welcome to "daybreak asia." asia-pacific markets to open higher after financials gave wall street a lift. a lot of attention turning to the bond market. google's parent may give tech a boost. improving at business. -- ad business. kathleen: i am kathleen hays in new york. pushed the u.s. has been around for too long. china rejects the president's claims of currency manipulation. beijing says it change rates will be determined by the markets. so many things going on in the world today. president trump was the least of it today. definitely his tweet about amazon. so many people looking at the global bond market. it all started in asia and tokyo. speculation on the meeting next week. governor kuroda will signal some kind of tweak to yield curve control, may be buying fewer bonds, not changing stimulus. just taking some steps that would take some of the pressure ,ff japan's regional banks having a little more trouble dealing with their portfolios, to do, asthey have long as the boj is buying up so many bonds. yvonne:

. ♪ yvonne: this is "daybreak: asia ."cks closed higher, led by technology and health companies.es -- let's bring an advisor investments chief investment officer. he joins us from massachusetts. good to have you on the show. on one side, we have earnings. that is trumping the tensions we have been talking about for the past few months. what is your reason on where we are going -- read on where we are going? looking beyond earnings, we are going to enter a volatility. the midterm election is going to be vitriolic it best. for investors, it is going to be a time where gets more nerve-racking. whetherknow more about the trade war actually manifests itself in terms of what kind of scale it can manifest itself. between now and then, we continue to have optimism. whether we are looking into second-quarter earnings, we see reasonable levels of past growth cautious optimism for the outlook ahead. is policy and agenda as opposed to fundamentals. ramy: in terms of best and worst to sectors to go into in orders for investors to figur

welcome to daybreak asia. asia-pacific markets ready for a mixed start to the week as trade tensions once again topped the agenda. g20 warning those tensions threaten the global economy, but steve mnuchin sees no chance of a currency war. kathleen: it is just past 8:00 p.m. in new york on this sunday. president trump threatens tariffs on all imported goods and saying beijing is manipulating the yuan. shinzo abe's top aide insists japan is not interested in a bilateral deal. haidi: a lot for investors to contend with. not just earnings, we have banks, big tech names earnings out this week. also industrial companies, the energy sector as well. concerns about what this next missive in the trade were between china and the u.s., and the u.s. and every other trading partner. kathleen: of course right now one of the, sort of like the repository, the one thing is the chinese currency. it was hit so hard. you wonder now, has it been hit continue,at this can or does it continue on the march towards seven? i think that i

haidi: welcome to daybreak asia. the top stories, asia-pacific markets are set to rise after renewed optimism. apple, among the winners. demand for iphones remains strong. services are also paying off. globalrom bloomberg's headquarters, iming new york. it is just past 7:00 p.m. on tuesday. by do is seeing a bounce after hours. it beat estimates last quarter as its personalized news service helps sustain growth. it is time to talk, or is it? sources say the u.s. and china are discussing how to re-engage and reboot stalled trade negotiations. all right. very good morning to you. to our viewers across the world, looking at where we ended on the markets, it was general relief rally, because at least the earlier breaking lines that the u.s. and china are talking to .ry to defuse trade tensions the s&p 500 was up by 0.5 percent. new news that donald trump is going to throw another additional $200 billion on to china. ofdi: the high tariff rate 25% versus the previous expected 10% paints a picture of how quickly things can

that is it for daybreak asia.nues with rish and haidi next. ♪ two, down and back up. our phones are more than just phones. they are pocket sized personal trainers... last minute gift finders... siri: destination ahead. and discoverers of new places. it's the internet in your hand. that's why xfinity mobile can be included with xfinity internet. which could save you hunreds of dollars a year. plus get $150 when you bring in your own phone. its a new kind of network designed to save you money. click, call or visit a store today. virgine did the name come from? richard: the only reason we will go into a new sector is if we felt it was badly run. david: is there something in your life you haven't achieved? richard: we are on the verge of fullfilling that dream, a virgin spaceship going to space. daivd: now you are a sir, you were knighted. richard: i was slightly nervous it would have been a slice at the head rather than a tap on the shoulder. >> would you fix your tie, please? david: people wouldn't recognize me if m

