Bitcoin halted its slide and stocks staged a cautious comeback as a global flight from risky assets eased. The Bank of England cut its estimate of how much Tier 1 capital the UK's banking sector needs to around 13% of risk-weighted assets. The central bank also warned about growing risks from a profitable fixed-income hedge fund strategy known as the basis trade and called on market participants to manage their risk-taking to avoid a disruptive unwinding of trades that could prompt volatility in gilts. 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 Guy Johnson. (Source: Bloomberg)