Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Netflix and a focus on three bank stocks for the week ahead. In the UK – a look ahead to the next election in Hungary. In Asia – a look ahead to Spain Prime Minister Pedro Sanchez's trip to China. See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump said he was “optimistic” about a deal with Iran but later threatened Tehran over charging fees in the Strait of Hormuz, as Israeli strikes in Lebanon and the continued closure of the vital waterway jeopardized diplomatic talks. (2) After almost six weeks of war, how did Pakistan manage to get the US and Iran to talk? Mishal Hussain join us to discuss her interview for Maleeha Lodhi. She has served as Pakistan’s ambassador to Washington, as well as to the UK and United Nations. Listen to the full conversation on the Mishal Hussain Show(3) Saudi Arabia has lost more than half a million barrels a day of oil output capacity because of Iranian attacks while a key pipeline that bypasses the Strait of Hormuz was also hit, ratcheting up risks to global energy supplies from the war in the Middle East.(4) The White House sent an internal staff-wide email that warned employees against using confidential information to place trades on financial markets and fast-growing event betting platforms.(5) Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk.(6) Italian Prime Minister Giorgia Meloni ousted the chief executive officer of Leonardo SpA, the state-backed aerospace and defense contractor, while retaining CEOs at energy firms Eni and Enel.(7) Wars in the Middle East and Ukraine are reshaping investor risk perceptions, highlighting Africa as more resilient than its reputation suggests.Podcast Conversation: Do You Too Have a Fear of Not Flying?See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Israel launched its largest assault on Lebanon since the start of its invasion, escalating the campaign against Iran-backed Hezbollah even after the US announced a ceasefire in the wider Middle East conflict.(2) The White House announced the US would hold direct talks with Iran even as continued fighting in the Middle East, punctuated by Israeli strikes in Lebanon, threatened to derail the fragile ceasefire in the six-week conflict(3) Iranian President Masoud Pezeshkian called on Europe to play an “effective” role in supporting lasting stability and security in the region and to pressure the US and Israel to adhere to their commitments and counter any violations to the ceasefire agreement, in a phone call with French President Emmanuel Macron.(4) The US wants specific commitments from European allies on their pledge to help secure the Strait of Hormuz after the fighting in Iran stops, requesting that the countries present concrete plans to ensure navigation through the waterway within days, according to a senior NATO official.(5) President Donald Trump lashed out at NATO after meeting with the military alliance’s secretary general, Mark Rutte, making clear that his anger over the organization’s stance on the Iran war remained acute.Podcast Conversation: AI Doomsday Hype Is Marketing's Dark Arts at Work: Parmy OlsonSee omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US and Iran agreed to a two-week ceasefire expected to halt the American-Israeli military campaign, in exchange for Tehran reopening the Strait of Hormuz, portending a temporary de-escalation while broader tensions may remain unresolved.(2) Oil plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that’s expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz. (3) Shipowners are rushing to understand the fine print of a US-Iran ceasefire that could temporarily unblock the Strait of Hormuz and open an exit for more than 800 vessels trapped in the Persian Gulf.(4) A swelling wave of redemptions has driven Moody’s Ratings to revise its outlook for private credit investment vehicles to negative, after holding the line at stable for over two years. (5) Vice President JD Vance went to Budapest to criticize the European Union for allegedly meddling in the Hungarian election. Then he endorsed Viktor Orban as a model of leadership for the continent days before the make-or-break vote.See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump insisted that freedom of navigation through the Strait of Hormuz be part of any deal to end the Middle East war and escalated threats to obliterate key Iranian infrastructure if his terms aren’t met before a Tuesday deadline. (2) By warning that the US would deliberately bomb civilian infrastructure in Iran and effectively bring the country to its knees if officials there don’t reopen the Strait of Hormuz, President Donald Trump drew criticism that he was threatening to commit war crimes. His comments also raised questions about whether he could ever be punished for such conduct.(3) Britain will host a meeting of allied military officers to discuss plans for securing the Strait of Hormuz as Donald Trump’s deadline for Iran to reopen the waterway looms.(4) Five European Union members urged the bloc to tax windfall profits energy ​companies are reaping as a result of the US-Israeli war on Iran.(5) Rivals OpenAI, Anthropic PBC, and Alphabet Inc.’s Google have begun working together to try to clamp down on Chinese competitors extracting results from cutting-edge US artificial intelligence models to gain an edge in the global AI race.(6) NASA’s four Artemis astronauts swung behind the moon and are headed home, in a journey that shattered space travel distance records and brought people the closest they’ve been to the lunar surface in more than 50 years.Podcast Conversation: Injured US Airman in Iran Used Boeing Device to Signal Rescuers See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings for Delta Airlines and a focus on 3 stocks for the week ahead. In the UK – a look ahead to the new tax year in the UK. In Asia – a look ahead to China CPI and PPI data. See omnystudio.com/listener for privacy information.

