It is a different set of numbers, but tesla is said to be production after a record quarter. Manus welcome to daybreak europe. Battered, bruised. Im not talking about politicians. Im talking about the pound. Kingdom, in the united sentiment is being battered and bruised, something to do with brexit. Pound faces a twoyear low. Why isnt sterling rallying . If it was such a demonstrative statement in the house of parliament or not, as the case may be. No rate hike from the bank of england until 2020. The worst quarter since 2012. Is it brexit or global slowdown . Have a look at the rest of the world. Bonds are a treacherous asset. That was mngs line yesterday. Back up to 2. 3 . Ratios were slacked to say the very least. Have a look at nymex crude. Inventories. In Credit Suisse with a higher core on the oil market. Nejra have bond traders fallen into a dove trap when it comes to the fed . We look ahead to jay powell. The twoyear back above 190, jumped 22 basis points since the lows in june
Anna good morning, everybody. Bloomberg it is bloomberg daybreak europe. The market choosing to focus on the positive around level growth. The chinese growth story we covered in detail yesterday. The risk of a shutdown in the united states. Senate democrats may be in the steering seat for that one. Inflation, inflation, inflation is the big talking point this week, in particular today. Mex in here moving in the other direction, down one point 22 . Down 1. 2 . That is on a meeting taking place, opec and Friends Meeting in moscow over the weekend. Getting news there. The story around the bond markets and inflation, u. S. 10year yields at two points at 2. 6 . Trump thes shutdown inflation jitters . It seems the other way around. This is the demand that is 10yearthe 30year breakeven spreads, and this is a gauge of Inflation Expectations. Subzero for the First Time Since 2013. What is in the backdrop to this . Bond traders were clamoring to buy inflation protection. There was an auction. At
Win in 1977 league mvp Legendary John madden recover their relationship they have with the raiders from 70 to 79 vanishing as career with houston oilers the norland safest varese mentioned that alabama and college can stabler dead tonight at the age of 69. The avifauna crew heading the raiders headquarters theyre also waiting gary who offers his unique perspective on a sad day as ken stabler passes away a lot more on this on kron4dotcom the other night. Pam the top story tonight kron 4 Digging Deeper in the history of pier 14 shooting suspect Francisco Sanchez. How he ended up back in San Francisco in the first place tonight banned herman has documents which way out who knew what and when been reports from. San Francisco City from reporter this is the 20 yearold warren for december 1985 to assist the sanchez failed to appear on two drug charges sale of marijuana and per procession of sell marijuana and the. Air raid to released from custody this year after serving time for illegally en
But police did not go and immediately get an arrest warrant for martinez. Instead they waited two days until saturday after the five people were murdered at this modesto residents. As said when it comes to a homicide investigations. You have one shot to make your case theres much more than just the Place Apartments involving criminal investigations. If it did other case and asking a holocaust torres than individual and then has to be enough to be will file charges on. My on no Police Department did not drop the ball. Reporter acquiescence that two days after they get the word that killing from last year as a homicide. Is murders take place martinas as a suspect in that case as well right now police are saying they do not believe the two things are connected but still martine as is the suspect in the massacre on saturday. Catherine decrement crews worked released a statement saying our deepest condolences go to the family and friends of patients of dr. Kerrs choose loved as that mentor
And im anna edwards in london. Lets start the program with data out of the eurozone, specifically out of italy. We had gdp data hitting the bloomberg. Exactly inline with estimates, 0. 4 , the Second Quarter pulmonary reading. That is what the analysts were looking for. Data on abetter number of fronts from italy. Industrial output expands in the Second Quarter. The jobless rate, still too high of course, but coming down. Better news on exports and bank rescues taking place in italy. Those are some of the headlines in the Second Quarter. In line with that, we see this better growth picture, in line with estimates and the previous quarter. Lets look at where we are on various assets. 1. 1720. Urodollar, heading into this we were at 1. 1755. A little bit of sluggishness on the euro. The stoxx 600, up by 0. 7 . Gold and yen, continuing to s lip. Bullishness in stock markets in europe today. Pound, 0. 91. O we are going to get the u. K. Wage data and eurozone growth figures. We got the s p