For the president , it was very important to get a win. Juliette the boe stays cautious as the brexit outlook remains uncertain. If you look at the details and negotiations, there is still such a long way to go. Juliette plus, a special bloomberg series highlights Climate Change with expert insight and analysis from every angle. The average global temperature is going to go up a lot. We have to fight Global Warming and have intelligent Climate Change policy. Policy shifts being made are creating new markets. Juliette it is all straight ahead on bloomberg best. Hello and welcome. I am juliette saly. This is bloomberg best, your weekly review of the most important Business News, and interviews from Bloomberg Television around the world. Lets start with a look at the headlines. The week began with a geopolitical shock that jolted Global Oil Markets while raising tensions across the middle east and beyond. Saudi Aramco Oil Facilities hit by an attack over the weekend. Strikes have cut saud
Juliette the u. S. Announces a trade deal with japan. The boe stays cautious as the brexit outlook remains uncertain. There is such a long way to go. Juliette plus a special bloomberg series highlights Climate Change. The average global temperature is going to go up a lot. Take globalo warming, have intensive Climate Change policy. Policy shifts being made are creating new markets. Juliette it is also ahead on bloomberg best. Straightahead on bloomberg best. Juliette hello and welcome. This is bloomberg best. Your review of the most Important News and analysis from around the world. Thes start with a look at headlines. The week began with a geopolitical shock that jolted oil markets while raising tensions in the middle east and beyond. Saudi aramco, Oil Facilities hit by an airstrike. They have cut saudi arabias will production in half. It hit the worlds biggest will production facility. Rebels in yemen claimed credit for the attack. The u. S. Is blaming iran directly. What we are hear
Disagrees. As ecb bond buying divides opinion, we will hear from Christine Lagarde, plus how negative yields are impacting the Worlds Largest Sovereign Wealth Fund. Matt i know what the big news for you was last night. Number in the u. S. Showing manufacturers in contraction was fascinating. It definitely moved markets. If you are, even sitting in the u. K. , there is no doubt that was one of the biggest market moving things yesterday in terms of increasing fears, changing the price on futures. We will discuss that. Matt we will touch on brexit. We are going to be going down to westminster throughout the morning and following the fall out of last nights vote. Lets take a look at the market numbers right now, starting with asian equity indexes after those big drops in u. S. Stocks. We see asian stocks rising. Yen bouncing back a little bit. Just an hour ago. To sellare more willing safe haven assets in the last 60 minutes. Crude oil i think fascinating. Weakness we have seen in crude oi
Tenyear, and we are looking at a situation where the euro is going down. Basically, olli rehn has said we are going to get the bazooka out in september. It needs to be impactful. We are going to deliver in september, and when we do deliver, it is probably better we go too far rather than not far enough. That is the effect on the euro. Vonnie in the u. S. , we are seeing the s p 500 trade higher by about 2 10 of 1 . Broadly higher for most of the major indices. The 10 year yield is at 1. 55 , so continuing to decline. The spread is staying positive, marginally. Guy a little bit of breaking news. The Swiss Stock Exchange is said to be considering buying an eu for somerd, looking diversification. Story. Y be yesterdays we will come back to that. Trade concerns causing some fluctuations in the market right now. Treasuries resuming a rally that pushed the 30 year below 2 overnight. Joining us now, patrick spencer, baird vicechairman of equities. What have you made of the last 48 hours . Pat
Japan increases the pressure on south korea. Europe braces for announcements on trade from President Trump today. Trade pains and job gains. Report is expected to be a takedown from the june number. After the release, we will hear from larry kudlow. Matt good morning. Is bloomberg daybreak europe. I am live from berlin. Se are looking at allianz earnings coming across the wire right now. Companyres to the compiled estimate of 2. 9 9 billion euros. It is a leading on it is beating on the Second Quarter. Seen a range of 11 billion, 12 billion on the year. If they hit that number bang on, it will be no change from last year. We are going to speak with the. Llianz cfo do not miss that interview at 7 00 a. M. London time. In about an hour. Nejra . Nejra i have numbers coming in from credit agricole. The context is it is joining fox capital. Listing the Second Quarter ratio, 11. 6 . Secondquarter revenue coming in t on meeting the estimate. If we take a look at some of the other numbers comi