On this special Good Friday Holiday edition of Bloomberg Daybreak, host John Tucker discusses: Big bank earnings with Bloomberg Intelligence Senior US Banks Analyst Herman Chan and Bloomberg Intelligence Financials Analyst Neil Sipes A year after Elon Musk set out to slash jobs at the IRS, the agency is struggling to meet demands amid a busy filing season. For more, we hear from Bloomberg Law Reporter Erin Slowey. Well you may be seeing a little less of the candy this Easter.. That's because  sales are projected to drop.. For details, we speak with Bloomberg's Diana Rosero-Pena. See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump said the war in Iran is “very close” to completion, even as he said the US plans to launch fresh attacks on the country within the next two to three weeks.(2) In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing overhead, it could finally sail safely out through the Strait of Hormuz and into the open ocean — escorted by the Iranian Navy.(3) European allies are skeptical Donald Trump will actually pull the US out of NATO. But they still fear the president’s renewed threats to do so are eroding the military alliance at a precarious moment.(4) The war in Iran prompted a record surge in the price of petrol and diesel in the UK last month, adding to pressure on Prime Minister Keir Starmer to step in to help motorists.(5) NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years.Podcast Conversation: A 12,000-Mile Journey Shows the World’s Scramble for DieselSee omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump said he foresaw ending the war on Iran within two to three weeks, suggesting the US had largely accomplished its military goals and would leave it to other nations to resolve issues with the Strait of Hormuz.(2) US President Donald Trump called on other nations to wrest control of the Strait of Hormuz as Iran maintained missile fire across the Persian Gulf, expressing his frustration that the monthlong war remains unresolved.(3) Europe is expected to have enough jet fuel to avoid shortages in April, according to people directly involved in the aviation fuel market. But that situation could change in May, as the conflict in the Middle East continues to rock global energy markets.(4) Christine Lagarde used an audience of high-level Group of Seven officials to challenge Treasury Secretary Scott Bessent’s optimism that the Iran war’s economic fallout will be short-lived, according to people familiar with the matter.(5) UK Prime Minister Keir Starmer sought to draw attention to how his government is helping Britons with the rising cost of living, even as he faces growing pressure to announce further support because of the economic effects of the Iran crisis.(6) OpenAI has completed a deal to raise $122 billion from investors at an $852 billion valuation, marking the company’s largest funding round to date by far and bolstering its costly push for more chips, data centers and talent.(7) American astronauts last set foot on the moon in 1972. More than half a century later, NASA is preparing to take a big step toward returning.Podcast Conversation: King Charles to Go Ahead With US Visit Despite Trump SpatSee omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Oil fluctuated after the Wall Street Journal reported that US President Donald Trump told aides he’s willing to end the military campaign in Iran even if the vital Strait of Hormuz remains largely closed.(2) An Iranian drone hit a fully laden Kuwaiti oil tanker off Dubai early on Tuesday in one of the most significant attacks on a vessel in a month of war, pushing oil prices higher and heightening tension around the vital Strait of Hormuz.(3) Iran is pushing the Houthis to prepare for a renewed campaign against Red Sea shipping, contingent upon any further escalation by the US in its war on the Islamic Republic, according to European officials familiar with the matter.(4) Secretary of State Marco Rubio said the US may need to reassess its relationship with NATO after the Iran war is finished, calling the military alliance’s alleged lack of support during the Middle East conflict “very disappointing.”(5) China’s factory activity expanded for the first time this year despite higher energy prices and disruptions caused by the escalating conflict in the Middle East.(6) UK shoppers should brace for a wave of price increases, the retail industry warned as a survey taken immediately after the outbreak of the US-Iran war found higher energy costs had yet to filter through to household budgets.(7) Russia’s main security agency is expanding its sweeping surveillance powers, deepening the state’s reach into economic and social life to suppress any risk of dissent to President Vladimir Putin. See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump said that Iran “gave” the US most of the 15 demands it issued to Tehran to end the war, even as it remains unclear whether either side is negotiating.