net manus: -- manus: let's talk about your debt levels.ne of the most leverage plays in the copper market. you are saying your debt level is 1.04. what inroads can you make? ivan: we have one of the strongest balance sheets in the copper market. we are the ones that have the lowest level of debt to one point billion. strongest balance sheets in the industry. that makes us stand out among -- manus: i meant to say you are one of the lowest. my apologies. the market wants to see you make inroads on that. ivan: the focus is protecting the markets and not increasing -- protecting the margins and not increasing debt. it is unchanged. therefore we think we are keeping the fortress of our balance sheet and that is an important principle that we will continue to hold dearly. manus: the whole world wants to know whether copper will be balanced. we were talking about this rally . every thing else that you don't produce. copper has only managed gain 1.2%. d.c. rebalancing coming into the doper market next year -- you see rebalancing coming into the co

manus: welcome to this friday edition of "countdown." i'm manus cranny. the markets are moving and the equity markets are causing for thought. what does this mean? have a look at the dollar-yen. the volatility of the nikkei is dropping precipitously down. as we seen yen rise against the dollar. yothe yen is up to its fourth week of gains. the yen is the strongest currency in the g-10. what are the traders saying? buy the dips in yen and the rallies in dollar. the fx market literally saying japan, if youank of are going to intervene in this market, show us your hand. wti are both down, but the dollar has a slight rally, up .8%. it has had its worst two weeks on the down side since april. williams suggests that september is in play. 0.5%.llar index is down above 70 forp nine days in a row. this emerging market index is really taking hold. we are trimming the weekly gain to just .2%. llar-yuan, leading the declines in the asian currencies. and gold, what do you do next for gold? the dollar market goes slightly better. those are your markets. we have a lot to

manus? manus: thank you very much. is it the end of the crude rally? ceo of a commodities from, simon green shield, recommends shorting crude at $50. yousefdle east anchor joins us with the chart of the hour. short at $50? yousef: that's simon greenfield's call, the new ceo of what is a century-old commodity from one of the largest independent u.s. oil refiners, famous for churning out the likes of mark ritchie, founder of glencore. the let me show you why we are listening in this case. it is one of the most read stories. this is the chart you can see -- when he buys into phibers, right when oil bottoms out. since then, it has rallied almost 60%. he as been speaking to bloomberg and he has been saying, he doesn't expect opec to come to any clear agreement in terms of cutting oil production, but says the fundamentals remain bearish. he would also rather sell the rally than by. finally, he says this glut will persist through 2017. as we try to get more voices and perspectives ahead of the key informal opec meeting in on tears . -- in algiers. manus: than

i'm manus cranny. fed, what they speak about drives every single market, from stocks to bonds to the dollar-yen. let's check in on the dollar-yen . we have this dollar weakness on a divided fed. this do toue to thdoes the dollar-yen? are dudley's comments the more -- the more of today to comments of the fed meetings? let's look at the wrist radar because there is really a pervasive theme there. and that is the federal reserve. the dollar is down for the fifth day ina row. we have not seen a run of losses like this since the end of july. dudley's comments yesterday are perhaps, more of to up to date. topix is down by 1%. the dollar-yen is breaking the dollar level. we are seeing japanese stocks deal with the challenge and reality of a 20% rally in the yen. and the emerging market currencies, where the fed lapses or wanes in terms of what they will do. you have got the measure headed. currencyhe em perry i index, by the way. that is your risk radar. is standing by with the bloomberg first word news. rosa

manus: thank you very much.ief economist and managing director at g+ economics. .ash -- #btv this is the rate count -- the rig count rising. $47.51.ades that lena: from a top-down macroeconomic perspective, the energy markets in particular have become the academy of global imbalance. of globaltome imbalance. this inventory overhang has really become reflective of market concerns about the anemic global demands, particularly given highly leveraged emerging markets, declining productivity, lower return on investment in the global economy. on the financial side, week oil prices have come with a long period of low-flation. we are in a world of huge imbalances, imbalances between high financial inflation versus low real economy inflation. high velocity of money in financial markets, low velocity of money in the real markets. that creates systemic imbalance in the global economy. and lest we get some kind of lever in terms of growth, then it willation, remain a fixture of global financial markets. i have another chart

manus: thank you, juliette., theywith thjap will release details on their stimulus package in a few hours. threatened by strengthening yen and weak consumer spending the anna. anna: morning investment was needed to expand the world's third-largest economy. let's get more with our tokyo bureau chief, kevin. what more is expected from the package? ¥28 trillion. what more is expected? obtaineding to a draft by bloomberg, about ¥7.5 trillion of the ¥28 trillion will be in new spending. the rest will be in loans or some other form of financing. we also know the focal point of the budget will be on infrastructure. we expect that to focus mainly around building of high-speed rails and the expansion of ports to allow crews ships, targeting korean and chinese tourists to dock, especially along the ports in the sea of japan. manus: what about the impact in terms of the economy, the real economy? so, with the spending, much of this will not be immediate. the high speed rail that is expected to be in the budget, the spendin

