clara barton. thrill of thehe day. still is. i shined my lights back in their and there were utensils, , newspaperswspapers from 1859 of to 1868, the whole account of the civil war. [indiscernible] -- hundreds of yards of it rolled up. sometimes stuff falls on the ceiling or comes up out of the floor and a picket up and i threw it in there -- take it up. and i throw it in there. i didn't know what to do, so i packed up some of the stuff and hit it. and i will came back -- come back on monday. i came back on monday and i ran into one of the project managers. i asked them what they were going to do, and he said, were going to turn it down. i said, well, why? he said, well, we don't need it. i said, would you going to do with it? he said, we are going to keep that building. i said, -- [indiscernible] , i found someing stuff in there that relates to a very important time in our history, to a very important person. and he turned and says, -- [indiscernible] i thought he was going to pass out. [indiscernible] myself to do upon what i

but i can make a good case for clara barton. good case for clara barton.she is not somebody you would want to hang which frankly. she was very worthy. an earthquake hits nepal and the red cross is there and it is because of her aunt that is true this many years later. i could make that case. [applause] >> not to change the subject too much but an inner city library used to fund raise and came across a book i paid $0.50 for, in two generations, three major religions. >> america, america. >> is there have the ending? >> 49 years this week. steve and i have hosted and i have cooked at our house for the last 47 years and it is written for marriages. >> i have enjoyed all three of your books on women's history and i was wondering if you going to continue the journey up. >> yes. i don't know how necessarily. people say what is your next project and this book almost kills me. it is like saying mrs. roberts, you just had triplets. when is the next baby coming? i am not exactly, things rattling around, but the immediate one was here last year, the children's book o

clara barton had come here to work in the government. she worked in the patent office and she actually made as much as men for a period of time. then, during the war government girls did show up in the same way as they did during world war ii. mainly it was women coming to make a living when their husbands are the men and their lives gone. then it coincided with congress passing the bill to allow the printing of greenbacks to finance the war. then, as now, the money comes off the printing presses in great huge sheets of bills. it's a. it's a lot of fun to watch if you haven't seen it. now course it's all caught up into individual bills by machines. then it took took women sitting there was scissors, cutting out bill, by bill, by bill. the treasurer of the united states, general skinner, said women are just better was scissors than men are. he also thought he could pay them less which was something many of us experienced in our own lives. then rosie the riveter, the equivalent, in my view the women who work in the arsenals. which they did

and then kyle barton is one of those stories where she was from a new england family of suffragist and new abolitionist women. she came to washington to get a job with the government to try to make her money and she did for a while. then the war happened. in fact in the capital they were in the senate chamber and she started bringing supplies and nursing them and reading them newspapers and all of that. so they started writing common saying verses woman here who can do all this. people from all over the country start sending their supplies. she said i've got three warehouses full of supplies so the center where she wanted to go which was the front and she was incredibly brave and intrepid to all the wars around the caroly antietam which remains of course the single worst day in american history in terms of casualties. and then after the war one of the last acts that lincoln performed was to allow her to set up a missing persons bureau soshi so she found missing soldiers but she also identified the graves of tens of thousands of soldiers so they were given the respect of mr grave and no

clara barton looking back on it at a memorial day address a couple of decades later said woman was ateast 50 years and it fans of the normal position which continued peace would have assigned for so it is quite a story. i love getting to know these women and i know you will too. thank you for letting me share them with you and i'd be glad to take your questions. [applause] >> questions? there's a micromight there. >> why does it seem women always seem to be conveniently deleted from the history? >> why are the women conveniently deleted from the street bikes because the men don't care but as liz said earlier its infuriating and it's inaccurate. you can't tell history leaving out half of the human race and have an accurate history. thank you. but also it's so much more fun to have them. they are just more interesting. >> i thought you and mr. mr. beschloss were terrific at the national archives, wonderful program. you mentioned kind of in passing how many of these people either went to visitation school or had a role there. can you talk more about that? >> visitations stayed in operati

first, how the markets are affected with mark barton.ark: let's start with the epicenter of the global selloff, glencore. shares catching up with what happened and london shrinking by 20%. in hong kong. after london fell 29% on monday. the biggest decline ever. the intraday, weapon open for one hour in shares are up by 7% and has been as high as 10%. today, 74 white stuff the value of the share price. off of the share price. we have a fight to safety boosting the u.s. treasuries a european government bonds. japan is a haven of choice today. let's look at the bloomberg world mining index. that encapsulates the biggest miners in the world. 2015 and you will see clearly what is happening. day,rs falling for an 8th the longest stretch since earlier this year. glencore is dragging down the sector and at the lowest since 2011. you know why. a deteriorating chinese economy leading to the 15 month selloff which is followed to the lowest since 2008 since reaching the high for the year earlier this year in may. it has followed by 41%. the stoxx 60

