is is "daybreak europe manus: you can turn into bloomberg radio.y have an interview with holidays challenger. hallenger. anna: we look at how theresa may's speech will impact her challengers. this is bloomberg. ♪ manus: you are looking at a live shot of singapore. p.m..:19 asian stocks hitting a three-week high. japan and south korea have returned from their holidays. that's going to be the asian markets at a little news coming through from the secretary-general of opec. anna: saying they have had exploratory meetings with shale firms in houston. no discernible impact on oil prices at the moment in the asian session, but worth keeping an eye on that one. if relationships between those two parties were to transpire. inventories forecasted, we're waiting for a little bit of data. the european ministers are gathering in luxembourg. anna: justin trudeau meets donald trump. they'll be talking about the about bombardier. manus: meetings of the ims and the world bank are also happening. japan's kobe steel has unleashed least an industrial scandal that's r

this is "bloomberg daybreak: europe," our flagship morning show. i am anna edwards. matt: and i am matt miller in berlin. we are getting headlines of fourth-quarter net sales at $2.1 billion. also seeing fourth-quarter gross margin around 44%. just a couple minutes ago, came out with this net sales for the third quarter. that is the reporting quarter. $2.45 billion, beating the estimate. margin,arter gross

this is "bloomberg daybreak: europe." i am anna edwards. novartis.will talk to some news breaking. in.rtis numbers coming core earnings per share for the beat, quarter is a $1.29. 3.3 $8 billion third-quarter operating profit. this would be the first quarterly profit increase in three years. helping them. the core earnings per share is a nice beat, third-quarter profit $3.3 billion.

"bloomberg daybreak: europe thank you. thank you. there is no movement in spanish features that indicate we will see anything as an outside downsized move at the moment. it looks very much in line with the rest of europe. the front of center story for us in europe. as matt already indicated, it will get more complicated as we work our way through the next 90 minutes. we have under 90 minutes until we have catalonia making that decision, the spanish government have given the catalonian president until time a.m. -- time.a.m. local this is what the -- matt was talking about. if that were to happen then that hashen charles puigdemont been pushed to say we will unambiguously declare independence.

this is bloomberg. ♪ "daybreak: europe." anna: this is -- anna: this is "daybreak: europe."e pretty flat on dollar yen. we talked about appetite for japanese equities. let's talk about appetite for european fmc g goods. manus: we have been talking aout dan and, that is just snippet below the estimate of 6.45 billion. the market is penciled in 6.46. restructuring in terms of growth . should exceed 12% including currencies. eat have a higher profit. -- you have higher profit. revenue in this quarter was the fastest pace in more than two years. you've got revenue increased to 4.7%. that beat the analyst estimates of 3%. this is a delivery, a tour de force. he is trying to resuscitate dairy's yogurt and fresh which hasn't had a shipment growth and almost four years -- in almost four years. anna: it is brexit -- it is time appropriate to confirm in the target for the full-year current operating profit growth. that is the downbeat side. second quarter sales rising 6.6%. also talking about remi martin, the key to sales rising on inorganic bases more than 13%. manus: i don't know wh

this is bloomberg. ♪ anna: is is "bloomberg daybreak: europe." 1:48 in new york. bit of sluggishness at the start of trade. here we are in the asian equity session is pretty flat. manus: and negotiations may not in in success. anna: also use on the outlook for oil prices. we were engaged, we've been are somebut there , they're looking for clean deals. it's difficult to know exactly how it's going to in-depth. manus: it's a stumbling block price. >> you are leading me on here, manus, you mustn't do that. [laughter] think it's really more the overall terms and conditions. manus: you're saying with the kurdistan issue, we did see above $60. ?o they need to fix and >> -- do they need to expand? >> they probably would like to spend. that will be increasingly difficult for them because there's increasing pressure on production in many of these countries. seems to bee that moving into a northerly direction, they probably need to ask dan. -- probably need to expand. manus: what can you tell me about the physical draw? we understand there's been a lot of physical draw down

. ♪ anna: a very warm welcome, this is "bloomberg daybreak: europe."ere in the city of london, i'm anna edwards. manus: we have some great guess for you, we've got jim mccaughan , he joins us for the next hour. anna: and paul venables will be here for his first interview up the day, talking to us after the recruitment company publishes its first-quarter results. always excitement in the world of hiring and staffing. manus: in the meantime, the fed might be desperately seeking inflation as opposed to watching the movie, but the markets are desperately wondering what happens next. we put together a huge index, nobel you cannot see, the economist tadeo says the market is napping. asiant back to 1997, the financial crisis, the dot-com bubble. the moving average of the skewed index, and that measures black swan events, for lack of better words. were just off the 120 day moving average, just off that level. so the markets are trying their best to gain the possibility that the shoe might just drop. and whether the highs were seen in the u.s. equity market or

