Global equities edged higher ahead of a key earnings release from Nvidia, the $3 trillion stock at the forefront of the global artificial intelligence frenzy. A shakeup at HSBC moved markets, Bloomberg learned the bank’s incoming CEO is considering cutting layers of middle management when he takes charge next week and Washington’s National security advisor meets with the Chinese foreign minister in Beijing, against the backdrop of an escalating trade war and geopolitical tension
Today’s guests: Dan Scott, Vontobel; Clare Peydell-Bouverie, Liontrust; Lucy Baldwin, Citigroup; Elizabeth Ingleson, LSE
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The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – Bloomberg: The Opening Trade
00:06:47 – US Nat Sec Advisor meets China’s top diplomat
00:16:21 – Dan Scott, Vontobel Asset Mgmt Multi-Asset Head
00:25:02 – Investors bet on blowout Nvidia results
01:06:22 – Ryanair: Promotions needed to lure travelers
01:17:06 – US, China seeking to stabilize frayed ties
01:26:17 – UK pushes for new pact with Germany
01:33:13 – loomberg’s Robert Lea on Nvidia results preview
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News post in August 28, 2024, 12:04 pm.
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