Marker 01

Marker 02

Marker 03

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.

1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance.

2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral.

3) In Asia: The Biden administration’s decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis marks an unusual concession to Beijing’s complaints over US trade restrictions. 

4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year.

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.
1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...<a href="https://www.bloomberg.com/news/articles/2023-11-13/nvidia-upgrades-processor-as-rivals-challenge-its-ai-dominance">Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance.</a>
2) In the UK: <a href="https://www.bloomberg.com/news/articles/2023-11-17/uk-chancellor-has-wafer-thin-room-for-tax-cut-analyst-says">Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement.</a> Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral.
3) In Asia: The Biden administration’s <a href="https://www.bloomberg.com/news/articles/2023-11-17/us-removal-of-chinese-lab-from-entity-list-marks-rare-reversal">decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis</a> marks an unusual concession to Beijing’s complaints over US trade restrictions. 
4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, <a href="https://www.bloomberg.com/news/articles/2023-11-17/biden-signs-bill-averting-shutdown-teeing-up-2024-budget-battle">averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year.</a>

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Bloomberg Daybreak: Asia Edition

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/334b91aa-f845-4097-af3f-b0bd00f183ac/transcript

Advertisement