anna: this is bloomberg daybreak europe. 6:30 a.m. in london.see the dollar against the yen at 112. a new edition of daybreak is available on bloomberg. that is how you find it on the bloomberg. let's have a look at the stories that have made it into today's edition. the cover story focuses on the new rules, said to win a reprieve. they will not have to overhaul regulations to comply. according to people familiar with the matter. most exciting imagery i have seen to illustrate a story which has many in our audience excited. matt: i did and every time we put out the story our clients do genuinely care about this dry regulatory story. let's talk about what is going on in china, a little bit more exciting to a rudder audio -- broader audience. xi sees a reinvigorated sector driving growth. this is part of his goal to contain the economy, no longer looking for a soft landing but continued slide in china. so far, he seems to be doing quite well. than he spoke for more three hours and no need for any cough medicine to get him through it. matt focuses

getting the speed right and timing♪ manus: you are welcome to "daybreak: europe."hip morning show in the city of london, i am manus cranny. anna: we are getting some numbers coming through. a little bit of an update. uma saying they are coming in -- puma saying their cells are coming in. they are talking about some part of their business, a partnership with selena gomez. is what wouldon the driver be here? the at leisure trend. [no audio] casual casual wear this at the jim, cafe -- at the gym, cafe -- [no audio] at the start of the trading day. manus: the big risk and that market was amazon, the possibility that might get involved in leisure where -- leisure wear. first-half revenue comes in at $6.7 billion. pence. dividend of 31.4 in terms of earnings, we broke their earnings over the last hour and a reminder that we will speak to joe jimenez. [no audio] driven by the u.s. losing confidence in the strength of the rally we have seen. looking for more confirmation from the earnings story, whether they can fill higher. the asian session higher. manus: we have had a c

that is it for daybreak: europe.d they will be speaking to nicky morgan azevedo clock a.m.. -- 8:00 a.m. they have an interesting piece on what the sterling looks like. currently very much an emerging market currency. beautiful day. ♪ ♪ guy: good morning, you are watching bloomberg markets. this is the european open. cash equities will be opening in half an hour. bunds are already open. we will talk about the fixed income market throughout the program. i am guy johnson in london. matt miller is off this week. we are talking about the dollar dilemma this morning. the greenback danes on economic hope, tax reform expect tatian, the fed chair speculation. to fundamentals tell a different story?

manus: that is it for "bloomberg daybreak: europe." the market open is up next. e.m. ing further to $17. ♪ guy: monday morning and welcome to "bloomberg markets: europe open." first-rate trade of the cash equity session coming up. will bring you that first trade. i am guy johnson. matt miller over in berlin. madrid makes its move. we are waiting for separatist response. oy back his plan? of his gamble pays off sending stocks surging could will change in the country's pacifist

this is "bloomberg daybreak: europe." ." manus: welcome to the show.ope wakens up to the scene and catalonia, broadcast around the world where you have real risk that catalan may declare with 89% of the vote that they may go for independence. does that mean for risk -- what does that mean for risk? we are looking at the euro. we are down. that eurog streak on has been broken. the longest winning streak on the euro has been broken, and it is poised to end. if you go to the blog this morning, they say the markets are taking the risk in catalonia quite well. the euro is down, but it is not being flogged. the best case scenario for the market and spain is the scheduled government sanctioned and official succession vote. the dollar is stronger this morning on the tax plan and the overall trump trade reignited. there are a couple different facets at play. anna: there is a euro and dollar store. there are calls on the e.u. to act from catalonia. radarg up the risk underlining your story that there is a euro and dollar story. the tax story in the united states

this is "daybreak: europe." matt: good morning, anna.: good morning, matt -- .nna: good morning, matt let's talk about what's going on in spain. the chartier tracks the biggest etf that tracks spanish equities and the appetite we've got for that. the president of catalonia seeking talks with central government in madrid, not mentioning unilateral independence. that is sending more money into this etf that tracks spanish stocks. we have seen money coming out of .his particular etf we signed trading at volumes that were 700% of normal daily volumes, and we saw the euro gain a little bit. you will see that the euro is still holding on to some of those gains. it's funny, i was looking at the exact same etf here on my screen as well. also, the euro, as you mentioned, holding on to some of the gains. take a look at the risk radar this morning. i am going to kick it off with the euro. spain front and center as far as what is going on. in dollarses at 1.18 terms. there is the msci asia-pacific index. the topics bang -- the topix holding it near

