i'm anna edwards live in london.panies begin releasing earnings today starting with royal dutch shell. we also have some into vista -- interesting activist news as well. will kennedy joins me in the studio to take us through what could affect a very good morning. a shareholder once a breakup of shell. what is your take on this news overnight? will: it is a bit of a bombshell to start earnings with, and it shows what a tumultuous time it has been and how activists are really looking carefully at this. this very radical plan for shell, which is, as you say, two businesses, a legacy oil business that would just produce cash and cleaner energy in shell which investors can concentrate on, and i think press and analysts will be focusing on this plan when they talk to the ceo today. anna: activists are motivated by different things. is this the same story? will: there were certainly similar themes. the two similar themes were stop spending on the existing oil business. let that is in us just carry on and gently run down and

i'm anna edwards. this is "bloomberg daybreak: europe." apple and amazon tumble in late trading, sparking fears of an unhappy holiday season. acb hike bets stay alive after mild pushback from the central bank. lagarde says higher inflation will last longer than expected. another earnings bonanza. bnp paribas counts strong growth. >> being distinctively diversified delivered strong growth in the third quarter, and basically confirming the performance which is well above re-pandemic levels. anna: bnp paribas on their numbers. bnp paribas, 2.5 billion euros ahead of what was anticipated. a 900 million euro share buyback program on november 3. the bnp plan, $1 billion a buyback as equities. a 79% jump in equities trading is part of the story. it has been on equity trading we are focused. this is a key area for french banks, and this is the first french bank to report, and a stage is set for others in the sector with strong equities trading. let's get the numbers out of daimler, third quarter ebit, 3.6 billion, another beat against the 3.1 bill

i am a anna edwards london. mark cudmore joins us here in london to take us through all of the market action this hour. the cash trading is less than one hour away. here are your top headlines. the global energy crisis sends oil surging. wti closes above $80 per barrel for the first time since 2014. the power price crunch raises fears once again of elevated inflation. edition roxanne global futures ball as traders await u.s. cpi inflation data tomorrow. u.k. chancellor rishi sunak warrant over potential scarring of the u.k. economy. we are on the lookout for jobs data. that should be crossing the bloomberg any moment now. welcome to the european market open. 7:00 in london. i am anna edwards. mark is with me this morning. what are you watching this mine? mark: i'm getting really excited about front end rates. we are talking about when a rate hike might be priced in, whether it might be december, how much they might do. now that we have the cash market open in u.s. treasuries, they are catching up with the big fu

i'm anna edwards. mark cudmore joints me here in london to take you through all the market action this hour. the cash trade is just less than an hour away. christ pressures. china sees the highest factory inflation after u.s. cpi prints above 5% once again. earnings season ramps up. banks report today. midnight dismissals. the lira slides to another record low after president erdogan fired three central bankers overnight. welcome to the program. this is the european market open. it is just on 7:00 a.m. in london. mark, i wonder what the markets are saying to you. good morning. mark: good morning. it has been a quietly positive session in asia. we can't move beyond the inflation debate at the moment. we had inflation data out of china. it is not feeding through to the consumer. we are getting a lot of nuance. basically every single different kind of divergent interpretation is getting its airtime at the moment and people are swinging back about which type they are in. look at what is happening in the co

i'm anna edwards in london with tom mackenzie.eiling progress, democrats will accept a republican compromise to allow a short-term increase on borrowing. global stocks climb. the great gas reversal, putin offers to ease the energy crisis with strings attached. it causes a surge in prices. the ecb is starting a new bond buying program to prevent market turmoil when pandemic support is phased out next year. anna: let's look at the futures picture, it looks green and buoyant. futures to the upside. we are expecting a rebound. we missed out on the late day rally yesterday on european equity markets. we play catch up this morning, with more optimism around the debt ceiling and gas prices. tom: the asian session has been positive, the first up session in five sessions. hong kong tech stocks back strongly after a record low yesterday. the ftse 100 gaining 0.8%. money markets are pricing in a rate hike by the boe as soon as december as a result of these inflationary pressures. the breakevens jumping 4% yesterday for the 10 year. in spain,

i'm anna edwards.ts me here in london to take you through all the market action this hour. the cash trade is just less than an hour away. christ pressures. china sees the highest factory inflation

i'm anna edwards live in london.s to take us through all of the market action this hour from here in london. the cash trade is just an hour away. here are your headlines. boris johnson says the u.k. does not want to turn away from investment. apple

