Bloomberg Daybreak: Europe Edition

Hamas Leader 'Killed' in Iran, BOJ Rate Hike & Reeves Confirms Tax Hikes

Jul 31, 2024
Ismail Haniyeh, the political leader of Hamas, reportedly killed in an airstrike in Tehran, ignites concerns over escalating violence in the Middle East. The assassination raises alarms about the potential for Iranian retaliation. Meanwhile, the Bank of Japan unveils an interest rate hike and plans to cut back on bond purchases, signaling a shift toward monetary normalization. In the UK, worries about upcoming tax increases loom as the Chancellor outlines plans for the October Budget, leaving many anxious about economic impacts.
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