. ♪ anna: a very warm welcome to "bloomberg daybreak: europe." it just is going up.gotten a bit frisky. welcome back. anna: and is willing to do with me. it is the world's biggest cryptocurrency. we crashed it through a thousand bucks in 2013. 56 day from two to three. six days from 3000 to 4000. the only thing that impeded bitcoin was the possibility that the chinese might crackdown on cryptocurrencies in september. good they go for it again? i love jv dimon. he said he would never talk about again. anna: how long did that last. they will pay the price according to the near post. understated. if goldman sachs can be undecided, so can i. people were skeptical with paper money replaced gold. here's earlier on the asian equity session. asian markets taking a leave from the inflation talk to the united states. sevenghest since 2000 and -- 2007. just how structural is the inflation environment and united states? yellen says her best guess is it will accelerate. asld you interpret that vaguely hawkish from yellen? some of that is pushing up the dollar, it seems. some have

that is it for "daybreak: europe." we will go out with a little market check for you.en keeping an eye on the aussie sterling, weaker in this session, as well. the dollar holding gains from yesterday. up next, "bloomberg markets: the european open." ceo of anspeak to the electrolux. this is bloomberg. ♪ ♪ guy: good morning, you are watching "bloomberg markets: the european open." cash equity trading about to open 30 minutes time. i'm guy johnson in london. matt is in berlin. what are we watching? a dovish draghi bribes the dollar up. tax reform progress in washington and strong tech earnings throwing fuel on the fire. it is -- is the correction in euro-dollar just getting started? spain's senate set to give

that is next. ♪ add: this is bloomberg daybreak: europe.s now in saudi arabia chroders chairman. the obvious question is what is the attraction, what specifically takes schroders to riyadh? michael: there are 3500 people here at this conference and laying out their plans for the next three or four years through 2020 and the next 13 years and there are major adjustments happening here. setting up a major new sovereign wealth fund. it is a fascinating time to be here and it represents a new direction for the kingdom and i think some really opportunities. manus: we caught up with the blackstone chairman earlier and he came home from saudi arabia with $20 billion of new commitments for infrastructure. have you had discussions with the institutions, have you won any new business on this trip, any new commitments for schrod ers? michael: we have an existing set of clients that are important to sowho have done for 20 years we have good relationships with the government and other parties. we are looking forward to deepening. i am not putting a numb

he stays with us here on daybreak: europe.adioi, tv on the device.your mobile you cannot escape anna edwards and me. leaving catalonia, fearing a legal limbo. the catalan official says that won't be enough to start -- stop the frustration. manus: he spoke in barcelona. >> 15 companies including cash and bank, one of the biggest banks in spain, the regional powerhouse that it is, has left. don't you think this is a major sign of its and 30 -- uncertainty? that bymebody believes in capsing the economy on and, spain or europe will be saved, it is simply misreading the reality. the reality is the productive sector is not moving away. ofre is some announcement thinking systems. >> they are regulatory. it is happening. it is not just an announcement. it is going to happen. >> we're talking about headquarters. headquarters is not the market. you think that they will pronounce to the clients? >> for the market has been a don't you findto it don't you find it concerning that 15 companies have left within the referendum? concern or unce

manus: welcome to bloomberg daybreak: europe, i am manus cranny.o get some breaking news. largest advertising company giving us an update on their guidance. broadly flat. net sales growth, they saw that at 0% to 1%. the range previously was zero 0% to 1%. 1% -- this is going to be broadly flat. an interesting tweak coming through on the numbers from wpp. like forted revenue, like net sales falling by 1.1%. this is the world largest advertising company and it encapsulates a number of changes. others in the sector, also changing from a consumer pattern, increasing competition from consulting firms, and lack of m&a. the propensity of companies to advertise directly with facebook and google. we will see whether the share price gets a nudge on that one. manus: the clarion ceo says he does not think he will have to resign. he is under pressure from activist investors who want to change things. they confirmed that 2017 outlook. that is one line coming from the ceo. bps numbers, $1.87 billion. quarterfor the third adjusted net income. 28.4%. news.s a big p

. ♪ manus: welcome to "bloomberg daybreak: europe."m manus cranny. ,nna edwards is out for the day throwing caution to the wind. we are talking about risk. political wrangling is heating up. what do i do? believe, it is going to be a bumpy ride. demand for three-month options were above. i'm giving you a broad chart to emphasize what a butterfly is. we are seeing this bump in this chart. deadlock was the word yesterday. --set the pound downturn it's that the pound down. -- it set the pound down. it shows you how poisonous and environment it is for sterling. says the euro could be at 90 by the end of the year. how's this translating into global risk? i am talking about the squeeze in terms of the flock in united states of america. we are down .6% this week. some big option trades betting around the cpi data. oil, the biggest weekly gain on brent's in september. rebalancing will come. inventories drop. opec will clear the glut by the end of the third quarter, adding two oils momentum. oil's momentum. they go on bitcoin. this is the world

