jonathan: from new york city, for our viewers worldwide, i'm jonathan ferro. bloomberg real yield starts right now. coming up, investors shaking up weak data, hoping to resolve lingering macro issues, as broader credit for zane's more cracks are showing in leverage loans. looking for clues beyond the next rate cut. we begin with the big issue. debating whether we have seen the worst of it. >> the u.s. is in a good spot. >> manufacturing is weak globally. >> on the going to see something as bad as 2015 in terms of a global industrial recession? probably not. >> numbers are going to be weak through the balance of the year. >> you are starting to see some signs of bottoming out. >> maybe there is some downside there. >> the data will continue to decelerate into the third quarter. >> maybe we get some positive news out of brexit. maybe that leads to a short-term pop in yields. >> we should see growth improving by the fourth quarter of next year. >> this could be the bottom, so it may get better from here. jonathan: joining me around the table, colin robertson, kat

jonathan: from new york city for our viewers worldwide, i'm jonathan ferro. bloomberg real yield starts right now. ♪ day.g up, it's groundhog optimism making a return around the same old issues, pushing 10 year treasury yields above three-month bills for the first time since july. let's begin with the big issue. it's groundhog day for trade talks. >> this is groundhog day, groundhog week, ground hog month. >> a ping-pong ball going back and forth. >> every few times we make some progress and roll it back. for late february, trump did not meet with chinese officials and there were press conferences afterwards, and they agreed to have the chinese by a little bit more soybeans. two days later, trump declared a truce. that never really led to anything. >> we have been wrong optimistically the entire time. >> they have had a couple of years to try to come to compromise. >> we are right where we started 18 months ago or so. >> applause is good, but until i see a rollback of some of the tariffs that went on recently, i have to go with our leading indicators, which a

jonathan: from new york for our audience worldwide, i'm jonathan ferro. "bloomberg real yield" starts right now. ♪ jonathan: coming up, a decent payrolls report helping to reduce investor anxiety after a run of weak economic data puts investors on edge, making treasuries lower and pushing high-yield spreads wider. let's begin with the big issue, does a decent jobs report change anything at all? >> it didn't change anything in terms of the assessment. >> it wasn't as bad as it could have been. >> this is a muddled, middle report. >> a muddled report. >> a bit of a mixed bag. >> employment growth decelerating. >> it is consistent with some slowing. >> the manufacturing slowdown is continuing. >> but it is happening at a very gradual pace. pressing on the break. it is not a falling out of bed moment. >> it is not a flashing red, the economy is falling off a cliff number to me. >> not falling off a cliff. >> not enough to do anything. >> the market is priced in for an october rate cut. >> we have to pencil in a fed rate cut in october. >> for those looking for

." ♪ caroline: i'm caroline hyde in for jonathan ferro. this is bloomberg "real yield."ant to go to the auction block, and we begin in asia, where japan's corporate debt market hit a record low yield offering a big fat zero. toyota motors will offer two tranches of ¥20 billion in three and five year bonds each on october 25. high-yield issuance slow this week. charter communications so on investment grade notes. the proceeds of the offerings will be repaying a portion of the company's debt. in the u.s., direct hitters came out in full force at the new auction, the highest direct share on record. meantime, while investors flight to quality pushed on average prices of lower rated leverage loans. goldman sachs says riskier debt is still there. they said they are starting to find opportunities where we are willing to go down in quality. they think the market is being to bearish in quality and are finding good value and mid quality high-yield. my guests are still with me. what does that mean, mid quality? bob: the degree to which the up and quality trade has worked this year,

mario draghi host his final news conference. ♪ caroline: i am in for jonathan ferro.s "real yield." time for the final spread. over the next week, we have the canadian prime minister fighting to stay in power in the country's general elections. tuesday, existing home sales data out of the u.s.. wednesday, mark carney speaks at the house of lords. thursday, mario draghi's final rate decision before handing the reins to christine lagarde. still with us, my guests. i'm going to go straight to number three. the last one. the handing of the baton from draghi to christine lagarde. you sound optimistic there are still things central banks can do. what do you expect she can pull out of the bag in terms of incentivizing germany? bob: my confidence that the central banks will ultimately end up in these more innovative operations is not really centered on the ecb being the leader of the pack. the political structure relative to the monetary policy structure is so inconsistent, the lack of coordination of political or fiscal makes it really hard for the cooperation that i referre

