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Daybreak Weekend: US CPI, Cannes Festival, Bessent Visits Japan | Bloomberg Daybreak: Europe Edition, Sonic AI
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Daybreak Weekend: US CPI, Cannes Festival, Bessent Visits Japan | Bloomberg Daybreak: Europe Edition
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May 9, 2026
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47:23
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Daybreak Weekend: US CPI, Cannes Festival, Bessent Visits Japan | Bloomberg Daybreak: Europe Edition
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Bloomberg Daybreak Weekend
Bessent Visits Japan
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Executive Summary
Analysts are bracing for a week of key U.S.
economic data, with expectations of rising inflation in both the Consumer Price Index (CPI) and Producer Price Index (PPI), potentially complicating the Federal Reserve's path forward.
Corporate earnings and analyst actions are in focus, particularly Hims & Hers Health's new partnership to sell Wegovy, and positive analyst ratings for Applied Materials and Cisco's growing AI orders.
The global film industry is at a crossroads, highlighted by the Cannes Film Festival, with major studios producing fewer blockbusters, tech giants like Apple and Amazon increasing their presence, and AI's role in filmmaking beginning to emerge.
Key Asian economic developments include Japan's efforts to defend the yen against the dollar ahead of an expected Bank of Japan rate hike, and a strong recovery in China's inbound tourism, boosted by visa-free policies.
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Inflationary Pressures and Monetary Policy
The Evolving Film Industry
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