this is bloomberg. ♪ manus: welcome back to "bloomberg daybreak: europe." let's get to russia.mir putin will be taking part in a special discussion moderated by bloomberg in moscow and he will be joined on the opec secretary and others to talk about the oil market and the future of russia's economy. the panel will be chaired by john fraher. looking forward to this panel. it is going to be an exceptional group of people. what are we going to learn when you sit down with mr. putin this morning as the geopolitical world really swirls around. john: president putin has been one of the most interesting people to speak to on the international circuit. he has a very particular worldview which we will be getting into. important to remember that this is an energy conference and so a lot of conversation in the beginning of the panel will focus on these opec cuts. will russia extend the agreement with opec? we will be talking about the threat to traditional energy posed by the revolution we are seeing in a renewable energy. we will be talking about the middle east which is a region very cl

manus: welcome to "bloomberg daybreak: europe." right here in the city of london. santander missed in terms of net income but had long ratio dropping, statoil going for a cash dividend. that could signal a big turning point in the oil market. those are your two opens. let's give you the rest of the breaking news. when it comes to the nordic, continuing to see synchronize growth in the domestic markets. markets remain -- margins remain stable. in 844.1t had penciled million euros. improved.lity has management buffer increased by 180 basis points, the highest ever in terms of capital. this is the bank that said last month it would move its headquarters to helsinki from stockholm after complaining about sweden's strict regulatory environment. the intention is to save 1.3 billion in costs by moving their headquarters. structurally they can bring down the cost and increase efficiency. those are the questions we will put to casper von koskull after 6:30 a.m. this morning. let's talk about one of the world's biggest brewers, heineken miss their numbers this morning. more

this is "bloomberg daybreak: europe. " >> welcome back from manchester. great job.iticians will miss you. [laughter] welcome. talk about this other scenario. it's interesting that this hasn't been battered on the back of theresa may. have a look at this. theory be on the dollar. quarters,e past six the final quarter fears rallied on average, 3%. if you look at the data, the adp shows this format, services rocking it out at a 12 year high. market is the least heiress since 2013. the history, the dollar -- dollar rally, if there is a fare hike, and this is still at 63%, this might the your benchmark of rest -- of reference. was: let's see what happening overnight. we not going anywhere in a hurry. big way on the stock market, bond market, the dollar. u.s. sing the mention of private jobs, american services -- -- u.s. saying the mention of private jobs, american services. lots of nice stories reporting the general melt up we have seen and markets. the dangerous, monotonous picture across the screen. shocking drop in sales. said in the headlines, the saudi king and russ

that's it for daybreak, europe.ts: european open, matt miller and guy johnson will be with you for the next hour and a half. later, maverick ceo joins. 10:00 a.m. u.k. time, tune into that one. this is bloomberg. ♪ retail. under pressure like never before. 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. ♪ >> friday morning. welcome, good morning. you are watching "bloomberg: markets." this is the european open. treasury market story fascinating. live, guy johnson, i'm in london. matt miller is in berlin. whate artie seen him in we're watching. treasuries tumbling, as the u.s. senate calls for a budget resolution -- making way for tax reform. as the reflation trade now back on? ta

this is "bloomberg daybreak: europe," our flagship morning show. i am anna edwards.am manus cranny. breaking news. it is about akzonobel, a red-hot headline. they are in talks with exulta. it rallied 17% on friday with a big story on friday. how you protect yourself, anna? you buy to grow. that is possibly the strategy fractional bell. he had rejected the bid. manus: looking to consider m&a. and we saw the excel to share price up in session. the company and that warren buffett is the shareholder in. as they moveesting to sell their specialty chemicals business for the netherlands business. let us talk about nomura in the banking sector in japan. we have seen numbers coming through there. they are talking about the share buybacks. the revenue number at second-quarter revenue, 462 billion yen. the buy back up to 1.8% of shares for ¥50 billion. we will keep an eye on the japanese banking story. manus: they talked about their overseas pretax profit, really up there. ¥881 million, dramatically less than it was last time. ¥851 million versus -- profit, ¥88.4 billion versus

live from london at the top of the hour with daybreak: europe and the close of the market in japan. ♪bank's talk to merge brent with t-mobile have hit a snag and could throw the deal into jeopardy. shares of both countries tumbled 9% and 5% respectively. the company's have been unable to get past differences over valuation, and nikkei reported that softbank will propose ending the talks as early as tuesday. still with us is bob o'donnel, the president of technology and research. alex sherman in new york, and from l.a., our bloomberg news editor, who covers telcos. i will start with you. what is happening right now? >> everything is happening and nothing is happening at the same time i guess. these deal talks have been going on for months, and they have had all sorts of discussions about valuation and who will control the combined company. the whole point of this exercise has been to take the number three carrier, t-mobile, and the number four carrier, sprint, and put them together to create a bigger third competitor against at&t and verizon. it would take the market from four carriers

we are going on daybreak europe.is fran. ♪ francine: president trump, taylor, powell and yellen to lead the fed. the ruling elite, with one thing missing, a successor. force in the market to rethink boe uncertainty. that data drops in 30 minutes. this is "bloomberg surveillance" and i'm francine lacqua in london.