welcome to "bloomberg daybreak: asia." ic looks for a lower opening after tech lead most u.s. stocks down. earnings not trade are now pushing markets. the big loser as subscriber growth missed expectations. ramy: from bloomberg's headquarters, blackrock's larry fink says terrorists -- says may hurt says tariffs the u.s. economy. beijing says it will work with europe to protect the rules. yvonne: earnings running markets right now but certainly it is interesting given the positivity we were expecting for this earnings season. it seems the beats are a you on fast. yawnfest. that could lead to some trouble siphons in the asian market. ramy: you know, looking at at least bank earnings that have come in in the last half week, they have been pretty positive. for example, bank of america reporting 33% profits and analysts have been raising their ratings for banks 30 much across-the-board. a far cry from where we were this time last year when banks were getting downgraded because of a lack of volatility. the volatility coming aroun

coming up on daybreak asia, the market open. 10:00 here in sydney welcome to "bloomberg daybreak: asiar real to as president trump attacks the feds. investors are on alert. the president says it has been dropping like a rock and that is putting the u.s. at a disadvantage. from bloomberg's global headquarters i am ramy inocencio in new york. the auto industry fights back against duties warning the administration they will put american jobs at risk. malaysia issues more arrest warrants linked 1mdb. most say that money is gone for good. haidi: president trump continuing his unorthodox approach to dealing between the government and the fed with this comment on rick -- rate hikes as well. we are seeing asian markets starting the session on the back foot. whipsaw notou say equities is what i'm thinking i -- is what i am thinking about, i am thinking commodities and currencies, the dollar, as well as surgeries -- treasuries. donald trump did not think the fed should be raising more rates for now there is talk that may be the fed could double down and continue on as turkish. -- as harkish. we

welcome to "daybreak asia." asian futures point to a weaker open after tech the retreat in new york. the nasdaq saw its biggest loss since march. netflix really leading the way as the mega cap stumbled 3%. the groups lost 9% since facebook reported. bloomberg's global headquarters, i am ramy inocencio in new york. global bond yields rise as markets await the bank of japan. policymakers will adjust their language. oil jumps the most in a month on worries about global supplies. west texas broke that through $70. yvonne: watching a lot of key data as well. numbers forff with the month of june. slightly better than expected when it comes to the month on month members, but we are in contraction mode, down .6%. this is off of the 1.1% print we saw in may, but those have been revised rightly higher. we are actually missing the mark, down .4%. economists were expecting something more towards the positive side. we have seen some resilience when it comes to exports this month. we saw a bit of a rebound. really, front and

this is "bloomberg daybreak: asia." i am ramy inocencio in new york. nne man in hong kong. isning us now from singapore divya devesh, standard chartered is asia fx strategist. viewers here,ur what we have been seeing in dollar-yen, we are quite confused by the weakness we have seen given the fact that much until april of this year, the trading with u.s. yields and the interest rate differential, now we are seeing a decoupling here. what do you think is contributing to that? a couple ofnk factors which are driving the recent weakness in yen come up one is, i mean, it seems like we are in a little bit of a risk, especially here in asia and more but u.s.cross e.m., equities are still holding up quite well. i think the correlation with broader risk sentiment, equity performance, dollar strengthens seems to be quite strong. that is keeping the dollar-yen supported. yen weaker in recent weeks, both on the bonsai . it is very important, because they tend to be fx and hedge, and that is driving yen weakness. look at the number for the last couple of weeks. japa

this is bloomberg. ♪ ramy: this is "daybreak: asia." a quick check of the latest is this flash headlines. hit there about to south korean market. lawmakers seek to restrict control. insurance is facing pressure to sell the holding pushing a bill that bans concerns firms. bill broder says operation in estonia was used to launder more than $8 billion. that is more than double previous estimate. was --'s biggest lender reprimanded for failing to watch for money laundering. they avoided prosecution. yvonne: the brazilian government has signed off for a joint venture with boeing. stores shared. plans would be finalized in the next few days. boeing would have 80% of the company with somber air owning the rest. australian exports may have a new king. april saw a rebound in prices our let's bring in australian reporter. why is australia forecasting cold to become the top export earner this school year? exactly as you say, forecasting a bit of a shift in the top export earner in the year through next july. it will be down to some of the rally th

