and as the u.s. deficit increases so do big bank profits j.p. morgan chase the largest u.s. bank by assets has reported better than expected the third quarter results including a massive sixty percent increase in consumer banking profits of four billion dollars in the three month period bank of america also saw an increase with profits of thirty two percent over the well over last year and also beating expectations are goldman sachs as new c.e.o. david solomon took the helm of the bank on october first citi group which saw loans and deposits climbs also did well and wells fargo bed wells fargo increase shareholder equity year over year as did p. and c. financial it seems the ability for banks to charge more for loans with these increasing interest rates by the fed coupled with the trump corporate tax cuts are facilitating the pronounced profits as they note eat quarter since the great recession the u.s. financial sector is not only made a profit it has made a larger profit than any other sector of the u.s. economy. and some said the market watchers are starting to note that

u.s. national security adviser john bolton is in moscow today for what could be tough talks on arms control that's after washington announced it would withdraw from a nuclear arms agreement with russia u.s. president donald trump accused russia of violating a thirty year old treaty on intermediate range missiles and threatened a fresh arms race with moscow. this is what the drama is about medium range nuclear ballistic missiles that have been on a self-imposed by the u.s. and russia since the end of the one nine hundred eighty s. that may be about to change u.s. authorities believe russia may have developed weapon systems like these in breach of the intermediate range nuclear forces treaty. we're not going to let them violate a nuclear agreement they go out and do weapons and we're not allowed to wear the ones that have stayed in the agreement and we bonded greatly but russia has not fortunately wanted the agreement so we're going to terminate a break but we're going to pull out. the kreml

so what happens to the u.s. currency is extremely important for developing countries especially important in terms of access to the capital markets. you know, as a general rule we believe very much in the importance of independent central banks. so let me just stop there. >> the world bank president just talking about the impact of monetary policy changes on poverty reduction programs something just to flag up for the audience, tomorrow we will be talking to the u.s. treasury secretary, steve mnuchin here in bali we will bring you that interview on tomorrow's programming. i'll wrap it up for the time being and send it back to you guys >> excellent, geoff. look forward to that interview >>> to join us and broaden out the discussion more is david riley from blue bay asset management there's a lot to get through today. >> yes >> i want to start off by talking about yesterday's market action the price action, what happened in the stock markets and ensuing damage across all asset classes. president trump has made a l

the u.s. is one of the top nations when it comes to our offensive cybersecurity. a lot of times it is for the purpose of collecting intelligence. in otherls can be used ways. what we have seen is more aggressive action by countries like iran and north korea in destructive attacks. companies need to be realistic and realize they have to invest money and work with the government to get at this threat. alix: what would be of five will deterrent? m&a willutbound happen less, but what is the deterrent? >> deterrents are limited. we prosecute, bring charges, you sanctions. those have proven to be ineffective tools in the space. we have to fight fire with fire. it mean cyber and all elements of american power. if you want to break things in the united states, we will break things there. the trump administration cyber strategy is more aggressive. we will see if they put that to work. that tilrayyou for insight. coming up, 10-year yields above 3.2% for the first time since 2011. more on this is next. t

the u.s. says it wants to save lives in yemen a point which the french defense minister floors probably underscored earlier on tuesday to increase many there to humanitarian crisis like we've never seen before because of this what's important is that this war ends its time it is time now that this war ends and it's also important and it's the priority for france that the humanitarian situation improves and that aid is allowed through because it's an outrageous situation. the next step could be the hardest convincing both sides in the yemen civil war there is a cost for not making peace rosalyn jordan al-jazeera washington kevin martin is president of peace action a grassroots peace network that he says the u.s. is pressing for action because it comes under pressure over its ties with saudi arabia. i think that trying to straighten it trying to get out had a stampede congress and public opinion and the media have all turned very much against this war they're talking about a ceasefire and i don'

the u.s./china trade war has escalated very, very rapidly. now, while all of this is going on, while we see quotas and tariffs increasing, it is also true that governments are very actively negotiating trade agreements. so japan and the european union have made the case that they still believe that multi-lateral trade agreements are best. and they have actually negotiated some very large, what we call mega trade agreements. we have the comprehensive tpp, and of course, japan, the trade agreement. the trump administration was not very happy with the korea-u.s. trade agreement or the north american free trade agreement, but it actually renegotiated them and we will discuss what has changed or not changed. and there is much more discussion about reform. so there is a lot happening in the world of international politics and we are going to try to address here some of the most important issues and what do we expect going forward. now, having laid out that background, let me then turn to the panelis

