35 Burst results for "Markus Karlsson"
"markus karlsson" Discussed on WAFS Biz 1190
"In London, I'm Markus Karlsson with this Bloomberg radio business flash. Asian stocks that have been mixed overnight while bond yields slumped to fresh multiyear lows. That's how Asia's leading off as we head into the European trading day European futures looking mixed ahead of the open in less than fifteen minutes time. Euro stocks fifty futures docs, futures putting on runabout between a quarter and three tenths of one percent receiving Cal futures higher by four tenths of one percent footsie future. Still on the back foot down by about a third of one percent. This comes as we are seeing a stunning coming back to certain extent a cable is higher by about a quarter of a percentage point at one spot. Thirty one forty four cable, of course, in the spotlight after the EU gave Theresa May another two weeks to avoid a no deal Brexit. We're talking a lot about this. Morning looking closer to Asian equities. We all see the Asia Pacific index shut up shop with a gain of runabout tenths of one percent. We did see this index sort of flat lining little bit after a highest start. But now we are ending the trading day with a gain the Nikkei two to five index higher by about one tenth of one percent. The hang sang pretty flat over in Hong Kong, the two hundred in Sydney rising by about a half of one percent in fixed income, then the ten year treasury yield trading at two point five to six percent. That's the lowest level since January twenty eighteen to build booked on the spot index off by about one tenth of one percent as the euro.
"markus karlsson" Discussed on Bloomberg Radio New York
"In London, I'm Markus Karlsson with this Bloomberg radio business flash. We're watching sterling this morning as it's reversing some of yesterday's losses. After the EU gave Theresa May another two weeks to avoid a no deal. Brexit. Asian stocks are mixed offs Ernie gains while the ten year treasury yield hovers at the lowest level in more than a year's time. The Asia Pacific index just to deeper into equities. It is little changed perhaps a smidgen higher with that losses in mainland China as well as in Hong Kong Japanese stocks have also been sliding, although them in paring, back those losses. Shares in Australia are higher by about half of one percent at the close when it comes to fixed income the ten year treasury yield then trading at two point five to seven percent this morning. Japan's ten year bond yield has fallen to the lowest level since two thousand sixteen after another soft. Imprint of Japanese inflation New Zealand's fell below ten percent below two percent. I should say for the first time and Australia's approach day record low. It's all underscoring the return to globally, low long-term rates that we've seen after the fed meeting this week when it comes to ethics. The Bloomberg got a spot index little changed this after we saw a reversal of sorts from the losses earlier this week yesterday. The Bloomberg dollar spot index was on the front foot during Thursday's session. We're seeing euro dollar little changed at one spot thirteen Seventy-seven cable, then at one spot thirty one thirty five higher by about two tenths of one percent. Also, we're seeing all prices how Raniero four-month high this morning, perhaps a smidgen lower when it comes to WTI at fifty nine dollars and eighty seven cents.
"markus karlsson" Discussed on Bloomberg Radio New York
"Markus Karlsson, Markus. That's very much not there's growing concern here or the UK that Theresa May is looking to push Brexit talks to the very last moment in an effort to win concessions from the EU and support in parliament. Bloomberg's rob Hutton reports. That's what had chief negotiator Ali Rubin said according to itv's news, which reported on remarks. They ever heard him make an abrupt spa on Monday night. He apparently said Ben Pease, we'll get a choice between a renegotiated may deal and a very long extension negotiations. It's a report that has the potential to rip a hole in the prime minister's delicate balancing act why she's trying to keep as much of her conservative party together as possible. In London, Robert Hutton, Bloomberg daybreak Europe. Italy's prime minister Giuseppe Kante has faced a backlash in the European parliament for the populist actions of his two deputy premiers. Bloomberg's John Elaine has the details. Speaking to the European parliament in Strasbourg contests at the UPN project seems to have lost momentum. And he again complained that EU countries should deal with migration flows together. Not as a crisis Enron. Jon Greenberg, daybreak Europe. You was vice President Mike Pence is attending a summit in Warsaw where he's aiming to build an alliance against Iran among EU nations. Bloomberg's Marx's lucky reports Mike Pence will meet polish president and prime minister. Visit he was soldiers on Friday traveled to the former German. Death company breaking out in southern border has the visit begins. The spotlight is caused by US officials urging eastern Europe countries to avoid buying commodities equipment amid concerns about its safety in were so modest ski Bloomberg daybreak Europe. And thousands of volunteers will organize relief caravans will enter Venezuela on February the twenty third national assembly leader Guido made the announcement yesterday setting up a direct confrontation with President Nicolas Maduro truckloads of food and medicine is piling up just over the Colombian border after Maduro barricaded entry points. Global news twenty four hours a day on Aaron at take talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm carlson. This is Bloomberg Anna. Thanks very much markets. Now with your morning sports. His Joe Lawson, Manchester United can't take us all ain't gonna soul show. His side have been.
"markus karlsson" Discussed on Bloomberg Radio New York
"To Markus Karlsson, Markus. That's very much not a fire in Paris has killed at least eight people left around thirty injured. The city's prosecutors suspect the criminal act and says one woman has been arrested the fire broke out on the seventh and eighth floors of a building in the sixteenth our small and the west of the city and firefighters warned the number of victims could rise some people inside scrambled to nearby roofs before being rescued Theresa May stall day visit to Northern Ireland today, she's working to secure changes to a Brexit deal by next week's vote in parliament Thomas penny reports she's spending two days in Northern Ireland. Emphasizes the importance of the province in this border with the Irish Republic to her chances of success as she speaks with politicians and business leaders in Belfast and pledges to keep the border. Open opponents of Dale in London will be discussing technological tentatives to the backstop guaranteed. She has agreed with the EU. The block has so far refused to budge even the slightest movement might allow her to claim success in London. Thomas penny. Bloomberg daybreak Europe. President Trump is preparing for his delayed state of the union address with the new government shutdown back on the agenda. Congress has just days to find an agreement on border security, and the president has repeatedly said any deal that doesn't fund his wall will be a waste of time. He's also suggested declaring a national emergency to circumvent congress and us military money to pay for the wall. And the Greek Prime minister, Alexis tsipras will visit Turkey today as ties between the two neighbors have been particularly strained in recent months. Bloomberg's Symond on looks at what the trip hopes to achieve all set to address all areas of bilateral relations, seeking to improve cooperation. The two leaders may also make. New push the peace process. Another issue that could be discussed is the case of eight. Turkish officers who fled to Greece following a failed. Turkish to in two thousand sixteen in Istanbul. Seven democrat, Bloomberg daybreak Europe. Global news twenty four hours a day on Aaron at take talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson this bag Hannah. Thanks very much markets. Now with the morning sport is William tesla. Westbound boss manual Pellegrini was left restricted by what he felt was a clear offside by the linesman last night, his Cidre warm.
"markus karlsson" Discussed on Bloomberg Radio New York
"Bloomberg's Markus Karlsson very much on we start with China as the slow down. There seems to have slowed a little the nation's factory gauge contracted in. John Reid came in above the December level gauge of new export orders. Also improved slightly. This comes as high level talks continue between the US and China. But there are few signs that Beijing will bend to American demands key issues still remain in areas of intellectual property and market access during today's negotiations. President Trump is expected to meet with China's Vice Premier Li. Meanwhile on this side of the Atlantic. Anonymous, diplomatic sources in Brussels, tell us the European Union is prepared to take the Brexit drama to a last minute. High stakes summit rather than bow to UK demands Theresa May wants to reopen negotiations despite the EU saying yesterday that there can be no more talks. Allow me to tell you very clearly yesterday's votes has further increase the risk of a disorderly exit of the United Kingdom. We have to continue to do everything in our power prepare for all of the possible scenarios, including the worst that was European Commission. President clued Janka speaking through a translator. Meanwhile, Britain's Foreign Secretary is expected to e you nations to impose sanctions on members of Nicolas Madura in circle in Venezuela as pressure mounts on the president there. Jeremy hunt is believed to use a meeting in Romania to make that call. It comes off to the rival to Madero one Guido claimed in a New York Times opinion piece, but he has held meetings with the military to win support for ousting Madero, and Philippine warplanes have attacked a local terrorist group. Suspected of bombing a Catholic church on Sunday. Bloomberg's Andrea Kalonzo says that the military has intensified opera. Nations and attack helicopter dropped rockets over parts of the southern province of targeting members of the Abayev terrorist. Do the church bombing killed at least twenty one persons and injured about one hundred others in Manila and do your whole Lonzo Bloomberg daybreak Europe. Global news twenty four hours a day on and talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is Bloomberg on Marcus. Thank you. Now. The morning sports news. Here's Colin badly. The chance to extend Melita.
