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Podcast: Bloomberg Daybreak: Europe Edition
Episode: Reeves' Gilt Woes, Pound Traders Bet On 8% Slump, and Los Angeles Warned of More Fire Risks
Description: Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Chancellor of the Exchequer Rachel Reeves returns to the UK from China on Monday with the Labour Party keen to brush off market turmoil around its fiscal difficulties and emphasise the governmentโs long-term ambitions.(2) Traders in the options market are preparing for the pound to tumble as much as 8% more as fiscal woes that prompted a painful selloff across UK markets last week weigh on the currency.(3) At least two rounds of vicious, dry Santa Ana wi...