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The white house is disputing a claim from a democratic senator that trump Economic Advisor gary cohn fake a bad reception to get off the phone with the president. Tom carper says he was in a meeting with cohn when it happened. The white house says the story is completely false. A former bosnian serb general rajko melodic was convicted for his actions during the war of the 1990s. He was ejected from the courtroom when he said everything they say is a lie. He was sentenced to prison. You are watch...

Welcome to bloomberg daybreak europe. Right here in the city of london, i manus cranny. I happy thanksgiving for any of our viewers who are tuning in late at night. The United States of america, your markets are closed, have another glass. When it comes to the steelmakers of the world, this is the be. Of 172ed operations billion euros. 1. 7 billion euros. Out to 1. 2. Comes earlierounced a merger this year, taking steps to combine the european still business with the regions secondlargest produc...

Stocks declining for a second day. A slump in chinese equities in a , which is why we might see exacerbated moves. More dovish than expected Federal Reserve. We had the minutes yesterday. We are getting pmi edit europe, better than expected. Better than expected if you look at services. Manufacturing also that are than expected. Manufacturing also better than expected. We are looking at a pretty strong economy. Au will get to europe in second. Eurodollar currently 118. 45. Coming up, we speak to...

Missing. After a navy plane crashed into the sea southeast of okinawa. It has been a bad year for navy 7 fleet, with two fatal accidents in air, asian waters this year. Our top story, growing pressure on long of serving congressman to resign. Democrat john conyers of michigan, facing an ethics investigation after two women accused the 88yearold of Sexual Misconduct. And scandal is raised concerns about how taxpayer money are being used for hush money. Fox news chief congressal correspondent Mike...

As the white house and the gop leaders continue to push their plan for tax cuts, some firms on wall street appear to be growing skeptical. And that could spell trouble to President Trumps signature issue. According to the washington post, bank of america economist are calling the republican proposal a quote fiscal sugar high for somebody who drinks mountai mountain dew, i kind of like that. Morgan stanley claims any positive effects from the tax cuts would be shortlived and ahead of Goldman Sach...

Where is they thought that would of come to the forefront but maybe be cap is too expensive. Lets put up the risk radar and show you where we are. We are seeing a little bit of support for the japanese equity markets, the weaker yen, that is helping. China is selling. That has fizzled. We are near december near record levels. Manus keep an eye on oil. We are waiting to see what happens at opec nonopec. Youve got disruption at the keystone pipeline, transcanada is said to reduce shipment by 85 . ...

Dave stocks opening, waiting for development in a political crisis such as it is in germany, talks of a coalition to rule the country helping lift german stocks, the dax index early on. Chinese stocks took a beating, the shanghai composite down to present. There was a bounce back overnight, shanghai composite up slightly. More news for uber, the wall street journal reporting the new ceo knew about the massive Security Breach for months before telling customers and drivers. Fbn a. M. Start now. I...

Rishaad what an afternoon it was, just one gentle slope all of way down to record a loss 3 . Let us put this into context. The csi 300 benchmark in shanghai, shanghai shenzhen stocks. What happened to that beijing that is what investors in china were asking themselves after this date of largecap shares plunged, rattling the market, one which has become rishaad margin debt below the bubble peaks, has been increased seeing for six straight months. A lot of investors nursing their wounds this morni...

Continent as well, we see the ftse Index Trading down and it has been all day. Continental indexes have been doing well but the ftses down. 1 stoxx 600 is down 1 10 of and the dax and the cac 40 is doing well. A little bit of recovery here. Currencies, two days story has been a euro story. As we move closer to the possibility of a majority government in germany, thats the heavyweight anchor of europe with the euro trading up and its now 100 its now 1. 19. Late the talk collapsed sunday night, th...

On that. Lets check on the euro. 117. 5,nce coming in estimation was 116. 7. You can see the leg up for the euro at 11858. If you break it down, he will have the current confidence. You have the Business Climate to get that pretty much in line, a touch better. Thats why we are seeing a bit. F an impact on the euro 118. 50 one. 1858. Nine 30 a. M. London time, we talk about the housing luxury ceo in london, with a thats a 9 45. Lets get straight to bloomberg first word news. Here is at ludlow. Ge...