US-China: Bessent to Talk Trade With Chinese Officials in Madrid | Daybreak Europe 9/12/2025

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

On today’s show, Asian stocks close in on a record high, adding to a global rally, as in-line US inflation and soft jobs data gives the Fed the green light for rate cuts.

Treasury Secretary Scott Bessent and his Chinese counterpart are set to meet in Madrid next week – with trade, security and the future of TikTok on the agenda.

Bloomberg understands OpenAI and Nvidia are set to pledge billions of dollars for UK data center investment, as they join President Trump on his state visit next week.

Chapters:
00:00:00 – Daybreak Europe
00:02:54 – Asian Stocks Near Record High on Fed Rate Cut Bets
00:05:09 – OpenAI, Nvidia CEOs Set to Announce UK Data Center Investments
00:08:52 – US Core CPI Rises as Expected
00:10:19 – Trump Asks For Lisa Cook Ruling By Monday
00:10:53 – US, China Officials to Discuss Trade and TikTok
00:14:03 – Christodoulos Patsalides, ECB Governing Council Member & Cyprus Central Bank Governor
00:16:19 – ECB Plans to Keep Rates Unchanged Barring Shock
00:18:27 – NATO Working on Defensive Moves After Poland
00:18:47 – Germany Said to Back UN Plan For Israel, Palestine
00:19:08 – FBI Releases Clip of Charlie Kirk Murder Suspect
00:19:29 – Bolsonaro Sentenced to 27 Years in Prison
00:21:29 – Niccolo de Masi, IonQ CEO
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