trump begins speaking we'll take you back to the westin live. ericans he alone can fix the problems facing our country last night. some say the speech was an ominous one. but it fired up the crowd, including one big supporter i talked with on the convention floor. >> this is the most awesome moment of my life. >> really? >> really. i mean, it's been on my bucket list for, forever, since 1976, when i watched this, something like this with my dad and seeing ronald reagan almost there. my dad said that man will be president some day. i watched this guy from the beginning and i said that man will be president some day. this is awesome. >> he was so excited. he's holding his camera up because the balloons kept dropping from the ceiling. it was an awesome sight. he was very excited. he did compare trump's speech to ronald reagan. others say trump's speech seemed more like knicks be than reagan. for more on the historical context, i'm joined by presidential historian and distinguished professor at american university alan lichtman, welcome, alan. >> tha

the richmond the speech will happen at the westin virginia beach town center. comes one week before the start of the republican national convention in cleveland. >>> and hillary clinton will campaign in northern virginia. this is going to happen on thursday. she will be joined by virginia senator tim kaine. this comes as kaine is rumored to be on clinton's vice president short list. >>> a warning to watch your step if you are planning to head to virginia beach. take a look at this. how would you like to see this staring back at you? they are called stargazer fish. you hardly ever see these things because they usually hide in the depths of the chesapeake bay. stargazer fish bury their heads in the sand. they tell us that they pose no real threat to people. just scaryg the bejesus out of them. that's what it looks like. >>> theea broadway's smash musical "hamilton" has taken one of his final bow as one of america's founding fathers. [ applause ] this is video of last night's curtain call at the richard rogers theater in new york city. it was the last performance

it's at the westin hotel, we're told trump will appear with his running mate, speaking with volunteers this morning. and we'll continue to monitor and bring you that live when it hams. but first, we're checking the facts. >> but here at our convention, there will be no lies. we will honor the american people with the truth and nothing else. >> so donald trump vowing to tell the truth and nothing but the truth. how did he do? we'll check in with politicfact next from sunny philadelphia. at the beginning of the 21st century, the earth needed to find a new way to keep up with the data from over 30 billion connected devices. just 30 billion? a bold group of researchers and computer scientists in silicon valley, had a breakthrough they called... the machine. it changed computing forever. and it's been part of every new technology for the last 250 years. everything? everything! this year, hewlett packard enterprise will preview the machine and accelerate the future. see star trek beyond. burning, pins-and-needles of beforediabetic nerve pain, these feet played shortstop in high school, learn

than one day accepting the republican party nomination, donald trump speaking to supporters at the westinel in cleveland, joined by his running mate mike pence

bank of the westin is in classic began today at stanford big name in the field is venus williams shaendtonight action down on the farm featuring two former stanford athletes nicole gibbs and carol sou. gibbs top player at stanford. took the first set. throughout the second and fired up after win thanksgiving rally right here. gibbs on match point. the with the serve. the return. but can't handle the gibbs back hand. a winner in 3 sets. curry decided to sit out rio but cleibx could not pass up the opportunity to avenge the 3 point contest loss to his fellow brother thompson. this time the dual a little bit different. nickolodean kids choice sports award over the weekend. 3 point shoot out with the gigantic basketball and gallons y2ñev slime that would plunge dn on the kid after made shots. it's pretty funny stuff. the kids left thoroughly slimed. steph won that one. 18 inning game this kid stole the shovlt little sparky. a had the of emotion sadness and jubilation. and it ended in 18 innings in a two-1 pirate win. 7 sports brought to you by toyota. >> so much better. thank jew so i'm the

boston out through worcester some steady rain the heaviest between the westin tolls back toward hopkinton. framingham and natick emto dover as well. worcester seeing steady rain to the west it's tapering off even sunshine breaking out across western mass. some of this will work in close to cape and island. you may have localized downpours that way. and there's a flash flood watch in place until 5:00 p.m. although i think between 11:00 and 2:00 would be your opportunity to pick up on a few downpours down that way. rain tapering off this afternoon. a police officer in san diego, california has now died after getting shot early this morning. another officers also shot. he's expected to surgical taken into custody but authorities are still searching from others and at this point unclear what led up to the shooting. >> also breaking a 2-year-old man dead after a crash in plainville. police say the man was killed when his car collided with a tractor-trailer. a young girl in his car was taken to the hospital with nonlife threatening injury. >> police are investigating a serious crash. this happe

