cob zuma, could have sold political favors. they are calling into an inquiry with a family, who are said to have influenced cabinet appointments. it is the latest blow to the president that has been repeatedly accused of corruption. ♪ >> this is fast becoming the esidency.sis of jacob zuma's thousands of protesters on the street with a message that they want the president to step down immediately. wyers -- not -- r today, zuma' anchor: south africans taken to the street and protest -- in process. also on the program, and go merkel -- angela merkel criticizes the list -- press freedom. saying that tayyip erdogan is one of the worst offenders for silencing journalists. and iraqi special forces on the outside of mosul. civilians caught in the crossfire and trying to flee. we will hear from an aid organization in the region. ♪ anchor: thank you for joining us. corruption allegations against jacob zuma. a report calling for an inquiry into allegations that a wealthy family known to zuma was appointed in state-owned firms. the public

>> one reaction, and zuma must go. -- zuma must go. zuma must fall. it says you see the south african president hanging onto the edge of a cliff. his politicall of career that is hanging by a thread right now. in his editorial the paper says south africa and the amc party can no longer afford the luxury of keeping zuma. they advised they get rid of him and it's pretty much the same message from the south applicant -- south african tabloid. >> both hillary clinton and donald trump are facing a lot of heat in the few days before the vote. the reports that african-american early voter numbers have been down for the democrats. theppears the revival of e-mail scandal last week has narrowed the gap the twin clinton and trump even though clinton still remains a favorite to win. one writer writes in the conservative paper wall street journals saying that clinton was the safe hands candidate a few weeks ago. trump is still the underdog but he's no longer a long shot. >> one group of voters surprisingly coming out in favor of donald trump. >> it's a really inte

that is why resident jacob zuma wanted to suppress the release of the report. he said he did not have enough time to respond to the allegations in the report level led against him, and that is why he wanted the opportunity to question the witnesses. we will have to wait a little just a couple more hours, to see what exactly in this report is so damaging that president jacob zuma did not want it to be released to the public. genie: thank you for that, and we will be checking back with you in a few hours time. she was reporting to us from cape town. ban ki-moon has fired the commander of the peacekeeping force in south sudan. that comes after the release of an independent investigation slamming the response to deadly attacks last summer on a u.n. compound home to some 27,000 displaced people. the report says u.n. blue helmets failed to properly respond to acts of violence committed against civilians and u.s. personnel. blamed for their inadequate military response, an internal inquiry found u.n. peacekeepers failed to contain an outbreak of violence that left 300

700 corruption and fraud charges. >> donald trump has over 400 lawsuits against him right now. >> zumas building his reputation as man of the people. >> donald trump is a man of the people. >> jacob zumba's avid supporters can be found in rural areas and townships. >> his supporters are overwhelmingly rural area voters. >> he was charged and acquitted of rape. >> he has a rape status conference with the judge coming up. >> jacob zumba was called the teflon politician. >> i've said time and again, he is the teflon don. >> trevor: like donald trump appears to be teflon, literally, that's what he's spraying on his face. strange. what's more important is understanding what a leader like this could mean for america. for instance, let's look at what donald trump said just this week. >> the president-elect says he plans to place his company in a blind trust to be run by his children, but the legal experts say the definition of a blind trust is that it's run by people not in contact with the owner. >> trevor: yeah, it's a bit weird we have to say this, but, donald, the point of a "blind" trust

luckily, zuma hasn't been able to muzzle the press in south africa because he doesn't have control offrica's court system. that is a big hindrance to him. but a hindrance el trumpo may not have to face. >> he's going to be filling the lower courts. there are dozens of district court vacancies, federal court of appeals vacancies and these are the courts that actually decide the vast majority of the litigation in the united states. >> at least one supreme court justice maybe as many as four. >> trump will potentially shape the court for a generation. >> trevor: now, look, there are many differences and similarities, and i'm not saying it's going to be the same here as it is in a third-world country. of course not. i'm saying, it could be much worse. we'll be right back. ( cheers and applause ) [sexy music] come on! why doesn't verizon offer unlimited data like t-mobile. is it because their lte network was built six years ago? six years ago? that's like a hundred... in phone years! their lte network is older, slower, and they limit you. switch to t-mobile, the newer, faster and unlimited

