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Euro Weakens to 17-Month Low; Bolsonaro Takes Lead Over Lula in Brazil Election

1 week 5 days ago
Global equities waver as political upheaval sends the euro to a 17-month low. Spanish Prime Minister Pedro Sánchez calls an early election amid mounting social protests over housing. Flávio Bolsonaro takes a surprise lead over President Luiz Inácio Lula da Silva in the first round of Brazil's presidential election. Yemen's government launches a full-scale military campaign to recapture Houthi-held territory. Elsa Lignos of RBC Capital Markets joins "Bloomberg Brief" to discuss Europe’s public finances weighing on risk sentiment. Nicol Turner Lee of the Brookings Institution discusses how data centers are shaping the midterm elections. (Source: Bloomberg)

Can the ECB Solve France's Debt Crisis?

1 week 5 days ago
France's fiscal crisis is helping drive the euro lower. TD Securities Head of FX Strategy Jayati Bharadwaj talks about how France is trying to keep the crisis in check and what role the ECB plays. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Spain’s Sánchez Calls Snap Election, Super Rich Exit the UK

1 week 5 days ago
The exodus of the uber-rich from the UK has become a $160 billion problem, with individuals tracked in the Bloomberg Billionaires Index loosening their ties with the UK or cutting them entirely in the past two years. Spanish Prime Minister Pedro Sánchez called an early election for Nov. 29 after parliament rejected a housing plan last week that his government had hoped would quell mounting social protests. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Pentagon Removes Bombers From RAF Fairford Base

1 week 5 days ago
The Pentagon has removed bombers from the UK Royal Air Force base that was at the center of a suspected attempted terrorist attack last week. All American bombers deployed at RAF Fairford have now returned to their home bases in the US, a Defense Department official said. Bloomberg's Tyler Kendall reports. (Source: Bloomberg)

No Sign of 'Real Panic' in FX Markets, RBC's Lignos Says

1 week 5 days ago
Elsa Lignos, global head of FX strategy at RBC Capital Markets, discusses the levels to watch after the euro fell to its weakest since May 2025 on France’s deepening fiscal crisis and a snap election in Spain. "If you watch what's going on elsewhere in the FX market, there isn't sign of real panic," Lignos tells Bloomberg Television. "The key to watch at this stage is the Swiss franc," she adds. (Source: Bloomberg)

Bolsonaro Takes Surprise Brazil Election Lead Over Lula

1 week 5 days ago
Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil’s presidential election. Bolsonaro took about 47% of the vote to Lula’s roughly 45% with counting nearly complete. The two candidates will face off on Oct. 25. Brazilian assets are expected to surge when markets open Monday on signs that Bolsonaro is poised for victory. Bloomberg's Julia Leite reports. (Source: Bloomberg)

Brazil Election: Bolsonaro Pushes Lula to Brink as Markets Set to Rally

1 week 5 days ago
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, 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. The euro fell to its weakest since May 2025 as investor concerns in the region intensified. Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil’s presidential election, making him the overwhelming favorite to win the runoff and take Latin America’s heavyweight nation sharply to the right. And Schneider Electric said it’s buying PTC for about $22.6 billion, further expanding its portfolio of industrial software and offerings powered by artificial intelligence. Today guest: Tanvi Kanchan, Anand Rathi Shares & Stock Brokers, Associate Director & Head of International Business & Strategy. (Source: Bloomberg)

Euro Falls to 17-Month Low on Political Uncertainty

1 week 5 days ago
The euro fell to its weakest level since May 2025 in Asian trading as reports that Spanish government officials are preparing for an early election added to concerns rocking France’s bond market. The currency is also under pressure from a strengthening dollar, which is being supported by expectations that the Federal Reserve will need to raise interest rates three more times by July to tame inflation. Bloomberg MLIV's Mark Cranfield reports. (Source: Bloomberg)
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