Official think lowering to a negative rate will not provoke a backlash. Attention on the trade war. The deficit seen widening last month. Lets get a quick check of asian futures right now. In japan we got the nikkei futures pointing modestly higher. A similar story and south korea. While here in australia we have got futures pointing higher. New zealand been trading for an hour now. Not a great deal of action to report. Paul shery ahn u. S. Futures not doing much of the moment. After stocks drifted throughout the session, and then we had a slight uptick for the s p 500 to gain. 3 . We have consumer shares rounding and Energy Stocks were some of the big losers. Losing a lot of ground after that huge surge we saw a 15 for crude monday and continuing to fall below 60 a barrel. We also have banks underperforming. Ahead of thatll fed Rate Decision on. Wednesday ahead of that, we are now seeing the money markets and turmoil. Take a look at this chart on the bloomberg. We saw the rates surge
Morning. Education secretary rick perry calling it a deliberate attack on the Global Economy. Plus oxycontin maker, pharma filing for bankruptcy this morning. First up, though, a series of attacks on two of the Worlds Largest Oil Facilities in the news the u. S. Is rejecting that notion saying the scope and the precision of the attack suggests the launch was made by the houthis but, in fact, originated by iran. Iran calling the claims baseless and unacceptable guys, weve been talking all year long about what it could take to produce a true supply shock. I think theyll come back 5. 7 Million Barrels. Look theres a temporary inability to get permian oil. You can only ship so much. You have one harbor who can handle it, two others. Corpus christi not yet i guess what im saying it cant. Were pumping too much and it does remind you if we had even more pipelines, we could just turn the spigot on its not the Strategic Petroleum reserve. Its the permian. There are a lot of key questions. One,
Governor has the central bank is expected to lower its rate path. Anna this is bloomberg daybreak europe. Lets talk about what been going on overnighting westminster. I am live on ground as we discussed another night in the commons and house of lords. A deal to block no brexit has made steady progress through the house of commons and into the house of lords. Overnight, there was a fear it would get weighed down by all wrecking amendments put forward by the government but that doesnt seem to have been the case. Things moving faster than expected to see the approval of that bill that will block a note of brexit. Could Boris Johnson forced to go to brussels and ask for a delay, something he said he would not do . Would he not deliver brexit by the end of october . He said he would do that, do or die. Timing will be everything. Jeremy corbyn has said he wont give the Prime Minister the general election is looking for an hes assured the passage of this bill. We will look at what the labor p
Reatest number for the long run. Pinchot also wrote that, conservation is the application common n sense to the problems for the common good. Today aker, this bill lacks common sense. Slope of to the north alaska. We can develop clean, safe, energy in the world and and rve our public lands the environment. I would argue its because of our technology and innovation clean fuels like natural gas has allowed the nited states to decrease our global Greenhouse Gas emissions, more than any other country in the world. At this bill today and we look at the history of 1980, a appened, in democraticheld Congress Passed lands ska National Conservation act, and president carter signed it into law. Act set aside more than 1. 5 million acres for responsible anwr. D Gas Development in itself, nearly 20 million acres in total. Such a large commitment, less than a decade after the arab and embargo, made logical sense time. It was 2018 when Congress Approved a limited exploration acres in anwr. 0 than. 0
Tensions and the impact of the restructuring makes this a big results call. The ceo joins us this hour. The performance of its stateside business will be watched as if he does numbers hit we will be joined by the ceo for the details. Welcome to bloomberg daybreak europe. Lets get to the numbers on the bloomberg. The red headline is the group is cutting its profit forecast and considering selling units. That is something we will look at later. To 1. 2 billion euros but it is cutting its studyingrecast and offers to sell some businesses, cutting the profit outlook for the fiscal year. Germanys slowdown pushing thyssenkrupp into a crisis. The units with no clear future cant keep burning money. It is studying options to sell businesses including elevators. We will speak to the thyssenkrupp shortly after 6 30 u. K. Time. Manus lets talk about a little bit of the drug manufacturing side on mark. Weve got the Second Quarter adjusted eps, so this is what weve got for you. Euros, a comfortable