he was reading, thanking his supporters and volunteers at the westin hotel right down the street andor nearly an hour he was unscripted. no teleprompter. guess what's back? lyin' ted cruz, trump's nickname from the senator for the primaries. trump spent more time bashing cruz, in fact, than attacking hillary clinton for cruz's speech to the republican delegates at convention on wednesday. and as you know, cruz did not endorse trump during that speech and for that, trump said, this morning that cruz broke his promise, broke his pledge to support the party nominee. >> i like ted, he is fine. again, i don't want his endorsement. if he gives it i will not accept it, just so you understand. i will not accept it. [cheering] won't matter. honestly he should have done it because nobody cares and he would have been in better shape for four years from now -- i don't see him winning anyway, frankly. reporter: trump went on to accuse, cruz of lying about some other matters and then, trump left town to go back to new york. he will take a break over the weaken and renew, start his general election

a group of supporters and volunteers this morning before this news about attacks in germany at the westinve a teleprompter and so what's back, well, lyin ted cruz, the candidate's nickname from the primary fight. trump spent more time bashing cruz this morning than criticizing hillary clinton for cruz's shocker speech to the republican convention on tuesday night. as you know, cruz did not endorse trump in that speech and for that, trump said this morning, that cruz broke his promise, pledge to support the republican nominee. >> it's fine. if he gives it, i will not accept it. it won't matter. [applause] >> honestly, he should have done because nobody cares and he would have been in better shape for four years from now -- i don't see him winning anyway. peter: trump went on charging cruz with lying, no comment from senator cruz by twitter or any other means. president obama was asked about trump's speech the other night and offered a measured response. >> we are not going to make good decisions based on fears that don't have a basis and fact. and that, i think, is something that i hope al

the richmond times dispatch says the speech will take place at the westin virginia beach center.s. >>> hillary clinton will campaign in virginia on thursday. she will be joined by virginia senator tim kaine. this comes as kaine is rumored to be on her vice-presidential short list. >>> he is lucky to be alive. edward cornfield suffered what doctors say would have been a fatal heart attack, but luckily there were two people who knew cpr and a theater nearby had a defibrillator. the past week, the rejoin -- rejoin for the first time since the incident. mark seagraves reports on this story about great gratitude. >> they have come here to hear shakespeare. >> the first outburst in the audience, i thought it was part of the play. so did the people around me. soon there was a shot for a doctor, is there a physician in the room? >> edward cornfield had suffered a heart attack. >> dillon merry learned cpr as a eagle scout. >> of course, i was nervous. i mean, there's someone dying on your hands here. >> a security guard showed where he went down. next to the stage. he went and got the the

tom: i said this to someone the other day and david westin is curious it -- is furious. ime minister may should have done was expand the highway. jonathan: so they could get in. tom: but i am serious. and the and gloom defeatist attitude about england, watch what they do and that is the major message. jonathan: a lot of money. my friends in london are a critical bunch and the criticism of the imf over austerity and they said it would be damaging to growth. way too pessimistic about how the u.k. economy would turn out and it turned out pretty well. tom: i will agree with one asterisk and that is the massive and unique immigration into and england. england has always been a different model to forecast because of the people dynamics. of course, maybe that was [indiscernible] jonathan: he had to get the gold string in there. tom: we need more runways. jonathan: tom keene on radio. david: thanks. we'll head over for a look at the individual movers. how: drugs, cars and banks, to sum up the morning movers very drugs, johnson & johnson, moving higher in premarket. earning specte

the richmond times says the speech will help at the westin virginia beach town center. to veterans. it comes one week before the start of the republican national convention happening in cleveland. >>> hillary clinton will campaign in northern virginia come thursday. she will be joined by virginia senator tim kaine. this comes as kaine is rumored to be on her vice-presidential short list. >>> he is lucky to be alive. edward cornfield suffers what doctors say would have been a fatal heart attack, but luckily there were two people who knew cpr and a theater nearby had a defibrillator. the reunion wasn't just about showing gratitude. >> they have foal -- folge reform -- shakespea shakespeare. >> the first outburst in the audience, i thought it was part of the play. soon there was a shot for a doctor, is there a physician in the room. >> edward cornfield had suffered a heart attack. >> i'm a lucky guy. >> dillon merry learned cpr as a cub scout. >> of course, i was nervous. >> a security guard showed where he went down. he went and got the theater's defibrillat defibrillator

