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Bloomberg Daybreak: Europe Edition
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Emmanuel Macron Meets Xi Jinping in Beijing
Cleveland Fed President Loretta Mester says interest rates should not just go above 5% but that they should stay there for some time. Emmanuel Macron will meet with Xi Jinping in Beijing during a three-day visit to China starting today. Bernard Aunner's fortune topped $200 billion for the very first time according to the Blue Bags billionaire index. LVMH's stock price is at a record after announcing last month that it would buy back as much as $1.6 billion of its own shares. It took an average of 35 days now to agree a sale of a UK home last month, up from 28 days in March 2022.
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