south african president jacob zuma has survived the latest challenge. that's among from office during a mating of the ruling party national commeck active economy this according to two members at the economy who were at the meing. his presidency has been marred by scandal and policy mistakes and put the nation's credit risk. at jose maria cordova airport said there are apparently no survivors after the crash. passengers onboard included players from the bra dillian football team chapecoense. this is bloomberg. mack. >> juliette, thanks very much. the russian oil minister says he's not planning to entertain talk in vienna. they're in fighting over oil production cuts. oil trading off about 46 crens to 47.70. she's in vienna ahead of the meeting tomorrow. what is behind russiaees decision here, this turnover. >> well, russia basically is thinking they're not going to do anything. say what they're going to do and we've heard from them. until o pepc are you going to watch. there's so much insiding. that without them having a deal it's rush -- it seems like

what does this mean for zuma? does it up the odds he will have to leave?e seen confidence waning with regard to the early elections. that is bound to continue from here on. the president is reeling with regards to support. even people in his own ruling party say he should step down. the union which has around 300,000 members yesterday said he should step down as well. we have a lot of support for jacob zuma waning and he is losing a lot of that foreground and may need to resign very soon. vonnie: the brand is strengthening today. what that means for investors we will have to see. thank you. we will follow that story. nejra: coming up on the european close, stocks falling in europe. nervous about the potential outcome of the u.s. presidential election. we will a strategist perspective in just a few minutes. here's a look at european stocks. you can see red across the board. this is bloomberg. ♪ york, it's noon in new 4:00 in london and 12:00 in hong kong. i'm nejra cehic in for mark barton. vonnie: in new york, i'm vonnie quinn. this is the european close o

that she is also the ex-wife of current president jacob zuma. president jacob zuma is in zimbabwe.ng not about the allegations were the dimensions made about him in the report released this week. we have yet to see what the ruling party decides. guy: thank you very much indeed. can't wait to see what next week brings. let's turn to some data out of europe. the italian data now crossing. we have pmi data, italian services and composite number. the numbers are fairly stable. we have a composite number of 51.1, exactly where it was last time around. the survey was a little stronger. we have not matched expectations on what is coming out of italy at the moment. the service sector looks to be where we are seeing that. the survey again a little bit stronger. we will deliver some more pmi data as we work our way through the morning. the italian data reasonably fresh. let's go to germany now. commerzbank has a loss in the third quarter a day after fitch placed deutsche bank on rating watch negative. in these difficult times, the top business leaders are meeting in hong kong for the asia-pa

the south african ruling party said they did not support calls for president jacob zuma to quit. the grand falling for the first time in 4 days, some saying yesterday's rally was over doug. -- overdone. vonnie: they did not raise rates at the last meeting. let's go to our newsroom. >> president-elect donald trump begins a victory tour on tuesday with the first stop in cincinnati. a campaign official said the tour would go to states that trump won and swing states he flipped. trump says that learning the u.s. flag should be illegal saying that no one should be allowed to burn the american flag. if they do come there should be consequences like a loss of jail.nship or tied in trying to figure out why a jet carrying a brazilian soccer team crashed into a mountainside. it was carrying a brazilian first division team to a game. it was moments from landing when the crew reported electrical problems and declared an emergency. colombian investigators are looking into an account that the fuel.ne ran out of the embattled president of south korea has offered to resign. president park is cau

