The Pulse with Francine Lacqua 8/26/2026

Bloomberg understands the Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US on Saturday. US stocks struggled for direction and Treasuries slipped as traders held back from taking risks ahead of earnings from Nvidia and July’s reading of the Federal Reserve’s preferred inflation gauge. Plus, European Central Bank Executive Board member Isabel Schnabel said interest rates must rise further as the lengthy conflict in the Middle East and surprisingly strong euro-area economy pose upside risks to inflation. Today's guests: Simon MacAdam, Capital Economics, Deputy Chief Global Economist; Anna Leach, Institute of Directors, Chief Economist. -- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse Begins 00:00:24 - Nvidia Earnings Preview 00:04:38 - Iran-Oman Strait of Hormuz Framework 00:07:05 - Simon MacAdam, Capital Economics Deputy Chief Global Economist, on ECB Rate Outlook & Eurozone Inflation, U.S. Inflation, Fed Rates & Kevin Warsh 00:17:01 - US-Canada Trade Tensions 00:19:35 - Bitcoin & the Return of the Debasement Trade 00:21:45 - Huawei’s AI Data Center Push & Dolly Parton 00:22:50 - Top Stories 00:23:24 - Nvidia Earnings & the European Market Outlook, Bessent’s Treasury Buybacks & Bond Markets 00:26:59 - France’s Debt & Political Showdown 00:30:58 - Anna Leach, Chief Economist at the Institute of Directors, on What UK Businesses Want From the Burnham Government 00:39:34 - OpenAI’s Jalapeño Chip vs. Nvidia 00:43:02 - European Banking Takeover Battle 00:46:11 - Markets Wrap -------- 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