coming up on bloomberg tv, we talked to top newsmakers. t, the vice president of the european commission. this is bloomberg. ♪ ♪ ♪ [no audio] historic saturday vote. volvo beats the street. isopean truck market slumping. ♪ nejra: breaking news coming through on the bloomberg. welcome to daybreak europe. london stock exchange is to start its succession process for the group cfo. that's a line we have coming through here. david warren is to retire. update, of a sales third-quarter revenue comes in at 521 million pounds, beating the estimate of 506 million pounds. third-quarter total income coming in at 587 million pounds. strong beat on the estimate. intercontinental hotels group. we are looking through here. the main thing i'm looking at is that it's confident in its financial outcome for the rest of the year. comparableuarter comes in down 0.8%. a couple of lines, a little bit of an update. while we might be getting into the swing of things in earning season, we have macro data to focus on. economic growth slows in the third quarter. gdp ro

it allows you to browse all of the recent charts we featured on bloomberg tv. u can catch up on key analysis and save your for future reference. from new york and london, this is bloomberg. ♪ romaine: some breaking news regarding facebook. shares moving lower after comments by treasury secretary treasuryra -- secretary steven mnuchin addressing libra. he says that the plans for the libra launch is premature. steven mnuchin is speaking to lawmakers. he has said he's had meetings with counterparts at the g7 and level. he's also talked about it with other international counterparts, and has told facebook the libra launch plans are premature. the share is down about 1.5%. let's get a check on the bloomberg first word news. courtney donohoe has more. courtney: softbank's taking control of wework. founder adam neumann will leave the board of the struggling startup. sell $1is expected to billion of stock to softbank. he can also assign two board seats and will get a $185 million consulting fee. sales of previously owned homes in the u.s. fell to the slowest pace in thr

this is bloomberg tv. ♪ mark: i'm mark crumpton with bloomberg first word news.ornia governor gavin newsom has declared a state of emergency for the counties of sonoma and los angeles due to the kincaid and tick fire's, wildfires at both ends of the state have forced thousands to flee and utilities are warning it may experience its biggest blackouts over the weekend. the u.s. and china are close to finishing some sections of their phase one trillion agreement, according to a statement from robert lighthizer and treasury secretary steven mnuchin. they held a phone call with the chinese vice premier and said discussions will continue at the deputy level. trade official peter navarro tells fox news that phase one could be signed as soon as next month. meantime, mexican officials believe the usmca trade deal could be approved in weeks and implemented within three months. the under secretary of foreign relations for mexico made the comments today alongside the mexican president. what goasar

this is bloomberg tv. ♪ ♪ scarlet: i'm scarlet fu. oomberg "etf iq" where we focus on the access, risks, and rewards offered by exchange traded funds. ♪ scarlet: skin in the game. eddy elfenbein actively manages his etf with a fee structure that alliances incentives with investors. ken fisher, the investor, the vulgarities, the fees. how the billionaire money manager is as old-school as it comes when it comes to selling funds. go

this is bloomberg tv. ♪ yousef: you are watching the best of bloomberg daybreak middle east.is put on hold again. we look at what that means for the kingdom and its markets. violent protests rage in lebanon. an unprecedented package of measures to avert a financial meltdown and appease the anger. kicks into full springs. we speak to the ceo of mobile he. ♪ yousef:

this is bloomberg tv. ♪ y95óóo [chanting] stephen: beijing calls it hong kong's worst crisis in the decadehe handover. >> hong kong's protesters have used dangerous tools to attack police, these actions constitute seriously violent crimes and are starting to show signs of terrorism. stephen: the protesters would probably agree, cities in crisis, but for very different reasons. >> they are using emergency ordinance which is not the way out.

this is bloomberg tv. ♪ david: his father died when he was four, and his mother had to move the familyrough neighborhood in the south bronx, where he didn't fit in either on the streets at night, or at an elite private school during the day. so, his mother moved him again. this time, to a military boarding school in pennsylvania. wes moore found his calling as a leader in military school, going on to johns hopkins, to oxford on a scholarship, and deutsche bank before volunteering for a tour in northern afghanistan as an officer with the 82nd airborne division.