"markus karlsson" Discussed on Bloomberg Radio New York
"For that we go to Markus Karlsson, Markus. Thanks very much. We're starting with an natives Brexit developments. The European Union is said to be split over delaying Brexit by as much as a year. This would be to give the UK government enough time to find an agreement that can win the backing of parliament. Meanwhile, Theresa May said to have briefed her cabinet that there is little prospect of a cross party Brexit agreements. A source told Bloomberg that she will now seek changes to the Irish backstop negotiated with the European Union. The Trump administration is working on a second summit with Kim. Yong own expected to take place in Vietnam next month. Bloomberg's pizza pay has the details. Trump announced at the summit would take place toward the end of February with the location to revealed later, but the American social said talks take place in the capital of annoy would deny at Houghton Mifflin city as other options for some would cover talks on disarming North Korea's nuclear weapons have made little progress in Seoul. All Peter pay. Bloomberg daybreak Europe. The Japanese Prime minister Shinzo Albay is heading to Moscow where he will hold his twenty fifth round of talks with Vladimir Putin. Bloomberg's Isabel Reynolds says the tea men are hoping to resolve a seventeen year old speech over four small islands. Put by killed a new set of a night that Abby would be willing to settle for two of the four disputed islands. And we're time for peace treaty with one of Japan's most important sources of fossil fuels. But Kremlin aide Yuri lugkov said last week that Russia would not give up any of its territory in Tokyo Isabel Reynolds, Bloomberg daybreak here on the highest courts in the Democratic Republic of Congo confirmed opposition leader Felix teasha, Katie as the next president and rejected a legal challenge by the runner up. Martin for you, Lou Bloomberg's William cloves reports who heads another opposition alliance. Denounced the ruling and declared himself Congo's sole legitimate head of state the outgoing. President Joseph Kabila will step down after eighteen years in office. Incan Chesa William plows. Bloomberg daybreak Europe. Global news twenty four hours a day on Aaron take talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is Bloomberg markets. Thanks so much to get the European sports story for that we go to George alderman, George for the manager cloudy irony area says that say one turmeric defeats Tottenham shows football could be crawled sometimes they can see the leasing goal. Deep into injury time McRae from cottage the result. Ron. Yeah. Recite second from bottom and seven points from safety Southgate assistance, himself from suggestions, he could make a move into.
Greek Leader Calls for Vote of Confidence After Minister Quits Over Macedonia Deal
"Hours a day on Aruna take talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is due back, Anna. Thanks markets. Now, the morning sport his Columba's Leigh. Manchester United have revived the hopes of a top four finish in the primary league level on points with fifth place are still thanks to a one no winning a thrilling contest away to Tottenham. Interim bus only going to social says happiness is the
"markus karlsson" Discussed on Bloomberg Radio New York
"Markus Karlsson, Marcus. Now, the Greek Prime minister Alexis seat process in for tough week has said he will call the confidence votes after his governing coalition split over then Macedonia name change. Bloomberg's Eleni reports. Supersedes majority will be put to test on Wednesday in a confidence vote in parliament tsipras will need to secure enough support a monk amenities MP's and independent lawmakers to extend his government's lifeline or before to call snap elections innocence. Bloomberg daybreak Europe. The cockpit voice recorder of the line air jet that crashed into the Java sea in October has been found. Indonesian officials say human remains were also discovered on the seabed they previously retrieved the other black box with flights data on it. The two month old jet crashed into the sea only minutes after takeoff on the twenty ninth of October killing all one hundred eighteen nine people on board. Southern African leaders have backed a call by Congolese opposition leader Martin. For the for a recount of last month's presidential election. Bloomberg's Paul Richardson has the details for you do not two rival candidate Phoenix, Katie and says the poll was rigged he found that appeal to the constitutional court on Saturday demanding the electoral commission view the outcome regional heads of states. That recount would provide reassurance to the winners and losers in the election. The constitutional court is to begin hearing for you this case on Monday in Johannesburg, Paul Richardson, Bloomberg daybreak Europe and Venezuela's opposition leader was detained by secret. Police officers on Sunday and released a short time later. Bloomberg's Laura Mehan reports the government tried to distance itself from what happened by saying. It was a unilateral action from group of officials though is the head of Venezuela's national assembly and has recently led protests against the President Nicolas Maduro. The young leader is now calling for a nationwide protest on the twenty third of January in Santiago Chile lower million. Bloomberg daybreak Europe. Global news twenty four hours a day on Aruna talk on. Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is Bloomberg. Thank you. Now. The morning sport his Colin badly. Manchester United have revived their hopes of a top four finish in the primary league the level on points with fifth-placed arsenal. Thanks till one. No winning a thrilling contest away to Tottenham. Interim bus only going to sell shy says happiness is the key. You.
"markus karlsson" Discussed on Bloomberg Radio New York
"Get a Markus Karlsson, Markus. Thanks very much. So we're starting with some developing news out of Denmark where six people are reported killed in a train accident on one of the country's major bridges. That's according to the Danish broadcaster DR citing police reports is speed train is said to have rammed into parts of a roof from a freight train on the great belt bridge at around seven thirty AM local time the bridge which connects with the Fenian has been closed and emergency authorities or the process of the vacuous passages will bring you more details as we get them. Britain's prime minister meanwhile has called for parliament to back her proposed Brexit deal saying the country must put its differences aside. In her new year message Theresa May said twenty nineteen would machen knew Chuck to full Britain outside the EU together. I believe we can start a new chapter with optimism. And hope we have all we need to come together in two thousand nine hundred ninety I know we could make a success of what lies ahead and build a country that truly works for every one of us peace you to vote in the Commons in mid January on the proposals reached with the European Union by Theresa May in front of a crowd estimated at one over one hundred thousand supporters, the former army, captain gyro Bolsonaro has been sworn in as Brazil's president Bloomberg's Mario Sergio Lima reports his oath at congress the far-right both on our promise to work to rebuild the nation's fight corruption crime and economic responsibility in a later address both on our plane that the country has free cell from socialism in a tweet us. President Donald Trump congratulated both speech in Brasilia Madison Lima, Bloomberg daybreak Europe and North Korean leader Kim Yong own used his New Year's address to issue appointed warning to President Trump. He said the country will take a new pulse in nuclear talks. If the US did not relax economic sanctions came also affirmed his willingness for further talks with Trump the US president tweeted that he looks forward to again meeting came saying he realizes North Korea's economic potential global news twenty four hours a day on Aaron a tick tock on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is Bloomberg Matt Markus Karlsson. Thanks very much for that. Now what you'd be watching for today at eight fifty five AM UK time. Eight fifty five isn't it past eight fifty? Yes, it is nine thirteen currently in the UK. We've got the reading on the European economy with. Manufacturing PM is I heard quoted that to you. So fifty one point four we know that attendance in time we're going to hear from China's president Xi. He's expected to give a speech about Taiwan. As follows the fortieth anniversary.
China, Donald Trump And President Trump discussed on Bloomberg Daybreak: Europe
"Major luxury labeled to stop using animal skins such a snake crocodile and Stingray the fashion house says it's increasingly difficult to source such items ethically. Thor is also on the list. Global news twenty four hours a day. Day on Aaron take talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is Bloomberg Stingray who knew let's talk about the trade picture Shelly. Chinese officials are said to have begun preparing to resume imports of US soy and liquefied natural gas Ellen g is the first sign confirming President Trump's claim that China had agreed to stop buying some US products immediately for more we're joined now by Bloomberg's executive editor for economic Simon. Kennedy. Good morning, Simon. This is important this development, isn't it? Because for a couple of days we've been scratching around trying to find one is the Chinese take on. What was agreed in? Buenos Aires finally do seem to be getting some official statements. I mean beyond the the initial one we're getting a little more detail. We'll flesh on the bones. A slight amount one of the issues apparent in the early days of the week was the president. She was still doing this glue Tor in Portugal and backspace than there was this feeling in Beijing. They couldn't communicate or couldn't commit to things before he and his entourage. It actually in Argentina turned up. And then today, we're starting to see a few more details. The government promising to implement the the, oh, no one's quite sure. The actual details of the deal, but that promising to implement whatever they are. And yes this sign that they will. Beef up imports various products that have kind of gone on the wayside which is quite important for Trump. Soybeans a big a big product for for some of the Trump state. So this is probably bring some clarity to what markets are starting to worry about yesterday was where was what was China's Trump was because tweeting China administration waiting fishy to combat is how instrumental is a deal in there. Sort of recovery or China's growth getting back to normal. I mean, they had been hit really hard by the trade war. So far hasn't they probably versus China versus the US. I think China's felt the pinch a bit more. What you saw was this change from the government and the central Bank which began the talking about de leveraging bringing stability to their economy that way, then the trade warheads an and they started to introduce some some forms of stimulus to to provide a flow may be under the economy, and you start to see various ways that there's some support there. What about the latest data? I mean, we've had a PM is PM is and all sorts out of China haven't we do we do we get this sense that the that the Chinese are going to do more is going to be the next step more stimulus would we get the sense that they're doing enough to turn the the Chinese PM story around? So we see the PM is now for manufacturing just on the edge of contraction just above the fifty. Mark which signals the difference between growth and contraction. So that's obviously a concern to them. I think what you're going to see from the Chinese is more of these kind of piecemeal stimulus stimulus that provides key supports for key parts of the economy. What you're going to see at least yet is this a big bang stimulus. You've seen in previous episodes of weak growth, where the central Bank of the government of together come to the rescue with sweeping fiscal support and monetary policy easing. We've not seen any rate cuts the headline level from the Chinese. And I think that's probably a. A need or internal need to avoid doing that. For the moment Simon. What's the outlook for the trade war now because we in a story, I think a couple of days ago saying that the truce risks extending and not ending the trade war is this the kind of thing that we're going to be living with throughout the Trump presidency. Yes, this is a permanent trade war, and it could could run beyond Bill and Trump if if he maintain if that approach finds find support remember, there's a lot of people in congress who are not very happy with China doesn't have to be Donald Trump or Republicans who on happy with China. They might disagree with the way the White House is going about things, but there's a lot of support for cracking down on China. When you look at. If we get details, as we hope there are a lot of big differences that will not be closed anytime soon. Go to the very heart of the structure of the Chinese economy. When Trump wants China to crack down on intellectual property and things like that. He's asking you a lot of things he's asking. China continues to maintain its a developing economy developing economies tend to to borrow the success of other economies. That's that's the history of economic growth. They were treated in a certain way, unto WJ rules, isn't it? I mean, this isn't just about tariffs anymore, as we know who suggest IT cybersecurity is
Is a Brexit deal 'almost within touching distance'?
