ramy: adam haigh. forget to check out our gtv library for some of the charts you just saw adam pull up on gtv on the bloomberg terminal. one more story we are watching today, china is said to be exploring a megamerger between two of its three wireless carriers. combine china unicom and telecom would create a company with 500 million mobile phone subscribers, but knows -- no decision has yet been made. david, we were talking over the break just now that the 5g jump is something china can do. in the united states, we are limited because of technology already in place. david: we are behind. they are moving faster than we are. we talked about it off-camera. a merger like this, where you don't have to worry about an antitrust lawsuit, that is not going to happen here. 5g is 400 times faster than some member like that. it facilitates so many new developments, driverless car's, pilotless airplanes. rolling that out in china is huge, and they are hell-bent to do it. ramy: we are talking about beijing layi

ramy: i am ramy inocencio in new york. golf.trumps mexico says canada must be in a post-nafta deal. china rebuffs criticism of the belt and road initiative. xi jinping says he's not interested in "vanity projects." yvonne: to start things off with breaking data in south korea. inflation numbers for the month of august, month on month-wise, ticking up. year on year, the 2% target. seen mixed signals where inflationary pressures are not there anymore. square that with some of the rebound we have seen in exports as well and we see that in these gdp numbers. ramy: taking a look at the gdp revised numbers, quarter on quarter, 0.6% according to -- that is against consensus, 7%, so just .1% missing that. against 2.9%ctual for the consensus survey. all right, off of those raking lines out of south korea, let's get you up to speed with what has been happening in currencies. in the united states, we are still on labor day holiday weekend. that's bring those up and talk been really a story about dollar strength as well as about crise

ramy: i'm ramy inocencio. you are watching daybreak australia.'s see how markets fair this week. we are joined by the pepper stone head of research. good to have you. as we look ahead, uncertainty is the best way to cash this because with the u.s. and canada, trade talks uncertain, and looking at the u.s. and china, tensions coming up, tariffs, how are you looking ahead in terms of optimism, pessimism and positioning in the market? chris: it is business as usual. there will probably be an extension this week. equities will continue to find buyers fairly active. you will see companies, the biggest themselves. the s&p, it can maintain 2900 and credit spreads, it will give backbone to the equity markets and continue to appreciate. in the rates market we are getting to a state with the fixed income market where we may's the seasonal backup and yield -- in yields. last week, we will see that continue. you are getting fairly messing -- messy trends, but with the aussie and qe, you can see currencies. you can see the currency staying above. you: i have

ramy: it expects to settle u.s. investigations into alleged sanctions violations in the coming weeks and that any final penalty will be within estimates. the bank says it has entered more active discussions with authorities looking at dollar transactions involving countries under u.s. sanctions. socgen has set aside $1.4 billion for expected fines. all right. still ahead an exclusive interview with the former thai prime minister on his hopes for an election next year and the prospects for his democrat party. all that coming up. this is bloomberg. ♪ ♪ i'm all about my bed. this mattress is dangerously comfortable. when i get in, i literally say ahh. introducing the leesa mattress. a better place to sleep. this bed hugs my body. i'm now a morning person. the leesa mattress is designed to provide strong support, relieve pressure and optimize airflow to keep you cool. hello bed of my dreams. order online. we'll build it. box it and ship it to your door for you to enjoy. sleep on it for up to 100 nights and love it, or y

ramy: i ramy inocencio in new york.e plan was to import the focus active from 2019, but ford says duties of 25% mean it is not worth shipping a car that will find only 50,000 sales each year. analysts say other auto firms may alter their sourcing plans. yvonne: reports from the u.k. says explorer may cut thousands of jobs and some popular car models. the sunday times says as many as 24,000 staff could go as they lost more than $70 million between april and june. like other companies, ford is facing the uncertainty of exit, -- of brexit. ramy: china's a struggling hna group managed to shrink its debt for the first time after selling dozens of assets to stay afloat. total borrowing fell 9.5% to 7% in june, done more than $8 billion from the record in june. billionsold more than of dollars in assets, much of it in the hilton and radisson hotel chains. yvonne: for a look at what is coming up on bloomberg tv, let's bring in david. what are you watching? david: lots of guests. the big one is out of was on a companyozada is th

