yousef: it has been a fascinating exercise. that is bloomberg's lizzy burden and markets today managing editor kristine aquino. let's get you a preview of what else is to come. u.s. factory data set the yield curve near the most inverted level decades. more details on that next. this is bloomberg. ♪ yousef: welcome back to "bloomberg daybreak: europe. u.s. factory activity contracted in june. that sent a key segment of the treasury yield curve toward the most inverted level in decades. traders are pricing in it for the fed. there is a raging debate on the way. morgan stanley strategists are clashing with bill dudley on the outlook for bonds. the former new york fed chief expects deeper losses on the tenure. morgan stanley believes you might see a rally. bridgewater's co-chief investment officers has investors are too optimistic about the economic growth prospects. he told bloomberg's odd lots podcast that the fed is more realistic than the markets but what it will take. >> my view issue end up with growth is appointing a bit an

yousef: good morning. i am yousef gamal el-din in dubai. welcome to "bloomberg markets." the u.s. markets are closed. the rba hold rates but warns further tightening may be needed amid inflation pressures. recession risks are a key segment of the u.s. treasury yield curve and approaches the most inverted level since the 1980's. the tit-for-tat technology battle between china and the west escalates as china restricts exports of key metals. let's get you a check on the markets because you have u.s. cash equities and treasuries that are they will resume trading on wednesday. investors mull the risks and brace for upcoming earnings. we are lower on the stocks europe 600 initially. we are up by 1% -- .1%. let's get to the big mover this morning which is australia initially out of the gates with repricing of the back of the reserve bank of australia decision. the bulk of the intraday gain on the aussie three year have been erased. the rba is holding the cash trade of 4.1% predicted by 60% of economists surveyed by bloomberg extending the series of staccato like healthy moves. the euro-d

yousef brought is that chart on samsung. it reported its worst decline in quarterly revenue since at least 2009. sales down 22%. that comes back to weakening demand in the chips market, despite recent production cuts. it sent stocks lining in seoul yesterday. how significant is this? derek: it is significant. i'm watching for july 27th, which is when the whole company reports and will give a forward statement. they may at that point be able to clear up if this is bottom, and we're recovering out of this, or not. that's what we're watching for at this point, is there more to go? or is this the bottom, and now we come up? again, using that word normalcy in terms of where our chips situation is overall. there has been that the glut situation. samsung is far from the only one. trying to shore up prices and making moves in that direction. let's see what they say at the end of july. if this is the bottom as csla said, and it is going up from here, then all fine. if there is more to go, that may weigh further. lizzy: let's bring yo

bloomberg's yousef gamal el-din.et's get to our morning roundtable, what you need to know to get your day started. joining me is bloomberg's valerie tytel. i feel like we can exhort literally every topic except cpi today. valerie: it's going to be a big one, dani. my i will be on that month on month print. the consensus is going for a softer number on that core cpi. we need to get to a 0.2% month on month pace for the fed to feel comfortable about the inflation fight has been won. we hear from not one, not two, but three fed speakers, we have neel kashkari, raphael bostic, and loretta mester. the market will be listening to any change in direction. dani: when we got the fed minutes last week, we saw the pause narrative was not as agreed-upon as we originally thought. what i was looking at earlier in the week, used car prices coming in. the new york fed's one-year inflation expectation also came in. that seems like it would lend itself to a cooler print this time, but the market is shaping up that way, which makes it

yousef gamal el-din on the asian markets. that's your market check, let's get to top stories of the morning and get to our morning roundtable. joining us is bloomberg's lizzy burden, and markets today managing editor kristine aquino. we have a lot of top stories this morning. we have to start in china, specifically with geopolitics. lizzy: treasury secretary janet yellen wrapped up her visit to beijing. she had to emphasize to her counterparts that the u.s. is not seeking to get one over on china. she tried to stress that it is all about diversifying supply chains, not decoupling anymore. take a listen. sec. yellen: it was externally important for me to address this issue and be sure my chinese counterparts that these are by no means the same thing. this is something i am trying to communicate and believe strongly in myself. certainly, i think that mesage ws received. dani: it's a different tone. but is this enough? does her rhetoric change enough or is she speaking with a distinction and no difference. the things they say th

