the justice department is close to a sweeping deal in fugitive financier jolo to recoup almost anillion dollars looted from indonesian investment fund. sources say could be the biggest recovery and an anticorruption crackdown by the u.s. government. as settlement could be filed soon as this week in a california court. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. shery: live from bloomberg world headquarters in new york, i'm shery ahn. >> live in toronto, i am amber kanwar. welcome to "bloomberg markets." here are the top stories we are following from around the world. expansion.the it is a phrase that markets are waiting for. will jay powell signal a stop, pause, or continuation of rate cuts? the bank of canada maintaining its target overnight interest rate at 1.75%. canada hasoz says not been immune to the effects of a global slowdown. we will hear from him next. facebook and apple on deck. the latest tech giants reporting quarterly earnings today after the bel