On today's episode, we look at the forces driving China's recent tech rally with Jason Lui, Head of APAC Equity & Derivative Strategy at BNP Paribas. Plus - a discussion on how a newly proposed round of tariffs from US President Donald Trump may move global markets with Jim Thorne, Chief Market Strategist at Wellington-Altus Private Wealth.

On today's episode, we look at the forces driving China's recent tech rally with Jason Lui, Head of APAC Equity &amp; Derivative Strategy at BNP Paribas. Plus - a discussion on how a newly proposed round of tariffs from US President Donald Trump may move global markets with Jim Thorne, Chief Market Strategist at Wellington-Altus Private Wealth.

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.

Examining China's Recent Tech Rally

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/93a7033e-13a1-4d83-a9cc-b28900319287/transcript

The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row but signaled that it may leave rates unchanged in the coming months. The dollar had its worst day in nearly three months after Federal Reserve Chair Jerome Powell highlighted labor market risks and downplayed inflation concerns. For more on what this means for the emerging markets debt space, we heard from Jeff Grills, head of US cross markets and emerging markets debt at Aegon Asset Management. 

Plus- Asian equities echoed gains on Wall Street after the Federal Reserve cut interest rates and Chair Jerome Powell voiced optimism that the US economy will strengthen as the inflationary impact from tariffs fades away. For her outlook on the Fed's decision and the overall market outlook, we heard from Christina Woon, Portfolio Manager at Eastspring Investments. She spoke to Bloomberg's David Ingles and Annabelle Droulers.

The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row but signaled that it may leave rates unchanged in the coming months. The dollar had its worst day in nearly three months after Federal Reserve Chair Jerome Powell highlighted labor market risks and downplayed inflation concerns. For more on what this means for the emerging markets debt space, we heard from Jeff Grills, head of US cross markets and emerging markets debt at Aegon Asset Management.&nbsp;
Plus- Asian equities echoed gains on Wall Street after the Federal Reserve cut interest rates and Chair Jerome Powell voiced optimism that the US economy will strengthen as the inflationary impact from tariffs fades away. For her outlook on the Fed's decision and the overall market outlook, we heard from Christina Woon, Portfolio Manager at Eastspring Investments. She spoke to Bloomberg's David Ingles and Annabelle Droulers.

Asia Stocks Advance as Fed Rate Cut Lifts Mood

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/edbf7d12-31d7-46f3-97a0-b3b000242c24/transcript

Donald Trump's decision to allow Nvidia Corp. to sell advanced chips to China marks more than just a shift in US tech policy. It also raises questions about how far he'll go to steady ties with Xi Jinping. The Republican leader granted America's most-valuable company permission on Tuesday to export its high-end H200 chip to China, watering down years of US national security safeguards. While he pledged Nvidia's top products would remain off bounds, the move gives China access to semiconductors at least a generation ahead of its best technology. For more on the AI story and the overall outlook on the Chinese Economy, we spoke to Chi Lo, Global Market Strategist, BNP Paribas Asset Management.

Plus - Wall Street had a sluggish session as investors awaited clues on the Federal Reserve's policy path in its final interest rate policy of the year. Traders are anticipating a third consecutive Fed rate cut Wednesday, while the focus will be on the central bank's latest dot plot, economic projections and comments from Chair Jerome Powell. We spoke to JoAnne Bianco, Senior Investment Strategist at BondBloxx. 