manus: triple trouble.ization falters as investment and factory output slow and miss estimates. iang warns of years of brexit pain. our u.k. stocks more irresistible than ever? task. trumped the hillary clinton rips her rivals plan, saying it would put the u.s. in recession. party like it's 1999. s&p, dow, and nasdaq markets hit record highs amid a surprising earnings season. welcome to "countdown." i am manus cranny. let's get into the breaking data. germanynumbers for coming in for this quarter at 0.4%, double the estimate. the estimate was for 0.2%. we had seen a barnstorming's first set of numbers in germany that were way above anybody's estimate. -.7%.were plus the majority of this was pre-brexit. you're looking at jobless levels at the lowest since reunification. 95% of germans do not see any risk to their jobs. yes, it slows. it slows to 4/10 of 1%. that is double the analysts estimate of 2/10 of 1%. that is certainly going to be a relief to germany and a relief to the yesterday -- the rest of europe

manus: thank you.e looking at cable. we have rallied over 1% this week. what i have got for you is life after brexit. this is what i have found. this is the performance. the blue line is inflation linked to government bonds. the white line is british government gilts. gilts have delivered 10%. are you ready for more inflation? this market seems to be ready for more inflation. have they got it right? >> i have but to say, we have been keener on inflation projects overall globally because of the shift of the fed and the talk about the need to keep rates lower for longer. the creative thinking at the bog. -- at the boj. before our favorite market there had a pick up in u.s. inflation, in wages in par ticular. the u.k. lenders have also been very much in favor. is, we see what i think sterling this week. probably, that will take some heat off of the u.k. labor market, but eventually, we will be selling cable and u.k. lenders should continue to do very well. caroline: give us a sense of your view on boe pol

manus: stabilization in china. easing for the seventh straight month signaling improving conditions for the world's second-largest economy. asian trade is near a one-year high. barbecue and brexit. for consumer goods. the bank of england says more easing is likely to be required slows ink. economy line with survey signals. donald trump talks tax. he puts out his vision to return the u.s. economy to its glory days. good morning. welcome to "countdown." markets are big. equities are racing higher. is experiencing a he puts out his vision to return the u.s. economy to its glory days. stumbling blg block. we are on the longest losing streak since may of last year. sincengest losing strict -- streak since may of last year. people are beginning to really understand what the brexit means for the currency. barbecues beat brexit. do when thebrits going gets tough? shopping and have barbecues. retail sales are where the market has taken us. is there more easing or pain to come? let us look at the risk radar. i've mentioned e

manus: i am manus cranny. it is a big day for the bank. hsbc profit falls 545%. we have seen the stock open portrayed in hong kong. they are planning a $2.5 billion buyback. the removed the timetable. the headline, pretax trough it $3.61 billion. last year it was $6.6 billion and the estimates were for $3.9 billion. a recession potentially in the u.k. impacting hsbc. if you want to think about it on this scale, since 2011 they slashed 87,000 jobs. that is a bank in restructuring. downng in hong kong, 0.75%. anna: this is from the third-largest bank. net profit for the second quarter is 1.1 6 billion euros. that is above the estimate of 994 million euros. the bank also telling us the gain they have made on the sale of euro state. that bank went -- deal went through. many banks booked a gain on that. they are all but facing headwinds from the low interest rate environment. what will be key as we go through these numbers is the bread and butter of banking. this focuses on the french sector. by what has the bread and butter part of banking been hurt by that? lower in

manus: i am manus cranny. stanley fischer talking yesterday about are we more than one and done?a: a big question, really fascinated about negative interest rates as well, such a profile internationally in central banking circles talking about how negative rates seem to be working elsewhere, even know they're not on the table in the u.s. pointing out that that will be of interest, but what is of interest to the treasury market in particular is the hawkish commentary we have seen. manus: and it is just a flow, the middle of the curve has had the worst month since last year. we should look at the very short end, two-year government bond yields in the red, never far from the work function is anna edwards. what you have here is the probability of a rate hike, two-year bond yield in the red, two-year yields are having the worst august since last november. the yield curve itself, two years versus 30 is the narrowest since 2008, and this part of the yield curve is up by 15 basis points. definitely come as one of the commentators was saying a dangerous zone, consumer confidence in the u.

