Bloomberg Daybreak: Europe Edition Bloomberg

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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 look ahead to U.S GDP and Core PCE data, and a preview of Tesla earnings. In the UK – a look ahead to the Paris Olympic Games. In Asia – a look at how the U.S election will shape the U.S, China relationship.  
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Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A series of technical glitches disrupted services at airlines, banks and the London Stock Exchange on Friday, an unusually widespread cascade of failures that erupted from the US to Asia after Microsoft reported an outage across its online services.(2) Donald Trump delivered his first public address since surviving a failed assassination attempt, relating an incident in detail that he called "too painful to tell."(3) President Joe Biden's grasp on the Democratic presidential nomination appeared to be slipping Thursday, as he weighed increasingly public warnings from his party's top lawmakers while in isolation for a Covid-19 infection at his Delaware beach house.(4) Chancellor of the Exchequer Rachel Reeves warned "difficult decisions" lie ahead as she tries to fix Britain's public finances, raising the prospect of tax hikes or spending cuts in her first Budget in the autumn.(5) Englishman Daniel Brown is the surprise clubhouse leader going into the second round of the Open Championship golf. He's on 6-under par at Royal Troon, a stroke clear of 2019 winner Shane Lowry. 
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Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Donald Trump delivered his first public address since surviving a failed assassination attempt, relating an incident in detail that he called "too painful to tell."(2) President Joe Biden's grasp on the Democratic presidential nomination appeared to be slipping Thursday, as he weighed increasingly public warnings from his party's top lawmakers while in isolation for a Covid-19 infection at his Delaware beach house.(3) For more than two years, inflation has eclipsed everything else at the Federal Reserve. In a shift eagerly awaited by global markets, that's poised to change.(4) Chancellor of the Exchequer Rachel Reeves warned "difficult decisions" lie ahead as she tries to fix Britain's public finances, raising the prospect of tax hikes or spending cuts in her first Budget in the autumn.(5) Englishman Daniel Brown is the surprise clubhouse leader going into the second round of the Open Championship golf. He's on 6-under par at Royal Troon, a stroke clear of 2019 winner Shane Lowry. 
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Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Joe Biden can’t catch a break. It seemed like things couldn’t get much worse for the president after he was diagnosed Wednesday with Covid-19, dashing his hopes of counter-programming the Republican National Convention by forcing him to cancel an appearance before a key Latino advocacy group.(2) Then, the dam broke. A flood of leaks detailed senior leaders in the Democratic Party warning Biden personally that he was unlikely to defeat Donald Trump and was putting his congressional allies at great risk.(3) Senator JD Vance’s debut speech as the Republican vice presidential nominee was a fiery demonstration of the most powerful assets he offers Donald Trump’s campaign: a stridently populist economic message tailored for key swing states and a symbol of generational change.(4) Keir Starmer spent the UK election campaign promising to reset Britain’s relationship with Europe after years of soured relations since Brexit. Just two weeks into his tenure, he’ll be able to immerse himself in that endeavor as he hosts over 40 of the continent’s leaders at Winston Churchill’s ancestral home on Thursday.(5) Federal Reserve Governor Christopher Waller said the economy is getting closer to a point where the central bank can reduce borrowing costs but indicated he’d like to see a “bit more evidence” inflation is on a sustained downward path.  
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Your morning briefing, the business news you need in just 15 minutes.On today's podcast:
(1) The US Secret Service boosted security around former President Donald Trump after picking up intelligence in recent weeks of an Iranian plot to assassinate him, people familiar with the matter said, adding that the threat was separate from the attempt on his life last weekend.(2) Elon Musk said he will relocate the headquarters for X and SpaceX to Texas, a likely symbolic move that adds more fuel to the billionaire’s efforts to align himself with the political right and distance himself from left-leaning California .Musk made the announcement(3) Prime Minister Keir Starmer will flesh out Labour’s plans from border control to smoking as he sets out the new UK government’s legislative agenda for the coming Parliamentary session in a King’s Speech on Wednesday.(4) French President Emmanuel Macron appointed a caretaker government on Tuesday until negotiations to find a new prime minister bear fruit.(5) A growing number of Wall Street economists are cautioning the Federal Reserve is waiting too long to reverse course after raising interest rates to a two-decade high. 
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