that is a must it for daybreak australia -- almost it for daybreak australia.e more on daybreak asia. this is bloomberg. ♪ mberg. ♪ haidi: good morning. i am haidi -- shery: i'm shery ahn. welcome to daybreak asia. stories, the apex wraps up, the u.s. and china barbed comments. no communicate -- communique. russell says the u.k. transition could be extended. the u.s. prepares for reports of the jama

this is bloomberg. ♪ nejra: "bloomberg daybreak: europe this is "bloomberg daybreak: europe."m narrative -- this is "bloomberg daybreak: europe." i am meriting its. manus: i am manus cranny. assets for the nine-month period of 209.4 billion swiss frames. joining us now from frankford is then. -- zeno staub. storye look at the growth , you have done a deal recently. youg after u.s. taxpayers, bought a business, you are building that business. is that the direction of travel and are we going to see more deals like this? for us, our key priority has been and still is organic growth. the story over the last seven years shows we have been able to grow our business organically successfully. we have seen the markets and the capabilities we have designed, but we always like to do add-on acquisitions which would bolster our growth. the deal we where able to view is strong testimony to that. it gives additional volumes to clients and a core market of ours, which is the u.s., and it gives us a long-term partnership for further client referrals with the u.s. background, so that is a nice

or come to "daybreak asia." ♪ -- welcome to daybreak asia.l: here's a look at our top stories this friday, a mixed start for the asia-pacific after declines on wall street. tech and energy lead in the s&p 500 down from a one month high. interest rates remain on hold as policymakers note strong growth, rising wages and higher tariffs. and oil falls for a night straight day in new york with crude entering a bear market ahead of the weekend talks. shery: let as get a bit check of the markets close. the fed left rates unchanged, and we saw the dog giving up of its gains. tech underperforming, the nasdaq falling .5%, and disappointment coming from square and a roku to we have. financials higher. , but at the same time, energy stocks led the decline as paul just mentioned. oil is in bear territory from yard take a look at what the wti has done this year, surging and ground, getting close to $78 a barrel, surging to her to be dollar a barrel level, falling into bear market territory. there are signs right now though, that the market could be oversol

plenty more ahead on "daybreak: asia." this is bloomberg. ♪ >> this is "daybreak: asia."k of thea latest business flash headlines. disappointing earnings from an apple supplier of the latest sign of weakening demand for new iphones. incomeuarter net reported of about $800 billion, 12% below the average estimate. they join a string of apple supplier's warning of a worsening outlook as iphone volumes plateau and a lethargic smartphone market. >> credit agricole is working on a deal that offers five structures and for currencies. china once to transform the greater bay area into a high-tech megalopolis to rival the silicon valley -- china wants to transform the greater .ay area >> a backer said there's no point in being in one world. other partners view qatar as a threat. >> we just had that pretty negative japanese third-quarter gdp, suggesting further downside and we will really need a pretty brilliant chinese data outlook to improve regional sentiment. the nikkei falling about 2%, as much as of the 3% of yesterday's session. also notese yen getting as much as you might ex

that's it from daybreak asia.tinues as we look ahead to the start of trade in hong kong, shanghai, and shenzhen. haidi: standby for bloomberg markets coming up next. this is bloomberg. ♪ kong.d: 9:00 a.m. in hong welcome to "bloomberg markets: china open." yvonne: renewed trade optimism. david: president trump lifting the mood, kong. saying things are moving ahead nicely with china. rishaad: washington under pressure. chinese companies accused of stealing chip secrets from macron. m

welcome to "daybreak asia."story this wednesday, asia-pacific stocks look set to extend the global set off as sliding oil and week tech ed -- weak tech add to the gloom. demand continues to drag. the stock is at a six-month low.

still more ahead on "bloomberg daybreak: asia."loomberg. ♪ bloomberg. ♪ haidi: this is "bloomberg daybreak: asia. i'm haidi stroud-watts in sydney. ramy: i am ramy inocencio in new york. bloomberg new energy finance joins us. this is great news, but have emerging markets made this much progress? launchedesterday, we the economist report, which measures emerging markets in energy advancements. for the first time ever, emerging markets have and -- have added more renewable energy capacity than fossil fuel capacity. that was slow progress that increased every year and that has led many technology prices and increase in investment in different types of ventures. ramy: what is -- haidi: what is coming number one in the survey? rankinghile tops our and this is mainly led by strong increasethat led to an also byy investment and a strong government that is committed to increase and accelerate its power sector. in the second position, for the first time, we have india, which policies,clean energy especially clean energy targets. also compet

