welcome to "daybreak: asia." paul: our top stories this hour, asian stocks are facing a muted start. apple downgraded. chipmakers will be in the spotlight later. the japan and korea spat rambling on. they may be forced to retaliate. -- the latest plan fails to impress. started withget us a quick check of the markets. health care tech are some of the biggest decliners. individual movers like apple being downgraded. falling after they cut their outlook. we have lingering effects from the data that we saw last week. had one sector that gained ground, the energy sector. also rising with geopolitical tensions. up's see how we are shaping for the markets. sophie: this tuesday, kiwi stocks are up about .4%. this after monday's broad selloff from a two month high from mumbai to shanghai. drop since may. likely crossing their fingers that they can resolve the trade spat. in sydney might rebound a .ouch with commodity moves oil is under pressure. rising volatility. we are watching the jump in iron or prices. , we have the

plenty more to come on daybreak asia. this is bloomberg. this is daybreak: asia. and in paul allen in sydney. i am shery ahn in new york. the stage is set for the second round of primary debates, it is a mashup of progressive senators bernie sanders and elizabeth warren are analyst is in detroit. kevin, will the gloves come off? for the gloves come off? >> know they not going to come off. but it is really the place for a crowded democratic field, including elizabeth warren and bernie sanders. they will be standing side-by-side next to each other. i'm told they will not fight each other but rather uses as an opportunity to individually make their case. i also have my eye on a couple of other candidates on the state, including a centrist candidate, senator amy klobuchar, a democrat from minnesota. how will she differentiate herself? on issues like medicare for all, reining in wall street regulations, and environmental protection. look for south bend mayor pete buttigieg he has to have a breakout moment. remember he had struggle with criticism for how he dealt with a

this is bloomberg. ♪ shery: this is "daybreak asia." ul: to of asia's biggest central banks meeting in mid circumstances that could argue for a rate cut now, but neither are expected to move into the federal reserve shows its hand at the end of the month. our global policies editor is here with a look of the bank of korea, the bank of indonesia, and at the debate at the fed. if there is a strong case for cuts in korea and indonesia, why wait? >> it will be important to central banks around the world to find out if it will start on a rate cutting path in the middle of july. let's start with the bank of south korea, they are expected to cut their rate, but not now. they have inflation below 1% for six months. start with the exports. since december of last year, nothing but red when you look at exports year-over-year. that could potentially be worse because of the spat between south korea and japan. the next chart, south korea cutting inflation -- there inflation forecast because it has been so far below 1%, it must acknowledge that it is g

-- jessica: this is daybreak asia.ending more signals that it will cut rates this month. two top officials calling for action sooner rather than later. the new york president and fed vice chairman said policymakers must not wait until it's too late. the fed is expected to cut rates by 25 basis points at the end of the month but opinion is divided with some calls for a 50 point reduction and others for no credit all. at all. bank indonesia cut its key rate for the first time in almost two years. it said there's more to come as it moves to support southeast asia's biggest economy. the seven-day reverse purchase rate was lowered by 25 basis point. that's in line with most forecasts in a bloomberg survey. it came hours after a similar move from south korea and ahead of the fed decision at the end of the month. warned it willng face rigorous assessment of regulations before financial firms will be able to do business with the eu in the event of brexit. the european commission will lay out its view of the so-called equivalen

welcome to "daybreak asia." paul: our top stories this friday, mario draghi sends his longest stimulus signal yet. amazon may not deliver. short ofre expectations amid concerns of more big spending. more bumps in the road for nissan. planned job losses after profits fell 99%. shery: let's get you started with a quick check on how markets closed in thursday's session in the u.s. the dow falling to the lowest level in two weeks. tesla and for taking a hit on weak results and earnings. the nasdaq falling the most in a month. has stellar earnings, but because of the ftc probe, market sentiment was not too positive stock. we have the s&p 500 losing .5%. investors did not like the president of the ecb. was not as dovish as they expected and that weight on sentiment as well. u.s. futures at the moment unchanged. let's see how things are shaping up in asia. sophie: we are setting up for a risk-off session. kiwi shares resuming losses. cost they could come under pressure. earnings in focus. in southing's data korea slidi