than one day accepting the republican party nomination, donald trump speaking to supporters at the westinel in cleveland, joined by his running mate mike the general election campaign gets underway. donald trump saying the election some 3.5 months away, and less than that. we are opening up our phone lines to get your thoughts on c-span, the day after the republican national convention. looking ahead to monday's start of the democratic national convention. 202-us at e will look at your tweets @cspan. our schedule plans will take some phone calls, your comments and reaction and show you a bit more of this later on. we are planning to take you live to the white house at 11:45 eastern for president obama and his mexican president counterpart meeting at the white house today, holding a news conference and we will have that scheduled for 11:45. let's get to your calls. paul in california, republican line. caller: yes, i like to say that i never really floated. i have never been political whatsoever, but i have decided that i am going to go ahead and vote this year. i will vote for donald trump

. >> i've been hanging out at the westin hotel lobby and that's where a lot of the trump people are goingdark suits whisperring in corners and they're sensing this convention is not so much about that positive message. partly, but they think they need to introduce trump to the country. they're going tahave his family front and center and his business career front and center and some echoes of 1968. you see on these trump signs around cleveland. the silent majority, just like richard nixon said in '68. you hear trump calling himself the law and order candidate. you should go on youtube and watch nixon '68 convention speech and talking about the unrest. >> chris matthews, thank you. >> tonight from 7:00 until 2:00 in the morning. >> i'm excited. >> you want more of me, 7:00 to 2:00 all week long. >> oh, that's fantastic. >> it's great for us. may not be great for you, but great for you to be able to watch it that much. let me ask you, your favorite. what is the first convention you went to? >> i snuck into the '64 democratic convention and i was a busboy and today's equivalent like a $25,00

banks.ing action on the ♪ david: welcome to the second hour of "bloomberg ." i am david westinthan ferro and alix steel. we set you up for the u.s. open with the s&p 500 at a record high. jonathan: the global rally continues in the u.s. european stocks gaining for a fourth straight day. a bull market coming from a february low. alix: what do you do if you are an investor? joining us will be kit juckes, global strategist, and he will give his forecast on the pound and the yen. how much more downside will we see? we will have exclusive interview with andrea orcel. first, it is a big shift we have seen in the markets here. we are no longer seeing the rally in stocks and global bonds. jonathan: a real shift i will walk you through right now, but the real news this morning is the risk across classes. we close the much higher in japan with 225 up by 2.5 percentage points. equities higher. a weaker japanese yen. you know the story. we approach 104, trading at 103. a weaker japanese yen. a stronger pound. it is the kind of risk you would expect to see on the fx market on a day like tod

. >> from the beautiful city of london, a warm welcome to "bloomberg ," i am jonathan ferro alongside david westin and alix steel. the pound at its lowest level since 1985. david: in a few minutes, we will be joined by stephen gallo, head of european currency strategies. he will talk about strategies in the fx markets. alix: and a blue sky in london. ceo of the alan company conference in idaho, we will have his take on the latest round of the bed for yahoo! will verizon make the big move? the story today around global yields of course. jonathan: let's get everyone up to speed. softer, up byle 1.5% here in london, the losses piling up and mainland europe with the dax down by over 2%. if you to the headline in the fx market. the lowest since 1985, down by cured all-time low yields, japan, u.k., u.s., 10-year yield down by 1.33%. crude softer at $45.98. gold at a two-year high. $30 right here, right now. let's go around the world and check in with our bloomberg team for in-depth coverage of our top stories today. guy johnson here in the city on the pound and the global equities and the current in asi

the last number of weeks. guy: coming up shortly, "bloomberg ," david westin with alix steel and jonathan ferro. enter is the 1% 10-year yield call from morgan stanley. we will also be taking a deep dive into tech, particularly looking at apple with gene munster of piper jaffray. we will be talking with the cfo, dominic caruso, of johnson & johnson in just a moment. tom: bring me up the surveillance wall, if you would. this is the bob doll theory. it is shut up and buy quality. we are going to bring the chart at right now. the orange line is what you did not do -- wait, it is also what i did not do -- which is j&j was a dog for a number of years. you acquire the shares, and it outperforms in this case the s&p. bob dole, it is really not that complex a theory. bob: if we step back and look at the company's growing earnings, you can win over time. i sold a little too early. tom: buy the band-aids. bob: stuff you know that is growing that you are using more of, that is not a bad theory. tom: there is a comfort to buying stocks, and everybody who does own stocks is feeling pretty good right now. with