welcome to "daybreak asia." our top story this thursday, the a reprievec set for after a modest rebound in tech, energy, and oil. foxconn says next year will be difficult and increasingly competitive. carlos is awaiting his fate as the board prepares to meet today. get started with a quick check of the markets, closed here in the u.s., the last session before the thanksgiving holiday. lighter trading ahead of the day off. we saw the s&p 500 regained .3%. from earlierlied in the session, sort of faded and fizzled out, finishing now unchanged. the nasdaq had a gain of 1%. saw it pullback about half of the losses we saw in the previous russian. we also saw energy gaining ground from one year ago -- previous session. we also saw energy gaining ground from one year ago. investors in asia have a lot to digest from wall street and the board meeting in your,. -- and the board meeting. attention will be on the nissan board meeting. what is the fate of the chairman of the company? quite a calendar to digest here .n asia i

welcome to daybreak asia. haidi: our top stories, caution is the watchword for the start of the trading week, futures indicating a lower open in australia and japan and hong kong. theresa may wins e.u. backing, although there will be no more talks if british lawmakers reject the deal. carlos ghosn denying any wrongdoing at this hour. questioning has begun. ramy: let's see how things are shaping up for asian markets in this last week of november. sophie kamaruddin. sophie: caution will be the watchword as we start off the week, counting down to the g20 summit in argentina friday with meeting very much top of mind. we could get his towards the fed's tightening path, a jay , and fed meeting minutes. landslide win, stocks are off .25% after the two day rise. japanese markets are back online after the long weekend. carlos ghosn's future is to be decided as the board is to meet at 4:30 p.m. local time in japan to vote on his position at mitsubishi motors. shares little changed but the kiwi dollar under pressure, sli

welcome to daybreak asia.stories, oil is in the spotlight as producers signal curbs on output. saudi arabia reducing exports starting next month. 10 years after lehman brothers, u.s. banks are still falling short on risk management. alibaba delivers

welcome to daybreak asia. haidi: our top stories, oil is in the spotlight as producers signal curbs on output. saudi arabia reducing exports starting next month. 10 years after lehman brothers, u.s. banks are still falling short on risk management. alibaba delivers a shopping sensation, singles' day with a sales sales in 24of hours. shery: let's get a quick check of the sales in 24 hours. shery: let's get a quick check of the markets close on friday. there was pressure for stocks as tech shares led the decline and we have weaker earnings pressuring the market, the nasdaq down 1.7%, the s&p 500 lower by energy stocks. 10thost ground for a consecutive session, the longest losing session ever. over the weekend there was signaling from saudi arabia they might cut production. we got some earnings from disney helping minimize the damage in the dow jones which felt .8%. not much happening with futures at the moment, but as long as investors have to wait, including plenty of economic data out of asia. see how things a

more daybreak asia next.rg. ♪ ♪ . >> good morning, major markets just opened for trade. >> good evening from bloomberg's headquarters. welcome. hong kong, in tuesday, technology general, apple supply under ressure today, reports of eakening demand for i've ones

welcome to "daybreak asia."y this tuesday, markets looking set to follow wall street higher. president says he's ready to raise it to 25%. the drama could fundamentally change the auto alliance. ramy: breaking news crossing the bloomberg terminal in regards to the mueller probe. paul manafort has breached his plea agreement by lying. pleamanafort breached his agreement by lying, according to bob mueller, special counsel, probing allegations in the russian interference in the election. this crossing the bloomberg terminal right now. in the meantime, let's head on over to a check on the asian markets with sophie kamaruddin. sophie: asian stocks are gaining ground across the board with potential tailwinds from the u.s. session. gainingn tokyo are ground for a third straight day potentially as investors in tokyo will go up to a magnitude five earthquake that shook buildings. the kospi gains after rising over 1% on monday. we had korean consumer confidence sliding for the month of november. trade deficit did weaken o

. >> in hong kong, welcome to daybreak asia. ♪ our top stories this friday.hree semester rock it brexit fundamentally shifting the balance of power. >> u.s. markets are up for the thanksgiving holiday. the u.s., we are set from a mixed start in asia. stocks, their hedging -- hedging higher. dollarave the aussie trading steady at 72, 51 u.s. 10. japan closed for the holiday. on the sun and tokyo, we did see the shares edged higher in germany as we have these remaining in tact. they seek to improve the bargaining position. >> thank you. sterling roasts struck a brexit deal in brussels. critics at home and on the continent are unhappy. -- keeps the u.k. in the eu with no influence. >> i will refer to brussels in the meeting where we will this to aw to bring conclusion in the interests in all of our people. the british people want to be settled. that deals within our this grap. >> italy passes current financial conditions are far too tight for a country with weak growth and slow inflation. italian bonds have risen 3.5%. far higher than 3.5 a year. >> president tr

welcome to daybreak asia.ific market set to follow wall street as they raise chances of a trade that taught this weekend. president trump open to a deal with the g20 but the white house says china will have to step up. bmw is committed to the u.s. market and will continue to invest. we will hear from the ceo. let's get a reminder of how u.s. stocks ended the session. you can see the we ended in the green, it was a very flip-flop kind of day. the s&p 500, i counted five flip-flops across the flat line. it was a battle between trade fears and trade hopes, and trade -- won witht with donald trump thing he is open to a deal. there are tariffs at the start of next year and new tariffs on $600 billion of goods that have not yet been made. the dow and nasdaq are up by the most in a little more than a week. we can see futures up .10%, indicating possibly we might see a third day of gains, but it is early days, early hours. let's flip up the board and going to the bloomberg terminal. i want to show you a deeper dive in

