And the europeans need to take necessary actions. The United States has basically in my view for a shot itself in the foot by withdrawing from this agreement. Nejra netflix slumps. A drop in u. S. Customers and slowing growth overseas. Shares plummet in extended trade. In europe, watching for results from s. A. P. Welcome to daybreak europe, just on 6 00 a. M. In london. Numbers from novartis are coming through. Second quarter core operating profit, at 3. 65 billion. The Second Quarter core eps, 1. 34. Second quarter net sales, 11. 76 billion. 2019 guidance has been raised for the new focused medicines, and they named a president of pharmaceuticals. They see d sales up mid to high sigel digits. To give you more detail, the Second Quarter sales, 858 million, the estimate of 868 million. A little miss on Second Quarter sales. Were waiting for a few more numbers to come through. 2019 sales guides race for both for both raised units for novartis. Manus, what do we see in the broader market
Bank of greece governor. And a Swiss Company a Johnson Johnson takeover target. In athens guy lets talk about why we are here. Be speaking tos the governor of the bank of greece. He sits in the ecb as well. We need to have a conversation about what is happening on the ground in greece, which talking to ceos, they sound positive. A big rally in greek assets. Then we come to the ecb. Thinking about the big questions. The meeting on the eight. What is it ultimately going to deliver. That is what we are building up to. The ecb, a lot to think about at the moment. Anna a lot to talk about. Lets have a look at where we are expecting to open. Half an hour until the start of the European Equity trading. Asian session has been decent. Indian equities up. Movement,ting contrary to the direction of travel. Since the victory of donald trump, the story has been of the strong dollar. The euro, up 0. 4 . The ecb story factoring in. With this story, we are watching what is happening on the bond market
President of the Peterson Institute for international economics, adam posen. Stephen king joins us for the hour. We talked brexit in the euro economy. All of that is coming up. Lets check these markets. For the u. S. , yesterday was labor day good happy labor day with a day late. This is the picture among a lot of the asia economies. The stocks rallied in asia. They were rallying in europe. Now they are down to 0. 1 . The hike this month remains subdued. The Australian Dollar rising. Crude oil trading above 45 a barrel after the worlds producers pledged to cooperate to save lives. If you look at nymex, it is higher because of yesterday. Even i on that. Lets get this keep an eye on that. Lets get to keep an eye on that. Lets get to bloomberg first word news with nara. With nejra. Weakness does a dance. A surge in goods from the euro area. A series of data signaling they economic events and europes largest economy has cooled. Bayer has upped its bid for monsanto a second time. The chemic
That sends an incredible message not just to the financial sector, but everyone. Matt taibbi on, the divide american injustice in the age of the wealth gap. Fileas millions race to their taxes today, we will speak with one tax resistor about why shes refusing to pay her federal income tax. All of that and more coming up. This is democracy now , democracynow. Org, the war and peace report. Im amy goodman. Launched an it has operation to retake government buildings from prorussian separatists in the countrys east, despite the announcement it appears no troops have moved in so far. On monday, the separatists seized even more buildings after flouting Ukrainian Governments deadline to lay down their arms. The russian government is warning the crisis could spark a civil war. The u. S. Is threatening new sanctions against russia. In a phone call on monday, president obama told russian president Vladimir Putin to rein in the separatists, but putin denied interfering. Jay carney said the u. S.