that is it for daybreak europe. the european open is next.ing to work 10 into bloomberg radio. ♪ 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. anna: i am anna edwards alongside matt miller in berlin. matt: a rally in asian stocks weakened as treasury yields threaten to pose a fresh test for equity investors. the dollar held its decline against most major peers, the cash trade is less than 30 minutes away. ♪

manus: welcome to daybreak: europe.ade tensions an additional tariff bans on another $200 billion from the united states into china. what will they do? sterling is lower. that's about the only reprieve that you're going to get this that particular market. sterling by a quarter of 1% that's in the back of teresa may. sterling dime getting a little bit of the better bit. paris is off by 30 pips. you are seeing this rising level of discontent on the global trade perspective. the biggest losing trade it's going to be the aussie dollar and the wan. we'll see how italy opens up later on. so you are in damage after fitch moved on their ratings. you're getting the reports coming back. go to dnyb gold. italy defensive as rich in. italy tops our agenda. italy is not -- is not going to light the torch paper of the next level of risk. the m live team says keep an eye 3%.aper trading above the that's the torch paper of risk in terms of the mark. do we have a little bit of bonds left? a little bit of bond mark. and you're going to se

welcome to daybreak europe. great to have you with us on set.id, you are a former central banker. you are also part of the political establishment. you have not run profit for. do you think you -- run for office before. do you think you stand a chance of winning? >> we are at a historic moment where citizens have come to realize the cycles of politicians have done them no favors. we have been a democracy since 1999. the country has just gotten poorer. population is rising. the trajectory needs to be broken not by the usual politicians, but by technocratic politicians, which is what i think i am. someone with technocratic knowledge about how to manage the economy and wage war against poverty. that is the theme of my presidency. nejra: the economy is growing very slowly. as you suggested, it not recovered from the oil price crash. it improve in the current president gets another term? >> i think it will get worse. for the very reason that there is a fundamental level of incompetence in the presidential administration. politics trumps everything fo

welcome to "daybreak europe."i am irritated. here is what has been happening in the asian session overnight. you are seeing the msci asia-pacific index with strong gains. you will see those gains are pretty broad-based in terms of the regions, this despite the fact that we have got the retaliation from china to the u.s. tariffs. tariffstaliating with on $60 billion of u.s. goods, but equities continue to rally for a second day in asia. we get china's premier, leakage the chinese premier saying he will not devalue the yuan. we see a bit of strengthening in the yuan. this is what the offshore is doing. the 10-year gilts also catching our attention because it has gone above 3%. it did that in yesterday's session, rising six basis points. the 3-5 handle is where -- 305 handle is where we are. this is the fifth and sixth time we have gone above that 3% level and then pulled back from it again. the front end is worth watching as well. do you want to take duration risks? let's switch up the board and take a look at u.s. futures. we saw

this is "bloomberg daybreak: europe." chinaent trump targets with new levies on $200 billion worth of goods set to come into force next week. beijing vows to respond. chinese stocks slip after the white house announcement. the yuan hold steady. make or break summit. south korea's moon jae-in meets kim jong-un in hopes to revive talks on denuclearization. good morning, everyone, and welcome to daybreak europe. it is 6:00 a.m. in london. let's catch you up on what happened overnight. the msci asia-pacific index in the green of 0.5%. a mixed picture. the shanghai composite headed. 2014. close since imposition united states is putting on chinese goods at 10% is coming next week, it will rise to a 25% levy next year. we are seeing the msci index higher nonetheless. the yuan stronger. the bloomberg dollar index is a steady as well. we saw a selloff across the london metal exchange yesterday. we and copper dropped 1.5%. and has recouped some of those losses. markets taking the latest news on the escalation of the trade war in st

. ♪ nejra: good morning everyone i will come to daybreak europe. 6:00 a.m. in london.et's take a look at what is happening on the markets. eight day of declines, the worst losing streak since the end of 2017. the msci asia-pacific is lower. on the cusp of a bear market. a bit of a risk off with the risk of a trade war escalating, president trump threatening to put tariffs on an additional $267 billion of chinese goods in addition that $200 billion markets were expecting. digesting jobs data friday. and the wage print better than expected, 2.9% average hourly earnings. the dollar holding onto strengths and we are seeing pressure on emerging-market equities in this session. keeping an eye on the curve because 10 year yields rose on friday and is holding on to the gains. the two-year yield hitting the highest since 2008, above 2.7%. 23 basis points. the five 30's on friday dropped below 28 basis points. other central banks in focus this week, as well. the ecb, boe, as well as turkey and russia. manus: it will be a big week for the central banks. coming through on the chem

this is "bloomberg daybreak: europe." trade talks at risk. asian stocks slide after president trump issues fresh terror threats to china. china.ff threats to goldman sachs warns india's stock value may be coming to an end. preparing for the worst. deals preparing for a no brexit has chosen the location for its new eu have. yes, we have an existing operation in frankfurt. location whereti frankfurt is going to be the base. good morning, everyone, and welcome to daybreak europe. if you're just waking up, let's get you up on the markets. after two days of gains we are seeing asian stocks excluding japan opening lower. japanese markets are closed. a lot of asia and terms of the equity market is being hit as concerns around trade tension are resurfacing. if you look at the london metal exchange, the industrial metals declining. most by more than 1%. nickel leading. copper down by 1.5%. treasuries not trading right now, with japan's markets closed. you can look at the futures of you want to see where the action is. that 10 year yield to showing 3%,

"bloomberg daybreak: europe." -- this is "bloomberg daybreak: europe."got a monetary announcement from sweden's bank. we go to stockholm for the -- for that. manus: we have just been to russia but of course the central bank governor speaks as the imf in washington just hiked. should we just hold the line? anna: today the trump administration's deadline for public comment on terror of sunshine a, we have the reports that suggested that trump will apply tariffs to this $200 on chinese imports. we will see what we get later on today after the play. let's look at what is going in the markets are now. definitely seeing that emerging-market woes weigh on investors so far this morning. we do have modest gains in indonesia and malaysia but for the most part the asia-pacific index is actually headed toward a one year low. china down with an half a percent and naturally a down more than 1%. hong kong also down today headed toward a one year low. japan down 3/10 of a percent. there was a power outage there after the earthquake. i also want to zoom into the charts a

he stays with us here on daybreak europe. company says 2018 earnings will be lower than projected in february. key battle over its roundup. the latest on this story from berlin. volkswagen's cfo will be joining us on bloomberg for an exclusive interview at 11:00 a.m. u.k. time. an interesting shift taking place in the u.s. auto market. this is bloomberg. ♪ anna: good morning, it is 7:17 in london. a company with the rest of european equity futures it's adjusting it will be weaker at the start of the trading day. let's get a bloomberg business flash. juliette: general motors sales fell by 13% in august as the automaker pulled back on sales incentives, especially for full-size pickups according to bloomberg sources. the sales result trailed estimates for a 7.7% drop. that may have been dragged lower by a pullback in fleet sales or discounts as demand deteriorates. a spokesman declined to comment. ryanair's chairman of more than two decades is facing increased opposition for his reelection at the irish discount carrier's annual

this is bloomberg daybreak europe. cap: these are today's stories.tocks and currencies fall amid renewed concerns about contagion. president macri awaits the u.s. response. oil rebounds. the bti holds at $70 as investors weigh the threat of a major market storm on the gulf coast and rising opec output. budget business. italy's leaders begin discussions on their 2019 spending plans after the deputy prime minister promised to almost double the deficit. "-- how will the "lord of the spread" react? warm welcome to "bloomberg : europe." there was a lot of prevarication about which direction we would go. we get spanish unemployment. rising ever so slightly in london. more pain to come in brexit. the dax is up by 14 pips at the moment. some of the manufacturing indices are rolling over. inflation is out there as one of the big issues. a little bit of breaking news from our own region down here. it is, we have a confirmation, , wead a scoop last night are seeing you and be climbing of itsdhabi at the start three-way merger talks. moving markets down here. yo

welcome to "daybreak europe."getting a real sense of the reality of what is going on with trade wars. the reality is the chinese markets are lower. the japanese markets are higher. you have copper under pressure in london. would be traders, traders of the metals and -- in hong kong. london really feeling the heat. you have copper in london really getting battered. there is a different story in china. is there a resilience to trade wars? peter oppenheimer, we will get more later on, he says there is. the dax coming back to unchanged. likewise with paris. you also have iron ore under pressure. we are waiting for the next results. nejra: a bit of a mixed session in asia. you have the topics rising to -- aighest since the fed racing its loss. gains in japan fueled by a weaker yen. the yen hitting a two month low against the dollar. divergence?olicy we have had comments from the boj minutes and from kuroda. on the shanghai composite, that is lower by 0.7%. it is chinese equities the risk of sentiment relates to trade w

this is bloomberg daybreak europe and these are today's top stories.tacks -- stocks snapped the longest losing streak after the u.s. proposes talks. banks announceal rate decisions, economists predict a 325 basis points hike in turkey but no changes expected at the ecb and boe. apple launches its largest and most expect iphones but with now and your new features, willow price strategy whenever customers and investors? -- will a priced energy win over customers and investors? centralart with our big bank decisions, matt miller is late in frankfurt for the ecb plus yousef gamal el-din standing by. let me start with you, in many ways this is judgment day for the turkish central bank. a historic day for the central bank, the pressure is on and it is a hard-line to walk because they have a credibilityaining and they have to salvage the growth that is less. the expectation is for a 3.25% rate hike but it is a wide range just theations, it is other thing to bear in mind is new data shows the stakes are higher. inflation at a 15 year high and you have economic

welcome to daybreak europe.look at how european equity markets might open in just under an hour. is a positive picture in futures. europe could end the week on a high. we saw touch of weakness on the stoxx 600. we see a second day of gains in asian equities. ftse 100 and dax and cac 40 futures pointing higher by about 0.4%. take a look at what is happening in fixed income. we got that cpi inflation out of the u.s. yesterday. that played through into the dollar. scott thiel from blackrock reason wet was the saw euro strength rather than mario draghi's press conference. looking at the 10 year yield, we are dead flat steady at 2.97%. that is reflected in the futures picture. if we look at how the european bond markets might move, we have the cash market opening right now, not a lot seems to be happening in the futures market in terms of that btp-bund spread. scott thiel seeing opportunities in btp's. we are focusing on emerging markets. the turkish lira adjusting as much as 5% after we got that rate hike. 620 five

manus: this is "bloomberg daybreak: europe." . these are today's top stories. nejra: 10 straight days of declines, the longest consecutive drop since 2002. the hang seng falls deeper into a bear market. special summit, u.k. and e.u. are said be planning a meeting in europe to sign of brexit deal . and oil and gasoline futures jump as a category four storm hits to the united states. manus: seeking to make online sales by pretty much all countries by 2020. this is doubling down on that strategy. credits we saying we believe there still a treasure trove nature that still better than experience off-line. 2018 can be the sixth year of margin declines, there's nothing vast about growing that sector but you're seeing a concern about margins. and a wonderful piece, building more destination flagships and complemented deeper online presence seems to no longer drive sales. and athere are conflicting views -- thehether you want to online proposition. nejra: will be talking a lot more on this. it's just after 6:00 a.m. in london. if you're waking up in europe and you want

it is "bloomberg daybreak: europe."me to friday morning, this is a picture in the asian equity sessions. we are weaker on the msci pacific. a question for markets, will trump applied tariffs on $200 billion worth of goods from china. onther question being asked emerging markets, vulnerability to trade hikes. because of trump policy toward tech in china. also because the selloff we saw in the united states yesterday, there are questions about the viability of chip demand to react we are starting to see some appetite for the more typical safe havens in the context of this trade row that is taking place. the yen is gaining. the dollar had been the big beneficiary before, but we are seeing that appetite for gold, the swiss franc. be putting attention on trade talks in japan. also, the brazilian real. being taken from one emerging market to another in terms of our focus this week. , was in focusreal yesterday as stocks and currency rising in brazil, after the ofgic news of the stabbing the candidate, he was left injured but

that is it for "daybreak europe.ropean open" is next. ♪ nejra: good morning, welcome to "bloomberg markets: european open." i'm anna edwards alongside matt miller. matt: i am in zurich. we will be speaking with executives including the former ecb president. right now we are looking at chinese equities rising, oil prices near a four-year high, and yields at 3.1%. cash trade a less than 30 minutes away.