daybreak, that is on the anywhere app.dustries and assets you care about. this is bloomberg. ♪ ♪ shery: this is daybreak asia. i am haidi stroud-watts. shery: i am shery ahn. let's get a look at the business flash headlines. tomorrow shares will cut forecasts. the earnings announcement was elayed until 3:00 p.m. the outlook for full proper it to $2 slashed 30% billion. that they are running into tens of yen. subaru is recalling 70,000 vehicles in total. profit of $5.8 billion, narrowly missing expectations. it has been a disappointing earnings season for australia's big for banks. -- four banks. it went to 13%, the weakest in a decade. the rivals are all floating but westpac intends to keep its advisory business. fastestne of china's growing robotics startups is ramping up its international expansion even as president trump's tariffs forced the company to dial back on u.s. ambitions. they raised $100 million and expect to do more than double --m that at the next funding double that at the next funding round. we spoke to th

this is bloomberg. ♪ ♪ is "daybreak: asia."nks in how global economics and policy editor kathleen hays is here with what they all have in common. i think we will look at two asian central banks in focus. for them, it is the same. rbnz held its key rate at a record low, exactly what was expected. the head signaling that cash rates will stay there through 2019 into 2020. they did make one change. that aopped this phrase change to higher rates are lower rates was in the cards. people felt it was less dovish. they do see inflation getting to 2%, the middle of their target, sometime this year. let's jump into our bloomberg library. look at how well gdp is going. , staying ina climb a healthy range. if you look at their trade balance, there is some concern over exports, another reason to sit tight. let's move on to another bank, the central bank of malaysia. the same call. they keep their key rate at 3.25%. they raised it in january because they were concerned about inflation and their currency. inflation has eased a bit, and the rin

welcome to "daybreak: asia." thursday, the rally looks set to extend for asia after u.s. equities surged the most since march. the s&p 500 jumping more than 2%. jay powell's comments fueling speculation that a rate hike pause is closer than we thought. china says global trade is at a crossroads and the world must choose. they are warning growth is slowing faster than expected. ramy: let's get a quick reminder of how u.s. stocks ended the session. they did en in the greend, all rising the most in eight months. as we are looking at s&p futures, it is down by nearly 0.2%. as you mentioned just now, the biggest catalyst for this was the words of jay powell, saying that the interest rate was just below neutral and that let the doves fly. we saw investors pile in. if interest rates stay a little bit muted, more money can be channeled into equities and take a little of the edge off. sophie, i will hand it over to you. we are seeing a little green over where you are, too. sophie: we have shares gaining about 0.3%. tech a

alix: that's it for bloomberg daybreak americas.pen, with jonathan ferro. ♪ jonathan: from new york city for our viewers worldwide, the countdown starts now. counting up, and equity market revolt of a trade headline, speculation mounting ahead of the g20. the latest high-profile name warning about potential trouble in the credit market, and more pain for the chipmaker. week forecast from nvidia. 30 minutes from the opening bell . futures, -13 on the s&p, went down .5%. the fx market, euro-dollar about atreach 114, currently 113.91. treasury yield -- by two basis and for the equity market and investments of the markets more broadly, seemingly at the mercy of the next trade headline. >> i do expect an escalation of the tariffs, and i expect china to retaliate. >>

light showers will gradually decrease in coverage overnight and mostly end by daybreak.n portion of our area this morning. dry conditions are then forecast this afternoon through at least monday, along with mild daytime temperatures and seasonably cool nights. an active weather pattern will likely redevelop by tuesday of next week, with periods of widespread and significant rainfall possible from tuesday through the end of the week. ( sara ) ( sara ) ( sara ) the u-s postal service is alerting bay area residents... not to be alarmed if you start seeing mail delivered as early as 5-30 in the morning. the change is happening in the coming weeks. it comes as the u-s-p-s ramps up package deliveries for the holidays. the postal service projects a double digit increase in package volume this year. saying more than 900 million packages will be delivered between thksgiving and new year's day. and this day. and this year it is shifting focus from the busiest day to the busiest week. that will be december 17 to the 23-rd. ( sara ) now take a look at this -- a family in louisiana g