u.s. out of an historic treaty banning a wide range of nuclear weapons he says it's because oppression violations moscow close the move a dangerous state. and as a far right groups integrates its fourth anniversary in the german city of dresden twice as many columns of demonstrators say no to xenophobia calling for inclusion and respect. i'm christine one globe welcome to the program saudi arabia's foreign minister has called the killing of dissident journalist jamal khashoggi a huge and grave mistake adel also told us bold cost of fox news that those responsible would be held accountable for it he's have said he died in a fistfight in the country's consulate in istanbul. but paris and london have issued a joint statement demanding that saudi arabia clarify the circumstances of the journey to stay with for the first time german chancellor angela merkel has said that she backs a freeze on sales to the kingdom. first we condemn this act in the strongest terms so there is an urgent need to cl

to the u.s. business as we build its global platform. caroline: up next, more of the weeks top business headlines. facebook tries to dial down the drama as it taps a new ceo. >> this is them trying to establish a smooth transition. ♪ caroline: this is "bloomberg best," i am caroline hyde. let's continue our tour of the week's top business stories with unexpected changes at ge. >> shares are searching at this hour after the company names a new chairman and ceo. he was an acquisition expert, is he now going to have to be a divestment expert? >> it will be interesting to see. we already have a plan in place that is pretty aggressive as far as a breakup at ge. they're looking to spin off health care, to divest the majority of their energy assets. we could see incremental divestitures. we're looking at the plain leather unit. it is primarily an operational story. how do you get these businesses, primarily the power business, performing better so the company can do well again? >> one of the differenc

the u.s. says it wants to save lives in yemen a point which the french defense minister floors probably underscored earlier on tuesday to increase many there to humanitarian crisis like we've never seen before because of this what's important is that this war ends its time it is time now that this war ends and it's also important and it's the priority for france that the humanitarian situation improves and that aid is allowed through because it's an outrageous situation. the next step could be the hardest convincing both sides in the yemen civil war there is a cost for not making peace rosalyn jordan al-jazeera washington the u.s. defense secretary has reiterated the president trump wants answers to jamal khashoggi is not a james mattis also maintained that saudi arabia has promised the u.s. that a full investigation will be conducted into his death like her as well from washington d.c. . the u.s. secretary of defense has just returned from a security meeting in bahrain where among others he h

well the u.s. state department has welcomed the saudi decision to lift a travel ban on the son and his family salah bin jamal khashoggi has left the saudi arabia and some reports say that he and the family have arrived in the u.s. he had been barred from traveling abroad since his father left to live in south imposed exile in washington mike out of joins us live now from washington d.c. so mike a spokesperson for the u.s. secretary of state says he discussed. with saudi leaders when he was in riyadh so do we think that the travel ban was lifted because of pressure from the united states. it would appear to be very much that case we did not know about to my pump aoe bringing up the matter of the with his talks with the saudi leaders clearly there is some form of u.s. pressure here which has resulted in this salad to show he is a dual us. because saudi arabian citizen he had as he said been prevented from leaving saudi arabia that travel ban now lifted. reportedly has arrived in d.c. with his family

the u.s. overnight. how het to comments over doesn't see neutral yet, though we see capitulation in the bond market right now, but that is the move. the gmm, let's see what we are seeing across most indices. the hang seng, down 1.5%. for the -- 400 points lower today, seems like the cospi is falling and singapore, down 1%. it really is this stronger dollar story finally catching up with a pick up in yields we saw. it seems like once those bond a bit of seeing vindication. day -- led losses, but the offshore renminbi, hitting level. off that we are seeing it in the japanese yen, strengthening slightly, but still holding around 114.34. kbit of a sweet spot when it comes to japanese equities. let's look at bond market -- bond markets. 11-basis point jump. you see some of the banks in tokyo. 318 is where we stand right now, and that is falling to her when it comes to australia, back to 274 year 10 year yield. we have seen the rate differential between the u.s. and australia continue to widen. more

