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Deadly Houthi Attacks on Saudi Arabia; EU Caps Chinese Hybrid Car Imports

visibility comment0 event October 12, 2026 timer 04:03

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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.

On today’s show, attacks over the weekend in Saudi Arabia in which 13 people were killed risk widening the conflict in the Middle East. An American was among those killed on Saturday, raising pressure for US President Donald Trump to act.

Oil extended losses as traders assessed President Trump’s announcement of an ‘energy ceasefire’ between Russia and Ukraine.

And the EU has announced a cap of 350,000 on imports of Chinese hybrid cars following talks between trade chief Maroš Šefčovič and Chinese Commerce Minister Wang Wentao.

Today’s guest: Ana Paula Assis, IBM, Senior Vice President & Chair, EMEA & APAC & François Provost, Renault, CEO.

Chapters:
00:00:00 – Daybreak Europe
00:01:01 – US & Europe Futures Advance
00:05:18 – Houthi Attacks Raise Risk of Wider War
00:06:54 – Deadly Attacks on Saudi Arabia Risk Wider War That Draws In US
00:10:02 – US Inflation Expected to Rise in September
00:12:28 – Trump Says Russia and Ukraine Agreed to ‘Energy Ceasefire’
00:17:32 – NATO Official Says Military Repercussions of Strait of Hormuz
00:22:50 – Japan Deeply Concerned by US ICC Sanctions
00:25:59 – Rogue AI Agents
00:28:59 – Ana Paula Assis, IBM, Senior Vice President & Chair, EMEA & APAC
00:35:11 – François Provost, Renault, CEO
00:44:51 – US Inflation Perceptions Diverge
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