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For your information, you can find below the description of the video Fed's Powell Says He Won't Resign, China Unveils $1.4 Trillion Debt Swap | The Opening Trade 11/08 published by the Youtube channel Bloomberg Television:
Federal Reserve Chair Jerome Powell said he would not leave his post if asked by President-elect Donald Trump as Fed officials unanimously lowered rates for the second-straight time. China unveils a 10 trillion yuan ($1.4T) program to help resolve a local government hidden debt crisis. The package has disappointed markets, which were expecting more stimulus measures to boost domestic demand and offset potential export losses due to Trump's tariff threats. 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 Kriti Gupta.
Chapters:
00:00:00 - Intro
00:01:20 - The Agenda: Powell Vs Trump, Trump - Putin, China NPC
00:11:41 - Market Reaction Muted Post - Fed
00:23:31 - Trump Plans to Cut Corporate Taxes
00:36:18 - BOE's Andrew Bailey on Rate Cuts: We've Emphasized the Word Gradual
00:40:14 - Stocks To Watch: Richemont, IAG, Pirelli
00:45:35 - European Market Open
00:53:23 - China Finance Minister: All 6 Trillion Yuan Are Local Gov't Special Bonds
01:01:59 - Richemont First Half Sales Misses Estimates
01:05:29 - IAG Rises to Highest Since 2020 on 3Q Beat, Buyback
01:11:39 - Danish PM Mette Frederiksen on Trump, Nato
01:15:32 - Zelenskiy, European Leaders Meet In Budapest
01:19:57 - Germany’s Scholz Under Rising Pressure to Hold January Election
01:25:11 - Yuan, China Bond Yields Clip Amid NPC Press Briefing
01:29:33 - Mario Draghi Says Trump Presidency Will Greatly Affect EU-US Relations
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