u.s. equities markets came off of their highs yesterday as we saw treasury yields push higher. maybe the yields are going higher for good reason. at the same time, it undermines equities, so we see them coming off globally. this is also speaking to the fx trade as well, we see those coming down. we are talking a sovereign debt and the treasury story, let's look at that side of the gmm, and higher yields in the united states above 3.2% on the u.s. 10 year, that is now being adopted in the asian session. we are seeing those yields higher. the bonds are coming down. we are keeping an eye on the commodity story, to what extent will we see higher commodity prices. supply-side about and the demand side later today. and with that commodity story in mind we will talk more about brent crude which has surged to the highest level in almost four years. many emerging markets have felt the pain already. which markets are underpricing the risk? that is today's question of the day. price hita rising oil d

u.s. official also said it will be renamed the united states mexico canada agreement until now canada had raced out of the deal reached in august between the u.s. and mexico to update nafta but last minute talks between ottawa and washington guaranteed that all three members will be in the new version of the trade pact so we've negotiated this new agreement based on the principle of fairness and reciprocity. the most important word intrinsic been treated unfairly by so many nations all over the world and we're changing that. u.s. president donald trump sounded pleased with the pact which rescues north america's three one point two trillion dollar open trade zone since trump's election a quarter century old pact which includes candidate the u.s. and mexico had been brought to the brink of collapse negotiators said worked frantically to cobble together a deal before a midnight deadline imposed by the u.s. the deal involved compromises in pharmaceuticals and agriculture canada agreed to provi

-mexico-canada agreement, where we opened north american markets to u.s. products. the u.s. mca is a great win for american farmers and manufacturers. [applause] china's actions aren't focused solely on influencing our policies and politics. beijing is also taking steps to exploit its economic leverage and the allure of their large marketplace on american businesses. beijing now requires american joint ventures that operate in china to establish what they call party organizations within the company. giving the communist party a voice, and perhaps a veto, in hiring an investment decision. chinese authorities have also threatened u.s. companies that depict taiwan as a geographic entity, or straight from chinese policy on tibet. beijing compelled delta airlines to apologize for not calling taiwan a province of china on its website. it pressured marriott to fire a u.s. employee who merely liked a tweet about tibet. beijing routinely demands hollywood portrayed china in a strictly positive light. it punishes studios and producers that don't. beijing sensors are quick to edit or o

u.s. figure skating, usa swimming and usa bobsled testify before the senate commerce subcommittee consumer protection. >>> our subcommittee will come to order. thank you to my colleagues for joining us. i know we'll have others who will later. i have two apologies to express at the moment. one is that we're a few minutes late in starting and i apologize for that. the second is that my opening statement is longer than usual and but i think it's useful for us to put a bit of a story behind how we got to the point we are today. so i'll begin with my opening statement and we'll recognize the ranking member and we'll turn to our witnesses. >> the subcommittee which exercises jurisdiction over the olympic committee ensures the health and safety of all american athletes and today marks our fourth hearing on our ongoing investigation. in january, this subcommittee launched an investigation to examine cultural and systemic issues regarding abuse in the olympics brought on by horrific revelations th

lines report a overshadowedh again in u.s. oil stockpiles. attending u.s. sanctions on islamic republic were steering buyers away from iranian embargoes. current levels may be a little bit high. levels probably a bit lower than what you see today. aboutesident has spoken 65 to $75 which seems to be an acceptable level for producers and consumers. -- aluminainate market faces turmoil after a refinery shutdown. closing theporarily refinery in brazil because the only area it can use for waste processing is close to capacity. aluminum prices jumped as much as 4% while shares of other aluminum producers also gained. prosecutors will charge the wife of former malaysian prime minister with money laundering. she was detained after testifying in front of the commission. her husband has pleaded not guilty to 25 charges related to facebook ceorea mark zuckerberg is hunting for a chief investment officer -- cheap investment -- chief investment officer to have their philanthropic investment initiative. his wife manages the initiative which holds much of their $63 billio