looking more to come on daybreak asia. this is bloomberg. ♪ yvonne: this is "daybreak: asia."eopolitical tensions have been driving market, but our next guest says investors might be missing something. that is the impact of a trade war on u.s. to on d. joining us is carol. for joining us. i want to get your read on where we are in the markets right now, especially with all these trade tensions showing their teeth here. strangely up on friday. the s&p going past 2500. >> markets are acting like a trade war -- if it comes to war -- that the u.s. markets should come out in a stronger situation been much of the rest of the globe because the risk on trade is still playing. technology stocks are still doing well. some of the industrials have suffered. overall, they are focusing on how strong be u.s. economy is. people areaid missing the impact of a trade war. when you look at the tech sector in general, it gets a disproportionate amount of earnings overseas. if we go into an extended trade war, those companies may not suffer as overtly because they distribute aarily physical good. p

more ahead on daybreak asia.berg. ♪ yvonne: three minutes to go before the market open. we are set for a choppy session despite a strong month when it comes to equity markets. we are back to the level we saw back in january when it comes to the games -- games we have seen. we have seen very we will expect to hear more from the boj. ken governor kuroda pour some cold water on this speculation? from wallech angst street on friday. we see futures in the red this morning. coming up next hour, the principal global investor tells us how the negative impact of tariffs on china could spill over to the wider asian region. much more coming on the fx as well with bank of america merrill lynch. this is bloomberg. ♪ . this is bloomberg. ♪ two, down and back up. our phones are more than just phones. they are pocket sized personal trainers... last minute gift finders... siri: destination ahead. and discoverers of new places. it's the internet in your hand. that's why xfinity mobile can be included with xfinity internet. which c

welcome to "daybreak: asia."fic markets face declines at the open after wall street gains fizzled out. investors are worried about tariffs. the dollar pulls back as the -- as as to not use weapon in its trade war with the u.s. ramy: just passed 8:00 p.m. on a tuesday zte wins a lifeline, the filmmaker can resume u.s. operations until august as lawmakers weigh the seven-year ban. malaysia's missing millions --najib razak is arrested over the 1mdb scandal, and he could be charged with it at this hour. yvonne: we will bring you those from malaysia any minute. we've been watching this topsy-turvy session in the u.s. does not bode well for asia. this good news about zte being able to resume business could provide a boost for stocks. saw strength and after hitting an 11 month high against usd. back to the tit-for-tat against the u.s. and china, it is interesting because all the names we have talking about are centering around tech. this gets to the china 2025 initiative. we will talk about this and much more. yvonne: i

this is "bloomberg daybreak: asia."fe as a public company but investors are skeptical that millions of shares could be in unprofitable territory from the outside -- outset. tim, good morning. wise is so slim for those who came in later? ran investors who came in on this new business model had a good rise up until today, ipo day. many of them made hundreds of percent returns. around 2014, when they did a few more rounds of bc investment, you might remember, if you look back, their valuation skyrocketed from low billions up to 50 billion. those who came at that time, they have not seen much upside. 18% for the f one round in 2014. 18% is not bad. investor four years later, it is not considered a real winner. they bought in at the top of the investment round. today,f the stock pops will they be able to finally cash out? good point. it is one of the issues they have to face. they are locked in for six months. we could talk about today's price and if it goes up or down. for those who came in during the ipo, that matters to t

welcome to "daybreak asia." the top stories this tuesday, asian-pacific stocks set to extend gains after wall street hit its highest in a month. the dollar rose while treasuries fell back. earnings season will divert attention from tariffs. bloomberg's global headquarters, i am ramy inocencio in new york, where it is past 7:00 p.m. on a monday. theresa may fights for her political life. that is while eurosceptic tories quit her government. the pound the client on fears of a confidence vote. t talks trade in berlin. all right. a very good morning to you, yvonne, as well as around the world. almost as if people are wondering as if there is a trade war going on between the u.s. and china and the u.s.'s allies. of a difference in terms of focus. looking ahead to what is happening to our upcoming earnings season. investors looking ahead to financials and there is an expectation of the s&p to have 20% returns year on year. a lot of optimism moving ahead. donald trump also in europe. while he is on one side of the worl