♪ manus: welcome to countdown. i am manus cranny.reaking news for you, thyssenkrupp, third-quarter adjusted earnings, 441 million euros. that was a beat on the estimate of 419 million euros. the profitability does fall. you still have a chinese exporting. third-quarter profit fell by 18%, but it still beats the estimate. 9.7 billion, the estimate at 10.04. they confirm the forecast of 1.4 billion euros, on the adjusted earnings. credibility falls by 18% in the them,r, third quarter for 441 million from 539 million just year ago. signs of recovery in the materials business. steel made earnings of 91 million, obviously down last year of 160 million. adjusting 39 million, so that is the state of affairs with tyson group. you have the headwinds coming hard and fast. the paris attacks, the turkey terror, the attacks in the south of france in nice. terror is very much front and center. third-quarter revenue at 3.6 million, that is down from this time last year, making 4.8 billion. just put this in context, turkey is about 14% of the overal

manus? manus: thank you very much. juliet turned it around, .ur since you and i last checked in in the market, the nikkei is big, tele-yen is marking an outcome of an sentiment has shifted. -- yen is rocking it out, and sentiment has shifted. that comingave seen through. the nikkei up by 0.9%. the yen giving back some of the gains it has made over the last couple of cycles. stuff hase the export done a lot of the heavy lifting. still sing a little bit of flat movement coming through on the shanghai and asia markets. hong kong looking good. it has about two hours trade left to go. it is doing quite well by the lunch break. they came through. they very much missed the mark. cafÉ is saying that it's second half could look quite challenging. that has seen a big drop in its -- cathay saying it missed its second half could be quite challenging. australia has turned around, up 0.1% on the clone. southeast asian markets looking a little bit mixed at the moment. i want to show you these currencies that have been moving. the yen really giving back to the

manus?anus: thank you very much. the crude retreat. oil falls for a second day today, extending its losses from a seven-week high. $48, nymexng at $47 on the nose. guest,et to our bloomberg markets middle east anger with the chart of the hour. yousef? yousef: good to see you. let me break this down. for a change in not necessarily nigeria is driving sentiment in the last few hours, specifically nigerian oil production, because the prospect is some of it could be coming back online. the latest news is that we are awaiting comments from the nigerian government on a proposal to end hostilities. it would, of course, be a remarkable step forward. the thing is that we have had this in the past, these signs of reconciliation, so the analysts at commerzbank are urging caution. what you are looking at here, the yellow line, is nigerian oil output, down from over 2 million barrels at the beginning of the year -- a 25% drop. 500,000 barrels off the top. that is an amount of supply that could come back

manus. manus: juliette, thank you very much. and 8% rise in the second quarter profits this morning. setting low provisions for bad loans. ceo spoke to bloomberg. have a listen. >> the methodology which has been fixed is very severe for markets, for example the attention is 35% shot on the liquidity in the u.s. our business model is very .xposed on market equities the methodology is impacting us a bit more. the point is on the risk, credit risk less impacted. --ning the credit portfolio the operational risk is the same than the average. the methodology is underestimating the capacity of the bank to generate additional capital in the future. clearly we will continue to build up additional capital. situation, the .rexit which is a real stress you so how sufficient we managed this stress. even this stress is affecting the market, because we have devastated we can manage very securely. caroline: the of the stress is being discussed. that's plenty of stress is being discussed -- 20 of stress being discussed. -- how can this keep that

manus: great.ou for being with us, luke hickmore. ," ing up on "on the move have finally worked out which show i'm on and it is not "countdown." we will get a reaction from the company ceo of qantas. this is bloomberg. ♪ caroline: let's update you on the situation in italy. at least 21 people have been killed after the 6.2 magnitude earthquake hit the center of the country. you are looking at live pictures of the scene. really, the disruption is quite severe. they are also reporting that at least 100 people are missing in the town of pescara del tronto. the u.s. geological survey says the quake struck 140 kilometers northeast of rome. we will keep you updated on the grave situation hitting italy this morning. now, let's get back to the earnings season. miss, butlighslight qantas is reporting a record profit. joyce says he is optimistic about the future, adding that the company could more than quadrupled its fleet. >> i am more than excited about the future for the qantas group. we had the delivery

manus? manus: thank you. the federal reserve vice chancellor jeremy fisher has signaled a 2016 rate hike is still under consideration. he says the u.s. economy is close to meeting the fed's goals. days before janet yellen speaks of the annual symposium in jackson hole. let's welcome our guest host for the next hour, the senior economic adviser at hsbc, stephen king. great to have you. representation -- what better way to show us? the last week minutes, how close are we? consumption at 1.6%, it is interesting they come out a week before jackson hole. >> event like everyone at the fed is trying to position themselves for the jackson hole story. everyone has their own opinions about what should be done. john williams in san francisco talking about the idea that the structure rate of interest is much lower than has been the case previously, less room to raise rates that have been the case. at the end of last year, the fed's brought expectations were for increases. it's not like they are to grappling with unusual