threaten u.s. ip. could we see this become a global trend and something chinese firms need to deal with when it comes to intellectual property around the world? i think what we are already seeing is the shift around the world. we are seeing the u.s. unambiguously tighten up in terms of the relationships with ip, in termsms of of research and development. that is already occurring. the best way to fix this would u.s. tohina and the come to a sensible agreement about these things, about issues like cybersecurity, about r&d, about the sharing of information. i'd not think, for the world, you know, the world will be well served by the banning of chinese companies, and so, recent decisions in australia, for example, to essentially ban all chinese companies for the rollout of 5g will not be in the australian businesses or consumers. it would be a less competitive market. if you go to issues like huawei, it is the biggest manufacturer in the world, number two in terms of smartphones, surpassing apple. it

u.s. olympic committee in providing guidance and oversight to better protect athletes. our conversation with leaders of these organizations has focused on reform that were part of the recently enacted or texting young victims from sexual abuse and safe sports authorization act, and each of their organizations have implemented these important protections. i am grateful for the leadership demonstrated by commerce uhn andee chairman f senator feinstein. we have provided tools to help protect amateur athletes, and this committee will continue our bipartisan effort to bolster this work. i speak for the entire subcommittee when i say that the brave actions and testimonies of our young athletes have inspired and motivated us. this committee is committed to making positive changes for these and all athletes and the survivors we have been working with over the past several months are truly drivers of this much-needed cultural change. i apologize -- my third apology of the f the afternoon -- of the

u.s. economics editor at the economist. senior fellow at the counsel on foreign relations here in town. -- council on foreign relations here in town. professor at the university in belgium. and a professor at harvard law school in cambridge. let me take a few minutes to set the scene to highlight some of the important trends and issues that the speakers will be discussing in much more detail. we will be take questions from the audience so we can engage with you as well. i don't think it's too much of an exaggeration to say that we live in extraordinary times. we don't know where the world is heading and we don't know where the international trading system is going. due to negotiations paralysis in the world trade organization, the wto, you could say that the rule book on international trade and investment has not been updated for the last almost 25 years. at the same time, there is concern that the actions and policies of the two largest economies in the world could also undermine the mult

u.s. history in columbine when fifteen people were killed and twenty four inches. in other news u.s. sixty statement pompei are heads home after visiting saudi arabia and turkey to find out what happened to the missing journalist and martha should seek the kingdom will get to the bottom of the case eventually. german kindergarten sparks an outcry for promoting itself as a nursery school with quote hardly any mike. thanks for joining us this hour this is r.t. and tonight. a gun and bomb attack on a college in crimea has left nineteen people dead more than seventy others injured it was carried out by a student who later committed suicide russian investigators say the explosion occurred in the college canteen and that the device was packed with metal objects here is the moment of the attack obtained by a video agency ruptly. thank you very much support. for you. to talk with second on us to talk about it right that is still very. much. are. you going to proceed because. you. are. one of the s

. >> major u.s. indices post the worst two day declines in eight months as volumes almost triple the average level. >>> uk chancellor tells cnbc he is optimistic about the outlook for a brexit deal in the near term this is teresa may, the prime minister, appears to be prepping her cabinet for a positive piece of brexit news soon. >> i feel more optimistic today than i did a couple weeks ago. because we have been, frankly, complaining for some time that the other side wasn't really engaging with us, didn't really seem to share our sense of urgency. that has gone away >> and u.s. treasury secretary ste mnuchin today. >>> well, good morning, everybody. happy friday let's talk through the price action that we see in the markets. it was another extremely volatile session yet again for u.s. equities with all of the majors here, dow, s&p 500 and nasdaq and russell, all the indices closed below the 200 day moving average it was not a good session for u.s. equities overnight. however, what we saw in asia is a

the u.s. president apparently now skeptical of saudi a rain na's official explanation about the death of journalist jamal khashoggi. that story ahead. >>> also, president trump says the u.s. will scrap the 30-year-old arms control treaty with russia. mr. trump sass moscow has not been respecting the cold war agreement for many years. >>> and later this hour, a desperate situation playing out on the boarder between guatemala and mexico. hundreds of people hoping to make it to the united states. we will take you inside. >>> welcome to our viewers here in the united states and around the world. we're coming to you live from atlanta. i'm natalie adams. >> and i'm george howell from cnn world headquarters. "newsroom" starts right now. >>> at 4:00 a.m. on the u.s. east coast we start with breaking news here in the united states. in south carolina reports of party goers injured when a floor collapsed at an apartment complex. on the map you see here happened just a few hours ago in clemson. again, at