this is for bloomberg subscribers only. check it out at tv . bloomberg. ♪ paul: i'm paul allen in sydney. shery: i'm shery ahn in new york. you're watching "daybreak australia." trade talks resume amid indication china is still open to a trade deal if president trump eases new tariffs. great to have you with us. just a few minutes ago, we had the local south china morning post reporting the u.s. and china have made no progress on deputy level talks. the trade delegation will actually be leaving washington a day earlier than scheduled. are you surprised that all that we may not see any progress this time around? >> i guess i'm surprised insofar as it's kind of early, given that the talks have not really officially started, to then announce an early departure, but i'm not surprised because the reporting coming into these meetings was very much that what was on the table was a miniature deal. it was not accepted back in may, and if anything, i think the relationship between the u.s. and china has interior rated since then. in that sense, it is not

this is bloomberg tv. ♪ stories driving the headlines this week.os syria after clearing the way for action. trump threatens to obliterate the turkish economy. saudi aramco bonds extend their losses after being downgraded by fitch

this is bloomberg tv. ♪ emily: he's one of the closest confidants of the google cofounders the leaderet's secretive x lab. born eric keller, he picked up the nickname astro in childhood, with no idea he would someday be working on making so-called moonshots a reality. raised by parents he calls hyper intellectual hippies, one of his grandfathers won a nobel prize in economics. the other, some say should have won one in physics for his work on the hydrogen bomb. perhaps it is only fitting that astro teller is working on ideas that could change

this is bloomberg tv. ♪ scarlet: i am scarlet fu. "etf iq," where we focus on the access, risk and rewards offered by exchange traded funds. ♪ caution ahead. investors may be signaling a lack of faith in the stock market. they are pouring money into low volatility funds. where active stands tall. pimco's david braun shows us how it is possible to bust a trend towards low-cost passive trends with the bond etf. betting on brexit or not. either way, there is an etf for that and we show you how it is

this is bloomberg tv. from the couldn't be prouders to the wait did we just win-ners.ryone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. call, click, or visit a store today. ♪ taylor: i'm taylor riggs. this is "the best of bloomberg technology." where we bring you all of our top interviews from this week in tech. coming up, high-level negotiations between washington and beijing begin again this week. we dig into the issues of intellectual property and u.s. companies that do business with china. plus, zuckerberg to testify. the facebook ceo will appear before lawmakers this week on the social network's

it allows you to browse all of these charts featured on bloomberg tv. u can also save them for future reference. this is bloomberg. ♪ closes is the european bloomberg markets. it let's get to first word news. johnson is trying to convince skeptical members of parliament to vote for his brexit plan tomorrow. if the deal fails, the u.k. could leave the eu without a deal or it would have to delay for a third time. conservative's party does not have the majority also have to sell politicians on the agreement. turkey's president erdogan the says he will not forget the letter he received from president trump. it warned him not to be a fool, a tough guy or a double referring to the offensive in syria. he thousand he will make a response and said the letter was out of line with diplomatic courtesies. the u.s. is trying to reassure israel that the relationship between the two nations remains as strong as ever. mike pompeo met with benjamin netanyahu in jerusalem. some have expressed fear that president trump's desire to get out of what he calls stupid endless war

lucky to even get that out of them, and in respect to protecting our democracy, we are here on bloomberg tv. i do not think michael bloomberg is going to use this network to change the outcome of the election any more than i think mark zuckerberg would use facebook, so i just think that senator warren is throwing stuff at facebook, and maybe that helps her in the polls. taylor: carl, i want to bring up another audio clip that we have that the verge of course did obtain in this audio recording here. take a listen. >> it is just breaking up these companies, whether facebook or google or amazon, it will not solve the issue. it does not make election interference less likely. it makes it more likely. other companies cannot coordinate and work together. taylor: carl, your reaction to zuckerberg saying that breaking up big tech, whether it be amazon, facebook, or google, does not solve the problem, which makes it harder to regulate, because instead of one big company, it is 20 companies. carl: it is not about regulating 20 different companies. 20 companies. -- there are many agencies that have ov

it allows you to browse all of the recent charts each are on bloomberg tv. you can save your favorites for future reference. gtv . from new york and london, this is bloomberg. ♪ >> from london. i'm guy johnson. >> i'm romaine bostick. we're going to talk about the global markets. let's get the first word news. it cracks president trump complemented turkey today a day after he cleared the way for the country to invade syria. erdogan plans to visit the white house next month. the president former u.n. ambassador nikki haley ended her tweet that was critical. or johnson sounding pessimistic about a brexit deal. antold angela merkel agreement is essentially impossible. he wants the eu to drop demands for northern ireland to stay in the eu. pimco warns the chinese trade war make the u.s. into a recession. >> the first half of 2020, gdp if to 1% or something and the rhetoric gets worse, you may be in a recession simply because the consumer will lose faith in what is happening. investorsas advised to reduce risk and focus on capital preservation. boeing has its

