Israel Strikes Iran, Oil Jumps & Stocks Tumble

04/19/24 • 14 min

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) Israel launched a retaliatory strike on Iran less than a week after Tehran’s rocket and drone barrage, according to two US officials, but Iranian media appeared to downplay the incident in the hours that followed the initial reports.
(2) Oil and gold surged, then retreated, after Iranian media appeared to downplay retaliatory strikes following last weekend’s unprecedented bombardment of Israel.
(3) The strikes comes hours after a top Iranian general said his country may reconsider its nuclear policies if Israel threatens to attack its atomic sites, an implicit warning that Tehran might race toward a nuclear weapon as rhetoric continued to escalate in the wake of its April 13 drone and missile attack.
(4) Netflix posted its best start to the year since 2020, attracting more new customers than anyone expected thanks to a strong slate of original programs and a crackdown on password sharing.
(5) Some lenders to Thames Water could face losses of as much as 40% in the event that it ends up being nationalized by the UK government, according to contingency plans drawn up by officials.

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Previous Episode

Bailey Bullish On Inflation Fight, UBS Job Cuts & EU ‘Paradigm Shift’

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Bank of England Governor Andrew Bailey said the UK and the rest of Europe are facing less of an inflation threat than the US, opening the prospect of a rate cut for Britain before the Federal Reserve moves.

(2) Federal Reserve Chair Jerome Powell is making life tougher for his peers around the world as the prospect of higher-for-longer US interest rates reduces room for easier policy elsewhere.

(3) Europe's economy is nearing the end of a malaise that's resulted in more than a year of near stagnation, according to European Central Bank President Christine Lagarde.

(4) The European Union's waning clout versus major geopolitical rivals is sounding alarm bells in Europe's capitals, compelling leaders to discuss a radical transformation to boost the bloc's competitiveness in a hostile world.

(5) The world's two great economic rivals, China and the US, will drive much of the increase in global public debt over the next five years, with American spending creating trouble for many other countries by keeping interest rates high, officials at the International Monetary Fund said.

See omnystudio.com/listener for privacy information.

Next Episode

Daybreak Weekend: Tesla Earnings, European Banks, Auto Show China

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.

In the US – A preview of U.S core PCE and GDP data, and Tesla earnings.
In the UK – A preview of European bank earnings.
In Asia – A preview of Auto Show China

See omnystudio.com/listener for privacy information.

Bloomberg Daybreak: Europe Edition - Israel Strikes Iran, Oil Jumps & Stocks Tumble

Transcript

Speaker 100:00:02.439

Bloomberg Audio Studios, podcasts, radio news. This is the Bloomberg Daba podcast, available every morning on Apple, Spotify or wherever you listen. It's Friday, the nineteenth of April here in London. I'm Caroline Hepka.

Speaker 200:00:18.160

And I'm Tom McKenzie. Coming up today targeting Iran. US officials tel Bloomberg. Israel has struck the country less than a week after Tehran's rocket and drone barrage.