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Podcast: Bloomberg Daybreak: Europe Edition
Episode: Market Bounce Back Begins, Record Volatility Rocks Wall Street, and the UK Chancellor Speaks to Bloomberg
Description: Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Japanese equities powered higher, leading gains in Asia, as they retraced some of the losses sustained in Mondayβs global rout that wiped out billions across markets from New York to London. US equity futures also advanced and Treasuries fell. (2) Federal Reserve Bank of San Francisco President Mary Daly said the labor market is softening and indicated the US central bank should begin cutting interest rates in coming quarters, but stopped short of concluding the labor market has be...