you don't want to miss that interview, that's friday, 5:30 london time on bloomberg tv. s bloomberg. ♪ from london, i'm guy johnson. vonnie: in new york, i'm vonnie quinn. this is "bloomberg markets." guy: the world bank and international monetary fund are holding annual meetings in washington, d.c. this is the trade war has pushed the global map to a decade low of 3%. there is probably going to be quite a big focus on the brexit story as well. getting our spanish perspective on that now, francine lacqua and tom keene are in washington with key points on that. francine: we are delighted to be spanish finance minister. the tone seems to be shifting and a lot of the focus is on europe and the fact that we are at a place where monetary policy from government, more needs to be done. our leaders listening to that? >> definitely. we have gone through very expansionary monetary policy. what we see is that there is not a lot of space left. the effectiveness of acting alone is not what we need to reactivate the economy. sense that we need to be joined in with structural reform to

it lets you browse all of the recent charts we feature right here on bloomberg tv. u can catch up on key analysis and save your favorites if you want to reference them sometime in the future. from new york and london, this is bloomberg. ♪ romaine: live from new york, i'm romaine bostick. guy: from london, on guy johnson. this is the european close on "bloomberg markets." let's check in with the bloomberg first word news. here with the details, courtney donohoe. the u.s. may send troops and armored vehicles to help protect oilfields in northeastern syria. defense secretary mark esper said the u.s. wants to make sure islamic state militants don't get access to the oil. right now, the oilfields are controlled by syrian kurds. last week, president trump insisted all american troops would leave syria. china firing back at vice president mike pence. the foreign ministry called his criticism of human rights lies, and said the u.s. ignores problems like racism and wealth disparity. the vice president criticized china's actions against protesters in hong kong. he also accused

remember, the function gtv under bloomberg allows you to browse off the charts featured on bloomberg tv. save your favorites for future reference. this is bloomberg. ♪ ♪ vonnie: live from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is the european close on "bloomberg markets." let's check in on the bloomberg first word news. here with the details, courtney donohoe. -- an attackht at paris police headquarters. the employee was described as an administrator in the intelligence unit. it is located across the street from the famed notre dame cathedral. the impeachment inquiry moves today.news phase formerfficials review ukraine envoy kurt volker. federal reserve chairman jay powell is facing new pressure to cut interest rates again, weakening economic data and slumping market raising the odds of a rate cut at this month's fed policymaking meeting. markets are placing about an 89% chance of a 0.25% reduction. british prime minister boris johnson called his brexit blueprint a compromise. johnson outlined the plan before parliament. pm johnson: our proposal should now p

shery: some of our guests on bloomberg tv talking about growing global scrutiny for a big tech. is the chief market strategist david garrity. great to have you here. let's get started. we have seen in the markets the faang stocks have been outperforming. this chart showing exactly that. really reaching the record level since last year. all ofcontinue to hear these concerns over regulation and congress trying to do something against the big tech giants, is there a chance we could reach those levels again? >> you will have to have concessions on the part of company management, risk regarding facebook. facebook raises concerns on multiple fronts including news from reuters saying facebook has been sharing data with huawei and lenovo and other oem's. on users but users' friends. gets the --gress gets to talk to mark zuckerberg and when investors do, wednesday after the close, people will be asking what are you actually doing to protect users' information and privacy? the first thing facebook could do is when it comes to the next election cycle weather in the united states, they will

it allows you to browse all of the recent charts teachers on bloomberg tv, catch up on analysis, and ve your favorites for future reference. this is bloomberg. ♪ ♪ vonnie: live from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is the european close on "bloomberg markets." let's check in on the bloomberg first word news. here's courtney donohoe. courtney: a federal appeals court has granted president trump a last-minute reprieve in the subpoena for his tax records. a ruling would have a forced his attorneys to handover his tax records beginning this afternoon. the investigation is over whether the trump organization falsified tax records related to payments. when turkey's military launches an offensive against america's kurdish allies in syria, the u.s. will stand aside, a significant shift in u.s. policy. turkey considers the kurdish militants a threat to its national security. president trump defended his decision. he tweeted, "the u.s. can't afford to be stuck in ridiculous, endless wars." china wants to narrow the scope of any trade deal with the u.s. it is i

shery: later on bloomberg tv, imf deputy director asia-pacific department will be on global markets after latest asia-pacific outlook. that is at 11:10 a.m. in hong kong, to 10 p.m. in sydney. this is bloomberg. shery: president trump is set to privately test the idea of replacing is acting chief of staff mick mulvaney for several weeks now. among the potential replacements, treasury secretary steven mnuchin and counselor kellyanne conway. for more, let's go to greg sullivan. i can't imagine last week's press conference on the ukraine quid pro quo must not have helped. greg: it certainly didn't and one is the few things that bolsters the argument that trump is looking to replace mulvaney. we have the press conference will roll veiny seem to undermine the white house defense of the impeachment probe, mainly that was not a quid pro quo were the july phone call with the ukrainian president. there are other things as well. for one, some trump allies have been critical of mulvaney over the white house response to the impeachment probe in general. there is also the fact we can point to mulvaney

