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Russia-Ukraine: Trump Says Zelenskiy Should Prepare to Make Deal | Daybreak: Europe 12/17/2024

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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.
Today’s guest: Sudha David-Wilp, German Marshall Fund of US.

Chapters:
00:00:00 – Daybreak Europe
00:00:15 – Fed Seen Cutting Rates Again Tomorrow
00:04:34 – China to Target 5% Growth in 2025
00:08:33 – Lack of Breadth in Equity Rally
00:09:16 – Short Positioning in Euro
00:10:29 – Key German Election Issues
00:13:27 – German Economy Set to Shrink for Second Year
00:15:03 – Trudeau’s Government Teeters After Scathing Resignation
00:16:01 – Freeland Resigns Amid Trump Rift
00:16:36 – Calls for Trudeau to Resign
00:17:22 – Trump: Zelenskiy Should Prepare for Deal
00:19:45 – Trump: We’ll be Talking to Putin
00:23:29 – SpaceX Staff Loan Offer as Value Soars
00:27:45 – Urgent Effort to Form French Government
00:28:07 – Bank of France Cut 2025 Growth Outlook
00:31:55 – Small Businesses Finding it Hard to Find Staff in Denmark
00:40:52 – Sudha David-Wilp, Berlin office Director at the German Marshall Fund of the United States
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Can the ECB Solve France’s Debt Crisis?

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France’s fiscal crisis is helping drive the euro lower. TD Securities Head of FX Strategy Jayati Bharadwaj talks about how France is trying to keep the crisis in check and what role the ECB plays. She speaks on “Bloomberg Surveillance.”
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Americans’ Living Costs Are Top of Mind as Midterms Near

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Bloomberg’s Lisa Abramowicz breaks down the affordability issues that form the backdrop for the Nov. 3 midterm elections.
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Indonesian Stocks Tumble on MSCI Downgrade Warning

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Indonesian stocks suffered their worst rout in nearly three decades after MSCI warned the country’s emerging-market status was in jeopardy. David Ingles and Stephen Engle report.
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South Africa pushes back against US ‘White Supremacy’ agenda

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South Africa’s foreign minister Ronald Lamola describes the US administration’s views as feeding the agenda of White supremacy, and said its policy is a race-based policy executive order. https://www.bloomberg.com/news/articles/2025-11-18/g-20-on-track-despite-trump-s-absence-host-south-africa-says

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Investors Aren’t Wild About Big Tech’s AI Forecasts

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US tech giants started releasing their latest earnings this week, and AI spending plans are getting a hard look from investors. On today’s Big Take podcast, Meta’s plan to spend some $825 billion over the next decade made investors nervous but Microsoft, Alphabet and Amazon may fare better.
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