>> you're watching "best of bloomberg daybreak: middle east." president trump promises a full report on the jamal khashoggi killing. global market misery deepens. equities falling and oil falling to lows it hasn't seen in a year. is the party over for dubai? yousef: we begin the week with president trump saying the u.s. was preparing to issue what he called a very full report. that was after the media reported that the c.i.a. reported that the saudi crown prince ordered the assassination of the clom history in. -- of the columnist. claims trump denies. >> the saudis have again reiterated that deny that the crown prince was in any way involved in this. they are still blaming this on rogue elements. people that they are putting on trial. they have said they are seeking the death penalty for five of the people they are charging with this. at the same time, of course, i mean, this is the "washington post" story. they broke the news. they are saying this is a c.i.a. assessment on the basis that the crown prince is really in charge of day-to-day runni

welcome to "daybreak asia." haidi: out of story this wednesday, asia-pacific stocks look set to extend the global set off as sliding oil and week tech ed -- weak tech add to the gloom. demand continues to drag. the stock is at a six-month low. shery: he remains chairman and ceo as the investigation proceeds. we are in tokyo. headlines out of nissan dampening sentiment across asia with stocks falling the most in two weeks in the last session. let's see how markets are looking right now. japan and korea coming online, sophie. sophie: we are seeing red across the board, matching this great and gloomy weather we see outside the window in hong kong, looking like a midweek hump for asian stocks. losing 1.2%, so we are seeing losses of over 1% in set fors the asx 200 is a fourth day of losses, trading at a low. the global selloff is continuing apace while the yen is not too far off from a three-week high. the korean won off by .4%, so this resurgent dollar strength is not helping the risk-off narrative as well. we have

you are watching "daybreak: asia." tom: thank you.rt for anir alliance, despite the firing of carlos going. a winning cooperation. it was later backed by a ceo. they voted unanimously is -- unanimously. appointing an interim leader. exchange aboutg nissan as an enterprise. what is important for both of us is the preservation of the group is goinghe through turbulence and that should not be allowed to threaten thousands of jobs. an emergency has been declared in new south wales. about 100 firefighters are working to contain a blaze on three fronts near newcastle. they are being backed up by a water bombing aircraft. believe it will continue all day, frustrating efforts. the commerce ministry dismissing claims as unwarranted and says the trump administration is wrecking relations. the leaning tower of pisa is not leaving so much. work, it has of better structural health than expected. it reopened in 2001 after being closed for years over fears that it would collapse. oftoring hundreds of tons lead counter weights. global news 24 hours a

you are watching "bloomberg daybreak: australia."ny --tate-owned shery: has been charged with conspiring to steal secrets from micron technology. the indictment is the latest fact that -- faction in the pursuit of china for suspected economic espionage. bloomberg news enforcement reporter david mclaughlin joins us from washington. could you explain this indictment and who has named, and what are the charges? david: the charges are conspiracy to steal trade secrets from macron, as he said. the companies that were charged --re chinese company called i am forgetting the name actually. the other company is taiwanese. united microelectronics. a very well known company. individuals, three individuals who worked at those companies who were alleged of taking the technology, the ip from macron. shery: what technology does this indictment cover? david: macron makes what is called dynamic random acts of memory. it is a type of computer memory. it is the only u.s. manufacturer of these types of chips. it is very important to the united states. a

david: welcome to "bloomberg daybreak." i am david westin alongside alix steel. 170 prosecutors going to the offices in frankfurt. alix: a spokesperson saying i thought we gave it all. oh my god. david: there are two individuals they are focused on. alix: how do you own that stock? one, there is a body someplace, and two, it is deutsche bank. alix: you had a strong rally yesterday thanks to fed chair credit suisse jay powell --. .4%, euroities down -dollar goes nowhere, but it is a safe haven bid. ,he 10 year yield nearing 3% the lowest level since mid-september. asch that, especially european economic confidence is falling. crude up .5%. there are$50, but significant issues for producers in the u.s. the could have bigger ramifications. this is getting real. david: we made it all the way to $50. , data for core pce and personal income for october and last week's jobless claims. pending home sales data for last month. 2:00, the fed will release minutes from its november meeting. also at 2:00, the week of the thanontinues wit

lots more to come on "daybreak: asia." this is bloomberg. ♪ this is "daybreak: asia." stroud-watts. haidi:-- shery: i'm shery ahn. the new york fed president is the latest fed official to share his take on interest rate policy. >> unemployment is very low. the economy has a lot of good, positive signs. for us, it is just keeping a good balance, keeping this economy strong and stable. we, will likely be raising interest rates somewhat but it is really in the context of a very strong economy. >> he was speaking in new york, adding that the fed is not locked into a preset course. our fed reporter was at the speech. did we get anything new from his comments? >> nothing hugely new. what we got from his comments was the identity the -- idea the economy is still strong and they will be cautious in hiking rates. he was careful not to make it sound like they will be too aggressive in their path forward, which is very much in line with what we have been seeing from speakers over the last couple of days. >> just before williams gave the speech, we got the biggest drop in us home

manus: a warm welcome to "daybreak: europe." of these different breaking news for you this thursday. let's get into it. lehman delivering their numbers to us. a buyback for you if you are a shareholder, it's coming. up to 3 billion euros worth of 2021.by november rewarding the shareholder, a headlines, your read business profit, 2.15 billion, beating what the market expected of 1.59. and the industrial profit margin will be 11%-12%, that is the guidance for them. the power and gas, you are seeing fourth-quarter power and gas slumps but the fourth quarter be, just digging a little more into it you can see the profit and most of the byiness is largely offset but it's aas, buyback and upbeat will we -- we will be focused on. what's going on in saudi arabia and iraq? at 6:30speak to the ceo a.m.. what a monster delivery from this man himself. good morning, let's get into the banking sector. numbers from commerzbank over in germany. trying to gut -- growth through client acquisitions. what wasve anticipated. the outlook remains uncha