(2) Attacks in the Middle East conflict extended into a fifth week Sunday, with Israel striking Tehran and Saudi Arabia intercepting almost a dozen drones, a day after Yemen-based Houthi militants entered the war.(3) Oil advanced as Iran-backed Houthi militants in Yemen entered the Middle East war and more US troops arrived in the region, raising fears the widening conflict will cause further chaos for energy markets.(4) UK Chancellor of the Exchequer Rachel Reeves will urge Group of Seven partners to boost domestic energy supplies and warn the recent surge in oil and gas prices is playing into Vladimir Putin’s hands.(5) French authorities detained two new suspects in connection with a foiled bombing near the Bank of America  office in Paris, which officials have said is likely linked to the conflict in the Middle East.(6) Once a global hub for entry-level jobs, London is now the epicenter of a growing youth joblessness crisis that is threatening to blight the futures of hundreds of thousands of people and fuel a backlash against Prime Minister Keir Starmer’s Labour government in key municipal elections in just over a month.Podcast Conversation: America Is Depleting a Bigger Weapon Than Missiles: Max HastingsSee omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the March jobs report in the U.S and a focus on 3 stocks for the week ahead. In the UK – a look ahead to the upcoming South Africa Investment Conference. In Asia – a look ahead to South Korea shareholder meetings.  See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump again pushed back his deadline for Iran to strike a deal with the US or face more attacks, saying talks with the country were going “very well.” Sources have told the Wall Street Journal that the US is considering sending up to 10,000 additional ground troops to the Middle East.(2) UK Prime Minister Keir Starmer suggested he won’t be bullied by Donald Trump in a further demonstration of how the US president’s war on Iran has frayed the so-called special relationship between their two countries.(3) Britons are saving more and cutting back on big-ticket items in an effort to ride out the economic fallout from the Iran conflict, according to a closely watched survey.(4) European Central Bank President Christine Lagarde warned of complacency in assessing the fallout of the conflict in the Middle East, according to an interview with The Economist.(5) Bond traders, spooked by the prospect of the conflict in Iran escalating further, are looking to hedge against worst-case war outcomes that could force the Federal Reserve to raise interest rates in coming weeks.(6) Consumers are responding to one of the largest disruptions in global oil markets by embracing low-carbon technologies that promise to lower gas and power bills. For many, the conflicts in Iran and Ukraine have driven home a harsh reality: the only path to energy security is going electric.(7) London urgently needs more housing. The city’s population has increased by over half a million in the decade through 2023, bringing it to around nine million, yet homebuilding has fallen dramatically. Bloomberg's Damian Shepherd explains why.Podcast Conversation: Amazon Offers Drivers Prizes to Say Why They Love Their JobSee omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The White House insisted that peace talks with Iran are ongoing, even as Tehran publicly rejected US overtures and issued fresh conditions of its own to end the conflict that’s wreaked havoc across the Middle East and global markets.(2) Even as Donald Trump pushes for talks to end the war against Iran, the US has ordered thousands of troops to the region, fueling fears that the president is gearing up for exactly the sort of risky ground invasion that he once campaigned against.(3) Bloomberg's strategic energy team, BNEF, says the price of Brent crude could top $154 a barrel if the Strait of Hormuz remains closed until mid-June.(4) The Italian government is set to cut its economic growth forecast, reflecting a hit from the war in the Persian Gulf.(5) The threat of surging inflation has knocked UK consumer confidence to the lowest level recorded under Keir Starmer’s Labour government.(6) A landmark jury verdict holding Meta Platforms and Alphabet’s Google liable for harming a young user with products designed to be addictive threatens to put the social networking companies in the same category as Big Tobacco and opioid makers — a potential crack in their shield from legal responsibility for what happens on their platforms.(7) Slovakia became the world’s biggest per capita car producer along with the Czech Republic because of demand from auto companies for cheaper, skilled labor. Now war is turning the tiny nation into a critical ammunition powerhouse.Podcast Conversation: The ‘Don Tzu’ Solution to Ending the Iran WarSee omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US has drafted a 15-point plan intended to help bring the war with Iran to a close, according to people familiar with the matter, highlighting the intensifying urgency within the Trump administration to resolve the conflict as the economic toll mounts.