that is it from "bloomberg daybreak: asia."ues as we look ahead to the start of trading. bloombergdby for markets, the china open. this is bloomberg. ♪ changed? has humor our people laughing at the same things or are there certain things you can make fun of no? lorne: there is nothing i did in the 1970's i could do now. david: are you ever worried there is a guest post not up to the task? how do you coach them to be ready? lorne: you can get almost anyone through it. david: what does it take to be a leader? lorne: if you are in power, everyone knows, so you don't have to explain. >> would you fix your tie, please? david: people wouldn't recognize me, but ok. just leave it this way? all right.

"daybreak asia." >> our top stories, asian markets look set to rise after wall street reached new highs. futures pointing to gains. trade remains in the headlines. talks with china. trade remains the number one issue for business. the cleveland fed president gives us her view on investment plans. >> breaking news out of south korea. we are getting the surplus number four may coming in. $5.39 billion. tradet comes to the goods surplus. this coming after the first deficit in seven years. bok has said there could be a rebound following those numbers. good trades, five $.39 billion in may. run ofan -- a long surpluses, a key factor for a country maintaining a strong and steady rating. we have seen with exports continuing to decline, seven months of the kleins for south korea. the surplus went into deficit in the month of april. it has recovered. how are we looking? gold is slipping along with oil. commodity prices holding. could be set today. we have futures higher in seoul and tokyo. more export restrict

shery: this is daybreak asia. paul: this is daybreak asia.out of singapore. we are seeing no dekes numbers for the month of june. the mastec exports year on year continue attracting 17.3%. that's a most double the rate that was expected. it's also a big drop from the previous month when we saw a drop of about 16%. when it comes to the seasonally adjusted quarter on quarter numbers, we are seeing a contraction of 7.6% which is almost double the rate that was expected. singapore, being a very export oriented economy, is the canary in the coal mine. these numbers don't bode well for the trade environment. electronic exports year on year, 331.9%, a bigger drop than expected. same size of declines that we saw in the previous month. we continue to see the semi conductors industry reeling. we have seen the singapore economy now contracting in the second quarter by more than 3% from the previous quarter. a drop wheneen such it comes to these export numbers since the global financial crisis, six years ago. we are looking at no backs exports decreasing

welcome to "daybreak asia." paul: our top stories this tuesday, asian talks looks at for a mixed -- looks at for a mixed -- look set for a mixed start. banks begin reporting results. investors and say it is a low-quality success. talking trade again. to u.s. team may have beijing for new face-to-face negotiations if talks go well this week. shery: let's get you started with a quick check up on how markets closed on mondays session in the u.s. ending slightly higher at record highs. we had a tech rally in the nasdaq gained .2%. energy sector and financial sector weighing on the s&p 500, but aboved unchanged the 3000 level. we had citigroup of course reporting earnings. they're treating revenue -- their trading revenue missing estimates. every member was under pressure in the session. japan returning from a long weekend. what is the setup? sophie: nikkei futures in whileo trading flat contracts are falling in sydney and seoul. gains, withresuming the nzx 50 attempting to breach the level again. the kiwi dollar is

marta, on daybreak asia. this is bloomberg. ♪ shery: this is daybreak asia. york. paul: and i am paul allen and sydney. samsung has secured emergency supplies of three key components cut off by japan's export restrictions. joining us now is our asia technology reporter. how is samsung preparing for the impact of these japan curbs? vicemsung electronics chairman lady convened an emergency meeting over the weekend after his visit -- to japan. after the meeting he shared the outcome of his japan trip and ordered the management to come up with contingency plans. it was also reported that samsung has secured emergency supplies of the three key materials that could help preventing a grave and factoring deadlock. so, do we know where these components are going to be coming from. what are the indications for the global supply chain? -- implications for the global supply chain? >> samsung has been dependent on key materials important to produce semiconductors and displays. so we do not know how much samsung secured for emergency supplies yet. but samsung could be able