ramy: i am ramy inocencio in new york.resident trump is saying a new north american trade deal will happen with or without canada. talks between the two countries do resume later on wednesday in the u.s. as the white house also prepares to roll out new tariffs on products from china. a lot going on. joining us from minneapolis is the deputy cio, carol. good to see you. twin trade events. one with canada, one with china. investors are probably wondering how do i figure this out? where do i put my money? i think investors actually are sidelining a lot of the trade issues and focusing on fundamentals, which have , and so weite strong have seen it, because with news announcements as they come out on the tariffs, the markets andcally shrug them off when you watch the way it performs with any hint of good news on tariffs, it levitates higher, if you will, the domestic markets are attracting a lot of capital from around the low. ramy: it is more of a short-term pop or drop. the in a verbal moves are continuing to hit records. com

ramy: and from new york, i am ramy inocencio. welcome to daybreak asia. haidi: our top stories, china discards talks. trump promising more punishment if beijing response. ramy: the australian and kiwi dollars fell. haidi: a new survey says my chinese companies are hurting. they see growing panic. not really an optimistic set up with trading across asia monday morning despite new highs with the dow on wall street. take a look at what we see. there is a lack of direction, a slew of markets closed, japan, south korea. chinese markets and taiwan are closed on account of the mid autumn holiday. we are seeing sri lanka not trading for a public holiday as well. , newng at australia zealand, earlier declines when it comes to kiwi trading. the a2 milk company seeing declines down 6%. we are also seeing a broad-based selloff with the kiwi dollar and aussie dollar as risk aversion returns in the trade narrative. cindy futures down -- sydney futures down .3% despite finishing strong friday. >> opec has sidesteps trump's demand for lower oil prices, saying they will b

ramy: this is bloomberg. ♪ ramy: this is "bloomberg best."'s continue our global tour of the week's top business headlines with new twists in the ongoing negotiations with brexit. >> the u.k. and european union pushing back the deadline for a brexit deal. both sides aim to finalize the divorce terms by mid-november the latest. another indication negotiators are struggling to make progress, despite the u.k.'s assurance to speed up talks. what are the reasons this deadline is being pushed back? >> the reason both sides are not able to agree on a divorce deal is northern ireland. they have a commitment between southern and northern ireland, and they can't seem to make it work. they were supposed to agree something at the june counsel, and now looks like they will not be able to agree the october counsel. they may need a special summit to make that work. >> what is being seen as a policy term, the chinese central bank strengthened the interest rate as pboc banks have resumed use of the countercyclical factor in the pricing of its yuan reference r

there is ramy inocencio. ramy: in the latest u.s. tension, reports suggest beijing might reject an invitation to start talks. the wall street journal reports president trump's threats to impose $200 billion of tariffs could kill any new negotiations. stephen mnuchin proposed talks at the same time he threatened to ramp up tariffs. weakeningngkhut is after leaving a swath of damage across the philippines, china and macau. 2.5 million people have left their homes in one province while fishing boats have been ordered to return. hong kong schools and universities remained shut, but macau said casinos will open. meanwhile on the other side of the world, florence has weakened into a tropical depression as it moves over the carolinas. dangerous flash flood conditions and major river flooding expected to continue over a wide area. heavy rain will continue to fall in many places. the effect is expected to be catastrophic with rivers swelling to record levels. barkindo saidmmed demand for oil is still robust to bring stock piles below the five

. >> how rami malek pulls off his poor trill of freddy mercury.losed captioning provided by -- >>> few people in hollywood have ever lived with more passion or had more fun than burt reynolds. it showed on the big with the ladies he loved. >> i always thought my whole deal if i had any at all was that i didn't take myself seriously. >> women certainly did. his first wife was judy car. he then had a high profile roms with dinah shore. the one woman he called the love of his life was sally field. a frequent costar. >> if we were lost on a desert long island together, do you think we would get along? >> i remember when i brought up her name to be in "smokey and the bandit." people, said, what do you want her for? she's not sexy. i said, you don't understand. tall sent sexy. truthfully, i don't think she wanted to mary me. you know, this is not a good bit. >> today, sally said, there are times in our life that are so indelible they never fade away. they stay alive 40 years later. my years with burt never died. he will be in my heart until i die. he an