lizzy: thank to yousef gamal el-din. let's dig deeper into those stories with our morning roundtable. i'm joined by derek wallbank and bloomberg's jill disis as well. let's start with fed minutes. it's interesting how divided policymakers were on the direction of rates, and how tenuous the agreement to pause in june was, given that it was framed as unanimous. it looks like the fomc reckons more tightening will be needed given the resilience of the economy. listen to it fed president john williams. >> we can take some time, and assess and collect more information and be able to act. knowing that we communicated through our projections that we don't think we're done based on what we know. lizzy: so jail, what stood out to you from these minutes? jill: i think you nailed it there. it's that idea of division within the fomc on what exactly to pause, went to hike again. you are right, jay powell framed this publicly as a unanimous decision to hold rates last month before revisiting this month. he has said multiple times that

yousef ghasemi. i am mirzaei 's fourth grade exam.'s younger ones and hello, don't be tired hazrat qasim, i am reading abolfazl hazrat zainab to imam hussain, my father, who was my grandfather, my grandmother, my grandfather, my grandmother, and established a relationship with hazrat ali akbar from the childhood of imam hussain's ta'zieh paradise. and it is the end of the qajar era. the news agency of those who were on the way to karbala have heard different accounts of betrayal . he got sick and could barely move he got up and left the house, at this time, imam hussain noticed his presence and said, "god, in order to continue the path of imam hussain, peace be upon him, and to convey the message of the ashura uprising, the life of imam sajjad, peace be upon him , will not be read this time in your book instead of everyone else . i am the son of hussain hussain." hossein hossein, whose property has been looted, is a work by seyyed mahdi shojaei, the author of god's property belongs to everyone, and he has dushanbe hosseini in his port

yousef salami of radio and television news agency, who wears hijab and hijab is one of the national priorities. it is very good . the people of imam hossein square, the presence of women who gathered here with religious identity. i came here to all those who cannot. see the people of ittihad they have and they are supporting islam and their religion until the last breath. let me show that we are here until the end . let the foundation stay and the ideals of the islamic revolution. the tent gives me peace . i am wearing it here. when i wear it , i feel that it supports the entire people of iran. i came to mashhad for love, story. the prince of the security of the martyrs, who for the zeal of the martyr, the love like the martyrs alivardi, the martyr ali khalili, and most importantly, the memory of the leader of the revolution, from the family of the martyrs, and for the sake of the martyr hajji, whose birth was under the pretext of wearing hijab, a hijab mixed with chastity and legal hijab should be observed. is to say that i do not comply or whatever this is the way i like to live. every count

who had a chance to beat america in the first match, and also played against brazil last night, but yousefem's severe injury caused this match to be half-timed, the iranian team to participate in the tournament youth championship the world will leave bulgaria tonight and go to bahrain. these competitions will be held on the 16th 25-meter in the sources. iran 's girls' volleyball team also defeated 30 australians in their second game in the asian under-16 tournament. japan was the second team in the two-way group, and the iranian team will go to the next stage tomorrow in this neighborhood against chinese taipei . the competition will be held with the participation of 12 teams in four groups of three teams from china . the solo trail is over, the start of the competition national cycling championship hosted by central province, 77 athletes participated in this competition. my province hosted these dear ones. on the first day of this two-day competition, cyclists competed in individual time trial. you are based on time. each athlete travels the route individually . each registered athlete sh

demolished them , and it is spreading again due to the unauthorized change of land use in the lands of yousef ali firozkoh. the head of land management of the agricultural jihad of tehran province informed about various violations, one of the factors that cause the integration of lands and the south of the agricultural production and disturb the productions is to make the separation of lands and land parcels the same. any separation of lands without permission is prohibited. the story of firouzkoh city reported about the serious treatment of adaveh with changing the use of agricultural land and said that after buying about 600 hectares of agricultural land and dividing the land into parcels, imran iranian company handed them over to the retirees of a military institution and the employees of various institutions, including the judiciary. with the implementation of note 2, article 10 of the law on preservation of agricultural lands and gardens, unauthorized constructions were destroyed. we at seda and sima news agency are following the implementation of the law to prevent unauthorized changes

