Bloomberg Daybreak: Asia Edition Daybreak Weekend: Jobs Preview, Poland Election, Trump Tariffs
10 snips
Nov 29, 2024 In this discussion, Piotr Skolimowski, Bloomberg's Warsaw bureau chief, shares insights on Poland's upcoming presidential election, highlighting Prime Minister Donald Tusk's campaign strategies and implications for EU relations. He explores the key candidates' backgrounds and the shifting political landscape as Poland prepares for its influential role in the EU. The conversation also touches on the potential effects of Trump's tariffs on global trade dynamics, revealing how these factors intertwine with Poland's future and its economic ambitions.
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November Jobs Report Outlook
- The November jobs report, due Friday, is expected to show a rebound from October's dismal numbers.
- The report's impact on the Fed's December meeting hinges on unemployment rate changes.
Oil Market Stability
- Oil prices have remained stable between $70-75 since mid-October.
- Increased refinery capacity and higher production from various countries contribute to this stability.
Poland's Presidential Election
- Poland's presidential election in May 2025 is crucial for the ruling party's legislative agenda.
- The president's veto power has hindered Prime Minister Tusk's efforts to reverse judicial changes.