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German defense minister steps down as defense minister ahead of a secret ballot that could cement her as the first female European Commission president. Manus warm welcome to your biggest concern to daybreak europe, and what is your biggest concern, a meltdown or a meltup . This is the msci world index. To bail on stocks. Central banks are giving you a gift, that is their message. More of a risk as equity markets go up, and people dont appreciate that. The question is, do you believe that going into earnings season . The least attractive market for them, the usa, their top calls australia and ...

Aggressive policy, stocks get a boost. Sellers deal. Ab inbev of is selling carlton united for a 11 billion. And an ipo of its remaining asian unit is still in the cards. And a downed drone. Oil snaps several days of losses after President Trump says the u. S. Has downed an iranian drone. Matt, good morning. Matt we are less than 30 minutes away from cash trading across europe and in the u. K. Take a look first at the 10 year yields. A big debate today about whether the fed rate cut, almost a foregone conclusion, will be 25 basis points or 50. As a result, the yield continues to come down. Up ...

The minutes of june 11 . Moved to approve. Is there any Public Comment on the minutes of june 11 . All of those in favor . Opposed . Motion carries. Next item please. [reading items] i do have some speaker cards here. Good afternoon. Thank you. Can we move the overhead please . Thank you advice chair vietor and commissioners. I am executive director, welcome commissioner maxwell and commissioner paulson who is not here. Its an honor for you to be appointed commission and an important responsibility as you well know. The folks that sit on the commission and work for the sfpuc do important publi...

[reading items] is there a motion to approve the minutes of june 11 . Moved to approve. Is there any Public Comment on the minutes of june 11 . All of those in favor . Opposed . Motion carries. Next item please. [reading items] i do have some speaker cards here. Good afternoon. Thank you. Can we move the overhead please . Thank you advice chair vietor and commissioners. I am executive director, welcome commissioner maxwell and commissioner paulson who is not here. Its an honor for you to be appointed commission and an important responsibility as you well know. The folks that sit on the commiss...

Check on markets. Some positivity still feeding through the back of that china data that came in better than expected in terms of the retail sales. S p futures on the front foot, up. 2 . Four days of gains. Closer to above 3000. How much farther does the rally have to go. We look ahead to earnings. The 10year yield is backed up a. 2 curve. Lets get the bloomberg first word news. President donald trump has been accused of racism this after suggesting four female lawmakers to back to their crime invested crime infested places they came from. Of the four women were born in the u. S. And are racia...