crisis facing south african president jacob zuma worsened today.igh court ordered the nation's protector to release a report about the alleged influence of friends of zuma over appointments. zuma dropped his request to stop the publication. trump lost another attack on obamacare. he says if he is elected president, he will call a special session of congress to repeal the affordable care act. he says if something is not done, obamacare will destroy american health care forever. a record number of travelers are expected to take to the skies during the 12 day period throughout the giving. more than 27 million people will fly worldwide on domestic airlines between november 18 and 29. that is up 2.5% from last year. global news 24 hours a day powered by more than 2600 journalists in more than 120 countries. this is bloomberg. vonnie: thank you. i don't need to tell you how tough it has been this year for macro hedge funds. , he started his own. he is here for a bloomberg exclusive with our own erik schatzker. erik: thank you so much. great to see you. >

zuma denies any wrongdoing.is african national congress has a huge majority in parliament and the opposition motion was defeated by 214 votes to 126. thirds zumz'a's no-confidence vote in the year. he was a rock legend but an avid art collector. more than 350 artworks belonging to the late david bowie have gone on sale at auction in london. the collection includes works by his graffitien, inspired air power is estimated to fetch $3 million. bowie who died in jan your had several pieces -- and had a keen interest in african art. time for a quick reminder of our international headlines. donald trump has been in the white house for the first time since the won the election. the u.s. president-elect met with president obama for talks on foreign and a policy and the best way to ensure a smooth transition of power. trump said the meeting was a great honor. tens of thousands of people in aleppo are running out of food. the rebel held part of the syrian city will face severe food shortages if new deliveries are not allo

the report came out after zuma abandoned efforts to block it. he also faced thousands of protesters in the streets of pretoria, demanding he resign. they pointed to a series of scandals, including spending millions in state funds on zuma's rural home.zu >> he is under siege now even from his own quarters. the a.n.c. is speaking out loud against him and society, iso think, has come to realize thatt we have come to the end of the road for him. >> woodruff: the corruption report also calls for a judicial inquiry into new allegationseg that zuma engaged in influence peddling. >> sreenivasan: back in this country, the federal reserve finished its latest meeting, with no change in short-term interest rates. instead, policymakers said they want to see further gains in the job market and economic activity. they hinted a rate hike could come at their next meeting, in december. >> woodruff: on wall street today, election jitters and ad drop in oil prices sent stocks lower again. the dow jones industrial averago lost 77 points to close at 17,959. the nasda

we can go to zuma. go bodysurfing. why are you talking about bodysurfing?( sighs ) ...you don't have any business hanging out with me. i'm a damn loser, and you know it. no, you're not. not to me. ( chuckles ): come on, amanda. i'm a drunk. you said it yourself. i make a living killing rats to pay rent on a trailer. in sun valley. ( scoffs ) i'm a washout. come on, buttermaker-- just stop it! don't you think if i wanted to play house with you, i might have called you sometime in the last three years? but i didn't, did i? you know what--? just stop it! you're here for one reason, and that reason is sittin' in that ice right now. just leave it at that, will ya? i know why i'm here. just felt sorry for you, that's all. ( sniffles ) ( sniffles ) ( dramatic march playing ) ( march stops ) i'm just sayin', keep your glove oiled. i mean, he came over to check mine. really? yeah. hey. don't talk to me. i'm only here for them. toby. yo, what the hell? what? somethin' wrong? you would know. what'd you say? you heard me. hey! hey, what's up with you guys? he's a ball-

zuma was able to halt that graft report coming out.ee what is in that and how the relationship works. we will follow this story carefully and will continue to of thethe trajectory finance minister as well. we will get more analysis as we work through this morning. up next, we continue the political conversation. it is a tight contest. we will look at how the markets are reacting when a new poll puts trump ahead of clinton in the race to the white house. ♪ guy: welcome back. i want to show you what is happening. the land is under pressure. you see a move lower. i show you this shot because i want you to see the context over the last couple of days. we are seeing a fairly substantial move to the downside. the second chart makes it look back ofressive, on the the fact that president zuma is withdrawing his court case against the idea that we should investigation relates to the general public. six days to go until the u.s. latest election, the polls from abc and the washington post have the race within the margin of error, with trump ahead