. >> next on book tv, barton swain talks about his experience as a speechwriter for former south carolina mark sanford.

i am mark barton here in london. ♪ it is about a: 40 here in the city of london.today's top story. it's has revised 20 -- 2016 gdp -- cutting the figure by .1%. the nation's economy grew last year. the world's biggest public we traded commodity supplier, glencore, plans to cut $10 billion from its next that. -- it's next debt. glencore holds stock in hong kong just before the announcement this morning it to company posted its biggest weekly decline in london trading last week. tesco has confirmed it is selling its south korean unit. the deal to sell the business is valued at 4.2 billion pounds. two weeks until the snap elections, until alexis tsipras --desperate alexis tsipras's -- healexis tsipras's spoke to global -- he spoke to bloomberg about his vision for greece. >> we want to be a government for new democracy at its core. that does not mean we surrender completely. it means we go into negotiation with concrete arguments and an appetite for communication. foreas the negotiation team mr. tsipras went and without knowing its homework. each review of the agreem

i would like to give you a little tour of clara barton's missing soldiers office. she lived here during the civil war, and this is where she got her start in humanitarian relief. are inside the space where clara lived during the civil war. this part right here was last renovated in about 1910. as we go up the original staircase, starting about the second floor landing, it is all original. the wood steps and bannister that clara used every day when she came to and from her boardinghouse room. the first floor of the building was a store until 1993. there was a shoe store in there. then the second floor was either professional space, offices, or places for the people who on the first floor would live. while, they never use the thread for. -- the third floor. they blocked off the third floor so nobody could get up there. it was pretty much the way when the general services administration discovered what this building was when they were getting ready to demolish the building.

thanks so much, mark barton.idn't think he will also have the james bond trailer on his twitter. -- i think he will also have the james bond trailer on his twitter. manus: this will be one of the most hotly watched results. tomorrow morning, all the news programs and the united kingdom are following this late yesterday evening. live specials where he was speaking last night, along with the unions. ineis the hard l left-winger, the favorite to become the next leader of the u.k. opposition. he's divided the party with his calls to end austerity, nationalize energy companies and go for the railways. tony blair has warned that labour faces annihilation if corbyn becomes leader. our next guest is a supporter of would argue and she that anti-austerity is mainstream economics. professor,conomics excuse me, at the university of sussex. marianna, welcome to the show. say this isay you becoming mainstream economics. we had a great debate. that is what the letter and "the guardian" said. s propositions even to a mild-manner

over to europe where mark barton is standing by. a huge story. what is happening elsewhere?cks are up today. they fell friday after the fed did nothing. three fed officials suggest there will be a rate hike this year and stocks rise and make sense of that. that is the hue of the european stock today. that is an interesting one. stocks lower today. a nice stat for you. since august 24, were global stocks sank by the most in four years, greece is the second best-performing stock market in the world. the best, let the o's benchmark stock index. let's look at some currency moves today. goldman sachs says the euro could fall up 10% because the ecb is going to expand its qe program. the euro will fall down to 102 against the dollar. comments for credit today. a big, sterling bull out there. do not take too much notice of the fed's -- comments because the bank of england two months after the fed, the fed will raise in december. say the bank of england will go in the second half of next year. a look at the bond markets, stocks are rising and bonds are falling. an interesting bond ma

that's go to mark barton in your. -- in europe. mark: the biggest weekly gain in 2 months. only one thing that matters. next week's federal reserve policy meeting. investors are confident china will stabilize its financial market and economy, which led to the first rise in asian shares in eight weeks, and the first increase in chinese shares on a weekly basis in four weeks. percentebounded i've since dropping 5% on august 24, the biggest decline in seven years. the index, europe's benchmark is 13% below april's record. the biggest moving equities across europe on this friday's session, a swiss drugmaker, 5.4% lower. late on thursday, it is in talks to buy texas-based veggies farm. skeptical because of price. a danish television company, 7% lower today. theydic telecom company, have the merger of their danish businesses. that means that this company is going to be -- that there's going to be less competition in the market and ins the prospect of that competition. glencore is a big decline or. it was one of the biggest weekly declines ever. i put it up because it has rebounde

tom: mark barton, really appreciate it.oming up in the next hour, the conversation with peter orszag on the nation's improved deficit. peter orszag on a government shutdown possibility and on the glide path, the smooth trajectories wished for by a federal reserve. from new york city this morning, this is "bloomberg surveillance ." ♪ tom: always magisterial, sometimes gorgeous. new york city, a cloudy morning today, just sparkles in the september air. of course, a city that will greet the pope here. he touches down in washington at 4:00 p.m. this afternoon, then migrates to new york and philadelphia over the next couple of days. good morning, everyone. "bloomberg surveillance." next hour.g in our how about a morning must-read that ties in two of our guests? i have been using him to bank much, he is that good. have behavioral economists discovered anything new, or are they simply replacing some wrongheaded notions of post-world war ii macro thatmics with insights people in business have understood for decades and maybe even c

