A lot of the focus is on the tension in hong kong and what that means for european stocks. You can see a shift to the downside. Pound is your time to figure out whether we will see a deal or not. The dup is pushing back on what was optimism in the markets. The u. S. 10 year yield is at 1. 72. To a chiefwe speak executive. They have a new way of looking at risk, dont miss that interview at 11 30. Lets get straight to first word news in new york city. Ohio, joe biden defended his son against Donald Trumps attacks and Elizabeth Warren faced criticism of her how she would pay for her vast government programs. But the Democratic Candidates reunited on one thing, the need for an impeachment inquiry into President Trump. President mounting on and kara ankara. They face sanctions and accusation of war crimes. Moscow says the operations are quote unacceptable. A former pentagon chief says that recent actions could lead to a return of the Islamic State in syria. Surprise injection caught traders
We see a bit of a drop when it comes to european stock equities, down some 0. 4 . A lot of the focus is on what Central Banks will and wont do in the upcoming days. Looking at pound, because of herschel he parliament and the suspended. Rogued, 1. 63, soear yield at it is stabilizing a little bit. We will be speaking to a Morgan Stanley chief executive. That interview coming up at 7 30 p. M. London time, but first, lets get straight to new york city and the bloomberg first word news. Of the chineser communist party taking aim at comments from a peter navarro, saying they are unconstructive lies. The president ial advisor is considered a hawk. He has repeatedly accused china of seven deadly sins. The peoples daily says such comments are preposterous. Te winningster con the first of two confidence votes in the italian parliament. Withomised to work closely brussels on a 2020 budget featuring lower labor taxes and a minimum wage. Later today, his Government Faces a senate vote. Factory pri
Francine welcome to bloomberg surveillance. These are your markets. A lot of focus is on the Corporate News and a lot of the focus on the data we have from the u. S. European stocks are pretty much unchanged. Technology stocks are better than expected. But some of them are still disappointed. If you look at it, a lot of it is stock by stock. Eurodollar at 1. 1134. And then you can see the pound at 1. 2428 after jeanclaude said no. Coming up, right here, we hear from the renault chief executive. That interview in around 15 minutes from now, plus, we speak to the u. S. Secretary of state, and later on, to the starbucks chief executive. All of that coming up and much more. Lets get straight to first word news in london. Governments need to pitch in with fiscal measures if conditions in europe keep deteriorating. That is according to mario draghi. He signals more monetary support in september buts comments suggest the central bank is getting close to the limits of its power. The outlook is
Administration and disney revealing the true villain of its marble universe as earnings disappoint and the stock sags on this wednesday, august 7th. Worldwide exchange begins right now. Afternoon, good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan thanks for joining us on Worldwide Exchange. It is only wednesday, but it already feels like a full week, doesnt it down big on monday half of it gained back basically yesterday. Heres how things look now futures are not giving you help. Look at that, dow futures are up a scant 7 points one of the quietest mornings weve had in a few days. In bonds, the tenyear yield continues to be on the move. Bond yields keep coming down look at that yield 1. 68 . Below 1. 7. That seems very low for us, but consider that nearly 15 trillion worth of Government Debt around the world, countries like japan, germany, france, denmark, they have negative Interest Rates maybe the global race rate to the bottom, three Central
Jobs. Anna good morning everyone. This is bloomberg daybreak europe. Let us get straight over to the Market Action in the asiapacific. Energy story. Nd energy and mining stocks are feeling the brunt of the selling in the asian session. There are questions about the move over 4 or the 10 year chinese yields if that will influence the stock markets negatively there. Second day we are seeing drops away from the highs. Doubts lingering in the markets as to whether there were as to whether there is really a conviction. That looms large on the agenda for thursday. We are getting comments from the Saudi Oil Minister saying there are no differences in opec. Is there asndex well. Pretty flat right now. We did see a little rally in the yen earlier. That perhapsjapan the North Koreans are preparing a Missile Launch and that increased the appetites for the risk havens earlier. We have the Jerome Powell testimony. Looking at the markets in the u. S. Fridays terms of shopping, cyber monday. We talke