welcome to daybreak asia. asia-pacific markets facing a mixed start and stop entering the second half. oil is following -- falling and the euro is under pressure. investors are looking forward to friday for tariffs and the latest payroll numbers. ramy: i'm ramy inocencio in new york, past 7:00 p.m. on sunday. says it has now become a real car company. mexico shakes up the system with the first is eventual victory in decades for the left. we are live in mexico city. ♪ ramy: good morning. welcome to the second half of the year. it could be a time to celebrate. taking a look at the eco-data over the weekend, china pmi lackluster. south korean exports missing a tad. trade tensions and trade war, the snowball is causing investor concerns. a busy first week of the second half. yvonne: it's interesting because we see a sentiment change on friday a positive. a big week. jobtwo biggest eco-events, stay in the u.s. and tariff day on july 6. ramy: not something we usually look forward to. let's take a look at how the u.s

this is "daybreak asia." i am remy inocencio in new york. yvonne: i am yvonne man in hong kong. cks saw a mixed start. the trade war shows little sign of abating. crude oil plunged the most in two years. joining us now, a macro strategist. you are avoiding all the trade tensions at the moment. is that how you adjust to these positive pullbacks? wethere are multiple risks need to face. it is not just the trade war. that is in the headlines every single day, but other things affect asia and markets. the dollar movement remains key. we have seen the dollar back again -- rally back again the past few days. and bonds.for fx the second half of this year we will see much less liquidity from central banks. the fed is already mentioning they will buy less and less. -- they will sell more and more. boj are turning to quantitative timing. when you are in an area where you have a trade war concern and the dollar of fact and less liquidity going into asia and markets after being such a good market for many years, that remains to be an issue for us. that is why there are multiple conflicts in

welcome to "daybreak asia."c markets said to follow wall street higher after-tax led the advance -- after-tax led the advance. second-quarter profit and sales both miss on week on and for smartphones and displays. betty: from bloomberg's global headquarters, i'm kathleen hays in new york, it is just past 8:00 p.m.. a dramatic day, the coming hours bring u.s. payroll numbers and tariffs on china. yvonne: president trump confirms the duties will happen. $34 billion and an extra $16 billion in two weeks. ♪ yvonne: these tariffs just hours away as we count down. the markets still seeing a relief rally. we are focusing on a lot of earnings. breaking news in just the last hour, samsung missing for the second quarter. that xiaomi pricing at $70 per share ahead of its ipo. that is the bottom of its targeted rating. kathleen: if you are an ipo investor, you are probably glad to see all of this doubt coming through on the xiaomi pricing before you buy at a higher price. a lot of people buy and then get burned. it is inter

this is bloomberg. ♪ haidi: this is "daybreak asia." am haidi chad what in sydney -- haidi stroud-watts in sydney. ramy: they signaled more rate hikes. sent a messages that the policy decisions that go with it are definitely not preordained. kathleen hays is here with the recap. for now, the two words so much importance here. kathleen: it was not expected. let's get right to what jay powell said in his prepared testimony, which underscores that this is something he meant to say and these two words apparently were there for a reason. let's listen. >> it may well be -- we do not see it in the numbers yet -- but we have heard a rising chorus of concern which speaks of actual plans being put on ice. kathleen: that was a very interesting exchange he had. how he was talking about the economy looks, jobs are strong, inflation near target, and he said the appropriate path of policy, for now, is more gradual rate hikes. this is not something he said in the past. why would people put important on that? because some people thought he was on autopi

welcome to "daybreak asia." the top stories this tuesday, asia-pacific stocks said to recoup from his office after wall street reversed earlier declines. tech strength topping the trade fears. commodities saw their biggest -- silver fell 2%. gold also down. ramy: from bloomberg's global headquarters, i am ramy inocencio in new york. president trump turns up the heat again, saying the wto treats america unfairly and must change. the superstar quits nike after 24 years in a deal reportedly worth $300 million. all right. good morning, yvonne, and to our asia-pacific viewers. it has been a really interesting trading day in the united states has restarted started firmly in the red off of all the trade tensions, trade fears. the stocks were down. msci asia-pacific also down. we thought it would be a negative day, but it was a session high. fangs really lifted the boards. to the rescue once again. when it comes to asia, we saw pretty's deep losses -- pretty steep losses. ramy: let's go ahead and flip up the boards to s

this is daybreak asia. ramy: good friday to you. i'm ramy inocencio. over the next hour, we will be looking at the action on wall street and how it will play into the asia-pacific trading day. the fact that china decided not to release quantitative measures in terms of retaliation meant that lulled investors and push them into the market. let's take a look at how markets closed on the trade. they ended surprisingly in the green. the dow was up .9%. the s&p 500, as i mentioned earlier, was at its highest since february 1 with that increase but the nasdaq, 1.4% rebound. that's a record high, also the biggest jump since june 1. let's open up the boards and take a look at commodities. just a fraction of a percent down. we did see a spike of .7% yesterday off the release of the new round of tariffs. the commodity index fell, rebound of .7%. new york crude along the flatline. 2.85%. year unchanged at vibesa lot of good spreading into the asia-pacific. we have been here before. a low and the trade war. -- a lull in the trade war. we are off to a strong start,

haidi: there is plenty more to come on daybreak asia.his is bloomberg. ♪ this is bloomberg. ♪ haidi: a quick check of the latest business flash headlines. boeing has announced another megadeal. a $12.7 billion order. morearrier is taking airplanes, the biggest operator. says it will allow them to expand their network at home. the deal includes training and technical assistance in vietnam. ramy: new york city has approved a new law forcing airbnb to share the names and addresses of offering accommodation. it builds on existing rules banning short-term rentals. violateays it willl host privacy. this is bloomberg. ♪ s is bloomberg. ♪ haidi: it is 9:30 a.m. in sydney. 30 minutes away from the first major market open. modest gains as asia wakes up for trading. trading in wall street dominated by financials, morgan stanley earnings blowing it out of the water. haidi lun here in sydney. ramy: it is 7:30 p.m. in new york. markets closed up 0.2%. the highest seen since february. we did get a jump, thanks to earnings coming out of the financials.

yvonne: you're watching "daybreak: asia" and let's get to first word news. on purchase, the economic expansion remains solid. will buyghi says he the equivalent of any $5 billion of assets a month until the end of september, reduce it by half of october and stop purchases at the end of the year. he has pledged to keep interest rates unchanged through the middle of 2019. notably related to the global trade environment. it will remain permanent. the information available aims -- indicates the economy is proceeding along a solid and read based growth path. 19% onbook plunged thursday after months of scandals finally hit growth. chairs had previously seemed immune to fears criticism of the content policies. since the changing roles on ads. tank i spoke missed sales and wiped away more than $120 billion of target cap. saudi aramco considering tapping the international bond market or the first time. intoe told such a move anble capital could offer alternative to aramco's delayed ipo if it goes ahead, it would force the world's largest oil producer two to close acc

this is "bloomberg daybreak: asia."ve announced a groundbreaking deal for the biggest name electric vehicles to build cars in china. however, analysts are already asking how the land will be funded. his comes at the white house announced new tariffs and sales of cars seem to dip in china. let's bring in our chief north asia correspondent, stephen engle. thing that will talk about these ambitious targets but also the price tag. stephen: this could cause up to $5 billion. tesla has been burning through a lot of cash back home and ramping up capacity for the model three and all those other problems. billion could be needed in an external funds and also debt refinancing until 2020 to handle all these ambitious plans for tesla. muskw, we knew that elon wanted to and kind of had to go into china. for the last year they been trying to work this deal. they signed a memorandum of understanding with china in shanghai for the new factory that could have cars rolling off it in a couple of years, in heating the capacity target of 50

daybreak asia is next. this is bloomberg. ♪ yvonne: 7 a.m. here in hong kong.e man and welcome to "daybreak: asia" amazon asia's some of the -- amazon eases some of the faang. facebook took a eating. month of scandal. one of $20 billion wiped away. ramy: from bloomberg's global headquarters, i'm ramy inocencio. the u.s. and china clash at the wto and washington threatens sanctions on nato ally

welcome to "daybreak asia." stories this tuesday, asia-pacific stocks said to recoup from his office after wall street reversed earlier declines. tech strength topping the trade fears. commodities saw their biggest -- silver fell 2%. gold also down. ramy: from bloomberg's global headquarters, i am ramy inocencio in new york. president trump turns up the heat again, saying the wto treats america unfairly and must change.

asia. that is just about it for "daybreak: australia." " is next. s is bloomberg. ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. yvonne: we are live from bloomberg asian headquarters. welcome to "daybreak: asia" top stories this thursday, trade on the hold. averting and ugly transatlantic spat. both sides say negotiations go on. s&pets, like the news, the pushing higher. expect to extend gains. globalrom bloomberg's headquarters, it is just past 7 p.m. on wednesday. tech making headlines. his book tumbles in late trade as user unhappiness about data safety is revealed in missed results.

