Fed Chair Jerome Powell signals another rate cut is coming later this month, as investors weigh renewed trade tensions between the US and China.
French Prime Minister Sebastien Lecornu boosts his chances of surviving this week’s no confidence votes, after dropping plans to raise the pension age.
Elsewhere, ASML shares rise after it said the artificial intelligence boom is fueling demand for its cutting-edge chip-making machines.
Today’s guests: Ursula Marchioni, EMEA Head of Investment and Portfolio Solutions at BlackRock, Charlotte de Montpellier, Senior Economist at ING, Andy Kuper, Leapfrog Investments CEO.
Chapters:
00:00:00 – The Pulse
00:01:16 – Trump Threatens China Cooking Oil
00:03:12 – ASML Orders Beat Expectations Amid AI Investment Boom
00:06:32 – Ursula Marchioni, EMEA Head of Investment and Portfolio Solutions at BlackRock
00:07:20 – Markets Rattled by US-China Trade Worries
00:13:16 – Villeroy: France Needs to Reduce Fiscal Deficit
00:17:32 – Charlotte de Montpellier, Senior Economist at ING
00:21:00 – French Bonds Have Best Day Since July
00:26:24 – Andy Kuper, Leapfrog Investments CEO
00:34:00 – LVMH Sees Encouraging China Demand
00:43:12 – Split Performance for Bank Stocks
00:46:05 – Fed’s Powell Signals Another Rate Cut
——–
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