(2) The Trump administration has ordered the 82nd Airborne Division to deploy about 2,000 soldiers to the Middle East, a person familiar with the matter said, as the White House weighs options to ease Iran’s chokehold on the Strait of Hormuz.(3) Iran said foreign ships are allowed to cross the Strait of Hormuz, as long as they aren’t supporting acts of aggression against the country and follow regulations put in place by Tehran.(4) The Kremlin is earning the most from its oil exports since just after the 2022 invasion of Ukraine as it cashes in on the war in the Middle East, boosting crude flows amid soaring prices and eased sanctions.(5) Danish Prime Minister Mette Frederiksen’s party won a closely contested election by pledging stability in global turmoil, setting the stage for difficult coalition talks to secure a third term in power.(6) Italian Premier Giorgia Meloni called on Tourism Minister Daniela Santanche to resign as she attempts to clean house after a defeat in a key referendum this week, in a sign of growing turmoil within her government.(7) The trading hub Yiwu provides a small glimpse of the existential threat a prolonged war may pose to China. A collapse of global demand will dent the economy’s only bright spot — exports that the government has counted on to help meet its annual growth targets.Podcast Conversation: NASA to Spend $20 Billion on Moon Base, Create Mars Craft See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Oil resumed gains — paring a steep drop from Monday — on concern that other nations may be drawn into the Middle East war.(2) Donald Trump’s decision to back down from his threat to destroy Iran’s power infrastructure came after US allies and Gulf countries privately warned the president of the dangers of following through with his threat, according to people familiar with the matter.(3) The supply shockwaves from the US and Israel’s war in Iran are spreading across the global economy, raising concerns about an inflation hit to companies and consumers that will require policymakers to raise borrowing costs.(4) UK prime minister Keir Starmer said he is looking at wider measures to support Britain’s economy through the Iran crisis as he prepares to chair an emergency meeting on the economic impact of the conflict.(5) The European Union and Australia agreed to a free-trade deal, wrapping up almost a decade of talks as the two sides push to tighten ties and reinvigorate a rules-based order that’s under assault from the Trump administration.Podcast Conversation: Trump’s Wild, 5-Minute Rally Sends Clear Message to Wall StreetSee omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A selloff in stocks, gold and bonds deepened as the US and Iran hardened their rhetoric and signaled a potential escalation to their conflict, which is entering its fourth week.(2) US President Donald Trump gave Iran a two-day deadline to reopen the Strait of Hormuz or have its power plants bombed, upping the ante in a war now in its fourth week with no sign of de-escalation.(3) UK Prime Minister Keir Starmer will hold an emergency meeting with his top ministers and Bank of England Governor Andrew Bailey on the Iran crisis on Monday, as the clock ticks on President Donald Trump’s two-day deadline to open the Strait of Hormuz.(4) Chancellor Friedrich Merz’s party dislodged the Social Democrats from power after 35 years in a southwestern German state, notching a win for a conservative leader struggling to gain nationwide traction among voters.(5) Socialist Emmanuel Gregoire was on course to win the race for Paris mayor on Sunday, extending the left’s quarter-century hold on the French capital.Podcast Conversation: Why the Great Unraveling Will Be So Hard to Stop: Clive CrookSee omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Alexis Christoforous take a look at some of the stories we'll be tracking in the coming week. In the US – a look at to what we can expect for  mortgage rates in 2026. In the UK – we preview Denmark's upcoming snap elections In Asia – a discussion on what we can expect when EV maker BYD releases earnings See omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Oil dropped from its highest close since July 2022, as the leaders of the US and Israel sought to reassure investors rattled by damage to major Persian Gulf energy facilities.(2) Iran’s latest attack on Qatar, which severely damaged the world’s largest liquefied natural gas export facility, will cost the country’s state energy company about $20 billion of lost revenue.(3) The European Union is bracing for a protracted energy price shock after Iran crippled a vital Qatar gas plant, raising the prospect of a years-long supply crunch.