shery: welcome to daybreak asia. paul: our top stories this wednesday, treading water. n markets on paz ahead of the fed chief's testimony. desperate, the trade war threatens the existence of chinese factories. we hear from the world's top supplier for consumer goods. shery: more than a club, fc barcelona plans to create the silicon valley of sports. we will look at conditions off the pitch. let's get to a check of the markets. and japan are coming online. the nikkei is down .2 of 1%. this is by the fact that we are seeing the japanese yen under more pressure against the u.s. dollar. now trading at a five-week low. we have some ppi numbers, disappointing earlier today. we are an eye on the japanese yen and equity markets. ahead of the fed chair jerome powell speaking and congress this week. ise a look at how the kospi trading, up .6 of 1%. -- the kospi up .5 of 1% despite the fact futures were under pressure. tworeversing two this -- sessions of gains. the korean won at 1182. paul: let's check in on things in this part of the world. .e have the asx running currently high

welcome to daybreak asia.ries, washington ramps up pressure on the administration proposing additional tariffs on $2 billion. oil enjoyed a lift as opec extends the curbs into next year, however there is concern weakening demand around the world. shery: hong kong protest take a violent turn. police fired tear gas and pepper stray at the government condemned vandalism. started with a quick check of the markets. we are starting trading in japan and south korea. we are seeing a mixed picture. you take a look at the nikkei. there is pressure as we see the japanese strengthening for the first time in four sessions. still holding at a low level of 108.37. this has a lot to do what is happening with the trade front. the u.s. was considering adding more tariffs to $4 billion of e.u. goods. take a look at korean stocks falling 0.5%. this after a big rally selling the previous engine. we heard trade tensions were easing between china and the u.s., not to mention huawei suppliers like samsung and sk hynix. june consumer

welcome to "daybreak: asia." stories this tuesday, trade talks resume after two month break. to be in shorts supply. the boj launches a big week for central banks. it's decision may rest on how policymakers -- policymakers see the fed later on. shery: and huawei reports a slow market for smartphones, it will -- the, korea and australia coming online. coming at a time when we've seen a surprise election victory by incumbent scott morrison and the rba turning more dovish. thenikkei of .4% as japanese yen near its weakest level in almost three weeks. we had some disappointing i.t. numbers earlier but coming ahead of the boj decision later today, the policy is expected to stay unchanged. kospi futures of .3% and we are expecting more movement coming from the korean won after that big gain in the previous session. let's check in on the first word news. >> president trump has won his on a block on arms sales to saudi arabia. muster theailed to majority needed to quash the bill on capitol hill, despite aiding the suppor

this is bloomberg. ♪ paul: this is "daybreak: asia." to dominate the economic calendar in asia. and thursday a firm from south korea will report the first reading of gdp. it is inflation in singapore and malaysia and focus. always great to have you with us. let's talk about this inflation numbers coming up and the inflation trend in the water economy. the key question in this race toward lower rates by central banks is whether inflation will be good enough for central banks to keep cutting rates as the fed moves to cut. what are you saying? >> if inflation is a hurdle for central banks in southeast asia, asia in general to cut then it is not going to be one. we have malaysian inflation coming up and there will be a significant to cap. most of it is a statistical reason because of the base. the growth in malaysia is weaker and even if it were to pick up from nonexistent inflationary pressure it will rise roughly two hello 2%. angapore will tell you similar story and across asia even in the philippines and indonesia where inflation is hig

