On today's episode, we preview the Chinese Communist Party's 'Two Sessions' meetings and the impact they may have on the country's economy with Shehzad Qazi, COO and Managing Director at China Beige Book International. Plus - with US President Donald Trump's long-awaited tariffs set to take effect, we take a look at the broader market landscape with Patrick Kennedy, Founding Partner at AllSource Investment Management.

On today's episode, we preview the Chinese Communist Party's 'Two Sessions' meetings and the impact they may have on the country's economy with Shehzad Qazi, COO and Managing Director at China Beige Book International. Plus - with US President Donald Trump's long-awaited tariffs set to take effect, we take a look at the broader market landscape with Patrick Kennedy, Founding Partner at AllSource Investment Management.

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.

China's 'Two Sessions' Kick Off Ahead of Trump Tariff Barrage

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/20343fb6-713f-438e-81fe-b296002385f0/transcript

President Donald Trump announced Israel and Iran had agreed to what he called a “complete and total” ceasefire, easing fears that a conflict between the two adversaries might escalate. Trump, who made the surprise announcement on his Truth Social platform days after ordering airstrikes on Iran’s nuclear facilities, said the accord would begin around midnight US time and is aimed at a lasting end to the fighting. Iranian Foreign Minister Abbas Araghchi said in a tweet afterward that while there is no ceasefire agreement, his country had no intention to keep responding to Israeli attacks after 4:00 a.m. Tehran time. We break down the headlines with Joe Mathieu, co-host of Bloomberg Radio and Television’s Balance of Power. 

Oil slumped and stocks rallied after Trump announced the ceasefire, spurring optimism the worst of the Middle East conflict is over. Global benchmark Brent crude tumbled almost 5% in early Asian trading after the surprise comment. S&P 500 futures rose 0.5%, while key stock indexes advanced in Japan, Hong Kong and Australia. The news damped demand for haven assets with the dollar weakening against all its Group-of-10 peers and gold dropping. Bloomberg’s Jill Disis speaks with our TV colleagues, Yvonne Man and David Ingles, in Hong Kong. 

Plus - we look at how all the day’s news may play into the Federal Reserve’s inflation outlook. We get market insights from Ross Mayfield, Investment Strategist at Baird.

President Donald Trump announced Israel and Iran had agreed to what he called a &ldquo;complete and total&rdquo; ceasefire, easing fears that a conflict between the two adversaries might escalate. Trump, who made the surprise announcement on his Truth Social platform days after ordering airstrikes on Iran&rsquo;s nuclear facilities, said the accord would begin around midnight US time and is aimed at a lasting end to the fighting. Iranian Foreign Minister Abbas Araghchi said in a tweet afterward that while there is no ceasefire agreement, his country had no intention to keep responding to Israeli attacks after 4:00 a.m. Tehran time. We break down the headlines with Joe Mathieu, co-host of Bloomberg Radio and Television&rsquo;s Balance of Power.&nbsp;
Oil slumped and stocks rallied after Trump announced the ceasefire, spurring optimism the worst of the Middle East conflict is over. Global benchmark Brent crude tumbled almost 5% in early Asian trading after the surprise comment. S&amp;P 500 futures rose 0.5%, while key stock indexes advanced in Japan, Hong Kong and Australia. The news damped demand for haven assets with the dollar weakening against all its Group-of-10 peers and gold dropping. Bloomberg&rsquo;s Jill Disis speaks with our TV colleagues, Yvonne Man and David Ingles, in Hong Kong.&nbsp;
Plus - we look at how all the day&rsquo;s news may play into the Federal Reserve&rsquo;s inflation outlook. We get market insights from Ross Mayfield, Investment Strategist at Baird.

Oil Slides, Stocks Gain as Israel-Iran Ceasefire Remains in Flux

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9716373b-1508-4139-b642-b306002a8529/transcript

Oil surged after the US struck Iran's three main nuclear sites and threatened further attacks, exacerbating a crisis in the Middle East and stoking concerns that energy supplies from the region could be disrupted. The US assault — which targeted sites at Fordow, Natanz, and Isfahan — dramatically raises the stakes in the confrontation by increasing the premium that traders are pricing into the global energy market. The extent of the gains will hinge on how Tehran opts to respond to the US moves. For more on the burgeoning conflict, we hear from former US Ambassador to the United Nations, John Bolton. He speaks with Bloomberg's Joe Mathieu and Kailey Leinz.

Plus - US stock index futures slid ahead of the Asia session following those weekend strikes in Iran. S&P 500 futures opened nearly 1% lower before paring their loss, while contracts on the Nasdaq 100 fell nearly 1.3%. We get market insights from Gene Goldman, Chief Investment Officer at Cetera Financial Group.

Oil surged after the US struck Iran's three main nuclear sites and threatened further attacks, exacerbating a crisis in the Middle East and stoking concerns that energy supplies from the region could be disrupted. The US assault &mdash; which targeted sites at Fordow, Natanz, and Isfahan &mdash; dramatically raises the stakes in the confrontation by increasing the premium that traders are pricing into the global energy market. The extent of the gains will hinge on how Tehran opts to respond to the US moves. For more on the burgeoning conflict, we hear from former US Ambassador to the United Nations, John Bolton. He speaks with Bloomberg's Joe Mathieu and Kailey Leinz.
Plus - US stock index futures slid ahead of the Asia session following those weekend strikes in Iran. S&amp;P 500 futures opened nearly 1% lower before paring their loss, while contracts on the Nasdaq 100 fell nearly 1.3%. We get market insights from Gene Goldman, Chief Investment Officer at Cetera Financial Group.

World Braces for Iran's Response After US Strikes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/835ed911-0d77-4dc7-9791-b3050005aacf/transcript

US equity futures moderated declines early Friday as President Donald Trump weighs whether to back Israel militarily in its conflict with Iran. Contracts for the S&P 500 were down around 0.3% from Wednesday's close in early Asia hours, compared with a 0.9% drop on Thursday when US markets were closed for the Juneteenth holiday. While traders were offered some short-term clarity as the White House said Trump will decide within two weeks whether to strike Iran, the remarks did little to resolve broader uncertainty around potential US involvement and the risk of renewed energy-driven inflation. For more on what's ahead, we heard from Maria Rost Rublee, Professor of International Relations at the University of Melbourne. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts.

Markets were already on edge after the Federal Reserve downgraded its estimates for growth this year and projected higher inflation. As projected, Fed officials held rates steady at their policy meeting this week. We get some analysis from David Laut, Chief Investment Officer at Abound Financial.

US equity futures moderated declines early Friday as President Donald Trump weighs whether to back Israel militarily in its conflict with Iran. Contracts for the S&amp;P 500 were down around 0.3% from Wednesday's close in early Asia hours, compared with a 0.9% drop on Thursday when US markets were closed for the Juneteenth holiday. While traders were offered some short-term clarity as the White House said Trump will decide within two weeks whether to strike Iran, the remarks did little to resolve broader uncertainty around potential US involvement and the risk of renewed energy-driven inflation. For more on what's ahead, we heard from Maria Rost Rublee, Professor of International Relations at the University of Melbourne. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts.
Markets were already on edge after the Federal Reserve downgraded its estimates for growth this year and projected higher inflation. As projected, Fed officials held rates steady at their policy meeting this week. We get some analysis from David Laut, Chief Investment Officer at Abound Financial.

US Futures Pare Losses as Trump Weighs Iran Role

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/95f03b87-2a8e-4e61-bc57-b302000e94b3/transcript

China's 'Two Sessions' Kick Off Ahead of Trump Tariff Barrage

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