he told bloomberg tv at the energy industry needs to take radical steps to reduce carbon emissions, but consumers must also do the same. that is your bloomberg business flash update. ahead, conversation with the bp ceo. that is coming up. this is bloomberg. ♪ guy: live from london, i am guy johnson. romaine: and from new york i am romaine bostick. the oil and money conference is in full swing in london. we spoke with the outgoing bp ceo, bob dudley about the -- about his outlook on the industry and the impact of renewables. restoringamco did in facilities and fixing things and getting flows back up quickly and at the same time, announcements of the u.s. releasing trillion barrels if needed it calmed everything down quickly. i think the markets are generally in balance. a little bit of economic slowdown is happening now but i don't think the world is in risk of recession and opec and opec plus are doing a good job at regular in the price. i think the world is healthy when you don't see the spikes. >> are you worried that you spend so much of your career rehabilitating bp that might just

still to come, later this week on bloomberg tv and radio, guy johnson speaks with the chicago fed presidentrles evans in madrid. do not miss that live conversation. this is bloomberg. ♪ shery: we have breaking news. we are hearing from the japan coast guard saying north korea appears to have launched a missile. we know the u.s. and north korea are starting nuclear negotiations again. this was confirmed by the state department. this will happen within the next week, but now we are seeing north korea appeared to have launched a missile. we have seen north korea stopping intercontinental ballistic missile tests during the nuclear negotiations with the u.s. but not necessarily the short range ballistic missiles that have been launched in recent months. paul: this is bloomberg technology global link. let's take a look at the top global tech stories of the day. taylor: thanks. apple closes in striking distance of a record of optimism about the latest iphone. tim cook told the german newspaper that iphone 11 sales have had a strong start and he could not be happier. apple is more at 17% from an au

the function g tv allows chartsfind recent featured on bloomberg tv.ou can even save your favorites for you to reference. this is bloomberg. ♪ ♪ vonnie: live from new york i'm vonnie quinn. guy: let's check in on the bloomberg first world news. -- first word news. >> the eu is showing its unhappiness with turkey's incursion into syria. it has agreed to restrict arms sales to the turks. president trump says the u.s. is ready to go with more sanctions on turkey, including shutting down all u.s. dollar transactions with the turkish government. problems for british prime minister boris johnson and his brexit proposal. their european union warns that talks are far away from a breakthrough and johnson's lyrical allies are distancing themselves. u.k. proposale for breaking the deadlock over the irish quarter does not have enough details. in spain, an unprecedented court ruling. a catalan leader was given a 13 year prison term for trying to break away from spain in 2017. the former catalan vice president was handed this sentence. eight other activists received

that is up next on bloomberg tv and radio. ♪ >> judiciary looking at potential impeachable offense, theyreated a process, the intel committee behind closed doors, doesn't provide access to the president's accuser, shuts republicans out for all practical purposes and is an unworthy substitute for the way you need to do it. david: lindsey graham condemning the impeachment inquiry. democrats continue to fight it out on the campaign trail. there for the remarks yesterday. is he gaining traction in his claim that this is not fair to the president because president clinton and president nixon were handled differently? >> is gaining traction amongst senate republicans, very comfortable attacking house democrats. they want the house to take a formal vote to open the inquiry. they want the republican minority to have subpoena power, which would be a departure from precedent. house democrats say they are following the rules that were laid out by republicans in 2015 in terms of a committee chairman being able to subpoena witnesses and bring them in for deposition without about. that is where we are

reach out to the team by typing ib+tv on your bloomberg terminal. let's get the bloomberg news now. johnson defending his new brexit play into the eu today. the usual warning, he is ready to leave without a deal. we have learned's offer includes a special customs arrangement for the northern irish border. the key is that would only last about four years. ireland is already saying a time-limited backstop is a nonstarter. in the u.s., more heat on president trump's closest allies over the ukraine call. house democrats warning mike pompeo about possible charges after he blocked testimony from five state department officials. lawmakers said pompeo appears to have an obvious conflict of interest because he listened in to the phone call. hasit suisse chief thiam broken his silence over this buying probe. he praised the outcome, saying fully accountability has been taken. he described recent events as regrettable, adding mistakes have been made. credit suisse's order exonerated him. dashboard -- credit suisse's board exonerated him. charles schwab slid 10%