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ramy: that is a meeting happening in algiers this september 23.ere is opec seeing the demand pressure points around the world? ramy: can i just some this up and say everywhere? say,m this up and everywhere? of course hitting growth. let's bring up the full screen we had regarding opec and its latest monthly meeting. trade tensions, monetary tightening. some em nations, we know what is happening in turkey, venezuela. this contributes to the growth trend. it will be essential to monitor. 10 daysahead, t-minus until algiers and we may get clarity going ahead. haidi: thank you so much, ramy inocencio in new york. coming up, closer look at apple's up. more of the same, essentially. this is bloomberg. ♪ haidi: i am haidi stroud-watts in sydney. shery: i am shery ahn in new york. you are watching "daybreak australia appear can the company has taken the wraps off and launched three new devices. prices ranging from $749 to $1099. shares though, fell more than 1%. let's look with a new birgit borman senior analyst daniel flax. let's start with the pricing s

i'm ramy inocencio.♪ haidi: thank you. , questionable numbers on it comes to chinese companies. we will be speaking with the research firm that created it. this is bloomberg. ♪ haidi: this is daybreak asia. y: a quick check of the markets. sophie, how is it looking in early trade? sophie: the major markets that are open are soft. the dollar is holding steady. his urgent trade growth -- resurgent trade growth is giving stocks lower. in korea, the government has downgraded the gdp forecast for the year, due in part to the trade risks. current assets are leading that's korean -- three in assets are leading the markets. won off by .6%. ofre has been a series indicators that the new zealand economy has hit a soft patch. gdp data due on thursday. stocks on the move so for this morning, some movers in sydney. health care stocks taking a beating. one falling as much as 17%. this is as the government is preparing to establish an investigation. could delay a project for sdr. -- for estia. hanmi said last week it w

john ramis tells us police say the public you can take action too. >> reporter: with school underway the cafis have filled up with students. most working on their laptops. police have a message for them. >> we are talking about something that is $1000. would you leave $1000 sitting out on the table someone else to take? >> reporter: they are warning people not to leave laptops unintended, even for a second. video of and go robberies show how quickly it can happen. >> it is kind of a sobering reality. >> reporter: police say they are averaging two laptop thefts per week so officers will once again conducted a sting operations at cafis around town. they recommend using cable locks if possible and always remain vigilant to protect the device that may hold someone's life some work. >> it could potentially be career ending. it is a big deal. >> reporter: adrift in a sea of laptops he was using a low technology device today but even he admits he would be lost without his phone. >> who would ever thought that this thing would be the most important thing i have ever had in my life. >> report

ramy: and from new york, i am ramy inocencio. welcome to daybreak asia.ies, china discards talks. trump promising more punishment if beijing response. ramy: the australian and kiwi dollars fell. haidi: a new survey sa

ramy: exactly.comes to the point with these two etf's or notes, something known as nonequity link certificates. the question is what they actually are. i just said three titles. that is because in the filings with the sec for bitcoin tracker one and ether tracker one, now suspended, in different filings they labeled them as different things. the sec is saying, get your stuff in order and stop confusing investors. let's show something of what the sec was saying, saying there is a lack of current, consisting, and accurate information concerning those two whatever they are, resulting in can use in -- resulting in confusion among market for this offense. it will only go until september 20, 10 or 11 days until hopefully those documents are updated. but really this goes to the point of confusion that still reigns that the volatility, the uncertainty, this does not help that. let's go into the bloomberg terminal. let's show our viewers what has been happening with ether specifically. ether has taken the br