this is bloomberg. ♪ this is "daybreak: asia." faced criticism in the senate over allegations they let boeing call the shots and approving the 737 max > -- 737 max. there are citations of >> oversight as the engine was developed -- lacks oversight as the plane was developed. there will be an external review of the systems. paul: turkish airlines is said to be interested in acquiring a minority stake in version australia. it is in its early stages and may not result in a deal. hna has been open to offers in its 20% stake for almost a year. the conglomerate is selling assets after racking up one of the country's biggest corporate debt lows following an acquisition spree. company's one to a loss in the first half and slashed its sales forecast by more than 10%. the news scared investors with shares tumbling by more than half in the past week, prompting speculation about aston martin raising more funds were becoming a takeover target. next, south korea's economic growth continues with the latest data painting another gram picture in j

looking to "daybreak asia." "daybreak asia." to resumealks set next week. face to face readings will be the first direct negotiations since may. clouds gather. and boris johnson heads to downing street. must avoid a damaging no deal divorce at all costs. check ofget a quick the markets. we saw the s&p 500 topping 3000, gaining the most in more than a week. earnings from the morning session. ofults out of the likes coca-cola, united technologies, not to mention lockheed martin beating expectations. we got news u.s. negotiators were headed to china for the first face-to-face negotiations since may. u.s. futures under pressure, down 0.1%. taking a hit after hours after reports they would be facing more antitrust scrutiny. let's see how we are shaping up in asia. pointing to a mixed start as investors consider the warning on global growth with china receiving a global downgrade. even as we have optimism around the u.s. china trade talks. the boj expected to downgrade some projections as well as lower inflation forecasts. pmi datapanese flash and earning seasons

plenty more to come on "daybreak asia."is bloomberg. ♪ paul: china's onshore bond market saw some respite, but mounting risks to the economy mean it may not last much longer. tom mackenzie has the story in beijing. is this the calm before the storm for chinese bondholders? tom: quite possibly. in the first two quarters of the year come on shorty ports actually slid. we had a record year of defaults in 2018. particularly in the early starts come on the early part of this year, defaults really fell. the month of may, you had one new defaulter. in june, things started to change. you saw a tick up in those. thisreally coincided with weaker manufacturing pmi data that we saw come through here in china, and you saw as well correspondingly in the month of june the spreads between aaa rated corporate bonds and aa rated corporate bonds really spike in june as well. the funding environment became much more difficult as the economy started to slow and it became clear to investors that some of the measures the government put in place t

plenty more ahead on "daybreak asia." this is bloomberg. ♪ asia." am paul allen in sydney. shery: and i am shery ahn in new york. this company is taking a hit from the japan-south korea trade dispute. the company's earnings missed estimates in part due to the tensions. but the cfo says the impact will be short-term. let's get the details from burke japan and korea editor that from our bloomberg japan and korea editor. how does the company characterize this dispute? >> basically, he said the impact on that they were seeing some impact from the dispute, but that it was likely to be short-term and that they remain committed to the korean market. he was repeatedly asked what he thought about the dispute but unsurprisingly, he refrained from commenting further on the dispute itself, given that it is a government to government issue. paul: we are seeing a corporate impact on other sectors as well? kazunori: aside from the companies directly involved in production and the receiving end , the impact has been limited so far. very close to nothing so far. the

plenty more to come on "daybreak: asia." this is bloomberg. ♪ ritika: this is "daybreak: asia."e the next eu commission president hopes the u.k. will stay in the block after all. if it does happen, it must be on the best possible terms. she said the u.k. should be allowed to delay the data again if necessary, adding the economic and political consequences of a no deal divorce would be catastrophic for all sides. the trump administration has been rebuffed in its attempt to put pressure on iran. the meeting of the international atomic energy agency is how the eu, russia, and china pushed back at washington, blaming the u.s. president trump warned of new sanctions against iran, claiming the islamic republic has been enriching uranium for some time. the u.s. is said to investigate the tax on big tech, which can mean the u.s. imposing retaliatory tariffs. robert lighthizer will have a year to decide if the levy would hurt u.s. firms and outline any tariff reaction. the u.s. has lobbied to stop eu nations tacking the revenue of companies such as facebook and google. the ambassador to

