Kevin Warsh to Speak at Sintra, Trump's $1.4B in Crypto Earnings | The Opening Trade 7/1/2026

Today’s main event takes place in Sintra, Portugal, where the ECB hosts the final day of its annual symposium. The Fed’s new chief Kevin Warsh makes his first public appearance outside of the US alongside the ECB’s Lagarde and BOE’s Bailey. Markets are looking for any clues about the trajectory of rates. President Donald Trump reported earning at least $1.4 billion in 2025 from crypto and memecoin-related businesses, according to his latest annual financial disclosure. Trump reported making more than $594 million from sales by World Liberty Financial, the crypto firm whose co-founders include Trump, his sons, and Steven Witkoff, a top diplomat in his administration. Zach Witkoff, the special envoy’s son, serves as chief executive officer. 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 Anna Edwards and Tom Mackenzie. Chapters: 00:00:00 - The Opening Trade 00:00:45 - Market Check 00:01:48 - Kevin Warsh in Sintra 00:05:08 - Yen Higher from 4 Decade Low 00:06:43 - Anthropic Fable 5 Export Restrictions Lifted 00:11:11 - ECB Policymakers on Inflation 00:21:50 - Trump Reports $1.4 Billion in Crypto Earnings 00:22:09 - Schneider Electric to Buy AI Firm Cognite 00:22:50 - Nike Stock Falls 00:25:06 - Bond Market 00:35:26 - US Says Witkoff, Kushner Had Positive Talks in Doha 00:39:39 - Bullish July Is Just a Matter of Timing: MLIV 00:47:25 - Stocks to Watch: Sportswear, AB Foods, Schneider Electric 01:05:44 - Anthropic Fable 5 Restoration 01:17:34 - European Steel Association Director General Axel Eggert 01:26:42 - McKinsey's Olanrewaju on Europe Business Outlook, AI 01:33:15 - US Jobs Report This Week -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts