i am jenna dagenhart. this is bloomberg. haidi: apple is taking a beating in late trading after posting an underwhelming forecast for the holiday period. the company will stop providing unit sales numbers. -- discussedgust the decision. >> we will no longer be providing unit sales data. as we have stated many times, our objective is to make great products and services that enrich people's lives and provide a good customer experience so that they are loyal and engaged. haidi: let's talk about this with mark. let's start off with the numbers in terms of that iphone unit number barely budging from last year. last year, we did not get new iphones and this year, we did. >> that is why it is a disappointing number. year, the iphone x had not come out yet. it was coming out two days from now. x wentt that the iphone on sale for a week and a half, almost two weeks and the numbers are flat. it is concerning. revenue numbers are up 29%. you can see exactly why they will stop reporting unit sales. haidi: some investors will say that yo

let's get to first word news with jenna dagenhart. jenna: it is predicted by remains.knows it is rising at a strong rate and the labor market continues. they added that risks to the ed balanced. the acting attorney general is -- said the current system is overwhelmed. they have blamed u.s. asylum rules. they plan toays issue a proclamation on friday. the washington post reported -- the officials saying filled limits could be announced as soon as next week. number.ng -- a growing smoking rates are the lowest on record. chairman saying elon musk will be reined in. a tesla insider has been on the board since 2014. she takes on the role immediately. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm jenna dagenhart. this is bloomberg. paul: time to check on asian markets. sophie, it has been a mixed bag for gaming stocks in tokyo. gaining ground despite a softer forecast result. company is maintaining its full-year forecast. saying the investment in its new business is going accord

let's get you to first word news with jenna dagenhart. jenna: north korean tv has announced the successful test of a new high-tech strategic weapon. korea monitored by south 's agency. identifying unidentified missile bases. president trump said the u.s. was fully aware of them and that negotiations remain on track. a new plan would be rejected by the british public. to-one. is opposed almost half of u.k. voters now want a second referendum. thinks thatne in 10 the u.k. will win a good deal. a hard brexit is now looking very tangible. sanctionss imposing on 17 saudi arabian officials over the murder of journalist jamal khashoggi. it is after the kingdom charged 11 people in the killing. level, from the highest but it was a rogue operation that went wrong. david solomonceo says he is personally outraged that the bank is linked in any way with a multibillion dollar scandal in malaysia. threeled the behavior of individuals reprehensible. it tumbled the most in seven years when malaysia amended a full refund. global news 24 hours a day, on air

here is jenna dagenhart.te president assertion that discussions with china are going nicely, the u.s. is keeping up the pressure. the justice department charged state owned company of conspiring to steal secrets from macron. they were indicted in california. the u.s. says it is stepping up measures to respond to alleged chinese that's. -- thefts. the u.s. and opec are raising supply and reduce sanctions against iran will not cut its exports to zero. opec production climbed to its highest for two years as saudi and libyan supply offset the loss of summer rain improved. a bloomberg survey says the cartel boosted it by 430,000 barrels a day to more than 33.3 million a day last month. that is the highest since november of 2016. a gauge of u.s. manufacturing fell more than six month lows with order hiring and pooling trade tensions with china escalates. the institute for supply management factoring index dropped to 57.7 last month from 69.8 in september. the measure of new orders also fell sharply. a two-month dec

first word news with jenna dagenhart.g protectionism and a lot of international cooperation threatens the global economy. it faces rising threats from trade disputes and higher rates. the group is cutting its forecast for global growth next 3.5%, saying% to uncertainty is adding to the slowdown. >> today's economic outlook points to a global economy that is losing steam. the imposition of new tariffs, uncertainty about further restricted trade options, are contributing to a marked slowdown in trade growth. investment andl threatening jobs and living standards. jenna: the wto will set up a panel to rule on the trump administration's latest accusations about china. a detailed report from the u.s. trade representative says tojing has done nothing improve its practices. it was released 10 days before president trump meets his chinese counterpart at the g20. the wto will determine whether china's trade policies violate international rules. the european union is stepping up its budget dispute with italy. rome'snomy chief says r

let's get to jenna dagenhart in new york.fter jay powell said interest rates are just below the neutral rain, leaving traders to ratchet back expectations for the number of hikes next year. between december 2018 and december 2019, eurodollar futures fell 25 basis points, the equivalent of one rate hike. he says they are not too far off the dollar's top. are still lowtes by historical standards and remain just below the range of estimates at that level that would be neutral for the economy. that is neither speeding up north slowing down growth. the imf says global growth may be slowing more than forecast two months ago. it is urging countries to pull back from a damaging trade war. suggests things that we further. christine lagarde says financial conditions have tightened in emerging markets. rise in significant risks are materializing. president trump has hinted at terrace -- tariffs on imported vehicles. he tweeted that the reason the small truck business is such a go to favorite is that for many years, tariffs of 25% have b