welcome to "daybreak asia."ries, asian markets look set for modest declines over doubts over the pace of rate cuts and renewed warnings about global growth. president trump prepares to nominate new members of the fed board. they both support lower rates. shery: from washington to frankfurt. with the for the ecb euro zone slowing and in need of fresh stimulus. let's get right to the market action with sophie. sophie: over in tokyo stocks are on the retreat. the nikkei 225 down .3%. we are keeping and i on auto stocks on the back of that drop. yields onyear treasury's looking steady this morning after a move to the low 2% we saw overnight. jt be is in focus. traders will be looking to the first buying of the month. -- kospinder pressure under pressure this morning. government'se second-half economic forecast. outlooks looking shaky. looking at the asx 200 this morning. just a little change. bond yields are continuing to nudge lower. two year slipping below 1%. as they rate cuts even signaled a pause and easing. st

welcome to "daybreak asia."tories this friday, mario draghi sends his longest stimulus signal yet. amazon may not deliver. short ofre expectations amid concerns of morepe

welcome to "daybreak: asia." paul: our top stories this monday, trade talks get back on track this week but there is little hope of a breakthrough in shanghai. neither side seems ready to compromise. teargas and arrest in hong kong's eight -- eighth weekend of protest. an official response. markets prepare for the first fed rate cuts and a decade. a busy week also brings policy decisions from tokyo and london. shery: let's get you started with a check of the markets closed. the session in the u.s., the s&p 500 and the nasdaq closed at record highs. the biggest jump in three weeks for the s&p 500. the biggest in five for the nasdaq. we have twitter and alphabet leading a tech rally on positive results. gains coming from stronger than expected second-quarter gdp numbers. we will see a rate cut by the fed this week. a very busy week for earnings in the u.s. we are expecting more than 160 companies to report. u.s. futures unchanged. let's see how we are setting up for asia. after a bright start, we have seen new zeal

welcome to "daybreak asia." paul: our top stories this friday, cannot wait to cut. suggest policymakers are ready to move at the end of the month. a 14% droqu

looking to "daybreak asia." "daybreak asia." to resumealks set next week.readings will be the first direct negotiations since may.

asia."is is "daybreak i am paul allen in sydney.hery: my answer ran in new york to we have seen president trump continuing his criticism of the fed as well of the unexpected firing of the turkish central bank governor. us is medley global advisors managing director ben emons. ben, so we continue to see these expectations, the central bank independence or the heyday of this independence is behind us. what does this mean for investors? ben: hi, shery. i think it means in some parts of the world, like in turkey, they can expect a lot of volatility of turkish assets an higher volatility. the lira weakness dissipates only rate cuts have an adverse effect, you have higher inflation. within the developed world, it is a bit of a different story. most of the inflation as well below the target, and they have loser financial conditions. theirt case, even though escorts of them, now there is concern about the independent sa the federal reserve and the ecb, but that saidy,, if central bank's are politicaltiny of the spectrum as well as the publi

tom: this is daybreak asia.'s new nasdaq star board debuts a year after presenting changing being discussed at a year ago. the star board is the latest attempt to avoid major companies like alibaba or tencent from listing abroad. 25 firms will begin trading later monday. the board is a testing ground for regulators who have eased rules on valuations and first-day price limit. the japanese prime minister has claimed victory in the upper house elections but is short of the so-called super majority that would allow him to push through a revised constitution. got at least party 69 out of 124 seats on offer, onping prime minister abe course to be the longest-serving leader but is short of the majority needed to send constitutional changes to referendum. british airways is continuing to hold flights -- halt flights to cairo as part of a warning about aviation in egypt. the carrier said it has reviewed security arrangements and will never operate a flight unless it is safe. lufthansa also suspended flights but has resu

welcome to daybreak asia. ♪ our top stories this tuesday. resume after a two-month break and compromise seems to be in short supply. big week for is a central banks. -- launches

