alix: the bloomberg market open is up next with jon ferro. ♪ jon: from new york city, i am jonathan ferroing. ♪ ♪ jon: coming up, it is payrolls friday. treasuries declined. the dollar jumped. at the fastest pace since the end of the recession. bond weakness returns for u.s. stocks. and groundhog day for deutsche bank. revenue falls to a seven-year low. pressure building again on ceo john prime. -- john cryan. into negative territory, down 17 on the s&p 500. the fx market in the g10 space, a strong dollar story against everything. 1.2440.lar back to in the treasury market, yields climbing higher. some of it from the payrolls affect in the last 30 minutes or so. with a big

jon: from new york city, i'm jonathan ferro. this is "bloomberg real yield." coming up, congress and a government shutdown, passing a spending bill worth over $300 billion. will forceg deficit u.s. to borrow $1 trillion this year. finally showsket a few signs of catching up with credit. volatility making a comeback. >> the market is finally catching up with fed expectations. the labor market is starting to take hold with wages and employment. i think the market is waking up to the fact that the plan that the fed put in place is actually justified. >> we have more policy uncertainty which can naturally lead to more economic uncertainty which will lead to more market uncertainty and that will end up with more volatility. >> these things take time. it's hard to have such a dislocating move without creating all kinds of wreckage around that you are not expecting. >> lower long-term yield, that could lead into higher evaluation. i don't see a financial crisis on the horizon. we are paying close attention to it. qe unwind more getting priced in. the boj was buying.

tom keene in jon ferro -- and jon ferro.rd allradio can be across united states on sirius xm radio. this is bloomberg. ♪ taylor: this is "bloomberg daybreak." hewlett packet enterprise greenroom -- merrill lynch global head of commodities. ♪ now to your bloomberg business flash. qualcomm shareholders let broadcom by their company for cheaper price than they would like. a shareholder vote will help design the fate of the bed. one fund manager said investors are not happy with the price but they are ready to throw the towel in. china, -- over food delivery. according to persons familiar, alibaba has agreed to buy the .hares of the startup the e-commerce giant already had a 20% stake in the company. valued up to $6 billion last year. black panther keeps packing them in. the disney marvel superhero movie has become the only the fourth film to earn $100 million or more in its second weekend in theaters in north america. worldwide, like cap has taken in more than $700 million. that is your bloomberg business flash. david: we are g

you can tune into tom keene and jon ferro on the radio from 7:00 to 9:00.d all across the united states on sirius xm radio. this is bloomberg. ♪ ♪ kailey: this is "bloomberg daybreak." i am kailey leinz in the hewlett-packard enterprise green room. coming up, jim messina, former deputy white house chief of staff. now tear bloomberg business flash. -- now to your bloomberg business flash. -- million dollar bet against simmons. bridgwater disclosed the decision against the largest engineering company in a filing. simmons hasn't commented. it shares are down 6% this year. a private equity firm in a dutch forion fund -- making a bid -- would be a fund pggm minority: investor alongside apollo global management. the unit could be valued at more than $12 billion. disney has increased ticket prices at its theme parks. the world's largest entertainment company also said it would introduce 6-day to getting -- ticketing. that is your bloomberg business flash. david: if you are in the market to invest in companies, what does turmoil in equity markets mean for you and w

today, tune into our colleagues tom keene and jon ferro from 7:00 to 9:00, and pimm fox joins tom from 10:00. it could be heard all across united states on sirius xm radio. live from new york, this is bloomberg. ♪ ♪ taylor: this is bloomberg daybreak. coming up at 9:00 on bloomberg, the open. jim paulsen. now to your bloomberg business flash. in france, a 10 year extension of the ceo has been for another four years, focusing on the automaker's partnership with nissan. meanwhile, renault he remains the second-in-command to take over. a record year for natural disaster claims is not keeping the company from raising dividends. europe's biggest insurable stick to their buyback plan. with one ofcontend the worst atlantic hurricane seasons in history. plus, california wildfires in the fourth quarter. the rush to see the disney marvel "black panther" is underway, expecting to take in a quarter billion dollars wide in the first weekend. it is likely to question long-held hollywood belief that movies with an entirely almost black cast cannot become global blockbusters. that is your bloomberg bu

and as you come in today, you can tune into our colleagues tom keene and jon ferro from 7:00 to 9:00,hen pimm fox joins 10:00,m 9:00 until "bloomberg surveillance" all across the united states of america on sirius xm radio. this is bloomberg. ♪ kailey: this is "bloomberg daybreak." i am kailey leinz. mikeg up in the next hour, 's well, goldman sachs asset management global head of fixed income. -- goldman sachs asset management global head of fixed income. now your bloomberg business flash. walmart is spending money on the e-commerce leader flipkart. it would be part of a deal that would boost flipkart's valuation to as much as $20 billion. feeling the pressure. movie passes it has been warned that long-term viability is in question. the start of has 2 million subscribers who can watch one film a day in a theater for less than $10 a month, but the more members act, the faster movie moviepassns cash-- burns cash. 2017 was described as unusual an eventful, but the danish coming sees profit rising in 2018. maersk is selling energy units to focus on transport. that is your bloomberg busin

open, andrewe mackenzie will be joining jon ferro, interested in that conversation and what they willder a lot of pressure to dump them. and looking for a softer open in equities in the u.s. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. jonathan: from new york city i'm , jonathan ferro. this is the countdown to "the open." ♪ wall street returns to work, u.s. futures are lower after the s&p 500 delivered its biggest weekly gain in five years and we are digesting a monster $258 billion where the of treasury auctions over three days and looking at the damage from high-yield. the biggest test is yet to come. the story is, futures are up, stocks are down on the s&p 500, -6/10 of 1%. dollar

