Uncertainty on the phase one trade deal, and concern over escalating violence in hong kong dull markets. Conservative election candidates support the Prime Ministers brexit plan. The first headtohead latest debate takes place later tonight. Welcome to bloomberg daybreak . Rope 100 protesters surrounded by police in hong kong. We have learned the schools will be open wednesday after carrie lam says she wanted a peaceful to to the University End the university standoff. Seng isingly, the hang in the green. Other markets like japan declining. A number of reasons being put forward to that. Chinese funds be stepping into support that market. Rba minutes were taken quite devilishly by the markets, spurring rate cut bets. We did see dollar weakness after the meeting between President Trump and jay powell. U. S. Equities is what we saw. Still question the direction and possibility of a phase i deal. It slips another basis point. Crude on the back foot with concerns around rising stockpiles. Ge
Good morning, everyone. This is bloomberg surveillance. There is quite a lot of going on in the markets. It is what is happening with crude oil, 59. 21. That is nymex. Brent is much higher. We have to look at some of the prices at nymex. It is having a huge impact across the board. We are seeing stocks relate to oil price as well. If we have a look at the airlines that have been impacted. Lets get that board up, ryanair down 2. 7 . Bp worried about possible shortages. We will have a lot more on the story. A lot more on the barranco attack. Get to thets bloomberg first word news with viviana hurtado. Viviana would begin with Boris Johnson. A law would stop him from forcing through a no deal brexit. We have been told he will reject any deadline extension. Ahead of the Prime Ministers first negotiations today with European Commission president. Over to hong kong, this we can protesters set fire to a subway station. Police hit back with tear grass and Water Cannons. It is now into its four
There is quite a lot going on. If you look at btps, this is the one thing we need to look at. Stocks, climbing, treasuries, slipping. Retreating. Carmakers leading the gains. Contracts also advancing after the s p 500 index close lower. Lower. Ed towe we speak to the German Economy minister and get his take on the slowing economy. Dont miss that interview at 3 p. M. London time. We are also getting some details from norways Sovereign Wealth Fund about the secondquarter performance. Dani burger has details. Not as bright as we saw last quarter. Fundss sovereign wealth 8 , they hadpoint a gain of about 3 . Comparing that to last quarters return of 9. 1 . I have been digging through some of this report and see exactly what the layout looks like. In terms of how different investments did, Equity Investments returned nearly 70 . Equity, 2. 7 , mirroring what we saw last year. The issue was the global uncertainty we saw. Keep in mind, this was the Second Quarter. This was not even before we
We will look at the performance of asian makers and hear from General Motors. Lets see how things are shaping up for asian rackets. Markets. Roilings tweets are markets and the stocks look to be opening at a low. Taking a look at nikki futures, down a little more than 1 . This brings on the prospect of more retaliation. That will be way down on the. Hares of these Asian Companies especially when japan opens, we will be seeing whats going to happen between japan and south korea. We are expecting the Prime Minister to have an announcement about how they treat those south korean companies. Looking closely ahead to that as well as checking on the commodities later. Sophie thanks so much. Checking in on the terminal. Oc been numbers coming up, rounding out the three big lenders. Net income at 1. 22 billion compared to the estimate of 1. 9 billion. Allowances for loans and other assets came out at 111 million. Secondquarter growth was likely driven by expansion in interbank rates. Income was