david: peter dixon will stay with us.an tune into our colleagues tom keene and david gura on radio, bloomberg surveillance can be heard in new york and boston and the bay area in washington and all across the u.s. in sirius xm radio. this is bloomberg. ♪ taylo this isr bloomberg: daybreak. coming up next hour, dana peterson from citigroup. this is bloomberg. ♪ now to your bloomberg business flash. doubling its must annual profit forecast. give credit to the japanese company's new gaming console switch. it raise the numbers of switch consuls it will sell in a year from 40% to 14 million. thebig data scandal, company has withdrawn its forecast and says it will not pay a dividend. the steel company said its executives cannot predict how the scandal will affect earnings in the next few months. owens corning has agreed to by european insulation maker for a billion dollars. cbc capital partners is the capital firm. that's your bloomberg business flash. david: commodities are on the rise with brent crude touching above six dolla

dixon and us is peter william porter. both for sticking around.lieve brags it won't happen. talk to me about how you get from what we have today to brexit not happening. william: it's been frustrating for game theorists like myself are either brexit being oversimplified or overcomplicated. let me give my interpretation. we heard the magic word with merkel, coalition. we are dealing with coalitions on either side. we've done the work on eu, we decided it will hold together as a coalition. that means the uk's in a game of chicken with a concrete block. when you do that, you of a choice. you will collide or swerve. if you look at this from the point of view of the politics within the u.k. as a player and it is complicated. we asked a couple simple questions. where does the consensus come from for a hard brexit? it is not there. you can't say that a 51.9% referendum vote is it. the question is where does the mandate come from for a swerve? thatnk we can slowly see the u.k., rather than ordering a la carte from the eu buffet is now realizing how binary