ramy: that is the general trend.t oakland, the port of los angeles, the ports all along the u.s. west coast see this big jump, in terms of volume and goods that are arriving from china. this is some video of the port of los angeles, which is the biggest u.s. port. while we see these volumes rise, that does demand a premium, in terms of getting them over there. i want to show you the freight charges going from asia to the u.s., specifically from shanghai to los angeles, nice and white. the shanghai to rotterdam route, in terms of the rates, they are falling. we are almost nearing $2400 for a 20 foot container. a few months ago in july, it was just the $1600 mark. the $2400 mark is at its highest ever since december 2014. we can see the divergence that all of the efforts, all of the goods, all of the energy as we raced towards the end of this year towards the trump tariffs coming online that this divergence could very well continue. haidi: thank you so much, ramy inocencio taking a look at one aspect of how this trade

ramy: fundamentals is what it all boils down to. the next few hours tesla is trying to get all those deliveries out, because this is the end of the third quarter. if it manages to get those out, elon musk is quite happy about this. bloomberg at an email obtained that he sent to his employees. he says we are close to achieving profitability. that is a word we do not often see when it comes to tesla. we will achieve an epic victory. i have a bloomberg model tracker here. we are expecting the orange line 3'sill in at 90,000 model produced, more than double from the white line from tesla's reporting in the second quarter. theing ahead we will watch share price as well as production numbers out as soon as tomorrow. haidi: see if investors can put all that drama behind them. ramy with the latest on tesla. plenty more to come. this is bloomberg. ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service app

tonight -- rami malek -- jennifer love hewitt -- and music from the lemon twigs. jimmy kimmel! [ cheers and applause ] ♪ >> jimmy: hi, there, welcome. relax. very nice. hi, there. hi, i'm jimmy. i'm the host. thanks for watching. thanks for coming. we

here's rami, i'm married and want to have kids some day. khalid will never get to meet them. he was so unique and charming and everyone loved him. he always tried to help others. even in his final minutes, he kept my mom, father, and neighbor away from near certain death. i know he's gone. i see him every day. i see him all the time, on the couch on which you're sitting, in his room, i don't want to believe it. i can't believe it. my sweet brother had a heart of gold. the next story i'm going to read from is janette. she's an undocumented mother. she took sanctuary in a house of worship because she feared being separated from her family and deported. this is the beginning and end of her testimonial. in early february 2017, my children and i gathered around our dinner table. i told them that men in uniform might come to our home and take me away. my children, 12, 10 and 6 looked at me and listened. they knew we were different from other families. i'm undocumented and they were born here. the only way i could stay safe was to take sanctuary at a local church and trust that the

ramy, thank you so much.merging markets stocks to watch and why em's are seemingly shrugging off the growing trade war. this is bloomberg. ♪ this is bloomberg. ♪ haidi: this is daybreak asia. global stocks and ignoring the latest trade tensions between the u.s. and china, but investors are assessing with a new round of tariffs means for emerging markets. let's switch it out with sophie kamaruddin. of ae: some are anxious prolonged competition between the u.s. and china. that includes xe yuma. 10%s forecasting a further to 15% decline for emi equities. they already dropped 8% over the past 12 months. em countries are continuing to demonstrate agility --for jody from argentina. the government technology and they will fall into a recession this year and next. sustained growth also took a heat. goldman cutting its view on indian stocks on expectation the economy will face headwinds. jpmorgan going against the grain, saying buy em and cut u.s. stocks, warning we will lose our edge after this year's sugar high. oxf

ramy: they see trouble in a lot of places.e part because of what's happening with trade tensions, the u.s. and china, we know that tariffs are looming $200 billion. we are also looking at what's happening in terms of central bank tightening. with the fed, sometime maybe next year. y said, in at what the terms of their monthly report. i mentioned trade tensions, monetary tightening. happeningns, it is with turkey, argentina, venezuela, etc. a lot of countries constituting challenges for the global economic growth trend. a lot of concern that this might not happen because of all of the shakiness happening out there. in terms of the shakiness, i have one more chart in the gtb live. we can also say it is volatility. taking a look at the oil volatility index, this is at its highest in the past almost two months as we look ahead to the next 10 days. we will hope to get some clarity, in terms of where the oil price and where opec might be going, in terms of productions, production cuts, production supply. haidi: thank you, remy inoce