thank you, mark barton joining us from london.n central bank left all unchanged as expected. he cut the euro area's growth outlook and also said the ecb will use all tools at its disposal as needed. >> we wanted to emphasize in the discussion we have today, a willingness to act, a readiness to act, and capacity to act. ready, willing, and able. you heard it from his mouth. joining us is the chief economist from frankfurt. i know we are having a little trouble with the line, but give me reaction to what you heard from mario draghi this morning. dovishink it was a very present on his birthday to markets. to more qe,e door it doeshe same time, not even discuss how and when it walked through the door. we have to wait only if the economy starts to falter. is qe in europe working? it is, workingnt to the extent that we do see a gradual economic recovery taking place. thes obviously not taken to -- mainly driven by energy prices, and not in by -- nothing qe can do about it. how worried should we be about diversions in the eurozone, the f

mark barton has more from london.ario draghi's birthday but it was he who with the bringer of gifts at the ecb released its revamp. it will be able to buy more of each euro members debt. from 25% previously. the reset gave them more flexibility to the region central bankers as they prepare to continue bond purchases until september next year. weaker commodity prices slowed trade and volatility in global equities. it has fueled speculation that more stimulus is on the way. groggy warned the emerging-market route is a threat to the global expansion. stimulus is programmed to continue until the end of september next year, or beyond if necessary. that was eight feet to language that has more strongly than before on official readiness to expand purchases. emphasizing the discussion we had today, there is willingness to act, readiness to act, and it is capacity to act. mark: it is also talking about inflation and growth forecast because of the weaker global output. point 1%.raging inflation with an acceleration of 1.1% next

mark barton has those details. letters, continuing to dictate how every singleets -- group fell today. look at the color on the screen. last month, the biggest fall for european equities in four years. more of the same on the first day of the new month. 14 out of 18 of europe's main equity markets have sunk 10% from their highs. it wasn't always about china. franceturing data out of come a contraction in germany. not as muchansion as estimated. unemployment in the eurozone felt to a three-year low. something for the ecb to consider when it meets on wednesday and thursday this week. have a look at the big movers in europe today. it was not all about the decline. roughly 15 stocks rose on the stock 600. the swedish maker of medical returning to growth. look at glen core, 9% lower today. it has been hammered since china devalued the yuan. it has lost 33% of its value. man group 7% lower today. its china unitof was taken into custody to assist with the police probe into market volatility. 600, losing stock 300 billion

matt: let's head to europe or mark barton is standing by. stocks in europe have fallen to the lowest level since january. investors waiting for janet yellen's speech a little later. minor sinking to the low after that goldman sachs report for casting a slump in copper to $4500 a ton by the end of next year. that is if the fed starts to raise rates and demand stalls in china. a bit of a lift from german business which unexpectedly rose. that is because of domestic demand striking off fears of lackluster demand in emerging markets. still, you can see the feel of the market. this is an interesting story. sinking to a 12 year low -- the norwegian krona sinking to a 12 year low. that is after the unexpectedly cut interest rate to try and shield the economy of the slumping oil price. by the way, the oil price is relevant for no way because it is europe's biggest oil producer. that is the currency story of the thursday session. you can seat money, stocks down, and u.k. yields, italian yields, and german yields all lower today. i cannot not talk abo

let's get straight to mark barton.k: welcome back manus. .hares continuing to slide glencore shares down a percent this morning. -- shares down 8% this morning. we had a goldman sachs note saying measures announced by glencore to shore up its balance sheet will not be enough. both measures slashing dividends, selling shares on friday. it is looking into selling a part of its agricultural this is. coming in close, this is a one-month chart. if i were to show you a chart going back to make 2011, which is when shares were sold to the public, it would be a similar chart. in the month alone, shares that glencore have fallen 39%, since the ipo. shares down 83%. shares never closed higher since the first day of being sold to 2011.blic on may they are a penny stock now. it is a quite extraordinary fall. linked to the concerns about the china economy. linked to concerns about its financial viability. manus: mark, thank you very much. it is about their ability to make it through with these sliders. let's was gear and talk politi