that allows you to browse all of the charts featured on bloomberg tv, catch up on analysis, and save your favorites for future reference. this is bloomberg. ♪ the president of the united states speaking, but ago. let's go to him. pres. trump: the numbers came out, 3.5% unemployment, and that is a german does number, the lowest in over 50 years -- that tremendous number, the lowest in over 50 years. before i was president, wages were going nowhere. they were having to have three jobs. now wages are up, so we are very happy about that. thing, poland. we have a lot of polish americans in the united states. i will soon be signing & certain preliminary applications. we will be giving a full visa waiver to poland. that means people from poland can easily travel there, and people from here can easily go back and forth. people from the u.s., people from poland, can very easily go back and forth between the united states and poland. they've been trying to get this for many, many decades, and i got it for the polish people in honor of the polish people in the united states and in poland, so we

later this week on bloomberg tv, chicago fed president charles evans. es he see things heading? thursday u.k. time on this week. this is bloomberg. ♪ matt: welcome back to "bloomberg markets: the european open." gains across the equity indexes with the ftse andling, up .1% as the dax ftse men are up .5% or more. now, we haveright the chinese celebrations going the 70th anniversary of this current government, the people's republic but in hong kong, thousands are taking to the streets in protest, as you can see. markets are closed this week on the island and in the mainland for golden week but you will see a lot more people in umbrellas apparently with no regard for the litter situation as they protest the chinese in hong kong. anna: matt, yes indeed. let's stick with things political but turn closer to home in europe. , borislines on brexit johnson saying this morning that he will be making a good offer to the eu. in the coming days, boris johnson will release the details to the eu of his brexit strategy. iny have made progress brexit talks since august a

bloomberg tv has exclusive interviews. diversity officer and ikea india ceo will be joining us. this is bloomberg. ♪ shery: i am shery ahn in new york. haidi: i'm haidi stroud-watts in sydney. a quick check of the latest business headlines. harley davidson is halting production of livewire, the electric bike. it says it found an unspecified issue during quality checks and stopped output and deliveries for additional tests. the ceo has positioned livewire as key to attracting a new generation of bike riders. harley has suffered 10 consecutive quarters of declining u.s. sales. shery: india has temporarily halted jfw's pursuit of steel, amid allegations of money laundering by the former owner. the ceo had appealed to the company court, seeking immunity against future litigation after bhushan power with alleged fraud. the deal is a blow to the modi's governments effort to deal with bad debt. haidi: set aramco says facilities damaged by missile strikes are back to normal after a month. the company is currently pumping nearly 10

it allows you to browse all the charts that we feature here on bloomberg tv. can catch up on all the key analysis and save your for future reference. from new york and london, this is bloomberg. ♪ ♪ guy: from london, i'm guy johnson. romaine: from new york, i'm romaine bostick. this is the european close on "bloomberg markets." let's get a checkup first word news with courtney donohoe. two associates of rudy giuliani have been arrested in funding, accused of illegal contributions to political candidates last year. the two have come under scrutiny in their role of giuliani's uncover dirt on democrats. the white house is considering a partial deal that would include suspending plans tariffs. president trump tweeted that he will meet the head of the chinese delegation tomorrow. the u.k. and ireland see a "pathway to a possible deal on brexit." british prime minister boris johnson and his irish counterpart leo varadkar met in northwestern england. the u.k. and the eu are trying to end their impasse, but time is running out to reach a deal. in california, bankrupt u

remember the function on the bloomberg allows you to browse on of the recent charts bloomberg tv. catch up on key analysis and save your favorites for future reference. ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. guy: let's check in on the bloomberg news. >> secretary of state mike pompeo is playing hardball with house democrats in the impeachment investigation. pompeo rejected a committee plan to take testimony this week from several state department officials. he said the committee appears to be trying to intimidate and bully them. pompeo wrote on twitter that he won't tolerate such tactics. north korea says it will resume nuclear talks with the u.s. the official news agency referred to the discussions as "working level." during a meeting in june, kim jong-un and president trump agreed to hold talks in a matter of weeks, but the sides have not met since them to discuss details for the disarmament deal. the wto cut its outlook for global trade growth to the weakest level in about a decade. it was the first round of tariffs could make matters worse

remember, the function gtv allows you to browse all of the recent charts featured on bloomberg tv. catch up on analysis, savior analysis, save your favorites for future reference. this is bloomberg. ♪ guy: the irish prime minister over the last few minutes giving a press conference, not on brexit, but he's being asked about brexit. let me give you some of the responses. brexit progress is being made. unclear if a deal will be ready by thursday, wendy eu summit starts in brussels -- thursday, when the eu summit starts in brussels. johnson said he would be confident of getting a deal through. i'm not sure if that is referencing the british parliament brussels, but a few more hurdles to go -- the british parliament or brussels, but a few more hurdles to go. the pound trading at an elevated level relative to where it is been of late. we are currently on the cable rate at $1.2771. vonnie: parliament will apparently have to come in on saturday for one of very few occasions in history of ever having to do that if this were to go through europe, in order to meet the requirements of the be