"And the for getting the vote in parliament is being pushed further and further away. If you get into January, then you need to have the government needs to have started its preparations for a no deal substantially before that. So that's that's why there's this crunch in the next couple of days because even though you know. You could reach an agreement next week. But then you can't get the formal signing off until December. How could they reach an agreement? I mean, if they don't find the solution, which as far as I understand they haven't for the Irish border. Then the entirety of the UK remains in the European customs union, right? So that's not really a Brexit. Only in the backstops situation. There isn't it? I mean, that's if no trade deal is right? We call it a backstop. But what it means you k- stays backstop? I don't understand what I do understand. Is you case stays in the customs union. Right. So I think I think that Brexit. Well, I think the the the government would make the point that the intention would be to sign a broader trade deal ahead of the backstop kicking in and therefore they could come up with something that would represent something closer to a real Brexit at that point. But also a trade agreement that obviously protects business. This is the government would how would how they would present it. But obviously again, this is why we've got. Such divisions over the over what Prime Minister Theresa may is doing she's she's facing opposition from all factions and from. Some members of different parties. And it's precisely because it's a question of what is Brexit? Brexit be delivered. And we'll let people who voted for it. Yes. Because there was no loss of detail on the question that was answered back in in the summer of two thousand sixteen. Thank you very much. Bloomberg's UK government reporters to it bakes. I was getting world national news for that. We go to Markus Karlsson, Marcus. Much Matt thirteen undeclared North Korean missile operating bases have been identified. According to a new report. It's believed the secret sites could be used to launch intercontinental ballistic missiles, Bloomberg's pizza pay has more details. The research group, we catalyzed commercially available satellite images identify thirteen sites believed to have underground facilities. Attaining mobile launchers report comes to nuclear the US or North Korea hit another snag last week with a New York meeting between secretary of state COPA peyot in North Korea. Stopping Goshi eater was abruptly castle in so Peter pay Bloomberg daybreak Europe. Italy's government may offer a minor concession when it resubmits its budget to the EU admitting its spending plans will have a smaller economic impacts than projected the Italian newspaper is solid of Antequera aura says that the government will cut. It's twenty nineteen growth. Target to his lowest one point three percent from one and a half percent previously. Italy has until today to send a revised budget. To the commission after its first draft was rejected last month. Violence continues in southern Israel and Gaza after militants fired rockets over the border and the army attacked military sites in the strip. Bloomberg's Jonathan reports Palestinians launch more than three hundred rockets mortars at Israel. It was the worst one day barrage in four years Israeli air force jets struck at least seventy targets across the territory, which is ruled by the militant Islamic group HAMAs. It was just a day before that both sides said they were trying to work out a ceasefire gelatin, Bloomberg daybreak Europe. And Angela Merkel addresses the European parliament today, the German Chancellor will use her speech today on her agenda for the block going forward. Bloomberg's Patrick Donahue reports. You leaders will meet an a month in Brussels to thrash out a new plan to integrate the euro area. Merica will also talk about Europe defending itself. Better is the global order is shaken a question hanging over the German Chancellor will be how much forty she can preserve after she gives up the leadership Christian. Credit union next month and Berlin, Patrick Donahue. Bloomberg daybreak Europe. Global news twenty four hours a day on Aaron it takes on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Chris Carlson. This is Bloomberg markets. Thank you. Now. The latest European sports. He's his Lewis
DAX, Infineon, SAP down after billion dollar deal
"Full percent at eleven thousand four hundred fifteen weighed on by big drops in SAP down more than four percent and Infineon Dan more than four percent as well after well SAP's, the big eight billion dollar deal today and Infineon had disappointing earnings. The caq is also off right now only about three tenths of one percent and the Footsie's up three tenths of one percent as the pound has turned down. Now, there is FX and equity trading in the US today. There is not bond trading because of Veterans Day, but the dollar is up against the end almost one fourteen even after giving up a little bit ground earlier in the session. The euro is down sixteen months, low one twelve fifty nine is where. The euro currently trades and the pound down at one twenty eight fifty two got to take a look at oil here because the Saudis have said or their oil minister Lisa said, he thinks that they need to cut about a million barrels a day from production compared to the Tober levels. Brent crude as a result rising. One point four percent has been up more up ninety nine cents a barrel. The seventy one seventeen NYMEX WTI rising for the first time in ten sessions gaining fifty three cents to sixty dollars and seventy one cents a barrel. It's a Bloomberg radio business flash. Now, let's get back over to Markus Karlsson with more on what's going on around the world, Marcus. Thanks very much. Indeed, the most
What is UK doing to prepare for a no-deal Brexit?
"The the amount of food that comes from continental Europe into the UK said, it's important for not only our consumers, but also our suppliers that we have a sensible supply chain because most of this product is fresh it can't sit at the borders from any days. That was Kevin o'byrne who is the saints at CFO a little taste of what he had to say around Brexit. We also touched on the price impact of deal Brexit yesterday. We heard from where the space Tim Martin the aspect can chairman and CEO big proponent of Brexit. He was saying that a hard. Brexit would not be inflation rate while we got a different view from the CFO who said it would have an inflationary impact sat with Kevin Ben. Let's get up to date with the broader picture the global picture. Here's your global news with Bloomberg's Markus Karlsson. Thanks very much on president. Donald Trump says he's not worried about the council of a
Brexit: Cabinet aims for deal by end of November
"By group seeking a breakaway English. Speaking state, hundreds have been killed in a year of violence following government comp downs on English speaking protesters in the majority French speaking country, Meanwhile, American voters, head to the polls today for a midterm vote. The slightly to result in a split congress. Bloomberg's Kevin cirilli says it's an outcome that could dramatically alter the second half of President Trump's Tom poll show Democrats with a strong shot at winning the twenty three seats needed to flip the house while the electoral map gives Republicans advantage in holding. The Senate votes will be cast for thirty three members of the Senate, plus two special elections and all four hundred and thirty five seats in the house as well as thirty nine governorships, it's the most expensive midterm campaign in US history. And. Estimated to have the biggest turnout as well. Polls show Senate races in Arizona, Nevada, Missouri, Indiana, and Florida all within the margin of error with those Montana and Texas also tight Kevin cirilli. Bloomberg daybreak Europe on another White House. Not Donald Trump has said, he's probably not meeting bloody murder Putin in Paris this weekend that said he does expect some face time at the twenty conference in Argentina at the end of the month. Global news twenty four hours a day on Aaron it took talk on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is Bloomberg Marcus.