here is barton crockett, media analyst at fbr.ow much can this manufactured holiday do for disney? is it as big as prime day or cybermonday? >> you know i think it's hard to say. i mean "star wars" is a huge franchise, but it's not a movie, it's a $2 billion-plus sales franchise, with the movie kicking in, we haven't seen this in ten years, we don't know how big this could be. my gut tells me this is going to be very big. certainly it's great promotion for the movie to have big publicity around your toys. so we're very hopeful that this going to propel the consumer products licensing, hem the theme parks. >> we've seen some analysts say all right, $5 billion in sales gets disney about $ 500 million in licensing revenue, does that seem right? >> that seems right. i wouldn't disz agree with that what we don't know if they'll hit the $5 billion number. which seems plausible. >> we have dreamworks splitting off from disney, we have apple getting into content. we saw what the market did to disney stock after its earnings earlier in aug

we will have mark barton looking at the markets.ngs.ada what it means for angela merkel's germany. is this the legacy she wants for her chancellorship? ♪ francine: the final countdown, is the world economy about to be stress tested by the fed that is about to meet. $1.3 billion shares are being sold to protect its credit crating. at glenncore. and corbyn prepares for a clash with the prime minister. after labeling them poverty deniers. francine: good morning to our viewers in europe and africa. good evening to those in asia and welcome to those just waking up in the united states. i'm francine lacqua. this is bloomberg live from the headquarters in london. the inflation is at 0.1% versus the.0eu92 estimate we had. a little bit of concern if you're an investor that worries about deflation. the market is holding up looking at gains in asia and the fed's countdown to policy decision begins today. and they meet to decide whether to raise rates for the first time since 2006. for more on how the markets are behaving, let's go to mark bart

let's get straight to mark barton.he expectations components of this index is the disappointment because economists were going for a number of 18.3, which was still down on the previous month 25 points. it has fallen as much as 12.1. expectations has come in at 12. 1, down from 25. the current situation there has improved because the survey which is an investor expectations survey has risen to 67.5. the expectation was further survey to slightly decline to 64. so, the current situation has improved. actuallytation has slumped. let's see how the euro's responded to that change against the dollar. down by roughly .1%. to be fair, it is all about the fair, -- the fed, and the chinese economic slowdown. as shown by industrial production and investment data over the weekend. but the current confidences not too bad. but the expectations component certainly something to worry thet, adding to signs slowdown and emerging markets does threaten to be a drag on growth in europe's biggest economy. e bank of japan has refrained from

let's check in with mark barton.hina is continuing to dictate how the markets are feeling on the first day of a new month. newmont, same old china. that gauge of chinese manufacturing falling to the lowest level in three years. stocks are selling off as they dated august following the yuan devaluation. have a look at the chart i've chosen -- this is the mfci asia-pacific index. in august, it had its biggest monthly drop. it says it on the tin. the shanghai composite today fell as much as 5% after that manufacturing report. they finished the day down by 1.2% and it is believed that state backed funds are using afternoon share prices to boost the market before this week's world war ii victory parade. don't forget -- $5.7 trillion was wiped off the value of global equities in august because of events in china. the s&p 500 fell by 6%, the biggest drop in three years. 8.5% --x 600 is down by the biggest monthly drop in four years. the is the data point to date -- the australia's central bank is keeping interest rates unch

mark barton, thank you very much. weekend, his special.all,talked about we were talking briefly about rugby and about the challenges that south africa, australia, new zealanders days when they come to the u.k.. the pound is strong in their currency is weak. the you feel sorry for them in this regard? >> i will feel sorry for them if we win it. what goes around comes around in that sense that yes, for taurus -- tourists. go back a few years when all of was high. china was booming. they should have come here them. i went there then. or as all goateed total result -- anna: the consumption of beer at rugby tournaments is a fairly inelastic number. >> the length of the time to buy at halftime and the length of the queue is all that matters. spending on goods in the shops at the stadium -- i think that is more likely to be affected. that is where the pain false. falls. imagine being transported to the center of a syrian refugee camp. it is real except you're not really there. that is the aim of the united nations virtual-reality filmmaker. steve

mark barton with "on the move." things are moving. guy: they are.y get a positive open, only just. a bit of green on the screen in terms of fair value calculations. it has been a down day for european stocks but it looks like we may open on the front foot. we are looking forward to his interview. anna: mario draghi will be speaking later on today. what will we hear about what they will do? mark barton is up next. ♪ mark: good morning and welcome to "on the move." let's get straight to your morning brief. manufacturing slowdown, chinese pmi continued its contraction streak. asian stocks feel the pain. the chinese buying spree, the nation will buy 300 boeing aircraft. topident xi jingping tells executives in the u.s. that china is open for business. chief executive martrin winterkorn's future is in the .alance at volkswagen let's have a quick peek at what futures are indicating. futures a little lower, caroline is here with the touchscreen. caroline: after the worst three-day rout cents august and we were concerned about china's growth trajectory, it

