Bloomberg Daybreak: Asia Edition

Topics discussed include Palestinian Authority's plan for Gaza, tensions in Ukraine, slow progress in climate change agreements, criticism of OPEC, South China Sea clashes, strong US jobs data, Larry Summers' views on Fed decision, resignation at University of Pennsylvania, campus investigations, Macy's buyout offer, insurance merger abandoned, China's GDP goal, and Federal Reserve meeting and rate cut speculation.

Chair of the Federal Reserve, Jerome Powell, joins Tom Busby to discuss upcoming Federal Reserve policies. The podcast also covers central bank meetings in the UK and Europe, the struggles of the Chinese economy, and expectations for Congress in the new year.

The podcast discusses the upcoming US employment report and concerns about rate hikes. It also covers Tesla's Dojo project head departure, Broadcom's slow sales growth, and the US-Mexico investment screening agreement. The podcast highlights the US-Taiwan trade agreement, China-EU relationship, and the strengthening of Russia-Iran ties. It mentions Broadcom's earnings report, AI outlook, and the connection to their acquisition of VMware.

Wall Street bank CEOs reject regulator proposals to increase capital requirements claiming it will hinder economic growth and burden Americans. AMD unveils new MI 300 Accelerator Chip for AI development. Other topics include Moody's downgrading Chinese banks, Italy exiting Belt and Road initiative, tensions between Washington, Brussels, and Beijing, national security, politics, technology, and the impact of Basel 3N on US banks and European competitors.

This podcast discusses the cooling labor market and Moody's credit outlook for China. It also focuses on the Federal Reserve's credibility and financial conditions, the US economy and market response, the decline in job openings and volatility in Treasuries, and the differences between Fed predictions and market moves.

OPEC's decision to cut oil production and Goldman Sachs' projection of aggressive Fed rate cuts are discussed. Global news topics include Mark Zuckerberg's shares sale, Spotify's workforce cut, and China's criticism of the US. Skepticism and challenges in OPEC Plus supply cuts are explored, along with the dynamics of the oil market and the market actions taken by the US and OPEC.

Listen to today's top stories, with context, in just 15 minutes. Subscribe and rate our podcast here:Apple: https://podcasts.apple.com/us/podcast/bloomberg-daybreak-asia/id1663863437Spotify: https://open.spotify.com/show/0Ccfge70zthAgVfm0NVw1bTuneIn: https://tunein.com/podcasts/Asian-Talk/Bloomberg-Daybreak-Asia-Edition-p247557/?lang=es-es See omnystudio.com/listener for privacy information.

Reports of crimes targeting Jews, Muslims and Arabs have risen around the world in since the Oct. 7 Hamas attack on Israel, and the Israeli military’s retaliatory operation in Gaza. While previous conflicts in the Middle East also sparked a backlash outside the region, this time it is more intense and the wave of hate may be far from cresting, according to advocacy groups, former law enforcement officials and analysts. In this Bloomberg Radio special report, Stephen Carroll examines how these communities are confronting a global surge in hate speech and hate crimes.See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) In the US, Economists expect the November unemployment print, due out Dec. 8, to increase to 4% as unemployed workers take longer to find new jobs. 2)  In the UK, we'll get fresh data on the number of new car registrations in the coming days.  The sector has shown some signs of recovery recently, but manufacturers are still battling against a challenging post Brexit environment including painful tariffs on electric vehicles.  3) In Asia, The EU has said it does not want to decouple from China but rather, to de-risk parts of the relationship. So with a summit coming up between the two blocs, how might China and the EU navigate their dialogue on improving their trade relationship?  4) In Washington, CEOs of the biggest banks on Wall Street, including JPMorgan, Citigroup, Goldman Sachs, Morgan Stanley and Bank of America, expected to testify on regulatory oversight to the Senate banking committee.See omnystudio.com/listener for privacy information.

Listen to today's top stories, with context, in just 15 minutes. Subscribe and rate our podcast here:Apple: https://podcasts.apple.com/us/podcast/bloomberg-daybreak-asia/id1663863437Spotify: https://open.spotify.com/show/0Ccfge70zthAgVfm0NVw1bTuneIn: https://tunein.com/podcasts/Asian-Talk/Bloomberg-Daybreak-Asia-Edition-p247557/?lang=es-es See omnystudio.com/listener for privacy information.