manus: this is "bloomberg daybreak: europe." nejra: one hour into new tariffs, neither side blinks as beijing calls off trade talks. markets in china, korea, and taiwan are closed. manus: two of the world's biggest lawyer -- oil traders expecting to $100 a barrel by 2019. nejra: comcast muscles outfox first guy. what will fox do with its stake? -- muscles out fox for sky. what will fox do with its stake? manus: the calls are getting louder. let's get more on that meeting of opec and its allies. annmarie hordern is on the ground. >> good morning. we could see once oil opened, it opened 1.4% higher, trading under $80 a barrel and not even , theurs after the meeting ministers met here in algeria, saying theytraders could see oil spiked to $100 a barrel by 2019. this is as tensions from iran hit in november. opec stopped short of giving exactly details on how much they would supply to the market. they say they will reach demand and do whatever it takes. signaling there is enough oil in the market right now. it will be interesting to

live in the studio, this is "bloomberg daybreak: europe." nejra: onwards and upwards. the federal reserve raises rates. pres. trump: basically i'm a low interest rates person. manus: an exclusive to bloomberg. emmanuel macron says he would welcome the u.k. back to the eu with open arms. >> are very special relationship for france and the u.k. italy tested. the city dell ceo says eu debt is his biggest worry. >> i would say is there a question we are more concerned about, it is a crisis in continental europe where because of the nature of the euro and the inability of countries to print their own currency, there can be a crisis which is too big for government as we think of it to solve. that is frightening. manus: welcome to the show. president trump making a lot of comments. we just heard the reaction to the fed. the was president accused beijing of interfering with 2018 midterm elections in retaliation for the bilateral trade war. >> earlier today and just now you made allegations against the chinese government. you suggest the chinese are meddling in -- pres. trump:

bob will be joining us on bloomberg radio's daybreak europe live program.:00 this morning. speaking to bob there are so stay tuned for that. up next, three weeks from the legalization of weed in canada, we will focus on investing in cannabis and one of our colleagues joining to talk to us about that. after that, we will talk to allison cooper. stay with us here on bloomberg. ♪ matt: welcome back. we have some breaking news here on daimler, the german carmaker says the long-standing ceo is going to step down from the management board in 2019. they're also saying a statement out of daimler that will look lenny us will be named chairman of the management board. amg formerly the tuning now a major part of the daimler business. very interesting stuff. daimler -- a look lenny us will kaellenius will be named to the board. more to come there. anna: let's check out the banking sector. news flow moves we have seen. let's have a look at the share prices. we do have some moves a little bit lower. 1.4% lower. the european banking sector is down by three tents of 1%. th

bloomberg daybreak: europe. xt. bloomberg daybreak: europe. ♪ >> emerging-market weakness spreads.he problem. the dollar strengthens and equities remain strong, a spotlight on problems in the rest of the world. executives from facebook and twitter appear before congress to explain russian election interference. google goes missing. daybreak. iloomberg am david westin here with alix steel. there is a lot of turmoil at the white house. >> what are you going to read? the question, one is, if it is bad, what does that mean? isn't that what we t