it rallied after a court ordered a release on the report of president zuma. are thousands of people protesting in pretoria to march against corruption. it is all speculation that zuma might be close to leaving office. a look atus take commodities. crude oil continuing to slide. around $50 earlier and there is hope opec would get it together, but now, pessimism on that. closer to $45 in west texas. the concerns about the election in, some bidding going on in gold. we have one more thing we are looking at. milk. milk has been on an absolute over the year. that has been really great news in new zealand, which is a milk driven economy. the kiwi has been a real winner. well.of stocks doing yesterday, we talked about oranges. matt: is this. milk or skim? scarlet: whole milk. yesterday, scarlet, he brought up that there were six losing days in a row for the s&p 500? today, seven days, the longest losing streak in terms of days in a row we have seen since 2011. scarlet: nice job there. we have breaking news. qualcomm reporting results. the chip maker for mobile phone

this is a significant victory in the tug-of-war with president jacob zuma. much of a surprise was this? antony: the announcement comes ahead of and expect a court case on wednesday. it's really lifted the markets quite significant. a lot of talks of the case itself wasn't very strong. this was seen as a way for prosecutors to stop the case. mark: is a going to be more st him from the cabinet now if zuma wants to do that? antony: definitely. if he had charges hanging over his head, it would provide a reason to ask him to step down or step aside for somebody else. right now, he's not under any charges. he's recognized as doing a good job with the economy and a good budget last week. he's doing his best to avoid the country being cut to junk next month. >> mark carney says he stays on as governor of bank of england to mid 2019 to help facilitate an orderly transition to exit. -- orderly transition to brexit. tons of speculation about the future, so one more year of this. >> it doesn't go till 2021 that he was entitled to claim, he said he might do a one point.

you touched on the zuma factor there. it's probably the overwhelming factor in south africa for 2017 in terms whoof can be done of government transition. there are a few short-listed candidates in terms of succession of zuma in 2017. some more market friendly. the transition can be a generational one. it's not something happening one year like this. but it looks like south africa could be trending towards a more market friendly, more fiscal, pragmatic fiscal strategy. >> we heard of overther emergin markets where central banks have been stepping in changing their rate strategy. do we think south africa will do the same? >> it's been a very messy year in terms of political backgrounds, minutes of finance, is the minister of finance being fired or not. all sorts of questions. in this period there was one solid anchor in south africa, which is the central bank. to be honest, if you go around you see a lot of lazy central banks out ere. definitely not the case of the south african central bank. the monetary policy anchor has

abe and jacobrt mug zuma. fidel castro was a strong and wasr of the amc very popular in africa. cuba's major allies have not sent presidents. they have sent delegations but not leaders. western governments are keeping a lower profile because of fidel castro's contentious human rights records. it is complicated for the obama administration because president obama wants to protect what he has with cuba, but with mr. trump threatening to rewind that detente, he does not want to excite more criticism. he wants to show there are still differences with this regime. he sent a close presidential advisor as a sign he wants to keep up the relationship. katty: you have seen a lot of people in tears for fidel castro. have you heard any voices of dissent? we have not seen or dissent.lic voices of it is mostly and outpouring of favor. the grief i think is genuine. many people who are more and ambivalent about fidel castro respect him as a nationalist leader for getting cuba on the world stage. i know from other visits people are fed up with the economic price here they would like a more norma

nicolas maduro in the bolivian leader were there as was south .frican president jacob zuma western leaders stayed away mostly with france, the u.s. and britain sending diplomatic representatives. westernwas the only head of state to attend. a convoy carrying the cremated ashes of castro will begin a journey of across the country of cuba for people to pay their respects. next now to the united states. with president-elect donald trump will today just said he will be leaving his business "in total" to focus on running the country. outline a plan to turn over the business in a december 15 news conference with his family, according to a post the president-elect made on twitter. he could tease to fill out his cabinet. -- secretaryhree of state, secretary defense and treasury. mitt romney's name has been floated for state while billionaire investment banker steve mnuchin is expected to be secretary treasury. billionaires,are watches the insides or both, contradicting his call to shake up washington. a fierce critic of donald trump, mitt romney has changed his tone as he angles to be the diplomat

