Andy Burnham Wins Election In Threat to UK Prime Minister Keir Starmer | Daybreak Europe 6/19/2026

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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Greater Manchester Mayor Andy Burnham won a decisive victory for the ruling Labour Party that delivers him a seat in Parliament and, with it, a pathway to challenge UK Prime Minister Keir Starmer for his job. Vice President JD Vance will not depart as planned for face-to-face negotiations with Iran in Switzerland, the White House said, as the US and Iran begin a 60-day countdown to reach a nuclear agreement and a more permanent peace deal. And Dutch chip-equipment giant ASML is contending with its biggest challenge yet under the Trump administration: In a series of recent meetings, Commerce Secretary Howard Lutnick outlined concerns to ASML’s senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions. ASML says they've never shipped an EUV chip machine to China. Today's guests: Alastair Pinder, Head of EM & Global Equity Strategist, HSBC; Simon French, Chief Economist, Panmure Gordon 
 
 Chapters:
 00:00:00 - Daybreak Europe
 00:03:05 - Andy Burnham wins UK's Makerfield special election
 00:08:30 - US ends Hormuz blockade, stranded oil strems through
 00:12:48 - Alastair Pinder, HSBC Head of EM & Global Equity Strategist
 00:19:57 - US concerned China may have ASML top chip tool
 00:24:16 - Friday headlines
 00:26:27 - Front Page News
 00:27:19 - Russia outreach met with frustration by some countries
 00:33:50 - Burnham advised by ex-BOE, Goldman economists
 00:34:11 - Simon French, Panmure Gordon Chief Economist
 00:41:55 - Tracking the cost of a chocolate croissant 
 00:45:54 - Risk events on the docket today
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