sandra is going to be joining us on bloomberg radio's daybreak europe, live on bloomberg's dab. more. guy: let's talk about the stock the owner ofiag, british airways and iberia. the stock is under pressure. why?? confirming they have a data breach. this does not involve data like passports, but it is it a significant blow for a company as data incredibly important. you have to punch and a lot of data when it comes to traveling. so what you're seeing is a big drop in stocks, trading at 63, 63,ch is kind of -- 6 which is kind of midway's. iag has currently 19 buys on it. i was talking to the boss of jetblue yesterday. thinkstelling me that he traffic or fares across the atlantic are a little toppy. i'm being polite. he's thinking of launching a jetblue service across the atlantic at a significant discount to the likes of iag. matt miller? matt: very interesting stuff indeed, and that's a route that's very popular. coming up, you can. latest polls put two traditional blocks in a dead heat ahead of this week's election. currency has been decimated this year, the head of this politi

he will be joining us live on bloomberg radio, daybreak europe.ng the next hour of that program, on bloomberg radio. up next, we talk cybersecurity. this is bloomberg. ♪ anna: good morning. this is bloomberg markets, european open, 44 minutes into the european trading day. when it comes to getting hacked, the saying goes it is not a matter of if, but when. how do businesses stay ahead? dark trace is is a cybersecurity company using machine learning to detect and response to threats. the five-year company reached a $1.5 billion valuation earlier this year. what plans they have to make good on that, we will see. joining me now is dark trace ceo nicole egan. start with the business it self. how do you use artificial intelligence to spot these threats before they emerge, to get ahead of wannacry or whatever else you see coming? nicole: we follow the principles of the human body's own immune system. we have skin that keeps us safe most of the time, but every once in a while we get a bacteria or virus inside, but our immune system has a rapid response.

manus: this is bloomberg daybreak: europe. these are today's top stories. nejra: em equities had a 14 month low. goldman sachs warns there remain more pain to come. games, russia and china demonstrate the unity with a joint military exercise. we are live at the eastern economic forum. a dose of realism. the pound jumps as a deal is achievable but michel barnier warns there are three major areas of disagreement. ♪ nejra: good morning, everybody, from hong kong to dubai, from lagos to london. we are seeing a little bit of quarters optimism in asian equities. the index mapping eight days of losses which was the longest losing streak since december 2017. tensions,e of trade perhaps an opportunity to buy these markets. 111.41.en trades at we are up 3/10 of 1%. the bloomberg dollar index overall pretty much unchanged. the yen is one of the g10 currencies at the moment weakening against the dollar. barnier from michel that a brexit deal is possible in the next eight weeks. cable holding on to the 130 handle. the two-year yield -- i know we look at the 10 year, but

this is "bloomberg daybreak: europe." testing the limits. a proposed 2.4% budget deficit. watch a btp's at the open. the sec accuses elon musk of misleading investors. shares fall as much as 12% this market. showdown on capitol hill. kavanaugh and for offer opposing accounts. president trump stands by his nominee and the judah judiciary -- and the judiciary committee plans to move forward with a vote today. good morning everyone. just after 6:00 a.m.. let's get a check of the markets. msci asia-pacific index up 0.4% after the u.s. closed higher for the first time in four days. meanwhile, dollar strength is what we have seen post that. the yen hitting its lowest point in 2018 against the dollar. for the quarter, the worst performance in g penn -- g10 have been the kiwi and the aussie. keeping an eye on the euro as well, below the 1.17 handle. we fell yesterday on concerns around italy. something to watch, particularly when the btp markets open. spread widened a little bit, but steady. we saw that yield jumped 10 basis points at one point in the session. the italian prime mi

. ♪ >> ♪ this is "bloomberg daybreak: europe geoeye m alix steel.nds away from the latest economic data here in the u.s.. s&p futures off by about 10. the european budget deficit percolates. take a look at that. italian banks off right 8% because they moved too much. euro-dollar lower. selling off in a big way. a little bit of safe haven buying here in the u.s.. economic data dropping right now. you.is what we can tell personal spending coming in 3/10 of 1%. sequentially over line with estimates. quiet 3/10y on par, of 1%. missing a little bit on the estimates. and one we always watch -- the core pcp a new year. it is what it is. target rate is at 2%. steady as she goes. want -- i don't want to speak for other people, but it looks like chairman powell is on it. alix: something to look at, too, is u.s. spending is cooling a little bit while inflation stays near the fed goal. the question is, will there be any ease through in tariffs into consumer goods to affect demand? that seems to be the question we pay attention to. is that what we are seeing now

