrictions on weapons supplied to Ukraine, bringing it into line with the US and UK. It comes as Kyiv's western allies attempt to intensify pressure on Russia after it launched its biggest drone barrage against Ukraine since the full-scale invasion over three years ago. Chapters: 00:00:00 - Daybreak: Europe 00:01:54 - Japanese Bonds Rally on Optimism for Borrowing Cut 00:02:08 - Japan 20-Year Yield Extends Drop On MOF 00:03:26 - Ueda Indicates BOJ Eying More Hikes 00:07:09 - EU Plans To 'Fast Track' US Trade Talks 00:11:49 - Europe New-Car Sales Slip in August 00:13:58 - BYD Outsells Tesla In Europe 00:14:04 - Tesla Europe Sales Roughly Halved In April 00:18:10 - Xi Mulls New Made-In-China Plan 00:21:11 - Chinese, EU Trade Heads To Meet In June 00:22:28 - Dozens Injured In Liverpool Car Attack 00:22:49 - UK Food Inflation 00:23:11 - King Charles Arrives In Canada 00:26:20 - Japanese Bonds Rally 00:28:24 - Lagarde Sees Bigger Role For Euro 00:30:44 - OPEC+ Brings Meeting Forward By 1 Day 00:32:35 - Merz: No Range Limits On Ukraine Strikes 00:34:56 - Rutte: NATO Moving Toward 5% Target 00:38:29 - Meta Goes MAGA 00:44:05 - Trump Threatens to Steer Harvard Grant Money to Trade Schools -------- 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 27, 2025
Can The Euro And Yuan Challenge The Dollar?
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Bloomberg Television
Can The Euro And Yuan Challenge The Dollar?
President Trump’s determination to disrupt the global financial order continues to sour investor sentiment toward the US dollar. Both the EU and China are seeing an opportunity to make their currencies more important to global trade. Bloomberg's Haslinda Amin discusses the possibility of King Dollar being dethroned with PWC Partner & Chief Economist Alexis Crow. -------- 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/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 27, 2025
What's Zuckerberg Getting From His Shift Toward Trump?
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Bloomberg Television
What's Zuckerberg Getting From His Shift Toward Trump?
Mark Zuckerberg, the chief executive officer of Meta Platforms Inc., seems to have taken actions to make the company more Trump-friendly. Since November, Zuckerberg has already had a string of postelection get-togethers with Donald Trump and made multiple trips to Mar-a-Lago in Florida. Meta also donated $1 million to the inauguration, and Zuckerberg co-hosted a black-tie reception that evening in Trump’s honor. Bloomberg's Charlie Wells discuss this and what this means for Zuckerberg and Meta. -------- 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 27, 2025
How Australia Plans to Fix Its Poor Productivity
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Bloomberg Television
How Australia Plans to Fix Its Poor Productivity
The Australia Productivity Commission says the country's productivity growth is at its "lowest ebb in 60 years" and has identified 15 priority reforms. The commission is seeking input on changes for areas such as corporate tax, carbon targets and student results. Deputy Chair Alex Robson discusses the initiatives on Bloomberg Television. -------- 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/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 27, 2025