Anna daimler out of the doldrums, the german carmaker beats estimates for the Third Quarter and will continue cutting costs. Tesla puts pressure on rivals after surprise profits. A challenging quarter. Operating loss this quarter as its income was impacted. To the stagetakes for the final time as ecb president. We are live in frankfurt all morning as he leaves behind a divided governing council. Matt miller is on the ground in frank for. Lets talk about markets. What are we expecting to see for equity market . A lot of green coming through. Dax futures suggesting upside. Maybe something more muted on the london market. Corporate earnings from germany, france, norway and in between. Interest to is of anybody in banking. Ftse 100 is seen weaker than other equity markets in europe. What is happening in the asian session, the standout moves. We see some upside in the asian equity market. Indonesia, hong kong pointing nicely to the upside. Profits even from the u. S. Seems to be comforted.
Plus financial secretary. Were standing by for Election Results in argentina. The president is under pressure there. We will have the latest. Paul lets take a look at how things are shaping up in the market today. The straily just up and one minute ago. In as are coming online order in australia. Not a lot of action. Futures were indicating pickup of about a third of 1 . Futures for the nikkei traded out of chicago. They are looking slack right now. U. S. Equity markets are also pointing higher. Sytock global stocks back to the highest levels seen this year. Lets check in on the first word news. Su we begin with the california fires. Workingters are to contain blazes across northern california. This has forced the evacuation of 200,000 people. Homes have burned to the ground. This is driven by a windstorm packing 90 mileperhour gusts. Gavin newsom has declared a state of emergency with nearly 3 Million People without power as of sunday. The result of argentinas election is expected in
Afternoon if you are watching from asia. These are your markets. We have quite a lot going through and extra data to check. You can see the stocks europe 600 down 2 because of the fair catch fresh tariff ramp imposed kind of came out of nowhere. People are wondering if it means we will not see a resolution. The one to watch, extending gains and treasuries heading higher. Crude at 54. 8. And if you break down some of the stocks and where we are seeing nervousness, you can see basic resources down 4 . And the u. S. 10 year yield at 1. 84. Coming up later on the program, we have a great exclusive for you. When youre on from taking the ,op job, we talk trade, china and luxury with chief executive. Dont miss that interview 30 minutes from them. From now. Now lets get first word news. The new Prime Minister has seen his parliamentary majority cut to just one after losing an wales. N and the liberal democrats won the special ballot. The tory mp for the area have been recalled after a convicti
Thats why we were talking about the inverted yield curve a couple of days ago, also on deck windham chairman Steven Holmes and Deputy Director and financial ceo chris garcia, cohost of the 5 on the Fox News Channel Juan Williams and Washington Examiner chief Political Correspondent Fox News Contributor byron york. The European Central bank with policy measures to stimulate the economy from wall street journal interview with top ecb official and incredibly wild week of trading, the dow experiencing big fluctuations, you are seeing it yesterday morning when dow futures were down more than 200 points back flipped back, gaining nearly 100 points. Take a look at three market gauges this week, third down week in a row, you see how much ground the dow would have to be to end in territory. We saw bond market, i dont want to say panic signals, signals that we havent since in a long time since 2007 with inverted yield curve and i was at the Stock Exchange the yesterday and the day before walking
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