this is daybreak australia which is two hours out from europe's first major markets. >> it is just past 6:00 p.m. here on a monday. good morning. over the six hours we'll be looking at reaction here in the united states and across the united states and how it will play into your asia trading day. markets here were closed because it is the labor day holiday. rising just a tad again on the first trading day of the month up 0.1%. we can see also in terms of emerging market currencies the argentinian peso still near the record highs weakness 38.4 ageps the dollar. the turkish lira at 6.6. that had come off the weakness earlier today because the central bank hinted that a rate hike might be in the cards at the september policy meeting. you can see the british pound at 1.28 there because there has been friendly fire as well as not so friendly fire from theresa may's colleagues in the u.k. as well as from the e.u. so that's your wrap of the major movers here for the currencies. haidi, over you to. >> we'll continue to watch emerging markets. argentina has come out with a plan to get back to fi

europe's trade turmoil. we dig into the vulnerability. david: welcome to bloomberg daybreak.side alix steel on the last day of summer. i think so. use it well. alix: after that, we can never see the sun. is ae markets, it quadruple witching day. everything expires. s&p volatility is now flat. the dow finally caught up and closed at a record high yesterday. it was a weaker dollar story and now it is a mixed dollar story, the dollar getting a little bit of steam from the conversation yesterday. a 3.07 time print on the 10 year. shape up andestors start to pay attention? that is the question from markets. david: they are yawning so far. alix: gold. david: we do not yawn at gold. time, the month of september -- sky and its did -- bid. sunday, the pga tour championship concludes. let's get an update on all of the things making news out of the business world. taylor: president trump indicates a trade war with china will not be a short one. in the wake of the latest round of tariffs, he told foxnews it is time to take a stand on china . the next round of tariffs take effect on monda

europe. coming up on bloomberg daybreak, look for randall kroszner, david westin in chicago with henry paulsonough the morning on washington. right now, first word news with taylor riggs. taylor: president trump is demanding the senate vote on confirming the supreme court nominee, brett kavanaugh. moments after his impassioned denial, the president tweeted that he was powerful, riveting, and on this. democrats,ashed criticized the media, and claimed to be the victim of a conspiracy. >> my family and name have been totally and permanently destroyed by vicious and false additional accusations. taylor: his accuser, christine blasey ford, testified first, told the senate judiciary >> committee she was terrified. >>i don't have all the answers and don't remember everything i would like to, but the details that brought me here today are the ones i will never forget. they have been seared into my memory and have haunted me episodically as an adult. >> the judiciary committee is expected to vote on a nomination today. the american bar association has called on the senate to delay a vote until the fbi

daybreak." as traders return from labor day, dow jones futures off by about 80 points. in europe a nice killing, although off the highs of the session, up over 1%. it seems we are getting more conciliatory language out of the government concerning budget for next year. in other asset classes, a stronger dollar story. on mostgoing to weigh currencies. nowhave south africa slipping into recession for the first time since 2009, the currency off by over 2%. ,he curve steeper in crude based on hurricane potential, up about 2%. even as we- david: are speaking, there are 'sadlines about mark bernie testimony, the bank of england government. one subject is brexit. they do not have a forecast for a no brexit deal. perhaps more interesting and important, he has discussed his term with the chancellor. he says there are many qualified -- governor candidates, and he cannot make an announcement for the government. he is not denying he is discussing with the chancellor whether he is staying on longer. alix: why didn't treasury hike if inflation is over your target? he has to justify himself. do

