Business
UK Latest: Sunak Dealt a Double Defeat in By-Elections
Rishi Sunak’s Conservative Party suffered two thumping electoral defeats in different corners of England, underlining the struggle he faces to win over voters ahead of a national vote expected next year. Lizzy Burden reports on Bloomberg Television.
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Russia’s military spending is on track to hit a record this year after Vladimir Putin added almost $60 billion to the costs set out in the budget. Greg Sullivan explains.
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Business
Stocks & Bonds Rally, Oil Falls after US and Iran Agree to Interim Deal | Bloomberg Brief 6/15/2026
US stocks and bonds rally while oil falls to a three-month low after the US and Iran agree to an interim deal to end the war and reopen the Strait of Hormuz. Sam Riggall, CEO of Sunrise Energy Metals discusses rare earths as the G7 summit kicks off. Kelsey Berro of JPMorgan Asset Management looks ahead to the rate decision this week under new Fed chair Kevin Warsh.
Chapters:
00:00:00 – Bloomberg Brief
00:00:49 – Global Market Check
00:11:52 – Trending on the Terminal
00:13:51 – Sam Riggall, Sunrise Energy Metals CEO
00:20:05 – Front Page News
00:27:33 – Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager
00:34:18 – Trending on the Terminal
00:40:07 – What to Watch
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Bloomberg Fed and Economy Reporter Enda Curran explains why inflation still stings despite cooling from pandemic-era highs. Tariffs, energy costs and AI demand are pushing prices up, while relief in a few categories is limited. He also discusses the Fed’s 2% target and the credibility risks of changing it.
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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.
US equity-index futures declined along with Asian stocks as enthusiasm for the artificial-intelligence trade cooled after driving markets to record highs this year.
There was no sign of progress in ceasefire talks between the US and Iran after the worst burst of violence in weeks and as the Tehran-backed Hezbollah militia on Thursday rejected a US-brokered truce in Lebanon.
And Ukrainian President Volodymyr Zelenskyy proposed peace talks to Russian leader Vladimir Putin in a rare and combative open letter, as efforts to end more than four years of war gained momentum.
Chapters:
00:00:00 – Daybreak Europe
00:01:12 – US Futures, Korean Stocks Drop as AI Mania Fades
00:04:20 – Investors Rotate Away from Tech Stocks
00:09:42 – US-Iran Talks Progress Stalls After Hezbollah Rejects Truce
00:15:41 – Private Credit Rebounds After Redemption Selloff
00:18:41 – Broadcom: Less Focused on M&A Amid AI Boom
00:22:23 – Gulf Nations Look to Alternative Oil Export Routes
00:25:58 – Gold Declines on US-Iran Uncertainty
00:29:44 – Zelenskyy Proposes Peace Talks in Letter to Putin
00:30:22 – Western Aid Cuts Hollow Ebola Response
00:39:07 – S&P Denies SpaceX, Other Mega IPOs Fast Index Entry
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Bloomberg’s Prashant Gopal joins Scarlet Fu on “Bloomberg Real Yield.” US mortgage rates were unchanged in the past week, offering little relief to a housing market battered by the return of 7% borrowing costs.
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@techtinkerin
December 20, 2023 at 10:28 pm
General election
@tomparker7342
December 20, 2023 at 10:28 pm
Who cares its still wef, when are we jailing sunak and boris ? Thats all we wont to know
@sidali2590
December 20, 2023 at 10:28 pm
Rishi sunak is a disgrace
@lw1zfog
December 20, 2023 at 10:28 pm
Ritchy WEF doing the 6UILD 6ACK 6ETTER
@user-ge5to8fp7b
December 20, 2023 at 10:28 pm
Tax Dodger and mr bean moron
@happymelon7129
December 20, 2023 at 10:28 pm
Now it’s time for the new PM to visit museums in London, and to identify which artifacts were stolen from India, and try to ship it back to rightful owner before being forced to resign.
@happymelon7129
December 20, 2023 at 10:28 pm
Should make use of his position to return those artifacts stolen from India
@monkeyboy8424
December 20, 2023 at 10:28 pm
Voters remembered Sunak's BIG LIE to Britain about "government integrity, professionalism and accountability at every level" – 25/10/22.
@Lucky-om6jm
December 20, 2023 at 10:28 pm
A massive victory for common sense in Uxbridge
@Lucky-om6jm
December 20, 2023 at 10:28 pm
Also, a setback for Starmer if we are being honest
@globalinvestor7481
December 20, 2023 at 10:28 pm
Win in Uxbridge is a good for conservatives
@omarsamer504
December 20, 2023 at 10:28 pm
🤡 🤡 🤡
@songsmith31a
December 20, 2023 at 10:28 pm
How many parties in government do well in by-elections in late periods of office in power…precious few, I''ll
wager. The Tories have exacerbated their own situation by their self-destructive behaviour of recent years
but there's still time to offer the electorate reasons to believe that things can be improved between now and
the next general election. But I'm not holding my breath!
@dianeglanville
December 20, 2023 at 10:28 pm
sunak is a nasty peace of work
@markw1413
December 20, 2023 at 10:28 pm
A man who printed £500 billion to give us inflation after an unnecessarily long lockdown which ruinned the economy. Then, to rub our noses in it, he allowed over a million migrants in to the country against the democratic wishes of the people and contrary to manifesto promises. If that is not Nasty Dictatorial behaviour then what is ? This man stinks.
@glennnielsen8054
December 20, 2023 at 10:28 pm
In my opinion, Sunak is one of the few heads of state who can be trusted to work for the good of the country. He deserves better in my eyes.
@AmitKumar-tg7of
December 20, 2023 at 10:28 pm
Lovely lizzie!
@8pap8
December 20, 2023 at 10:28 pm
What is by-election?
@richarddelaney9593
December 20, 2023 at 10:28 pm
The spawn of Saul Alinsky, George Soros and Klaus Schwab.
@adiadindas
December 20, 2023 at 10:28 pm
Sunak is not democratically elected, no wonder. Keep in mind it is Boris Johnson that lead Conservative to win a landslide win one of the best in the history.
@fritobandito5374
December 20, 2023 at 10:28 pm
An unelected Indian man serves as Prime Ministers of the UK and is campaigning on more leftist policies than Labour. Tony Blair is back in charge of the Labour party and out flanking the Tories with right wing rhetoric. It is going as expected. Welcome a technocratic neofeudalism soon, Britain.
@Darren-fm3pe
December 20, 2023 at 10:28 pm
You'll never going to stop denying me my crown, and other countries are making me better offers, so I'll go and prove that what is left of The Crown Jewels belongs to me as wel.
This would leave The UK a republic and being as most in UK are happy to call themselves The Public derived from the word republic. The Public is what you are!
@hieronymusjacabusprincepso5060
December 20, 2023 at 10:28 pm
UK politicians are following USA like poodles and the Brits don't like it.
@heileopold6122
December 20, 2023 at 10:28 pm
Tory MPs are the only ones who think they can win the next election.
@kunalnichani1
December 20, 2023 at 10:28 pm
Why is Joe Saldana reporting on Bloomberg??
@praveenspike
December 20, 2023 at 10:28 pm
When the war ends then the economy will recover till then 0 hope.