made public been amid mounting pressure on jacob zuma to stand down. theesters marched toward presidential office in the capital. they are protesting what they call government corruption. amnesty international's moscow office says it has been sealed off by city officials. they claim the locks have been changed and power shut off. human rights group said they were given no warning but hoped for a simple explanation. they have complained of harassment on the authorities in russia. police in iowa captured a suspect after 2 police officers were killed. both died during what was described as ambush-like attacks in des moines as they set in patrol cars. our respondent sent this report. >> i am here for you all. reporter: members of the public tried to comfort the police. they are devastated i the loss of 2 colleagues that were ambushed and killed in the early morning. haveirst time officers been killed in this city in nearly 40 years. reports ofto gunshots, police officers found one of their colleagues said in his patrol car. shortly afterwards another disco

figures in the country, but the record of defending the constitution and going after president jacob zuma himself. she is picking up an award in berlin. the german africa foundation's annual price for promoting peace, democracy, and human rights. >> she was born here in a township south of johannesburg and she is always happy to be here. she advocated for the people by bringing those in power to justice. >> the institution is not me. it is a group of men and women who care about a proper conduct and about social justice, who want to help, whenever you feel talking that you wanted to do with government offices, that have not been answered. >> she defended the underprivileged against death petition -- despotism. she investigated the president and filed a report concerning his financial dealings, resulting in a major scandal. she made it enemies but also won many admirers. >> you try your level best to take out all of the -- >> she has played a tremendous role in checking and exposing the corruption that has taken place. >> she is wonderful in every way. she is what south africans can be and

we have a growing situation in south africa with threregards to zuma.e your contacts telling you? are we getting closer to the end of jacob zuma? what would that mean for africa, your opinion? mark: i think you see the democratic process at work in south africa. i am very hopeful that that will prevail. there are a lot of really good people we have seen, a group of business leaders all stand up against this you know, unacceptable behavior and i think we are going -- it is good for south africa. it is a great example for the continent. you know, watching the south africans exercise their rights as citizens and actually, the real politic in the country, rather than leaving it to a bunch of you know, politicians as we watched them behave in the last while. yousef: mark bristow, always a pleasure having you on the program. let's check in on the futures and see how markets are set to react. currently looking over there for 50, downtoxx almost .5%. the cac, again, a lot of the anxiety feeding through to european trading today. anna: a lot of inside the in the

jacob zuma wants the country's high court to block a report about allegations of undue influence by wealthy family. critics accuse him of presiding over a government tainted by corruption and political interference. from new york, i'm mark crumpton. this is bloomberg. "bloomberg technology" is next. emily: i'm emily chang and this is "bloomberg technology." a busy tuesday of technology earnings. electronic arts boosting its outlook for the holiday quarter and square with an up beat revenue forecast. details on how jack dorsey's other company performed in q3. and a stronger yen and earthquake sink sony. we will break down the electronic giant's nosedived. shares of electronic arts are higher in after-hours trading after beating analyst estimates. it's the first of a handful of videogame publishers reporting this week. adjusted earnings fell on 4%.nue that also fell investors are watching guidance for the holiday quarter. lowersing its forecast than some analysts estimated. discuss are myto guests in new york and l.a.. what would you say are the high points here, moving into the biggest quart

south african president jacob zuma faces growing calls to resign after corruption was found at the tops of government. the report found for the creation of a commission to undueigate allegations of government influence by wealthy family. global news 24 hours a day powered by our 2600 journalists and analysts in more than 120 countries. i'm mark crumpton. this is bloomberg. it just after 6:30 p.m. in new york. a.m. in sydney. i'm joined by my colleague, paul allen, with look at the markets. paul: new zealand has been up and running for 90 minutes and it's not looking too good. 1.5%, following wall street lower. teachers on the nikkei look mixed and we expect declines on of 1%. of one third it could be worse because we just had disappointing results from one of australia's egg for banks. that does missed estimates as well and is the lowest result since 2011, weighed down by higher bad debt and narrow margins will keep an i on the aussie dollar. the trade balance for september is out. we expect to see the deficit narrow. a slew of earnings out from asia today, including lg electronics and