the united states. from new york city, this is bloomberg. ♪ david: this is "bloomberg ." i am david westinonathan: this is bloomberg. to the bond market we go, the where -- where the u.s. 10 year .s heading even lower they believed they could fall below 1%. >> certainly it could. ultimately, what is in our numbers is the idea that the investor base is going to start to smell some key on the horizon some q.e. on the horizon. it is possible investors could anticipate additional qe from the fed good our numbers are correct on the global economy. jonathan: joining us now is the thomas a.s. strategy great to have you with us. morgan stanley drawing out there at 1% on the 10 year and then economic and new economic model to get tweaked and give me the why of 1%. >> we wanted a nonpolitical framework to look at treasury yield coming came up with this adjusted fair model. typically when you look at any fair value model, you put it together based on gdp, inflation and other metrics. you get the value of 285, said the is that we adjusted fair value model to incorporate global forces, ecb qe and poten

. >> reporter: weston has been scouring the skies for months hoping for any sign is now in severe drought and westin worries his berries won't develop to full size. >> we get paid by the pound. they are small they weigh less. >> reporter: green line edging the reservoir shows how far water levels have receded in the drought. >> there are some growers who are saying they need to dig emergency water holes or expand the water holes because they just don't have enough water to get through the rest of the growing season never mind harvest. >> reporter: the head of the association say they are now seeking federal aid for farmers who are struggling. >> they're living on borrowed money, they're using their savings, so they're just literally hanging on to their farms right now. >> reporter: westin's family has been tending boths for five generations. regardings of what the weather delivers he says he'll be back out here where he belongs no matter what. >> we're farmers we keep going. >> reporter: worried if the drought gets bad enough it could stress the violence themselves. they're hoping th next spring wil

place are the types of hotels that cater to an american crowd, meaning they are the hilton chain, marriott chain, westin chain. so we can only hope that as you indicated that the death toll is much less than estimated so far. but this is the biggest weekend in nice that they have all year. bar none. i will be making my way down there. you know, these are small little towns that kind of dot nice. as you move to the west, antibes is the next major big town, after that is cannes and after that, st. tropez. all of those people in all of these communities generally travel through the nice airport to and from along the auto route there. i can't imagine anything but that things are going to be on lockdown. >> that hideous term we have all come to know, the area is full of soft targets, crowds of folks trying to enjoy summer vacation. janet shamlian reporting live for us from nearby the location of this tragedy tonight in france. cal perry in our newsroom monitoring everything else coming in. cal? >> according to the -- what would be the equivalent of the mayor of nice, i'm just going to quote from his twitter

north, 500-yard south, platt bridges, and also, from the entrance of the schuylkill river, all the way to westin >> looking at every possible entry point for any possible bad thing happening. you are on your toast all week? absolutely, maintain the border states. >> and because we are surrounded by water in philadelphia, and surrounded by democrats, who like to have good time while here, probably a lot of party on both, as well next week? >> yes, we will have law enforcement presence all the way from the ben franklin bridge all the way to the memorial bridge, and we will maintain side of the water make sure everybody has a safe time. >> you have all of these possibility running you there your head, meetings, and a lot of things you can't even talk about because you don't want people to know what you're to up in case they're to up something. but what possibility do you guys train for all the time? >> all aspect of security, waterway security, law enforcement, law enforcement officers, partner with our partners in the new jersey state police and philadelphia police and pennsylvania state along wit

the company's future? this is bloomberg. ♪ david: this is "bloomberg ." i'm david westin in the hewlett-packard enterprise green room.this is bloomberg. a story that broke a little while ago, two people familiar with the matter says a senior manager at hsbc was arrested in new york for his role in a conspiracy to rig currency benchmarks. we are joined by wendy o kelly. this is really breaking in the last 30 minutes or so. what have we learned? >> mark johnson, head of global , was flying into jfk and was apprehended and arrested. we are expecting charges shortly and is expected to be wire fraud and is related to the foreign currency investigations the department of justice has been working on for three years now. has been hard to bring charges against individuals. hsbc was not part of that settlement. at the moment, i do not know. one of my questions was if he had any idea he was being targeted. that is what we are looking to find u out. jonathan: these issues take a long time to play out. we have had a few settlements and now we have one personal one. winnie: how much effort does the department of justice put into t

get an at banking sector economy on the road toward sustainable public-sector debt toward sustainable growth? david: did is david westin new york. one last question from the united states perspective. we have had expense with bad banks and we tend to go to consolidation. is that out of the question for italy? is their consolidation that could help them? kit: there has been consolidation. cross-border consolidation has been harder to pull off on a sustainable basis, but there will be more consolidation. you had be easier if the eurozone as one economic with one central bank and one federal system and one way of moving money around. that is a whole different story. we will get some but not as much as you would get in the states. david: kit is staying with us. the pound his a 31 year low. sterling extending losses after worst two-week drop in more than seven years. are more losses to come in the second half of 2016? that is next on "bloomberg ." this is bloomberg. ♪ alix: this is "bloomberg ." i am alix steel in the hewlett-packard greenroom. jamie steagall joins us with his outlook for the rest of the year. emma:

. >> from the beautiful city of london, a warm welcome to "bloomberg ," i am jonathan ferro alongside david westin at its lowest level since 1985. david: in a few minutes, we will be joined by stephen gallo, head of european currency strategies. he will talk about strategies in the fx markets. alix:d

i'm david westin with jonathan ferro and alix steel. we begin with the tragic terrorist attack in nice, france. we will have full coverage of the story, going to our reporters in paris and nice. jon has a look at the markets. jon: a bit of a softer tone in the markets before the final day of trading this week. the dax off by 0.8%. ,f you lift out the stoxx 600 the biggest moving group is travel and leisure, perhaps no surprise. switch up the board very quickly. look at this. dollar-yen. potentially the biggest weekly gain for dollar and in dollar-yen in percentage terms in years. treasuries having their worst week so far this year. 1.54% of the u.s. 10-year. david w.: turning to the attack on nice, president hollande held an emergency meeting after 84 people were killed during a terror attack in the southern city of nice. we turn to our bloomberg colleague who has been reporting on the story. please bring us up to speed on what we know about this attack up to now. >> we know the name of the attacker now. mohamed lahouaiej bouhlel. he has been identified

the first time ever. jonathan: a warm welcome to bloomberg i'm jonathan ferro alongside david westin and alix steel. k. ra begins today as conservative party leader theresa may prepares to take over as prime minister. before that, david cameron will face questions in the house of commons one last time. later today he goes to buckingham palace. jonathan: we listen to the prime minister as he addresses parliament. prime mini

the presumptive nominee, donald trump. jonathan: a very warm welcome to "bloomberg ." i am jonathan ferro with david westinly rages on. david: it sure does. yesterday, we had an s&p 500 record and the asian stocks are up today and we are getting into earning seasons. alix: it will get interesting and starting off on the right foot. you will have great test to discuss where stocks go from here, including david derosa. he will be with us for the entire hour. plus, andrea

visit ncicap.org] jonathan: from the city of london and new york, a warm welcome to "bloomberg go." i'm jonathan ferro alongside david westinother big show ahead of us. equity set for their biggest weekly drop from february. the attention shifts to the u.s. for that jobs report. david: and after those numbers come out, we'll have janice capital's bill gross on the program and telling us what he thinks the data means for

the opening bell. this is bloomberg , i am david westin here with jonathan ferro and alix steel. 4.8 billion deal between verizon and yahoo!. no intention to sell alibaba shares from that new company. the new company will return all caps minus operating costs. jonathan: what the skill set is needed. andwho japan and alibaba sell some of the assets as well. one that it is not marissa mayer and we are hoping to get an answer later. david: yet to come in every morning and checked the ticker -- you have to come in every morning and checked the ticker. alix: shery ahn is here in new york with a look ahead of the open in the u.s.. cherry, let's begin with you here in new york. individual movers that are shaking things up? about we are talking sprint, another telecom company in the u.s., the fourth-largest. they released earnings this morning and now the stock surging, because we just found out they had 180,000 monthly described -- monthly subscribers beating analysts forecasts. we are seeing the stock reacting . another company that is moving, hershey. that billion trust controls the co

the end to its biggest gain in a month. cruz.s his speech was not received kindly. ♪ city, i haveork jonathan ferro alongside david westin andvery much in focus. ecbd: we will hear from the and announcing his latest monetary policy decision for the first time since the uk's vote to leave the eu. we will take you live to frankfurt for president mario

from jonathan ferro, david westin, and alix steel, thank you. theis bloomberg. ♪ vonnie: it is 10:00 a.m. in new york, 10:00 a.m. in hong kong. i am vonnie quinn. mark: i am mark barton. this is "bloomberg markets" on bloomberg television. ♪ vonnie: we are in new york and london for the next hour covering stories in san francisco and tokyo. 30 minutes into the trading day in new york. stocks fluctuate as u.s. gdp growth misses estimates. european shares going for the biggest monthly gain since october with science leading the way. mark: google in the cloud. u.s. tech earnings having their best earnings quarter. we will tell you what is driving the result. vonnie: the earnings reports continues with ups missing estimates, benefiting from a surge in online shopping. we will talk with the cfo

