Harris Accepts Nomination at DNC, Stocks Rise Ahead of Powell’s Speech | The Opening Trade 08/23

Kamala Harris accepts the Democratic presidential nomination in Chicago and vows to fight for the middle class. The Opening Trade has everything you need to know as markets open across Europe. The Yen climbs as a hawk-ish BoJ’s Governor signals he won’t back off from hiking rates. Nestle SA Chief Executive Officer Mark Schneider is the latest consumer-goods boss to be shown the door as companies struggle to coax shoppers back to premium brands after a period of high inflation. The markets focus now turns to Jackson Hole and Fed Chair J Powell’s key speech. Bloomberg starts special coverage at 2pm London time. 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 Guy Johnson and Kriti Gupta.

Chapters:
00:00:00 – Intro
00:00:01 – The Agenda: DNC, Boj’s Ueda, Powell at Jackson Hole
00:14:53 – HSBC Private Banking `& Wealth CIO Previews Jackson Hole
00:23:35 – BOJ’s Ueda Signals Rate Hike Still Possible
00:36:37 – Nestle Replaces CEO Schnieder
00:45:37 – European Market Open
01:04:20 – Laurent Freixe Named New Nestle CEO
01:11:39 – Kamala Harris Accepts Democatic Nomination
01:23:58 – Flying Cars, The Race to a Trillion-Dollar Air Taxi Industry
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