October 6, 2025 • 6 mins
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Speaker 1 (00:00):
This news when you wanted with Bloomberg News. Now, I'm
Stephen Carroll.
Speaker 2 (00:04):
And I'm Caroline HIPKEA.
Speaker 1 (00:06):
Sanae at taka Ichi, a pro stimulus conservative, is poised
to become Japan's first female prime minister. Japanese equities led
Asian stocks to an old time high following her surprise
win and the ruling LDP's leadership race. While equity investors
embraced the news, bond markets did not longer dated. Japanese
bond slid, with the forty year yields surging as investors
(00:28):
balanced the potential upside of stimulus against debt market risk.
With more here's our editor at large in Tokyo, Sherry Anne.
Speaker 3 (00:36):
We know that Sanaiatakaichi is a nationalist. We know that
she's a fan of Margaret Thatcher, a fan of heavy
metal music as well. But it's really the pro growth
policies that Sanattakaichi has talked about that is really the
focus for investors. She's talked about the bog's easy monetary policy.
Tone down her rhetoric during this election campaign, but we
(00:57):
know that she wants to continue expanding fiscal policy. She's
promised cash Handel's tax rebates hinting and raising the tax
free income allowance as well.
Speaker 1 (01:07):
Sherry Anna was speaking as analysts that Goldman Sachs warns
that volatility in Japan's longer dated bonds may now spill
over into markets as far away as the US and UK.
Scrutiny of longer data debt and many developed economies has
increased as government's ramp up borrowing and inflation remains stubbornly high.
Speaker 3 (01:26):
Now.
Speaker 2 (01:26):
The growing fiscal concerns in some of the world's biggest
economies has seen some investors flock to the perceived safety
of precious metals and bitcoin. Gold hit another record today
and is now closing in on four thousand dollars an ounce,
following a glittering run that's seen its surge almost fifty
percent this year. Bitcoin meanwhile, set another all time high
(01:49):
over the weekend as a border risk rally around the
US government's shut down. Boyd, the world's largest cryptocurrency.
Speaker 1 (01:57):
Her mass representatives have arrived in Egypt for peace talks,
seen as the most optimistic moment for diplomacy in the
war with Israel. US President Donald Trump is pressing both
parties to end their near two year war and sign
up to his twenty point peace plan. Trump told reporters
he's honored to be a big part of it.
Speaker 3 (02:18):
They've been fighting for a plan for years.
Speaker 2 (02:20):
We get the hostages back almost immediately.
Speaker 3 (02:24):
Negotiations are going on right now, will probably take a
couple of days, and people very happy.
Speaker 1 (02:29):
About it, but details of what President Trump's plan would
mean for Gaza's long term future are unclear. For its part,
Hamasa has said that it will release all hostages if
the deal is signed, but haven't yet agreed to disarm.
After nearly two years of fighting, The UN backed organizations
say Palestinians have been subjected to famine and genocide.
Speaker 2 (02:53):
Here in the UK, Home Secretary shabanamatt Mood says that
she is considering new laws to ban repeated protests in
Britain after pro Palestine marches over the weekend. Almost five
hundred people were arrested at a march on Saturday the
police and the government had tried to cancel after a
terror attack on a synagogue. Mahmood says the large scale
(03:14):
demonstrations over Gaza are causing considerable fear for the Jewish
community and.
Speaker 4 (03:20):
What I will be making explicit is that cumulative disruption.
That is to say, the frequency of particular protests in
particular places is in and of itself a reason for
the police to be able to restrict and place conditions.
That is to say, they can move them to a
different place, they can restrict the time that those protests
can occur on.
Speaker 2 (03:41):
Mamood's critics include civil liberties groups like Amnesty International, who
warn the UK's right to protest is being eroded. Reports
of anti Semitic and Islamophobic attacks in Britain are on
the rise as security officials fear the war in Gaza
radicalizing people living.
Speaker 1 (03:59):
In French, President Emmanuel Macran has appointed a largely unchanged cabinet,
with most senior ministers from the previous government staying on.