"markus karlsson" Discussed on Bloomberg Radio New York
"I'm Markus Karlsson. This is Bloomberg guy. Thank you much did Marcus which only the studio now by Bloomberg markets live editor pulled Dobson Paul. I have a question. Why? Well, I can give you any of reasons, but I can't give you a catalyst guy is kind of like the selloff obviously was very ugly in the US and everybody was kind of asking themselves and still this morning when I got well what exactly happened? How did it get so bad and given a list of ten reasons, but none of them is very satisfactory on its own. You kind of say we have. For star in the last week or ten days that already being this little mini rotation going on in US. Stocks people have been getting out of cyclical so that have been geared more towards scrape and coming back into valley Stokes that kind of thing say the tech in particular have been bearing the brunt of that. So that was a sign that things were looking very good people were getting worried because treasury yields but rising all of a sudden pretty quickly talking about the idea that the fed is going to keep on hiking. And so that makes bonds look more attractive relative to Stokes, and it makes people more worried about the growth, dick. Let's things getting on for starters. And then obviously, we have to trade tension between the US and China, which isn't going away any time. Singing and China's stunning to do more checks on his board is about the kind of luxury goods that tourists are ABC's bringing into the country and said that really hurt European luxury stocks yesterday LV mass, for example. Down a think IVA past couple of days more than ten percent said all these factors eating away. People people's worries doesn't help the Trump thing comes out and says criticizing the fed as well. And I think ultimately if you're looking for a reason why it was so bad is losing anything else head mentality everybody piling in after they saw it. We haven't had a bad day like that for awhile. Everybody's been waiting for its come. It comes just before earning season styles. Is that significant I think that's important as people have been revising down. Earnings if you think back to February time, we had a really big down drill down in stocks. The thing that saved us was the earnings in a way, the fact that there was still looking strong. This time round people are a little bit more cautious about the earnings outlook starts getting US spent some Friday thing can then you know, we'll get we'll get an update on a lot of the rest of the stuff after that people are going to talk about the currency effects. But that's usually a scapegoat. Well, could be more of a sign of an underlying slowdown. It feels symmetrical around the world, which is interesting considering where we start from American markets looking toppy in terms of valuations China's already Phoolan aggressively and yet it was down hard overnight. Yeah. I think that's a really interesting point as well as I was talking to my colleagues earlier on this week. They were saying, you know, we're getting to a point where the selloff is about come to an end. I was saying we'll which selfie talking about. He's talking about the one US stocks which has been going on since Monday. He's talking about the one. In emerging markets has been going on for Mesa gear. It's almost like two storms have kind of come together and created a bigger a bigger nasty superstorm. Yes. Exactly. So that's bad Asia Asia was off late tonight. US was pretty terrible last night, actually, Europe or anytime one point seven one plane down a percentage into the banks closed down to percents. It had some look at what was happening in the US yesterday. Didn't it? So it it did price a little bit of it in. Yeah. So I guess kind of you put the two together it looks reasonably consistent. But it's interesting. The s&p futures are down another percent this morning pointing to a negative start as well. The the bull market is a as a safe haven seems to working at at least for this morning or call bombs looking. Yeah. I mean, treasuries treasuries came back and yields fell towards the end of yesterday US session and in Europe. Yeah. Definitely we have lower yields in particular and also sort of finish sponsor faring better. But they also had a pretty big selloff over the past month or say Jim Jimmy yields, sir. What is it? A whopping no point five percent. But then if you look at the UK, for example, you know, we had a real real burst hiring gilt yields. And I think that's one that we wanna watch, you know, if Brexit gets done if there's a deal that everybody is happy with thanks to hike rates more than that could fit for Londoners. You know, think about what that means for the gilt market him for the pounds. Just forty five seconds bts have continued to sell off today. Is there a danger that this kind of storm the superstorm we're talking about pushes them towards four percent interesting? I mean, we had some more comments from Salvini saying he's sticking to his guns today. Kind of feels like that could have created a much worse. Chopping Italian bonds. The fact that they haven't gone that far suggest maybe there's some signs of buying interested these levels holdups and joining.
Global shares knocked after new U.S. tariff threat on Chinese goods
"Let's move onto our top stories, then as you were saying Marcus what's been happening with trade moving the markets in the Asian session. And to some extent in Europe. Asian stocks started the week under pressure after the latest US move to place. A further tranche of tariffs on Chinese goods shares in Hong Kong and China leading. Declines the Shanghai composite closing at the lowest since two thousand fourteen with Japanese markets closed for a holiday after the Wall Street Journal reported that President Donald Trump has instruc-. Acted as to proceed with tariffs on about two hundred billion dollars more in Chinese products. Copper and Nicole dragged industrial metals lower the dollar maintaining gains from Friday and out, of course, has impacted the spectrum. Absolutely. Meanwhile, UBS group CEO said multi reckons, the trade situation is the greatest threat going for markets. He spoke exclusively to Bloomberg earlier today. Trade tensions the geopolitical tensions and Geochronology. Sanctions. We are seeing are likely to create some kind of corrections or opportunities before markets and any vessels to step in and take advantage of that. So I think that's one cannot underestimate that issue. So that was a UBS multi.
Alibaba takes joint venture route to Russia expansion
"Markets. Now Alibaba group is setting up a two billion dollar joint venture with a Kremlin-backed fund, and billionaire Alicia who's minnows internet, holding company mail dot argue to grow his e commerce business in Russia. The daily is one of several coming out to the Eastern Economic forum taking place in Vladivostok today. This is President Putin meets with his Chinese counterpart Xi Jinping for more. Let's go live to Moscow where Bloomberg's bureau chief, Tori. Cock is standing by a very good to have you with us then Tory. So let's just briefly cover off these deal Alibaba group setting up there said JV, we that mail dot are you what are they hoping to get out of this? What what's in it for everybody? Yeah. Well, you know, it's a big market. Alibaba's alley express group is already pretty popular here. Male groups also looking to expand it centers. So they're teaming up Melrose already has a platform for offering Chinese. That'll be rolled into the venture. They're looking to stave off competition from other platforms. This is a big market penetration. Isn't that the and so they're going to work together? Russian group will help control here. So we'll see how that plays out. My Kevin's Alabama president was talking about how this is a new format as well. They're counting the marriage of social media and internet commerce mail ru runs to Russia's most popular social media sites. The country's version of Facebook. We'll see how they're gonna marry this too component Santa or expand throughout the country. Tori, talk to me about mail ru for a second because you say penetration isn't very deep there. But I remember hearing that so many Russians rely on this service to communicate with each other. The case for some meat is extremely popular here. People use all over the place me mobile is quite deeper in terms online retail sales. There's still a lot of room from Carla. Onto the other things that are taking place in Vladivostok, president Senate meeting with his Chinese counterpart, Xi Jinping, a big show of military and economic strength combined between the two what's he been nearly newsflow from this assigned from the Alabama deal while we're expecting Putin and choosing to be meeting very soon. They've had a lot of talk about Russia may here to the East Asia. The US and Europe increased. But now, you know, the two of them are meeting today on a backdrop of. Discussions in long time with turning punitive tariffs and US congress considering. Really harsh sanctions against Russia's. Biggest banks and their sovereign debt. How we have these two leaders definitely making a show of closer economic cooperation as you mentioned military. Russia's starting biggest military exercises. Nineteen eighty one. Chinese aren't going to be cooperating with them on these military exercises. They'll be lasting this week. The really. Showing trying to show the world that there's growing cooperation between what the Kremlin has called to allies. All right. It's really fascinating developing story, especially in the midst of president Donald Trump's trade wars trade war. I guess trade wars plural is fine and sanctions
Alibaba's Jack Ma to Step Down in One Year, Zhang to Become Chairman
"Euro dollar fifteen seventy the yen one eleven point zero six, Bob. It's the end of an era for CBS with the head of the media giant ending his twenty year reign at the helm. Bloomberg's John Tucker joins us live with the story. Good morning. John. Good morning, Bob. The sixty eight year old les Moonves was. Regarded as one of the most capable program executives in television at one of the highest paid the New Yorker reported. He sexually harassed a dozen women and tried to harm their careers yesterday. Six additional women came forward is exit package is
Argentina seeks emergency release of $50bn in IMF funds amid financial crisis
"The Argentinian? Peso slumped after president Mauricio Macri appeal to the IMF faster cash the fund approved a fifteen billion dollar, payout in June as part of a fifteen billion dollar credit line v. Day the fund approved a fifteen billion dollar payout in June as part of a fifty billion dollar Credit line what does Arias is expecting an extra three billion next month but the government is asking to speed. Things up macrey didn't say how much he had requested from the fund
Asia slips after U.S.-China trade talks end without progress
"In London I'm Markus Karlsson with, this Bloomberg radio business flash the lack of progress in US China trade talks weighed, on Wall Street last night's and that sentiment has been spilling over, into Asian, equities this morning the dollar meanwhile rebounding after the ousting of, Markham Turnbull as prime minister Scott Morrison is in. Instead And we. Are as I say, seeing the alsi arising on the back of that. Australia's Hsieh's also went from. Negative into positive territory on that news with the ASX two hundred in Sydney gaining about a third of one percent we've. Also seen Asian shares overall go from negative into positive territory the. Asia Pacific index now higher by about eight tenths of one. Percent back trade issue as I was saying audio sort of set. The, tone in the morning part of the Asian session we. Are still seeing some losses though for, the Hang Seng
US, Markus Karlsson and Bloomberg discussed on Bloomberg Daybreak: Europe
"Euro etching high the region's principal debt rebounding degree of calm returns to Turkish markets irrigating the country's benchmark equity index climbing either as a diplomatic standoff between tacky. And the US drags
US, Iran and President discussed on
"Is very much indeed let's get some more details, when it comes to these fresh US sanctions on Iran which. Have kicked in they prevent the government from trading golden other precious metals and block the nation from selling or acquiring various indus- industrial. Metals the. US has also found plans to impose tougher penalties on the country's oil sales in November in a, televised address president Ronnie said that Iran is open to talks if the US is sincere but insisted such a dialogue would be pointless while his nation is being hit with. Sanctions. HAMAs Amman negotiations and sanctions at the same time is meaningless if someone. Stands in. Front of. His rival or enemy in pushes the. Knife against their, arm in, seeks talks, the respond to that he. Should, I put the knife in his pocket income to negotiating table and use logic. That was Iran's president how Sandra Harney, speaking through a translator to wildfires, in northern California I have combined to create the biggest in the state's history it's, forced thousands of people to flee their homes around one hundred miles to the north of, San Francisco there's another smaller Blace in the southern Orange County. But firefighters there are struggling to keep it away from properties Jim MacKenzie is from the US forest service what's going to continue now. This fire. Is going to be continue to move into various portions of the park right now they're trying to, figure out exactly what our alternatives are where we can take action Meanwhile climate change scientists are warning the earth is heading, towards an, irreversible hothouse state even if carbon emission, targets are met they say keeping global warming to within one and a half to two degrees celsius could be more. Difficult than previously. Assessed researches from Australia. Denmark and Germany argue. Even a smaller temperature rise could spark feedback loops which in turn. Could raise temperatures by as much as four. Or five degrees celsius and SpaceX has successfully launched an Indonesian. Satellite into orbit this morning eight marks another milestone in its bid to quickly re use rockets in its. Fifteenth mission this year global news twenty four hours, a day on Erna take talk on Twitter powered by more. Than twenty seven hundred journalists and analysts in. More than one hundred twenty countries I'm Markus Karlsson this is Bloomberg markets.