and accompanying that expedition very famously is clara barton. she uses her considerable political power, her association, her leadership with the missing soldiers office, to invite herself on captain moore's expedition. one of the dramas is those two leaders, clara barton and captain moore, are at loggerheads the entire time. the -- they are fighting over who is going to get credit for the work at andersonville. them and,peaks to quite frankly, not flattering ways. the army does the work of using the captured record, the death records they have with them. famous, the most prisoner, he served as a clerk in the prison hospital and he was one of half dozen boys who are keeping the death register, other records of the hospital complex. he is famous, and rightly so, for one of the bravest acts of conscience in the entire civil war. in mid-august 1864, when 100 men are dying a day, he thinks to himself, if my government knew, they would stop this. and he commits an act of bravery. he makes the choice when the chief surgeon is not present to start copy

michael barton. as well as james looney combining on the tackle. >> joel: you have to sink everybody back in coverage now. you have a 14-point lead. you'd love for heard to have to run on every pass attempt. >> gus: heard now near side. daje johnson. johnson gets up to the 25. heard has rushed for over 100 yards on 20 carries. two touchdowns rushing. >> joel: almost thrown for 300 yards. getting near that mark. they need to score quickly. >> gus: here's heard on the play fake. with time. incomplete. johnson crossing the field with the intended receiver. he wanted the flag. won't get it. mcclure defensively for cal. >> joel: i thought mcclure arrived a little early. the problem is the ball was so far out in front, i don't think you can make a reasonable argument that johnson would go down and catch that ball. he was already running as fast as he could. still way out in front. even if he dove, i don't think he would have caught that ball. >> gus: second and 10. heard. bounces out of the pocket. turns i

let's go straight to mark barton.eard this news, and this is a profit warning -- they are setting aside 6.5 billion euros to deal with this -- -- this emission scandal, and the number could go higher. the share price is down 11%. mark: the share price eight minutes ago was 5% lower. now it is down by 10%. i have circled it. this is not something you see every day on the stock market or for a specific stocks. the stock was already declining. about seven minutes ago, it was 5% lower. lower after0.73% this announcement that volkswagen has set aside 6.5 billion euros. it's to adjust earnings targets accordingly. the discover these affect 11 meal -- 11 million vehicles. we were led to believe the discrepancies affected half a million vehicles in the united states, which leads us to suspect that this is not a purely u.s. led mattter. south korea investigating cars there. diesel discrepancy, at best 11 million cars worldwide. that is the red sticker on your bloomberg terminal. it brings me back to the two-day chart. things a

michael barton. as well as james looney combining on the tackle. >> joel: you have to sink everybody back in coverage now. you have a 14-point lead. you'd love for heard to have to run on every pass attempt. >> gus: heard now near side. daje johnson. johnson gets up to the 25. heard has rushed for over 100 yards on 20 carries. two touchdowns rushing. >> joel: almost thrown for 300 yards. getting near that mark. needs a big completion. they need to score quickly. >> gus: here's heard on the play fake. with time. incomplete. johnson crossing the field with the intended receiver. he wanted the flag. won't get it. mcclure defensively for cal. >> joel: i thought mcclure arrived a little early. the problem is the ball was so far out in front, i don't think you can make a reasonable argument that johnson would go down and catch that ball. he was already running as fast as he could. still way out in front. even if he dove, i don't think he would have caught that ball. >> gus: second and 10. heard. bounces ou

. >> reporter: ashley barton says she does everything she can to get a leg up on the competition. >> if that's paying an extra few dollars every morning before a big meeting, i will do it. >> reporter: she says her appearance doesn't affect her ability to do her job as a publicist, but it impacts her success, and research suggests she may be on to something. >> one of our papers showed the companies with better-looking executives had better sales. >> reporter: economist don hamermesh said attractive people earn 3% to 4% more than their counterparts. that's not much of a surprise to the stylists here at the salon. >> i think your resume is great, but your overall appearance will land you the job. >> it's very competitive in the city. you have to look perfect every day to keep up. >> reporter: the salon's owner says for his clients, having their hair done before a meeting or interview is just as important as any other preparation. >> they want to look polished. >> blond is more attractive, but may not be taken as seriously as their brunette counterparts. today women know when they walk

. >> next on book tv, barton swain talks about his experience as a speechwriter for former south carolina mark sanford. >> good evening, thank you all for coming. >> i want to talk a few minutes about the writing of not my first book, but my first book that people might actually read. it is my second book, the speechwriter. it is about almost four years i spent as a communications advisor or speechwriter for the governor south carolina. you will notice i don't use his aim of the book and i'll talk for a minute about why i did that. if i was going to give this talk a title it would be how to overthink a memoir. i didn't know how i would do it for a long time. curiously, i knew knew i would write something about my experience there within may be weeks of taking the job. that is true for a variety of reasons, number one it is politics. politics is a crazy business with a lot of sanity and backstabbing, and crazy allegiances that lends itself to writing a book. another is that my boss, would be fair to say was a difficult person to work for that is true in an extreme way, not just your averag