the u.s. president and first lady were joined by the doldrums daughter and son in law who are jewish to see the scene of what's been called the worst on the semitic attack in u.s. history made no comment to the media as he visited the tree of life synagogue where the eleven congregants were killed by a man consumed by both anti semitism and the hatred of immigrants but far away demonstrations were organized both in memory of the slain but also in opposition to the presidential visit polls on monday a local jewish group had written an open letter warning that the president would not be welcome in pittsburgh until he denounced the extremism espoused by the government by tuesday tens of thousands of his part of the problem is not part of the solution he hasn't denounced white nationalism he hasn't treated any group that isn't like him with respect he's mistreated immigrants refugees muslims l.g.b. t.q. community women people with disabilities the list goes on and on people of color it's. they can

u.s. trade representative and our ofassador to the wto as march this year. he spent 11 years as a member of the u.s.-china commission,iew which i was privileged to work with him. the commission has a policy of alternating between the two parties annually, so we spent a lot of time trying to -- as i put it earlier today, trying to keep insanity at bay, and i think we succeeded. certainly, i think it has made him an expert on china, national issuesy, on a lot of the that are right front and center on his portfolio at the wto. including adegrees, law degree from harvard, which i accord great respect, although my ambition in high school was to apply to harvard, be accepted, and turn them down, which i thought was infinitely cool. paid was too cheap to application fee because i knew they would reject me or i would reject them. it is a considerable academic accomplishment. also his second time around for the federal government. he was secretary for policy development research at the department o

u.s. border are a national emergency he says he's putting the u.s. military and border guards on the floor. it's good to have you with us tonight u.s. president donald trump says he is not yet satisfied with what he is hearing from saudi arabia is referring to the saudi account of what happened to journalists. in the consulate in istanbul as riyadh continues to change that story turkish officials are now saying killing was savagely planned turkish president. is expected to lay out his country's evidence tomorrow with a spokesman saying that quote nothing will remain secret hand in hand for the last time. this recently released c.c.t.v. footage shows jamal khashoggi and his fiance at the residence on the morning of october second. and then walking to the saudi consulate in istanbul from which he never emerged. in the weeks since the journalist death turkish media have leaked new details almost daily of how authorities say he was killed and how the suspects tried to cover it up newly reveale

the other was sent to the home of bill and hillary clinton former u.s. president former democratic party presidential candidate in west chester new york now both of those bombs were discovered by normal post office screening procedures we also now know that there has been a explosive device sent to cnn's headquarters in new york city now this is located in columbus circle in the time warner building and a device a suspicious package containing a explosive device was sent to c.n.n. headquarters was directed to john brennan the former cia director it said john brennan care of c.n.n. john brennan actually does not work at c.n.n. he works at m s n b c but regardless the time warner building in manhattan has been evacuated so we're hearing different reports are reports that debbie wasserman schultz former chair of the democratic national committee that her office has been evacuated as well now there were rumors circulating that the white house had faced a similar attack that there had been a similar bomb scare sent to the white house however we now have the s

president says that his u.s. ambassador to the united nations nikki haley in his words has done a quote incredible job and also the president acknowledging that he knew this was imminent that they had discussed as recently as six months ago that the end of the year that nikki haley had expressed that she wanted to take some time off and that she now as we have confirmed here now jazeera will be leaving at the end of this year of twenty eighteen but the ambassador is welcomed back into the trumpet ministration i think this speaks to the relationship between donald trump and nikki haley in fact on top saying he hopes that that she may come back to the administration in a different role the quote from the president is that you can have your pick basically telling nikki haley that anything she wants she can have so certainly this is interesting because you have to look at the timing in all of this is we've been discussing here critical pivotal elections potentially elections scheduled for early november and this coul

plus u.s. treasury secretary sits down with the saudi crown prince after dismissing any talk of sanctions following the murder of a distant journalist as premature. and a british man sues the u.s. army after being exposed to toxic chemicals but working as a contractor at a military base we speak to the whistleblower. when i was just a bunch to school just on medical checks and is that the gist of the winds as well let's just look at. someone else. here watching our to international bringing you here live news updates straight from the russian capital welcome to the program. donald trump has threatened to build up the united states nuclear arsenal until quote people come to their senses he earlier vowed to scrap a nuclear treaty with russia that's been in force for almost three decades. right here to the agreement they should have been done years ago so people come to this that we have more money than anybody else but we'll build it up until they come to this that when they do then we'll all be

