Caroline Hepker

But in fact, there were significant moves under the hood.

NASDAQ futures this morning are up by a quarter of 1%.

U.S.

stocks, 50 futures, also gaining three-tenths of 1%.

Very thin holiday trading in Asia, but Japanese stocks extending gains

The pound was hit hard yesterday.

The dollar this morning is strengthening against all currency majors.

The blue big dollar spot index up a tenth of 1%.

Fed officials saying that AI productivity and the boost that that could bring could raise the neutral rate in terms of 10-year treasury yields this hour.

You've got 4.06, so yields rising just a fraction.

And the crypto route continues.

Bitcoin trading just above $67,000.

Those are the markets.

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.

So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.