"daybreak asia" is up next. ♪ we're the slowskys.rip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party... uh, didn't that happen, like, 20 years ago? oh, look, karolyn, we've got a mathematician on our hands! check it out! now you can schedule a callback or reschedule an appointment, even on nights and weekends. today's xfinity service. simple. easy. awesome. i'd rather not. >> good morning. we are in sydney, one hour away from the australian open. >> good evening from new york, i'm shery ahn. >> and we are in hong kong. welcome to daybreak asia. >> our top stories this thursday, wall street falls as investors face mixed corporate earnings. the leading barometer of growth dropping sharply. netflix is the villain as the script takes an unexpected turn and shares

plenty more ahead on "daybreak asia." bloomberg. ♪ paul: sophie: i'm sophie kamaruddin in hong kong. welcome to "bloomberg daybreak: asia." ♪ paul: our top stories, the fed says today's rate cut does not mean the start of a new easing cycle. traded talks go back on hold until september

sophie: welcome to "daybreak asia." paul: our top stories, got down to a cut.ady to lower rates for the first time in a decade as the global slowdown overshadows a strong u.s. jobs market. pressure on paris. washington launches an investigation into plans to

welcome to "daybreak: asia."es this monday, trade talks get back on track this week but there is little hope of a breakthrough in shanghai. neither side seems ready to compromise. teargas and arrest in hong kong's eight -- eighth weekend of protest. an official response. markets prepare for the

welcome to "daybreak: asia." stories this hour, asian stocks are facing a muted start. apple downgra

all the action daybreak: asia next. this is bloomberg. ♪ paul: good morning.en in sydney. we are under one hour with from the australian market open. shery: i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: our top stories this tuesday, policy under pressure. the fed looks set for a quarter-point cut next week as its global peers lineup to join the march to ease. silicon valley chief had

taylor: for more on these stories, don't miss daybreak australia and daybreak asia starting at 6:00 p.mhair fed powell speaking in boston. due pepsico earnings are before the bell. romaine: i'll be watching levi strauss reporting earnings. "bloomberg technology" is up next. joe: have a great evening. romaine: this is bloomberg. ♪ we're the slowskys. we like drip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party... uh, didn't that happen, like, 20 years ago? oh, look, karolyn, we've got a mathematician on our hands! check it out! now you can schedule a callback or reschedule an appointment, even on nights and weekends. today's xfinity service. simple. easy. awesome. i'd rather not. ♪ chang in sanily francisco and this is bloomberg technology. growing trade tensions between japan and south korea. we will discuss which companies are getting hit hardest by japan's export restriction. apple downgraded. the fifth celebrating, the most -- the fifth sell

don't miss daybreak australia and daybreak: asia at 6:00 p.m. eastern. the new u.k.inister announced tomorrow with boris johnson and jeremy hunt vying for the top job. >> ubs announcing second-quarter earnings. interesting to see if they will announce any cutbacks. >> in the u.s., texas instruments, visa, snap, chipotle all announcing gains. --uber technology is up next bloomberg technology is up next. this is bloomberg. ♪ ♪ emily: i'm emily chang in san francisco and this is "bloomberg technology." tech giants visit the white house. the trump administration hosts some of the top companies to talk about the ban on huawei. libra pitch tok

taylor: for more on these stories, don't miss daybreak australia and daybreak: asia.erome powell will testify before the house tomorrow on monetary policy and the state of the u.s. economy. joe: the fed will be releasing their minutes from the june meeting. romaine: bloomberg will have live coverage out of sun valley, idaho, starting tomorrow, with interviews with top executives. taylor: that is all for "what'd you miss?" romaine: "bloomberg technology" is next in the u.s.. joe: this is bloomberg. ♪ i don't know why i didn't get screened a long time ago. i kept putting it off... what was i thinking? ok, mr. jones... we're all done. i told you it was easy. with life line screening, getting screened for unknown health conditions is so quick, painless and affordable, you'll wonder why you hadn't done it before. so if you're over age 50, call now and schedule an appointment near you. for just $149- a savings of over 50%- you'll receive a package of five screenings that go beyond your doctor's annual check-up. ultrasound technology looks inside your arteries for plaque tha