manus: a political death sentence.sident rousseff nine-month impeachment process reaches a fevered pitch. it looks like the senate is standing strong. anna: spain's acting prime minister, rajoy will hope to avoid a third election in a year. but the socialists are not playing ball. that is straight ahead. this is bloomberg. ♪ anna: welcome back. 1:47 a.m. in new york. u.s. trading day had a nice pop yesterday in the post jackson hole environment. that is carrying through to the asian session. flash broughtness to you from hong kong. apple is said to be developing new features for the ipad. to cater to professional users along with new desktops. software upgrades for the ipad includes wider operating support with accessories. the first mac hardware includes new versions of the laptop. the company hopes to ship the updated software next year. investment bankers are said to be a among 17 employees in web left voluntarily since the japanese bank cut pay and personnel in the americas. the investment bankers were managing dir

manus? manus: skepticism abound. are slowing. and that is possibly going to usurp sentiment. yousef gamal el-din, thank you for joining us. speaking of the putin and was thet erdogan, this first meeting since the downing of that warplane by turkish forces. ouring us from moscow, editor very good to see you. how significant is this meeting between the two? >> this is really a big priority for both countries to demonstrate, that ties are back on track and they will fight concerns that they might be isolated by pressure from the last, so they really pulled out all the stops to show that they're getting back to being friends, being in a czarist palace outside of putin's hometown. they had a meeting, as well as a larger one of business groups. manus: this is greatly important to focus on donald trump, the world theater of politics. putin i'm not isolated, and turkey, i can do what i want. how quickly is his likely to happen? how real is this? greg: on the economic front, there is some skepticism on just how fast it will happen. most of the ties were broken after the downing of the

caroline, manus? manus: nejra, thank you. let's check in on some of the japanese assets.ulus. i can tell you this. you have the dollar-yen appreciating ever so slightly. mr. yen told us yesterday, helicopter money is not going to help. up marginally. everybody is literally poised and waiting. we saw a little bit of a backlash in terms of the overall demand. jgb's hit levels we have not seen since april, in terms of yield. are we hitting the end of the road in terms of that drop in negative yield? withokyo bureau chief is us. he will fill us in, in terms of the official confirmation we are waiting for. the headline number is 28 trillion yen in terms of actual spending. is that going to be enough to move the dial here? reporter: no. i think 7.5 trillion yen will not be enough. the actual spending from the government, including loans, is expected to be 13.5 trillion yen. but, as you know, we expected to see the spending. half of that is expected to focus on infrastructure, which means the building of the high-speed rail and cruise ship ports. the actual spending will not hap

manus: meanwhile, the u.s.futures have risen the most since december of 2012, the sign that the rallies have succeeded. i am just looking at this. you have got kaplan and deadly udley, both trying to shift our thoughts on rate hikes. this is the dollar and the probability of a rate hike. the market says there will be no rate hike until september of next year. early dislocated? -- are we dislocated. are we really that far apart between the fed and ourselves? >> they are pricing some probability, about 4% of a hike in december. i think we are getting towards a point of complacency in the bond market in general with very low yields across the world. unfortunately, part of this is because, even if the fed is trying to lean against this bond bubble, there is every other central bank in the world that is easing. you got the boj, that has already. some more using. -- that is already done some more easing. last, you got more ecb qe to be discussed in september. every other central bank in the world is easing. the balan

anna and manus. manus: they say that all derivative products have halted trading.y the cash products continue to trade as normal. they're working resolve the issue. they'll up date us as soon as they possibly can. and this is due to a technical issue at the moment. >> let's talk about some of the onflicting data we've had. in july, the government's rating slipped while the kei chen rised last year. malcolm, good to speak to you again. give us your thought the clear take awhat from this as we look to conflicting issues on the public versus the private manufacturing assessment. >> we can say that things are not getting worse. it looks like the government stimulus is leaving the economy in this sort of holding pattern which means it's compensating for some of the sluggishness we're seeing. one of the details in the government's official p.m.i., the one that was a big soggy, it showed that new export orders were weakening. that's yet another indication along with some sluggish career data, yet another indicated that the chinese economy isn't going to get any help from

manus. manus: yeah, mark, a good morning to you.some liberty numbers to the second quarter gold production -- what kind of guidance can you give us the rest of the year? you said we have overcome some of our production issues and some of the minds -- in some of the minds. mark: if you look at -- the lower guidance that we put out two weeks ago. the bali is on the track to be that. the gold process is helpful. the back and waited production profile for this year plays into a higher gold process going -- looking forward. anna: tell us about the gold price. looking at a chart and it looks nice for 2016. it looks better than the last few years it how much difference does that make? $100.we declared at looking forward as you talk about the bank of england, i think globally it is going to be a bit twitchy, the gold price for the next quarter, because people have got to get their head around what is going to happen to interest rates. in the longer term, it is a very solid outlook for gold good anna: a very solid a look good do you think th

