Israel Strikes Lebanon; Trump Reduces US-South Korea Drills | Daybreak Europe 8/17/2026

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. Lebanon saw its deadliest day of fighting in months, heaping pressure on stalled US-Iran negotiations while Washington prepares fresh economic measures. President Donald Trump told the Pentagon to “substantially reduce” joint military exercises with South Korea, indicating his shift was driven by frustration the longtime US ally hadn’t provided more support for his war with Iran. And Japanese growth unexpectedly slowed in the three months through June - complicating the outlook for the Bank of Japan ahead of its rate decision next month. Today's guest: Frederik Ducrozet, Pictet Wealth Management, Head of Strategy & Macro Research. Chapters: 00:00:00 - Daybreak Europe 00:01:07 - Global Stocks Futures Point Higher 00:05:47 - China's 10-Year Yield Dips to Lowest in Over a Year 00:09:33 - US Prepares Fresh Iran Sanctions 00:12:46 - Slower Japanese Growth Complicates BOJ Picture 00:17:14 - Belgian Firefighters Battle Record Blaze 00:20:23 - Rhine River Water Level Hits Record Low 00:22:54 - Second Ceuta Border Push Falls Flat 00:25:25 - Dollar, Yields Dip as Fed Rate Hike Bets Ease 00:27:45 - Oil Swings With Lebanon Tensions & Hormuz in Focus 00:29:12 - Frederik Ducrozet, Pictet Wealth Management, Head of Strategy & Macro Research 00:34:25 - Wildberries Depot Ablaze After Ukrainian Drone Strike 00:40:39 - Asian Stocks Edge Higher, Korea on Holiday 00:44:33 - China's Credit Demand Weakens -------- 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