critics have accused zuma of presiding over a government tainted with corruption and political interference. from new york, i am mark crumpton. this is bloomberg. bloomberg technology is next. ♪ emily: i am emily chang, and this is bloomberg technology. tech earnings.of we are keeping score. electronic arts boosting its outlooks for the holiday quarter. plus, an upbeat revenue forecast. details on how jack dorsey's other company performed in q3. sinks sony.e the japanese electronic giants nosedive. shares of electronic arts are higher in after-hours trading after beating analyst' estimates. --andful of the video game to one point $1 billion. investors are closely watching the guidance for the holiday quarter. they are raising their forecasts, but still lower than some analyst had estimated. andael pastor and l.a., matt kent german -- matt kente rman. eathe key points, is that continues to deliver on strong results. the core enterprise and other sports games are performing very well with engagement up significantly year on year. out,have new games coming battlefield one and titan fall two. t

in south africa, at least three members of the country's cabinet have asked president jacob zuma resign over a corruption scandal. they want the ruling party to remove him if he does not quit. japan is denying its military suffered atwork high-level computer incursion months ago, possibly sponsored by another country. "." news -- the attack was viewed as a crisis, but the defense ministry says that report is not true, but says the ministry is targeted on a daily basis. global news 24 hours per day, this is bloomberg. ♪ november, most of the markets were donald trump's victory. italy's referendum now grips global markets. joining us to navigate that we get ahead is the chief market analyst at a global brokerage. what is the top of mind this week? how muchp of mind is of a settling out process do we have to have that we just got and where do we shake out? it is going to be a week of consolidation, at best. this wellpoint a store where we will be looking the rest of the year. vonnie: a great note from mohamed el-erian. keep going, are treasuries oversold? nick: for the moment, it does feel

jacob zuma wants the country's high court to block a report about allegations of undue

so zuma not standing in the way trying to delay the release of the report. it's about allegations of the political influence. there's a fight between the finance minister and president that's been rocking markets. you can see the trade in rand -- take a longer term view and you see an impact on the rand. >> i had some friends staying over in south africa. we were talk about this issue. and they were saying this is the tip of the iceberg. not making allegations against anyone. they are saying there's all kinds of issues surrounding other avenues not just the family that continue to plague the government for a long time. that's the feeling on the ground in south africa. >> the finance minister and the president who is still in control. >> there's much wider ramifications for the broader government and the way business is done at the government level. >> did you drop south african wine. >> maybe. >> we'll take a break. stay with us. we'll find out more about steve's house guests and should companies capitalize encore or stay bigger to be better. we'll get into

south africa's parliament defeated an opposition motion to remove president jacob zuma who has been fatesings of scandals including possible government corruption linked to the presidency and his associates. the motion by south africa's biggest opposition party was rejected after an often raucous debate in which rival lawmakers heckled and traded insults. british police say the drive ore of a tram that derailed in london has been released on bail. the man, who had not been publicly named was arrested after that crash on suspicion of manslaughter. the tram came off the rails while rounding a curve in lond yesterday. -- in london yesterday. the tram won't be moved from the site until tomorrow. i'm mark crumpton, it's 6:30 p.m. thursday in new york, 10:30 friday morning in sydney. paul has a look at the markets. paul, good morning. paul: good morning, mark. we're off to another bright start on the a.s.x. shares up after the first 30 minutes of trade. it's the usual suspects leading the gains. the only ones weighing on thic decks -- index are the gold stocks giving up some gains mid-week. the au