manus. manus: let's get into the markets. david ingles is standing by.buying etf's like gung ho. of course i think you're talking about the boj really ramping up. last policy announcement. have a look at dollar, get to the other asset classes. the story is we're getting enough tick and starts as far as biomarkers a concerned. that doesn't board what -- by well for japanese investors. dollar yen back to 1.01. -- back to 101. really through the mckay 225 all over the place just really through the nikkei 225 all over the place. -- really through the nikkei 225 all over the place. the reason i have any charm of is the other team across forfeit japan is a much stronger yen could you charm came in with earnings. one of things that stood out is they blame the japanese yen on why they had to bring sales profits and net income are two things when you look at japan, fairly negative. that's in the day on a fairly positive note. we are continuing to see this bank of england cut -- yields are on the way down. are as show you where we far as these bond yields in asia

manus: just the job. asian equities climbed towards one-year highs, lifted by friday's strong nonfarm payrolls number. the dollar strengthens and expectations for a fed rate hike increase. staying sluggish. china's latest export data. meanwhile, deteriorating imports raise concern. and setting stimulus. why bank of japan's review of monetary policy has most analysts expecting more action. ♪ manus: good morning and welcome toc." ." and welcome to "countdown it is risk on, in case you have not noticed. the msci asia-pacific up 1.19%. asian stocks are heading towards a one-year high. the s&p hit a record. the probability of a rate hike 47%. adding for, drillers the sixth week in a row. trades.nds and oil the hedge funds are adding to their short that's at the biggest and most aggressive pace since 2006. so a bounce in oil on the fact that the opec nations are not planning to revive their freeze talks. the biggest casualty of the jobs , we lost 1.9% on friday. and dollar-real does not start trading until afte

manus: yeah. and glenn, part of when they got there bailout, part of the rules that you have got to get rid of this. they went on the road of creating a standalone bank. the reality is that in a 0% world they reviewed on the measures. they spent millions trying to do that but it is off the table. it has been the bane of their life, because this in part goes toward -- i know dividend is a fantasy, but this trade sale is what we expect to happen. of course there are stories that santander is at the top of the bidding process, but he would not be drawn. europe would not be drawn in terms of the favored nation states, but that has got to happen. would they recoup the money? that will beat half. 1.3 billion pounds on this process lost as far. anna: the ceo described to the task as the most complex technological challenge and banking. daniel morris is still with us. my gadfly columnist, lionel laurent, wrote a great piece. saying theytion will be responding to the governor later on this year by saying,

manus is one of the two offshore detention facilities australia uses for asylum-seeking migrants. many of those at the manus island facility have spent years in detention and suffer from mental health issues. the australian government has so far said none of those detained inmanus would be resettled australia, but the head said he would welcome the resettlement. >> particularly for families, as long as they don't present a security or safety risk, are

manu: i'm sorry. and afterwards she still went back and said everything that james comey said confirms what i said to the public and that -- then launched into this very legalistic answer about the emails, a very convoluted, tortured explanation. gwen: i sometimes wonder if that is on purpose, she knows it's con voluntary -- convoluted and twisted and hard for the average lay person to get. alexis: but the price she's been paying is in the trust numbers in polling. she's had to address that over and over again. she addressed that again on friday. she continues to say i regrets, it's a mistake and keeps saying how she's working to earn back the american electorate's trust she said on friday it makes her feel bad. gwen: that is a real achilles heel. phil: and here we are a week after the democratic convention in philadelphia, trying to recaft -- recast her as someone with good character. but still in the polls, ericans have not -- that opinion of her. gwen: but trump's numbers continue to improve. >> th

manus: if the demand problem, not a supply problem. manus: i think every bank is different.or us, it's probably more of a demand problem, certainly not a supply problem. , theome of the other banks lending facility will be helpful. manus: will you pass through the cut? >> we will look across our asset and liability products and do what we think is fair. manus: the governor had a clear message. you have no excuse. you will pass it on. >> i'm not going to sit here and commit we are going to pass it on, but we will be looking at it. manus: the one thing that came out yesterday, we are heading to a zero interest rate world in the u.k. how are you going to deal with that. how are you modeling to deal with that? how are you preparing to deal with 0%? manus: as you shop a couple weeks ago, -- saw a couple weeks ago, we are putting ourselves in a position that if we needed to, and it would help if we didn't need to, to be able to look at how we get to a fairer balance between liability customers and asset customers. we have 85 billion pounds of non-interest-bearing on demand deposit

anna: manus, thank you. manus cranny at the bank of england. and inflation report. the will bring you that's 12:00 u.k. time, followed by mark carney's press conference half an hour later. that will be fascinating to hear from him. stay with us. pulse." "the francine lacqua starts the conversation. she will have a lot to say on the state of interest rates, the low interest rate environment, the shape of the u.s. yield curve. no doubt those will be topics of conversation. we are live from london, and this is bloomberg. ♪ francine: we are just hours away from the bank of england rate decision and inflation report. investors expect connie to change course and cut interest rates. government bonds slip into negative territory and brexit triggers market uncertainty. we will hear from the ceo of one of the world's largest gold producers. after dipping into the bear market earlier this week, u.s. court's holding gains, sending emerging market currencies higher.