scrapped six hospitals in occupied east jerusalem in a statement prime minister rami him dollar said the decision to fill the void shows the government considers to receive them hospitals as part of its network washington had an outs on saturday that it will cut one of its last remaining programs for palestinians. the russian president vladimir putin has invited his north korean counterpart to visit russia a letter from president putin was sent to kim jong il now monday no further details were revealed regarding the time and location of the meeting him was invited to attend an economic forum in vladivostok which starts on tuesday but a russian official confirms he will not be attending sudan's president has sat is entirely government dissolved his cabinet and cut the number of ministers from thirty one to twenty one in a bid to tackle a growing economic crisis is now picked a new prime minister and several other appointments have been announced three in the face is a period of lengthy political wrangling after an election which ended with no party winning a majority though with some

rami got 100 bucks as a reward for his good deed. $10,000 in your purse. first of all, why?econd, that's going to be the thing you forget that day? i get if you put your starbucks cup and you forget it. but the purse with $10,000? >> i don't know. i don't have any of the answers for you, reggie. but i will say good on that teenager, and his parents should be proud >> applause for him for sure. >> nextmmes reacting strongly after a veteran nfl player suddenly retired at halftime. >>> the troubled hunters point. the major problem that environmentalist groups center with an updated plan to retest he could possibly... he likes to collect things. oh! wow, you got all this stuff from ikea? what do you like not let your kids in here? oh, no, they moved in here. here. this is where i hide all the cords and the remotes, and those clack-clack-clack things. oh and we have an entire comic book store and i managed to wedge a candle in there. oh i see, so this is your new bed? let's just say it fits me perfectly. it also fits the entire neighborhood, when they show up, unannounced, in a g

ramy: the president is skipping important summits in asia this year. questions about u.s. commitment to the region. isdi: the administration accusing others of currency manipulation. we hear from the bank of finland. ramy: sydney's margin -- mortgage pain says the rba will stay on hold to the next decade.

funding the us scrapped for six hospitals in occupied east jerusalem in a statement prime minister rami handler says the decision to fill the twenty million dollars void shows the government considers jerusalem hospitals as part of its network washington announced on saturday to cut one of its last remaining programs for palestinians a move that affects cancer patients and children with serious heart conditions that comes after the u.s. ended a two hundred million dollars financial assistance package to the west bank and gaza last month sudan's president has sacked his entire government or al bashir dissolved his cabinet and cut the number of ministries from thirty one to twenty one in a bid to tackle a growing economic crisis he has picked a new prime minister and several other appointments have also been announced. you are up to date with all the headlines more news continuing here on al-jazeera after witness. that is the perfect formula for authoritarianism and you can hear me let me ask you straight up here is the two state solution now where the lights are on and there's nowhere to

ramy: the case is alms worth -- is vernon versus musk.him as english cave diver that must called a pedophile. ins is all headed to court california, filed in a federal court case. he also went further and said, you know, that he thinks there is more in propriety. -- impropriety. musk's companies did decline any comment, haidi. haidi: certainly on the ugly side of elon musk on twitter that the management on twitter are looking to get past. marketount down to the opened in asia, sophie taking a look at some of the potential movers today. sophie. we will havemy: apple suppliers hot on the radar . this as the watch and airbud products that were spared from the new tariffs. takeda received approval for its acquisition of shire, the biggest do i'll by takeda -- acquire by takeda. shery: what a time for japan to come back online. that open with south korea, next. this is bloomberg. ♪ haidi: good morning. asia's mate -- major markets have just opened portrayed. shery: good morning. sophie: welcome to "daybreak: asia. ♪ president trump turns up th

