A global selloff in bonds gathered pace and oil renewed its climb, countering an advance in the artificial-intelligence trade. Micron gave an upbeat forecast for the current quarter, fueled by the AI building frenzy, though the chipmaker warned that rising compensation would weigh on profit margins.
France’s government is set to unveil plans to narrow the budget deficit sharply, kicking off a debate that risks toppling the prime minister and stoking investor concern over the country’s debts.
Israeli Prime Minister Benjamin Netanyahu said it was too early to say whether the attacker onboard the FlyDubai plane had links to Iran. The pilot of a jet carrying more than 170 passengers to Tel Aviv stabbed his colleague and tried to crash the plane yesterday. Catastrophe was narrowly avoided after passengers and members of the crew stormed the cockpit of the plane that had taken off in Dubai and managed to stabilize the jet. FlyDubai has suspended flights to and from Israel.
Today’s guests: Jim Bianco, Bianco Research President and Macro Strategist; Leo Barincou, Oxford Economics Senior Economist; Benedetta Berti, NATO Parliamentary Assembly Secretary General
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:28 – Global bonds see worst quarter since 2024
00:01:17 – Jim Bianco, Bianco Research President and Macro Strategist
00:13:20 – Passengers, crew help avert FlyDubai flight disaster
00:18:44 – FTSE100 falls 2%, most since May as Gilts drop
00:19:02 – Micron delivers bullish forecast
00:23:54 – Thursday headlines
00:24:37 – Leo Barincou, Oxford Economics Senior Economist
00:29:54 – Inflation grips EU’s top economies
00:34:44 – Trump: Powell should resign over Fed renovation
00:35:53 – Netflix Co-CEO on sustainable growth
00:41:24 – Benedetta Berti, NATO Parliamentary Assembly Secretary General
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More on Bloomberg Television and Markets
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