Welcome to the polls. Life from bloomberg headquarters here in london. It is jobs day in the u. S. Forstors will be searching meaning in the numbers ahead of the september Federal Reserve meeting. It may not be super thursday, but the u. S. Has key Economic Data on friday. The next to last jobs report before the Federal Reserves meets in september. The economist we raised we theeyed, predicts with unappointed rate Holding Steady at 5. 3 . As long as job growth and maintenance trend, with an average growth of 200,000, economists inc. The Federal Reserve will raise rates as early as september. Showed calls it a case of me why i shouldnt. One of the reasons the fed shouldnt is because of wage rates. The average will rise 0. 2 . And 0. 3 yearoveryear. Growth and pay is the one missing factor that would help push inflation up to their 2 target rate. Last week there was a negative sign for wages. The employment cost index which measures hourly pay an annual salary rose in the Second Quarter
What will macron deliver on brexit . Really enominated derivatives from london postbrexit, but can chicago come out the winner . Interesting question, guy, one we will talk about today. I will put that to Wolfgang Schaeuble a little later this afternoon. Stocks,f, a look at futures, gains across the board after drops yesterday. Then a look at ones. Investors selling off the german debt. Only to a lowlevel. The zero. 253 is what we are looking at. At theump in the yield beginning of the session this morning, about a half hour ago. Now, that yield has come down to almost unchanged. On your screen, it is showing as unchanged because it only goes two decimal places. 0. 253 in the german bund trade right now as investors look to get more risk in their portfolios this morning. Guy matt always taking the extra step. Lets talk about the gmm and walk you around the world. Energy stocks have done well in asia overnight. You are seeing this tech story fading and little. Intow a big selloff friday
Anna a very warm welcome to bloomberg daybreak, our flagship morning show in london. Im anna edwards. Manus and i am manus cranny. Lets kick it off with some red hot headlines. Anna we have numbers coming through from deutsche telecoms. Of course, to rise about 4 , so says the company this morning. They have given us the numbers for the Fourth Quarter. Revenue at 19. 5 billion euros. That is ahead of the estimate of 19. 1 billion euros. Giving us their numbers. Missing estimates, the dividend coming in at 0. 6 euros per share. That is one of the big stories around Deutsche Telekom at the moment. Back in their home market, prices are under pressure because of competition from vodafone. Better news out of the u. S. Unit. We heard from tmobile, with 1. 2 million monthly Wireless Subscribers, more than any other Wireless Subscriber in the u. S. This is a bond based business. Manus a couple more red hot headlines. Lets jump into standardbanks four year adjusted earnings per share. This is a
Well be going to that in a moment. Melissa all right. The fight for key battleground states is on. Donald trump hosting a town hall in colorado any minute where he will no doubt respond to Hillary Clintons attacks in her acceptance speech last night. We will take you there live. Meanwhile, clinton remaining in pennsylvania, touting her economic plan to boost jobs and build up infrastructure with more taxes and spending. Steve forbes joins us with his take on this one. And how weak is the european economy . David ouch. Ouch. Melissa were about to find out. The results could have major impact on markets here come monday morning. David we know our economy is weak. Well be dealing with that as we deal with a markets. The dow ending the day lower, down about 25 points. Lower for the week as well, but a huge pop in gold. Turn around in oil, that is what phil flynn is looking at. He is a fox business contributor. Meanwhile lori rothman on the floor of the nyse. Lori despite a turnaround for o
Welcome. You are watching the polls live from Bloomberg European Head Quarters in london. I am guy johnson. We have a great lineup and we will be speaking exclusively to the finance minister. And the outlook and personalities behind the parties for the most famous spin doctor tony blair, a former campaign manager. The head of hsbc will be questioned over the tax evasion scandal. The lastminute decision by the treasury select came off of the emergence that he had held a Swiss Bank Account by a panamanian company. That starts at 2 15 london time and they will answer questions about tax avoidance and if the institution is too big to manage. Lets go to anna edwards on what we can expect from the treasury committee. Have we mentioned it is an Election Year . The most senior bankers are going in front of the u. K. Treasury select committee and politicians get a chance to grill the executives about what the bank was doing and how they change things since then. The bank says they are sorry for