SoftBank profit swells 49 percent as it monetizes investments
"Com. And by the Bloomberg business. Good morning from London I'm Markus. Karlsson and I'm used to Dean from defy we have of course the Saudis reasserting themselves underscoring that they have this appetite for a. Much, more. Aggressive foreign policy, taking on a g ten country yeah. Absolutely taking, on Canada we'll talk more about those trade tensions of course you also have the. Tensions, between the United States and China in the trade space no letting up all of. Those tensions either during the weekend with Donald Trump talking tough we've got to Chinese authorities sort of signaling through state media this morning that. They are willing to, wait it out in this trait, standoff. So as I say no sign of any easing tension. Sir, let me talk. You. Through the. Markets here at seven oh two in London eight oh two if. You're listening in Frankfurt. Or Paris European shares rising on Friday A weekly loss judging by the futures this morning we're going to see. Gains at the, open euro stocks fifty futures higher by zero point one, four percent we're seeing footsie futures rising by, two tenths. Of one percent and get count futures. By a, quarter of, a percentage point looking at the handover from Asia the indices there are makes the Chinese and Japanese Hsieh's down while the Hang. Seng, has. Been gaining run, about six tenths of one percent we've. Been watching, HSBC shares offers second quarter earnings those shares still in positive territory but I've actually. Pad, back some of their previous advances on the back of the second quarter earnings looking. At FX the off show you on had been building on gain sir from Friday overnight but we're now seeing it weaken somewhat by about. A tenth of one, percent against the greenback surpassed still, some. Nervousness there despite this actions these measures that we saw. From, the Chinese on. Friday. Stepping into. Sort of make it more expensive too short the Chinese Yuan will Talk more about that. In just. A moment the AUSSIE dollar the biggest lager in the space against the. US greenback looking at prices they had been rising overnight. And WTI is still on the, front, foot higher. By about a quarter of a percentage points at sixty eight dollars and sixty six cents a not a lot of movement. When it comes to Brent crude. At seventy three dollars and twenty seven cents we are seeing metals coming under pressure on the off by two point two percent when I. Look at zinc prices this morning on the enemy. Copper prices off by nine tenths, of one percent use yeah we have some earnings out from one of the heavyweight lender SoftBank coming in with first quarter operating profit of seven hundred and fifteen billion a year in they're saying, that the first quarter was boosted by two hundred and forty four point nine billion in vision fund valuation gay I think. There's going to, be considerable focus on any news around on a succession, plan positive could grab the attention of investors, of course. They're all society here First quarter derivative loss of fifty, four. Point -o eight billion year these are the lines that are coming through as we speak. And we keep a close eye on. The story. As in developed markets Yeah absolutely let's dig. Into our top stories in the meantime and as I say trade very much front and center. President, Donald Trump has defended his. Use of tariffs that have inflamed tensions with China as well as Europe he told an audience of diehard supporters on. Saturday that playing hardball on trade is, my thing Bloomberg's Tom MacKenzie has the details his comments came after Beijing announced plans to impose retaliatory duties on an additional sixty billion dollars worth of US goods if Washington continues. To ramp up tariffs China's list covers more, than five thousand. US products ranging from meat to. Ellen g if an acted they'd cover around seventy percent of, all US goods shipped to China in Shanghai Tom MacKenzie Bloomberg daybreak Europe Yeah Yeah so I just want to jump in here Marcus because we had some numbers. Here German manufacturing orders just run, run run through this down four percent month on. Month the estimate was for down half of one. Percents this is a sizable contraction on those journ determined June manufacturing orders something to bear in mind as we get into the conversation with Mark Cranfield from the markets live team and I wanna stay sick, back perhaps stay with the macro view on China initiated curbs on FX. Derivatives how is that playing out in the? Markets at the? Moment We'll probably not quite as well as China was hoping the currency the stomach. To gain a bit first thing, this morning but it reversed some of that as. The equity market sorry to weaken a bit and. They degree emphasize these restrictions are not just on the Ford foreign exchange server also another derivatives including swap transactions and option transactions but all in all the currencies only very mildly stronger than it was on, Friday and it hasn't really I did much to the gains that we're. Seeing in the first few minutes after the announcement on Friday I suppose the question. That follows then Mark is what needs to change to make these. Measures perhaps more effective in. Order to strengthen the the the you on in a more meaningful way it seems that Jerry does really. Want to see some stability in, the equity market so one of the things they were. Looking at today was that as soon as the equity market started to to go softer than the assumption. Is that the Chinese authorities would increase the stimulus or they're not, around the reserve requirement cuts to. Make interest rates lower, in China surf they're doing that then there's nothing in. The Ford market to support. The stronger currency so this currency can weaken it's almost becoming a catch twenty two. Situation for the, Chinese authorities until they can stabilize. The equity market the other things were not kicking so they really need to get. To grips with that. And then traders will be more confident that they really serious about trying to stabilize the currency as well All right we'll leave it there Mark Cranfield thank you very much for your time that quick reminder for real time, market commentary and analysis. Check out the markets lifelock that's m. l. i. v. on your. Bloomberg terminal now another story. Developing this morning earnings out of HSBC the banks second quarter profit came in ahead of estimates but the. CEO John Flint's push for growth, in Asia has yet to translate into significant revenue growth. That seems earlier we spoke to the finance director Ian MCI and asked him about the health of HSBC In good shape this morning The numbers Second quarter very much, in line With our our expectations So that, was the finance director Ian MCI? Speaking, earlier to Bloomberg yeah that's such an earlier Saudi Arabia. Has frozen trade investment diplomatic ties with Canada in the latest escalation of their dispute over the kingdom's arrest of a women's rights activists that we have come recalled its ambassador to Ottawa at order the Canadian envoy to leave. Within twenty, four hours last week Canada criticized Saudi, Arabia's arrest of activists including Canadian citizen Savar Dowie bear in mind that we did see dollar CAD move by about three, tenths of one percent but that spirit gains since the Bank of Canada on track to raise rates that's giving. A bit. Of support all right, sticking to the region Iran is racing to complete a string of deals before. The US imposes tough new sanctions Iran at the national flag-carrier has taken delivery of five new passenger planes this after. Washington gave its approval public resentment has been building as tensions with the US post the real to historic lows Close in the unregulated market the. Government says that it will act a later today to try to halt the currency's decline Yeah and then Brexit news you've got. The UK trade sector Liam Fox saying that negotiations are more likely to. The, failure and success, speaking to the Sunday Times he said there is a sixty percent chance of a not allowed come Bloomberg's, Alex Morales says he is, warning or, other rewarded comes as the government ratchet ratchets up rhetoric seeking EU compromise foreign secretary Jeremy hunt said last week Britain. Risks tumbling out to the block, without a. Deal by accident to government plans to publish some seventy technical papers this month next outlining contingency plans for renewed you Brexit it's not a prospect that business relishes. Bombarded warning the Press Association on Monday then a no do Brexit could encumber, it with thirty million pounds. Of. Added costs if it's forced to stop parts to allay disruption, to supply chain in London Alex Morales Bloomberg daybreak Europe okay that's the latest on Brexit when it comes to this morning. A forty two billion dollar merger to create what would become the world's largest industrial gas producer Is facing an unexpected hurdle from the US antitrust regulator that could derail the deal the Federal Trade Commission indicated it wants Germany's Linda and practice of the. United States to sell more assets before it approves their deal lindane noted a, quote higher likelihood that the. Requirements. May push total asset disposals to beyond the acceptable threshold outlined, in the merger deal all.
