As how we trade. The dollar, flatter on the day. Less than 82 basis points. This is what the banks will hate. The vix under 10. A tough quarter for them. The morningfor brief. We are going to get weekly u. S. U. S. Priceims and index data. Trump is set to sign an order he says will promote Health Care Choice and competition. At 1 00, the u. S. Treasury will auction 12 billion in 30 year bonds. Emma little progress has been made in talks with the uks with the u. K. Much is deadlock over how the u. K. Will pay for the right to leave. Davis is urging leaders to take a step forward and move talks to trade. The death toll is rising from the wildfires devastating california. At least 23 people are dead. 180 are injured. Hundreds are reported missing. The fire has destroyed at least 3500 homes and businesses. Get congress to repeal obamacare, so he is going after it himself. He will sign an executive order that the white house says will promote competition. It will likely allow people to band
Welcome to bloomberg daybreak our flagship morning show in london. Matt miller back in the german capital. Great to see a map. Lets get some breaking news on ubs. Surprised investors with the drop in financial strength. The capital rates rising to 13. 7 in the month through september. Net income rising 14 . That could come in below estimates. Wealth management is the banks core business, contribute 500 million francs, that is up. A little more appetite for risk. We will also hear from the ceo of ubs. Matt we have a couple of headlines. Are goingnd clarion to abandon their merger. These headlines are just crossing the bloomberg terminal. It is going to avoid paying, so it will save 300 million. Huntsman and clarion mutually come to this decision. Speaking of deals, we have a headline crossing the Bloomberg Lafargeholcim and talks. Theyre going to reset their 2017 and 2018 outlooks after thirdQuarter Sales came in at 6. 9 billion ahead of estimates. Generally in line with estimates as fa
Dollars is too big. We are in a whole different environment. David earnings reports from banks in Silicon Valley in the spotlight. We are swimming upstream. Market shares are hanging in there. David it is all straight ahead on bloomberg best. David hello and welcome, im david gura. This is bloomberg best, your weekly update of important analysis and interviews from around the world. Lets begin with a look at the top headlines. On monday, the results of at snap election in japan delivered a boost to the ruling party. Prime minister shinzo abes gamble on an election may have paid off. He comes out of this with a stronger mandate. What does that mean for abenomics . It was a victory based on one crumbling opposition. And a referendum on abenomics. We have on employment below 3 . The stock market this up in areas we have not seen since the 1990s. We will likely see a continuation of abenomics, as well as mr. Abes plans to hike consumption tax, but not until 2019. And also, slow moves to re
Freedom of information act, tom, thanks for joining me. Im not sure where to start with this. You were pretty active and caught my eye by suggesting comey, everyone says he writes these memos and they are detailed and he has been doing it. Why not have all his memo made public. Would that happen. That would be the shocking thing here in washington would be to release the information. These notes or men owes or whatever the document is is being characterized by a third party. And so lets get the document out there, see what the context is. See what comey said or wrote. And then make judgment calls based on that. We cant just rely on aknown plus sources, reading a document to reporters to make leaps of logic that there was obstruction of justice or necessity for impeachment. Its absurd. But frankly this is part of a pattern. You had illicit surveillance of the trump team, you had unmasking that was certainly illicit and probably illegal. Now you have memos spoon fed to antagonists in the
We will carry that live for you as well. Im Brian Sullivan power lunch kicking off right now. And welcome to power lunch. Im kayla tausche. At this hour stocks are mixed Holding Steady off the lows of the session. The nasdaq and s p 500 both on pace for their second straight losing week. The s p 500 hovering just about at that break even level retail names taking a hit following the amazon deal news and the dow turning positive up by about eight points. It would be high fer it werent for walmarts drag of 25 points, down 4. 5 . Energy the best performing sector chevron, all leading the way today. Michelle carusocabrera is down in miami with the president s big announcement hey there, kayla, yes im in Little Havana where a large concentration of cuban exiles trump and that is why President Trump is coming here to announce his new cuba policy trying to make positive on a campaign process he made he believes cubanamericans in miami were crucial to delivering florida to him we are waiting t