"bloomberg daybreak -- >> this is "bloomberg daybreak." barclays, having enough capital to withstand the horses outcome, but it may be a setback or the ceo's plans to boost returns to shareholders. apple apparently won't boost productions for the iphone xr. contractors were told to halt plans for additional production lines for the device. apple received weaker than expected demands for the new iphone. and reaping the benefits of an enormous investment in technology, fourth-quarter profits exceeding the highest analysts estimates. making the company from a primarily telecom operator into a technology investment firm. that is your bloomberg is this flash. .lix: thank you so much, m here's the breakdown of where the house gop and democrats are vying for control. joining us now is gibson smith, investor in cio. looking at tomorrow, what's the single most important thing you will be watching in terms of the issues going forward? gibson: the markets have probably priced in that the democrats will take the house and it will be interesting to see

. >> welcome to daybreak asia. inocencio. haidi: asia pacific stocks look set to fall gains of the last day of the month. investors are awaiting the outcome of the g 20 summit. president trump doubts on a deal with china, saying he is happy with the current situation. and reading between the lines. ramy: u.s. stocks ended the session across the board, the three days we saw in the green were snapped today. it was a whirlwind of interesting headlines, most dealing with trade with regards to trump and china. the s&p 500 was down 2/10 of 1%. nasdaq was down by one quarter of 1% with market whiplash. one of the headlines was trump with a positive reaction, saying he would do something with china . there was a report that peter navarro would be joining him at the dinner on saturday, which would make a three is a crowd situation. we can see anxiety weighing in the market. function. at the map of the 11 sectors ended in the green. energy was up the moats with six tent -- up the most with 6/10 of 1%. saudi arabia is considering cuts a

bloomberg daybreak.there is a new chairman at tesla. it has made one of its directors a replacement for elon musk after he had to give up the position after a run-in with secured he regulators. job cuts on the way at the marty eight -- workforce. 9% of its boostis stocks have a after the ouster of jeff sessions. etf's jump to new highs on the news, rising as much as 9%. that is your bloomberg business flash. the biggest question after the midterm elections is how the newly divided congress will work with itself and the administration. --welcome now tom barrett tom barrick. yesterday fair amount about we want to work together. time, the president said if you start investigating me come all bets are off. >> if they start investigating you, that you can play that game and investigate them. can you compartmentalize that and still continue to work with them for the benefit of the rest of the country or are all caps off? that, all it is is a warlike posture. david: that is not as encouraging some of the things

this is daybreak asia. i am shery ahn in new york.rade war is beginning to hurt trade -- china with warnings of the economy is already asked. thing a slowdown. -- experiencing a slowdown. great to have you with us. talk about the slowing chinese economy and manufacturing pmi slowing. how much of this slowdown is to do with the trade war and how much just because of deleveraging already happening in the economy? >> it is a great question. my feeling is the chinese .conomy is slowing potential growth is slowing. it is the second-biggest economy in the world, the unit laser -- unit labor cost rising quicker than other nations. is the note this year chinese consumers business hasn't been responding to the monetary credit and fiscal stimulus that is supposed to stimulate the economy. gradualn a slow, deceleration, and i would note the trump trade negotiations at a bad time for china. let me break these headlines from japan. we are getting the trade balance and a much larger deficit than expected from the japanese economy with the deficit c

welcome to "bloomberg daybreak," on friday, november 9. david westin has the day off, much-deserved. beautiful day in new york city, chill and chill in the markets after a wild week. off 15 points. euro-dollar weaker. the dollar and the yen taking on the safe haven trade as markets roll over. buy bond a story unless you are italy. 3.21 how we print. 1.5% under $70. this could be the worst losses for crude on record. the implications we will be discussing throat the next two hours. i am with michael mckee and peggy collins who leads u.s. investment coverage. let's kick off with the fed. nothing happened. that was the takeaway. the balance sheet conversation, what did they really say? guess is they do not feel immediately they need to take action. that they can adjust the reserves level at the december meeting. the argument is about why we are seeing the fed funds rate, the trade bump up against the ceiling? which is the interest on excess reserves level. the fed gave technical reasons, because we are selling so many t bills, putting upward