tom: that was the barclay ceo jes staley speaking earlier to anna edwards and mark cudmore.ore on the wider european banking picture, our correspondent joins us. >> cost and the outlook. there were concerns about variable. the shares were down nearly 10%. they have reaffirmed 12 billion underlying cost this year. i think he is doing a good job. better than that, we have seen guilt moves, the way these guys have articulated how the margin will work, i think consensus will rise. should we worry about loans going forward? >> that is the flipside. inflation, higher rates, you think about bad debt, you think about businesses struggling. we have 80 billion of government lending over the past 18 months that we know nothing about. i'm less worried about barclays book at the moment and a more interested in what is happening with the wider economics. tom: what is the read across from the rest of the sector? >> i suspect barclays are going to struggle more than most did. bnp and socgen look good. the market won't get excited. you won't see this growing consensus. you think one q last y

anna edwards and mark cudmore will walk you through that, next. bloomberg. ♪ this halloween, xfinity rewards is offering up some spooky-good perks. like the chance to win a universal parks & resorts trip to hollywood or orlando to attend halloween horror nights. or xfinity rewards members, get the inside scoop on halloween kills. just say "watch with" into your voice remote for an exclusive live stream with jamie lee curtis. a q&a with me! join for free on the xfinity app. our thanks your rewards. anna: good morning. welcome to "bloomberg markets europe." mark cudmore joins me to take us through the market action this hour. here are your top headlines. evergrande back from the brink of default, expected to make a last-minute bond payment. inflation fears away on the market. breakevens had a 16 year high.

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i am anna edwards. mark cudmore usually joins us from singapore.joins us in london to take a look at the market action. less than an hour away. here are your top headlines. debt ceiling progress. democrats will accept a republican compromise to allow short-term increase on

i am a anna edwards london.joins us here in london to take us through all of the market action this hour. the cash trading is less than one hour away. here are your top headlines. the global energy crisis sends oil surging. wti closes above $80 per barrel for the first

i am anna edwards live in london. mark cudmore joins me. the cash trade is less than an hour away. bank of england officials doubled down on signals a rate hike could be imminent. andrew bailey warns about damaging inflation. a surprise resignation and shock election results under major protest. we bring you all of the details. and tech lives asian stocks but u.s. futures fall slightly after friday's disappointing job forecast and oil continues to push higher. welcome, everyone. it has just gone 7:00 here in london. mark, good monday morning. what are the markets saying? mark: despite the fact that u.s. futures are weaker on the back of goldman sachs cutting growth forecast come in asia, it was a progrowth market. asian markets are higher led by china and japan. commodity prices are higher. a lot of focus on energy prices. and we are seeing yields higher. cash equity markets are closed because of columbus day but futures are falling lower with higher yields in that market. anna: a lot of people asking what they take away from the jobs report? with that in mind, let's have a look at

a minute to go until the start of cash equities trading, i'm anna edwards live in london. stories. the bulls roar back. global stocks rally amid optimism. the s&p 500 posted its best day since march. goldman sachs rounds out the week for u.s. bank earnings after a surge in pound -- pandemic dealmaking. and european car sales are the weakest since 1995 in the month of september as a chip crunch takes its toll. good morning. welcome back to the european market open, 20 seconds or so to go until the start of the european trading session. let's look at the futures, surrounded by green, futures pointed to the upside. coming off yesterday's gains, gains in the united states, and the asia session. the earnings story is providing a positive narrative. buffer global equity markets, that little bit higher. let's have a look at where these markets are opening up then. we'll probably have to wait to get them in full swing. we're waiting for the data from some of the other markets to comply. we have a fix on the auto sector this morning. we'll see whether we get big movement there. i s

edwards has to say there. what's the likelihood that senate majority leader chuck schumer is going to follow that advice, anna?ere, right? it is very, very popular, i should say, on the left to think of different areas and where that might be the one thing that is going to put democrats over the edge, over the hump here on getting rid of the filibuster. whether it's joe manchin, kyrsten sinema and there are other democrats that aren't as publicly vocal. i have a hard time seeing the debt ceiling being that key issue that really motivate the base has moved senate democrats any way, shape or form that this is the time and now is going to be it. i think the debt ceiling is something most americans probably don't understand is going to be the issue to motivate them to take this on. >> i know all about the debt ceiling and i'll probably talk about it at another point, but you don't think that the risk of default for the first time in the history of the united states where the markets will crash, interest rates will explode, that that is not enough of a motivating factor for those democrats hiding behind joe manchin