Much a no brainer so it's up there at a strong level but with the red arrow down 6 tenths of one percent the u.s. Ten-Year sold off the yield rising up to one spot 7571 per cent so investors feel pretty comfortable about. Global trade this morning and it was result we see the yen selling off as well against the dollar you can now buy $108.00 yen for your dollar the euro little bit weaker against the dollar it want to Levon 57 and as we told you the pound right now trading at 129 and change just quickly if you look at oil we have 5926 a barrel for Brant so not a lot of movement there either and if you look at the next t.i.a. It's off a dime to $5368.00 so there's not a heck of a lot of movement in markets yet but there's obviously a lot to go a lot going on this week that could change that and we'll bring you as much of it as we can kick off with a lot of top stories this morning now the u.k. Government is pressing on with trying to get polymer entry approval for the BRICs a deal that Boris Johnson brought back from Brussels this is despite a defeat on Saturday which deferred a meaningful vote until after the necessary laws are passed and force the prime minister to ask unwillingly for Europe for a further delay Bloomberg wants Mr sébastien sonot reports government ministers were sent out on Sunday to spread the message that nothing had changed and Britain was still heading for the exit door on October 31st but the timetable looks nearly impossible it's likely the House of Commons Speaker John Boehner will block a rerun of Saturday's debate today so M.P.'s will then get down to discussing the regulations they must pass to get the deal done European These will keep an eye on that process as they way out given the u.k. New extension the feeling in Brussels is that if more time is needed to get the deal in across the line then so be it but they'll be closely watching the tone in parliamentary debates and checking the voting numbers before they make that. You'll live in London I'm Sebastian Sadik back to a break here at Sebastian and I will be live on Bloomberg Westminster digging into this and even more detail so be sure to be chewed in for that looking forward to that now the u.k. Is accelerating its no deal Breck's it plans the government has activated operation yellow hammer in which agencies and departments take action to offset the worst case outcomes u.k. Officials said hundreds of civil servants would be moved to work on the plan you know how much for all the noise but that you get around here but I think that many people will be looking eagerly to that plan at the moment I want to cross over to Singapore where I was Goodman from the markets live team he's joining is so wise Good morning to you now what's the outlook for the pound because I mean as Mark was saying it's been pretty strong really even since all the events of Saturday. Right Hi good morning everyone you know I think the prime minister is seeking another vote and apparently he he believes he has enough oats to pass his plan of course if that's if that happens that would help the pound we have a report from Goldman Sachs saying that approval of the deal would send the pound to about $135.00 per dollar and that would be a gain of about 4 and a half percent but I repeat my admonition that we've been disappointed by this thing so many times seems to me that one very likely outcome is that the whole thing just gets delayed and in that case you know all the uncertainties hanging over the the u.k. Economy will still be there and you know that's certainly wouldn't be good for the currency the German bund futures are already falling after e.c.b. Policymakers voiced Optimate opposition I should say to further easing and we already see I was surprised to look at the quote negative 38 only negative 38 basis points and you saying it a lot deeper into negative territory right now you don't know it's a little surprised by this. Oh I had been thinking the e.c.b. Was would be open to more easing and they kind of hinted at that in their last statement. Doesn't look that way now we have German born year olds at about minus $38.00 basis points I think the yields that we saw in August so we're close sort of minus 70 are probably ancient history you know and if the e.c.b. Is on hold this presents an interesting contrast with the Fed because the odds of a Fed rate cut at the end of this month keep rising so I think the the next thing that's going to happen is this the 10 year u.s. Spread over Germany which is about $200.00 basis points now that 10 year u.s. Premium over Germany will narrow whereas thanks very much indeed Goodman there live on the line from Singapore for real time market commentary analysis check out my life. Let's turn now to China and the base rate for new corporate loans state unchanged in October defying expectations of a reduction that's as the economy sees its slowest pace of growth since the early 1990 s. Amid a prolonged trade dispute with the u.s. This weekend Beijing's top trade negotiator offered positive signs that talks with Washington are making progress and both sides are working towards a partial deal by spermy. Says the nations have made substantial progress on the foundation for phase one pact Meanwhile the incoming e.c.b. President Christine Legarde says president trumps trade war dainty to global economic growth but that he could live if he wanted to she made those comments in a 60 Minutes interview conducted in September she takes the e.c.b. Helm on November the 1st. And in Japan exports dropped for a 10th month in September and has weakened weakness in demand overseas continues to batter manufacturers their shipments abroad fell 5.2 percent to extend the longest declining. Streak since 2016 double digit drops in auto parts and semiconductor making a quit were among the biggest contributors to the fall the Bank of Japan is going to assess the impact of economic weakness abroad a little mistake economy and inflation later this month speaking of an event in Washington the b.o.j. Governor Haruhiko. Kuroda said the bank will persistently continue its powerful monetary easing in on the bonds the economy's moved full fall the monetary easing may have become. Indeed as I mentioned even from that such circumstances it is possible to see me do when we got the prize. Monetary easing. Will Carette also said the Bank of Japan is closely watching the policy impact on the financial system. And on to one of the most read stories this morning u.b.s. Is cutting about 40 jobs in the Asia Pac region Bloomberg has learned that the reduction is are a split between the markets and