." ♪ >> this is bloomberg daybreak.tartblack friday, they of the holiday shopping season and retailers are looking for a to be a blowout. the industry is enjoying the strongest environment in his 37 year career. both walmart and nordstrom said online sales are surging. the removal of the chairman of nissan is likely to lead to changes. nissan will try to create a more equitable partnership with renault. the french automaker has more influence in nissan than nissan does in renault. the cryptocurrency crash of 2018 is heading for its worst week yet. most of its peers are falling. the crypto index is down 25% this week, the worst five-day stretch since crypto mania peaked in january. that is your business flash. yesterday we learned at the brexit negotiators had reached an agreement, subject to sign up from individual member states. up today, we welcome our reporter from brussels. today, the bloom is off the rose. what happened? >> there has been this realization we have a document that has been agreed in principle. we had

haidi: welcome to daybreak australia. and i am sophie kamaruddin. we are counting down to the major market open. haidi: these are the top stories we are covering in the next hour. since food prices through the roof. [round that the earnings of australia's big banks. little changed from year ago. counting down to the vote. president trump with a string of rallies. let's get a quick check of our markets. we saw apples disappointing apple's -- disappointing forecast. the dow reversing gains. tech and other sectors like utilities some of the most on the s&p 500. the consumer stock for one sector gained ground. job data out of the last showing the hiring rebound is more than it acted in october. some domestically focused stocks. will startow markets this monday session. could see a cautious tone. for example, the hang seng is .allying over 4% today that cautious tone could be seen. orcould see some support japanese stocks. our first reaction to u.s. jobs data in u.s. and asia bracing for details around iranian oil. today, we are counting down to the open

dubai, this is bloomberg daybreak: europe. nejra: fighting the fed. trump renews his attack on the central bank. we hear from jay powell after other officials paint a mixed picture. the prime minister backing down from a key battle in parliament. is it a risk for theresa may's deal? and trade optimism. larry kudlow was hopeful for a breakthrough at the g20 but washington will not hold back on terra if there is no progress -- tariffs if there is no progress. manus: a warm welcome to the show. theresa may goes on tour. visiting? the pound is virtually flat as we start the trading day. we have done our survey. we spoke to 17 strategist and fund managers. quite a substantial majority, 45% suggest this deal will get voted through. 134 on a vote through. 125 on a novo -- no vote. interesting. goldman sachs said you need a one million barrel a day cut to bolster the market. $50, you got credit. thrifty 50. good morning. nejra: good morning. definitely still focusing on european politics today. some saying cable could drop as low as 110. 125.are questioning s

plenty more coming up on "daybreak asia."his is bloomberg. ♪ haidi: let's get a check of the latest business flash headlines. headache iss's intensifying -- a suit was filed saying they bribed former officials to quote manipulate them and the further the criminal scheme and benefit personally. they are planning major cost cuts. expensesal memo says must be lowered by $900 million and 10% of staff will be let go. >> amazon says they have mistakenly shared customer data with unidentified third policies. it has written to a number of customers to say there in emails and names have been inadvertently shared. due to a technical glitch that fixed.n amazon says there is no need to change passwords. quite theresa may in brussels to fine tune a exit agreement. that is the head of a summit sunday. can she get a deal in place in time? this is bloomberg. ♪ haidi: 8:30 a.m. in hong kong. just an hour away from the open of trading. positive numbers ahead of trading. relief rally on wall street overnight, albeit with volumes low. shery: you

good morning, everyone, and welcome to "bloomberg daybreak: europe."under an hour away from the european equity market open. yesterday, we saw equities more thaner by 1%. the s&p 500 briefly flirting with a correction. apple in a bear market. it was a punishing session for u.s. stocks. we have seen asia in the red but it looks like we could see a little bit of a rebound today. u.s. futures are moving higher. ftse futures up by .25%. cac 40 futures moving higher by .5%. buyersis mean the dip are starting to come into the equity market or will this be a short-lived relief rally after the pain we saw yesterday? credit still a big question with both described widening out to two-year highs. another part of the bond market is fixed income. the 10 year treasury yield has not moved up all amount throughout all of this. .3 07 handleoughly today. we could see a bit of tightening in the btv bund spread. we have had some comments in ated in less tampa -- paper that markets might be calming. thes concerned about spread. this is how we are going to see the open in

more to come on daybreak asia.s is bloomberg. ♪ quite welcome mat, world leaders are arriving into -- argentina for the g20 summit. issues like climate change in focus. erik schatzker is there and asked the economy minister about the host country's role in finding consensus. it is not to strike the deal between the leaders but broker the different possibilities. erik, what is that stake -- at stake? at stake.t is argentina needs to do everything global tradee tensions, argentina is an export dependent economy and so is the rest of the world. the rest of the world is slowing, the u.s. economy may be growing but the u.s. economy is fairly unique and as much as it is not as export reliant for as much of a share of its gdp as the rest of the world. that is why trade is a key issue, that is why there is such an intense focus on the dinner saturday night between president president trump and the hope they can resolve their differences and lay the groundwork for an agreement. a revised trading relationship and investment

