Ahead of todays key jobs report and promises from jerome powell. You have one week. The eu gives Boris Johnson seven days to revise his brexit deal, or risk a postponement of the u. K. s departure. And bob dudley steps down after a 48 year of the ceo of bp as the ceo of bp. Matt, good morning. Matt good morning. The are less than half an hour away from the start of european trading. Right now, i wanted to show you the 10 year yield. This is what happened yesterday when you got the ism nonmanufacturing number. Investors buying bonds, pressuring the yield down to a little more than 1. 5. We are looking at 1. 54 on the 10 year yield. We are looking at solidly green futures here in europe. Not huge gains, but the ftse futures are up, about 0. 4 . Tack and dax futures trailing a little bit. The dax was closed yesterday, so today is the first day after a short holiday. It was reunification day here in germany. Markets looking like they are going to open up positively, but u. S. Futures are d
President wont participate in the cleveland inquiry, calling it unconstitutional and invalid. Powell sees the fed growing the Balance Sheet again. They suggest this is not a return to crisis era stimulus. And Credit Suisse considers a return to u. S. Wealth management as the ceo seeks to boost growth and Private Banking. A warm welcome. You down to the start of equity trading at just less than half an hour. We are live in dublin once again as issues surrounding the irish continue to dominate the Brexit America narrative. We have heard from ireland how they see it difficult to achieve any kind of deal. Thats why we are here, focusing in on the broader story. Is not pricing in anything happening at the end of ober looking for a timber looking for other market moves to take place. Matt interestingly, we dont see 10year gilts under that pressure. There is very little change from the closed yesterday. They did not drop on Jerome Powell. This is where the yield is right now. They said the fe
Peoples republic with a deploy of military and economic might. President xi stretches national unity. Protests stresses national unity. Protests continue in hong kong. Manus very warm welcome to bloomberg daybreak europe. Moved the rba has moved and it is a dovish move. The aussie has dropped because the rba is ready to do more. Therein lies the point. There is more slack in the economy. I love the french from steven major. The Central Banks are first, at the front, ahead of the game on rates, ahead of the game on language. Have a look at the risk profile this morning, because it is all about the prism of fx and the markets. The dollar is up nearly 3 in the quarter, the best quarter we have seen since the middle of 2018. It would be for hearty and dangerous to bet on rate cuts to take the dollar down. Bmo says it is the most unloved rally and impeachment could draw it higher. Of course, you know, since the end of june, there is a discussion, the aramco story is front and center. That i
Point with them the investigators and asked him about this we have absolutely zero evidence that he was informed about it. Loud protests get underway in hong kong amid tight security as china celebrates the 70th anniversary of the founding of the republic of china. Boris johnson says they are prepared to present a plan for the eu a rise in operating profits to more than 5 billion euro by 2022 saying exclusively that the firm can handle the deadlines we have contribution of airfreight slowing down. We are not independent from the markets but we have enough selfhelp to continue to improve our models good morning and welcome to street signs. We have a busy show ahead. I want to bring you some eurozone data. These are the final manufacturing numbers for the month of september the pmi has come in 45. 7 this is. 1 higher than the flash estimate this is the lowest level since october 2012 looking at final new orders, that has come in at 43. 4 it is loss the lowest since october 2012 perhaps p
I am Francine Lacqua in london. And little optimism seems to be fading away. We have the 600 opening unchanged. A lot of focus is on the economy. We had a little macro risk out there for now but they seem to be in check. We are getting euro area september manufacturing pmi, 45. 7 is a touch above estimates. We expected a 45. 6. It is below 50, but 0. 1 percentage point higher. The u. S. 10 year yield at 1. 72. Coming up, we speak to david herro on the fallout from the Credit Suisse scandal. That interview at 10 30 a. M. London time. Herros is the biggest shareholder for Credit Suisse. A jinping has kicked off massive military parade to mark 70 years of communist rule and pledged complete National Unity as democracy protesters rally in hong kong. Lets go to hong kong with Stephen Engle. What is the latest . Stephen tens of thousands of protesters are defying a police fromand they are marching the eastern part of Hong Kong Island to central and beyond, perhaps even as far as the Liaison