latifi has how to charge yousef salami of sed and radio news agency, the high supervisory board of the expediency council did not consider the resolution of the islamic council regarding the import of used cars to be contrary to the general policies. also statistics the current deficit of the car market is covered even by imports, and imports will not harm the domestic production. mr. ameli larijani also said that determining the priority of foreign currency supply with the government and the central bank, this resolution is not contrary to the general policies. the session of the parliament on determining and announcing the ceiling or the amount of the increase in rent was investigated and found to be contrary to the general policies of food security. the deputy of the support and health of imam khomeini's relief committee donated 20,000 series of dowry to the poor under the cover of this institution at the same time across the country, the news of mr. khadravisi . said value of five items in each series the dowry includes refrigerator, tv, gas stove, washing machine, and vacuum clean

the eternal theme of us public debate is equality and emancipation, but by no means only there are yousef's achievements jalalli about the amazing and sigerana. the captain of the iranian ice hockey team her dream came true this year together. they became the silver medalists of the asian and oceania championship in thailand. the team trains here in the sports complex. iran mall tehran. in this championship. we competed with seven teams that experienced us. we reached the final game for a long time was on an equal footing, but the experience of the thai team helped her. they ended up beating us 3-1. we became the silver medalists of the tournament, the women's team. in the first game, they defeated india with with a score of 17:1, and then two more high-profile victories followed, over the national teams of kuwait and georgia. as a result, the gold was taken by the host of the championship, the team of thailand, the iranian team , played with her on an equal footing and the score remained one for a long time, but even the silver surpassed all the expectations of the team, which were 3 years

tomorrow, sohrabi 77 namousi 9771 130 kg yousef will go to the mat, but on the first day of the asianth championship wrestling tournament in jordan and in 87 kg weight. abolfazl choupani and dr a 130 kg fardin hedayati won a medal in 55 kg ali ahmadi wafa 63 reza qitasi and 77 migrim alireza abdulli sadh the sign is open qati other call to prayer will be held tomorrow, the second medal of olad in the world paralympic games in france won silver in the following qualifying competitions paris paralympics is also considered as the time of breaking the asian record and winning the olympic quota in the discus throw of 43 meters and 73 centimeters, and before that, for iran, masjidi won the gold medal , amir khosravani won the silver medal, and motagian sabet , the watcher of the sleep of the little snake, was opened. they are cute what is the difference we will review together in the asian track and field competitions, mehdi pirjehan in the 400 meters hurdles, 5 milad in the 20 meters speed, and hossein rasoulian in the discus throw became sixth, more than this accounting in the weight thro

history of our country, which had previously defeated the united states and the brazilian player yousefemi was left unfinished due to a serious injury, tonight bulgaria will travel to bahrain to host the turkish world youth championship . in the second game in the tournament under 16 years of age, asia defeated 30 australia today and tomorrow it will face chinese taipei in the round of 16. the third week of volleyball of the nations league will start tomorrow with the hosting of the usa and the philippines, which will be hosted by the philippines and brazil on the first day. with italy and japan, with china, and argentina in america they will face each other with serbia from 3:00 a.m. on wednesday, our national team will face france according to the resolution of the world federation, due to the violations of the host team in issuing visas for several players and the technical staff of the team, the points of iran and the opponents in the ranking the world won't have an effect on the four matches of the third week of the league of nations. biranund, the goalkeeper of the national team o

yousef:

yousef: "bloomberg daybreak: middle eastthis is -- this is "bloomberg daybreak: middle east and africa

my supervisor, so he clearly has the sense that something is awry here, and you know, his name is yousef tavares and we certainly have spent a lot of time doing reporting on him and de oliveira to figure out what was the dynamic. we knew they were both under a great deal of pressure from prosecutors, because prosecutors clearly knew what had happened here and they had been asking everybody who was familiar with this episode, there were plenty of people who seemed to know about this and there had been a great deal of behind-the-scenes effort to try to get deoliveia to be a cooperator and clearly did not end up doing that. one thing i think that stands out to me now from the new reporting that we got from jamie gangel is, you know, the fact that this new document that is being charged, 32nd document, the idea that it was returned to the national archives in the initial batch, you know, more than a year ago, it's the only document we know, wolf, that was not involved with -- was not part of the raid in the summer. so the question is how do prosecutors stange up this charge, this accusation