further afield, south african president zuma credited castro with helping to defeat apartheid. was cuban soldiers who dealt south african troops a major defeat during fighting in angola during the late 1980s. the cuban government has declared nine days of mourning, as you mentioned. castro will be cremated today. his ashes will be interred at a cemetery in santiago de cuba next week. back to you. >> and matt, it's not just the world leaders that have been reacting to the news of castro's death. as we saw in little havana, we see people who have left dhaub are celebrating in the streets. have you heard any word of that happening? >> reporter: well, yes. that's the most poignant reaction. but it's certainly a time of reflection for this towering figure over the 20th century throughout the world. scholars have noted that though he inspired liberation movements especially in latin america and in africa, he exercised what could be considered an oppressive governing hand at home. again, reaction the most vivid being in miami in little havana. but throughout the world, scholars and pr

south korean president jacob zuma -- south africa president survived after top officials failed to force him from office during a meeting of the national executive committee, according to members at the meeting. zuma's presidency has been marred by scandals and policy missteps that wait on the rims and put the nation's credit rating at -- that weighed on the rand and put the nation's credit rating at risk. francine: these are your markets. the story is in opec, with oil retreating below $47 before opec has its formal meeting on wednesday. we know that one of the ministers has already talked. we know there is resistance from saudi arabia to cut production. we are seeing a rally in metals run out of steam. developed asian stocks slipping as investors try to figure out whether donald trump will theulate enough to reflect economy. you see a little bit of pressure on some of the banks in italy, this because of the referendum on sunday. you can see the dollar index, 101.42. from brexit to trump, the italian referendum to elections across europe, politics appeared to be driving the markets as w

senior rulers called for jacob zuma to step down. that will help fuel some of the gain in the rant. oil which had a really up and down day. take -- today. they are trying to work out the technical details. i have not done it yet. still trying to put a cap on oil production of some sort. they now markets are a little bit more helpful than they were earlier in the day. oil is a five-year look at production. you can see that it has been surging over the years. you can see why there is some eagerness to put this cap on. there is oil flowing from everywhere in the world. there is a lot of geopolitical differences between the various countries. no deal yet. let's look at some other commodities which are absolute monster surging. keep talking about these industrial metals every day. everyone is demanding from china. we don't talk about lead that much. up another 5.5%. really quickly, i want to look at coffee. a boom brazil has called in brazil. scarlet: that is ugly. those are today's market minutes. datait is an economic bonanza. thursday, we will get manufacturing and on friday, the jobs

zuma.day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm mark crumpton. this is bloomberg. -- and: forget alpha motivation and purpose matter just as much if not more to producing higher returns on investment. joining us now is suzanne duncan . state street now offers this quiz online to the financial community. this is a quiz -- some of the questions that state street focuses on are what motivates you to perform, why do you work in the investment management industry, d you consider your job a calling, a career? these are ways to determine or measure phi. , after 18or starters months of research, we have made a very important discovery on behalf of investment management industry and individual investors. we discovered a hidden variable of performance. we have quantified it and named it phi. phi is internalized purpose such that you would fully embody the purpose -- matt: how is this replacing a culturence driven for strategy? suzanne: we plastered in wave

tols for president zuma reside are growing. saying that they may have reached the ethics code.ation has been ordered into the actions. party like it is 1908. the cubs won their first series by beating the indians in a decisive game seven in cleveland when with 10 innings. global news, 24 hours a day. powered by our more than 2600 journalists and analysts, in more than 120 countries. tom: thank you. we will talk about this later that i suggest massive and record ratings across the nation last night. just extraordinary. let's go to a data check. morning, megan murphy of the washington news bureau. diehard cubs fan. the dollar weakness. 1.1097., oil has been weaker. the second screen here. 19.39, still migrates in a trump fashion. investigatorskly, over the race. i want to look at the euro-pazo because these are the most extremes. egypt's currency is tumbling as floatingch to freely exchange rates and you can see that gold is down a touch but actually still up on the three-day move. election is the thermometer. we have mentioned this time and time again. you can barely see that li

