Bloomberg Daybreak: Europe Edition cover image

Fed Pauses, PBOC Cuts, ECB To Hike, Plus Another London IPO Scrapped

Bloomberg Daybreak: Europe Edition

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The PBOC's Fiscal Stimulus and Beyonce's Macro Data

The PBOC cut their MLF rate by 10 basis points widely expected based on the cut they did in a smaller interest rate at the earlier this week. The one clear trade has been that the one has weakened almost in a straight shot nearly 4%, which for a managed currency like the Chinese Yuan that doesn't happen very often. It's just rather if they change to fiscal stimulus, will there also be some upside for Chinese equities? Okay. Our market supporter Valerie Zaitel. Thank you very much for that. Up next, BlackRock's AI pipe dream and Beyonce's macro data in a box to the left.

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