scrapped the six hospitals in occupied east jerusalem in a statement prime minister rami handle us as the decision to fill the void as the government considers jerusalem hospitals as part of its network washington and now it's on saturday to cut one of its last remaining programs for palestinians and spend has the latest from occupied east jerusalem. this is the children's dialysis unit in the old victoria hospital in occupied east jerusalem it services patients from across the occupied west bank and garden is one of those places where any interruption to funding can have direct consequences on people's lives and the quality of life of the millions and millions of dollars for example the spend here on the chemicals that are used for dialysis there can be no interruption in the supply of those chemicals because there are children here that come on a daily basis for dialysis many of them traveling many hours a day from the west bank here and back to get this critical treatment there are no others know of a hospital in the palestinian territories that provide the sort of services are nee

ramy: that is basically what the sec is saying.y want to pull back musk's dominance, because he has been, as we know, prolific on twitter, on youtube, with all these tweets, especially smoking marijuana, and calling someone a pedophile which he probably should not have. these are unforced errors. the payment that tesla and elon musk now have to do. $20 million each in terms of a fine for $40 million total. they have to appoint an independent chairman. that come in part, because musk has to step down from his chairmanship in the next 45 days. he can stay on as ceo, which might be a kind of stall for investors, wondering if you will be able to guide this company. you can see that tesla has to add two new independent directors. his is to monitor communications and say, you have to go through procedures if you want to tweet, say anything, if you want to send in email. let's take a look at what the sec has set out of their statement. the phrase as i want to to focus on our tour the end corporate governance and oversight in order to prot

oz: america will never forget the name and face of jonbenet ramy. for more than been more than 20

. >> 16-year-old rami zaney found the purse in the middle of an intersection walking home from school. there was no i.d., no one around looking for the misplaced purse. he did the right thing by turning it into the local sheriff's office. >> to me i figured this is the right thing to do if i take it and find who's ever's purse it was. if the roles were reversed and i lost something with a significant amount of money inside i know i would want it back for sure. >> the purse was reunited with the owner. she had it on top of the car and drove away without realizing it and lost the money. he got $100 as a rewards for his good deed. >> $10,000 in cash? the kid -- got nothing against the kid. the kid is great. >> did the right thing. >> alexis, what's that cash doing? >> two things come to mind that you could use that much cash for. i'm not going to say either one. hopefully they will be used for a good cause. we'll just move right on from there. the south bay, we have 101 and 880, slowly starting to fill in inbound side. traffic coming towards us. that's bit. not many south bay issues so f

rami bana responded, "absolutely income of kenzie.ll put you a list of orbis with merrill and hl team." stacie chan added groups she had thought they should promote including the aclu, the immigrants defense project, the national immigration law center. all of those groups at the time agitating against the president's immigration ban. even at least one person on the team seem to realize how dangerous and out of the ordinary this conversation was. a google employee called clement wolf quoted he was very much in favor of google stepping up, but was wondering how partisan we want to be on this. to the extent of my knowledge, we'd be breaching president if we only give highlights access to organizations who support a certain view. we contacted google about these remarkable emails and reply to wes is here in full. "these emails were a brainstorm of ideas, and none ever implemented. google has never modified search results to promote a political ideology, not in the current campaign season, not during the 2016 election, not in the aftermath

drummer taylor hawkins, guitarists chris shiflet and pat smear, bassist nate men'del and keyboard player rami fighters are now on world tour in support of their latest album "concrete and gold." and grohl calls the shots. >> nobody told me what to do back then because nobody cared what i was doing and now it's still nobody tells us what to do because we've just built this sort of fortress around our band so that it's protected by us. ♪ >> reporter: grohl is now equal parts ambassador and evangelist of rock and roll. the band's "sonic highways" project-- both an album anhbo documentary series-- took them to iconic musicians and locales around the nation. making the point that local still matters when it comes to music. is that still true? i mean do we hear so much abt the flattening of the earth, right? everody has the same chnology? >> now it's just the touch of a button a some kid in his sement can let the world hear ths latest masterpiece that he recorded in his om. you know, i think that's azing. that's the kind of independence and distribution that like we dreamed of when we were kids. as