daybreak asia. : our next guest is the ubs.dent of theinda: this is one of most stable banks of europe.ve with sergio ermotti. good to have you in the studio. u.s.-china trade war, volatility in the markets, a strong dollar environment. what is investment sentiment? look at the financial markets, every asset class is fairly priced or highly price across the board. on one end, we see an all-time high being reached every day or every week. on the other end, when i look at client sentiment, i'm not sure they are so convinced about how resilient or strong the underlying macroeconomic assumptions are sustaining those markets. there are still a lot of liquidity. you see investors making sure they don't lose anything. but the conviction level is not very high. haslinda: not too optimistic, more realistic. can we expect some kind of correction? the american markets have been testing highs after highs after highs. >> trade tensions, joe political tensions -- geopolitical tensions, we are likely to see some kind of corrections or opportunities for markets and investors to step in and take advanta

daybreak asia. i am ramy inocencio in new york. yvonne: i am yvonne man. the bank of england over and ecb councilmember is pushing back on trump's accusations europe is manipulating the presidentng to stop his trade war rhetoric. >> the european central bank certainly is not manipulating the euro. our starting point of taking this is based on the economic growth,of europe, both employment and achieving our targets. we don't usually comment on other central banks, other currencies, but my reading of the situation is in fact the chinese yuan, renminbi has been weakened because of the effect of escalation of trade war, not because of manipulation from the central bank. rather to the contrary. reporter: do you expect trade war to cause risks to the european economic outlook as well? >> we don't seek direct impacts, and they are fortunately rather limited. on the other hand we have seen confidence impact. on the other hand which is potentially damaging for growth and employment. on the other hand the cease-fire with -- between the e.u. and the u.s. conceived by residents younger and trump -- ju president juncker and president trump has ceased, but more recently there

daybreak." i am alix steel. pretty calm. points.s up by about 75 s&p futures up by .2%. the ftse is the laggard in europe.g after you came retail sales came in stronger-than-expected. storyk low --r story, lowest level in about almost two months. in the g10 space, the norwegian krone is what you want to pay attention to. euro krone up by .7%. norway raised rates for the first time in seven years. that currency getting a boost earlier in the day, now off that level. my favorite, brent with a big spike lower. that is after you have president trump tweeting today saying he does not like the oil prices. he wants the pressure to be on. there is something called a nopec bill, and basically they could close opec to antitrust lawsuits. david: that happened in the way.s's, by the time for an update on what is making headlines outside the business world. taylor: north korea's leader kim jong-un wants a second summit with president trump soon, according to the south korean president who just returned from a visit to north korea. wants to take faster steps towards denuclearization if the u.s. safety.es his regime's i

daybreak. we are going to watch the currency market and the bond market. the s&p is down four point spirit the dax is getting hit in europehe dollar has yields in the u.s. grinding a little higher. dollar is now up .4%. cable is up. you've got rising yields in a weaker dollar, how does that square out? will we be able to sustain 3%. crude is up. that is the anomaly, you have coffee at the lowest level since 2008. the base metals are getting killed. it is pretty brutal when it comes to trade issues. david: let's look at what going on outside the business world. >> rising floodwaters of cut off the city of wellington, north carolina. they will airlift food and water to the city. florence has killed 17 people in the carolinas. cresting, days from it could take a while before environmental groups can take assessment. president has told aides to proceed with additional tariffs on chinese products. aboutas beijing thinking decline the offer for new negotiations. to republicans are calling for confirmed that confirmation of brett, to be delayed. kavanaughs said brett sexually assaulted her in high school. global news 24 hours a

europe and other parts of the world. that could be where the bigger ship comes in. david: potentially a huge market. alix: that does it for "bloomberg daybreakup, the open. colin rush and his take on the tesla investigation and what it can mean days ahead of earnings. this is bloomberg. ♪ . . jonathan: from new york city, and jonathan ferro. this is the countdown to the open. ♪ china promising in what weaponize its currency but data showing its trimming treasury holdings instead of another brexit summit on the horizon. austriars gathering in to discuss the u.k. exit from the union. elon musk struggling to put that sleep behind him. -- that tweet item. he could be facing a similar criminal probe. the bit of weakness creeping through futures, down three points on the s&p 500 off by .1%. on the fx market, the euro-dollar at 11675, up by .1%. china once again promising and what weaponize its currency even as the trade war with the u.s. escalates. the white house together with wall street weighing in. brexit has very little effect on us with a big effect on china.