Listen: Bloomberg, Nathan President Trump, High China discussed on Bloomberg Daybreak
"It's five thirty on, Wall Street, good morning I'm Karen Moskow I'm Nathan. Hager and we are just about four hours away from the opening of US trading let's get you. Up to date on the. News you need to know at this hour US futures are lower ahead of. The July jobs report economists forecast, the economy added one hundred, ninety three thousand jobs in July Bloomberg's Vinny Del Giudice reports the economy's added more than One million jobs since the start. Of the year the employment rate dipped this lowest three, point eight percent back in may with. Today's report wage growth will be the key for bond traders keeping score and inflation it's yet to reach the high seen earlier in the century treasury market reaction to the date of late tended to be fleeting in may average hourly earnings rose just. Point two. Percent, from month. Earlier. Two point seven percent year over. Year beneath del Giudice Bloomberg daybreak. Thanks Vinnie the report comes out at eight thirty AM Wall Street time we will, break it down live with Jim Glassman. J. p. Morgan Chase and m KM holdings chief economist Michael. Darva pound. Is weakening after. A BBC interview with Bank of England governor Mark Carney he says the chance of the UK. Leaving the European Union without a deal is uncomfortably. High China's currency is heading for an. Eighth weekly decline that is the longest run since, the start of the country's modern foreign exchange rate regime in nineteen Ninety-four meanwhile. Commerce secretary Wilbur Ross they no there's more pain ahead Unless. China changes, its economic system he spoke with Fox News. The president now feels that it's potentially time to put more pressure on. Meanwhile China is saying once again that it will never surrender to US trade threats Berkshire Hathaway and Kraft, Heinz lead nine companies in the s. and p. five. Hundred reporting earnings today so far about eighty five, percent of SNP members have beat analysts estimates. Royal Bank. Of Scotland. Shares are up more than two percent the lender is laid. Out a plan to resume paying dividends a decade after its government bailout Toyota Motor reported first. Quarter profit. That topped estimates the Japanese carmaker was helped by expense reductions and rising, sales in Asia. Now let's, get you up to date on how stocks are faring we check the markets every. Fifteen minutes throughout the trading day on Bloomberg s&p. Futures that'll change this morning down points Dow futures down nine NASDAQ futures up to a Dax in Germany's. Up, six, tenths percent the. CAC, in, Paris is up three Tenths percent the Footsie-100 up half percent ten, year treasury up one thirty-second yield two, point nine eight percent yield on the two year two. Point six five percents NYMEX crude oil up a tenth of upper center. Five, cents at sixty nine o one a barrel COMEX gold is. Down a third of a percent on four dollars twenty cents at twelve fifteen ninety. An ounce the euro dollar fifteen. Eighty and the yen one eleven point seven two and straight ahead we have the latest. World and national news this is Bloomberg Thanks Karen five thirty three is. The time on Wall. Street let's bring in Michael. Barr with more what's going on around the world Michael thank. You, very much Nathan President Trump spoke to a packed rally and books Barre Pennsylvania last night campaigning for Republican. Candidates and discussing new health plans Trump told supporters that he is slowly getting, rid of the Affordable Care, Act with better options association health plans are giving us at allowing Americans to.."