Latest news with #BloombergBrief
Bloomberg
4 hours ago
- Business
- Bloomberg
EU Races to Secure US Trade Deal; Japanese PM Suffers Election Setback
US equity futures climb ahead of a busy earnings week. The European Union and the US head into another week of intensive talks as they seek to clinch a trade deal. The Japanese yen gains against the dollar as Prime Minister Ishiba vows to lead the nation despite a historic upper house election setback. Max Kettner of HSBC says he sees the current rally going further and Amy Wu Silverman of RBC Capital Markets calls the rally "reluctant." 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Bloomberg
4 days ago
- Business
- Bloomberg
Dollar Rebounds After Trump-Powell Drama; Trump Eyes 10-15% Tariffs
Stocks edge higher and the dollar bounces following a jolt of nervousness over the future of Fed Chair Jerome Powell. President Trump says he would send letters to more than 150 countries about a potential 10-15% tariff rate. TSMC hikes its 2025 sales growth forecast to around 30% in US dollar in a boost for AI demand hopes. Deutsche Bank's George Saravelos and Sitara Sundar of JPMorgan Private Bank discuss the potential market impact of a Powell removal and what to expect from this earnings season. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Bloomberg
5 days ago
- Business
- Bloomberg
Stocks Dip Amid Tariffs; Bank Earnings Continue; Nvidia CEO in China
Stocks drop as investors face ongoing tariff tensions after President Trump signaled pharma levies may come on August 1. Kevin Hassett, Director of the National Economic Council, leads the race to be Trump's next Fed Chair. Bank of America, Morgan Stanley and Goldman Sachs are scheduled to report earnings. Paul Donovan of UBS Global Wealth Management says only half of the current tariff impact is showing up in CPI data. Michael Purves of Tallbacken Capital Advisors says he's surprised by the continued growth of capex estimates. Stephen Biggar of Argus Research says a lower rate environment could provide a tailwind for banks to grow further. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Bloomberg
11-07-2025
- Business
- Bloomberg
Trump Threatens 35% Tariff on Canada; Rubio Says Xi-Trump Summit Likely
President Trump threatened a 35% tariff on Canada and is weighing blanket rates of 15-20%. Secretary of State Marco Rubio told reporters that a summit between the US President and President Xi Jinping is likely after his meeting with his Chinese counterpart. Henry Allen of Deutsche Bank says the markets are fully justified to trade at this level. Lindsay Newman of GZero Media says we have to be cautious about US-China dialogue. 'Bloomberg Brief' delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
Yahoo
08-07-2025
- Business
- Yahoo
Meta Poaches Top AI Talent From Apple
Meta is hiring away top AI talent from Apple. Matthew Bloxham of Bloomberg Intelligence is on "Bloomberg Brief."