up next, mark carney will be on "balance of power" on bloomberg tv and radio. ill come to us from washington where the imf and world bank are meeting. this is bloomberg. ♪ here, it all starts with a simple... hello! -hi! how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! [ camera clicking ] wifi up there? -ahhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, discover at your xfinity store today. david: from new york, this is "balance of power" on bloomberg television and radio. i'm david westin. bloomberg first word news, we go to mark crumpton. isk: the united states trying to reassure israel the relationship between the two nations remains as strong as ever. secretary of state mike pompeo met with benjamin netanyahu in jerusalem today, monday after turkey agreed to halt its offensive against curtis forces -- kurdish forces in syria. israel faces threats from iran. in afghanistan, more than 60 people

we are hearing from some guests at pimco we were talking to bloomberg tv earlier talk about that.y tough environment for growth. now you have another escalation of tensions. it adds to the reliance on central banks and whether or not central banks can really stem the slowdown in growth we are starting to see. shery: traders are now again lifting market prices for fed move so can market policy provide support to sovereign bond yields if that recession can be avoided? adam: yes. that is the key question. how far central banks have already gone in terms of dictating market forward pricing for policy response to what we are seeing? in the u.s., for example, the fed going another 50 basis points or so by the end of this year is pretty firmly priced into the market with a longer-term rates that around 1% by this time next year. the market is already pricing for something significant. whether or not the fed can do something additional to ease some of those concerns, you may get a little bit of a pickup in longer-term bond yields. for now, that response from the fed and from others around

you are watching "bloomberg markets: european open" on bloomberg tv.ility that we have seen in ber, as itets, vol-to has been dubbed, plenty of assets whipsawed certainly in the asian session, and the oil prices, and the chinese currency. we heard the trade negotiations could be shortened. that was later denied the. -- that was later denied. fx.ty of focus on european futures tentatively higher. dax futures pretty flat. slight moves to the upside. u.s. futures look more negative. how long until we get another trade headline? hours inace of three the asian session we saw four moves of more than 1%. euro stocks up by 0.2%. spanish ibex fairly flat. the euro is up by 0.3%. the dollar is generally weaker. the british pound up by 0.2%. boris johnson will be having a meeting later. by french market opening 0.4%. boeing suppliers are hurting . euro stocks up by 0.2%. ,onsumer discretion looks mixed but with a huge slice of green going through. that is confusion for sector. health care in the red, financials in the green, staples look to be green. it is a mixe

we are bringing it to you live on bloomberg tv.itics the perspective, keeping an eye on any conversations between various leaders in westminster about whether the timetable can come forward or we push toward the election. toward the election. futures point downward. ♪ ♪ devices are like doorways that could allow hackers into your home. and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway, devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced security. if it's connected, it's protected. call, click, or visit a store today. away from the cash open. dani burger is standing by. >> it is all about politics today. look at what the pound is doing. holding onto yesterday's losses after parliament shut down boris johnson's plan to rush his brexit deal. those proceedings are back in limb

stay with bloomberg tv, because we have our interview with the chicago fed president, charles evans, time on thursday. there is a host of fed speakers this week, culminating in that bellringing on friday. for bloomberg users, the charts are there. we have usedarts throughout the show. catch up on the key analysis, the calls, reference points, your trading day and week. one destination, one bloomberg. fast and factual. this is bloomberg. ♪ manus: good morning from bloomberg's italy's. this is open bloomberg daybreak: europe. thiam stays at credit suisse. the coo is out. we are live in zurich with the latest on the scandal that has ripped through the world of swiss banking. the president's men. polls in an impeach increasing number of trump's allies. china marks 70 years of the people's republic. xi stresses national unity. protests continue in hong kong. it is our top story. one of the most read on the bloomberg terminal. coo has resigned. took responsibility for the surveillance of a former credit suisse executive at the center of the story. let's get straight to zurich with maria ta

new york time on bloomberg tv. ts street -- lots of wall streeters talking about the election. vasek is incinelli -- bloomberg's sonali basak is in las vegas. what is everyone talking about? courtney: --sonali: it's really interesting. the whole conference started off with strike, the third-most valuable startup in america as of september, behind juul and wework, but obviously wework has been repriced and juul has had problems of its own. still nothing interested in the prospect of an ipo. that is very different than airbnb, which is very excited to go public. alix: i also wonder what the competition is like. uberard the headline that money is coming out. sonali: exactly. players new fintech paypal,ipe, but uber, they were here. uber is starting a new division called uber money, and they are new hires.looking at "the wall street journal" did the math. jfk at $203,d to that's $11 in your pocket with the 5% uber card. someone likened it to one of the .irlines getting into cards it is ancillary to their business, so we

