fires rockets at u.s. military base its. tehran says it doesn t want war. boeing737 jet crashes in a ron shortly after takeoff due to stateat stadia media describes as technical issues. all people on board were killed. carlos ghosn says nissan used him as a scapegoat to block further integration with renault. he speaks out in a press conference today in beirut. we are also getting german factory orders in the economic data. it does not look good. november factory orders dropped 6.5% year-over-year. november manufacturing orders dropped 1.3% month over month. that we haverders been waiting for here in germany just don t look good. you want to pull that up on your bloomberg, type ego go. pull down on the german flag. the picture is fairly dire. just under an hour away from the start of cash equity trading in europe. before the factory ders came through, they were bad enough. now you can see, dax futures are down even more. 1%. more than double the losses that we see on ftse f
rates are the second time this year, but jerome powell says only moderate policy moves are needed from here. down, a more turn extensive sequence of rate cuts could be appropriate. we do not see that, it is not what we expect, but we would follow that path if it became appropriate. anna: the fed also plans a cash injection to tame the repo markets. sticking to its guns, the boj calls for an october review after leaving policy unchanged. investors look to the bank of england for their interest rate decisions later this morning. a half-hour from the european open. treasuries, let me trim this chart down. we have come back down from the fridayike we shot up to my currently trading at 1.70% after jerome powell s press conference. we see futures pointing to a negative open in europe. on the s&p more tellingly. french futures flashing a little green. off almostures are 0.25%. what do you also see? anna: u.s. futures do not will bethe late rally sustained into today s session. we se
the owners of several residential care homes in the bay area called rainbow bright are accused of carrying out some dark deeds. in san francisco today, the state attorney general s office showed off 14 illegal firearms seized during a year- long investigation. four members of the same family faced charges of human trafficking swells wage theft and tax fraud. the defendants operated two child care facilities and four adult care homes in south san francisco, daly city and pacifica. authorities say they exploited filipino immigrants who came to them for work. they were forced to work 24 hours a day, slept in garages on the floor, locked out in the rain when owners weren t home. one defendant is charged with three counts of rape against a female employee whom he was trafficking. authorities say the defendants also threatened to turn the employees over to immigration officials if they spoke up about their treatment. henry lee will have a live report on this at 5:00. meantime
the market is underplaying the risks of higher rates. are we heading to 3% on the u.s. 10 year. the u.k. warns the european union warns another financial crisis. can brexit end will for the city of london? shining a light. the eu market regulator announces a last-minute delay to our changes to the darf trading limits. is mifid now a mess? matt: let s look at futures. from where i am sitting it does not look like it will be a good open, a rainy day in frankfurt and down on the futures across the board. futures are positive, but for the most part down and that is understandable after a long march higher in equities. the s&p 500, up six day sin a row. six days in a row. is treasury trades, guy, where it gets interesting, looking at 2.559%. so, that yield going above 2.5% and staying there. the question is, how much higher do we go if we are looking at the end of the bull market in treasuries? guy: it is probably 3% winning to be looking at as the line in the sand. the australi
welcome to bloomberg daybreak europe, our flagship warning show from here in the city of london. i am an edwards. anna edwards. manus cranny. 13 million dutch people go to the polls, the open in just under 13 minutes. immigration, integration, and islam are the key issues in this debate. the issue is populism goes to the polls in europe today and the dutch put a firewall. the exit polls will be at adequate p.m. tonight, we will be live in the hague. manus on the ground to cover the dutch elections. with us throughout the program. is coming in.news coming in.bitda shy the 1.4 billion that was estimated. sales were up by 13%. giving us some guidance on the picture as a report the full-year numbers. 1.6full-year net profit billion. that is in line with the 1.6 billion that had been estimated. let s leave the retailer there for the moment and watch shares at the start of trade. we need to talk about volatility and in a number of places. oil is increasingly one of those. give