"Global economic growth amid possible impact of quote, geopolitical dynamics in San Francisco, I'm Emily Chang. Bloomberg daybreak. Thank you. I'm Emily other stocks on the move this morning PG and E shares down about five percent. That's after soaring. Seventy five percent yesterday. When California cleared the utility of responsibility for the state's wine country, fire of two thousand seventeen moody says it still expects PG the file for bankruptcy in a few days. Shares have Starbucks are up more than three percent after earnings beat estimates. Bloomberg's Charlie Pellett reports. Starbucks managed to put its recent sales slump behind it beating estimates in the key Americas and Asia Pacific regions compr-. Sales that key metric for retailers rose four percent in the Americas. Same store sales in China. Gained one percent the world's biggest coffeeshop company has been under scrutiny after turning in slower sales growth last year. Charlie pellett. Bloomberg daybreak Charlie. Thank you. The pound is heading for its best week in a year following reports the Northern Irish political party, that's propping up Theresa May's government has privately agreed to back her Brexit deal. German business sentiment fell to its weakest level. In almost three years in January has trade uncertainties and weaker growth in China amplify, concerns. Over the economic outlook. Man, Bloomberg news has learned a Chinese delegation, including deputy ministers will arrive in Washington on Monday to prepare for high level trade talks led by vice premier Lou. And s and p futures are up twenty one points this morning. Dow futures have one hundred eighty two NASDAQ futures up seventy we check the markets every fifteen minutes throughout the trading day on Bloomberg. Dax in Germany's up one point six percent. Ten year treasury down to thirty seconds yield two point seven two percent. Yield on the two year two point five seven percent. And NYMEX crude oil is up less than a tenth of a percent straight ahead. We have the latest world and national news. And this is Bloomberg. Karen, thanks. It is six thirty three on Wall Street. This news update brought to you by national realty NRA, developers of high return income producing properties for investor partners."