Caroline Hepke

Mandelson was released on bail early this morning but is still under investigation.

He has not been charged and his lawyer has declined to comment.

Bloomberg's James Woolcock has more.

And those are some of our top stories for you this morning.

So the markets are focused on two things, really, the impact of artificial intelligence and the trade uncertainty out of the US.

Yesterday, we saw a number of sectors hit by the AI worries.

IBM also, because of a new anthropic tool, had its worst day in more than 25 years.

That issue, though, seems to have been shrugged off by many markets in Asia, including the Thai X in Taiwan, up by 2.7% this morning.

And the Kospi in South Korea also with a big number this morning, a big gain up by 2%.

And US and European stock futures are also in the green, despite the kind of dystopian trend.

The research report from Citrini, 4.03 for 10-year U.S.

Treasury yields.

And the Japanese, yeah, notably lower against the dollar, dropping half of 1% because of the tensions between Japan and China.

So those are the market moves today.

I'm Caroline Hepke.

And this is Bloomberg.

And I'm Caroline Hepke in London.

We're the hosts of the Bloomberg Daybreak Europe podcast.

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

And from London, I'm looking at what all that means for markets, money and the wider economy.