Bloomberg Daybreak: Europe — Markets Rebound, EU Trade Powers, UK Bank Tax Plans

Global equity markets are rebounding after a semiconductor-led selloff, with Fed Chair Kevin Warsh’s comments on AI and the U.S. economy drawing investor attention. The briefing also tracks the European Union’s plans for new trade powers aimed at China, the UK’s budget deliberations over bank taxes, and key corporate and commodities developments.

■ Market Overview
- Global stocks rebound after chip selloff; Asia-Pacific, Europe, and U.S. futures higher
- Fed Chair Kevin Warsh comments on AI and U.S. economy; rate-path expectations in focus
- Oil, dollar, euro, and Treasury yields watched amid Middle East supply risks

■ Policy & Geopolitics
- EU prepares new trade powers that could restrict single-market access in push to cut China trade deficit
- UK Chancellor expected to raise bank taxes; EU summit addresses Ukraine, budget, and U.S. relations

■ Corporate & Commodities
- CoreWeave borrowing and AI infrastructure financing concerns; Nscale data center buildout delays
- Schneider Electric Q3 beat, Thames Water funding, UniCredit-Commerzbank, Tesla Roadster unveiling
- Gold and silver outlook discussed with Standard Chartered amid inflation and yield pressures

The program is aimed at investors, market analysts, and policy followers who need a concise roundup of European and global market-moving news. It covers macro signals, policy shifts, corporate updates, and commodity views, but does not provide investment advice or in-depth analysis of individual securities.