u.s. will restrict arms sales to the saudis. it's possible that they can get the administration so far to kind of start to implementing certain restrictions on arms sales to saudi arabia it is however hard to see that this would lead to a very comprehensive ban a real arms embargo some deals may be suspended or delayed plan deals may not take place right now. i to this may not be supplied but i'd be very surprised if this would lead to very significant changes in the arms relation between the u.s. and saudi arabia at least in the short term it is just one two of a whole range of tools which you can apply it's one of the most kind of more straightforward tools which that the one which you would think of first in a situation like this by showing that you're not willing to supply arms and show that you disagree with the way saudi arabia uses force whether they use it against the show is still one question but then again we also look at a broader picture in which i do read he has been involved

>> well, so u.s.-russia relations -- the economic relationship between the eu and russia is far, far more significant than ours with russia, and, of course, they're our neighbors in a way that only alaskans are. and, you know, therefore this -- the broader west relationship with russia is sort of a more palpable thing for a lot of eu countries. so generally speaking, that has been somewhat of a force for moderation in the broader western position in the context of collective decision-making bodies like nato and the eu. if we dial back a couple years, there was a very united us-eu front on russian policy coming from the ukraine crisis, and even going back to the soviet period where there was coordination on sanctions and the eu was taking much more of an economic hit and policy on how to deal with othe ukraine crisis and so on. now because of broader tensions with the u.s.-russia relationship, the sort of the foundations of that unity are to a certain extent eroding and particularly on sanctions where

we are seeing u.s. stocks now rising to record highs, we had some positive data on private payroll and american services industries showing the strength of the u.s. economy. the dow gaining for the fifth consecutive session and the s&p 500 is being led higher by financials. yields are rising, the 10 year yield at the highest level since 2014. and the two-year rising to precrisis levels. some of that economic data is helping the u.s. dollar, that's taking some of the wind out of the sails of the canadian dollar. onto theill holding gains that the canadian dollar has had since the nafta deal was announced. however we are now turning our attention to how competitive our country is. we heard from canada's financial minister talking about the economic outlook. >> i've been talking to canadian businesses and canadians about how we can ensure investments continue. i has certainly heard that some of the decisions the u.s. took in terms of tax changes are influencing investment decisions. we are taking those con

u.s. for allegedly trying to meddle in the upcoming midterm elections through social media. fields are held in crimea for some of the twenty people shot and killed by a student at a technical college survivors recall that tragic day. yesterday separate from. the other one. the bones of. the poly one. by broadcasting live direct from our studios and also this is our international incheon thomas certainly glad to have you with us and we start with breaking news this hour saudi arabia claims that he journalist who went missing two and a half weeks ago in turkey died in a fight inside the consulate in istanbul u.s. president donald trump has just given his reaction to the saudi statement he said that whatever action is taken by washington it will not include scrapping a multibillion dollar arms deal. saudi arabia has been a great ally but what happened is unacceptable we are going to see they. they've arrested just for the people at the table a large number of people having to do with the even

according to the department of energy the u.s. government's nuclear weapons program has generate about fourteen thousand metric tons that is a lot of nucular waste and a d. plus infrastructure to handle it yeah and the one of the biggest problems is that the waste is stored where it's made so you've got about eighty sites in thirty five different states which covers a lot so the amount of waste is expected to go up about one hundred forty. forty thousand metric tons over the next couple of decades obviously if the new nuclear war brave whatever it is goes on that will be more because the more that is produced and the more weapons produced the more waste will have and the like we're talking about earlier today is that we don't have like you're mentioning most nuclear weapons all stored at these sites say it right across the country as opposed to even just one site the containers that we don't. know i mean there's the yucca mountain site and about a but that. hasn't. been made oh no it's going to be. you know but don't worry we have

