Trump Doubles Down on Fed Changes, Burnham Risks Starmer Mistakes | The Opening Trade 7/2/2026

President Donald Trump and his allies are renewing a push to reshape the Federal Reserve after the Supreme Court this week blocked an effort to fire Governor Lisa Cook. Some in the Labour Party are worried Andy Burnham risks repeating the mistake of not being sufficiently prepared for government, as he delays key personnel decisions. Burnham won't announce key appointments until after the selection process for the Labour Party's new leader formally concludes, which could give new ministers a slim window to prepare. 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. (Source: Bloomberg)