for more, domestic daybreak australia and daybreak: asia.w, second-quarter earnings after the bell. taylor: former special counsel robert mueller will testify before the house judiciary and intelligence committees about his probe on interference in the 2016 election. "bloomberg technology" is up next in the u.s.. this is bloomberg. ♪ ♪ emily: i'm emily chang in san francisco and this is "bloomberg technology." big tex under antitrust scrutiny -- big tech under antitrust scrutiny. opening a broad antitrust review. facebookazon, google, all in the crosshairs. softbank looking to launch a second tech fund on top of

check out more on bloomberg daybreak australia and daybreak asia.sident trump renewing his attack on the federal reserve this week declaring a small rate cut is not enough. they are expected to announce a rate cut by a quarter percentage point. , aning us, tom dooley bloomberg opinion columnist and university of oregon professor. much of the market has sort of looked already to july 31 and beyond it. they are looking for 25 basis points on wednesday, maybe even 50. do you think that the fed will sort of meet the market where it wants it to be. >> the economy has actually been doing fairly well this last quarter. of the kind of signs widespread distress we would think of is consistent with a recession. the fed is viewing this as largely an insurance cut, not the beginning of a large-scale easing cycle. caroline: should we hear that tone coming from the leader of the fed on wednesday or do you think jay powell needs a more subtle approach to the market. >> i do think it will have to be a subtle approach, dealing with the communication here. reason wep

for more on these stories, don't miss daybreak australia and daybreak asia.eets in vienna again tomorrow with energy ministers from saudi arabia and russia likely to speak. romaine: automakers report u.s. vehicle sales for june and the second quarter. "bloomberg technology" is up next in the united states. joe: have a great evening. romaine: this is bloomberg. ♪ when 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. try it yourself in any west elm store. or 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 las

welcome to "daybreak asia." paul: our top stories this friday.ts look set for a muted start -- asian markets look set for a muted start. oil slides again and heads for a weekly decline. worries about growth and demand are outweighing the lift from

asia unit raising about $10 billion. caroline: don't miss more on this, daybreak australia and daybreak asia. it seems that the u.s. fight to add to the senses the citizenship question. the supreme court blocked the trump of ministration from adding the question and -- the trump administration from adding the question. also, notably, england lost, the football,on in the 2-1. romaine: drinks on caroline. joe: are we seeing a currency reaction? caroline: just tears. don't miss this tomorrow. u.s. markets close at 1:00 p.m. eastern for the fourth of july holiday. joe: numbers for u.s. jobless claims, trade balance, and ism manufacturing. romaine: our interview with cleveland fed president loretta mester at 6:00 a.m. eastern on bloomberg surveillance. this is bloomberg. ♪ ♪ ♪ emily: -- taylor: i'm taylor riggs, in for emily chang. this is "bloomberg technology." tesla setting a new record for vehicle deliveries. the company stock soaring. we speak with billionaire investor mike nova grath. swihe bit coin price

welcome to daybreak asia. paul: wall street closes at another new high.s advertising and users but adds a new investigation. the ftc

eric gnock fah, the cofounder and coo, spoke with "bloomberg daybreak: asia" in hong kong.n some impact from the long-haul travel. the good thing for a travel company for having a global network is we see travelers shifting their behavior. for example, china, we are seeing them go into southeast asia, especially thailand a lot more. the korea and japan shift, it is becoming more popular. the good thing is we see them moving towards the southeast asia region. for hong kong, we have not seen much of an impact. i think it has been well received in southeast asia and broadly. we're seeing travelers are still coming. shery: that is really interesting. are you seeing any decrease or impact in the number of travelers, if not the flow itself? eric: not exactly. i think travelers are still very keen to go out and explore. partly because asia is still an emerging market. southeast asia is still really scratching the surface when it comes to outbound travel. over 135 million have gone out last year. we are seeing strong momentum, but it is being concentrated more in the regional trave

