brooke sutherland of bloomberg opinion. coming up, we discuss with jeff jarvis of cuny. ♪ alix: this is "bloomberg daybreak." as traders return from labor day, dow jones80 points. in europe, italian banks making a nice killing, although off the highs of the session, up over 1%. it seems we are getting more conciliatory language out of the government concerning budget for next year. in other asset classes, a stronger dollar story. on mostgoing to weigh currencies. nowhave south africa slipping into recession for the first time since 2009, the currency off by over 2%. ,he curve steeper in crude based on hurricane potential, up about 2%. even as we- david: are speaking, there are 'sadlines about mark bernie testimony, the bank of england government. one subject is brexit. they do not have a forecast for a no brexit deal. perhaps more interesting and important, he has discussed his term with the chancellor. he says there are many qualified -- governor candidates, and he cannot make an announcement for the government. he is not denying he is discussing with the chancellor whether he is staying on longer. alix: why didn't treasury hike if inflation is over