three members of south africa's cabinet have called on president jacob zuma to set down -- to step downeed to keep a close eye on, as there is possibly more political turmoil in the u.s. and europe, but also in south africa. coming up, "bloomberg daybreak: americas." david, what are you excited about today echo david: opec. willem buiter will be here to talk about opec and oil. , hereo have bob kimmitt to talk about president elect donald trump, what he is doing with his cabinet, looking at that process. here,tail sales very big black friday and now cyber monday. we have the ceo of ups, what they are shipping so far and what they expect for the rest of the season. francine: i am looking forward to the program. david westin there. more foreign policy and what donald trump can do for foreign policy. we're back with gideon rose, .oreign affairs editor if the u.s. retrench us from foreign policy or the pivot to asia, can china fill in the gap? we heard the chinese premier talk about free trade, climate change. is he positioning himself to be the one that takes advantage of a u.s. retreat? g

calls for zuma to assign a closed matters and the rand had rallied and seems to be reversing today.the real world version of "the apprentice" taking place at trump tower as having selections continue when retired david petraeus met with donald trump yesterday. here is what the meeting. about oneith them for hour. he basically walked us around the world. showed a great grasp of the challenges that are out there and some of the opportunity, as well. very good conversation and we will see where it goes. joining us for more on trump's cabinet pick is marty shanker, bloomberg's senior executive editor for politics. then use this one had to do it health and human services and congressman tim price. tell us about that. marty: he is a favorite of the tea party, unlike others who poorjust called generally obamacare to be repealed, he has proposed legislation to do just that numerous times, so he has very specific ideas about how to pick obamacare and he is a surgeon, so he has real-world experience dealing with health care. retirede is a orthopedic surgeon and an outspoken advocate for the d

thatcher and we understand south africa's biggest labor group is backing ramaphosa to succeed jacob zumaon the news just a couple you cannot, and underestimate how much power that group has, saying they back amaphosa. we will have plenty more on that breaking news. equity markets up across europe. let's head to the bloomberg for your asset check. happy thanksgiving. mark: no trading in the u.s., but the bloomberg dollar spot index is tracking. this is the gauge of the dollar against 10 years. it has risen since trumps speculation his policies will mean a quicker pace of monetary policy. minutes from the fomc meeting say officials saw a case to raise rates, with some saying the hike should have in december. asian currencies trading at levels we haven't seen since just after the financial crisis. 2009.west level since since trump was elected, this gauge is down 2.6%. today, the rupiah in india, record low. you get the gist. spanish gdp, big data today in line with expectations. 0.7% growth led by household consumption and public expenditure. a year ago, the economy grew 3.2%. prime ministe

. -- ministers tried to remove zuma if the president does not quit. global news 24 hours a day, powered by our 2600 journalists and analysts in more than 120 countries. i'm emma chandra. this is bloomberg. david: -- vonnie: i just want to point out what is happening with the markets. the dow down one quarter the -- a percent. health care stocks are leading the way. but the vix is important today. 13. above it has been falling most of the day. vonnie: --david: we will look at the "bloomberg markets" deals report. in focusg media deals as time inc. rejected a takeover from bronfman. john chachas is a managing advisor at methuselah capital advisors. he advised clear channel on its $18 billion buyout. he is begin with alex sherman. alex: i want to dedicate the segment with the divide between traditional and new journalism. on a processsed that takes many months. in hindsight, d second-guess the strategy at all? -- in hindsight, do you second-guess the strategy at all? there was a lot of public disclosure about what our client wanted to do. it is a shame i

when chopped one -- one trump one, the state of zuma gave a standing ovation.on't think putin is happy with the results because now he still needs to make america into the enemy but it is going to be more difficult. >> internally the russian economic situation is very bad to be in a position of sections. >> i would not say because of the sanctions. that is 10% of the answer. 50% of the answer is the drop in oil prices. the rest is poor management of the country. it would not be a good idea for the president to tell the people are standard of living has been falling for the past two years because i am an ineffective manager. >> that is not putin's style is it? >> he was asked if you have any regrets. he said no, i have done anything just fine. >> let me be blunt. i'm sure the audience will like to know the answer. we have the question yesterday about how dangerous is the proximity of president-elect's desk president-elect trump's -- we got the long answer which in of stagesere are lots that have to be gone through before you can press that button. conflict in th