welcome to "daybreak asia." >> our top stories, asian markets look set to rise after wall street reachedtures pointing to gains. trade remains in the headlines. talks with

daybreak australia. i'm paul allen. shery: i'm shery ahn in new york. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering. entry, 1950's jazz and an -- angry tweet. trade talks begin in shanghai, coming down to the fed rate decision. the president says a small cut will not be enough. april takes off on a forecast that will top expectations. tim cook says he is thrilled to the return to growth. shery: later in bloomberg technology global link, we will break down apple's earnings with bloomberg intelligence. first, a quick check of how the markets closed tuesday's session. another day of losses for u.s. stocks. a mixed bag of corporate earnings. procter & gamble rising on earnings. this coming at a time as the fed starts its meeting. president trump did not help market sentiment when he lashed out at china saying it was ripping off the u.s. late market trading, we did see the sentiment recovery as president trump said he recently spoke to chinese president xi jinping. the s&p 500 fell three chance of 1%. the nasdaq down a quarter of a perc

welcome to "daybreak asia."s monday, china is set to release its trade wounds among gdp, and retail sales will show how much they're are hurting.

. >> this is bloomberg daybreak: asia. daybreak. warning, it is time to buy gold.of korea connection to share of its economy with the 20 16.ate cut since battling japan's export restrictions. the foreign minister tells bloomberg, europe needs to live by its commune minutes -- commitments from the nuclear deal. just don't get security by paying for it. you must invest. europeans need to take the necessary action. basically states has in my view shot itself in the foot by withdrawing from this agreement. >> ups and downs. the earnings outlook for the second time this year. a different story over at s.a.p.. a $10 billion bet on the cloud facing headwinds. the cfo in less than an hour. netflix slumps. higher prices wait in the group as it reports a drop of u.s. customers and slowing growth overseas. shares plummet. ♪ >> welcome to daybreak europe. we have danske bank breaking. cost money.tions that is the message i take away. shiftre going to have a in the capital requirements. for 16.7%.e was we just caught up -- he was talking about the same issue. -- 5.37.going to ,

for more on her stories, don't mix "bloomberg daybreak: asia."he new fed president and governor kuroda speak. taylor: i am taking a look at economic data, preliminary numbers for sentiment for july come out 10:00 a.m. eastern. romaine: don't miss this, blackrock reporting earnings before the bell. caroline: that is all for "what'd you miss?." taylor: bloomberg technology is next in the u.s.. romaine: have a great evening. this is bloomberg. ♪ hey! i'm bill slowsky jr., i live on my own now! i've got xfinity, because i like to live life in the fast lane. unlike my parents. you rambling about xfinity again? you're so cute when you get excited... anyways... i've got their app right here, i can troubleshoot. i can schedule a time for them to call me back, it's great! you have our number programmed in? ya i don't even know your phone anymore... excuse me?! what? i don't know your phone number. aw well. he doesn't know our phone number! you have our fax number, obviously... today's xfinity service. simple. easy. awesome. i'll pass. emily: this is bloom

daybreak australia. i am paul allen. shery: i'm shery ahn. we are counting down to asia's major market open. ♪ paul: here are the top stories. wall street rises to another record from the tray truce with china but stops amid signs the economy is swelling. oil on the rise as the opec and allies extend the curves into next year. there is concerned of weakening demand around the world. hong kong protests take a violent turn. police fire tear gas and pepper spray and the government condemns vandalism. shery: a quick check of how the markets closed in the u.s. the u.s. -- s&p 500 closing in a record for the first time in 10 days. chipmakers leading the gains. the semiconductor index closing at a three week high after president trump announced in easing on that band on tech giant huawei. we have the dowd gaining 4/10 of 1% but industrial shares did underperform the bottom market. we have the u.s. ism manufacturing gauge showing the orders stall the last month and that is coming on the back of factory reports across the world showing weakness in the manufacturing sector on the pa