jonathan: from new york city i am jonathan ferro. bloomberg real yield starts right now. ♪ investors shaking off a week data hoping to resolve lingering macro issues as broader credit remains resilient, cracks emerging and leveraged loans. looking for clues beyond the next rate cut. we begin with the big issues, debating whether we have seen the worst of it. >> the u.s. is in a good spot. >> the u.s. is still falling and manufacturing. >> manufacturing is weak globally. >> will we see something as bad as 2015? probably not. >> numbers are going to be weak through the balance of the year. >> you may see some signs of bottoming out. >> if we see pmi's in decline maybe there are some downsides. >> this will continue to decelerate into the first quarter. >> maybe we get good news from a trade deal out of china or out of brexit. maybe that leads to a short-term pop in yields. >> we should see growth improving by the first quarter of next year. >> this could be the bottom. it might get better. is colin joining me robertson, kathy, and jim

." ♪ jonathan: i'm jonathan ferro, this is "bloomberg real yield." want to head to the auction block now and begin over in europe, where greece became a member of the region's negative yield club, the country selling 487 million euros at 13 week bills, drawing a yield of -0.02%. in the united states, the government's $16 billion auction of 30-year bonds was awarded a yield of 2.17%, the lowest 30-year auction on record, and in leveraged loans, eight deals launching for a total of $8 billion this week, despite several cracks appearing in the market as the index fell to a fresh nine-month low. the recent shift in sentiment leading investors to flee, some to shakier issues. note the following -- people want the wealth of falling loans and are more wary of taking chances on the situations that have turned negative. with me around the table to weigh in, andy charlton, michael purves, george bory. what is happening with loans right now, is it anything more than just saying, you know what, leverage loans? i do not want floating rates right now, the rates ar

larry kudlow was on earlier on talking to jonathan ferro. nathan asked him about whether or not it was china responsible for the manufacturing slow down that we are seeing. far the biggest problem we have regarding manufacturing and manufacturing exports is europe. that may be numerically probably true, but isn't europe just an extension of the trade story? isn't europe just a victim? erik: he is completely wrong. the story, as far as i can judge his we are in a long drag of slower manufacturing, and a lot of that has to do with china. china cannot keep growing at 6% or whatever they grew. they are coming down, and what we have seen for over a year's global trade coming down to growth rates no more than 1.5 or 2%, which is recessionary. then, all of the innocent bystanders, europe in particular, germany are being caught between this mess between the u.s. and china and tariffs and uncertainties. investments start to drop and when investment drops, trade drops. europe's problem is germany has been way too exposed to asia and traded manufacturin

i'm jonathan ferro. ts right now. ♪ jonathan: coming up, beginning the fourth quarter with stocks advancing. japanese sovereign debt at the epicenter of the selloff, sending yields higher worldwide. as the trade war simmers, president g tellingly chuck -- president xi telling the chinese people there ride is unstoppable. here is your tuesday morning price action. futures bid up eight points on the s&p 500, positive .33%. yields up eight basis points on the 10 year to 1.75. a little bit more on that later. we begin with the big issue. leaving behind a messy quarter. >> it has been all about trade. >> the trade war. >> uncertainty around the trade war. >> the trade war has an impact on the global growth. >> the bar is for global business. >>

