Bitcoin reaches a record high due to President-elect Donald Trump’s support for digital assets and optimism about Trump’s proposal for a national Bitcoin stockpile. China’s retail sales growth unexpectedly weakened in November despite signs of improvement in the housing market, highlighting the urgency for Beijing to further encourage residents to spend. Retail sales rose 3% from a year ago, the slowest pace in three months and undershooting even the most bearish of forecasts. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – The Opening Trade
00:01:50 – The Agenda: New French Prime Minister, Germany’s Debt Brake, China Retail Slump
00:08:20 – Central Bank Decisions This Week
00:09:47 – Bitcoin Hits $106,000
00:10:09 – Saudi Condemns Israel
00:10:38 – South Korea’s Yoon Impeached, Ruling Party’s Han Steps Down
00:13:01 – IG Group’s Beauchamp on Geopolitical Tensions Driving Investors
00:23:33 – Goldman Sachs’ Trivedi on Fed Rate Decision
00:43:16 – London Homeowners Rush to Sell Before Stamp Duty Increase
00:45:35 – European Market Open
01:01:15 – Weak China Retail Data Weighs on Stocks
01:08:04 – ECB President Christine Lagarde Speaks in Lithuania
01:11:39 – Germany’s Scholz Faces No Confidence Vote
01:17:18 – Eurointelligence Director Munchau: Germany Will Remain Reliant on Gas
01:30:47 – 75% of Stoxx 600 Lower, European Economic Indicators Contract
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