Many many markets in a decade but it falls short. , saudier the attack arabia attempt to move beyond the worst oil shortage of bloomberghe ceo tells will be back online soon. Ofas i said, by the end september, we will be a capacity. Manus it is daybreak europe. We had an irruption in overnight funding. We touched on it yesterday, nejra. Up she went, double bang. Back inpean market came and quelled the market. Was it all to do in paying taxes are paying the auction, or is there a tightness in the dollar market that we are underestimating . But is the debate. Nejra absolutely. This is crazy, was one quote from one of the traders on wall street. It also raises questions about the fed meeting today. The timing couldnt be worse. They are likely to be asked questions about it in the News Conference. On fxs the interest reserves and whether we will see some Balance Sheet expansion to do with this, because we also saw the fed fund rate being pushed toward the higherend. Manus yes, one analyst
Alphabet and amazon report. Nejra welcome to daybreak europe. It has just gone 6 00 in london. Earnings onslaught is a great way to describe it. Roche numbers are coming through. At 30. 4lf sales come in 7 billion. The estimate was 30. 53. First half core operating profit. The red headline, let me get to that. View toits sales growth mid to high single digits. Thats very interesting. Raising its sales growth view to mid to high single digit. Thats the red headline on roche. At 11. 1. Comes in the estimate was 10. 65. Thats a beat on first half core eps. Core operating profit for the first half comes in at 12. 36. The estimate was 12. 16. Theres a beat on some of the numbers. The headline you want to focus on is the fact that its raising its sales growth view to mid to high single digits. There were some pressures whether it wouldve raised guidance a second time this year. To the ceowe speak of roast. Dont miss that interview at 7 30 a. M. London time. Dani burger is standing by with th
A very warm welcome to you. Bloomberg daybreak europe. It is 6 00 a. M. In london. And the bears are showing their angs this morning. Copper is taking injuries. Dr. Copper has gone on holiday. 1843 is your chart if you want to have a look. Copper valued by 15 in 2017. Is it a shock people want to take money off the table . It is the metal with a phd. It tracks the economy. There is something much more prophetic for 2018. What you are seeing are the stockpiles in shanghai. They are rising for the fifth straight week. If you have such synchronized, robust Global Growth, would you still be seeing a rise in stockpiles and perhaps not a draw . We have talked about it yesterday to results and roads, railways, bridges, thomas. Tunnels. It may abate. Fixed Asset Investment may drop to 12 from 20 . That could have a more prophetic phd. T on the middle of a 1843. How is all of this transferring into the risk radar . Metals are down. You have seen the msci asiapacific come lower this morning, dow
Britain wants from a future trade pact. A warm welcome. This is bloomberg daybreak europe. I am anna edwards. Novartis. Will talk to some news breaking. In. Rtis numbers coming core earnings per share for the beat, quarter is a 1. 29. 3. 3 8 billion thirdquarter operating profit. This would be the first quarterly profit increase in three years. Helping them. The core earnings per share is a nice beat, thirdquarter profit 3. 3 billion. Novartis sees significant in the 2017 outlook is reconfirmed. Anna some hoping there might be a decision on that. Basf, how about strong is the chemicals story for this company . Thirdquarter revenue ahead of vestments. Adjusted eve also in line. Of the portfolio is in that area. Are they going to fix the guidance . Germany on at of 1. 5 billion Share Buyback program plan to start in the fourth quarter. I wontumber at give you that. That looks to be inconsistent. Is 491 income number million euros. Numberction on the sales , 3. 5 billion euros. Both those
Warm when weather is here. It will be a hot sticky day but we have chances of the showers and thunderstorms. We will start with the ben franklin bridge and notice we can see areas of blue skies. We love that to start a sunday. We want it to be living up to the name, and boardwalk mrs. A in Rehoboth Beach you can see blue skies there with beautiful 71 degrees. Our weather doesnt stay looking just terrific because we have some scattered showers around there right now going through allentown area, through the poconos, more to come, out in Williams Port we are seeing them through state college, expect to find especially as we move through the afternoon hours scattered showers and thunderstorms and anytime a storm that you see later on today and overnight could contain heavier rain. 70 degrees in philadelphia right now at the airport and allentown. Sixtysix trenton. Sixtyeight in wilmington. Where ever you go it is mild and stays mild with temperatures this afternoon getting in the upper 80