Diageo Hit By Latin America Slump as Drinkers Spend Less | The Opening Trade 07/30

Standard Chartered announces its largest ever share buyback program. We speak exclusively to CEO Bill Winters and get numbers out of Diageo, L'oreal, Airbus and big tech in the US. BP maintains the pace of its share buybacks and boosts its dividend. Meanwhile oil trading giant Vitol posts a record $6.5 billion payout, as investors digest commodity risk from Venezuela to the Middle East. France's economy grows more than expected. Spain is up next. We analyze the numbers live and analyze what it means for the ECB. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Tom Mackenzie and Kriti Gupta.

00:00:00 - Intro
00:00:30 - BP Earnings, Diageo Earnings
00:01:11 - The Agenda: Standard Chartered Buybacks, Tech Earnings, BOJ Rate Decision, StanChart
00:13:10 - NeuBerger Berman's Head of FX Trading Sees September Fed Cut
00:23:029 - Warren Buffett Cuts Bank of America Stake Again
00:36:06 - Euro Area GDP Due Today
00:45:00 - Spain GDP Numbers, Diageo CEO on Latin America Slump as Drinkers Spend Less
01:04:13 - BP Earnings
01:11:46 - Alti Tiedeman CIO on Fed Cutting Rates, Melon Meets Xi to Strenghten Italy, China Relations
01:24:40 - Meloni Touts China as 'Key Player in Ukraine Peace, Japan Firms Facing Pressure to Keep Prices Low


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