Here's Why

Oliver Crook, Germany Correspondent, joins Stephen Carroll to examine the fading dream of a borderless Europe. They discuss the historical significance of the Schengen Agreement and the recent reintroduction of border controls due to rising migration concerns and security issues. Crook highlights the impacts of Brexit and the Ukraine conflict on European unity. As political pressures mount, what does the future hold for free movement across the continent? The conversation unveils the tension between hopes for integration and the reality of increasing national borders.

Saleha Mohsin, a Senior Washington Correspondent at Bloomberg and author of 'Paper Soldiers', delves into the complex world of dollar dominance. She examines why countries are seeking alternatives to the U.S. dollar and the potential risks of de-dollarization for global economies. The discussion touches on China's rising influence and the challenges facing currencies like the euro and yuan. Mohsin also explores how fluctuations in dollar power could impact U.S. economic stability and the geopolitical landscape.

Like the weather, the markets have seasonal trends. January is usually good; September is bad. So how do money managers trade around these periods, and what could upset the usual expectations? Our Markets Live Managing Editor Kristine Aquino joins Stephen Carroll to discuss. See omnystudio.com/listener for privacy information.

Stephen Stapczynski, a senior energy reporter, delves into Europe's ongoing energy crisis post-Russia's invasion of Ukraine. He reveals that while gas prices have decreased from their record highs, they're still troublingly elevated. With winter approaching, concerns loom over gas supply adequacy and competition for liquefied natural gas from Asia. Stapczynski also discusses the volatility of gas prices and the difficulties Europe faces in transitioning to renewable energy, highlighting the need for strategies to stabilize the market.

Daniel Moss, a Bloomberg Opinion columnist and central bank enthusiast, dives into the celebrity-like status of central bankers in the financial world. He discusses how their words influence investor behavior and market dynamics. Moss explores the evolution of central bank communication, emphasizing the shift towards transparency. He also deciphers the nuances behind their statements, highlighting the impact of language on monetary policy perceptions. The conversation reveals how even the slightest jargon can shape economic narratives.

Rachel Evans, Managing Editor for Foreign Exchange and Rates, unpacks the carry trade strategy, where investors borrow in one currency to invest in others. She discusses recent fluctuations in the Japanese yen and their potential effects on the market. The conversation also highlights the influence of global monetary shifts and geopolitical events on carry trading strategies. Evans connects past market crises to current dynamics, emphasizing how central bank policies and market sentiment continue to shape investor strategies today.

Stuart Livingstone-Wallace, head of Middle East and North Africa coverage, dives deep into the recent surge of conflict in the region. He analyzes the critical role of diplomacy amidst escalating violence, emphasizing the delicate interplays between Israel, Iran, Hamas, and Hezbollah. Livingstone-Wallace sheds light on the formidable challenges of ceasefire negotiations in Gaza, particularly with hardline leaders complicating efforts. He also discusses the evolving role of the U.S. and Qatar as mediators, showcasing how diplomacy remains vital even in the harshest circumstances.

Wendy Benjaminson, a senior editor well-versed in political discourse, delves into Project 2025, a conservative initiative aimed at reshaping U.S. government policies. She explains how this controversial plan has sparked significant debate, especially regarding reproductive rights and immigration. The conversation highlights Trump's distancing from the project, Democratic attempts to connect him to its more extreme proposals, and the potential influence of Project 2025 on future governance if he wins the presidency.

Exploring the mainstream acceptance of cryptocurrencies with the approval of Bitcoin ETFs, the rise in investments, and the impact on the US Presidential race. Delving into the evolution of buying crypto through brokerage accounts and ETFs, and the industry shifts in price movements and institutional integration. Discussing the origins of Bitcoin, the growing acceptance by major institutions, and the potential shift towards ETFs as a primary avenue for investment.

John Liu, Executive Editor for Greater China, discusses China's economic challenges - slow growth, weak consumer spending, ongoing property slump. Despite booming exports, risks remain. Analysis on declining prices, stagnant wages, and the need for government intervention. Impact of housing bubble, President Xi Jinping's strategy, and potential tariff threats. China's 5% growth rate's global significance and implications on key industries.