Donald Trump's decision to allow Nvidia Corp. to sell advanced chips to China marks more than just a shift in US tech policy. It also raises questions about how far he'll go to steady ties with Xi Jinping. The Republican leader granted America's most-valuable company permission on Tuesday to export its high-end H200 chip to China, watering down years of US national security safeguards. While he pledged Nvidia's top products would remain off bounds, the move gives China access to semiconductors at least a generation ahead of its best technology. For more on the AI story and the overall outlook on the Chinese Economy, we spoke to Chi Lo, Global Market Strategist, BNP Paribas Asset Management.
Plus - Wall Street had a sluggish session as investors awaited clues on the Federal Reserve's policy path in its final interest rate policy of the year. Traders are anticipating a third consecutive Fed rate cut Wednesday, while the focus will be on the central bank's latest dot plot, economic projections and comments from Chair Jerome Powell. We spoke to JoAnne Bianco, Senior Investment Strategist at BondBloxx.&nbsp;

China Growth Outlook, Investors Await the Fed Decision

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/270e05d8-1a1a-42d8-8341-b3af0028d733/transcript

President Donald Trump granted Nvidia Corp. permission to ship its H200 artificial intelligence chip to China in exchange for a 25% surcharge, a move that lets the world's most valuable company potentially regain billions of dollars in lost business from a key global market. The decision was announced by Trump in a post on his Truth Social network, capping weeks of deliberations with advisers about whether to allow H200 exports to China. Trump said he informed Chinese President Xi Jinping about the move and that Xi had responded favorably. He added that shipments would only go to "approved customers," and that chipmakers such as Intel Corp. and Advanced Micro Devices Inc. would also be eligible. The move represents a victory for Nvidia in its push to get Trump and Congress to relax export controls that have kept the company from selling its AI chips to the world's largest semiconductor arena. Chief Executive Officer Jensen Huang has forged a close relationship with Trump since the November 2024 election and has used those ties to make his case that restrictions only boost Chinese domestic champions like Huawei Technologies Co. For an outlook on the market reaction, we heard from Fabien Yip, Market Analyst at IG International. She spoke to Bloomberg's Shery Ahn and Avril Hong.

Plus - Australian Prime Minister Anthony Albanese reminded social media companies that they will be held responsible when a ban on children having accounts takes effect on Wednesday. Under the crackdown, the first of its kind among the world's democracies, platforms including TikTok and Instagram will be required by law to block under-16s from holding accounts or face fines of up to A$49.5 million ($33 million). For more on Australia's social media move, we heard from Terry Flew, Professor of Digital Communication & Culture at the University of Sydney. He spoke to Bloomberg's Shery Ahn and Avril Hong.

President Donald Trump granted Nvidia Corp. permission to ship its H200 artificial intelligence chip to China in exchange for a 25% surcharge, a move that lets the world's most valuable company potentially regain billions of dollars in lost business from a key global market. The decision was announced by Trump in a post on his Truth Social network, capping weeks of deliberations with advisers about whether to allow H200 exports to China. Trump said he informed Chinese President Xi Jinping about the move and that Xi had responded favorably. He added that shipments would only go to "approved customers," and that chipmakers such as Intel Corp. and Advanced Micro Devices Inc. would also be eligible. The move represents a victory for Nvidia in its push to get Trump and Congress to relax export controls that have kept the company from selling its AI chips to the world's largest semiconductor arena. Chief Executive Officer Jensen Huang has forged a close relationship with Trump since the November 2024 election and has used those ties to make his case that restrictions only boost Chinese domestic champions like Huawei Technologies Co. For an outlook on the market reaction, we heard from Fabien Yip, Market Analyst at IG International. She spoke to Bloomberg's Shery Ahn and Avril Hong.
Plus - Australian Prime Minister Anthony Albanese reminded social media companies that they will be held responsible when a ban on children having accounts takes effect on Wednesday. Under the crackdown, the first of its kind among the world's democracies, platforms including TikTok and Instagram will be required by law to block under-16s from holding accounts or face fines of up to A$49.5 million ($33 million). For more on Australia's social media move, we heard from Terry Flew, Professor of Digital Communication &amp; Culture at the University of Sydney. He spoke to Bloomberg's Shery Ahn and Avril Hong.

Nvidia Can Sell H200 Chips to China, Australia's Social Media Experiment

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7ba33d31-49da-40ea-8c75-b3ae00197ff4/transcript

Examining China's Recent Tech Rally

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