>> welcome to "bloomberg daybreak: australia." >> we're counting down to the major asia market open. haidi: these are the top stories we are covering in the next hour. sterling strengthens as theresa may strikes of brexit deal but critics are not happy. loweran market traders and quiet thanks giving trading. oil resuming its decline in saudi production -- as saudi production it's a record. an altar of -- and altering about the power. >> we have a quiet day as the thinks giving holiday is in the u.s. and folks will be pressing for their black friday sales as well. if you take a look at the session in asia, we are bracing. we have stocks in new zealand adding about a 10th of a percent while futures are pointing lower. we have little on the data docket to drive sentiment other than inflation figures. and factory output from taiwan. japan is closed for its labor thinks giving holiday staying in it tight trading range. we will not get reaction to the latest developments around nissan. although the sun shares are gaining ground in germany. we do have the pound very much in focus. this has

this is "daybreak: asia." you are watching bloomberg. ♪ haidi: this is "daybreak: asia." haidi stroud-watts in sydney. shery: i'm shery ahn in new york. global leaders are in singapore for a series of regional summits this week. among them is new zealand's prime minister jacinda ardern who will be renewing her country's keith to be exempted from u.s. tariffs on steel and aluminum. wherehead to singapore haslinda amin is joined by the prime minister herself. haslinda: great morning. good to have you with a spirit you talk about trade being front and center. of course, the issue right now is president trump himself did not turn up at a time when trade is front and center. one is looking for commitment from him. what do you make of his absence? was it a mistake? pm ardern: ultimately, leaders make a call around the presence at the various in different anyms that are available at given time. having the presence of the vice president also incredibly important. leaders will be making the most of their contact and there opportunity to have a conversation. of aussie on, but also

banks, that is next. ♪ anna: this is "bloomberg daybreak: europe."ck out what is trending. first we go to twitter and tictoc. companies are uniting in hong kong to put an end to the sharp -- in trade. bloomberg.com, the launch of rockets in new zealand promises a new era for access to space. our most read stories on the bloomberg, third-place, california faces the most distracted series of wildfires in its history. pressure is building on theresa may. president trump appeared isolated after macron slammed nationalism during world war i commemorations. we heard the details before the break from annmarie hordern. let's get to the business news. densely humphrey has an update. >> as jack markell pierced to step down, alibaba has not -- has another record. -- jack ma down,epares to step alibaba has another record. offers a gauge of consumer sentiment amid slowing economy. software giant sap is buying call tricks international for $8 billion in cash. last month, they filed for a u.s. ipo. it will operate as an entity within the cloud group after the deal

. ♪ ♪ is bloomberg daybreak.n musk says he would not accept an investment from saudi arabia now. he criticized the government over the death of jamal khashoggi. interests have prompted him to tweak that he has secured funding to take tesla private, then he said he used twitter " with not as much of a filter." reversing the premarket again. morgan stanley estimates targeted, 13.5%. guidanceed the 2018 after beating estimates in the third-quarter. q3, revenue at $2 billion. shares in iag have taken off after announcing stepping up growth plans through 2023. the upgraded forecast shows confidence in the market, shaken by rising fuel prices and overcapacity. that is your bloomberg business flash. alix: the question on jobs day -- will we see wage growth over 3%? 200,000 job additions in 3.1%, thestimates, biggest gain since april of 2009. the number comes in. oh my gosh. what do you think? ellen: consensus at 3.1%, , that wouldpected not be a surprise. the headlines will be around the fastest wage growth since 2009.

x you are watching the best of bloomberg daybreak: middle east. shockeys the jamarcus scandal toashoggi score points. traded tensions have sent the bank rising. oma as asrael is using gatewayn to the gulf. ♪ manus: saudi arabia's top prosecutor this week visited the kingdom of istanbul where the khashoggi wasa al killed. president erdogan insists turkey will not let go the murder of the saudi writer. prosecutor visited the conflict to talk to officials. said, we have received information the murder was premeditated and people continue our investigation. but people are talking about whether the murder was indeed premeditated, and to ordered it? detained, 15ople people supposedly members of the and there are high profile these peoplewill be part of the investigation? that has yet to be cleared. how of the chess games playing out in the region? who is trying to get what at this moment? trying to getn clarity on this. information has been released by turkish officials. there are all these reports that they have an audiotape of the murder. we are seein

more to come on daybreak asia.is bloomberg. ♪ this is bloomberg. ♪ asia.this is daybreak i am ramy inocencio in new york. haidi: i am haidi stroud-watts. president trump and his chinese counterpart are indicating they are ready for a highly anticipated meeting at the g20 in buenos aires later. tom mackenzie joins us from beijing with a look at what to expect. what is the chinese side saying in the run-up to the talks? is there positivity? tom: there was an attempt by officials in this briefing they constructiveo be leading up to this. they say they hope the meeting between the president's goes smoothly. they say their officials were working closely with u.s. counterparts which echoes larry kudlow. they also are prepared to me to the u.s. halfway we also heard from the vice commerce minister saying he thought the u.s. was ready to make some kind of agreement or deal, preparing to move in that direction at least. that mirrors what we heard from president trump speaking thursday. he said he thinks china wants to make

