Sort of waiting for it. We got it today. Very interesting, and a lot of this comes from some of the overnight data we got overseas, like you mentioned from china, and then the u. K. And from germany, and of course now here in the u. S. Markets deteriorate in the last hour or so. David we come back to the same question again and again. Is this a projection of future growth, or or of a position where people need to put their money somewhere and drive down yields as a practical matter . Taylor lets get a quick data check. It is all about bonds today. We talked about futures here after what was a really good day yesterday, deteriorating this morning. Off about 1 or so. Ns is back in positive territory. German tenyear now at a 64 basis points. You wonder what the ecb does next. When we look across asset for the safe haven plays, for me it is all dollaryen. We have again continuing to strengthen. Handle is something that catches my eye. Gina we are joined by martin adams and vince cignarella
And President Trump wants federal agencies to work with social Media Companies to stamp out hate. But first, uber shares continue to fall after sales miss and a 5. 2 billion dollar loss in the second quarter. Much is due to the ipo in may. Cooper is trying to reassure investors, saying losses will come down over the next two years. Why such a dramatic reaction . Eric i think the stock reaction had to do with the revenue mix. If you are going to lose that much money, you have to keep growing. A 5 billion plus net loss is huge. That has to do with the stock tied to the ipo, but uber loses money regularly, although it did beat expectations. Emily are investors generally buying that this is a once in a lifetime of a company fix . Eric that narrative is challenged. I think if they were holy buying that, we would see uber above its ipo price. Analyst remain optimistic about uber. Many have buy ratings for the company, but there is a lot of Short Interest in the stock and there is a lot of sk
Argentina continues to be a story. The currency we getting another 7 . I want to show you the reaction in the yuan after those headlines. We were floating along nicely, and then suddenly this massive drop for the yuan. A strengthening of about five or six big figures on those headlines. Talks are going to be over the phone in two weeks. We also learned that as well. Guy big move in dollaryen as well, 1 . Thats the risk off trade being reversed. German 10 year moving as well. We were 61. 50. We are now at 59. The trade news, the massive catalyst completely changing this trading session. Vonnie back to that news now, china saying it will hold its next round of trade talks with the United States in two weeks. Conversations will take place over the phone. The u. S. Is also delaying tariffs on certain items until december. Joining us from our washington, d. C. Bureau is shawn donnan. Here in our new york studio, we have Damian Sassower our of Bloomberg Intelligence we have Damian Sassower o
Alphabet and amazon report. Nejra welcome to daybreak europe. It has just gone 6 00 in london. Earnings onslaught is a great way to describe it. Roche numbers are coming through. At 30. 4lf sales come in 7 billion. The estimate was 30. 53. First half core operating profit. The red headline, let me get to that. View toits sales growth mid to high single digits. Thats very interesting. Raising its sales growth view to mid to high single digit. Thats the red headline on roche. At 11. 1. Comes in the estimate was 10. 65. Thats a beat on first half core eps. Core operating profit for the first half comes in at 12. 36. The estimate was 12. 16. Theres a beat on some of the numbers. The headline you want to focus on is the fact that its raising its sales growth view to mid to high single digits. There were some pressures whether it wouldve raised guidance a second time this year. To the ceowe speak of roast. Dont miss that interview at 7 30 a. M. London time. Dani burger is standing by with th
Now boeing is the most expensive stock in the dow, when it cascades, close to 10 bucks a share, disproportionately has a weight on the dow. Accounting for half the loss were seeing in the dow about 135 points. Roughly half of that is just boeing. Meanwhile the Justice Department is ramping up a probe into big tech. Here is what is amazing, the nasdaq is in record territory, it is doing that without the likes of amazon, apple or google. You dont see that very often. Were awaiting a new statement from the the new Prime Minister of britain, Boris Johnson, indicating he will go full speed ahead with the plans to break away from the European Union by hook or crook within the next 60 days. Well see what happens on that front. Deal or no deal he wants out. First to the bob mueller hearing, how lawmakers are looking at a situation is not living up to how it was billed. Hillary vaughn with the latest. Hey, hillary. Reporter neil, the house Judiciary Committee, lawmakers sitting on the Committee