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Federal Reserve’s Messaging Has Been Incredibly Hawkish: Standard Chartered

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BOJ Seen Hiking Rates in Fastest Tightening Since 1990

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“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.

Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:02:15 – BOJ expected to hike rates by 25BP
00:05:11 – Japan rate hikes put pressure on bank stocks
00:16:54 – Huawei accelerates launch of new AI chip
00:21:36 – Ed Yardeni on yen carry trade risk
00:24:12 – BREAKING: Japan Aug. core CPI rises 1.7% Y/Y; est. +1.8%
00:25:18 – Bank of America’s Izumi Devalier on BOJ decision
00:27:12 – Takaichi replaces Hayashi with Fujii as Internal Affairs Minister
00:36:28 – US AI plays see short-term call buying spree
00:38:13 – EXCLUSIVE: Gree Electric Appliances Chairwoman Dong Mingzhu on outlook
00:43:10 – Farmers criticize Australia’s migration crackdown
00:47:24 – Markets open in Japan, South Korea and Australia
00:51:10 – Amova Asset Management’s Naomi Fink on markets strategy
00:59:03 – US said to delay new tariffs
01:01:59 – Huawei AI chip roadmap extends to 2029
01:07:17 – BOJ, Fed policy divergence could pressure yen
——–
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The IPL Competition That is Playing Out on Wall Street

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India’s obsession with cricket has helped turn the Indian Premier League into one of the world’s most valuable sports leagues, attracting foreign investors like Blackstone. With only 10 teams serving a country of roughly 1.5 billion people, investors see scarcity, rising media consumption and India’s economic growth as powerful drivers of team valuations.
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JD Vance’s Yale Years Offer Clues to His Politics

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Vanity Fair contributing writer Chris Whipple spent six months examining JD Vance’s years at Yale Law School, including the influence of professor Amy Chua and previously unreported contacts in which Whipple says Vance offered Hillary Clinton’s 2016 campaign advice on defeating Donald Trump. Whipple is on Bloomberg This Weekend and discusses how his reporting traces Vance’s evolution from a prominent Trump critic to Trump’s vice president, while examining the relationships and experiences that helped shape his political career.
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Markets Brace for First US Fed Hike Since 2023

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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.

Bond traders have piled into bearish positions ahead of Wednesday’s Federal Reserve meeting, betting that the Treasury selloff driving yields to their highest in almost two decades will continue.

OpenAI is holding early talks with investors about a fresh funding round that would value company at more than $1.2 trillion ahead of an IPO. Senior Trump administration officials met Tuesday with Anthropic’s top Washington executive to discuss AI safety risks.

And Friedrich Merz cancelled his trip to the United Nations General Assembly in New York next week, changing course as the German chancellor faces growing opposition within his own conservative party ahead of closely-watched regional elections on Sunday.

Today’s guest: Luis Garicano, Rhine Group, Executive Director & London School of Economics Professor.

Chapters:
00:00:00 – Daybreak Europe
00:03:44 – Softbank CDS Hovers Near 3-Year High
00:06:22 – Bond Traders Pile Into Bearish Positions Pre-Fed
00:09:13 – OpenAI Weighs Funding Round at $1.2T Valuation
00:12:41 – Hayley McKelvey, Deloitte UK Chief AI Officer
00:19:01 – Bessent to Meet Chinese Counterpart
00:26:14 – Von Der Leyen to Give State of the Union Speech
00:32:33 – Luis Garicano, Rhine Group, Executive Director & London School of Economics Professor
00:36:29 – EU to Unveil Latest Clampdown on Big Tech
00:42:05 – UK CPI to Hit 3% in August
00:44:55 – Traders Ramp up Bets on BOE Rate Hikes
——–
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Coreweave, Super Micro Computer Earnings Fuel Global Tech Rally | Daybreak Europe 8/12/2026

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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.

On today’s show, Asian stocks rose and US equity-index futures advanced as strong earnings from technology companies Coreweave and Super Micro Computer lured investors back into the artificial intelligence trade.

Pakistan’s defense minister said the US and Iran are “close to some sort of arrangement” over the Strait of Hormuz, even after both sides appeared to toughen their positions in the long-deadlocked negotiations.

And the US CPI print is expected to show that energy-related pressures have eased after intensifying in the months immediately following the start of the Iran war.

Correction: Replaces incorrect image on graphic at 35:04

00:00:00 – Daybreak Europe
00:00:50 – Oil Gains Amid Hormuz Uncertainty
00:05:01 – Yen Inches Toward 160 Per Dollar, Raising Intervention Concerns
00:08:15 – US Inflation Expected to Slow in July
00:13:09 – Oil Extends Gain on Doubts Over Hormuz Deal
00:19:12 – Russia’s Crude Oil Shipments Plunge to the Lowest Since May
00:32:10 – Flanagan Wins Minnesota Democratic Senate Primary
00:36:33 – Tencent Faces Key AI Earnings Test
——–
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