manus: i am manus cranny in london. 5:30 a.m.e counting count the beginning of the european trading day. gentleman, a good day to you. trump it -- economics. moody's says that his plan could cost the economy a recession and nearly 3.5 million jobs. i am manus cranny in london. 5:30 a.m. we are counting count the beginning of the european trading day. what does it really mean for the dollar and american equities? that is the question we will be putting to anna. the old stories make the best stories. -- their and romney economic plan seems to be what he is channeling. if you are apple, you might be quite happy. we are spending on barbecues. trump-brexit. this is the reaction is interesting. the longest losing streak on the pound since may of this year. when the frenzy of the reality of brexit was coming into play. down went the pound. the longest losing streak, down for five days. we have not seen the like since may 9. the brits go into crisis mode, unlike the irish, the go sbrits pping. keep an eye on the pound in terms of where t

"countdown" is next. ♪ avtk"0 manus: japan disappoints.ding contracts, exports struggle. stocks are lower. $50 oil in sight. brent crude rises 43rd day. -- rises for a third day. london properties are taking longer to sell this month despite a summer price cuts. a focus on results in an hour. brexit gloom. the data this week that will show the early effects. first account, infon

una joven talentosa artista manu manzo bienvenida. >>> ¿cÓmo estÁs?.no tiene que ver con eso. >>> tuviste un novio que trabajaba en esa industria esa? >>> no la canciÓn dice ex novio. >>> no quieres saber nada de de Él. >>> nada. >>> para definir el estilo musical ¿cÓmo?. >>> fuciones de muchos gÉneros que me gustan como te decÍa de la semavez pasada este disco es urbano y mÁs pop pero con elementos del jazz. >>> voy a ir mÁs alla me disculpan bien permiso veo desde aquÍ algunos tatuajes y cuÁntos tatuajes tienes. >>> trece. >>> todos chicos. >>> lindos. >>> y tambiÉn vemos que tienes un puiercingpiercing. >>> es el Único que tienes. >>> sÍ. >>> el Único. >>> no sigamos averiguando seÑores vamos a disfruto dar de mÚsica de manu manzo y su ex ex ex novioes adelante. >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> ♪ .. >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> (♪mÚsic

manus? manus: mark, very good morning to you. breaking numbers for you.ond-quarter gold production, 281,000. what kind of guidance can you give us for the rest of the year? we've overcome some production issues. the guidance for the rest of the year, pretty assured? mark: sure. we will make up for the lower gardens or the revised gardens that we put out two weeks ago. thate on track to beat 600,000 ounces. the gold price is very helpful. the backend weighted production profile for this year plays into a higher gold price going forward. anna: where are we now? at a chart, it looks nice, better than it did for the last few years. how much difference as that made to your business? we play it at $1000. looking forward, as you talk about the bank of england, i think globally it is going to be a bit twitchy. the gold price for the next quarter or so. people have to get their head around what is going to happen to interest rates. in the longer term, it is a very solid outlook for gold. anna: do you think the nervousness geopolitically, with that in mind, how sus

manus: and i manus cranny in london. 531 in london.are coming down to the european market opening. countdown kicks off in just under 30 minutes. we are going to be keeping our eyes closely trained to the bloomberg for nestle. nestle organic sales expected to come in at 3.7%. this is the world's largest food company. yakima -- what's going on? america is a critically important market for this country. they have not made their target. 5%y have set their target of or 6%. they have not had that for a number appears. they have a new ceo coming in next year. we are in this sort of slight hiatus period of time. cream'sand high-end ice . i know i am a big consumer of all those products. yousef: sure is early in the day for ice cream, manus. perhaps that's the way to start to -- the way to start the day. manus: absolutely. syrian the u.k., what do the brits do when they go in our times? they go shopping. coming out.il sales we are looking for 3/10 of 1%. what does it take to rally? -- the jobs numbers came in, and they were not as bad as you an

manu is live in manchester.>> kelly ayotte and donald trump have sparred on a handful of issues and kelly ayotte is trying to use that to her advantage to show herself as an independent-minded senator. what we found in our interviews yesterday is that the clinton-trump race is having a pretty significant impact on this critical senate race. >> six years ago new hampshire senator kelly ayotte rode an anti-obama wave into office, now battling the headwinds cause bid her own party's nominee, donald trump. >> you've said you support donald trump but you don't endorse him. >> i said i i will be voting for him, but i have sig any disagreements with him so i won't be endorsing him. >> what's the distinction between endorsing and voting? >> there's actually a big distinction. everyone gets a vote. i do, too. but an endorsement is one where i'm out campaigning with someone. while he has my vote, he doesn't have my endorsement, and i'm going to continue to focus on my race. >> you won't be campaigning with donald trump if