this is for bloomberg subscribers only. you can check it out at tv . oomberg. ♪ shery: this is "daybreak asia." i am shery ahn in new york. paul: i am paul allen in sydney. apple is defending its decision to remove a controversial mapping app in hong kong. ceo tim cook has released a memo saying the company received credible information from authorities indicating the software was being used maliciously to attack police. let's get to tokyo and our asian tech editor, vlad sotloff. tell us about this app. what does it actually do? vlad: the act in question crowd source is information about police activity within hong kong and provides people access to know about it. the app developer says this is to help people avoid areas of confrontation. as you know, hong kong has had protests going on since june. they keep going on. they keep getting more violent and risky for innocent passersby, so the app was developed, arguably, to let people avoid those confrontation areas and just get on with their lives as normally as possible. shery: so how does that exactly br

kaplan speaks to the commonwealth club of california in san francisco after speaking to us on bloomberg tvterday. matt: and the last price to be awarded this week is the big one, the nobel peace prize. swedish climate change activist greta berg is -- greta thunberg is among the finalists. and we get a cpr reading in the next 15 minutes or so. that's followed by spanish cpi at 8:00 a.m. london time. stay tuned for those data points . this is bloomberg. ♪ ♪ matt: this is daybreak europe. i'm matt miller in berlin. nejra: i'm erica in london. features extending gains after an iranian take a blast is causing oil to spill in the red sea. we're joined by anne ray hordern. what do we know? annmarie: lots of reports out of iran and reuters that the iranian company that owned this tanker, to caused this explosion and we now have oil spilling into the red sea. reports are also saying this happened 60 miles from jetta, the sally port city in the red sea. there are reports it's being investigated at the moment. we did see brent and wti tick higher on the news. brent is up nearly 1.5% on this news. of

negotiations may see some impact, but i want to highlight one perspective that was earlier on bloomberg tvng university of science and technology, one man saying there could be limited impact, because we look at the assets in question, it does not change the hong kong policy of 1990 two, which allows hong kong special trading status -- policy of 1992, which allows for hong kong to a special trading status. nejra: jp morgan rose to a record with a jump in fixed income trading revenue, and goldman did not do as well, taking a hit on investments such as uber. today, it is bank of america. our guest is still with us. we saw in the market yesterday, this was largely based on earnings, marcus. is this that you continue given the expectations we had going into the third quarter? marcus: we cite downgrade in the run-up to results in recent months as a result of recent data, and in q3, the market now -2% year on1 -- a year. the market is expecting 10% earnings growth for 2020. for me, that looks slightly high. ishink what you will see many management teams being more cautious in lowering expectatio

bloomberg. ♪ david: mixed and inconsistent equities. it is very clear with the fx markets are saying. tv cang also tune into bloomberg radio from our brand-new hong kong studios. tune into that. this is bloomberg. ♪ bloomberg. ♪ >> it is 10:29 a.m. think hong kong and shanghai. china which is signaling it is reluctant to agree to a broad trade deal at talks this week in washington. su: sources close to the negotiation say senior officials in beijing have told the u.s. the range of topics they're willing to discuss has narrowed considerably. premierold the vice willthe offer washington not include any commitment to reform industrial policy or subsidies. many of honghina, kong's train stations remain closed on monday morning, after a week of protest and continued violence. vandalism escalated after the government invoked a colonial era emergency law to ban the wearing of facemasks. multiple demonstrations across the city ended up turning into classes with police. -- clashes with police as protesters set fires and damaged train stations. economy, payroll nubbers are showing a worrying sign.

this is for bloomberg subscribers only. tv . is is bloomberg. ♪ a company discloses more details of a pale scandal amid rising investor scrutiny and a government ordered investigation. the utility will identify 20 company officers who accepted gifts, including details about the goods they received. it is trying to contain damage from the revelation that conservatives took payments from a company that works on its nuclear point. grade cut toork's triple see -- triple c, a reduction of two levels, saying it reflects wework's uncertain liquidity profile. borrowers of this tier struggle to meet their obligations if economic conditions deteriorate. yvonne: airbnb's wall street gave you is earmarked for 2020 -- debut is earmarked for 2020. it has laid the ground for a direct listing. that lets firms lower the millions of dollars they typically pay to investment banks in underwriting fees, because they don't raise new capital. rishaad: we are headed toward the japanese lunch break. this is the position we are in. nice profile. [laughter