and u.s. secretary of state mike pump aoe heads home after visiting saudi arabia and turkey to find out what happened to missing journalists are charging. a german kindergarten provokes an outcry for promoting itself as having hardly any migrants. very warm welcome you're watching r.t. international with me and karen now our top story this hour a gun bomb attack at a college in crimea has left nineteen people dead and more than seventy injured it was carried out by a students who later committed suicide here is the moment of the attack obtained by a video agency repartee. thank you very much of an. effort. to talk with that cyclone i should talk about it right that there still were thank. you are. you going to still get. in your. car. one of the students who was at the college during the attack spoke to our. viewers that. it is you know those that have all your. clothes that. the father did during the visit go. through. and most of us these are the i know you are the boys you thought. she coul

u.s. markets 200 day moving average for the s&p is something of a problem. that seems to have become a resistance story now. let us check on u.s. markets as well. we have the indices higher. we get to abigail doolittle for details. >> we have the bulls in control. the nasdaq 100, big gains. the s&p 500 its first update -- up day in seven days. the nasdaq on pace for its best they since march. there is strong buying action after strong selling action. we're looking at the worst week since march. we have confidence returning for investors. guy was mentioning that 200 day moving average. this applies to the nasdaq 100. let us take a look at the long term chart. this is extraordinary. in 2015, 2016, when the nasdaq thated a bear market below 200 day moving average, also on the brexit. this tells you that the buyers all of aligned, taking the nasdaq firebird on yesterday -- nasdaq higher. on yesterday's action, we see this drop, closing below that average, opening above it today. is, whether or

the u.s., access to the canadian market, but fundamentally this is not a hell of a lot different than nafta. alix: as a market participant, you are seeing the rally in mexican peso as well as the canadian loonie. do we learn about risk premium and trade through the trade? >> absolutely part one thing that was most important to this market going back to february and march was trade. trade with china and trade with the north american partners. at least the north american site appears to be resolved even if it is not the mentally different than what we had before. if the overhang is removed you will see the market rally. that's why you are seeing futures up. you're seeing it and the other asset classes as well. that is a big plus going forward. david: breaking news right now at general electric that says larry cold has been named ceo and chairman and they are going to fall short on their free cash flow projections. it has just broken right now and i don't know mr. colts. 90 do i. the stucco stamp

arending u.s. sanctions scaring buyers away from iranian cargo and tightening concerns of the global supply squeeze. >> levels might be a little bit high. we think the markets will be stableg -- which will be for consumers these levels are lower than what we have seen. the president has spoken about the range of $65 to $75, which seems to be an acceptable level for consumers. >> the alumina market faces fresh turmoil after the world's largest refinery shutdown. it is temporarily closing because the only area used for waste processing is close to capacity. the ceo could not give a timeline for restarting. aluminum prices jumped as much as 4% while shares of other aluminum producers and -- also gained. charge the will former prime minister of malaysia of money laundering. he was detained after questioning by the anticorruption investigators. her husband has pleaded not guilty to 25 charges linked to the fund. facebook ceo mark zuckerberg is hunting for a chief investment officer to oversee $10 billio

u.s. ambassador to the u.n. nikki haley is calling it quits after almost eighteen months in the. south africa's finance minister steps down in connection with a corruption probe into the previous president jacob zuma. and a hunger crisis in afghanistan nearly two million children don't have enough to eat with conflict preventing aid from reaching those in need. not turkish security sources have told al-jazeera they have identified three places of interest in stumble relating to the disappearance of the saudi jenna's jamal khashoggi it was last seen a week ago entering the saudi consulate in istanbul turkish investigators believe he was murdered but saudi arabia denies that stephanie decker begins our coverage from istanbul. it's an ominous image. on security camera video entering the saudi considered last tuesday his fiance who accompanied him to the consulate is verified it is the last time he has been seen in public just a few days ago the saudi journalist spoke to b.b.c. radio recently

but for ford investors, it has become a headwind for them to invest in the u.s. market. for u.s. investors, we have not looked favorably on european bonds for quite some time because yields are low. i think it is a bit of a headwind for the u.s. market. funny: -- vonnie: i want to show our viewers a look at treasuries attractive overseas. just as cap he was saying. let's get to the report later today. does china get cold -- as in -- >> the pressure -- the treasury report didn't think it would be a manipulator. we'll think that either. a lot of this has been due to the slowdown. part of which is due to trade tensions. and their desire to reduce the credit exposure they have. he could try to use that but i think it is probably an unproductive way to go at this stage in the game. about looking at the bond market on swaps basis. said you thought it was a temporary phenomenon. are you indicating you think the dollar will come down? at the moment, i have got treasuries yielding 3.1, but when i get to the headspace, the 3.3, bonds at 3.8. you don't believe that will be around for very m