bloomberg daybreak: europe on radio with karen moskow and robert moon.llance. i'm emma chandra. goala setback for tesla's of reaching mainstream consumers. the electric carmaker struggled to produce its newest model shortly after its debut. they built less than a fifth of the forecast. tesla blames unspecified bottlenecks. jeff immelt is leaving general electric three months ahead of schedule. he is retiring as chairman and leaving the board. the new chairman took over as ceo in august. he is leaving early after deciding the transition has proceeded smoothly. of uber will be in london today for an emergency meeting with transportation authorities to try to salvage the company's business in its largest european market. this comes a day after the manager in charge of the u.k. said she was stepping down. we will continue with john normand of jpmorgan on the markets in a bit. more thoughts from brian wieser on leadership of the silicon valley companies. desperation wanders over to london today. it changed london. it changed paris as well. where's the humidit

join guy and myself on "daybreak europe live" on london dab digital. this is bloomberg. ♪ retail.ore. 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. have impressed president trump, but will his hawkish stance fit well with markets? jet program is challenging china's ambitions. cpi is expected to spike to a five-year high as mark carney testifies this morning. this is "bloomberg surveillance" and i'm francine lacqua in london. we have a very packed show. mark

from new york, this is bloomberg. ♪ >> this is bloomberg daybreak: europe i'm emma chandra.s in interview with puerto rico's governor. this is bloomberg. david: former equifax ceo richard smith is going to be on the hot seat again on the hill today. this time in front of a senate committee. smith faced the house energy and commerce committee yesterday and here's some of what he had to say. time we had no indication it was a breach. it was a sick fish -- suspicious activity. location where the ip address does not necessarily tell you where they're from. it's easy to set up ip addresses anywhere in the world. it was never intended to have that arbitration clause apply to this breach. it was a standard boilerplate cause as part of the product. as soon as we learned the boilerplate term was applied to this free service it was within 24 hours we removed that and tried to clarify that. that was a mistake. david: joining us now on the telephone is keith snyder. a price target for $115. explain to me how you are sticking with equifax. just watching that testimony we are looking at a

coming up shortly, "bloomberg daybreak: europe america's." have a measure today? >> there is a lot going on in the united states and around the world. we will have the chief u.s. economy. they have indicators at morgan stanley that are flashing green. we will talk about why, given all that is going on, morgan stanley things it is full steam ahead. really looking forward to the ones that on "daybreak was quote this is a great chart. it is moving from the altra accommodative, but we are still at a negative real fed funds target rate. i guess it comes down to the idea of vice-chairman. is john taylor hawk, can he have an effect if he is chosen as vice-chairman? he invented the fed funds rate today. it should be around 3.5%. to hike somebody going rates more? there is almost an implication that the vice-chairman would be an activist vice-chairman. i see no history of that, is alan binder or a potential chairman john taylor. it is the chair that runs the joke, but he has to build consensus. having an intellectually powerful vice chair is potential

after your briefing on "bloomberg surveillance" robert radio,-- bloomberg bloomberg daybreak: europein houston, home of the victorious houston astros. this is bloomberg. ♪ ♪ nejra: i am nejra cehic in london with tom keene a new york . a big day with european banks with results from barclays, deutsche bank, and santander. revenue with the corporate investment bank fell 31%, lagging behind the average of the -- shares fell on the news an earlier barclays ceo jes staley spoke to bloomberg. >> we want to see a better performance. it has not impacted our market share which has failed in their. even what the other banks have done. all of us expect a return to more normalized levels of volatility and volumes in a recovery of market revenues across the investment banking space. joins usnathan tice and still with us is antonio garcia pascual, the chief european economist at barclays. if we look at barclays and deutsche bank, the key takeaway is the trading. >> absolutely, the call is still ongoing and one of the things they're looking to do is real -- we allocate $20 billion of risk allocate

