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Daybreak Weekend: Holiday Shopping, BOJ Decision, Bitcoin ETFs | Bloomberg Daybreak: Asia Edition
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December 16, 2023
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December 16, 2023
48
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34:37Now PlayingBloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.
1) In the US US retail sales unexpectedly picked up in November () as lower gasoline prices allowed consumers to spend more to kick off the holiday shopping season.
2) In the UK It's crunch time for lastminute shoppers ahead of the holidays in London with retailers hoping for a lastminute surge in spending, despite the general economic gloom. ()
3) In Asia Bank of Japan officials see little need to rush into scrapping the world’s last negative interest rate () this month as they have yet to see enough evidence of wage growth that would support sustainable inflation
4) In Washington Anticipation of a new wave of investors has Bitcoin booming once again. Key to the newfound optimism are indications that the US will soon approve exchangetraded funds that invest directly in the cryptocurrency. ()
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Bloomberg Daybreak Asia delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.
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