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Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis | Bloomberg Daybreak: US...
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November 18, 2023
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34:41Now PlayingBloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.
1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance. ()
2) In the UKChancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. () Bloomberg Economics expects nearterm growth and inflation impact of the Autumn Statement will be broadly neutral.
3) In AsiaThe Biden administration’s decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis () marks an unusual concession to Beijing’s complaints over US trade restrictions.
4) In WashingtonPresident Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politicallydivisive debate over federal spending into a presidential election year. ()
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