welcome to daybreak asia. ing a mixed start and stop entering the second half. oil is following -- falling and the euro is under pressure. investors are looking forward to friday for tariffs and the latest payroll numbers. ramy: i'm ramy inocencio in new york, past 7:00 p.m. on sunday. says it has now become a real car company. mexico shakes up the system with the first is eventual victory in decades for the left.

welcome to "daybreak asia."-pacific markets to open higher after financials gave wall street a lift. a lot of attention turning to the bond market. google's parent may give tech a boost. improving at business. -- ad business. kathleen: i am kathleen hays in new york. pushed the u.s. has been around for too long. china rejects the president's

that is a bit -- more action next on daybreak asia.haida: welcome to "daybreak: asia." a mixed start to the week. tensions threatening the global economy. steve mnuchin sees no chance of a currency board. it is just past 7:00 p.m. on this sunday. raising the heat on china raising tariffs on imported could -- goods. shinzo abe says the u.s. should saysn the tpp and

all of the action next in daybreak asia.berg. ♪ bloomberg. ♪ phones have made our lives effortless. streaming "must see tv" has never been easier. paying for things is a breeze. and getting into new places is even simpler. with xfinity mobile saving money is effortless too. it's the only network that combines america's largest most reliable 4g lte with the most wifi hotspots and it can be included with xfinity internet. which could save you hundreds of dollars a year. it's a new kind of network designed to save you money. click, call or visit a store today. yvonne: here in hong kong, we are live from the asian headquarters. welcome to "daybreak: asia." president trump heads for helsinki as he bashes allies again. he will be meeting president clinton after also attacking the u.k..any and observers ramy: observers wonder what is next. -- observers wonder what is next. ramy: beijing says

haidi: welcome to daybreak asia. stocks are set to slide. trump attacks the fed. the u.n. remains at a 12 month low as investors weigh china's monetary policy in the face of a slowing growth. and i am in new york where it is just past seven p.m. on thursday. the auto industry fights back. jobs atld put american risk. the semiconductor trims

welcome to daybreak asia. the yen climbed as president trump prepares new tariffs on china. on $200 billion of products. beijing has already vowed to retaliate dollar for dollar. critics say the escalating trade were could threaten global growth. ramy: from bloomberg's global headquarters, i'm ramy inocencio in new york, where it is just past 7:00 p.m. singapore's investment giant is turning cautious after years of spending. thomas it sees global growth slowing down. renewed tension in nato. washington says membersh

welcome to "daybreak asia."ries this tuesday, asian-pacific stocks set to extend gains after wall street hit its highest in a month. the dollar rose while treasuries fell back. earnings season will divert attention from tariffs. bloomberg's global headquarters, i am ramy inocencio in new york, where it is past 7:00 p.m. on a monday. theresa may fights for her political life. that is while eurosceptic tories quit her government. the pound the client on fears of a confidence vote. primeira liga

welcome to "daybreak asia." sday, asia-pacific markets looks set for a lower open after tech let most u.s. stocks down. netflix, one of the big losers on wall street to my shares plunging after the bell as earnings and sales growth missed expectations. ramy: from bloomberg's global headquarters, i am ramy inocencio in new york, where it is just past 7:00 p.m. on monday. blackrock's larry fink says tariffs may hurt the u.s. economy. imf is warning about the

daybreak asia is up next. let's take a look at what we have coming up.e big story in the trade tensions between the u.s. and china. the list that the u.s. has come out with on $200 billion worth of chinese goods. professorking with a of economics at the chinese university of hong kong. we will talk more about what is it stake here. china maythat retaliate on some countermeasures but it is not going to be seen as an escalation of the trade frictions. also he's is the most likely notome is perhaps it will do a whole lot when it comes to trade deficits. this is just going to force them to work with other partners like vietnam and bangladesh. to get their imports from. >> in addition, we're going to talk to chris zack rally. will see about market reaction in the winners and losers. we will look at what he is interested in buying as well. semiconductors, the biotech space, what will he be avoiding as well. >> we are circling back to the broader theme of trade wars and brexit and other risks as well. we will be joined -- ♪ yvonne: it is 7:00 a.m. in hong kong.

