Monday, January 13, 2025

#investment #finance - US Sanctions on Russia & Dimon Says Tariffs Can be a 'Useful Tool' | Daybreak: Europe 01/13/2025: Bloomberg

13 January 2025

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.

On today's show, Asian stocks fell with European and US equity futures as traders trimmed bets on the Fed interest-rate cuts after Friday's payroll data. Oil hit its highest in more than 4 months after the US announced fresh sanctions on Russia's energy industry. And traders in the options markets are preparing for the pound to tumble as much as 8 percent, following last week's selloff across UK markets. The pricing will be unwelcome news for Chancellor Rachel Reeves, as she returns from her trip to China.

Today's guest: Alexandra Ivanova, Fixed Income Fund Manager at Invesco & Julian Fisher, Chair of the British Chamber of Commerce in China.

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