♪ anna: sree vidya bhaktavatsalam -- good morning from bloomberg's headquarters in the city of london. nejra: these are today's top stories. anna: trade confrontation. donnell said -- donald trump is said to have signed off on 50 billion dollars worth of tariffs. nejra: the fed and ecb striking different tones, how will it play out? opponents.t a delay in quitting the eu is a real possibility, this as theresa may faces another tumultuous week in parliament. ♪ good morning, everybody. this is "bloomberg daybreak: europe." it has just gone 6:00 in london. let's have a look at the risk radar. let's take everyone to where we are on the asian equity session. we are waiting for news, for confirmation from president trump. we understand he has signed off on chinesef tariffs products worth $50 billion. we don't know exactly where those tariffs are going to fall and we are waiting for more news from china. they have told us they are going to retaliate. -- what we are waiting for this morning. mario draghi was dovish at his press conference yesterday. we have stabilized a little bit on

anna:. good morning. i'm anna edwards. these are today's top stories. fears of a full-blown trade war are sending u.s. and european futures lower while markets in china and hong kong are closed. hands thecsu chancellor and ultimatum over her migration policy. can she swing the support from me partners to avoid a government collapsed? as opecextends declines members are set to clash in vienna. iran says it has more support to block the proposal from saudi arabia and russia to increase output. good morning. just on 6:00 here in london this monday morning. welcome to "bloomberg daybreak: europe." we need to start with what is going on in the asian equity session. themes, intensifying rhetoric and policy implementation between the united states and china is starting to have an impact on markets. we are down by 0.7%. part of that is because we've seen money going into the japanese yen. equities ine see the japanese market coming off a little. the chinese and hong kong stock markets are closed today. the msci asia-pacific is weaker. risk aversion increased in the asian session after an

anna: good morning fromondon. i'm anna edwards. matt: this is "bloomberg: daybreak europe." these are today's top stories. the fed chairman strikes and optimistic tone was trying to reinsurer investors over its tightening path. in europe, will the ecb: in-state to qe today? comcast tables and $65 billion offer for 21st entry box entertainment asset. we wait for disney to respond in the fight for rupert murdoch's empire. rolls-royce is set to cut about 4000 jobs as it contends with a price freeze. ♪ anna: good morning, everybody. this is "bloomberg: daybreak europe." it's 6:00 here in london. riga,you are over in decamping with members of the ecb governing council. the questions over the timetable and how much we will learn about it today. matt: yes, absolutely. the interesting thing is that here in latvia, the only central bank governor missing will be the latvian central bank governor because he is involved in a corruption probe right now. but the important question is whether or not mario draghi and company will set an end date for the quantitative easing. clearly they will be

anna: good morning from bloomberg's european headquarters in the city of london. manus: these are the days top stories. asia trading mixed. oil rebounds to $55 a barrel -- $65 a barrel. and we are live in the middle east one year from the qatar blockade. airways ceo's is the campaign is failed. -- has failed. good morning, everybody. this is "bloomberg daybreak: europe." --find manus cranny in xeric in zurich austria. trying to find our footing is the best way to sum up the asian trading day. willing to put concerns around trade to one side. will it last? we saw the s&p touching its highest level since march. the australian dollar, you see at the bottom of the screen, did not move all that much. nymex is a little stronger this morning. the trends over the last couple of weeks have been downward. we look aheado the ec meeting a bit later on this month. s&p futures not giving us a huge amount of direction. talk about just how much president trump will stick to his rhetoric and policies around trade if we see stocks moving lower. at thenot the story moment. the market is incredibly r

>> good morning from london. i'm anna edwards. manus: and i'm manus cranny in dubai. this is "bloomberg daybreak: europe." skepticalers still about trump stance on trade. u.s. futures pulled slightly higher this morning. the international event of the summer, trump and vladimir putin will hold their first bilateral summit over tensions over the u.s. probe in russian meddling in elections. details on where and when later today. eu leaders gather in brussels today. immigration will be at the top of the agenda. can merkel prevent mutiny within her own government? good morning, everybody. , 9:01 in1 in london dubai. we need to talk about the asian session. we are negative in asia, kind of flat, down 2/10 of 1%. larry kudlowts by yesterday suggesting trump is not trying to take a softer stance with china. that led to selling the eight -- late in the u.s. session. eye on this an report, the dollar against the offshore yuan, 6.6188. a lot of decimal points. .hinese stocks in focus $2 trillion lost in the value of chinese stocks. we need to remember all the anxiety around trade. 72.5