"markus karlsson" Discussed on Bloomberg Radio New York
"Out of Berlin or Paris I'm Markus Karlsson Amana Edwards you're listening to Bloomberg daybreak Europe and the European equity markets it seems. We've. Had quite a lot of disappointing earnings stories at the maiden small level this morning, and that seems to be taking its toll on European equity markets and even. Those companies bigger ones, that did impress some of the share prices finding it difficult, to make any headway this morning absolutely if we look at. The stock six hundred so far off an hour into trading also it is in negative territory of by. About eight tenths of one percent we're seeing. Political concern really taking a bite out of the footsie mid this morning that index in Italy off by more than a, percentage point. The main sort of like in the stock six hundred this morning in terms of. Sector autos and parts we're. Seeing insurance also weighing alongside basic resources so. That's the negative picture that we are seeing. In Europe at the moment The one bright spot for the bulls is here. In London where the footsie one hundred is actually, rising by the. Run about, two tenths of one percent perhaps due to the fact that. We are. Seeing a little bit of sterling weakness this morning looking up the handover from Asia the, regional benchmark their sled earlier with China's currency we have seen we. Have since seen a ton round however with the Asia Pacific index rising by half of one percent the Shanghai comprising by more. Than. Two percentage points as I look at it now we are keeping a keen eye, on the Chinese Yuan we did see see a dip as much as three. Point seven percent after, the PBOC came out to fix its well put its daily, fixing basically higher than what was estimated since then though we. Have seen the Chinese Yuan take back a lot of those losses some intervention perhaps who knows the Chinese. Yuan little changed as look at it now. Against the dollar the ten year treasury yield meanwhile not budging a lot often The intervention that we saw from Donald Trump in terms of interest rates two point eight four three. Percent that's where we are at the moment on. The ten year that's a quick check of the. Markets let's get to our top story so that we can get to talking about luxury which is what we want to see this morning Marcus let's start, in the US President Trump has attacked the Fed's rate policy it's a break with White House, tradition of avoiding comments on monetary, policy to respect, the independence of the central Bank. The dollar weaken does Trump told CNBC he isn't happy. That, the fed is raising rates and potentially slowing the US economy, the Bank has raised interest rates five times since. The president took office in January last year just a more details on the u on. I was talking about earlier China's central Bank has weekend it's, daily reference rate for the currency by the most in two years still the UN, ped- losses later after a big Chinese Bank began selling dollars in the past month the UN has been the worst performer. Among major, currencies that's helped fuel the plunge in commodity prices let's home in on the.
"markus karlsson" Discussed on Bloomberg Radio New York
"Radio cuckoo today's Gen he's Markus Karlsson with the international headlines good morning guy UK police reportedly believe they have identified the suspected perpetrators of the Novi chocolate tack on former Spicer gay scruple and his daughter Yulia according to. The Press Association offices think several Russians were involved in the attempted murder and say they are looking for more, than one suspect they said investigators were quote sure the suspects were Russian the prospect of a challenge to Prime Minister Theresa. May's, leadership has receded as parliament starts winding down ahead. Of the summer break, Bloomberg's Alex Morales reports during a busy day in, parliament may took grilling from senior lawmakers who chair various parliamentary committees to, meeting coincided with a statement in the main. Chamber by, Boris Johnson explaining why he'd, quit as foreign secretary he'd been moaned a fog of self doubt that he felt had descended, over the government in devising Brexit policy but stopped short of. Plunging the knife into, may praising her for her courage and resilience rounded off today at a. Meeting Rank and file Lou makers where she sought to United divided party at a largely positive meeting in, which one, said he'd withdrawn his letter calling for a confidence vote. Inland Alex Morales Bloomberg daybreak Europe US President Trump has continued, to send out to mixed messages over Russian. Meddling in the US election in. A news conference he. Suggested that the Kremlin isn't currently targeting America. But Trump. Also told CBS news that, he believes director of national intelligence Dan Coats. When, he, said the threat from Moscow is ongoing and economic and political problems are piling up for South Africa's president Cyril Ramaphosa Bloomberg's Mike Cohen reports took office in February when Jacob Zuma was Zayn after scandal-tainted nine year tenure. From opposing she won praise for cracking down and growth but sentiment is saw the surging fuel prices and demands, for bailouts by Brooks state. Companies prostrate his efforts to revive the struggling economy Cape Town Mike Cohen Bloomberg daybreak Europe and Well that's it for the global news twenty four hours a day. On Aaron. At, take talk on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred, twenty countries I'm Markus Karlsson this is blue. Back the first three went off earlier Connie Steve this morning with the sports colleague Justin Rose will be hoping for a good start, at the, open Gulf. At Carnoustie this morning Games to become England's first winner in twenty-six, years the world, number three is one of the favorites for the title as Rory mcilroy he's trying to claim the jug for a second. Time Celtic have set up a second qualifying round tie against familiar opponents in the Champions League the Scottish titleholders. Will next face Rosenborg after us fix nil aggregate victory of, Alaska are menia meanwhile Hepburn injured easily progress to the. Second qualifying. Round, of the Europa league tonight barring, any disasters Neil Lennon side of six one up, heading into the away leg of their tie with NS Cy ruin Avik Faroe Islands Britain's Chris frame is now. Just one minute. And twenty five seconds. Of the leader at the tour, de, France. The time winner clawbacks time to, finish third after stage eleven which was won by teammate and new yellow jersey holder Darren Thomas And it's the top of the table clash rope Peleg tonight latest Helen's will be looking to move closer to securing the league leaders shield when, they had the second place Wigan can get over to Pete FOX for the US. Sports report as we get ready for the second half. Of the baseball season the dodgers have acquired Manny Machado from the Baltimore Orioles in exchange. For us the l. d. as a bunch of, other prospects and. Other deal went down yesterday. In, the NBA as the San Antonio Spurs and Toronto Raptors work out a deal, with the Spurs, sending collide Leonard north to Toronto along with Danny green in exchange for demar rose a protected first round draft pick and. They are underway in the opening round of the open championship in Scotland at Carnoustie has Jordan speed looks to. Defend his Clara jug Tiger Woods will tee it up at, ten twenty one eastern FOX that your Bloomberg NBC world. Sports, update All right That. Was awesome We're gonna come back and talk. About the pound..
Japan, EU to sign trade deal eliminating nearly all tariffs
"Management one time on Tuesday may. Will add to. The appearance of crisis asking members of parliament to vote to start their summer vacation early it's harder for them to plot against the. Prime minister when their colleagues from parliament in, London Thomas penny Bloomberg daybreak Europe leaders. Of the European Union and Japan or, signing a widespread trade deal in Tokyo today eliminating nearly all tariffs Bloomberg's Chris Anstey. Explains. This comes as the US throws up barriers reducing. Tariffs, on Japanese cars headed for Europe, and European agricultural products such as wine and cheese headed for, Japan Prime Minister Shinzo and his European counterparts are expected to highlight how the deal stances a statement of. Confidence in the principles of free trade in contrast to. The, unilateral protectionist moves by US President Donald Trump in Tokyo Chris Anstey Bloomberg daybreak. I'm Warren Buffett keeps making good on his promise to eventually give. Away all his shares in Berkshire Hathaway buffet just gave away. Three point four billion dollars to five charities among them the Bill and Melinda. Gates Foundation so far buffet. Has given away Berkshire stock valued at thirty one billion dollars global, news twenty four hours a day on Aaron at take talk on. Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty. Countries I'm, Markus Karlsson this, is Bloomberg guy hey with the European sports usually England's quickest will to wrap up a, one day international series. We, Inova India laser they go into the deciding match Headingley locks, at one all inside convincingly, beats India at Lord's on Saturday to level the contest after being, thrashed by the, tourists at Trent Bridge Welsh title winners the new saints will lead to do something spectacular to reach second qualifying round of the Champions League. Tonight's therefore kneel down head against the home leg That's. How it Macedonian side scan Gandhiji Northern Irish champions crusaders are in an even worse position they start their second leg with new duress. Trading seven nil ranges attempts, progress to the second qualifying rounds of the. Euro per league later Stephen Gerald, side a up against cheapie heading into the second leg of. That tie in, Macedonia and, Chris Wray and we'll look to make up some, grounds cycling's tour of France regimes this morning offer arrestee before time champion heads to the outs one minutes and. Forty seconds behind..