bloomberg daybreak: europe, bloomberg radio, coming up more with scott galloway.ne: this is bloomberg surveillance, tom and francine from london and new york. we spoke with the u.k. shadow trade secretary barry gardner who alleges boeing has received had ceased -- hefty subsidies here to here is boeing's response -- the case in the u.s. is about complying with trade law. boeing complies despite the rhetoric regarding these proceedings. gardiner also alleged the boeings monarch amounts to unfair dumping and boeing says it does not comment publicly on the financial arrangements of its customers. boeing declined to comment on gardeners interaction that boeing wants to hurt bombardier's share price. we wanted to reach out to boeing for comment. let's get straight to the bloomberg business flash. taylor: billionaire steven cohen is apparently not concerned about a backlash. he may open a fund. people familiar with the matter say he may charge two and three quarters percent management fee and pass on certain costs for the first time. those charges would be well above th

welcome to bloomberg daybreak: europe i'm jonathan ferro alongside david westin. alix steel is off today. let's get you up to speed on some of the market action. a five-day winning streak on the s&p 500. we come into tuesday with futures a little bit firmer by a single digit. euro dollar bounces off the lows we saw yesterday after a significant 24 hours of dollar strength. 236 on the u.s. 10 year. onid: let's get an update what's making headlines outside of the business world. gunman in the las vegas shooting had a huge arsenal in the hotel room he used as a sniper's current. stephen paddock's body was found with 23 guns. found two gun stocks that would have allowed a shooter to fully replicate automatic fire and at his home they found a further 19 guns, explosives and thousands of rounds of ammunition. the death toll has risen to 59. the white house is ruling out talks with north korea over its nuclear weapons days after secretary of state rex tillerson said the u.s. was talking to north korea directly through our own channels. a white house spokeswoman said now

the opening bell is coming up on bloomberg daybreak: europe we are about four minutes away. bell is coming on bloomberg daybreak. we are about four minutes away. futures are positive. ♪ ♪ i'm done. done with figuring it out for myself. i'm done with surprises. i'm done with complicated. if you're on medicare, and ready to be done with complicated, turn to unitedhealthcare and our medicare advantage plans... like aarp medicarecomplete. these plans can combine your hospital and doctor coverage, with prescription drug coverage and more, all in one plan for a low, or even no, monthly premium. so call now.lan for a low, or even no, monthly premium. so call now. we can answer your questions, even help you enroll. i deserve to get the most out of my plan. we'll make sure your doctors are all connected, you know what your copays are... and you can save on prescriptions; plan members saved an average of over 5000 dollars last year. medicare open enrollment ends december 7th. if you're done with complicated, if you're doso done... complicated, so done... call now to enroll in a plan f

. ♪ >> this is bloomberg daybreak: europe i'm taylor riggs. korea is threatening that nuclear war may break out at any moment. kim jong-un's regime issued a warning as u.s. and south korea begin one of their largest naval drills off of both coasts of the korean peninsula. a north korean diplomat claims the entire u.s. mainland is within reach of its missiles. theresa may's attempt to get brexit talks back on track yielded little. she flew to brussels for dinner with jean-claude anger. the u.k. wants negotiations to move on to trade and transition arrangements. from president trump former white house strategist steve bannon won't abandon his war against republican congressional incumbents. been and keep backing insurgent candidates who pledged to oust mitch mcconnell. truceesident's seeking a that could salvage plans to overhaul the tax system. global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. i'm taylor riggs. this is bloomberg. trump andsident senator mitch mcconnell had an impromptu news con

daybreak team. the rest of europe is higher at hsbc, keep an eye on that stock. anna: keep an eye on a just easy. just waking up for another trading week. this is number. -- bloomberg. who knew that phones would start doing everything? entertaining us, getting us back on track, and finding us dates. phones really have changed. so why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. no one else lets you do that. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit or go to xfinitymobile.com. manus: your first rate coming up very shortly. we will bring you the first train of the day. week,iller's office politics take center stage. be charged in the russia probe and how will the white house react? it is a huge week for the bond market. hundreds of thousands of pro-unity demonstrators, -- live in president barcelona on that story. third consecutive rise in portly revenue. he tells bloomberg he's very happy with progress in asia.

this is "daybreak asia >> let's turn our attention to europe now.n joining us in the hong kong set. we have been talking about what has been going on in catalonia, protests happening in barcelona and madrid urging for talks between them. the whole issue of sovereignty still has not been resolved. is there any room for talks and negotiations at this point? >> we would like to think so. no one wants to see an outbreak of violence on either side, i am sure. so there must be room for talks. this is a serious issue, a big, historical issue. yesterday or the day before was an anniversary of the independence movement of 1934. this is not a recent thing. they have to have talks. >> the bond market seems to be reacting differently than the equity market. we saw stocks last week saw the worst week. the spanish tenure pretty same right now. who is right in this? will it be isolated? >> as it goes on and there is a proper independence come i think it will affect both markets for some time to the negative. this will be significant. one forgets, people say this i