we go to mark barton.lled back half of the losses that we experienced earlier in the day, part of that is because of glencore. european mining shares are on ,rack for the biggest drop falling by 31%. below inflation went negative, that was interesting. forets us up nicely tomorrow's inflation report. qe? that mean more qb -- improved, sectors that was the major story today. 24 hours ago, i was tell you it was the biggest ever decline, but now glencore is up i-17 percent. it was bagged by a number of analysts today, they were seeing the drop was overdone yesterday, the 29% drop. glencore has no solvency issues. and bernstein standing up, they are the diverging analysts. is the most bearish, it has 120 pence score. years instructed in six for the u.k. building materials company, it will cast north american industrial -- will be challenging. 2% today.l is up by the second-largest maker of car parts. goldman sachs is adding them to the buy list. they have a focus on a mission standards. finish with the stoxx 6

clara barton, you probably know about clara barton and this is what drives me completely about history books. clara barton founded the american red cross. really? was it hard? did anything go before that? what was involved there? of course a great deal was involved. she is i say came as a the government worker and had heroic work during the war as a nurse and went to europe after the war and discover the red cross and came back and lobbied for two decades to get the geneva conventions ratified by the senate and when they finally did ratify them it was with the american amendments which he wrote which said the red cross could go to natural disasters as well as to war zones. so anytime you see the red cross after a flood or hurricane or an earthquake anywhere in the world that's because clara barton when she went back to geneva as an american representative of the american amendments adopted by the international red cross so there was a lot involved in founding the american red cross. i was more adjusted in the political women and i got to know a lot of them very well and i liked a lot o

let's go to mark barton.ropean stocks are finishing the thursday session lower. it started in asia after the biggest one-day increase in six years on wednesday. stocks fell because of chinese producer prices biggest slump in six years. also into the mix today, can the fed and will the fed raise interest rates next week? interestingly, news from the bank of england today in the minutes from the latest monitor policy meeting, saying the bank of england is not deterred by the recent market turmoil. it says it is holding firm and the time for a rate increase is approaching. that was interesting and caused many eyebrows to be raised here in london. here are some of the big movers today. one of the big supermarkets here and the u.k., the chief executive once it faces a long road to repair profitability. the big bank in spain, the big news of course with regard to spanish banks, is what is happening in brazil. this company generates 20% of its revenue in brazil. you know the news. brazil is junk according to rating

mark barton joins me now.d on friday for the jobs report but today is what i love to call the curtain raiser. the a.d.p. numbers. mark: this will give give us a taste of how the job markets fared in august. it is the monthly private payroll report. the previous month saw an increase of 285,000 jobs. as you say this is a taste, the entree for friday's big release, the u.s. jobs report which should show an increase of 218,000 versus 215,000. will it lead to the fed raising interest rates in september? that is the only question that will come out of friday's jobs report. today is a precursor to that. manus: probably everything is going to be focused on those numbers in terms of the wages. we saw manufacturing at the lowest level. i was out and about yesterday. we saw it come in at the lowest level since 2013. this is another important issue, isn't it? mark: it is because the factory orders we saw in june were quite strong. e sawen an increase of 1.8%. bloomberg economics wrote a piece avenue june's release saying

here is mark barton from london.s .t's the fourth day this after falling as much as 2.2%. import anhe week expert data. by the way, today is the four-week anniversary of you want to elevation -- the yuan dividing ration. some encouraging data from the eurozone. gdp in the second quarter rose .4% from .3%. the data comes a week after the anddowngraded its inflation growth forecast because of a slowdown in china and other emerging markets. let's have a look at some of the big movers across the european equity space on this tuesday session. hamlin the biggest gainer. if the biggest game ever. it is an insurer on the voice market and has been bought by nad insurances holdings. a bullish estimation of copper demand. 1.4%.so, up by ge winning approval to buy most removingergy business, itsg hurdle to reshape manufacturing business. the industry groups that rose on this tuesday session, every single one finishing the day higher. back to you. u.s., we here in the were reported in the past few weeks housing related data is fi

i want to bring in mark barton from london.ose for up,first day, up, down, down day. aboutitial concerns china. china.worry about that they rose 12% in the last month and what a day it was. let's look at big movers. there is a big auto show taking place in europe. the chief executive says the company's growth was measured in china and it will last through 2016. shares up. glencore. i am fixated by the company. earlier, shares fell by 8% to a by 7% -- 77%.wn they finished up by .8%. .ild gyration the german vista -- down by 14 .ercent i want to finish with the stoxx 600. what a strange day. gyrations, call it what you will. stocks finished the day higher. it was not straightforward. not straightforward indeed. mark barton in london. a look at the top stories this afternoon. target is taking on amazon when it comes to the same day delivery of groceries and household items. they are teaming up with a delivery startup. service willvery be limited to its own hometown of minneapolis. jeff bezos is making a big bet on outer space. the