cracked the six hospitals in occupied east jerusalem in a statement prime minister rami hamdullah said the decision to fill the void shows the government considers jerusalem hospitals. as part of its network washington an outfront saturday that it would cut one of its last remaining programs for palestinians which affects cancer patients and children with serious how conditions the move comes after the u.s. ended two hundred million dollars of financial assistance to the occupied west bank in gaza last month. and if it has the latest from occupied east jerusalem. this is the children's dialysis unit in the old victoria hospital in occupied east jerusalem it services patients from across the occupied west bank and garden it's one of those places where any interruption to funding can direct consequences on people's lives and the quality of life of the millions and millions of dollars for example they spend here on the chemicals that are used for dialysis that can be no interruption in the supply of those chemicals because there are children here come on a daily basis for dialysis many of

tripoli and libya's chaos explained on al-jazeera dot com rami sheds light on the rival armed groups that are competing for power casting doubt serious doubt in fact as to whether the country's ready to hold planned elections later this year a very good explainer of the conflict at al jazeera dot com where people smugglers have been taking advantage of libya's full is called turmoil putting lives of refugees and migrants in danger the country is one of the main gateways into europe the number of people making that dangerous journey has fallen but the number of people dying is up sharply it's all in the latest report from the un's refugee agency which says sixteen hundred people have died or gone missing that translates into one person dead or missing for every one thousand people who reach europe's shores compare that now with the same period last year when there was one death for every forty two people u.n.h.c.r. puts it down to people smugglers taking even greater risks when taking their cumin congo across the mediterranean sea. there isn't the traffic has become more deadly is tha

ramy inocencio, bloomberg news, new york. >> we will speak to another who joins usve, for an exclusive at 3:30 u.k. time. now let's get into trending and what's going on in the bloomberg universe. back, thes is 42-year-old golf icon won his first tournament in more than five years. and from tictoc to bloomberg.com, with the uk's opposition closer to endorsing a se second brexit referendum. jeremy corbyn says he would prefer a general referendum but will be bound by the decision tomorrow. >> or would it be a fudge? that is the question. inon the most read stories, third place -- we are talking about opec, attended response to the oil and jpmorgan has senior market risk from overconfidence on the u.s. tariffs. today,t more now for >> emmanuel macron's second budget as french president will be unveiled, but with growth slowing in the government promising more tax cuts to businesses and workers, room to maneuver is limited. joining us now, are paris correspondent, carillion conan. caroline, what's in the bag for the french 2019 budget, given not only the slowing growth of rims, but the fac

ramy will be on later with more on that.ad in the oil a bigger than expected drop in u.s. stockpiles. wti less than $71 a barrel. su: going to the three-year low, this was not expected. we saw a $2 million drop in oil. you can see $71 in the latest trading session. however, it was also the fact that exports rose, and a higher than normal of refineries, which has raised the concerns of availability of oil in the fall and winter seasons. as one analyst said, we are at the tail end of the bull run in oil. he also raises concerns beyond this seasonal direction. there is a secondary factor, and that is the iran sanctions, limiting the oil in the bull market. haidi: let's take a look at the setup in the asian session. the stock rally in asia, particularly for emerging markets, has to resolve it seems. it could be helped by a weaker dollar. mark joins us from singapore. hiding beneath the headlines, the positivity we got from that, but you look at 10 year treasury yields pushing 3% -- is it possible we are setting up for a repeat o

ramy yousef: it is turning out to be a historic day. is a letter pressure on the banks to make a move. you immediately notice that prices have shot u john -- shot up dramatically. that the economic growth data which slowed quarter on quarter. that raises the stakes for the bank. you mentioned the expectations for a rate hike, 3.25%. it is hard to talk about a consensus. maybe it is not a consensus. it is an average. the range is very wide. as high as five percentage points all the way down to no change. the key question will be how will mr. anyone get involved -- mr. erdogan get involved in this conversation companies will be asked to settle contracts in lira instead of foreign currency. pv security thinks the central bank will disappoint. nejra: thank you so much. let's keep the conversation on central banks. givenstart with turkey, that expectations are so high. is the hike today the lower bound the central bank needs to deliver? >> i think it is the lower bound of what the central bank needs to deliver to really impress markets for t