and as you commute today, tune in to tom keene and jon ferro on radio and pimm fox joins at 9:00 a.m.be heard all across the u.s. on sirius xm. ♪ ♪ alix: this is bloomberg daybreak. taylor: i am taylor riggs. coming up, herman cain, former bank of england governor -- mervyn king, former bank of england governor. now to your bloomberg business flash. high-tech trial six years in the making in san francisco. opening statements are made in economy and hewlett-packard. prosecutors say economy could a value to write down of a $.8 billion a year after buying the british company. defense lawyers say the cfo is a scapegoat. consolidation in the semiconductor business. microchip technology is in advanced talks to buy microsoft a, a market value of $7.6 billion. more than one year ago, hasbro predicted that the movie black panther would be a monster hit. it did that by asking kids what they got in the results have brought in more toys for black panther than any other marvel character in a first full-length movie. the company said demand has led it to ramp up production. that issue bloomberg bus

join me and jon ferro coming up. ♪ ♪ >> the financials of this quarter are spectacular.abet, amazon, all on deck. the fed hits a slightly more hawkish tone in janet yellen's last meeting as fed chair. $80 oil. goldman sachs boosting its price forecast by a third. david: welcome to bloomberg daybreak. back with an excited alix steel because of oil. alix: it is a good day for me. welcome back, david. 2.5 hours to the cash open in the u.s.. futures are modestly higher. it has been a wishy washy morning. a broadly mixed dollar on the whole. euro-dollar 1.24. the selloff picking up steam

fox,f with jon ferro, pimm including a briefing across asset classes. please stay with us.rk this monday, this is bloomberg. ♪ francine: this is "bloomberg surveillance." i'm francine lacqua in london. tom keene is in new york. let's head over to germany. deutsche bank has announced its intention to sell shares in its asset management unit. the initial public offering will take place in the earliest available window. the move kicks off what is usually a four-week run-up to the ipo. it will only sell existing shares and doesn't plan to issue new ones. joining us is steven arons. he joins us from frankfurt. thank you for joining us again. when you look at the deutsche bank turnaround, how dependent is it on the ipo of this asset management unit, which you could say is the crown jewel for deutsche bank? steven: it is. interestingly enough, the turnaround is not really dependent on the ipo. ,hen they announced their plans in march last year, they were constrained by low capital, but they pulled off a capital increase last year, which has reassured investors about capital streng

jon ferro would call it a witchy market, a lippy market.en, -10, and the vix at the 32 level. francine? justine: yes, tom, we are looking at some of the news in the premarket in the u.s. we have seen the u.s. and also the fedex, this is as, we understand, amazon may be beginning its own delivery service. we know when we shop on amazon that they use other delivery services. at the moment, we understand they are exploring a delivery exit, tom. tom: really fascinating. it will be interesting to see how they dabble on the boxes outside our front door. holding a record number of amazon boxes outside their door, francine, is james sweeney of credit suisse. how many boxes have been outside? james: probably 10. tom: francine, do they have come in the united kingdom, piles of boxes? francine: i bring back presents delivered by amazon. at the moment, tom, they are seeing amazon is expecting to roll out the service in los angeles in the coming weeks. again, if you look at what amazon has done, the sale of amazon, even with the acquisition of whole foo

tom: i interviewed with -- i believe it was jon ferro, the winkle boss -- single boss -- the twins atharvard? inventedhey say they facebook and they did not, either. all these people are charlatans, swindlers, there is manipulation occurring. it is a bubble, but it is going bust. every day it's down 10%. the proof is in the facts. francine: do you legitimized bitcoin or cryptocurrencies by regulating them? noriel: i don't think so. i think a lot of what has been done so far is they only -- they are only used in payments by bitcoin and it was not anything legitimate because as i said, to buy a coffee, you have to pay $50. regulators have been saying we cannot accept it. even steve mnuchin said we cannot allow bitcoin and cryptocurrencies to become the next swiss bank account where every criminal in the world or everyone trying to avoid taxes will do it. the fall of bitcoin is directly correlated with regulators saying enough of this scam. francine: not everyone is criminal -- you could argue in a country with capital controls, you could get money out using cryptocurrencies and not nece

. ♪ jon: from new york city, i'm jonathan ferro. this is "bloomberg real yield."ngress and a government shutdown, passing a spending bill worth over $300 billion. will forceg deficit u.s. to borrow $1 trillion this year. finally showsket a few signs of catching up with credit. volatility making a comeback. >> the market is finally catching up with fed expectations.

jon: from new york city, i'm jonathan ferro. this is 30 minutes dedicated to fixed income. this is "bloomberg real yield." ♪ jonathan: coming up, congress ends a government shutdown, passing a spending bill worth over $300 billion. a ballooning deficit will force u.s. to borrow more than $1 trillion this year. the equity market finally shows a few signs of catching up with credit. we begin with a big issue, volatility making a comeback. >> the market is finally catching up with fed expectations. i think the labor markets are going to take hold with wages and employment. i think the market is waking up to the fact that the plan that the fed put in place is actually probably justified. >> we have more policy uncertainty which can naturally lead to more economic uncertainty which will lead to more market uncertainty and that will end up with more volatility. >> i would argue it is not really done. these things take time. it's hard to have such a this locating move without leaving all kinds of wreckage around that you are not expecting. >> if the bond market and stock market ar