." ♪ i'm caroline hyde in for jonathan ferro. this is bloomberg "real yield."uctiono go to the block, and we begin in asia, where japan's corporate market debt hit a record low yield offering a big fat zero. toyota motors will offer two tranches of ¥20 billion in three and five bonds each on october 25. high-yield issuance slow this week. charter communications -- >> we want to take you to the international monetary policy. >> how are you doing, what is your secret sauce? how are you achieving the kinds of returns and the numbers you put up this week? >> welcome, everybody, thrilled to be here. i don't pay that much attention to quarterly earnings. for most companies, that where you earn money this quarter, decisions you made over the last 5, 10, 15 years, technology built, things you inherited. building, branches, people, clients, services, unit by unit, business by business, try to create competitive advantage, if you can. >> james. >> i pay a little attention to it. maybe i have to more. ago, we went about de-risking the business model, building businesses t

i'm jonathan ferro. " starts right now. ♪ jonathan: adam neumann stepping down from the board of we work. 30 minutes until the opening bell. here is your tuesday morning price action. equity futures firm or four points on the s&p, up another .1%. in the fx market, the euro weaken the dollar stronger. treasuries bid. yields lower, down four basis points to 1.76 on the u.s. 10 year. let's begin with the big issues. the u.s. versus the rest of the world. >> the fundamentals in the u.s. have justified the strong outperformance of the u.s. versus international markets. of the euromentals zone are significantly

i'm jonathan ferro. " starts right now. ♪ jonathan: coming up, global equities rally. the president says trade talks are going well. crude jumping up after iran's has a missile struck one of its tankers off the saudi arabia coast. sterling surging. a pathway to a deal. here is your friday morning price action. what a 24 hours. upadd weight to the s&p 500, 27 points. positive .9%. the dollar weakened the euro firmer. treasuries on offer. we reclaim 1.70 on the u.s. 10 year. let's begin with the big issue and a little bit of optimism. >> it seems they are converging towards a deal. >> things are going well. >> mood music is turning more positive. >>

i'm jonathan ferro. starts right now. ♪ up the weekendg passing without a breakthrough. the prime minister pushing to passes brexit deal. japan and south korea. the latest signs the trade dispute is hitting the global economy. the fed's final word doing little to reship rate cut bets. good morning. here is your monday morning price action. futures at session highs and through the thousand, up 12 points on the s&p 500. year.on the 10 the euro unchanged on the dollar of 1.1161. let's begin with the big issue. without a breakthrough, the brexit story spilling into a new week. >> looking at the weekend event, they were definitely an anti-climax. >> brexit does have its own sense of time. >> mp's have not rejected the deal. >> boris johnson's position is

. ♪ jonathan: from new york city for our viewers worldwide, i'm jonathan ferro. l yield" starts right now. ♪ jonathan: coming up, it's groundhog day. optimism making a return around the same old issues, pushing 10 year treasury yields above three-month bills for the first time since july. the fed announces it will buy billions of t-bills every month going into 2020. let's begin with the big issue. it's groundhog day for trade talks. >> this is groundhog day, groundhog week, groundhog month. >> we have seen this before. >> a ping-pong ball going back and forth. >> every few times we make some progress and roll it back. >>

i'm jonathan ferro. open" starts right now. ♪ jonathan: coming up, global markets whipsaw by convicting headlines the head of trade talks in washington. the white house at securing a concerns the -- a currency package that could see next week's tariff suspended. equities in total limbo. 30 seconds until the opening bell, here's your thursday morning price action. futures lower, down .1%. all over the place overnight. treasuries up, yields higher two basis points. the dollar a lot weaker against the euro. euro-dollar at 1.1025. let's begin with the big issue. markets whipsaw by convicting trade signals. >> a lot of volatility. >> more volatility. >> uncertainty. >> on-again, off-again trade uncertainty. >>

i'm jonathan ferro. open" starts right now. ♪ jonathan: coming up, global equity markets held hostage by headline risk ahead of this week's trade talks. president trump pushing back against a partial deal before china's delegation arrives. the administration moves to blacklist eight chinese tech firms. with 30 minutes into the opening bell, here is your tuesday morning price action. equity futures down 18. in the fx market, a stronger japanese yen and a weaker dollar against the euro, with euro-dollar pushing 1.10. in the treasury market, yields head south. 1.52 on the u.s. 10 year. let's begin with the big issue. the mood music turning shower. -- turning sour. >> i'm struggling to find the good news against all of this. >> the chinese have been clear about not wa

