“Disaster”: Merz Reacts to Record German Election Defeat
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.
Friedrich Merz said he would stay put as German chancellor even after his party suffered its worst-ever result in a state election, with a tally showing the conservatives crashing out of a regional assembly for the first time in the country’s post-World War II history.“We can’t sugarcoat it, it was a disaster,” Merz told reporters in Berlin.
US Treasury Secretary Scott Bessent lauded “very successful” talks with his Chinese counterparts on artificial intelligence, trade and investment, while China described the discussions as positive ahead of this week’s summit between leaders Donald Trump and Xi Jinping.
And Brent is set for its longest losing run since June, as traders tracked diplomatic efforts to end the US-Iran war and signs cargoes are getting through the Strait of Hormuz.
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00:00:00 – Daybreak Europe
00:00:49 – Japan Markets Closed for Holiday
00:03:26 – Yen Under Pressure After BOJ Disappoints
00:08:05 – Trump to Host Xi at White House Thursday
00:12:37 – Merz: Election Results Were a Disaster
00:14:47 – US Futures Rise, Oil Extends Drop
00:17:09 – Brent Set for Longest Run Since June
00:19:26 – Qatar Energy Chief Says Bessent ‘Wrong’ About Hormuz Future
00:22:38 – Russian Ruling Party Heads for Big Election Win
00:26:01 – Global AI Race to Take Center Stage at Xi-Trump Talks
00:28:53 – Black Sea Blockade Threatens Food Supply Shock
00:33:51 – Qatar’s Role in Peace Negotiations
00:39:05 – Europe’s IPO Drought Set to Run Into 6th Year
00:42:16 – US Obesity GLP-1 Market
00:45:27 – QEF Delegates on Shaping the Economy
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