manus: you will go on? >> we will certainly be looking at it. > manus: we are heading to a zero interest rate world potentially in the u.k.. how are you going to do with that? how are you preparing to deal with 0%? >> as you saw a couple weeks ago, in terms of terms and conditions we have put ourselves in a position that, if we needed to come and we hope we would not need to, to be able to look at how we get to a fairer balance between our customers. we have about 85 billion pounds bearing onrest demand deposits. that is a tough place to be in a zero interest rate environment. i think we are heading into an environment that is structurally lower, in terms of profitability, for the large u.k. banks, and going to make it banks.for sub scale manus: can you tell me what's going on in the u.k.? is the demand dropping off? the data you see since the 24th of june, what is it telling you? >> we are the biggest commercial bank in the country, and we have seen for some time a slowdown among our corporate customer bas

joining me today on studio 1.0, no manus, gv ceo. thank you so much for being here. bill: thank you for having me. toly: you are hand-picked create the venture capital fund in 2008. you have limited investing experience, no clout in silicon valley. how with those early years like? shared was sitting at a office space, sitting next to a corporate development intern who happened to be the founder of instagram. at the time, we were trying to figure out what we were going to do. i was certainly not picked for my clout or experience. in part, my lack of experience has led us to develop a sort of unique model. emily: the story goes that you were going up and down, knocking on doors, trying to get people to take you seriously. career has been a progression of not being taken seriously in volunteering for jobs that i was not qualified for. saying,irm to firm here's what we are thinking of doing, and some took a seriously, and gave us great advice, and still do to this day, and some litter the last. laughed at you? bill: i will not name names, but they probably are not laughi

manus: let's get some more details on this deal. who initiated this?i have not gone to anybody the company is a fantastic company. whoever wants to be in business will find aramex the best out there. .hey came others have come also, but i thought this group was the best suited to help the company in the future. manus: there is a sense that this is part of a wider platform to use aramex to build a regionwide e-commerce business. can you run us through the thinking and rationale? >> i cannot speak for him. his record and his view on what he was to do in the future is out there. lectures,n giving giving statements about e-commerce and what is happening , but e-commerce is happening in the region. it is growing massively. whoever wants to be in that space needs a backbone, and infrastructure play that gives you the last mile, and aramex is effectively the last mile company that all e-commerce serious in the region and other parts of emerging markets will sit on top. it is an enabler of that. i just want to get a sense of the earnings potential of aramex th

they both spoke with cnn's manu raju who is joining us from new hampshire.ow big a role is donald trump playing in that new hampshire race? >> reporter: pretty significant, kate. everywhere you go democrats are trying the tie kelly ayotte to donald trump. donald trump is losing handily to hillary clinton in the state, down eight, nine, ten points, even down by 15 according to one poll. so kelly ayotte needs to run significantly ahead of donald trump if she wants to hang on to the seat. but what puts kelly ayotte in a bind, kate, is she needs donald trump supporters. afl after all, he won this state's primary by a healthy margin in february. when i asked kelly ayotte about donald trump, she had a little verbal gymnastics, we should say, about her support for donald trump. >> what's the difference between endorsing and voting for. >> there's a big dipgs distinction. endorsing is where i'm out campaigning with someone. while he has my vote, he doesn't have my endorsement. i'm going to continue to focus on my race. i think the people of new hampshire deserve to

let's begin our coverage with manu >> reporter: it's quite possible, john. just two weeks ago, republicans left their nominating convention saying they were more united than ever. we've seen donald trump lurching from one controversy to another, and many in the party keeping their distance from their own nominee. turns out that unity was just papering over deep-seeded divisions. >> i don't regret anything. i said nice things about the son. >> reporter: republican leaders and donald trump's own campaign staff frustrated with their candidate. sources tell cnn even trump's campaign manager paul manafort is upset with trump. the tipping point, trump openly challenging the parents of slain muslim soldier captain humayun khan. >> this person is not fit for the office he's seeking. >> reporter: trump refusing to drop his fight with the gold-star family, despite the urging of senior staff and failing to stay on message and attacking hillary clinton. >> i was hit very hard from the stage, and you know, it's just one of those things. no, i don't regret anything. >> re

declining to say whether he'd finish his term if elected and the poll his close in florida and cnn's manu raju is there. what's at stake and we don't have results just yet. >> florida has become ground zero for the battle for control of the senate which is why republican leaders urged lobbied marco rubio to run for the senate seat and he ultimately did. what rubio wants to see tonight say large margin of victory and that will be critical for him tonight and he wants to see a 20-point loss that he suffered from donald trump in the presidential primary and said that he has got the republicans behind him and now he can take the case to moderate voters and independent voters here in the state. two other races to keep watch for tonight, anderson. one, debbie wasserman schultz, the former dnc chairwoman who has come under criticism for her handling that race by bernie sanders and his supporters that she was tilting the scales to help hillary clinton. she's facing a spirited challenge from a man named tim canoba backed by bernie sanders for his florida house seat and a member of congress and dem

