thiam: -- tidjane thiam.nd softbank is pursuing uber. ♪ francine: good morning everyone and welcome to "bloomberg surveillance." let us quickly check on the markets. quite a lot going on. i am looking at the stoxx 600 in europe which is gaining a touch on the backs of gains in energy companies and a bullish outlook from one of the sector's bellwether. looking at the dollar. and the fed and what we will hear from powell. therude oil including impact of the opec meeting. we need to wait a little more to see how long we will cut production. a lineup -- our lineup today is looking pretty good. we feature some of the top names in banking and economics including tidjane thiam. we speak strategy and outlook on the global economy. and jim o'neill. he speaks u.k. and emerging markets. later, we will also speak with john studzinski from blackstone. let us get straight to the bloomberg first word news. nejra: in the u.s., the senate tax bill is headed for a debate. should it pass, republican leaders will have to hammer

she has been talking to tidjane thiam to get his take.icture with the big names of the stock market. the earnings story is the rayleigh -- really the main driver. the story level, centers around what is happening in washington today. presidentell is trump's pick for the next fed chair according to four people familiar with the decision. what does the investment community have to say about this man? experience is in private equity as a salesperson rather than investing. i'm not sure what he knows about the inter-workings of the financial system. >> i don't necessarily agree with bill gross's comments about this man coming out of left field. has thew, powell equivalent of more than one phd >> i think you only have more. what do you think? >> president trump did not what i think. was largely the guy the market affected it. i think we will see pic is. no idea. the talk among college was taylor. that's a balance. that, we have to question his ability to get help over the line in congress. it has to be approved. that will be interesting. orhink

speaking at a news conference in thech, tidjane thiam called digital currency the definition of a bubbleming up, we will discuss alibaba's dominance in the chinese market as the company turns in another blockbuster earnings report. break, take another look at this live shot from sydney where the time is friday, 8:00 a.m., the iphone x on sale at the apple store. this is bloomberg. . ♪ ♪ of monsterr a year growth, alibaba has raised its outlook for full year revenue growth. this is after china's biggest company blew past for cast -- forecasts. former reaction, we are joined by kevin calendar -- kevin counter. alibaba is a top holding in the index. what was your biggest take away? biggest takek the away was acceleration. it is amazing that a company of that size can grow at the rate it is growing. the growth rate has accelerated from two months ago, it was growing 40%. lots quarter it was in the low 50's. this morning with a 61%. emily: what are your thoughts on the retail plans? kevin: i think it makes a lot of sense. you see a lot of the same things happening here now where amazon has bo

tojane: it goes from states labor lows to taxation [indiscernible] was tidjane thiam speaking to francinequa on the subject of earnings and the strategy. you can go on your bloomberg and go function.liv he will meet that activist shareholder next week. he has not met him personally. a couple of thick stocks to keep an eye on. carlsberg, raising forecasts. they say the asian demand for their beer is quicker than they expected. organic operating profit rises between 7% to eight percent. anna: we have a statement coming through from ing. the helped to beat many of estimates that were out there. we expect -- spoke to the cfo and he said we have to live with lower rates a little longer. this is a key concern for many in the banking sector. manus: sanofi has said annual diabetes sales, the outlook has worsened. they will talk anything to do with l'oreal and the shareholding, they would be interested in discussion. ceo has a strong standing with the board. anna: and there is the hurricanes. they have a heavy payout. our guest joins us for the first interview of the day. this is bloomberg. ♪ ♪ cr

thiam: -- tidjane thiam.ank is pursuing uber. ♪ francine: good morning everyone and welcome to "bloomberg surveillance."

betty: that was the credit suisse ceo tidjane thiam speaking to francine lacqua.the trump administration turns its attention to chinese aluminum. we will assess those options, next. this is bloomberg. ♪ haidi: this is "bloomberg daybreak: asia." i'm haidi lun in sydney. betty: i'm betty liu in new york. -- commercements department has put aluminum at the heart of new trade tensions. we will leave watching prices. news of the probe came after commodities trading closed in the u.s. we have more at the wall with the bloomberg charts we need to know. reporter: thank you. i want to take a look at the share price reaction. exactly when the news of that probe actually hit here in the 2:00 p.m. our -- ho ur in u.s. trading. -- the day,f did century aluminum was up by more than 7%, hitting two week highs. it is chilling there is bullishness in terms -- it is showing there is bullishness and what can happen. i also took a let -- look at what is happening. turns out there were no sales for either of these company stocks. the next bloomberg terminal chart takes a look at the