Global stocks hit a record after US inflation data fuels bets on a Fed cut next month, while the Treasury Secretary says 50 basis points should be in play. Scott Bessent rules out the possibility that Chinese investment in the US could be part of any trade pact. And Ukraine’s President Volodymyr Zelenskiy says he won’t cede the Donbas region to Russia, as he pushes to be included in Friday’s talks between Washington and Moscow. We also get the details on Evergrande’s delisting in Hong Kong, and insight into the next big energy trade that European investors are piling into: mega-batteries. Our guest Tanvi Kanchan, Anand Rathi Shares & Stock Brokers Head of Business & Strategy shares her thoughts on the Fed and US economy, tariffs and the US-India relationship.
Chapters:
00:00:00 – Daybreak Europe
00:07:52 – Global stocks hit a record high as hotter CPI fuels Fed rate cut bets
00:08:34 – Scott Bessent dismisses idea of China investing in US as part of trade deal
00:16:15 – Property developer Evergrande delists from Hong Kong
00:20:41 – Nicolai Tangen, Norges Bank Investment Management CEO
00:26:10 – Tanvi Kanchan, Anand Rathi Head of Business & Strategy
00:33:38 – OPEC forecasts tight oil market in 2026
00:39:18 – Energy traders focus on mega batteries as next big trade
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