>> good morning, i am anna edwards. manus: and i am manus cranny life from dubai. this is "bloomberg daybreak: europe and here are today's top stories. anna: china's market enters a bear market and the yuan has a streak.losing investors await more clarity from the white house as trump takes a less confrontational tone on curbing chinese investment. and iran, oil jumps on reports that the president is .sking allies to increase oil support can a run in saudi arabia -- can saudi arabia help with the shortfall? ♪ anna: good morning, everybody. it is just 6:00 you're in london, this is "bloomberg daybreak: europe." manus cranny is in dubai, and menace the equity session is a bit lackluster. another day of learning about trade tensions, no doubt. perhaps the comments from trump have taken the edge of how negative the people expect the news on friday will be taken with regards to investment into technology in the united dates. oil stocks are getting a boost, and this is really a big focus. the yuan slipping for the first time since september to this rate. there have been questi

anna: good morning from london. i'm anna edwards. manus: and i'm manus cranny. this is "bloomberg: daybreak europe." these are today's top stories. anna: daimler is the first major company to cite rising tension as it cuts its profit outlook. -- vienna, confidence of compromise will be reached. and status upgrade, officially welcoming saudi arabia and argentina into the emerging markets basket. etf'smp on that news -- jump on that news. a good morning, everybody. this is "bloomberg: daybreak europe." it's 6:00 here in london. .anus cranny is in vienna you are tracking down those voices on the oil story, the decision-makers. i ran sounding a different tone this morning. manus: absolutely. on the24 hours here ground, the iranians seem to have moved a little bit forward. there's 2900 rooms, 19 courtyards. there is a lot of chat going on. the iranians will join the committee that discuss the nuances of supply. the king of saudi arabia saying he has spoken to nearly everybody and they all agree it's time for a little bit of change. there seems to be a movement forward, oil prices are l

♪ anna: good morning from bloomberg's european headquarters in this area of london. i am anna edwards. >> and i am manus cranny live from vienna. here is a look at today's top stories. anna: trunk shows no signs of a backing down from his trade war with china. bloomberg that the threads are just a negotiating strategy. >> at a thick we are on a suicide pact. i suspect we will not cause the cut -- i don't think we are on a suicide pact so i suspect we will not cause the economies to collapse. anna: iranians oil minister rejects opec's decision to increase output. leaders of the ecb, the fed and the bank of japan and australia. . don't miss the conversation 2:30 p.m. united kingdom time. ♪ anna: good morning, everybody. this is "bloomberg daybreak: europe." plentyyou are expected of news of the next couple of days. we will see just how much production will see from opec and friends this year. absolutely. if you think about it, anna, the meeting of great minds managed to bring an 80% rally in oil prices. would have gone from harmony to dysfunction, from unity to a fractional. r

anna: good morning from bloomberg's european headquarters. i'm an edwards and these are today's -- i am anna edwards and these are today's top stories. china vows to retaliate as trump considers $200 billion in goods and additional levies. yen,havens including the old and treasuries all climb. >> the world will have great difficulty in responding economically if there is a downturn. anna: we will have more from larry summers, he joins us for an exclusive interview from the ecb forum in just a few minutes time. staying in sentra, the ecb president mario draghi delivers his welcome remarks and i'm a quote a.m. u.k. time. we will bring you that live -- at 9:00 a.m. u.k. time. we will bring you that live. ♪ anna: good morning, everybody. this is "bloomberg daybreak: europe." through what we are seeing in the asian session in response to the intensifying trade rhetoric and threats we are seeing. the u.s. administration threatening further tariffs, 10% possibly on $200 billion worth of goods. they say they will no longer be taken advantage of. china talks of blackmail. suggests the