Dollar buoyant near 10-day peak, bolstered by higher U.S. yields
"Markus karlsson also in london eight eight thirty am if you're listening out of paris or frankfurt there are signs of the risk on an asian equities this morning with trade concerns seemingly taking a backseat looking at the futures that's a two could spread to europe euro stocks fifty futures gaining about three tenths of one percent this morning footsie100 futures also on the front foot rising by more than half of one percent dax futures rising by four tenths of one percent in the same goes for futures looking into the asian session regional benchmark they're advancing eight tenths of one percent japanese says leading the way higher with the nikkei two thousand five index shutting up shop with a gain of one point eight percent we have seen a letter a bit of weakness in china with shanghai now down by a tenth of one percent so it's actually been paring back some of its previous losses looking at currencies we're seeing some marginal gains for the bloomberg dollar spot index also the major currencies sterling is the biggest decliner against the greenback weakening this morning by third of one percent cable at one spot thirty one sixty four uk politics and brexit very much in the spotlight in fixed income treasury yields edging higher this morning two point eight five percent that's where the ten year is when it comes to european yields well to be honest they not moving much bath to ten year boon jailed for instance at spot three five five percent fancying marcus the us president has criticized theresa may's agreed brexit plan and says he would have done things differently donald trump was welcomed to the uk but the prime minister yeah yesterday at the start of his first state visit since taking office will the lead again at chequers later in what could be an awkward meeting following his interview with the sun the deal that you striking is not with the people voted on so much different deal than the people voted on it wasn't what the deal that was in the referendum but it'll definitely affect trade with the united states unfortunately in a negative way so an exit from the sun interview with donald trump of britain's financial industry has also slumped maze latest brexit proposal with some even calling it the worst outcome possible yeah something that of course we have to keep a very close eye on it's interesting to see the dynamics because of course president trump is quite quest boards johnson and in a certain way it's almost like listening to boris johnson when he talks about that right let's talk a little bit about the overarching trade story this morning the us and china have signaled that they were open to resuming negotiations over trade off days of exchanging retaliatory threats high level trade discussions between the world's largest economies have stalled says last month treasury secretary steven mnuchin said beijing must commit to depress reforms and argue that america is not in a trade war now meanwhile china's total trade with the us increased in the first half of the year in dollar terms total trade grew thirteen point one percent in the first six months of the year exports to america were up thirteen point six percent compared to the same period in two thousand fifteen while imports rose eleven point eight percent and another story that we're watching the philadelphia's fed president has defended the central bank's symmetrical inflation target patchy caucus says that he would be comfortable with price increases the two and a half percent half a percentage point higher than the official goal he also sees up to four interest rate hikes this year and beginning the year i have put in three for this year three for next year off of that although i am open to a fourth increase this year if we do see inflation starting to accelerate so that was philadelphia fed president patrick harker speaking that now for the latest in global news here's bloomberg's ben clarke good morning us president donald trump's campaign chairman paul manafort's lost his bid to get out of jail while appealing a trump judge's order that put him there bloomberg's nathan hager has the details a three judge federal panel denied the former trump campaign chairman bid for freedom and a one page decision the judges said manafort didn't show his request should be granted before they rule on the underlying appeal us district judge amy berman jackson throughout manafort's bail last month after he was accused of.
"markus karlsson" Discussed on Bloomberg Radio New York
"Hours a day oh naronha take talk on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm markus karlsson this guy sure i wanna read this the lineup for the world cup final has been decided and england won't be there gareth southgate's men suffered a two one extratime defeat to croatia in moscow england will next play belgium in a third place playoff on saturday croatia france in sunday's final well he'll be in the ladies final at wimbledon later after and i think they have men's quarterfinal action defending champion roger federer when townsend a five fiveset defeat to south african kevin anderson well number one rafal needed nearly five hours to say off the challenge of martindale portray the dow will next meet novak djokovic while american john is now plays anderson in the last four serena williams has had semifinal with germany's hewlett gaga's on central lighter england's cricketers returned to the format they currently strongest in this afternoon after losing a t twenty series two one to india trent bridge host the first of three oneday internationals against the same opponents and gulf this will be warming up for next week's open championship with the scottish open in the beginning this morning england olympic champion justin rose heads the field and bring on euro twenty whatever it is now for roundup of the latest sports as pete fox baseball at fenway red sox extend their winning streak to nine in a row beating the rangers sports to chris sale got the winner and he's now ten and four yankees blank the orioles at camden yards nine nothing greg berta grand slam in the wind sunny gray the winning pitcher matt needed tend to get by the fills three nothing as an eight three win over the astros and the giants a five four win over the cubs in thirteen buster posey knocked in the game winner i'm pete fox natural bloomberg nbc world sports update thank you very much indeed.
Stocks, commodities recover after latest trade war jolt
"Very good morning from london i'm markus karlsson in dubai remarkable choppiness in commodities marcus that really sets the stage for these slight shifts in how investors feel about these trade tensions yeah absolutely i think there are plenty of england fans licking their wounds after last night's game against croatia and the same probably goes for commodity traders as you were just alluding to the bloomberg commodity index dropping by the most in three years yesterday trade concerns front and center of course that being said we all sing a little bit of a relief rally taking hold in asia this morning the asia pacific index the regional benchmark when it comes to equities is rising by about a quarter of a percentage point we are seeing green arrows essentially across the board in the asian session with the nikkei two to five index for instance rising by one point two percent the shanghai compared jumping by two point one percent as i look at it now when it comes to commodities crude prices all studying after what was the sharpest plunge in two years yesterday brent crude rising by one and a half percent wti advancing by six tenths of one percent metals also going back some of their losses from yesterday cooper for instance rising by eight tenths of one percent after its biggest fall since december on the enemy yesterday goldman sachs has cut its outlook for metals that needs to be said while ubs says china's actions will be key going forward when it comes to fx the bloomberg dollar spot index holding onto gains from yesterday perhaps weakening marginally edging lower by zero point zero eight percent as i look at it now it's a little changed against the euro perhaps the single currency strengthening somewhat against the yen though the greenback has risen to its strongest in six months with dollaryen trading at one hundred and twelve spot twenty one which means that the japanese currency in this session is off by now the two tenths of one percent yousef yeah marcus let's cross over in singapore where wes goodman from the markets live team joins us so this rebound relative rebounds now a lot of conviction in it what what what do you think the driver of that is is it is it the trade tensions perhaps yeah or an easing of the trade tensions maybe morning everyone we have this article at the top of the top page on bloomberg saying the us and chinese officials are hinting at the prospect of another round of negotiations so that's that's helping both stocks commodities today you know and i think investors have had some time to put yesterday's news into perspective bit you know this this list of tariffs that the president asked for president trump ashley requested this list this list of additional tariffs in june so you know it's been coming for several weeks and it won't be finalized for for several more weeks and you know so it'll be a long lag before these extra tariffs or possibly implemented there might be a might be a compromise in the meantime i think you know there's just been a break in the frantic worrying that's been going on and you know as we said earlier as you said earlier leading to a little bit of a relief rally now you're also right saying that the calm in treasury markets shows that commodities have fallen too far of course a lot of the focus in these markets has been on commodities in the past twenty four hours talk us through your thinking yeah in kind of a minority here but looking at copper you know people are saying the copper is this really terrific gauge of how the economy's doing it is but if you take copper as a gauge of how the economy's doing and you know the trump tariffs are going to slow growth and that sending copper and all these other commodities down you know so in other words that's very negative view of what's in store for the economy but i like to look at the treasury market and i'm saying you know hang on a second treasuries which are one of the world's biggest markets are little changed you know and this is also a market that is driven by expectations for growth and inflation you know so we have one market that's that's tumbling and another that hasn't done anything you know but for me i like to give more more way to the signal from treasuries which is at the tariffs have done enough yet or they don't have enough to slow growth that much if that's you know if that's the.
