US equity futures fluctuate after the S&P 500 and the Nasdaq 100 erased year-to-date losses. The dollar weakens on news of currency talks between the US and South Korea. President Trump winds down his visit to Saudi Arabia after a slew of deals were cut by American big tech firms and the Kingdom’s newly created AI firm, Humain. Republicans say a SALT cap deal is likely. Kallum Pickering of Peel Hunt says the "hopium" theme running through markets is unsustainable in spite of trade war de-escalation. Marvin Loh of State Street says there remains a stagflation concern. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
Chapters:
00:00:01 – Intro
00:01:47 – First Look Movers
00:03:28 – Kallum Pickering Peel Hunt Chief Economist
00:11:06 – Trending on the Terminal
00:20:19 – Front Page News
00:24:30 – Marvin Loh, State Street Corporation Senior Global Macro Strategist
00:31:11 – Trending on the Terminal
00:40:14 – What to Watch
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