thank you so much to michael sneyd, global head of fx strategy. will be continuing the conversation with our colleagues on bloomberg radio and 7:30 a.m. u.k. time, so make sure to stay tuned. up next, the fed's annual symposium gets underway. we are waiting for powell's jackson hole debut later. live coverage from the gathering of central bankers in wyoming. our top guests including the fed president of st. louis, cleveland, dallas, and atlanta. we have already heard from esther george. she was talking about the number of rate hikes our planned and trying to brush up political pressure and talk of it. this is bloomberg. ♪ nejra: from london. i am nejra cehic. anna: i am anna edwards. here is "bloomberg daybreak: europe." howell makes his jackson hole debut, but don't expect him to be far from messaging. anna: turnbull ousted. will become the sixth prime minister in 11 years. its stocks in sydney and the aussie dollar gain. morrison is set to speak 7:15. processo significant sets the stage for further escalation of the trade war. good morning, every