let's bring in manus cranny at the boe.n years but the first move for the bank of england in seven years. manus: absolutely, and rights have never been this low since 1694. the question comes down to the numbers, will it be eight to one or 90? what action will they take? sterling has been on a one-way trip since 1971. we have fallen a long way. tom: when i look at this announcement, what is the positioning of the city right now? as short can be. moved to reward is to be a lower bound with a 1.25 bid. no qa, a wait until the autumn statement. that is your risk and that is your reward. francine: manus cranny in front of the bank of england. he will update us in about 10 minutes. policye on the boe's announcement, charles duhamel joins us. you wrote a scathing note on july 18 on mark carney and the fact that he almost preempted a brexit would be so volatile that you question the more it -- the merit of having a foreign head of investment bank. i think getting the policy right is extremely has becauser bank the monetary conduct

manus: just the job.ities climbed towards one-year highs, lifted by friday's strong nonfarm payrolls number. the dollar strengthens and expectations for a fed rate hike increase. staying sluggish. china's latest export data. meanwhile, deteriorating imports raise concern. and setting stimulus. why bank of japan's review of monetary policy has most analysts expecting more action. ♪

among those in attendance.be they think him in the pan at that with a suicide squad clinton another manu thata dc comics adventure top the box office for a third straightic weekend and 0 pinpoint of something so small beginning to pick up for checking up route it is 5:56 a.m. at the big party for pok?mon. thousands of people putting their skills to the task in a competition focus on the popular game. if they had to don fpo to get hi guys! got the birthday girl a drum set. drum set? oh you guys must have time warner cable. this is gonna be some party. yeah, their free home wifi lets us connect all our devices at the same time. and there's no data cap, so... the kids must love that, huh?! hey, there's the birthday girl! let's get this party started! get more with time warner cable internet. like unlimited data and speeds up to 50 megs. uploading! call now. get 15 megs for $39.99 a month. call now. ?? ?? ?? ?? that's why state farm protects them - together - to help life go right. combine and save. talk to a state farm agent today. time flies when you're having fun. a few minutes untilil th

m.j., david, manu, thanks to all of you. we'll hear more from hillary clinton today at a rally at 3:45 in las vegas. >>> we'll also hear from president obama again today. he has a live press conference from the pentagon at 4:15 eastern. we'll be monitoring these events and bringing some of it to you live right here on cnn. now we've heard from gold star families who are angry at donald trump after his feud with the khan family. now we hear from gold star families who support him. up next i talk to a mother who lost her son in afghanistan, and she just met with donald trump yesterday. let's start over here compwith this aluminum bed.eds. you put your toolbox up here... whoa! that's a big hole. that is unbelievable. now let's check out the roll formed steel bed of the silverado. same spot, same empty toolbox. took it way better. the steel held up. this summer find your tag and get 16% of msrp cash back on select remaining 2016 silverado pick-ups in stock. that's over $7,500 cash back on this chevy silverado. find new roads at

david chalian joins us from new york and nia-malika henner doin'son, manu raju and ryan liz zha.e the polls telling us? >> these are blue states the last couple of elections but pr precisely the states donald trump is trying to turn around to get to the electoral votes. from east to west a 15-point lead there, 47% for clinton in new hampshire, 32% for trmump, huge lead in a small battleground state but important battleground state. look at pennsylvania, also a double-digit lead there. hillary clinton leads donald trump by 11 points in pennsylvania, and if you look at michigan, the third state that we had a new poll from today, that's pennsylvania there 49-38, if you look at michigan it's a nine-point lead, 41% to 32%. this is the territory especially pennsylvania and michigan that donald trump had the most likely path to 270, try to up-end the rust belt, get those white noncollege educated working class voters to rise up and come out and support him and right now, off of her very good convention, she is sitting pretty in these key battleground states, wolf. >> what more can you t

manu, first to you. this was a bumpy road getting here.hearing about how it came about and the impact of trump's endorsement for ryan now? >> well, this has been viewed by the paul ryan campaign as nothing more than a distraction, this endorsement, nonendorsement issue that's been going on for a while. paul, who has very little chance of pulling off an upset tomorrow night, ryan is a lot for this race. what is of bigger concern for paul ryan and congressional republicans is whether or not donald trump's standing in the polls will hurt their ability to keep control of both the house and the senate this year. the democrats need to regain 30 seats. it's a pretty uphill climb to take back the house majority. but if donald trump continues to struggle in those battleground districts, that's the major concern for the house. similar re similarly, the democrats need to take back four or five seats. if donald trump is losing by eight to ten points in those battleground states, it would be impossible for those incumbents to hang on. i got a chance to