europe. this is bloomberg. ♪ yvonne: this is "daybreak asia," i am yvonne man in hong kong.: i am betty lou in new york. 10 year treasury yields hitting the highest level since march. they say the moment of truth has arrived, with yields closing above 2.4%. joining us from sydney, a portfolio manager, head of credit at kapstream capital, which manages more than $10 billion. i want to pull up a chart that gun version of the red line. it isdlach's g #btv 508. i guess it is the yellow line. he says, get the obituaries out, it is time to write. it looks like time to write the obituary for the decade-long bull market. you think we are finally at that point? it is an interesting one. the reforms followed side of things. we saw back up 80 basis points. i think you need to good things, a couple good inflation trends. but you also need trump to deliver on some of the reforms he has promised. obviously, tax reform and fiscal. if he can do that, it will come back up. it is still kind of around that range. betty: is there anything that is different with the backup in yields that is diff

daybreak asia. the world's largest provider of shared workspace is in asia. europeepping up expansion abroad as well as korea. christian, thank you for joining us. the big question is how does we work in asia? what is the strategy there? first of all, thanks for having me on. it is great to be here. recenta, the most administration was brought into help drive innovation and health companies get to the next level of job creation and help more santos laroche and this is the type of environment that we can help create. and healthng that companies expand and innovate and bring them together in a way they can collaborate. >> every market is different in asia, but there are thousands of copycats, in particular in china as well. permission a they are hard to pin down or some companies. what sets you guys are? >> we started with a global .latform for creators it is the space in the design, but a big part of it is community. what we want is people to feel the energy and they're able to collaborate with different companies, local players, but importantly we can help those wit

you see a flat over in europe but the minors having a really killer run and the why comes from the next board. ♪ alix: this is "bloomberg daybreak alix steel. happy monday, everybody. here is how retrade. futures down by a quarter of a point. you have european stocks flat on the day but minors seeing a monster rally and spanish stocks weaker. risk 7% as that political continues to rise. in other asset classes, if you can change up the board, some of the movement in euro dollar flat on the day but not any kind of sustained rally because of those risks over in europe. and you wind up having a little bit of selling on the margin through the the 10-year market. and then the area that i'm watching are commodities. shocker there. but look at this monster rally. you have copper over $7,000 a ton. up 3%. highest level since 2014. oil getting a bid. gold, palladium. you name it. let's get an update on what's making headlines outside of the business world. here is emad mostaque. emad: the u.s. and south korea ave begun naval war games in about 40 ships. at the same time, there are signs of north korea is preparing for another missile laun

europe starts growing again. good morning. welcome to "bloomberg daybreak."s, a record high at the close of wednesday's session. we are down .2%. a stronger dollar on the margin against the euro at 118.47. confused federal reserve minutes showing confusion over inflation but conviction to hike interest rates. alix: juniper downgraded at nomura. really dragged down its network equipment -- revenues didn't disappoint in that cloud vertical. domino earnings coming in better, but come sales were down . citibank now trading higher on the day. jpmorgan down 27%, but that was in line, we were expecting that. what they are saying about their loans is an interesting conversation point. citi says provision for credit losses is up 15% to $2 billion. jpmorgan says their provisions are up 20%. is there a turn in the credit cycle? for more, let's head over to julie hyman. what are we hearing about that on the call? julie: i wanted to hit a couple of different points here. first of all, there was a equifax hackt the equifax and whether jpmorgan was in your ripple effect fro

"bloomberg daybreak" to be heard in new york, boston, the d.c. area, and in europe on sirius xm.francine: coming up later today, exclusive conversation with the ups had at 7:00 in london. let's get more on deutsche bank. john cryan appears to be losing the support of some investors com. speaking on condition of anonymity, three of the largest 10 shareholder say they want to see a turnaround in the next few quarters, particularly in the trading business. very.bring in our shoul arjun the concern is that management has come under a lot of pressure. this is an to the turnaround plan that john cryan has put. how much should we know that shareholders are not happy about this? has been know is what reported in the press today and stories from bloomberg say that three of the top 10 stakeholders are unhappy with the progress that has been made so far on the strategy, particularly in the investment bank. problem for john cryan is that we are expecting another weak quarter in terms of investment banking revenues this quarter coming up. the fact is that there other businesses, particularly

daybreak." i am alix steel european stocks are at a junior high. you see some by ratings on the out performers from europeield lower by 10 basis points your the euro-dollar flat, the curve continues to flat. the latest inflation data is out as this data drops here. if you take a look at cpi year on year, back out energy, back on food, sequentially, it does not move and it fell short of estimates. if you look at auto, gas, this , muching in at 5/10 of 1% better than the negative drop from back in august, which, by the way, was revised back into positive territory. it is being in line with estimates. if you look at, say the month on increase, yet a, is it an improvement on cpi -- ,onth-to-month increase, yay but is it in improve on cpi? you see that yield dropped like a stone by two basis points. let's head over to tom in washington with a special guest. we are on bloomberg radio, bloomberg television thedwide, the second day of meeting of the international monetary fund. cast.ectic theave david malpass, clearest rider of economics i know and he owns the word "fast." malpass economic has always been impatie

