Germany's Far-Right AfD Wins State Election Landslide | Daybreak Europe 9/7/2026

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. The far-right Alternative for Germany scored its best-ever result in a state election on Sunday amid growing public discontent with the political establishment, delivering a powerful blow to Chancellor Friedrich Merz. Iran and the US carried out what appeared to be their largest tit-for-tat tanker strikes yet over the weekend, pushing oil prices higher as both nations continue to escalate a six-month war that has disrupted shipping and stoked global inflation. And speaking exclusively to Bloomberg, Jordan Bardella, head of the far-right National Rally party, set out his red lines for the battle over narrowing France’s yawning budget deficit ahead of the 2027 presidential campaign, vowing to fight any tax hike on households and business. Today's guests: Christoph Ahlhaus, German Association of Small and Medium-Sized Businesses, Chairman; Jane Foley, Rabobank, FX Strategy Head; Marcel Fratzscher, DIW, President. Chapters: 00:00:00 - Daybreak Europe 00:01:52 - Energy Prices Climb on US-Iran Escalation 00:04:13 - China Rejects $45 Billion Into Banks, Insurers to Boost Growth 00:08:26 - US CPI, ECB Decision, Bond Buybacks Due This Week 00:12:20 - Bardella 'Certain' to Oppose Tax Increases 00:15:17 - Bardella Wants Ukraine to Pay for Europe's Help 00:17:33 - AfD's Historic Election Victory in Saxony-Anhalt 00:20:06 - Christoph Ahlhaus, German Association of Small and Medium-Sized Businesses, Chairman 00:25:00 - UK Rules Out Jaguar Land Rover Support 00:28:13 - Energy Prices Climb on US-Iran Escalation 00:32:55 - Japan Likely Sold Treasuries to Fund Yen Intervention 00:34:27 - Jane Foley, Rabobank, FX Strategy Head 00:37:48 - Weidel: We Have a Mandate to Govern 00:40:53 - AfD Secures Record 43.8% Vote in State Election: Prelim Results 00:41:25 - Marcel Fratzscher, DIW, President 00:44:59 - Putin Orders No Strikes on Kyiv -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts