Global stock markets tumbled as concerns about a US economic slowdown intensified. Traders ramped up bets that the Federal Reserve will step in with an emergency interest rate cut. For instant reaction to this selloff, and how Fed officials will respond, Bloomberg's Nathan Hager speaks with Veronica Clark, US Economist at Citigroup.

Global stock markets tumbled as concerns about a US economic slowdown intensified. Traders ramped up bets that the Federal Reserve will step in with an emergency interest rate cut. For instant reaction to this selloff, and how Fed officials will respond, Bloomberg's Nathan Hager speaks with Veronica Clark, US Economist at Citigroup.

Listen for business and finance news centered in the Asia-Pacific region. 

Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Listen for business and finance news centered in the Asia-Pacific region. Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

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

Instant Reaction: Will the Fed Cut Quicker After This Selloff?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f9a55adf-bd27-4676-aa17-b1c300bcb586/transcript

Business and finance news from the Asia-Pacific.

Oil extended its recent gains as Iran rejected talks with the US and a deal to reopen the vital Strait of Hormuz remained elusive. Treasuries declined. Meanwhile, a gauge of Asian stocks rose 0.4%, with gains for South Korean and Japanese chipmakers. The Kospi Index climbed as much as 2% before trimming its advance, with SK Hynix Inc. and Samsung Electronics Co. among the winners. The move followed Friday's Wall Street rally after soft US jobs data lifted equities, sending the S&P 500 Index to a record high. Bloomberg's Haidi Stroud-Watts spoke to Jasmine Duan, Senior Investment Strategist at RBC Wealth Management Asia.

And prices paid by US consumers probably inched up marginally last month after falling for the first time in six years, a welcome tempering in recent war-driven inflationary pressures. The closely watched consumer price index is seen rising 0.1% in July following a 0.4% decline in the prior month, based on the median projection in a Bloomberg survey of economists ahead of Wednesday's Bureau of Labor Statistics release. In the wake of Friday's weak July jobs report, the moderation in price growth may help alleviate some of the inflation anxiety at the Federal Reserve after three officials dissented on July 29 in favor of raising interest rates. Bloomberg's Haidi Stroud-Watts spoke to Illiana Jain, International Economist at Westpac.

Business and finance news from the Asia-Pacific.
Oil extended its recent gains as Iran rejected talks with the US and a deal to reopen the vital Strait of Hormuz remained elusive. Treasuries declined. Meanwhile, a gauge of Asian stocks rose 0.4%, with gains for South Korean and Japanese chipmakers. The Kospi Index climbed as much as 2% before trimming its advance, with SK Hynix Inc. and Samsung Electronics Co. among the winners. The move followed Friday's Wall Street rally after soft US jobs data lifted equities, sending the S&amp;P 500 Index to a record high. Bloomberg's Haidi Stroud-Watts spoke to Jasmine Duan, Senior Investment Strategist at RBC Wealth Management Asia.
And prices paid by US consumers probably inched up marginally last month after falling for the first time in six years, a welcome tempering in recent war-driven inflationary pressures. The closely watched consumer price index is seen rising 0.1% in July following a 0.4% decline in the prior month, based on the median projection in a Bloomberg survey of economists ahead of Wednesday's Bureau of Labor Statistics release. In the wake of Friday's weak July jobs report, the moderation in price growth may help alleviate some of the inflation anxiety at the Federal Reserve after three officials dissented on July 29 in favor of raising interest rates. Bloomberg's Haidi Stroud-Watts spoke to Illiana Jain, International Economist at Westpac.

Oil Advances as Iran Deal Eludes, Eco Week Ahead

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/08f98d41-4e71-4bdb-a8a4-b4a200228395/transcript

Business and finance news from the Asia-Pacific.

Oil extended gains after a report that Iran attacked “hostile targets” in the Strait of Hormuz, with Tehran seeking to bar US ships from the critical waterway in a deal with Oman. Higher energy prices revived concerns that the Federal Reserve may need to keep interest rates elevated. Bloomberg's Haidi Stroud-Watts spoke to Lori Calvasina, Head of US Equities Strategy at RBC Capital Markets.

Plus - Japan had a slew of corporate earnings, Bloomberg's Shery Ahn spoke to Rie Nishihara, Chief Japan Equity Strategist at JPMorgan Securities.

Business and finance news from the Asia-Pacific.
Oil extended gains after a report that Iran attacked &ldquo;hostile targets&rdquo; in the Strait of Hormuz, with Tehran seeking to bar US ships from the critical waterway in a deal with Oman.&nbsp;Higher energy prices revived concerns that the Federal Reserve may need to keep interest rates elevated. Bloomberg's Haidi Stroud-Watts spoke to Lori Calvasina, Head of US Equities Strategy at RBC Capital Markets.
Plus - Japan had a slew of corporate earnings, Bloomberg's Shery Ahn spoke to Rie Nishihara, Chief Japan Equity Strategist at JPMorgan Securities.

Oil Climbs on Middle East, Japan Earnings Outlook

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/58593716-8daf-4b02-b2a9-b49f00095de7/transcript

Business and finance news from the Asia-Pacific.

Asian stocks slipped after Wall Street's recent tech-led rally stalled, with chipmakers coming under pressure. The MSCI Asia Pacific Index fell 0.8%, though gainers outnumbered decliners. Gauges in Japan and South Korea declined, while stocks in Australia advanced to a record. For more on the markets, Bloomberg's Haidi Stroud-Watts spoke to Kerry Craig, Global Market Strategist at JPMorgan Asset Management.

And for an outlook on Chinese markets, Bloomberg's David Ingles and Avril Hong spoke to Eva Lee, UBS Global Wealth Management Chief Investment Office Head of Greater China Equities.

Business and finance news from the Asia-Pacific. Asian stocks slipped after Wall Street's recent tech-led rally stalled, with chipmakers coming under pressure. The MSCI Asia Pacific Index fell 0.8%, though gainers outnumbered decliners. Gauges in Japan and South Korea declined, while stocks in Australia advanced to a record. For more on the markets, Bloomberg's Haidi Stroud-Watts spoke to Kerry Craig, Global Market Strategist at JPMorgan Asset Management.
And for an outlook on Chinese markets, Bloomberg's David Ingles and Avril Hong spoke to Eva Lee, UBS Global Wealth Management Chief Investment Office Head of Greater China Equities.

Stocks in Asia Decline as Chipmaker Rally Pauses

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5ce9830e-009c-44d6-83a9-b49e001bf87d/transcript

Instant Reaction: Will the Fed Cut Quicker After This Selloff?

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