europe. hundreds of thousands of pro-unity demonstrators flood barcelona's streets. from new york city, good morning, good morning. this is "bloomberg daybreako along with david westin. we come into another trading week at an all-time high. futures just a little bit softer. we come down by about 0.1%. in europe, the main event, not the politics -- economic confidence in the eurozone at a 17-year high. we bounce back by 0.25%. treasuries were stable.

europe. hundreds of thousands of pro-unity demonstrators flood barcelona's streets. from new york city, good morning, good morning. this is "bloomberg daybreak" along with jonathan ferro -- i'm jonathan ferro along with david westin. we come into another trading week at an all-time high. futures just a little bit softer. we come down by about 0.1%. in europe, the main event, not the politics -- economic confidence in the eurozone at a 17-year high. we bounce back by 0.25%. treasuries were stable. david. david: let's get an update on what is making headlines outside the business world. taylor: david, the first charges may be announced today in that investigation of russian involvement in last year's u.s. election. according to multiple reports, the grand jury associated with special counsel robert mueller as approved the first indictments. president trump called the investigation a witchhunt that is bad for the country. puerto rico plans to cancel a controversial $300 million contract to rebuild the island's power grid after it was devastated by the hurricane. the contract went to a tiny company based in whitefish, montana, the hometown of in

europe. the outlook with barnabas gan in just a moment. this is bloomberg. ♪ yvonne: this is "daybreak kathleen: i'm kathleen hayes in new york. putin saysladimir russia is open to extending the output cuts deal with opec to the end of next year, the strongest signal yet the kremlin is willing to redouble efforts to lift global energy prices. putin spoke at russian energy weak on a panel monitor by john fraher. [translated] what we were able to do with opec i believe is for the benefit of the whole global economy. whether we are going to extend this agreement depends on way the administration of also macron the global market. i'm not ruling this out, but we are going to act upon realities by march 2018. >> that sounds like he would perhaps be in favor of extending them beyond march. the end of march is not very far away. [translated] i think this is possible. you know this quite well. it is that important to entertain culture in such a public forum and public statement. there are many countries who did not join us. they are positively responding to what we are doing today in reducing p

europe, middle east and in africa. >> the terminal features plenty of new restaurants and ipads at most seats in the terminal for passengers to play games, order food, et cetera. >>> not your every daybreak-in. >> this burglar went in feet first to a hookah lounge. it's straight out of a james bond movie. >>> caution tape and locks. the reason why the philadelphia rec center's doors are shut tonight. >>> and philadelphia's war with rats. what the city is doing to get rid of them. next at 5:00. she never let anything slow her down. even now. and aetna is moving medicare forward right along with her, starting with the medicare rx select prescription drug plan. featuring 18 dollar average plan premiums. zero dollar tier 1 generic drug copays at preferred pharmacies like cvs pharmacy and shoprite. gap coverage and no deductible for tier 1 and 2 generic drugs and a broad list of covered drugs. chances are good yours are on it. aetna's medicare part d drug coverage options are helping her enjoy life her way see how our plans fit yours. because getting older clearly isn't what it used to be. call aetna and enroll today. >>> two breaking stories just in to the newsroom. first in wilmington, sky

daybreak trade look for that coast-to-coast. on bloomberg radio. ♪ francine: we need to talk about technology and startups across europe.on has been on a drive to boost france. he had a commitment to commit 10 billion euros to finance innovation. some people are in paris for this year's dpi generation conference. joining us from the event for an exclusive interview is nicolas gorsuch from, he's the ceo -- he is the cofounder of skype. think of for coming on. thet of people want to be next start up a base -- a lot of european capital want to be the next startup based. it's not that easy. infrastructure, venture capital, funding. how is paris doing it question mark how can they improve? be at paris ag to few days this week through just to see the ambition of the founders for getting bigger and bigger -- are getting bigger and bigger. paris is a big place for technology. great innovation, great engineers. so encouraging is that the ambition levels of the founders are so much bigger. it's very encouraging. look at the if you big companies, google, facebook, amazon, does that make it harder for smaller startups to get into t

europe. and commodities head for their highest close in six months. and rising tensions out of iraq. david: welcome to "bloomberg daybreak" right here with alix steel.n about you can see e.c.b. copper really having a monster rally, up over 3%.