One that walks away from these talks. Reporter hong kong drops and unpopular law but unrest continues. You can see the level that has been built up. Reporter argentinas debt crisis deepens. They have to do something to contain the flow of dollars out. Reporter the fed given more food for thought. A strong correlation with the session ahead. Not a great report, it is decent. We want to remove obstacles to Economic Growth. Reporter the top interviews on topics from trade to race. These give us reason to double down our efforts. Low Interest Rates have significant effects on turnover. We have the fundamentals right to deal with a slowing bubble economy. Reporter it is all straight ahead on bloomberg best. Hello and welcome. I am kailey leinz. This is bloomberg best, your weekly review of the most important analysis and interviews from Bloomberg Television and around the world. Lets start with a day by day look at the top headlines. The week began with the u. S. And china entering a new ph
We are looking for disney plus competition about how youre going to turn it around well speak exclusively with tom to launch in november. Well, i think were focussed back to you. Julia, thanks donahue about the impact of the on what we can do to make our new round of tariffs on american uber and lyft set to report next airline better every day and continue to execute well for the week leslie picker with a pick for companies. Very powerful business lobby group. Joining us for the how is longterm. Us. Reporter both trading well we are competitively better below the ipo prices michael from ubs with us for the top of the show can Second Quarter earnings give is steve grasso. Equipped to serve hawaii because them the boost they need of our fleet and our products wall street expects both companies to continue posting losses if you remember last quarter and our Great Customer service the search for yield seems to be and cost structure than any they reported each had quarterly other carrier. D
Data check for you. Stoxx 600 pretty flat this hour. Fourth of july low volumes waiting for payroll data from tomorrow. Outperforming. Yields areyear certainly worth talking about. Yields have dropped below the 0. 4 level, below the ecbs deposit rate. Weve got gold still acting as a haven above 1400. The dollar index not moving all that much. President trump doesnt like the strength of the dollar. We will talk about that. Wti not reacting positively to the production cuts extended by opec. Lets take a big picture look at what is going on in these markets now. The u. S. Stock market closed for trading for the july 4 holiday. In europe, equities continue little changed while investors search for direction and await u. S. Jobs data. We are joined now by paul markham. Very good morning afternoon, in fact, here in london. Valentin, lets come to you first. It does feel like risk off is back on. Currencies are outperforming low yield ors. It remains to be seen whether that positive feeling wi
Pricing surrounding the feds next rate decision. Plenty of great coverage coming up. Lets get a first word news update with olivia hows. Olivia at the vatican today, russian president Vladimir Putin met with pope francis. It is a sign of closer ties between the kremlin and the catholic church. Russian officials said the meeting would focus on syria and ukraine. Tomorrows the pope is due to hold talks with the ukraine about conflict in that country. British special forces have seized a supertanker suspected of carrying iranian oil to syria, in violation of u. S. Sanctions against the syrians. The tanks are ready to go, and the fighter jets are set for the flyover, all part of President Trumps changes to the two directional fourth of July Celebration on the National Mall the traditional fourth of july silla brush and on the National Mall. There is concerned that the 20th to Nuclear Treaty with iran is about to collapse asked that the 2015 Nuclear Treaty with iran is about to collapse tha
Legislation,extra extradition legislation saying it is dead. Deutsche bank shares slumped over 5 as danske bank flashes its profit forecast for the year. Manus welcome to daybreak europe. Time for a little defense. S p, lower. It is blackrock who leads the charge this morning, cutting their equity risk, changing cash balances. Go moderately defensive, the difference between blackrock and blackrocknley is likes u. S. Equities. They still want to be overweight u. S. Equities, so that is something to bear in mind. How much more bang for your fed back will you get . We will put that to the guest host this morning. Lets look at consequences of over ambition. Capital. Apple. The michigan what happened during the session, a downgrade coming through. Fundamental deterioration they are saying. They are worried about the iphone and in terms of analyst, they havent been this negative on apples 2004. Ratings on the stock, the most since 1997. The market is pricing in 87 basis points of a cut. Thre