Kevin Warsh to Speak at Sintra, ECB Warns Inflation Shock Not Over | Daybreak Europe 7/1/2026

Published 1 July 2026 · finance

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, European Central Bank officials have cautioned that the inflation shock caused by the Iran war is not over yet. But policymakers at the ECB's annual forum in Sintra stopped short of calling for another interest-rate increase for now.

Kevin Warsh is due to speak at the conference, in his first appearance on the international stage as Fed Chairman. Oil edged higher despite the US touting progress in indirect talks with Iran in Qatar. A senior US official says ships are continuing to transit the Strait of Hormuz at higher levels. And the US has lifted export restrictions on Anthropic's Fable 5 AI model, after the Trump administration's security concerns were addressed. Anthropic says it will begin restoring access on Wednesday. Today's guest: Sabrina Khanniche, Pictet Asset Management, Senior Economist.

Chapters 00:00:00 - Daybreak Europe 00:00:49 - Asian Stocks Stable After Two-Day Rally 00:06:33 - Fed's Warsh Due to Speak in Sintra Today 00:11:05 - ECB Remains Alert on Consumer Prices 00:15:17 - US Says Witkoff, Kushner Had Positive Talks in Doha on Iran Deal 00:18:09 - Goldman Sachs Warns of Crude Oversupply 00:21:01 - Anthropic Releases Claude Science 00:24:58 - Oil Steadies as US-Iran Talks Continue 00:31:32 - Sabrina Khanniche, Pictet Asset Management, Senior Economist 00:37:05 - Ireland Targets Rise in EU Defense Spending 00:39:22 - Trump Reports at Least $1.4 Billion in 2025 Crypto Earnings More on Bloomberg Television and Markets Like this video?

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