Ahead of his News Conference there later today. And samsung shares rise as the Company Beats on Quarterly Earnings. Memory chip prices finally begin to climb out of a persistent downturn. It is 8 00 a. M. Across the emirates, 12 00 midday in hong kong. This is bloomberg daybreak middle east. Im tracy alloway. The middle east never has a shortage of news that this morning with iran announcing a seriesf missile strikes on u. S. Bases in iraq, the First Response to the killing of general soleimani, as i mentioned. Reporters are on standby to walk us through the latest developments. What are we seeing in terms of the reaction from the u. S. . So far, u. S. Reaction has been muted. The u. S. Did not release numbers for casualties, and basically, they are still assessing. President trump says all is well. Basically saying so far all is good. Meantime, meanwhile, we are looking at a response from the iranians where the foreign minister kind of hinted there might be actually a deescalation bec
Competition for gas in greece cyprus and israel sign a pipeline deal in the Eastern Mediterranean but turkey is also expanding its influence there so well still feel the rivalry and how is it shaping politics in the region this is inside story. Of their very warm welcome to the program im Julie Mcdonald worldwide demand for natural gas is growing and discoveries in the Eastern Mediterranean are changing the use policies on its Energy Supplies for decades its relied on russia for gas but israel greece and cyprus have signed off on a project for a pipeline that would lessen europes dependence on most school well the supply will connect israels offshore fields with europe and is expected to meet about 10 percent of the e. U. s demand for natural gas but that unites the 3 signatories in all positions at sarky and libya last month on korea and aaa agreed a new maritime boundary that they call their exclusive economic so they say this gives them full rights to exploit actual resorts in the E
Peoples republic with a deploy of military and economic might. President xi stretches national unity. Protests stresses national unity. Protests continue in hong kong. Manus very warm welcome to bloomberg daybreak europe. Moved the rba has moved and it is a dovish move. The aussie has dropped because the rba is ready to do more. Therein lies the point. There is more slack in the economy. I love the french from steven major. The Central Banks are first, at the front, ahead of the game on rates, ahead of the game on language. Have a look at the risk profile this morning, because it is all about the prism of fx and the markets. The dollar is up nearly 3 in the quarter, the best quarter we have seen since the middle of 2018. It would be for hearty and dangerous to bet on rate cuts to take the dollar down. Bmo says it is the most unloved rally and impeachment could draw it higher. Of course, you know, since the end of june, there is a discussion, the aramco story is front and center. That i
Resigns. He takes responsibility for the companys spying. The ceo was not involved. Widening the net. President trumps allies are entangled in the impeachment inquiry area giuliani and pompeo are drawn in. And a tale of two chinas. , butnping calls for unity parading is contrasted by street protests in hong kong. Matt less than half hour from the european open. Ike a look at the bund yield have here in my screen. This is threeday trade as usual, but you see the yield continued to rise. This is the picture we see when you look across major 10 year yields. Rising as investors selloff. Does that mean we are going to see a riskoff session . We certainly saw equities rising in asia overnight. Take a look at futures in europe. We see gains here as well on every index futures. About 0. 3s up percent. Ftse futures less than the rest, only 0. 2 percent. What do you see on the gmm . Futures, thats the reason the markets are asking, can we get an encore of the last 24 hours in markets . We are wi
The press. Shes saying the dialogue could resume but shes saying the stop. Ue needs to she asks the republic whether they want to see hong kong full abyss. E pretty Strong Language from carrie lam. She says hong kongs economy is suffering further. Of course, shes already warned about the impact on the economy. David . Yeah. Dialogue can only resume after all the violence stops, which is line from what we heard from yesterday. Uptodate on everything she mentions here. In the meantime, of course, lets have a look at the damage far. Hang seng index down. The politicaling turmoil spread. That chinaat shanghai composite down, thats of thatgesting some gross falling to the Second Lowest this year in july, reflecting weak demand in china. Possibly more stimulus from the government to juice that economy. 6 . Hang seng down almost 1 hong kong stocks under pressure all morning with the airport to a standstill, even though things are starting to come back online. Those airline better. Et mcci, do