investment banking teams with a majority at vice president level or below that comes as part of a global push to trim costs I'm finally a Goldman Sachs Bank has been arrested on insider trading allegations the Securities and Exchange Commission says vice president Brian Cowen Leaks nonpublic information is part of a scheme that led to $2600000.00 it elicit claims he's the 3rd Goldman employee in 18 months to be charged over insider trading. Now let's get with that too or other global news headlines we bring in re N.P.R.'s Morning Leon good morning that Hong Kong protesters unlace and now the way of destruction on the city of the weekend and a possible violence that has taken root to 20 weeks of demonstrations Meanwhile chief executive carry lamb is preparing to head to Japan for a 2 day visit that slated today Eric lamb hands small arsonist used petrol bombs and other flammables on parts of rail stations and outlets of some mainland owned retailers and banks on Sunday while trashing the branches of other Chinese businesses organizers estimated at least 350000 people took part in an unauthorized demonstration on Sunday police used tear gas and water cannons on protesters is scattered to cause damage after the March ended in Hong Kong Eric lamb Bloomberg daybreak Europe Canis lead Syria and democratic forces have pulled back from the northern border this is to take gevalt to resume its offensive if they didn't withdraw by the end of a u.s. Brokered truce on Tuesday night so again the kids have disagreed only geographical parameters the truce. How much of the region that applies to you so it's a lens environmentalist's with a big witness in Sunday's parliamentary election they are expected to clinch the title of $42.00 seats in the $200.00 men below House Catherine but reports that the trend evident across Europe for environmental concerns have taken center stage this here on the back of teenage activist backs protest the anti immigrant party came out 1st in the ballots but it's margin of victory decline it is Eric Catherine Bose Lee Bloomberg daybreak Europe and hundreds of thousands of anti-government protest had gathered in Lebanon's capital Beirut and the biggest demonstration there in 15 years protests began 4 days ago after the government announced new tax proposals the move sparked anger among groups not criticize the country's. Reading plans for amassing private wealth they doing a little to help the crumbling economy they will nice 24 hours a day on average it take talk on Twitter by more than 2710 Listen analysts symbol the 120 countries I mean this is being bugged abroad testifying slowly and now with this morning small as he is with him it's like never football's here in club was hard career saving hip surgery earlier this year. Are living with the latest sport and just an idea what you should be watching for this week earning season in full flow I wasn't Tesla u.b.s. And Barclays amongst those reporting through the week on today was he just in true fight for his political career as kind of the holds a federal election and then on Wednesday Facebook Zuckerberg heads to the Hill he's testifying at the House Financial Services Committee to address concerns over the leaper cryptocurrency maps All right so still coming up on Bloomberg daybreak Europe edition a big push Sterling tick slightly lower as Boris Johnson prepares to ask the comments to support his Breck's it deal speculation suggests he has the votes this is Bloomberg. When it comes to keeping your small businesses valuable information safe Dell small business technology advisors can recommend tailored security solutions like servers storage networking Plus right now get up to 45 percent off select business computers with Intel Core processors running your own small business is a big challenge but with the right partner it's a lot easier to speak with an advisor today 877 by Dell that's 877 by Dell. When it comes to financial advice there are information than is my plan is that anything in stock. Brazilians from Bloomberg television hears Taylor Briggs one such company that may have its eyes on a public debut is snowflake itself a cloud based data warehouse service that helps organizations such as Netflix store and analyze information and it's valued at under $4000000000.00 Joining me from New York is the c.e.o. Of snowflake Frank slim and so Frank how does the i.p.o. Market feel to you right now is it healthy because companies are getting shaken off if they're not profitable or is that too volatile now I think it's actually healthy I mean should be a high bar it felt to me to euphoric for a period of time I'd rather have investors the protocol the trustee and really examine companies so that when they come to market you know the public can really have the comfort of these are real companies with a real philosophy a real momentum viable you know they have been properly vetted There's nothing worse than companies coming to market you know falling apart after an i.p.o. That's that's not good for anybody how has the in Bahrain affected it snowflakes plans to go public but hasn't thought that at all you know we're focused on the running our business we're preparing the company to go public and you know what will find our window and you know what I would like come through for the trigger and go you know i.p.o. Is a milestone but you know life continues you know right after you know we don't get too excited about it here more interviews like this one on Bloomberg Television streaming mine on Bloomberg. Bloomberg or check your local cable listings. Kids lines and breaking news 24 hours a day a really good book called The Blue Book is out to. Really but a business plan from European headquarters in London I'm Raje hearing with this Bloomberg Radio business flash and there's a lot of green on the screen across Asia this morning bit of a mixed start as traders digested the latest trade developments and quite obviously for that slew of big earnings reports coming up but looking across now the top picks up for tens of one percent behind Unc saying up 2 tenths of one percent little bit of weakness on the Chinese stocks Shanghai calm down a 10th of one percent the cost the op a 10th of one percent so quite mixed there pretty much across the board in the m.s.c.i. Asia Pacific up 3 tenths of one percent at the moment looking ahead of course to the European opening stocks 50 feet. Of one percent are looking to the u.s. Open s. And p. E. Many features a Polish 2 tenths of one percent at the moment but a lot of interest obviously given what's happening with Rex it of course own cable currently