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.

Lebanon saw its deadliest day of fighting in months, heaping pressure on stalled US-Iran negotiations while Washington prepares fresh economic measures.

President Donald Trump told the Pentagon to “substantially reduce” joint military exercises with South Korea, indicating his shift was driven by frustration the longtime US ally hadn’t provided more support for his war with Iran.

And Japanese growth unexpectedly slowed in the three months through June – complicating the outlook for the Bank of Japan ahead of its rate decision next month.

Today’s guest: Frederik Ducrozet, Pictet Wealth Management, Head of Strategy & Macro Research.

Chapters:
00:00:00 – Daybreak Europe
00:01:07 – Global Stocks Futures Point Higher
00:05:47 – China’s 10-Year Yield Dips to Lowest in Over a Year
00:09:33 – US Prepares Fresh Iran Sanctions
00:12:46 – Slower Japanese Growth Complicates BOJ Picture
00:17:14 – Belgian Firefighters Battle Record Blaze
00:20:23 – Rhine River Water Level Hits Record Low
00:22:54 – Second Ceuta Border Push Falls Flat
00:25:25 – Dollar, Yields Dip as Fed Rate Hike Bets Ease
00:27:45 – Oil Swings With Lebanon Tensions & Hormuz in Focus
00:29:12 – Frederik Ducrozet, Pictet Wealth Management, Head of Strategy & Macro Research
00:34:25 – Wildberries Depot Ablaze After Ukrainian Drone Strike
00:40:39 – Asian Stocks Edge Higher, Korea on Holiday
00:44:33 – China’s Credit Demand Weakens
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Barclays said it’s cutting 5,000 jobs as part of an effort to reduce costs, adding that artificial intelligence is starting to create efficiency. That would affect about 5% of the bank’s employees, according to a presentation on Thursday. Barclays employed about 93,000 people globally at the end of 2025.

Stocks fell as megacap earnings failed to reassure investors about the rebound in the artificial intelligence trade, Chinese equities neared a bear market and escalating Middle East tensions drove oil prices higher.

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 Tom Mackenzie.

Chapters:
00:00:00 – The Opening Trade Starts: Markets Brace for Tech Earnings, Oil & European Open
00:01:15 – The Agenda: Meta and Tesla Earnings Divide the Tech Trade
00:03:12 – The Agenda: Oil Climbs as Saudi Attacks Raise Geopolitical Risks
00:05:11 – Breaking News: Barclays and Hermès Earnings in Focus
00:07:14 – Roche CEO Thomas Schinecker on Earnings, Innovation and Europe, Roche’s Cancer Drug Pipeline and Growth Potential
00:16:45 – French Bond Yields Hit 5% as Fiscal Concerns Mount
00:16:52 – Allspring Global Investment’s Henrietta Pacquement on French Bond Yields Hit 5% as Fiscal Concerns Mount, European Futures Slide Ahead of the Open
00:25:32 – SAP CFO Dominik Asam on Cloud Growth and AI Transformation, Europe Needs Less Regulation to Compete in AI
00:32:53 – Meta’s AI Investment and Tesla’s Capex Concerns, IBM and Texas Instruments Earnings
00:37:36 – Jensen Huang: Europe Needs to Embrace AI
00:38:50 – MLIV: Global Markets Sell Off as Investors Seek Safety, Alibaba Slides Amid China Regulatory Concerns
00:42:30 – Stock to Watch: Barclays, Nokia and Roche
00:45:47 – European Markets Open Lower
00:50:45 – Barclays Earnings Disappoint as Fixed Income Revenue Drops, Barclays Cuts Jobs as AI Drives Efficiencies
00:54:58 – European Tech and AI Earnings in Focus
00:59:21 – Market Movers: Hermès Tumbles on China Weakness and French Unrest
01:02:12 – Goldman Sachs’ Sharon Bell on the European Tech Trade, Where to Invest as European Growth Slows, FTSE 100 Outlook and the Impact of a Weaker Currency
01:11:15 – European Stocks Fall as Energy Outperforms
01:13:26 – Need to Know
01:14:16 – Morgan Stanley’s Amy Gower on Copper, AI and the Global Metals Outlook Indonesia’s Aluminum and Nickel Supply Boom
01:21:10 – Saudi Attacks Push Oil Prices Higher
01:25:30 – Hermès Hit by China Weakness and French Unrest
01:29:43 – What’s Driving Market Nervousness, French Bond Spreads Surge Contagion Risks Across European Debt Markets
01:34:09 – European Markets Remain Under Pressure
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Stephanie Guild, CIO of Robinhood, joins Scarlet Fu and Tom Keene on “Bloomberg Money.” They discuss how she is seeing consumers take advantage of the pullback in AI, having cash on the side to invest, and how Robinhood users can now use agentic AI agents to invest on their behalf.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Blackstone Inc. President Jon Gray pushes back against the idea that there is an AI bubble. He says demand for AI is “almost parabolic.” He speaks to Dani Burger on “Bloomberg Open Interest” about investing in AI and the firm’s third-quarter earnings results.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

In this episode of Next Africa, we dive into the continent’s fast-evolving tech landscape, from booming fintech to startups tackling Africa’s digital divide. Flutterwave CEO Olugbenga Agboola says the company is on track to achieve profitability. Optasia CEO Salvador Anglada shares how the firm aims to expand across the continent and abroad after its blockbuster IPO. Plus, we explore how Fibertime is working to close South Africa’s digital divide and Axian Group’s Hassanein Hiridjee discusses how stronger telecom infrastructure can underpin Africa’s AI-driven future.

00:00 – Bloomberg Next Africa
01:02 – Africa’s tech ecosystem
01:46 – Rwanda’s startup ecosystem
05:51 – VC investment landscape with Deepali Nangia from Speedinvest
09:21 – African startups to watch applications open
11:05 – Optasia CEO, Salvador Anglada on expansion plans
11:56 – Flutterwave CEO, Olugbenga Agboola on company’s path to profitability
15:56 – Fibertime’s path to connect South Africa’s townships
20:18 – Axian’s Group CEO Hassanein Hiridjee on investing in African infrastructure
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTech
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source