Bloomberg Daybreak: Europe Edition Nvidia’s UK AI Bet, Trump & Xi To Hold Call, $1T 'Hedge America' Trade
Sep 19, 2025
Rosalind (Ros) Matheson, Bloomberg's Chief Asia Correspondent, dives into critical global issues. Nvidia's ambitious £2 billion AI investment in the UK marks a significant shift in tech strategy. She also discusses the historic state visit between Trump and Starmer, emphasizing their newfound cooperation. A pivotal call between Trump and Xi could reshape TikTok's future and ease trade tensions. Plus, the Bank of England’s policy adjustments hint at a dramatic shift in economic strategy, sparking market reactions.
AI Snips
Chapters
Transcript
Episode notes
Bank of England Reworks QT Approach
- The Bank of England slowed its gilt runoff from £100bn to £70bn and kept rates at 4%.
- Governor Andrew Bailey said gilt sales' market impact will be considered when setting bank rates, signalling active QT management.
TikTok Deal Frames US-China Call
- Trump and Xi scheduled a phone call to discuss TikTok, potential US ownership arrangements, and trade issues.
- As described, ByteDance would keep under 20% while US investors like Oracle and Silver Lake take majority stakes.
Trump Frames TikTok Deal As Big Win
- The proposed TikTok transaction would involve US investors paying significant fees and owning the US operation.
- Trump described it as a "fee plus" and emphasized ownership by 'very legitimate' American companies.