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Profit increase as iron ore holds up amid the pandemic. Relations go even further. China says attacks on tiktok were bullying and rejection of fair competition. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening flat after the s p 500 and other major indices ended the session mixed. We had a rally in Technology Companies with the nasdaq gaining 1 . Selling off sos the s p 500 was dragged a little lower. Still closing at the highest level since february. The third time in the past week that the index topped above its february closing record durin...

Fall on year and below analyst expectations. They confirmed plans to exit thermal. U. S. China relations sour even further. Jing says the tax lets take a look at how we are shaping up for this asian trading day. U. S. Futures within shouting distance when it comes to the regular session of that february record but then retreating by the close. We are seeing not much happening when it comes to active futures contracts. The nikkei 225 looking weaker going into the open. Chicago futures trading there. The topix in the meantime remains the bestperforming market in august. We will see if it continu...

Paid hundreds of outside contractors to transcribe clips of audio from users of the services. More on that get exclusive story through the day. I want to check in on asset prices that show you what kind of risk on rally we had after donald trump said he would only put tariffs on part of the 300 billion worth of goods from china that he had previously flagged to start in september. We see asian stocks rising after the massive rally in european and u. S. Stocks, gains of 1 and more than 1 across the board in the u. S. You also see another contributor to the risk on sentiment. For the fifth day i...

Tensions and the impact of the restructuring makes this a big results call. The ceo joins us this hour. The performance of its stateside business will be watched as if he does numbers hit we will be joined by the ceo for the details. Welcome to bloomberg daybreak europe. Lets get to the numbers on the bloomberg. The red headline is the group is cutting its profit forecast and considering selling units. That is something we will look at later. To 1. 2 billion euros but it is cutting its studyingrecast and offers to sell some businesses, cutting the profit outlook for the fiscal year. Germanys s...

The pboc sets its daily reference rate past seven dollars for the first time, but risk assets gain is the number is stronger than consensus. Oil bounces from a sevenmonth low as the kingdom calls producers to discuss a response to the slide to the bear market in oil prices. As european earnings season continues, we will speak with the ceo of adidas and the cfo of merck. Matt good morning. Less than a halfhour away from the start of equity trading. Take a look at the 10year yield. Do you believe what the bond market is saying right now . Dropping below 1. 6 in yesterdays session. Is that foreca...