Machado Presents Peace Prize to Trump & US-Taiwan Tariff Deal | Daybreak Europe 1/16/2026

Summary

Bloomberg Daybreak Europe leads with a global tech-led equity rally after TSMC's results and the U.S.-Taiwan trade deal, while oil holds a sharp drop as Iran tensions cool. The show covers Canada-China diplomacy, Greenland-related pressure on Denmark and the Danish krone, Fed rate-cut pause signals, and Jamie Dimon ruling out the Fed chair role. Sunaina Haldea discusses U.S. earnings-driven equities, Treasury inertia, and UK downside risks, while TSMC's CFO outlines higher capex and AI conviction.

• Asian stocks hit record highs as TSMC results and AI-chip demand lift global tech shares.
• The U.S. and Taiwan agree to cut tariffs to 15% and boost Taiwanese semiconductor investment in the U.S.
• Oil steadies after its biggest drop since June; Iran risk is seen as cooling but not resolved.
• Canada's Carney meets Xi in Beijing, and European leaders increase Arctic/Greenland diplomacy.
• Fed officials signal comfort with pausing rate cuts as inflation progress remains incomplete.
• Jamie Dimon rules out becoming Fed chair but would consider Treasury secretary.
• Sunaina Haldea sees U.S. equities driven by earnings, Treasuries range-bound, and UK downside risks underpriced.
• TSMC's CFO points to significantly higher capex and strong conviction in the AI megatrend.