. >>> ♪ this is a live picture from sydney australia the iconic sydney opera house. is about 10:00 on monday night there in australia. i always associate this song with australia. sydney australia is this live picture we are bringing you of the city at 10:00 at night. they are wrapping up their winter. they are opposite seasons in the southern hemisphere. >> isn't that the group of men at work? >> yes. okay. land down under. >> i always like that line about the vegemite sandwich expect is a beautiful shot. >> a beautiful city. >>> good morning. it is monday, august 13. >> good morning. we are talking about your monday weather. the great steve paulson is back.

productions have previously created the light shows with the guggenheim museum in new york, and the sydney opera houseus on the sound of minutes of silence in a dark room with no light at all. we like to try and do things that are quite different, i suppose, so sometimes it is huge scale and colour and the crowds, and sometimes it is intimate and small in museums. the next chance to see this is at the edinburgh festival on august three. that was jen at the royal albert hall. now, the tour de france is coming to an end this week. the monumental 3351 kilometre race is now 115 years old. fans love its epic proportions and its gruelling pace, but this year they may also be able to enjoy lots and lots of lovely data, because analytics and machine learning are coming to one of the oldest sporting competitions in the world, and kat hawkins went to find out how. this year's tour de france is taking place against the same beautiful french mountains as always. but there is a big difference this year. technology is playing a big role. cycling is becoming increasingly data driven and for good reason. masses of da

sydney. looking at the upper house right there. -- the opera house.ing on chinese inflation numbers and expecting to see a little bit of a pickup here it not enough to dissuade the pboc for moving in to support the economy giving that we have yet more shots iron. i'm haidi in sydney. kathleen: you're watching daybreak australia. let's get right to first word news with jenna dagenhart. jenna: thank you kathleen. a possible buyout of tesla. the wall street journal says regulators want to know if a message was factual. bloomberg has been told that must talk to last year. sources say negotiations told went musk proposed taking disproportionate control. the philippines faces eight rate decision thursday. that person is not whether to hike but by how much. a booming economy facing pressure on the peso is a basis according to a bloomberg survey. emerging markets try to curb the fallout from rising u.s. rates. you can follow your bloomberg as it happens. get commentary and analysis from bloomberg extra editors. saudi arabia threatening more pressure on canada

going to be speaking hopefully if so won't be speaking out the sunday this sunday night at the sydney opera house for the antidote festival which was also going to be she's also going to be travelling to brazil and melbourne so hopefully australia you get to hear chelsea speak i would hope so and you know in what goes on at the time this really goes to how do we treat our heroes at the end of the you know and to me josie manning is and always will be a hero for what she did she blew the whistle on a terrible amount of devastation corruption and lethality by the u.s. military. in march of twenty fifteen model botha london walked into the n.y.p.d. is my precinct and accused harvey weinstein of sexual assault however despite the hard work of the n.y.p.d. special victims division to getting weinstein to admit his crimes on tape and to protect. from harvey weinstein's high powered attorneys private investigators and paid harassers near district attorney cyrus vance jr refused to press charges against weinstein citing lack of evidence which led creative artist association back celebrity stacked anti-se

you're looking on the iconic sydney opera house. i am haidi lun in sydney.am ramy inocencio york, where it is 6:30 p.m., and you're watching "daybreak australia." jessica summers. jessica: tesla shares and bonds soared after elon musk said he would consider taking the company private. the initial announcement came via twitter, saying "funding secured." that would value tesla at -- reachare price failed to $420,000. that would be the largest leveraged buyout in history. speculation is rising that turkey will need a bailout from the imf, despite the lira recovering from monday's plunge. the currency rose on the news that officials are heading to washington for talks about a jailed american pastor and the sanctions imposed in response. there has been nothing from the government and central bank. investors fear president erdogan is blocking a rate rise. big banks are the winners from last year's republican tax cuts, staff not so much. 23 firms saved on average $388 million each in the first half. the groups eliminated 3200 jobs. lending rose almost 1% in the per