i am mark barton. but here in the city of london. moments away from the start of european trading pit markets in the u.s. closed for labor day. let's get straight to your morning brief. china's slowdown. the nation revises last year growth, lower as a senior officials say the markets of volatility will decide. this selloff continues and -- selloff continues as the shanghai composite reopens. the plans to sell assets. what is next for the worst-performing stock on the ftse this year. europe's migrants -- migrant crisis. angela merkel is prepared to add 6 billion euros to germany's budget to deal with the influx of refugees. that is what we are watching. a quick reminder of what is happening on the future. it looks like stocks could open higher today. american markets are closed today for labor day. footie futures up by 7/10 of 1%. -- up by .7%. a decline in china. not as big as many would have imagined. let's have a look at how the equity markets fared in the region. shanghai composite finishing down by 2.5%. lower today. don't forget

olivia: mark barton is standing by. : stocks are falling today after the biggest increase in two monthste the semi-can broken record. it's all about china and the fed. there are missing estimates. the weakest since 2000. that's hurting the mining sector. it was the best performing industry group in europe. this is a stat for you. since the fed last raise rates 600 is uphe stock 12%. come take a look at the currency market today. this is a lovely stat for you. the euro is up for the seventh consecutive day against the dollar. investors are still contemplating what the fed is going to do on thursday. it's lower against the dollar. tomorrow is the big day for the pound. we've got consumer price data. it should show inflation at zero in august. what does that mean for interest rates. the bank will raise rates in the first quarter of next year. seconde short for the half of next year. that reminds me of what people are thinking of the fed. there are differing views of what the fed is going to do on thursday. a quick peek at what is happening in the bond arc it. bonds are rising. it yields ar

. ♪ mark: welcome back to "on the i'm mark barton. caroline, what do we have?ine: we have the first interview ever airing tomorrow. she is now chairwoman of the board, but we get breaking news targeting aer is capitalization of more than 100% by 2018. it was 9.8% in june of 2015. , they seepping it dividend growth as well and expect to increase their earnings per share which could reach double-digit growth by 28 team. bullish noise coming out of santander now led by ana botan with an exclusive interview coming with us tomorrow. they are updating the market, and it looks like strong words coming from them. caroline, thanks. posting revenue of 2.9 5 billion pounds the share price is getting a boost today as well. today is his penultimate today of the ceo of smith group. some of the last fiscal year. p: the decline in oil prices is not done us any favors. the results were robust, clearly aftermarket business group fell growthwith good revenue for medical. that was your my our investment. mark: you made some initiatives, would you stabilize? philip: we entered the

for the latest, we go to mark barton. mark: european stocks rising for a second day.tors in joining a breather from china, watching markets e for two days to commemorate the end of the second world war. attention fully on mr. mario draghi. gifts instead of receiving gifts. he said the ecb can buy a higher proportion of each euro numbers that -- you're a member pot's each euro member's debt. the euro fell, stocks rose. it's clear what happened because of mario draghi. here are some of the big individual movers. has raised its full-year guidance up by 5.4%. air france, another company in the news. considering starting a low-cost carrier to be a competitor of this stop right here, unicredit. jobs.utting 10,000 when will we hear more detail about that? this is the stock 600, up by 2.4%. i want to show you the mario draghi impact. he cut growth forecasts, but what he did was he adjusted the qe program. that is different for the birthday boy. brendan: you will be the only person allowed to pronounce -- on television. the biggestt says investment opportunity is in europe. le

erik: mark barton, thank you very much. mike reagan here in new york city.our highs on the stock for you. just about 20 minutes from now. .et's have a quick look chrysler kept its winning streak alive. if you chrysler said sales rose 1.7% in august. chrysler sales have risen for 65 consecutive months. the best august ever. shares of dollar tree are declining. retail forecast sales missed analyst estimates. a major competitor in the dollar business is dollar general. in greece, tensions are flaring over migrants about 1500 migrants waiting to enter macedonia and head north toward more prosperous countries in the european union. fights broke out and hundreds of people mainly from afghanistan and pakistan flood to rush the border. obama will call for an increase presence in the nation's capital regions. he was to break up icebreaker that offer -- operate year-round in the arctic. those are your top headlines for the moment. we will return our focus to the markets and oil in particular is down more than 3% this morning after staging the biggest three-day rally i