i'm jonathan ferro. ts right now. ♪ jonathan: coming up, equity markets inching lower ahead of this week's trade talks in washington as chinese officials signal they are looking to narrow the scope for a deal with united states. defensive dissent. fed presidents are not ready to support further easing. with 30 minutes until the opening bell, good morning. here is your monday morning price action. futures negative eight points, well off the lows of the session , down .33%. the euro re-approaching 1.10 on euro-dollar. issue.egin with the big china looking for a trade deal. scopena has limited the of their negotiation topics. >> the chinese have come out with their first opening gambit for the straight discussions. >> that means whatever deal they come uph

i'm jonathan ferro. en" starts right now. ♪ jonathan: coming up, market whiplash. headlines caught between increasing u.s. china trade tension. chinese officials still hope they can partial deal despite an ugly start of the week. waiting for the minutes from the feds last meeting. jay powell leaving the door open for another cut. 30 minutes until the opening bell. good morning. here's your wednesday morning price action. futures positive 22 points, up .3%. the euro firmer, we approach 1.10. yields grind higher, up two basis points. let's begin with the markets whipsawed by trade headlines. will get those gyrations over the next few days. >> on-ai

i'm jonathan ferro. "the countdown to the open" starts right now. d macro issues lingering. the s&p 500 sitting within 1% of record highs. china continues to slow, posting the weakest gdp growth since the early 1990's. boris johnson battling to sell his brexit deal. with 30 minutes until the opening bell, here is your friday morning price action. the s&p 500 going absolutely nowhere. euro-dollar firmer, up to 1.1148. treasuries unchanged at 1.75. that is how we close out the week. let's begin with the big issue. china gdp continuing to slow. >> china is in a difficult economic situation today. q3 may notrowth in continue in q4. >> growth is slowing. >> i think it will go below 6%. >>

i'm jonathan ferro. ts right now. ♪ jonathan: coming up, following a tough start to the fourth quarter equity markets are looking for stability. as the global growth scare brings the fed back to the table, facing pressure to cut rates once again, with every single data point becoming that much more important. a read on u.s. services is coming up next. good morning. here is your thursday morning price action. futures up to point, positive .1%. treasuries bid for a six straight day, yields lower two basis points on the 10 year to 1.58. the dollar doing a lot of nothing. euro-dollar around 1.10. let's begin with the big issue in new york city. in the depths of the third global growth scare of the cycle, is the ending any different. joining me is chris harvey of wells fargo

jonathan ferro in the united states. i will be joining him in london.is bloomberg. ♪ guy: from london, i'm guy johnson. romaine: this is "the european close" on bloomberg markets. let's get a quick check on bloomberg first word news with courtney donohoe. courtney: the trump administration's firing the latest shot in the trade war. bloomberg has learned the administration is moving through with limited capital flows in china. china is outraged against the nba is getting worse. says it willctv not show nba preseason games. this started with a tweet from the houston rockets general manager expressing support for the hong kong protest. the nba commissioner spoke with reporters. >> it is not something we expected to happen. it is unfortunate. that -- if those are the consequences of us adhering to our values, we feel it is critically important we it here to the values. silver says the leak will not tell players or team executives what they can or cannot say. one measure of inflation at the wholesale level dropped by the most in more than four years. last mo

i'm jonathan ferro. " starts right now. ♪ jonathan: coming up, the eu reaching a brexit deal with boris johnson. a deal with parliament remains elusive. wrapping up the big bank earnings on wall street. morgan stanley reporting solid results. ignoring china and a bill supporting hong kong protesters. here is your thursday morning price action. equity futures up 10 points on the s&p 500, positive .33%. treasuries higher by a single basis point to 1.75. on one currency to watch the fx market, cable north of 1.28. that is where we begin, with your big issue. we have a deal. >> is short-term good news. it is not quite a no deal brexit. >> the math is still in the balance, but the incentives for mps