there is the sydney opera house you are looking at on monday morning in the asia-pacific.ures slightly higher, up .2%, but lying what we saw in the -- belying what we saw in the red. with the geopolitics moving around the world, you look at china, turkey, russia, i am ramy inocencio in new york. haidi: i'm haidi stroud-watts in sydney. we want to get back to the topic of turkey because the question is if it is in the us and credit -- if it is idiosyncratic pace, stop these,oved to stemming the bleeding for now. tensions with the u.s. show no signs of abating. they are escalating. joining us is a managing director. happy monday. here is a chart to start our conversation. this is looking at correlation risk between the euro and the lira. as volatility rises, we have seen greater correlation between asset classes. is this something you are watching given the euro is two thirds of the dollar basket? >> it is something you see, big markets selloff. -- sell off. if you look at turkey, the economy is not that big, it is $900 billion. the european is $17 trillion. it is not huge p

getting a look at the sydney opera house. ful but we are looking at markets lower when it comes to the sydney session. off .4%. i am haidi stroud-watts. ramy: i am ramy inocencio in new york where it is 6:30 p.m. you are watching daybreak australia. haidi: let's get more on what we should be watching with trading. topsy-turvy session with recovering overnight, but trade tensions ever present. adam haigh is with us. i want to talk about the fed nothing unexpected. does it have implications for how asia moves today? it does in the context of em assets and where you want to be, given the fact we have had a decent recovery in july off those lows and emerging asset management. what we did learn from the fed is they will remain pretty firmly on the pedal, looking likely for a september hike, december as well. in that sense, that scenario hasn't changed, but with treasuries back at the 3% yield for the 10 year, it does affect where you want to be in emerging markets relative to what your position is on the dollar. if you think it wil

from sydney australia the iconic sydney opera house. it is about 10:00 on monday night there in australia. i always associate this song with australia. sydney australia is this live picture we are bringing you of the city at 10:00 at night. they are wrapping up their winter. they are opposite seasons in the southern hemisphere. >> isn't that the group of men at work? >> yes. okay. land down under. >> i always like that line about the vegemite sandwich expect is a beautiful shot. >> a beautiful city. >>> good morning. it is monday, august 13. >> good morning. we are talking about your monday weather. the great steve paulson is back. >> thank you. >>> low clouds are back. a big fog bank in place. thunderstorm activity flirting toward the sierra. for us it looks like a cooler pattern. more 50s than anything else around the bay. mid-50s. san francisco officially 55. alameda and berkeley 57. west southwest wind all the way to davis. that tells me it is and onshore breeze and it looks cooler. water temperatures about where they should be with

. ♪ anna: good morning, a live shot of the sydney opera house this morning.an see the aussie dollar is on the rise against the u.s. dollar. the trade news overnight about china offsetting any domestic gains. the whipping boy as is sometimes referred to. .ake a look at this chart this is the australian dollar and the chinese currency. the correlation between them the strongest on record. let's leave that there for the moment and get to juliette saly with the bloomberg business flash. juliette: tencent shares have poorn after it reported quarterly numbers. it surprised investors with its first profit drop in at least a regulators restructure. regulators said they had little clarity on when the process would return to normal, putting more pressure on a company that's lost $180 billion of u.s. market value since its january peak. cells were 1.2% above average analyst estimate. 10:00ins us just after a.m. u.k. time. generated profit in two weeks as turkey's economic turmoil triggered a slump in emerging-market assets. bloomberg has been told that traders made more

sydney. a beautiful friday morning with the opera house just shy of 10 degrees. kathleen hays in new york where it is still very warm. you are watching daybreak, australia. tesla slumped erasing all the aboutfrom musk's tweet tesla going private. below thesed well $420 that musk said would be the price offered to stockholders. musk has offered no evidence to back up his tweak nor has anyone indicated they are behind the plans. >> but if something would happen with you on or not we wouldn't comment in any way. on there is a deal going there is a chance we will be informal and part of the conversation. plunging asis relations between turkey and the u.s. began to sour. thates in washington said turkey was refusing to release a detained american pastor. the trump administration has sanctioned two turkish ministers. suzuki and yamaha led -- after revelations about inadequate fuel economy and emissions test. vehicles emissions were not properly examined. japan's the petition for manufacturing quality has taken a beating after nissan and subaru admitted improper testing