A move that would mark a stark change for the owner of craft and burger king. Nejra welcome to daybreak europe. We are coming to the tail end of earnings season. We have numbers breaking from abm amro. The thirdquarter operating income comes in at 2. 1 billion euros. The estimate was 2. 13. Buts a little soft thirdquarter operating income pretty much in line. The thirdquarter profit income ratio, 59. 4 . Comments coming through here is that the timing of the completion of the dutch probe is uncertain. A few things to digest. We will speak to their cfo, coming up. To the markets. We are seeing a down day in asia. We heard a lot from President Trump yesterday, speaking about trade and the fed, comments we could see a trade deal. If we dont have a tariff hike. We are seeing risk off in equity markets. The hang seng leading declines with a Third Straight day of protest in hong kong. Volatility rising in that index as well. The kiwi is jumping the most in nine months. Switch over the board
Financial sector to its part in fighting lemon change. Climate change. A lot of the focus is on trade or what will happen between the u. S. And china. Gold, always a good litmus test for risk. We can see the yield at 1. 85. Stocks gaining 0. 4 . A lot of focus is on earnings. Loose of ex conversation with the commerzbank she chief Financial Officer. Dont miss that conversation after 10 30 a. M. London time. First, lets get straight to bloomberg first word news. In the u. K. , the first cabinet resignation during an Election Campaign in a century. Quit after aretary report that he knew about a former aides role in the collapse of a rape trial. Ae labour party also suffered blow with deputy leader tom watson announcing he will leave politics after 35 years. He has long clashed with Jeremy Corbyn over the direction of the party. Willank of england probably keep rates on hold as brexit continues to plague the economy. It is expected to cut forecasts. Be nexttion is who will to lead the ban
We are live on the ground. Matt welcome to bloomberg daybreak europe. We are looking at possibly the end of a global drop in equities. If you take a look at ftse futures, for example, they are still being sold. The open now slated to selloff across europe. However, the u. S. Futures dont look quite as bad. A big selloff we saw yesterday. The pound had rallied on hopes that the eu was considering helping Boris Johnson by limiting the time the backstop is in place. The pound fell. Right now we are at 12283 against the dollar is no deal brexit is back on the table in a substantial way. You see yields now rising as investors are selling debt. They did buy it yesterday on concern about the manufacturing numbers that disappointed the market. Thosere now selling treasuries and pushing the yield up to 1. 66 . Speaking of manufacturing, the u. S. Economy is losing speed. Economists are wondering how slow it can go without dipping into a recession. Growth below 2 would have almost guaranteed a c
Welcome to hardtalk. Im stephen sackur. British Prime Minister borisjohnson has positioned himself as the countrys brexit champion, but his pledge to take britain out of the eu on october the 31st is in trouble. Parliament has passed a law requiring him to seek a deadline extension from the eu, so either he negotiates a new exit deal in short order or he attempts to defy the law. How is this british melodrama being viewed in europe . My guest is french mep and former europe minister, nathalie loiseau. Has eu patience with british indecision run out . Nathalie loiseau, in brussels, welcome to hardtalk. Hello. I want to pick you up on something you said yesterday in fact. You talked of a brexit madness. How would you characterise this madness . Who exactly is mad . Well, first and foremost, i would say that, even if we respect the decision of the british people, we still regret it very much because, at a moment in history, where there is a need for unity, where we have big powers through
Now on bbc news, hardtalk. Welcome to hardtalk. Im stephen sackur. British Prime Minister borisjohnson has positioned himself as the countrys brexit champion, but his pledge to take britain out of the eu on 31 october is in trouble. Parliament has passed a law requiring him to seek a deadline extension from the eu so either he negotiates a new exit deal in short order, or he attempts to defy the law. How is this british melodrama being viewed in europe . My guest is french mep and former europe minister, nathalie loiseau. Has eu patience with british indecision run out . Theme music plays. Nathalie loiseau, in brussels, welcome to hardtalk. Hello. I want to pick you up on something you said yesterday, in fact, you talked of a brexit madness. How would you characterise this madness . Who exactly is mad . Well, first and foremost, i would say that, even if we respect the decision of the british people, we still regret it very much because, at a moment in history where there is a need for