of 1%., up 7/10 jonathan ferro is a new york and i will be joining him in london, live on radio in theea and around the world on bloomberg devices. ♪ this is bloomberg. ♪ romaine: live from new york, i'm romaine bostick. guy: from london, i'm guy johnson. this is the european close on "bloomberg markets," and we have the first word news. reporter: emmanuel macron blocked the attempt to delay brexit for three months. the u.k. may not know if it will get an extension until hours before it is set to be rejected. emmanuel macron wants to grant the delay until november 30 or sooner. the goal is to put pressure on the british parliament to approve the deal. california's biggest utility admitted its equipment may have ignited a wildfire burning in wine country today, despite blackouts being imposed across the region to prevent places. pg&e had a powerline failure and sonoma county moments before a wildfire broke out, earning 25 square miles, prompting evacuation orders for 2000 people. joe biden has unveiled a labor plan aimed at middle-class voters, which would help workers unionized and pro

jonathan: from new york city, for our viewers worldwide, i'm jonathan ferro.eal yield starts right now. coming up, investors shaking up weak data, hoping to resolve lingering macro issues, as broader credit for zane's more cracks are showing in leverage loans. looking for clues beyond the next rate cut. we begin with the big issue. debating whether we have seen the worst of it. >> the u.s. is in a good spot. >> manufacturing is weak globally. >>

jonathan ferro is in york, i will be joining him in london for the cable show live on dab digital radioe london area and around the world on all of your bloomberg devices. this is bloomberg. ♪ romaine: u.s. manufacturing ism hitting a 10 year low stoking fears of a global slowdown as the economy looks like it could be nearing a stall. citizensined by financial group chairman and ceo. we got the ism data yesterday. we got an adp report today that showed a little bit of softness. the trendline if you look at a five-year average is the lowest we've been since 2010. what people want to know is not so much about what is going on in our factories but if this bleeds over into consumer spending and whether it cracks sentiment to the point where it could tip the economy deeper into a slowdown. bruce: i do not think so. i think the consumer has been strong and has contributed to the underpinning of the u.s. economic strength. the consumers 70% of the u.s. economy. right now unemployment is at historic lows. you have wages increasing 3.2 percent and inflation at 1.5%. so fed has cut rates consumer

it will be a topic of discussion on the cable tonight when jonathan ferro and i take to the air on thee hour on dab digital radio in the london area and around the world on all of your bloomberg devices. this is bloomberg. ♪ >> north korea and the u.s. disagree on how talks in sweden went over the weekend. pyongyang says it does not want to hold more discussions until the u.s. withdraws its policy. the trump administration call the talks "good." north korea has been urging the u.s. to ease sanctions at the same time it has been staging missile test. british prime minister boris johnson is not backing away from his threat on brexit. , johnson repeated his pledge to take the eu out of the e.u. on october 31 if necessary without a deal. he got a boost from the scottish record data from the scottish court -- from the scottish court. the nba trying to diffuse a political firestorm in china. the league apologized after the general manager of the houston rockets tweeted his support for the protests in hong kong. that led chinese companies to suspend ties with the team. the rockets, one of the

jonathan ferro is in new york. i will be joining him in london.are around the world on all your bloomberg devices. this is bloomberg. ♪ vonnie: live from new york, i am vonnie quinn. guy: from london, i am guy johnson. this is "the european close" on bloomberg markets. let's check in with first word news. here with the details is courtney donohoe. courtney: there is a deal on the eu.ith the deal was reached in time for eu leaders to assess it at a summit that begins today. northern ireland's democratic unionist party says it cannot support the deal. that will make a topper for boris johnson to push it through parliament. the u.s. ambassador to the eu said president trump told him to deal with rudy giuliani on ukraine. gordon sondland is giving closed-door testimony on capitol hill. he said he realized later rudy giuliani had an agenda to get ukrainian help for the 2020 campaign. end of a g.m. strike could still be a couple of weeks away. today officials from the united auto workers will decide to have their membership vote on a deal. they will als

jonathan: from new york city, for our viewers worldwide, i'm jonathan ferro.l yield starts right now. coming up, investors shaking up weak data, hoping to resolve lingering macro issues, as broader credit remains, more cracks are showing in leverage loans. looking for clues beyond the next rate cut. we begin with the big issue. debating whether we have seen the worst of it. >> the u.s. is in a good spot. >> manufacturing is weak globally. >> are we going to see something as bad as 2015 in terms of a global industrial recession?