welcome to "daybreak asia." monday,ies this asian-pacific markets are set for a decline.k of japan. earnings are making results. they show the current strength of the system. from bloomberg's global headquarters, i am ramy inocencio in new york where it is past 7:00 p.m. on sunday. team trump comes out swinging. a predict years of economic growth.

welcome to "daybreak: asia." markets with the fourth of july holiday. some tensions saying it will not fire the first care of shot -- tariff shot. ramy: it is just past 7:00 on wednesday. cartel is driving oil higher and prices must come down in nearly.

haidi: welcome to daybreak asia.ries, asia-pacific markets are set to rise after renewed optimism. apple, among the winners. demand for iphones remains strong. services are also paying off. globalrom bloomberg's headquarters, iming new york. it is just past 7:00 p.m. on tuesday. by do is seeing a bounce after hours. it beat estimates last quarter as its personalized news service helps sustain growth. it is time to talk, or is

welcome to "daybreak asia."es point to a weaker open after tech the retreat in new york. the nasdaq saw its biggest loss since march. netflix really leading the way as the mega cap stumbled 3%. the groups lost 9% since facebook reported. ra

bloomberg daybreak: asia new a critic in been new york.ogist mark warner, look for that it 8:30 a.m. new york time. stay with us. this is bloomberg. ♪ nejra: the rise in populism over the last few years has swept across the globe, events like the election of trump and brexit being key barometers. this is a look at how does can stand has affected economics and reality. tom lent me the book briefly. i know he is happy to share it with me. you do not get more zeitgeist than this. we are really excited to talk to about it. charles: it's not just inequality, it's lack of income growth. inequality is a big american thing. if you look at american incomes the top fifth,ll it's relative to where we were at the turn of the century. up, the second fifth is 4% up. is a percentfth down. 60% of thely, households have not had a pay raise the century. in fact, a lot of them are worse off. tom: this is airplane ready. it's gorgeous, a lot of history in it. you go back to the luddites in the fear of technology. the technology is evil, is technology evil and

daybreak. and the asia times is also leading on the story gripping thailand, and the rest of asia and indeed thes are also preparing for the arrival of the other eight boys and their coach. let's remind you now of the main news — four of the boys trapped in a flooded cave in northern thailand for more than two weeks have been rescued. the mission to save the rest of their football team has been paused overnight. a major operation involving international divers and elite members of the thai navy began at 10am local time, to bring the boys safely through the 4 kilometre passage. they were collected by ambulances and then flown to hospital in chiang rai. the rescue effort is due to resume on monday. the risks are still considerable. heavy rain has been falling overnight in thang laung where the cave is located. we'll bring you all the latest here on bbc world. thank you for your company. the midsummer heatwave continues, another hot and sunny day, many parts of the country seeing temperatures above 30 degrees. here you can see some fair weather cloud that's been bubbling up. a fair bit of cloud thi

on australian trade minister daybreak asia at 7:50 a.m. hong kong time.ou first word news with paul allen. >> former malaysian prime minister najib charged with criminal breach of trust. is in the administrative court in the capital after his arrest tuesday night. $7 billion went missing from the fund under his administration. he denies any wrongdoing. china says premier li ka-shing presents a good chance for good cooperation on trade. beijing and brussels need to deepen their consensus on rules-based multilateral trade and called for cooperation and technology, agricultural, and finance. li ka-shing will visit bulgaria in germany for governmental meetings. cryptoas blocked currencies as the supreme court refused to overturn the ban on banks dealing in digital tokens. the central bank told judges that the coin and other cryptocurrencies cannot be treated as currency under existing law. it says coins must be made of metal or existing physical form and the stamped by the government. england will face sweden and the world cup quarterfinals after eliminating

this is bloomberg "daybreak europe." the asiaacific fairly flat dealing with earnings news and the latest on the trade story. let's get to business flash with juliette saly in sydney. juliette: ebay tumbled in late trade after trimming its annual revenue forecast signaling a loss of momentum. the reduced revenue prediction on top of last month's sales revived concerns it is struggling to find its place in the shadow of amazon. it is also facing regular competition from brick-and-mortar stores which are improving their own digital shopping options. express fell in late trading even after saying it still expects to boost profits this year. the credit card lender said revenue will increase more than expected, but full-year and earnings still be at the high end of the previously forecasted range. hna travel has dropped by the 10% daily limit in shenzhen trading after it became the second unit of the indebted chinese conglomerate to resume trading this week. the unit cited major restructuring, analysts have pointed out there may be ot

