Olaf Scholz Opposes UniCredit’s Bank Merger, Israeli Strikes Hit Lebanon | The Opening Trade 09/24

German Chancellor Olaf Scholz has come out against a UniCredit takeover of Commerzbank after the Italian lender said it was raising its stake from about 9 per cent to 21 per cent. Israel launched airstrikes across southern Lebanon, killing nearly 500 people marking one of the deadliest days of fighting in nearly two decades. China’s central bank unveiled a broad package of monetary stimulus measures, underscoring mounting alarm within Xi Jinping’s government over slowing growth.
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 – Intro
00:01:01 – The Agenda: Germany Backs Commerzbank, China Stimulus, Israeli Airstrike
00:12:35 – UniCredit Raises Stake in Commerzbank
00:24:03 – Rain Newton-Smith’s View on Upcoming UK Budget
00:33:39 – Liquid Alternatives Summit: Kepler’s Matthew Barrett
00:46:07 – European Market Open, Stocks to Watch: Raspberry Pi, Admiral Grourp, Swatch
01:03:14 – Liquid Alternatives Summit: AQR Capital’s Clif Asness
01:12:11 – Tensions Rise Between Germany and Italy
01:28:08 – Africa’s Richest Man Aliko Dangote on Oil, Energy Subsidies
01:31:29 – Israel Strikes on Lebanon Kills Hundreds
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