jonathan ferro is in new york. i will be joining him in london.igital radio in the london area and around the world on alvear bloomberg devices. this is bloomberg. ♪ vonnie: live from new york, i am vonnie quinn. guy: from london, i'm guy johnson. close" onhe european bloomberg markets. let's check in with bloomberg first word news. here is ritika gupta with the details. tika: china wants more talks before finalizing the phase one trade deal. the agreement could be signed next month. the chinese also one trump scrap a plan for tariff hikes in december. the u.s. decision to abandon its kurdish allies is reverberating on the battlefield. syrian government forces are pushing close to the turkish border after striking a deal with turkish fighters. they are warning they may not be able to secure camps holding islamic straight militants. at least 43 are dead after the most powerful typhoon to hit japan in decades. more than 110,000 military and civilian personnel are engaged in rescue and cleanup operations. every reins lead to flooding and mudslides in

i am joining jonathan ferro in london on radio in the london area.his is bloomberg. ♪ mberg. ♪ guy: breaking hombres it. boris johnson -- breaking news on brexit. this was at a private meeting. mp'sory conservative party at a private meeting. boris johnson telling them it is not clear we will get there. may be trying to manage expectations when it comes to the possibility of a deal coming. we had seen the e.u. chief exit negotiator. the suggestion is the longer it is held off for, the more chance of a possibility of a deal taking place. you can see the reaction happening right now. vonnie: holding onto most of its gains, versus the u.s. dollar. one of the leading brexiteers is steve baker as well as the chairman of erg. says the deal could be tolerable. he spoke after hearing boris johnson. he said that erg would wait for a legal text before any final decision. it is still all up in the air. time now for a stock of the hour. it is bank of america, rising to the highest since august 1 should taylor riggs has more -- august 1. taylor riggs has more. ta

jonathan ferro is a new york, i will be joining him in london.gital radio in london and around the world on all of your bloomberg devices. this is bloomberg. guy: -- this is bloomberg. ♪ romaine: live from new york, i'm romaine bostick. guy: from london, i'm guy johnson. let's check in with bloomberg first word news to see the details with courtney donohoe. courtney: a warning from boris johnson. of parliament defeats his brexit proposal and votes for another delay, he will scrap the deal and call an election. later today, johnson will find out if he has any chance of getting his deal approved. he will also learn of it will happen before october 31. it is reported the p.m. is ready to expect a 10 day brexit delay. iraq pushing back against u.s. troops leaving syria. the country says american troops cannot stay there. the defense secretary -- u.s. defense secretary says forces pulling out of northern syria will go to iraq. president trump ordered the bulk of u.s. troops in syria to withdraw after turkey began its military offensive. hundreds of th

we have a perspective on what is ahead in a conversation with jonathan ferro. seen the bottom in yields. at one point we had negative yields. we have drifted away over the last couple of months. are you confident we have seen the bottom in global bond yields? >> i am not confident. i would not bought -- not bet on them going low again. there is the policy side pushing rates down and the other is the economic side. i am confident central banks understand that they shouldn't into negatives. i can't move forward and i can't move back and i don't like where i have been. that is not a great place to be. so policy affect is done for now and on the other side, i am not sure the global economy is bottoming out. if anything, i think we will have another round of downward revisions in imf forecasts. we will have europe in recession year. think 20/20 is a recession? mohammed: recession next year for the euro. fiscaln: don't get on and is 2020 just a muddle through? it will: yes because have difficulty responding. >> coming up, more compelling conversations. the man is see

jonathan: from new york city for our viewers worldwide, i'm jonathan ferro.l yield starts right now. ♪ day.g up, it's groundhog optimism making a return around the same old issues, pushing 10 year treasury yields above three-month bills for the first time since july. let's begin with the big issue. it's groundhog day for trade talks. >> this is groundhog day, groundhog week, ground hog month. >> a ping-pong ball going back and forth. >>

