Bloomberg Daybreak: Europe Edition

James McIntyre, Bloomberg economist for Australia and New Zealand, on hotter-than-expected Australian inflation and RBA choices. Paul Jackson, EcoGov editor for Japan/Koreas, on the snap Japanese election and fiscal and defense stakes. Tommaso Ebhart, Milan bureau chief, on Milano Cortina 2026 logistics and economic boost. Michael McKee, international economics correspondent, on US labor data and Fed implications. Mandeep Singh, tech research head, on big tech earnings, cloud growth and chip dynamics.

Charles Daly, Sweden bureau chief covering the Wallenberg family succession. Daniel Moss, opinion columnist on Fed nominations and macro policy. They discuss Kevin Warsh as a likely Fed chair pick and market reactions. They outline US military options against Iran and the risks involved. They explore the Wallenberg family's $40B succession and corporate influence in Sweden.

Vlad Savov, technology editor who analyzes major tech earnings and semiconductor trends. He breaks down why hyperscalers are pouring money into AI and how chipmakers are benefiting. He also contrasts market reactions to big AI bets and explains the surge in memory and hardware demand.

Jack Ryan, Bloomberg precious metals reporter who covered Tether’s massive physical gold purchases and storage. Julie Rand (Shuli Wren), Bloomberg Opinion columnist on markets and macro. They explore a falling dollar and its market ripple. They discuss gold’s record surge and the ‘debasement trade’. They explain how reserve shifts and bullion hoards reshape global finance.

Interview highlights a UK-China trip framed as business opportunity without forcing a US-China choice. The EU and India near a landmark trade pact to deepen economic ties. Trump threatens steep tariffs on South Korea, stirring global trade uncertainty. Gold rockets above $5,000 as investors flee to safe havens. A Border Patrol commander exits amid backlash after deadly incidents in Minneapolis.

Suzanne Lynch, Brussels bureau chief covering European defense and NATO, and Tiwa Adebayo, reporter on US politics and immigration. They discuss the Minnesota shooting's political fallout and how it reverberates in Washington. They cover gold's dramatic rally past $5,000 and currency market moves. They debate Europe’s defense quandary, NATO talks, and efforts to build autonomy from US reliance.

Ellen Milligan, UK political correspondent focused on Starmer’s China trip and UK domestic politics. Vlad Savov, tech editor reporting from Hong Kong on Apple sales, supply chains and semiconductors. Michael McKee, international economics reporter covering Fed policy, inflation and labor market signals. They discuss Starmer’s Beijing visit, Apple and memory-chip strains, and the Fed’s stance and data-driven risks.

Tiwa Adebayo, a journalist specialized in biomedical developments, shares insights on the revolutionary potential of llama-derived nanobodies, highlighting significant industry investments. Meanwhile, Tony Halpin, a senior reporter on Russia's economy, discusses the recent high-stakes talks between US and Russian envoys about a potential peace deal regarding Ukraine, emphasizing the unresolved territorial issues. Both guests provide a captivating look at these complex global topics.

President Trump has backed off on tariffs against Europe, claiming progress toward a Greenland deal, sparking stock market rallies. Putin is ready to use frozen Russian assets to help rebuild Ukraine post-war. UK business leaders show mixed support for Keir Starmer while eyeing Nigel Farage's Reform UK. In football, English teams have dropped out of Deloitte’s Money League top four for the first time in 29 years, with analysis on why European clubs still out-earn Premier League teams. AI chatbots are now helping workers edit sensitive communications.

Oliver Crook, Chief Europe Correspondent for Bloomberg, shares keen insights into the geopolitical landscape. He discusses President Trump's contention that the EU will keep investing in the US despite tariff threats over Greenland. Crook highlights the European response, examining their strategic mix of diplomacy and strong rhetoric. He also analyzes the market's reaction to these tensions, noting how investors are urging the Trump administration for stabilization. Lastly, he addresses the escalating online feud between Elon Musk and Ryanair's CEO.