HSBC Profit Misses, UBS Beats; Trump to Make Final Call on China Truce

JOUMANNA: GOOD MORNING. THIS IS BLOOMBERG "DAYBREAK: EUROPE." I’M JOUMANNA BERCETCHE. THESE ARE THE STORIES THAT SET YOUR AGENDA.HSBC MISSES ESTIMATES FOR A PRETAX PROFIT BUT IT IS BEAT NET INCOME FOR UBS. WE’LL BE SPEAKING WITH THE CEO. ASIAN STOCKS EDGE HIGHER AS CHINA’S TRADE NEGOTIATOR SAID THERE IS AN AGREEMENT ON EXTENDING THE U.S. TARIFFS.SCOTT BESSENTS SAID PRESIDENT TRUMP WILL MAKE THE FINAL DECISION. WILL JEROME POWELL FACE MORE PRESSURE FROM FOMC MEMBERS TO CUT U.S. INTEREST RATES. JOUMANNA: WELC ...