i'm david westin here in the hewlett-packard enterprise greenroom.lpass. >> i'm taylor raikes. asian airlines are providing the biggest boost to boeing and airbus at the air show in the u.k. chinese airlines have signed a deal to buy 30 boeing 737 jets. discount carrier air asia will order as many as 100 airbus planes. that deal is valued at $12.6 billion. airbag maker takata is reaching out to as many as 20 potential buyers. is working on restructuring the company. and is open to a sale. one stumbling block is the liability from up to 100 million airbag recalls. ufc has been sold. your bloomberg business flash. alix: ed perks is still with us. i want to talk about energy. it's about 15% of your portfolio. 2.5 percent of your portfolio is e&p company bonds. make the case for energy distressed debt. >> it has clearly gone through a pretty significant cycle. high-yield e&p companies were a tremendous -- had tremendous access to capital and as a result became a much more significant part of the universe. how we have dealt with this sector is really tryi

the conference call. ♪ david: welcome to bloomberg go. i am david westin with jonathan ferro and alix steel. york city. the bank of england leaves rates unchanged. governor carney is leaving rates unchanged, sending sterling up as much as 2.5% against the dollar. they voted 8-1 against a rate cut. alix: we will decide what that means for the economy. will be joining us to discuss that. let's go around the world and check in with our bloomberg team for the top stories at this hour. laura keller is in new york on jp earnings. let's start with the decision in the u.k.. jonathan: anna edwards and jamie murray. jamie, let's start with you. what do you think it was that held them back from pulling the trigger? jamie: mostly a communication thing. the three-week wait, they have to wait until august -- it is a very long and give them a chance to explain why they are cutting. forecasts.ew so really just helping to explain what their actions are. jonathan: rates unchanged, the market expecting big things. they are expecting a bit of a move from the bank of england. did those expectations just get shift

the rise in these countries. >> that is morgan stanley's chief global strategist speaking with bloomberg's david westin. covered quite a bit of crude oil rice movements and you may have heard gold is still outperforming other precious metals but here is the deal. there are a couple others you need to keep an eye on. i put these up for you on a chart to showcase to still her out performers. you're looking at think and silver. at zincyou are looking and silver. bloomberg line is commodities index. it gives us a healthy pulse of what is going on in the commodities space. a >> okay, leeza. we're ready for you on set. leeza: thanks, guys. >> i'm walking to set with our ladies. >> we're gonna do a last, final mic check. leeza: of course. all right. have a good show, everybody. female announcer: the following is a paid presentation for dr. denese skinscience. male announcer: coming up, scientific proof that dr. denese skinscience can truly help transform your skin.

the fed. jonathan: a very warm welcome to "bloomberg ." i'm jonathan ferro along with david westin and alix steel. david: a lot to cover today. we have oil at a three-month low, the yen heading for the biggest gain in a month as traders scale back expectation about the japanese stimulus. in a treasury auction of two-year notes sound the weakest demand since 2008. thend kicking off -- alix: fed kicking off. the world's most valuable company set to give earnings after the close. we will set up everything you need to know. when it comes to the markets, and ethics story all the way. low rates river is where the smart rates has been for the last couple of years. in the fx market, weaker pound, stronger yen. stronger by 1.36% against the dollar. as the helicopter money fades ahead of the doj decision on the friday. the weaker pound story means a stronger dollar story as well as we carry the last couple of weeks over in the fx market. that stronger market means the brand is down another .7%, the wti down. yields coming in to touch, and by two basis points on the 30 year yield. your yield

visit ncicap.org] jonathan: from the city of london and new york, a warm welcome to "bloomberg go." i'm jonathan ferro alongside david westin and alex steele. another big show ahead of us. equity set for their biggest weekly drop from february. the attention shifts to the u.s. for that jobs report. david: and after those numbers come out, we'll have janice capital's bill gross on the program and telling us what he hinks the data means for alex: markets are relatively calm. jonathan: and have been throughout the season. the ftse 100 down but about .1%. the d'backs in frankfurt, germany, performing pretty solidly on the continent. across the continent, the futures firmer by about five points. i went through the other boards for you. dollar yen, 149. close to breaking 100 as we did on june 24. four-day losing streak. a much stronger japanese currency. ahead of this jobs report, unchanged. 1.39% is your yield. alex: no one really taking any big nothings the next hour and a half. let's check in with our team of our top stories. julie hyman is in washington counting down to the jobs report. guy johnson in london with the pound he