bloomberg daybreak is next.step away, you can turn in -- tune in to bloomberg radio live on your device and dav digital. this is bloomberg. ♪ welcomeod morning and to bloomberg markets, the european open. alongside matt miller in berlin. matt: we are looking at asian markets rebounding although futures are down, the cash trade is less than 30 minutes away. ♪ anna: upping the ante, president trump threatens more china tariffs ahead of the g20 summit and i funds could

this is bloomberg. ♪ haidi: this is daybreak asia. a quick check of the latest business flash headlines. google cloud is to have a change of leader. the ceo will step down in january and be succeeded by a former oracle executive. google cloud expanded rapidly as she tried to challenge apple and microsoft. she intends to remain on the board of google parent alphabet. haidi: the central bank money blower -- bank's trading operations from 2007 until april 2014. left after alerting management to suspicious amounts of money flowing to the bank's estonia unit. he later spoke out through the media. shery: black rock is set to be thinking of applying for and mutual funds licensing and china to exert more control over its operations there. sources tell us the company is in talks to sell its 16.5% stake in bank of china investment management and asked -- blackrockid he hopes can become a strong player in china. one company i'm keeping a close eye on, fidelity investments. bloomberg markets spoke exclusively to the ceo, as well as kathy murphy.

emma: this is bloomberg daybreak. our guest the u.s. economist. this is bloomberg. david: we are going to turn to wall street beat. drum gets defensive, speaking out for the first time since his arrest. past personal trading. the magazine publisher searches for a new ceo after announcing the merger of its national operations. there are rumors. deutsche bank's regulatory setback, it comes under pressure to fix internal compliances. i did not hear about that. with front andrt center. we have not heard a lot but now we have heard a little bit. he wanted to downplay his compensation. he did not want to get in trouble by the company and denied reports he used the company nissan to offset losses. >> this is the first time we have seen him come out and say something about allegations. a lot of company ceos have deferred compensation plans. it is like a charged 401(k) but you are to test supposed to disclose it in filings and people understand how much you are due to get and how that competence your overall compensation packa

jason: this is bloomberg. ♪ taylor: this is bloomberg daybreak.aylor rates in the hewlett-packard enterprise greenroom. our lead advisor chairman and ceo -- jason: we turn out to wall street beat. first up, nissan's credibility at risk. -- thechairman resignation of carlos ghosn map long-term impacts on the company's credit. then ray dalio's life-changing lesson. we talked about this going into the break. after losing everything on a bet gone wrong, the founder of the world's biggest hedge fund recounts his life-changing lesson. burn.he i love talking about hedge funds. -- it has to do with president trump's overhaul and making struggling hedge funds even less appealing. alix: bitcoin in now. still with us, bob doll. there are 70 parts to pick apart with the carlos ghosn story. there was a note from a credit analyst in tokyo saying it is not -- nissan's appraisal has fallen to the ground. was he the only one responsible for reporting his salary? how does that work? robert: this will take a lot of time. they will have to go back to square one and f

. >> welcome to daybreak asia. our top story, asia-pacific markets look to extend the rally in new york. watch out for chipmakers. theresa may bowing to fight on as brexit hardliners have a vote of no-confidence. wilbur ross is the u.s. still plans to slept tariffs on china matter what happens. despite the comments, we saw more optimism that trade tensions could be easing between the u.s. and china. here's a look at the markets. just the fact that china and the sending theking, tech shares higher. the trade related sectors like industrials also higher. the s&p seeing the best day in a week. the dow gained as well. the nasdaq gained 1.7%. s&p futures at the moment slightly down but they were higher at the open. fluctuation area it all of that will play into what happens in asia. >> as we start off, the cash trade in signal -- sydney we are seeing gains. there are potential pitfalls ahead. brexit fears. we have korean media reporting that they tested a new tactical weapon. we are also watching japanese toolmakers. wa

much, thank you so you for joining us on "daybreak europe."ack to earnings and immerse, the mark's -- and reported profit that beat analyst estimates. the exchange rate continued to weigh on profit. us is the cfo. great to have you with us. thank you for joining us this morning. despite the fact that we have some positive read through on your numbers and your forecast and particularly for net sales growth in 2018, we are seeing trading down. something is rattling investors here. how exposed are you to forex troubles in the fourth quarter, could this be what is rattling investors today? marcus: good morning. we have seen by and large from reliefond half of 2018 for an exchange situation in a way that important currencies have improved compared to the euro, compared to what we have seen in the first half, we had a strong headwinds. we have seen, we have struggled with the depreciation with the latin american currencies including the argentinian peso and the real which hit our bottom-line pretty hard. in the third quarter we expect to see it to c