Markets. It has been a wild ride this week. There was rotation on the back of positive news when it came to trade and then we saw stocks retrenching. A lot of the focus is on u. S. Tariffs in europe. Jeanclaude juncker says that is not so. A lot of focus on data out of germany. You can see the u. S. 10 year yield at 1. 91. Coming up, the intesa sao paulo chief executive joins us for an exclusive interview in a couple of minutes. We focus on earnings and the Banking Sector. First, lets get first word news. The u. S. And china agreed tariff rollbacks will be a key part of any agreement, the big question, is a deal any closer to being done . Donald trumps advisors dont sound certain. Yet to be decided, the time and place for signing this potential packed. Donald trump wanted ukraine to investigate joe biden, that was the message and it was clear according to one official. He says the words being pushed by the administration our investigation, biden, and clinton. Special visashere for doct
Haidi welcome to daybreak australia. I am haidi stroudwatts in sydney where markets have just come online. Annabelle i am Annabelle Droulers in hong kong and we are counting down to asias Major Trading opens. The top stories this hour, asia is set for a week open ahead of key u. S. Inflation numbers. Fed officials empathizing data will drive the pace of Interest Rate cuts. Haidi earnings in focus in late u. S. Trade, paramount still swollen even as streaming subscribers beat the street. Snowflake melting down after its forecast missed estimates. Annabelle plus, bitcoin tiktokking 60,000, as etf driven demand triggers a bull run. Haidi all right, lets get you to the start of trading this thursday session as we get that staggered just creeping online when it comes to sydney stocks. Seeing a bit of a flat start to trading. Looking at the bit of a retreat bringing set up in the asian equity session. Both treasuries and the dollar strengthening ahead of the key inflation metric expert on th
Good morning for our audience worldwide, this is bloomberg surveillance on tv and radio alongside tom keene and lisa abramowicz, im jonathan ferro. Just about positive on the s p 500. Tom not your father strike. When i saw it, they nailed it about the 10 00 p. M. Stock. This is an original strike going back over to uaw history, back to 1958. Into real challenges before world war ii. It is an original strike, a selective strike, that is what is new. Jonathan gm said they offered unprecedented package. From ford, the union made little movement. Rambo, we have not heard from this white house, have we . We are waiting for a statement from the president. Lisa hit the he did speak with the leaders and auto manufacturers. What did he tell them at a time where his policy is contradictory . In one hand hes pushing for electric pickles and a lot of the vehicles are pushing back on yet they are helping some of the auto manufacturing with those. On the other hand, it is it is the most prounion in
Their losses. The shenzhen composite fell more than 2 . Earlier this month, china plus government took unprecedented steps to bolster its stock. In greece, the latest talks on a bailout have begun this morning with the disagreement. Prime minister Alexis Tsipras says lawmakers have approved austerity measures, the creditors disagree. They say more reforms are necessary before greece can get any of the 95 billion worth of aid. Donald trump is worth 2. 9 billion. The celebrity president ial candidate has said he is worth more than 10 billion. The bloomberg billionaires index shows that the majority of his fortune comes from real estate holdings. Bp has reported his slowest quarterly profit in at least 10 years. The British Energy company has been hurt by the end of the boom in trading. The conflict in libya forced bp to write down almost as hundred billion dollars. Brent oil is 20 below its peak in may. The newest book from dr. Seuss has hit stores today. What cap should i get . Is the f
Will join us on macys earnings. Jon futures negative, down by 48 points. Europe come after two days of gains, weve rolled over a little bit with the dax off by. 8 . You at italian banks specifically. Bottom sachs calls the after a day of losses. Euro. Nger in the face of a lot of slide in the treasury market, 10 year is in focus today. Yields still lower, down by a basis point. That call on the yield. Does not look so outlandish today. We will talk a lot about the dollar today. Geetha ranganathan breaks down disneys disappointing earnings. How the yen is affecting toyotas bottom line. Guy johnson has goldman is latest call on the dollar. Ahead to theooks vote on Dilma Rousseff. Plummetingisney premarket. It posted secondquarter results that missed analyst estimates. ,e welcome Geetha Ranganathan live from princeton. Lets talk about the shortfall and reaction here. Obviously, they missed both topline and bottomline. Most of their media peers had reported better results. What happened th