the top and bottom line. jon: a very warm welcome to "bloomberg ," with david westin and alix steel. d military coup from turkey. the weekendl spent watching the dramatic developments over the weekend, and they reflected themselves pretty immediately in the lira or there was a plunge, the biggest in eight years, although it has come back today. jon: there is relative -- alix: there is relative calm

the media. >> reporter: yeah, that's right, liz. and trump speaking to supporters and volunteers at this westin hotel behind us here in cleveland. and and as you said, for nearly an hour he was unscripted, no teleprompter. so guess what's back? "lyin" ted cruz, the nick maim that trump -- nickname that trump gave the senator during the primaries. he spent more time bashing cruz than criticizing hillary clinton. after cruz's speech to thetion t and, as you know, he did not endorse trump in that speech. for that, trump said this morning that cruz broke his pledge to support the party nominee. >> i don't want his endorsement. just -- ted, stay home, relax. so so he took his peach, and you're bound by that speech. just like you're bound by the pledge. you're bound by the pledge. [applause] so ted cruz took his speech that was done, was on the teleprompter, said hello, then made a at the same time that wasn't on the speech and -- made a statement that wasn't on the speech. is see to me, that's dishorn rabble. >> reporter: and trump went on to criticize cruz saying that he lied about a i couple of other matters. trump has now left clev

the first time ever. jonathan: a warm welcome to bloomberg i'm jonathan ferro alongside david westin and alix steel. a historic day in the u.k. ra begins today as conservative party leader theresa may prepares to take over as prime minister. before that, david cameron will face questions in the house of commons one last time. later today he goes to buckingham palace. jonathan: we listen to the prime minister as he addresses parliament. mr.e minister cameron: speaker, i had meetings this morning. other than one meeting with her meta-student queen, the diary for the rest of my day is remarkably light. -- other than one meeting with her majesty the queen. >> thank you very much, mr. speaker. the prime ministers congratulations to andrew murray and all the other winners. may we thank the prime minister for all his hard work and his leadership. and particularly his commitment to the union and to northern ireland visiting in auckland and swimming -- to working with the next prime minister. i'm told there are lots of leadership roles out there at the moment, at the english football team. top gear. [laughter

the end to its biggest gain in a month. cruz.s his speech was not received kindly. ♪ city, i haveork jonathan ferro alongside david westin andlix steel. with the fx market very much in focus. ecbd: we will hear from the and announcing his latest monetary policy decision for the first time since the uk's vote to leave the eu. we will take you live to frankfurt for president mario draghi's news conference at 8:30 a.m. eastern time. alix: after that, we have some heavy hitters lined up for you. we have heralded him -- harold ham joining us. we will get his take on the booz cruz. we will find out what nelson -- the story of the day seems to be the fx market. jonathan: absolutely. i think that is where we have to begin. the question is on sustainability with we are discussing the bank of japan with the ecb. this is what it means for the fx market. it dipped below 106. ay comes back, but we stsya stronger on the yen. helicopter money was off the table, not of negotiations at this point. japanese yen in the equity market starts a little lower, down about 4/10 of a percent. if you look into the doubt, a night -- dow, a nine-day winn

the structural advantage of data. jon: david kirkpatrick, or to have you with us. a fascinating story. david: it is quite a story, jonathan. this is "bloomberg ." i'm david westinhe charts. julie: it is about central-bank confidence. confidence in central banks. -- that is what we have been talking about for a long time. i want to look us on japan of more stimulus coming. whatever form it may take. this is buys in marginal accounts. here is buys minus sales. sentiment in japanese stocks has gone down to some extent. as we do have questions about of stimulus in japan, it raises the broader question of confidence in central banks around the world and how effective stimulus is going to continue to be. alix: and to see the yen and stocks moving up. we continue the again continue to rally. very interesting. we spoke about productivity with dr. greenspan. he is joining the stagflation bandwagon. ceo at deutsche bank says don't freak out. productivity is all right. into 2008 to 2010, there was a 7.5% increase in u.s. activity. that was 3.6 years of productivity rolled up into six quarters. the fact we are slow right now is ok because we are getting back to that trend

