logo
Bloomberg Daybreak Weekend: Fed Decision, Disney Preview

Bloomberg Daybreak Weekend: Fed Decision, Disney Preview

Bloomberg02-05-2025

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. - In the US – a look ahead to next week's Fed decision and earnings from Walt Disney. - In the UK – a look ahead to the challenges facing Germany's next Chancellor - In Asia – a look ahead to a look ahead to economic data in China. Stuart Paul, US Economist with Bloomberg Economics, previews next week's Fed decision. Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, previews Disney earnings. Christoph Rauwald, Germany Bureau Chief, on Germany's next Chancellor John Liu, Bloomberg News Executive Editor for Greater China, previews China eco data.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

China Boosts Credit with $204B Bond Push--But Borrowing Stays Muted
China Boosts Credit with $204B Bond Push--But Borrowing Stays Muted

Yahoo

time2 hours ago

  • Yahoo

China Boosts Credit with $204B Bond Push--But Borrowing Stays Muted

China's credit growth picked up in Maybut the momentum came from Beijing, not the private sector. The People's Bank of China reported nearly 1.5 trillion yuan ($204 billion) in government bonds were sold last month, roughly 20% higher than a year ago. That marks the third time in 2025 bond sales have topped 1 trillion yuan in a single month. The surge helped lift total aggregate financing to 2.29 trillion yuan, an increase from 2 trillion yuan in May 2024. On the ground, though, the appetite for new borrowing looks subdued. Households took out just 54 billion yuan in new loans last month, bringing the year-to-date total to 572 billion yuanthe lowest since at least 2009. New loans from financial institutions also fell, landing at 620 billion yuan, well below last year's 945 billion yuan for the same period. This comes even after the PBOC announced sweeping monetary easing in early May, including across-the-board rate cuts and liquidity moves that could inject 2.1 trillion yuan into the economy. According to Bloomberg Economics' Eric Zhu, May's numbers suggest the government is delivering on its stimulus plans, but the response from households and businesses remains cautious. For global investors watching China's recovery story, the next leg of growth may depend on whether demand strengthens beyond public-sector activity. Companies with strong exposure to the Chinese consumer, including Tesla (NASDAQ:TSLA), could be watching for early signs of a turn in private-sector sentiment. This article first appeared on GuruFocus.

China Boosts Credit with $204B Bond Push--But Borrowing Stays Muted
China Boosts Credit with $204B Bond Push--But Borrowing Stays Muted

Yahoo

time2 hours ago

  • Yahoo

China Boosts Credit with $204B Bond Push--But Borrowing Stays Muted

China's credit growth picked up in Maybut the momentum came from Beijing, not the private sector. The People's Bank of China reported nearly 1.5 trillion yuan ($204 billion) in government bonds were sold last month, roughly 20% higher than a year ago. That marks the third time in 2025 bond sales have topped 1 trillion yuan in a single month. The surge helped lift total aggregate financing to 2.29 trillion yuan, an increase from 2 trillion yuan in May 2024. On the ground, though, the appetite for new borrowing looks subdued. Households took out just 54 billion yuan in new loans last month, bringing the year-to-date total to 572 billion yuanthe lowest since at least 2009. New loans from financial institutions also fell, landing at 620 billion yuan, well below last year's 945 billion yuan for the same period. This comes even after the PBOC announced sweeping monetary easing in early May, including across-the-board rate cuts and liquidity moves that could inject 2.1 trillion yuan into the economy. According to Bloomberg Economics' Eric Zhu, May's numbers suggest the government is delivering on its stimulus plans, but the response from households and businesses remains cautious. For global investors watching China's recovery story, the next leg of growth may depend on whether demand strengthens beyond public-sector activity. Companies with strong exposure to the Chinese consumer, including Tesla (NASDAQ:TSLA), could be watching for early signs of a turn in private-sector sentiment. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump's $1 Trillion Trade Shock: Is the U.S. About to Lose Its Edge?
Trump's $1 Trillion Trade Shock: Is the U.S. About to Lose Its Edge?

Yahoo

time2 hours ago

  • Yahoo

Trump's $1 Trillion Trade Shock: Is the U.S. About to Lose Its Edge?

Trump's tariff blitz is backlouder, costlier, and this time, with fewer friends. As he heads into the G-7 summit, his trade playbook is drawing sharper pushback from allies, courts, and economists. Bloomberg Economics estimates the global economy could be $1 trillion smaller by 2030 if the current tariff regime stays in place. The U.S. alone may shoulder more than a third of that painroughly 690,000 lost jobs and a shrinking slice of global trade. Meanwhile, countries like Canada, Japan, and Mexico are leaning harder into the CPTPP, hedging against what they now see as a less dependable U.S. trade partner. The economic trade-off Trump's banking on? More factories, fewer services. Bloomberg's model suggests tariffs could deliver 1.2 million new manufacturing jobsbut potentially erase 1.6 million in the service sector. That imbalance is already showing up in slower growth forecasts. The OECD now expects just 1.6% U.S. growth in 2025, down from 2.8% in 2024. And as prices tick up and global supply chains recalibrate, major U.S. trading partnersfrom Germany to Japanare preparing for impact. While the Trump team frames this as a strategic reset, even close allies are starting to build trade routes that bypass Washington. For investors, this shift could be a game-changer. Companies with cross-border exposureespecially automakers like Ford (NYSE:F) and Tesla (NASDAQ:TSLA)may see higher input costs and pressure on margins if tariffs escalate. On the flip side, CPTPP economies like Vietnam and Mexico are gaining ground, drawing new investment and export orders that once flowed to the U.S. The bigger picture? America's withdrawal from TPP could end up as one of the most expensive political decisions in modern trade historynot just economically, but strategically. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store