let's get you to first word news with jenna dagenhart. reporter: theresa may is claiming victory in her fight to win a brexit deal, saying she has got cabinet backing for her plan. she emerged from five hours to admit more battles lie ahead. seen as a collective decision which some are saying implies the vote was not unanimous. the euro skeptic has said he will not support the deal. the trump administration is defending the banning of cnn correspondent jim acosta, saying journalists have no constitutional right to enter the white house. they have been arguing in court with the white house lawyers saying the president has broad discretion over who merits a press pass. the judge said he would deliver his ruling later thursday. the first members of my been caravans heading to the u.s. border have arrived in -- migrant caravans heading to the u.s. border arrived in tijuana. more groups will arrive in the coming hours. local authorities offer shelter but most preferred to visit the border fence good one dropped to the u.s. side but ran back, b

i'm jenna dagenhart. this is bloomberg. thank you.t took a meeting that lasted five hours, but prime minister theresa may has managed to convince the eu. it would mean keeping the u.k. in a single custom zone with the eu until a solution is reached on the irish border and gives scope to extend the transition period. is here.hays the irish border issue remains a contentious one. it does look like some progress is being made. certainly theresa may got this deal. eu.pages agreed with the this is been going on since june of 2016. she did get her own cabinet to agree. one of our latest stories, on the brink as stories plot to kill her brexit deal, the growing revolt within her own party. at least two senior ministers are said to be considering while scores of conservative members are lining up to vote against the accord that her cabinet grudgingly agreed to. she said, look, it is my deal or you risk the hard retreat, you risk right -- risk chaos. it is something she has done the best she can. i am sure that is what she thinks. if you read

. ♪ >> i'm jenna dagenhart.moving wildfire has killed at least five people in northern california, and officials were the death toll will go higher. fire authorities say the blaze has practically wiped out the entire town of paradise. about 150,000 people have fled their homes including the city of malibu which has been ordered to evacuate completely. the fire has destroyed hundreds of structures. president trump says he is not spoken to his new acting attorney general, matthew whitaker about the russian investigation by robert mueller. there has been speculation whitaker was trying to rein in multiple -- mueller. a law-enforcement official tells the associated press the gunman who killed 12 people at a center in california posted the social media during the attack. he posted to facebook and instagram about his mental state and whether people would believe he is saying. authorities have not determined a motive. the european union negotiators say there is broad consensus with the u.k. on the structure of the brex

i'm jenna dagenhart, this is bloomberg. ♪ caroline: it's 2:00 p.m. in new york, 7:00 p.m.on. i'm caroline hyde. scarlet: and i'm scarlet fu. this is bloomberg markets: the close. caroline: havens reasserting themselves as global economic uncertainty from china to europe weighs on investor sentiment. chris conundrum. wti sets its longest losing streak on record as opec and its allies prepared to meet in abu dhabi. and the dollar revival hammering emerging markets. assets adding for risky declines as the fed moves to tighten. scarlet: first gets get a check of the market. a long week and are ending the week, it looks like, with losses in the three major indexes. the dow off i almost 1%, falling less than the other two major indexes, surprisingly, because of disney. the best performer in the dow. to give you more details on its offerings,onsumer the stock up 118. pg&e is the worst performer in the s&p 500. it is the utility owner that serves california, due to the wildfires in the region. caroline: we are seeing tech and energy get hammered, the tech is a focus today. scarlet

i'm jenna dagenhart. ramy: let's check in on aussie markets right now. sophie is on that. .9% for the benchmark led higher by material and tech shares. we see the i.t. index gained 2.4% and we have whitehaven: leading gains after being upgraded to hold. sinking as regulated flag competition concerns over the company's purchase. check in on the aussie dollar that change the most in four weeks on the jay powell dovish tone. trading attend a high ahead of third-quarter this morning. credit suisse is seeing downside risk for the aussie. softer prices and anticipation from the rba. november has been kind, the investment of 2018 with a gain of 3.25%. we have bloomberg jpmorgan asia dollar index out -- heating at a gain of 1% with worst performers in the indonesian rupiah leaving that to recovery. 5%n so, the index is down after seven straight months of declines. the dollar strength may lose momentum with the potential uptrend for the yuan. we could see more ahead. sophie kamaruddin in hong kong for us. the chinese leader made comments ahead of a crucial weekend talks with presid