he got that message interest mark barton. francine: we're back with our guest.ldn't want to be a central banker now. i wouldn't want draghi's position. >> it is incredibly difficult for a policy maker. this dilemma i talked about before, you contradictory signals. the external signals are pointing the other way and you have the additional factor of unpredictable financial markets. it is a very hard circumstance toll square. -- circle to square. it becomes difficult to understand their reaction. everyone is in a sit and wait game and waiting to see what everyone else does in response. manus: ultimately if we take it very simple, e.c.b. on easy mode. federal reserve, whenever in tightening mode, differentials come back, dollar higher. euro lower. hanging on in there if the parity camp. will get back to normal? china will right size itself. will we go back to a lower dollar? >> we were one of the first to significantly revise our forecast lower by a couple of years ago. we anticipate this change in the e.c.b. the q.e. is negative. what that has done is caused a lar

let's get around above the market moves with mark barton.h hopes china will stabilize the market. the shanghai composite raising 5.3%. pacific index biggest gain since 2000 and. the -- since 2009. japan's nikkei. what a difference a day makes. up by 7.7%. as you say the biggest increase since 2008. quite incredible. i have looked at it from a different perspective. yes, we have risen today. look at how far we have come since the early 1980's. back in the early 1980's, we saw a massive ramp up in the nikkei 225. since then, we have come down to the end of 2008, creeping upwa rd. from there to there, it is a drop of 52%. that is a big retracement. commodity currencies today. south africa, australia, new zealand, malaysia -- they are all rising today because of what is happening out of china. the rout on monday -- the rand has fallen 15% today but has risen for the second consecutive day. today is very much a day where there's real appetite for riskier assets. european stocks rising for the third consecutive day. the longest winning streak sinc

let's look back with mark barton. of globalas wiped off equities? $1 trillion? trillion stock from global equities that has been wiped. this is the bloomberg wall of exchange market capitalization. it is stock markets around the world. $11 trillion wiped because of china, because of concerns about a fed rate hike. only five indices have a written. look at asian currencies, on track for the worst performance thee 1998 on concerns of fed and because of the china economics loading. francine: commodities were battered. mark: there were absolutely battered. we have a wonderful index called the bloomberg commodity index. they have not fared this badly since the height of the financial crisis in 2008. this is the bloomberg commodity index. it is better late than never, the worst quarter since 2008. all 22 fell on this index, gold quarterly losses five quarters. worst losses since 1997. worst commodity, crude oil, down 25% amid the supply glut. european andring asian bonds. this specter says of inflation is the worst thing. inflation seekers falling to zero point 1%. th

tweet me at mark barton tv.f a figure do we need the fed to hike interest rates in november? 300,000? 300 50,000? we will ask james. i will leave you with a live city.f a new york anxiously awaiting today's jobs report. we'll be right back. ♪ mark: welcome to "the pulse." we are live from the bloomberg headquarters in london. politicians around europe are monitoring the situation in china and the effect on its own economy, not least in spain. in and -- in an exclusive interview we spoke about how the chinese economy is affecting spain. francine: they're nervous that china, they think that china will fall off a cliff, or is it just a correction on the markets? how do you perceive the world right now? i suppose the g-20 will discuss in depth the situation and the different drivers of growth. that growth iss uneven and fragile. volatility creates and unease. my perception about china is gone off of the main sources of growth. has had ashanghai rate above 10% for a long time. now, they are converging toward a rate t

mark barton caught up with him. he did not just go out and buy a trophy asset. out and supported his local team. mark: it is a lovely story. hoffenheim, ar small village in the southwest of germany. we ventured to this small village in search of him. we spoke to football fans who had seen the rise of this football team. in 1990, this is a team -- a village team in the eighth division. by 2008 was in the fifth division. he was slowly putting bits of money and. he got serious in 2005 when he decided, i want my team, which by the way i played for, to be in the league. he put more and more into it, from 2000, they went to the top and 2008. -- in 2008. i can relate because i come from a small village, i cannot imagine in a million sunday's my village team being in that division. it is a lovely story. the cofounder of sap. i asked him, what are you more proud of, cofounding the world biggest software company or the rise of the football club? sapbviously without hoffenheim's promotion would not be possible. without the success of sap i would not have been able to build

in on thelet's check markets with mark barton with the latest.alued its currency four weeks ago today. china is continuing to hold the headlines. trade data is disappointing. exports and imports both felt demand. tepid the chinese stock market was the answer sting performer, up 2.9 percent. the stock market rose in the final two hours of training. the china composite was down, and that suggests we have stated back buying. state ya --china devalued the the stockhe yuan market's down. investors are focusing on the theghai rebound rather than decline in chinese exports. looking at the euro, rising against the dollar for the third day. lastconomy grew .4% quarter rather than .3%. that is an upgrade riven by a surge in exports and consumer spending. stirling is a fascinating currency in the last two weeks. through friday, the pound fell for nine consecutive days against the dollar. the longest losing streak since 2009. today it is rising for second day. the bank of england on thursday will get minutes. the new era of the bank of england. how we get th