Bloomberg Daybreak: Europe Edition

Carney Wins In Canada, Spain Blackout Mystery, Trump's First 100 Days

Apr 29, 2025
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INSIGHT

HSBC Profits Amid Trade Tensions

  • HSBC beat profit estimates and announced a $3 billion share buyback, despite geopolitical risks.
  • Its exposure to US-China tensions and dollar clearing makes its strong performance notable.
INSIGHT

Deutsche Bank Profits on Volatility

  • Deutsche Bank's trading unit hit record profits from market volatility caused by global uncertainty.
  • The bank remains cautious, anticipating possible future slowdowns despite strong Q1 results.
INSIGHT

Trump Eases Auto Tariffs

  • President Trump plans to ease some auto tariffs, lifting levies on foreign parts.
  • This move aims to ease industry concerns about job security and overlap of steel and car tariffs.
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