Among the key changes, Roland'scure, a close ally of the president,
becomes Finance Minister, while former minister Bruno Lemeyer returns as
Defense Minister. The announcement of sparked backlash from opposition parties
(04:20):
who've demanded a change of course. After months of political
turmoil that could threaten Prime Minister Sebastian le Corn Who's
survival and parliament this week, Opposition groups have said they
will call a no confidence vote as soon as he
lays out his policy plans in the National Assembly tomorrow.
Speaker 2 (04:37):
OPEK plus has agreed to return one hundred and thirty
seven thousand bowels a day of halted supply to markets,
a slower pace than earlier this year. That's despite signs
of a global oil surplus starting to emerge, and after
an earlier difference in position between co leaders Saudi Arabia
and Russia. Our reporter wayland Soon says Opek producers are
(04:59):
each facing different circumstances.
Speaker 5 (05:03):
Some like Russia is actually trying to contend with like
increased attacks on its oil production capacity. So that's all
put pulling back some of their potential production. We do
see some estimates for their one hundred and thirty seven
thousand barrels per day that or PEC promise over the weekend.
Actually Russia takes up about a third of that, and
(05:24):
a third of that might come under stress because of
your princess tacks on our expot facilities.
Speaker 2 (05:31):
Bloomberg's Waylandson speaking there, The decision to drip feed more
barrels into the market shows Opek's commitment to keep battling
for a share of the global oil market, but the
market's forward curve, which is closely watched by OPEK, is filtering.
Wall Street forecasters like JP Morgan and Goldman Sachs expect
the oil price slide will extend below sixty dollars a barrel.
Speaker 1 (05:56):
Those are your top stories on the markets. The mscis
specific in is up slightly on the day, with the
standout performer in Asia is the Nika and Tokyo, which
is four point seven percent higher. The topics up by
three point two percent, the Japanese yen one point nine
percent weaker against the dollar at one fifty thirty, one
point eight percent weaker against the Euro at one seventy
six twenty three. The Bloomberg Dollar Spot Index three tenths
(06:19):
stronger this morning, the eurotraining at one seventeen twenty three.
Eurostocks fifty futures are up by a tenth of one percent.
Speaker 2 (06:26):
That's news when you want it with Bloomberg News. Now,
I'm Caroline Hepka, I'm
Speaker 1 (06:30):
Stephen Carroll, and this is Bloomberg
This news when you wanted with Bloomberg News. Now, I'm
Stephen Carroll.
Speaker 2 (00:04):
And I'm Caroline HIPKEA.
Speaker 1 (00:06):
Sanae at taka Ichi, a pro stimulus conservative, is poised
to become Japan's first female prime minister. Japanese equities led
Asian stocks to an old time high following her surprise
win and the ruling LDP's leadership race. While equity investors
embraced the news, bond markets did not longer dated. Japanese
bond slid, with the forty year yields surging as investors
(00:28):
balanced the potential upside of stimulus against debt market risk.
With more here's our editor at large in Tokyo, Sherry Anne.
Speaker 3 (00:36):
We know that Sanaiatakaichi is a nationalist. We know that
she's a fan of Margaret Thatcher, a fan of heavy
metal music as well. But it's really the pro growth
policies that Sanattakaichi has talked about that is really the
focus for investors. She's talked about the bog's easy monetary policy.
Tone down her rhetoric during this election campaign, but we
(00:57):
know that she wants to continue expanding fiscal policy. She's
promised cash Handel's tax rebates hinting and raising the tax
free income allowance as well.
Speaker 1 (01:07):
Sherry Anna was speaking as analysts that Goldman Sachs warns
that volatility in Japan's longer dated bonds may now spill
over into markets as far away as the US and UK.
Scrutiny of longer data debt and many developed economies has
increased as government's ramp up borrowing and inflation remains stubbornly high.
Speaker 3 (01:26):
Now.
Speaker 2 (01:26):
The growing fiscal concerns in some of the world's biggest
economies has seen some investors flock to the perceived safety
of precious metals and bitcoin. Gold hit another record today
and is now closing in on four thousand dollars an ounce,
following a glittering run that's seen its surge almost fifty
percent this year. Bitcoin meanwhile, set another all time high
(01:49):
over the weekend as a border risk rally around the
US government's shut down. Boyd, the world's largest cryptocurrency.