(4) European Central Bank policymakers would be ready to raise interest rates as soon as their next meeting should fallout from the war in Iran push inflation too far above target, according to people familiar with the situation.(5) The Bank of England said it “stands ready to act” against a surge in inflation triggered by war in the Middle East, prompting traders to ramp up bets on an interest-rate hike as soon as next month.Podcast Conversation: Traders Overwhelmed by Iran News Are Turning to AI for HelpSee omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) European natural gas prices surged after Iranian missile strikes caused damage to the world’s largest liquefied natural gas export plant, stoking concerns about prolonged tightness in global supplies.(2) A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” amid a sharp escalation of attacks on energy facilities across the Persian Gulf.(3) President Donald Trump pressed for a de-escalation of attacks on Middle East energy assets after Iranian and Israeli strikes on major gas hubs jolted global markets.(4) Federal Reserve officials left interest rates unchanged and continued to expect one rate cut this year as they acknowledged increased uncertainty due to war in the Middle East.(5) The Bank of Japan kept its policy rate unchanged as uncertainty surrounding the Middle East conflict clouds the economic outlook, while also pledging to raise borrowing costs if its price forecast materializes.(6) The Bank of England may respond more aggressively than expected to soaring energy prices since war broke out in the Middle East because its internal models assume a large and long-lasting impact on inflation.(7) UK unemployment held steady and employers hired more staff in early signs that the labor market may be stabilizing ahead of the Bank of England’s interest-rate decision later today.Podcast Conversation: Iran’s Hormuz Blockade Leaves Stranded Crews Braving Missiles and Signal JammingSee omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) US President Donald Trump abandoned his effort to recruit partners for the war with Iran and scolded allies who openly rejected his appeals, even as he repeated claims the conflict would end soon.(2) Europe is learning how to say “no” to Donald Trump over his war in Iran. Nearly three weeks into the expanding conflict, European leaders have stopped equivocating and started outright telling the US president they won’t help his campaign with Israel.(3) Israel’s killing of Ali Larijani, a veteran Iranian politician known for his pragmatism and long experience helming national security, leaves the Islamic Republic’s wartime leadership largely in the hands of hardliners who may be less likely to seek a diplomatic pathway out of the war.(4) Oil dropped as Iraq signed a deal to resume exports via Turkey that avoid the Strait of Hormuz, and as the US stepped up efforts to force the reopening of the key waterway.(5) Artificial intelligence won’t necessarily lead to job cuts in Europe and may benefit companies in the region, according to Bundesbank President Joachim Nagel.(6) Chancellor of the Exchequer Rachel Reeves said she is drawing up plans to give regional leaders in the UK control of some national tax revenues as part of her push to raise economic growth across Britain.Podcast Conversation: Why a $1,000 Jacket Puts Designer Todd Snyder at the Sweet SpotSee omnystudio.com/listener for privacy information.

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Iran stepped up attacks on energy infrastructure around the Persian Gulf and set a massive gas field ablaze, adding more pressure to an increasingly fraught global fuel supply situation.(2) President Donald Trump reiterated his appeals for other nations to help secure the Strait of Hormuz, saying Iran was nearly obliterated even as the war keeps roiling oil markets and global shipping.(3) President Donald Trump requested a delay to his summit with Chinese leader Xi Jinping for about a month, saying it was important for him to remain in Washington to oversee the Iran war.(4) European natural gas prices will be a whopping 40% higher than previously projected for 2026 and will stay elevated through 2027 as the Iran war and closure of the Strait of Hormuz set off a supply shortfall, according to a report from HSBC.(5) Default rates in direct lending will climb to 8% as advances in artificial intelligence continue to disrupt the software industry, according to Morgan Stanley.(6) Nvidia Chief Executive Officer Jensen Huang, addressing crowds at the company’s biggest annual event, unveiled a variety of new products while predicting that its flagship AI processors would help generate $1 trillion in sales through 2027.Podcast Conversation: Ireland Woos Trump in St. Patrick’s Day Charm OffensiveSee omnystudio.com/listener for privacy information.