the fed. the president is not happy with anyone who does not do what he wants to do. sophia: strength as the holiday season gets underway. gm announces cutbacks. this as the auto industry copes with headwinds. the focus right now is on business as usual. the conversations around tarrifs, trade wars bring in uncertainty. sophia: despite fears of a global oil glut, the ceo of saudi aramco sees opportunities. we are not only looking at oil, but gas, energy, and that chemicals. sophia: and as investors navigate volatile markets, they tell us what they see on the horizon. the inflation rate one year from now is going to be exactly where it is today. i joke around, both internally and externally, i don t even know what i am rooting for every day. sophia: that s all straight ahead on bloomberg best. hello and welcome. i m sophie kamaruddin. this is bloomberg best, your review of the most important business news and analysis from bloomberg television. let s start with
season gets underway. gm announces cutbacks. this as the auto industry copes with headwinds. the focus right now is on business as usual. the conversations around tarriffs, trade wars bring in uncertainty. sophia: despite fears of a global oil glut, the ceo of saudi aramco sees opportunities. we are not only looking at oil, but gas, energy, and that chemicals. sophia: and as investors navigate volatile markets, they tell us what they see on the horizon. the inflation rate one year from now is going to be exactly where it is today. i joke around, both internally and externally, i don t even know what i am rooting for every day. sophia: that s all straight ahead on bloomberg best. hello and welcome. i m sophie kamaruddin. this is bloomberg best, your review of the most important business news and analysis from bloomberg television. let s start with a day by day look at the top headlines. over the weekend, the u.k. and the european union agreed to terms of separati
president trump renews his attack on the central bank, saying it is to blame for the stock selloff. we hear from governor jay powell later. the prime minister is said to back down from a key battle with parliament. will it increase the chances of a no deal brexit? asia rally as traders hope for a breakthrough on u.s.-china talks, but larry kudlow warns of more tariffs if no progress is made. matt: less than half an hour from the start of european trading. looks like we could see gains in stocks on the continent and in the u.k. we have futures trading higher. we also have 10 year treasuries climbing just a little bit. if you look at my three-day chart, we have come up from a dip yesterday around 8:00 p.m. european time, 2:00 p.m. u.s. 3.06%,coming back up to which means investors were willing to let go of that paper, let go of the perceived safe haven and by riskier assets. anna: we see risky assets doing well in the asia section. asian equities and the broader equities alread
lacqua here in london. a lot of the focus is what president trump on president xi jinping will say over dinner in buenos aires. stocks in europe are down a touch. also, people are trying to repress what exactly the fed meant with the fomc minutes. what that will mean for treasuries. put treasuries because yesterday, they were briefly below 3%, now they are at 3.02% for 10 year yields. 1.2802, and oil may move, on the back of the opec meeting next week. conundrum to the saudi s, on whether they please donald trump, or whether they please treasuries. they will be talking about deutsche bank, currently it is down 2.2%. we also speak today uk s international trade secretary, saying he is now putting his weight behind the prime minister and urging his fellow mps to vote for the deal as well. let us get to the first word news markus karlsson. .ylor: markus: . markus: german authorities are investigating the reason for an electronics failure on chancellor angela merkel is laying abo
this is how your markets are doing. the us futures are pointed to a higher start. investors are rekindling a bit of their risk aspect of it desk risk appetite. the dollar maintaining gains. treasuries are also pretty much study. brent at $60. coming up, we talk marcus with angie wilson, chief executive for goldman sachs asset management in europe. we also talked to william lauder of estee lauder companies. now let s get to the first word news with taylor riggs. theresa may s government had intended to prevent the parliament from trading the terms of the eu agreement, but lawmakers will not be free to vote on a series of changes to the motion. amendments could include calls for another referendum or a different deal with the eu. the bank of england will publish a financial assessment of the brexit agreement at 4 p.m. today, u.k. time. governor mark carney will hold a press conference 15 minutes afterwards. bloomberg will bring a full coverage later today. former nissan chairma