hanging around 1.9 dollars to the pound it's just hanging below the $1.00 but over to look depends I guess on what's happening today in Parliament and indeed the rest of the week and further afield looking into oil coming 53.68 dollars the barrel that sat down to 10 to one percent and bring crude really just hanging in under $60.00 a barrel down 2 tenths of one percent as well that's a pretty big business crash now here's Leon Barron's with more on what's going on around the world. Good morning the Northern Line In December he will sit for the 1st time in more than 2 and a half years later but it's just a simple and it can be because it conflicts function without a power sharing executive in plagues it is to debate new abortion that was passed by Westminster President Trump allies all making a list of potential replacements for acting teeth of stealth make Mulvaney so says Sayed includes. Well my acting attorney general Matthew Whitaker former New Jersey Governor Chris Christie and that turned political operative Wayne Burnham there are few signs Trump is in the hobby to replace most they need but some White House aides are unhappy with his performance at a press conference on Thursday and the biggest newspapers in Australia have blanked out they found to pages in a coordinated campaign against government secrecy the public press freedom has been gradually eroded by more than 70 counter-terror Noles since 911 the new federal police chief says he plans to meet News additives soon to discuss a concerns about press freedom Global News 24 hours a day on air and talk on Twitter by more than 2700 journalists and analysts of more than 120 countries yank Aarons. Matt thanks very much I'll get back to our top story the prime minister will be hoping to put his brags that deal of the House of Commons later on today but House Speaker John Bercow may reject it on grounds it's already been considered on Saturday M.P.'s voted to delay leaving the until the legislation for the Johnson agreement was in place so as to avoid a no deal departure cabinet minister Michael Gove is urging his colleagues to get Bracks it done there's no perfect into late for and what European Union wants to move all I know so there's no one in this country who thinks you know what the last 3 and a half years only want that division and I want that uncertainty to persist. Boris Johnson then said the required letter to Brussels asking for an extension and another with the obvious note that he didn't want to leave anyway that leaves the e.u. Now considering the Prime Minister's unsigned request for a delay to January 31st joining us now on the line is international government executive editor Roselyn Matheson Rose Good morning I'm let's have I think this will be a lot of very perplexed people out there this morning because people say wow. Can we have another vote today if indeed they're allowed to and what's very interesting is what happens on Tuesday where Parliament begins considering the actual legislation which difference between most things. That's right the In these are 2 things once known as a meaningful vote which is basically a test of the power in this appetite The other thing is the bill which is the nuts and bolts of implementing breakfast notice that with Cheryl agreement to build that the actual mechanics of getting breakfast done and it's a full bit of legislation what they're asking for today is just a simple aside about where they d. Support Breck's it or not and as he was just pointing out the staking may not be inclined to allow that today saying well hang on if you want to have that vote on Saturday exactly the same thing and by the rules of parliament we can really give you another go at it so that would be the 1st test today but if that doesn't happen on Saturday that's right but he will say well you Boris Johnson put that to a vote in parliament and when that vote was amended he decided not to go ahead with the full and final meaningful votes in a way he could say to speak he could say that that has been presented to Parliament already in the end bars Johnson opted not to have the final vote on it so that's sort of the semantical point that we're at really at the moment with Breck said that the real case actually tomorrow. How fast the government can get this legislation speeded up 3 parliament they're going to propose a motion tomorrow designed to sign to expedite it with joy of agreement bill through parliament that's the crucial thing to watch because that the actual mechanics of being able to do breakfast when Rose you know ask you about that because the government ministers a bill out over the weekend saying yes we've got the numbers we can get a list through how certain is a balloon that cold implicated committee stage of passing as you say the mechanics of the streets they're actually going to succeed. Either way it's going to be exceptionally tied to the numbers that we were looking at yesterday suggest. Could be a single vote in it it does seem like if you look at the way that some lawmakers were speaking and Palin went on Saturday in prime voting records and now of course the support of someone like Amber Rudd that he might just have enough to do it but it's going to be very very close knit you say people can change their mind but we've got a lot of people saying things in a way that suggest they are leaving the door open either way it seems like he does have the bulk of the conservatives on his side he does have some labor and case on his side but some may opt to have a stay at the final vote right now what we're saying is possibly he's got it by 62 when he needs 61 set the single vote in his pocket at the moment rather the best negotiating tactic for the you would you want to see a deal done of course would be to say we're not going to give you an extension but how likely is that. They believe that a No 2 right is that is a possibility they need but that they will actually after some grumbling gives the British an extension because they prefer a longer period of time even though it's frustrating for them to the sort of chaotic exit that would be looking at that despite what the French are saying that they say that every time to be on it we probably expect them to come back and say in the End Up to 3 months at that point in the end that will come and I touch it chaotic crash out the chaos is what everyone wants to avoid roads thanks very much Rosalynn Matheson the international government executive editor giving us some idea of how this is all going to play out this week but there's an old way to go and not much that this is because. I'm pretty handy