Speaker 1 (01:57):
Her mass representatives have arrived in Egypt for peace talks,
seen as the most optimistic moment for diplomacy in the
war with Israel. US President Donald Trump is pressing both
parties to end their near two year war and sign
up to his twenty point peace plan. Trump told reporters
he's honored to be a big part of it.
Speaker 3 (02:18):
They've been fighting for a plan for years.
Speaker 2 (02:20):
We get the hostages back almost immediately.
Speaker 3 (02:24):
Negotiations are going on right now, will probably take a
couple of days, and people very happy.
Speaker 1 (02:29):
About it, but details of what President Trump's plan would
mean for Gaza's long term future are unclear. For its part,
Hamasa has said that it will release all hostages if
the deal is signed, but haven't yet agreed to disarm.
After nearly two years of fighting, The UN backed organizations
say Palestinians have been subjected to famine and genocide.
Speaker 2 (02:53):
Here in the UK, Home Secretary shabanamatt Mood says that
she is considering new laws to ban repeated protests in
Britain after pro Palestine marches over the weekend. Almost five
hundred people were arrested at a march on Saturday the
police and the government had tried to cancel after a
terror attack on a synagogue. Mahmood says the large scale
(03:14):
demonstrations over Gaza are causing considerable fear for the Jewish
community and.
Speaker 4 (03:20):
What I will be making explicit is that cumulative disruption.
That is to say, the frequency of particular protests in
particular places is in and of itself a reason for
the police to be able to restrict and place conditions.
That is to say, they can move them to a
different place, they can restrict the time that those protests
can occur on.
Speaker 2 (03:41):
Mamood's critics include civil liberties groups like Amnesty International, who
warn the UK's right to protest is being eroded. Reports
of anti Semitic and Islamophobic attacks in Britain are on
the rise as security officials fear the war in Gaza
radicalizing people living.
Speaker 1 (03:59):
In French, President Emmanuel Macran has appointed a largely unchanged cabinet,
with most senior ministers from the previous government staying on.
Among the key changes, Roland'scure, a close ally of the president,
becomes Finance Minister, while former minister Bruno Lemeyer returns as
Defense Minister. The announcement of sparked backlash from opposition parties
(04:20):
who've demanded a change of course. After months of political
turmoil that could threaten Prime Minister Sebastian le Corn Who's
survival and parliament this week, Opposition groups have said they
will call a no confidence vote as soon as he
lays out his policy plans in the National Assembly tomorrow.
Speaker 2 (04:37):
OPEK plus has agreed to return one hundred and thirty
seven thousand bowels a day of halted supply to markets,
a slower pace than earlier this year. That's despite signs
of a global oil surplus starting to emerge, and after
an earlier difference in position between co leaders Saudi Arabia
and Russia. Our reporter wayland Soon says Opek producers are
(04:59):
each facing different circumstances.
Speaker 5 (05:03):
Some like Russia is actually trying to contend with like
increased attacks on its oil production capacity. So that's all
put pulling back some of their potential production. We do
see some estimates for their one hundred and thirty seven
thousand barrels per day that or PEC promise over the weekend.
Actually Russia takes up about a third of that, and
(05:24):
a third of that might come under stress because of
your princess tacks on our expot facilities.
Speaker 2 (05:31):
Bloomberg's Waylandson speaking there, The decision to drip feed more
barrels into the market shows Opek's commitment to keep battling
for a share of the global oil market, but the
market's forward curve, which is closely watched by OPEK, is filtering.
Wall Street forecasters like JP Morgan and Goldman Sachs expect
the oil price slide will extend below sixty dollars a barrel.
Speaker 1 (05:56):
Those are your top stories on the markets. The mscis
specific in is up slightly on the day, with the
standout performer in Asia is the Nika and Tokyo, which
is four point seven percent higher. The topics up by
three point two percent, the Japanese yen one point nine
percent weaker against the dollar at one fifty thirty, one
point eight percent weaker against the Euro at one seventy
six twenty three. The Bloomberg Dollar Spot Index three tenths
(06:19):
stronger this morning, the eurotraining at one seventeen twenty three.
Eurostocks fifty futures are up by a tenth of one percent.
Speaker 2 (06:26):
That's news when you want it with Bloomberg News. Now,
I'm Caroline Hepka, I'm
Speaker 1 (06:30):
Stephen Carroll, and this is Bloomberg
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