go to tv on your terminal. this is bloombergviviana: you are watching "bloomberg daybreak." coming up later today on "balance of power," jeffrey sachs, columbia university professor. now to your bloomberg business flash. saudi aramco is fully recovering from the worst ever attack on its infrastructure last month. missiles and drones carrying explosives struck some of aramco's biggest processing plant. the attack knocked out about 5% of global oil supply. aramco saying it is actually pumping more than it did before the attack, and it didn't miss any contracted shipments. canceled or deferred any of our customers during september, so we give them whatever they asked. viviana: oil prices rising sharply the first day after the attack. since then, they have given up most of that gain. big tech about to face another congressional hearing. the u.s. small business committee plans to invite onebook, amazon, and google how they may be damaging the competitive landscape for small business. tech giants already facing investigations. democra

welcome to bloomberg tv.out the possibility of the backstop coming back into negotiations in a limited fashion. how much is that still part of the conversation, the possibility of a time minister backdrop? >> we have always been very clear we need a form of insurance policy that will be sustained into the future. there is an opportunity for engagement in relation with how the community of northern ireland comports, but from our point of view, we need to get to a place that the principles behind the backdrop are preserved. anna: you cannot put a time limit on it? minister donohoe: i will not get into engagement between the commission in the u.k.. what we have said is we are open -- if something else legally operable can take its place. when you do -- we do need to consider the role of the communities and institutions in northern ireland. we have always been clear that we want to avoid happening is anything that will keep northern ireland in an arrangement they have concerns about. has: the prime minister said

shery: later on bloomberg tv, the imf deputy rector of the asia-pacific will be on bloomberg marketsc outlook, that is at 11:10 a.m. in hong kong. that is it from "daybreak: continuesket coverage . china open is next. this is bloomberg. ♪ "bloomberg to markets: china open." >> a new turn in the protests in hong kong. tom: brexit turmoil continues. allow borisoes not johnson to russia's divorce deal into law. isthe we work rescue plan facing controversy.

bloomberg. the function is tv . from toronto and new york, this is bloomberg. is bloomberg.hen you rest on a leesa hybrid mattress, bedtime is no longer simply the time you go to sleep. it's time to switch off and catch up. enjoy me time, and we time. 40 winks or 8 hours solid. the leesa hybrid mattress combines two technologies to give you deeper rest and rejuvenation. 1,000 pocket springs provide edge to edge support, responsiveness and comfort. while premium foams relieve pressure, keep you comfortably cool and limit motion transfer. leesa's hybrid mattress is not only recommended by experts, experts choose to sleep on it too. order online and we'll ship it to your door so you can try it risk free. the leesa hybrid is american made. built to last. and, because everyone needs a place to rest, we donate tens of thousands of mattresses to those in need. experience the leesa hybrid mattress. right now, it's on sale. order today. go to leesa.com. scarlet: this is bloomberg markets: the close. i'm scarlet fu. in a few minutes, the fed publishes the beige book. caroline: i'm car

you can catch all of the interviews on the bloomberg at tv . sed any of the interviews, you can also dive into our security functions that we talked about. live from new york, this is bloomberg. ♪ ♪ mark: i'm mark crumpton with bloomberg's first word news. into effect ongo turkey in response to their military defense in syria and atrocities against the kurds. bloomberg has learned of the initial round of the tariffs will be aimed at a wide range of individuals. sources tell bloomberg the department of state, defense and treasury worked over the weekend to draft the terms. problems for boris johnson and his brexit plane. the european union warns of that talks are a breakthrough. minister'srime political allies are distancing themselves from his plans. proposal forhae breaking the deadlock over the irish border does not have enough details. the new session of parliament was opened by queen elizabeth. >> my government's priority has always been to secure the united kingdom's departure from the european union on the 31st of october. my government in

tv fore g those grass that you missed out on. this is bloomberg let's get the "first word." as we have been reporting on bloomberg, chinese officials doubt a long-term agreement is possible with president trump beyond the phase one deal. they remain concerned about his saidsive nature and the they would not vote on the toughest issues. notes of caution on the u.s. economy. consumer spending trail forecast last month, rising .2%. weekly applications for unemployment benefits rose more than expected. toless claims were up 5000 218,000. we will get more on the labor market tomorrow when the october jobs report comes out. please and protesters engaged in -- police and protesters engaged in a standoff in hong kong. protesters celebrated halloween by wearing masks in defiance on a government ban on face coverings. riot police fired tear gas. it was not immediately clear whether that had been violence between protesters and officers. islamic st