Micron barred from selling chips in China, rival says
"In paris frankfurt or brussels good morning everyone i'm nara chayhitch marcus carlson and i'm markus karlsson good morning it helps if actually pressed the little button that turns my microphone on doesn't it we've been looking at another day all the losses over in the asian session even as the chinese yuan recovers from its recent losses equities in mainland china and other markets still under pressure hong kong for instance down by as much as one point four percent i'm talking there of course about the hang seng index at the same time though the asia pacific index has been preparing previous lawsuits still down though still in negative territory of by about two tenths of one percent the topics in tokyo closing marginally higher european futures they are pointing to a weaker open for european equities as well euro stocks fifty futures off by quarter of a percentage point we're seeing footsie futures off by tenth of one percent dax futures by one third of one percent when it comes to ethics the chinese yuan still very much in the spotlight it is rising though for a second day after the pboc pledged yesterday to keep the currency stable both the onshore is what is the offshore yuan rising the offshore by six tenths of one percent the dollar remains under pressure for second day against other major currencies with the bloomberg dollar spot index now at a three week low of about two tenths of one percent all prices rising today with wti currently climbing by let's see run about half of one percent at seventy four dollars and forty eight cents let's turn to our top stories marcus on a chinese court has temporarily banned micron technology from selling chips in china cutting the us company off from the world's largest semiconductor market that's according to microns taiwanese rival umc which says a payton ruling was issued in its favour blocking micron from selling twenty six products in the country bloomberg's ian king says this impacts microns dynamic random access memory from the us perspective from the market here investors in micron stock here on something of this magnitude is not what i wanted to be reading about micron says at this point it hasn't been served with an injunction at the same time we've been hearing about thi this as the shares have jumped after the company was handed a lifeline and allowed to resume business in the us at least temporarily the band though that's been put in place on said t e business may already be hurting the company this is bloomberg understands that the firm lost out to erickson for six hundred million euro contract supply wireless equipment to win trae which is a.
"markus karlsson" Discussed on Bloomberg Radio New York
"To london and check in with bloomberg daybreak europe anchor markus karlsson paul double digits inflation and twin deficits put the turkey slayer at the center of last month's emerging set off in response the talk central bank boosted borrowing costs by three hundred basis points and announced it would revamp its interest rates system the central bank meets again in the coming week and the question is if more emergency action might be needed from all we can turn to ben harvey bureau chief for bloomberg news in turkey and an istanbul ben great to have you on the show so first of all did the action by the central bank heal the patient or did it just put a bandaid on the problem what it did was it stop the curation the lira was rapidly depreciating the problem is that the action so delayed much of the damage has already been done to the are still down about twenty percent over the past year and that's going to have some pretty serious consequences now the two most important of which inflation people are talking about inflation at fifteen percent by july and the second of which is the ability of turkey's companies to pay back their foreign exchange debts yalta global currencies in may only the argentine pessoa in the venezuelan bolivar did was now when it comes to what the central bank might do next week we've heard from the central bank governor as well as the deputy prime minister they were in london this week and they were said to flag that turkey is prepared to race rates again if inflation accelerates could happen then as soon as next week i think the expected patient investors at least is that are has still that this last rate action with enough to to stop the rapid depreciation but if they don't see something else on june seventh at the scheduled central bank meeting there's likely to be another round of selling in the lira the question is the weather all the president vegetate barrier to one will let further interest rate hikes happen he's previously made it pathak lately he doesn't like to see interest rates rising.
"markus karlsson" Discussed on Bloomberg Radio New York
"London i'm markus karlsson with this bloomberg radio business flash european stocks will open in just over forty two minutes time in the future suggest that stocks will build on four days of gains euro stocks fifty futures advancing bomas to two tenths of one percent the same goes for docs futures rethink account features marginally higher while footsie100 futures are firmly in positive territory high about almost half of eight percent when it comes to the handover we did see gains in the us last night and asian stocks have followed suit the mci asia pacific index advancing by four tenths of one percent but it comes to asian markets were also watching the fallout of malaysia's shock election upset more or less in just a moment when we're live in kuala lumpur the ten year treasury yield meanwhile we've been watching it closely this week it is lower this session by two and a half basis points trading at two point nine seven eight percents so retreating from that three percent level here a europe cash trading started at the top of the last hour or this hour should say and italy's benchmark yield is rising by almost three basis points we're keeping an eye on this off to silvio berlusconi essentially paved the way for populist governments in italy other otherwise we all seeing yields elsewhere in europe a little changed the german boon jailed for instance at zero point five five six percent also watching the dollar this morning retreating from its highest levels this year the bloomberg dollar spot index of by zero point one five percent all process meanwhile rising eight tenths of a percent when it comes to wti at seventy one dollars and.
"markus karlsson" Discussed on KBNP AM 1410
"In response the us foreign policy chief federico greenie has vowed to protect the blocks economic investments and interests in iran u s secretary of state mike pompeo has arrived in north korea to prepare for president donald trump's summit with leader came young own boombox david tweed reports watching to say from peyot secures the release of three americans detained by north korea and also a final date set for the kim trump's some release of the detainees would give trump's credibility a boost after he tweeted last week that their release was imminent and nothing happened in hong kong david tweeden bloomberg daybreak europe meanwhile japan's prime minister has welcomed leaders from china and south korea for the first time in seven years korean president moon jae in is in tokyo for trilateral talks with shinzo albay as well as the chinese premier li chung all three countries want to resolve the standoff over north korea's nuclear weapons program but analysts say there are different approaches may make it hard to agree on anything substantive and italy's heading for a snap election that may boost the chances of a populist government taking power bloomberg's john filleting explains a stable adminis still seems far off he's expected to name a nonpartisan prime minister but the antiestablishment fivestar movement and the us skeptic league both plan to vote against that nominee in parliament so we'll have to trigger a new elections as early as july or in the fall in rome john fallon bloomberg daybreak europe global news twenty four hours a day on a talk on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm markus karlsson this is bloomberg guy got to reince degree tales story that we've been watching for quite some time the battle for control online when it comes to what is going on with the incidents and retail really beginning to heats up what we've got now is confirmation coming out of softbank masayoshi sun confirming over the last few minutes so thanks confirming the wool mart is to buy control flip cards i again this kind of goes back to what we're seeing across.
"markus karlsson" Discussed on Bloomberg Radio New York
"In response to issues foreign policy chief federico greenie has vowed to protect the blocks economic investments and interests in iran u s secretary of state mike pompeo has arrived in north korea to prepare for president donald trump's summit with leader came young own boombox david tweed reports from peyot secures the release of three americans detained by north korea and also a final date set for the kim trump's summit release of the detainees should give trump's credibility a boost after he tweeted last week that their release was imminent and nothing happened in hong kong david tweed bloomberg daybreak europe meanwhile japan's prime minister has welcomed leaders from china and south korea for the first time in seven years korean president moon jae in is in tokyo for trilateral talks with shinzo as well as the chinese premier li chung all three countries want to resolve the standoff over north korea's nuclear weapons program but analysts say there are differing approaches may make it hard to agree on anything substantive and italy's heading for a snap election that may boost the chances of a populist government taking power bloomberg's john splaine explains a stable ministration still seems far off he's expected to name a nonpartisan prime minister by the antiestablishment fivestar movement and the us skeptic league both plan to vote against that nominee in parliament so we'll have to trigger new elections as early as july or in the fall in rome john lane bloomberg daybreak europe global news twenty four hours a day on a talk on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm markus karlsson this is bloomberg guy degree tells story that we've been watching for quite some time the battle for control online when it comes to what is going on with the internet and retail really beginning to heat up what we've got now is confirmation coming out of softbank masayoshi sun confirming over the last few minutes for the walmart is to buy control flip cards i again this kind of goes back to what we're seeing across the retail space back we see amazon having an effect here in the uk as as we see massive kind of merging of some of the the biggest supermarkets we see in the united states and we see what's going on there but walmart's really trying to step up the.
"markus karlsson" Discussed on Bloomberg Radio New York
"Morning i'm markus karlsson as every fifteen minutes here on bloomberg radio we talk through the markets and the risk of sentiment that we saw in the us last night and in asia overnight spilling over into europe this morning it's thirty minutes before the european open on the futures are pointing lower euro stocks fifty futures declining by two tenths of one percent footsie index futures by two tenths of one percent and cac count futures off by as much as one third of one percent us equity futures are also pointing lower as the mci asia pacific index is accounting here by more than half of one percent the hang seng in the asian session hardest hit out of the main indices they're falling it's much as one point two percent at this stage while stocks are an offer treasuries are bid this morning the ten year treasury yields declining by one point three basis points to trade now at two point eight to nine percent we also seeing some european yields sliding here this morning with a boon deal for instance of by basis points as well trading zero point six zero eight percent in fx the dollar is sliding the bloomberg dollar spot index off by a tenth of one percent narrow onto some of today's top stories and the top story that has been moving the markets cia director mike pompeo is to become the new us secretary of state after president trump fired rex tillerson the departure brings to an end a rocky tenure for the former boss of exxonmobil and sets in motion a shakeup of the administration's foreign policy team meanwhile prime minister theresa may we'll set out how she plans to retaliate against russia over the nerve gas attack on former spine may is meeting with her intelligence and national security chiefs today to discuss whether russia has given a credible answer to her allegation that eight was behind the poisoning she'll let then update parliament on the back of that meeting in corporate news the world's largest clothing retailer reported a slowdown in sales its weakest profitability in a decade spain's in detects the operator of zara chain says gross margin narrowed and same store sales growth slowed down in the second half of the year in detects has been hurt by the strong euro also spending more on expanding its online business and adidas has a message for investors who had fared a hard landing for its growth story keep calm and enjoy.