. ♪ >> i'm jonathan ferro. -- were real yield "bloomberg real yield" starts right now.decent payrolls --ort helping to root reduce reduce investor and site he after a round of weak economic data puts investors on edge, making treasuries lower and pushing high-yield spreads wider. does a decent jobs report change anything at all? >> it didn't change anything in terms of the assessment. >> it wasn't as bad as it could have been. >> this is a muddled

. ♪ jonathan: from new york for our audience worldwide, i'm jonathan ferro.al yield" starts right now. coming up, a decent payrolls report helping to reduce investor anxiety after a run of weak economic data puts investors on edge, driving treasury yields lower and pushing high-yield spreads wider. let's begin with the big issue, does a decent jobs report change anything at all? >> it didn't change anything in terms of the assessment. >> it wasn't as bad as it could have been. >> this is a muddled, middle type

jonathan ferro is a new york, i will be joining him in london. digital radio in the london area and around the world on all of your bloomberg devices. ♪ from london, i am guy johnson. romaine: from new york, i am romaine bostick. this is "the european close" on bloomberg markets. guy: let's get an update on first word news with courtney donohoe. courtney: day two of trade talks between the u.s. and china in washington. this is steven mnuchin leaving the trade talks. negotiators have been trying to end that 18 month dispute. president trump meets later today to meet with the head of the chinese delegation. that is expected around 2:45 p.m. china is opening the country more to overseas financial firms. it seeks to remove -- the foreign investment cap. typhoon could drop as much as 30 inches of rain on the tokyo area this weekend. damaging winds are forecast. the government is warning residents to stockpile necessities before it is too late. say the typhoon resembled one that hit the region in 1958, which killed more than 1200 people. that unprecede

jonathan ferro will be in new york, i will be in london.d the world on all of your bloombergaround the world on alr bloomberg devices. this is bloomberg. ♪ s bloomberg. ♪ vonnie: live from new york, i am vonnie quinn. guy: from london, i'm guy johnson. this is "european close" on bloomberg markets. let's check in with bloomberg first word news. ritika: china marks the 70th anniversary of the communist takeover with a parade in beijing. president xi jinping declared china's rise is unstoppable . >> today socialist china is standing in the east of the world. no force can shake the foundation of this nation or stop the chinese people in the chinese nation from forging ahead. police in hong kong, fired tear gas at protesters. thousands marched in demonstrations across the city. the demonstrator was shot by police. today in taiwan divers are searching for victims after a towering arch collapsed and sent an oil tanker falling on boats in the water below. at least 10 people were taking to local hospitals. it occurred hours after the typhoon swept

jonathan ferro is a new york and i will be joining him in london.n dab digital radio in the london area and around the world and all of your bloomberg devices. this is bloomberg. ♪ guy: from london, i am guy johnson. romaine: from new york, i am romaine bostick. this is european close on bloomberg markets. the trade talks resuming today in washington between the u.s. and china and bloomberg has learned the white house may roll out a previous currency agreement with beijing as part of a deal. plus the tariffs on chinese goods scheduled for next week may be suspended. we are joined by kyle bass, the heyman capital and edge mint founder and cio. we have seen a lot of the positive knee-jerk reaction to the prospect of a trade deal, or at least some sort of detente in this fight. i am wondering if you see a longer term net positive for the world economy for world financial markets should a trade deal get struck this week? kyle: it is important to break down whether or not we are talking about the national security of the united states or talking about an

coming up later today after the jobs report, jonathan ferro."bloomberg surveillance." work.re jolt for we the comedy told employees jobs cuts will take place as soon as this month. about 2000 jobs could be eliminated. that would be 16% of their headcount. some of those cuts could be jobs in business units that may be spinal. united airlines is ramping up efforts to fill a looming gap in the number of pilots. united is offering new financial perks to pastor career advancement. the airline figures must have its pilots will retire over the next decade. it needs to recruit about 10,000 flyers to make up for that. that is the bloomberg business flash. francine: boris johnson has been given a week by the european union to revise his brexit plan. unconvinced.s signs the proposals might finally get the support of u.k. parliament. the prime minister looks like you might have to oppose problems coming the opposite problem to theresa may. no deal and brussels. kallum pickering is still with us. you have three or four options open. which is the most likely