asia. daybreak middle east is coming up next. this is bloomberg. ♪ retail.and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. >> the following is a paid program. the opinions and views respect -- presented do not represent the affiliates or employees. >> the following paid presentation is brought to you by dr. ho. do you suffer back pain? tension in your shoulders? arm pain? pain in your legs? pain can affect how you work, play, relax, and how will you sleep. the physical pain is horrible, in the emotional pain can be worse. you are about to discover a breakthrough in pain relief technology. introducing the dr. ho payment system pro, a revolutionary approach to pain relief. it provides instant, temporary relief for your aches

daybreak: europe. anna: these are today's top stories. manus: stocks across asia get a boost from the u.s.man againstlks about going protectionism. he says the fed will continue to hike gradually for now. president trump goes back against his denial in helsinki. is his about-face enough to counter the backlash within his party? may's victory. the prime minister wins a post-brexit by a six vote margin. dollar.low against the ♪ anna: 7:00 in london. manus with me. breaking news. let's get to the banking story this morning in europe. we have the ongoing investigation. result, net profits of 9.1 billion danish krone looking to be be low the estimate -- be below the estimate of 9.4 billion. the 2018 thatg will be at the lower end of the 18-20 billion range. look for downside movements. we have allegations against k, a year and a half worth of investigations by a newspaper about the role of the bank in estonia and the weight the move -- the way the money moves from russia to western europe. hiring a chief compliance officer to get out in front of this and a point someone new -- appoint someone n

asia. we will see you all tomorrow. "daybreaking up next. ♪ do not reflect bloomberg, its affiliates or its employees. >> the following is a paid program for traeger woodfire grills, sponsored by traeger. be warned. it contains footage of the luscious food meat, desserts. you may find your stomach growling, your mouth watering, or that you have an uncontrollable urge to order your own traeger woodfire grill. ♪ announcer: what is traegering? traeger is this, that, and

asia." up next is " bloomberg daybreak middle east." y position for asia running into the lunch break. we are looking at hang seng, which is down .2%. chinese composite up by half a percent. this is bloomberg. ♪ >> the following is a paid program. >> if you are one of the millions of americans who suffer from muscle cramps in your legs and feet, relief is finally in sight. 10 a -- today, i'm here to share news. it is called sarahworks -- the e aworks relief.

it is past 8:00 this is daybreak australia, 12 hours -- a few hours from the opening of asia's major markets. ramy: i'm ramy inocencio. to the viewersng across the asia-pacific. looking back where we were over the past 48 hours, we got great non-form -- nonfarm payrolls. the bigger issue here is donald trump really did go ahead to clinch those $34 billion in tariffs on china. he is saying another $16 billion could come through. all told, $550 billion. those are big numbers that investors will be wondering on how this might impact them. haidi: the psychology of the market reaction is interesting. you had a session of gains, the tech sector dominating. asian stocks bouncing off the lows, but i like this quote from j.p. morgan saying the whole traits verio is like chronic back pain. you might forget about it for a while but sooner or later it will come back, and investors will be reminded of the situation at hand. ramy: let's get a quick reminder of the markets. the back pain wasn't so painful if you see the close on friday. look at the dow, up .4%. the s&p was up nearly .9%. on the wee

daybreak: europe." over singapore, 1:18 in the afternoon, heading towards the weekend. msci asia-pacific up 0.2%.hat is a bit of a turnaround. pretty flat at the top of the hour. fascinating stories with regards to currency markets in particular. let's get a bloomberg business flash for you. juliette saly is in sydney. juliette: thank you. microsoft earnings report and forecast, it provided further evidence that the company can increase cloud sales and squeeze more profit while cutting into amazon's massive lead. profit and revenue to the end of last month exceeded analyst estimates, as did projections for cloud sales in the current quarter. china's struggling hna group have slumped. airlines is flying toward its lowest close in three years. group's extended declines after they resumed trading this week. three hna units remain halted. recover $3.5cts to billion of funds potentially lost through 1mdb. in an exclusive interview with bloomberg, the finance minister discussed efforts to find the estimated $12.3 billion siphoned from the troubled state fund. probably around 10%. perhaps if you are luc