coming up, the portfolio manager will discuss jobs, fed, and much more. this is bloomberg go, i am david westin another story in the side of that has been the e-mails of hillary clinton. yesterday it was the attorney general saying they won't prosecute her and today is james comey appearing before congress. donald trump not giving up on this. he is pressing harder and harder despite the fact that she is not getting indicted. is there a chance this could backfire? definitely, not only in the trump campaign but on the republican party writ large. comey up on the hill and remember, james comey is a registered republican. he is a tough nut. he has done this plenty don't times before -- plenty of times before. what could happen here is that you see something similar to what happened with hillary clinton in her long benghazi hearing where if he does rather well in deflecting these questions, defending these decisions to recommend not to bring criminal charges to hillary clinton, this could leave republicans with egg on their face. get him onans can the defense on why he didn't pursue criminal charges

the fed. jonathan: a very warm welcome to "bloomberg ." i'm jonathan ferro along with david westina lot to cover today. we have oil at a three-month low, the yen heading for the biggest gain in a month as traders scale back expectation about the japanese stimulus. in a treasury auction of two-year notes sound the weakest demand since 2008. defend kicking

the first female nominee of any political party. jonathan: i am jonathan ferro alongside david westin and alex deal. -- alix steel. is some talking made and it is moving markets. ¥28 trillion is what was floated at the real question for -- et, what is the next

the top and bottom line. jon: a very warm welcome to "bloomberg ," with david westin and alix steel. i am jonathan ferro. unattended military coup from turkey. the weekendl spent watching the dramatic developments over the weekend, and they reflected themselves pretty immediately in the lira or there was a plunge, the biggest in eight years, although it has come back today. jon: there is relative -- inx: there is relative calm the markets today. we will have exquisite interview with the chairman and founder of colony capital, tom barrick. we want to check in on the markets. jon: is taking a look at the turkish indices and the turkish lira. jon: equity markets are down 5%. not reflected elsewhere, you can see markets in europe fairly stable, the ftse outperforming, a third of 1%. there is a big move there. there is a 40% premium offered by softbank or that deal look -- looks like the ftse gets a nice little lift. market, the turkish lira, a big move. slightly stronger in today's session. but that risk-off tone not really reflected in the fx market, it is a weaker japanese yen story. we

westin and alix steel. as my u.s. colleagues, the u.k. march to its own liberation.went as well for you as it went for us. mark carney held a conference and we will ask our guests what happens coming up after that. alix:

i'm david westin with jonathan ferro and alix steel. we begin with then nice, france. we will have full coverage of the story, going to our reporters in paris and nice. jon has a look at the markets. jon: a bit of a softer tone in the

the first female nominee of any political party. jonathan: i am jonathan ferro alongside david westin and alex deal. -- alix steel. david: i woke up and there is some talking made and it is moving markets. ¥28 trillion is what was floated at the real question for -- et, what is the next jonathan: what can kuroda by? david: and how is he going to pay for it? the united states is a little bit behind the u.k.. they are on their second female prime minister. alix: glaxosmithkline ceo andrew witty and tom fanning will join us to break down all their earnings. i turn to you and say it is all about fx. jonathan: what captures risk sentiment that are then dollar-yen in the fx market? tn back with a 105 handle. firmer, apple helping do that in the united states, and equities firmer in europe as well. fifth straight a day of losses for crude, down 244.37. down to 44.37. you might forget that today is fed day. a lot to discuss. alix: what matters more, the boj or fed? let's check in with our bloomberg team for in-depth coverage of all of our stories. carl riccadonna on the fed as it wraps up its policy meeting as well as matt

the latest fox news poll shows more than half of registered voters do not believe mrs. clinton is honest and trustworthy. so how to cover come those numbers. drew westinf "political brain," professor at emory university and political psychologist. voters have been aware of hillary clinton for 30 years. i think most of them have made up their mind about her. how can she change perception at this point? >> that's part of the problem is that she's had this perception for a very long time. if i were advising hillary, which i'm not, but if i were, i would give her some, what sounds like very simple kind of stupid advice which is, whenever you're asked any question at all, even a question about trust, just tell the truth right from the start straight from the heart. an example, if she's asked, what do you think about this trust issue? why don't americans trust you? i'd tell the truth. i'd say, you know, as the first lady in the 1990s, no first lady had ever been treated like that before. frankly, it hurt, and i've put up defenses and put up calluses. it makes me, when i get one of these attacks like this bogus scandal about which e-mail did i use -- >> you