Blistering Metals Rally, CSG Plans Amsterdam IPO, More

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Karen Moskow 0:00
Bloomberg Daybreak is your best way to get informed first thing in the morning, right in your podcast feed. Hi, I'm Karen Moskow.
Nathan Hager 0:08
And I'm Nathan Hager. Each morning, we're up early putting together the latest episode of Bloomberg Daybreak U.S. Edition. It's your daily 15-minute podcast on the latest in global news, politics, and international relations.
Karen Moskow 0:21
Listen to the Bloomberg Daybreak U.S. Edition podcast each morning for the stories that matter with the context you need.
Nathan Hager 0:28
Find us on Apple, Spotify, or anywhere you listen.
Lizzie Burden 0:33
News when you want it with Bloomberg News Now. I'm Lizzie Burden.
Stephen Carroll 0:36
And I'm Stephen Carroll.
Lizzie Burden 0:38
US President Donald Trump has raised the prospect of military strikes on Iran as activists say thousands of people have been killed in the wave of protests in the country. The Human Rights Activists News Agency estimates at least 2,000 people have died. while the Oslo-based Iran Human Rights Group says the figure could be as high as 6,000. They say a lack of internet access is making independent verification extremely difficult. Speaking to reporters before boarding Air Force One, Donald Trump said that the death toll would be a key factor in determining his response.
Donald Trump 1:09
Iran is on my mind when I see the kind of death that is happening over there, we think. So we're going to get some accurate numbers. I'll have them in about 20 minutes. We'll get some accurate numbers as to what's happening with regard to the killing. The killing looks like it's significant, but we don't know yet for certain. I'll know within 20 minutes. And we'll act accordingly.
Lizzie Burden 1:30
President Trump had earlier urged Iranians to continue their protests, writing on social media that help is on its way. The comments come days after a White House official said Trump had been briefed on options for an attack, with the American president yesterday also encouraging U.S. citizens and people from allied countries to leave Iran.
Stephen Carroll 1:48
Greenland's Prime Minister has ruled out the possibility of the territory becoming part of the United States. At a joint press conference with Danish Prime Minister Meta Frederiksen in Copenhagen, Jens Frederik Nielsen delivered a forceful response to President Trump's repeated claims that the US must own Greenland.
Greenlandic Prime Minister 2:05
One thing that everyone must understand, Greenland will not be owned by the United States. Greenland will not be governed by the United States. Greenland will not be part of the United States. We choose the Greenland we know today and which is part of the Kingdom of Denmark.
Stephen Carroll 2:27
That was the Greenlandic Prime Minister speaking there. The US President later saying, I don't know who he is, I don't know anything about him, but that's going to be a big problem for him. The remarks came ahead of a high-stakes meeting in Washington later today between the Danish and Greenlandic foreign ministers and the US Secretary of State Marco Rubio, along with Vice President J.D.

What recent events are influencing the US-Iran relations?

Stephen Carroll 2:47
Vance.
Lizzie Burden 2:48
Meanwhile, in the markets, gold, silver, copper and tin all hitting record highs as investors bet on a boost from more US rate cuts and a revival in sentiment across Chinese financial markets. Commodities have posted eye-watering gains since late 2025 as traders position themselves for a year in which... The Fed's expected to cut borrowing costs further to bolster U.S. growth. Silver jumped as much as 5.3% to top $90 an ounce for the first time on Wednesday, while gold notched another all-time peak. Tin was the standout among base metals and was up as much as 6% at one point, while copper also resumed its rally.
Stephen Carroll 3:24
The head of America's largest bank has warned against undermining the Federal Reserve, earning him a rebuke from Donald Trump. JP Morgan CEO Jamie Dimon told reporters after the bank's earnings that anything that chips away at the Fed's independence is, quote, probably not a great idea. The US president was asked about Dimon's comments.
Donald Trump 3:43
Yeah, I think it's fine what I'm doing. We have a bad Fed person. He was extended by Biden. And yeah, I think he's wrong. I think it's wrong. He's done a bad job. We should have lower rates.

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