Virgin australia tracks interest from indias largest by just budget carrier. Shery lets get you started with a quick check of how the markets are trading. We are seeing u. S. Futures under pressure, this after the regular session ended mixed. Markets pretty optimistic about reopening some parts of the u. S. Economy, but also a bit more cautious given that we have seen flareups around the world. The s p 500 finished unchanged. Health care led the gains, but financials weighed on the index. The nasdaq composite getting for the sixth consecutive session, outperforming again. The longest winning streak this year. Take a look at what oil is doing. Wti gaining ground, above 24 a barrel. This after it fell and erased earlier gains in the new york session. Tohave saudi arabias plan output, providing a boost but that was not sustained. We have opec given its Monthly Oil Market report on wednesday. Haidi in the u. S. , President Trump has responded to reports china is considering scrapping the p
As more nations and states move toward reopening, we ask what needs to be done to make it safe. We hear from Johns Hopkins university. We hear from Johns Hopkins university. Lets take a look at how we are setting up in these markets. We had mixed messages from wall street overnight as investors try to make their way through the global reopening. Asianlook at how the session is shaping up. The globaler we saw cell overnight, there could be little and the way of conviction for asian markets this morning. Futures fluctuating in the asian session. Off by slightly here. We have kiwi stocks getting grounds by. 2 . K futures in Chicago Holding on to three day ahead of a heavy earnings day in japan that will include names like toyota and honda due out later this afternoon. Today we are washing for the topics potentially push into a bull market with optimism for parts of the economy restarting. We could see wider headwinds weigh on the asia session. Checking in on what is going on with bonds, a
Priorities. Manus welcome to bloomberg daybreak europe. China has fined fords joint venture for antitrust violations. This marks the latest action against a u. S. Company. Tensions escalate. Ours get straight to james, beijing Deputy Bureau chief. Here we are. This is not so much about the size of the monetary fine, but the principle of it. What does it say to you . we seen a number of actions recently veiled threats against u. S. Companies , anfedex is undergoing it investigation for rerouting packages. How links this is. An isolated case, but when it comes after these warnings the Chinese Government has put out, this list of ,ompanies that are unreliable the idea that these are all part of a concerted effort to push back on the u. S. Because of huawei but also more broadly in the trade war. Nejra good to see you. What is the effect going to be on the trade dispute if that is the case and more broadly, chinau. S. Relations . James the big problem now is the result a lot of uncertainty
Revises outlook from stable to negative. We have a lot to get to. I am yousef gamal eldin. Tracy and in tracy alloway. This is Bloomberg Markets middle east. Lets get to our top story. China has presented its 2017 economic goals at the National Peoples congress in beijing. Correspondent Tom Mackenzie isnt tiananmen square. Tom, can you give us the key points in the report . Yes. Tracy, justs 9 a. M. Beijing time, behind me, this morning, and top of the list in the report was the gdp target. That is now being set at about 6. 5 with the possibility of going higher. That compares to arrange set with last year between 6. 5 and 7 . The member at the end of 2016, gdp hit the comfortable 6. 7 mark. Bloomberg intelligence things the number will probably, in slightly lower. They have estimates at 6. 3 . Other key numbers and targets the premier outlined, the consumer buying inflation target 6. 3 . That is picking up the last few months. The deficit in line with last years number and then the mo
Headquarters. We have a great show lined up for you today at 9 30 we bring an interview with the ceo of the worlds secondlargest Catering Company. We bring you the interview live in paris. We are getting some breaking news. We have a german and employment falling by 7000 in august. Even in august, postbrexit, the german economy. S stronger than we thought the italian on appointment is worse than expected. On to the market. Treasuries are set for their biggest loss since june 2015. We had a lot of hawkish rhetoric from fed officials. The dollar reviving. Also that is weighing on metal prices paid oil swinging into the bull market. Chinese shares leading gains an old global equities. European equities gain 0. 3 . You can see unemployment we will have to look at the participation rate. The Unemployment Rate is better than expected. Lets get to bloomberg first word news. U. K. Prime minister marks the end of summer. May and david davis have chosen to not flesh out in public details of the