Bloomberg Daybreak: Europe Edition Daybreak Weekend: Jobs Report, European Banking, China's Technology Battle
Aug 30, 2025
Join Michael McKee, Bloomberg's International Economics and Policy Correspondent, and Shuli Ren, a Hong Kong-based Bloomberg Opinion columnist, as they dissect the increasingly complex economic landscape. They delve into the upcoming US jobs report and its implications for the Federal Reserve amid inflation concerns. The duo further explores the resurgence of European banking, fueled by deregulation and geopolitical dynamics. Finally, they analyze China's tech stock rally and its interplay with global markets, highlighting the intense competition with the US.
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Deregulation And Deals Top Bankers' Agenda
- Bankers want deregulation and dealmaking to free capital for lending to growth sectors.
- Simplification of rules is pitched as a way to lend more into renewables, defense and tech.
Profitability Rebound Explains Bank Stock Gains
- European bank performance owes to reversal from prolonged negative rates that crushed profitability.
- Recent gains are amplified by prospects for public spending and sector-specific tailwinds.
Tariffs Are Chief Risk Officers' Main Concern
- US tariffs are the top risk European bank chief risk officers are watching for borrower stress.
- Tariffs could both harm exporters and create new lending opportunities for onshoring investment.