another person who doesn't like it u.s. president donald trump here's what he had to say about the fed on his way to a campaign rally. hard to breath that was. making the state was so tight i think they're going to break. trump's comments come as the international monetary fund and the world bank hold their annual meeting in indonesia so the mood there has been pretty bleak not only have the institutions lowered their forecast for global growth they've also released a report that says the world's financial system is at risk i.m.f. chief christine lagarde even made a veiled reference to transfer remarks by defending central banks it's clearly a. necessary development for those economies that are now showing. much improved growth. inflation that is picking up the falling into the range are reaching the threshold unemployment that of extremely low it's inevitable that. central banks make the decisions that. they clash in ideals between the head of the international monetary fund the us president warnings that the global econom

we have u.s. earnings season approaching, we are in the throes of it but we get the tech earnings season and yesterday, we saw tech stocks outperforming. i am wondering if there is better news ahead in tech profits. mark: i am sure people will be happy if they see better earnings coming out of the tech sector. they will be most concerned about what they say about the future, where they see business going over the next two months, particularly into next year. the effects of the trade war the between the u.s. and china will probably only really show up in the early part of 2019. what investors want to know is how bad is it going to be if we do not see a quick and to the trade war which seems to be the case now. that is the forward guidance that will come into view and some of the guidance we have seen so far has not been that thet, that is why, part of reason why people are concerned. people want to know if it is sustainable and can it last through the trade war. matt: the european futures are down

if u.s. rates are going to press a bit higher, u.s. growth starts will to decelerate a bit next a to decelerate a bit next year. the key question for the em basket is the degree to which the chinese deceleration has been a bit of a surprise this year, which has impacted european growth expectations, stabilizes. will you if that stabilizes, will if that stabilizes, u.s. decelerates a bit but maintains a good level, e.m. probably does pretty well. i without that, i think you got some legitimate questions. jonathan: i know you wanted a word on italy as well. bob: the italian budget processes, the new government has taken a fairly confrontational approach with the european commission annual budget process. our expectation is that it will get a bit noisier before it calms down. jonathan: yeah. bob: the market has moved a lot, but i would expect further volatility in italy over the next couple of weeks, creating a some overall vol in european bond market. will jonathan: final word, victoria? what to look ahead to? victoria: you have to take

context of ahe discussion of u.s. policy where the u.s. is trying to make the case where is only negotiation -- negotiating over the nuclear final. there was a very concerted that the make it clear u.s. was only deliberating -- negotiating a jcpoa. all that context, when presented with a request by the gulf partners to support the response was yes, but in a very limited fashion. i do believe that was the original mistake. a sense that you can support an inoffensive and campaign in a kind of sort of way. the u.s. did not join the coalition, there were eight or nine states that joined. the u.s. did not. the u.s. supported very limited military support. that has been written about. subsequently, from 2015 until today, the obama appointees left the building we were in. caveatas an effort to that support. to condition it. we spent months debating the precision munitions sales. -- deposit on that sale. caveat that support. to condition it. we spentit was contested. it was always thought of as kind of a limited sense of support. the mistake was i

we get u.s. auto sales in the month of september and the fed chair will address business economic up in boston. alix: there are fears over the populace to tying government's budget. added to the uncertainty and they said earlier today that i am more than vince that italy with its own current he would be able to dissolve its problems and later downplayed his remark and told francine lacqua there are no plans. kevin, whenever that becomes an actual conversation that we would rather have our own current the, how do markets have to react to that? >> he is repeating and often said line on the position on the euro currency that isn't really anything new and he has made it clear that it is his personal opinion. that hist understand opinion is far away from being put into reality. >> i appreciate that distinction but it was also on the yield of the head of them saying there could be a greek style crisis. what would that look like for italy? >> it would be pretty bad, as a matter of fact. people are predi

next up, the u.s. takes a more confrontational approach to china as markets drop in tensions over trade rise. we will discuss chances for a new cold war with china's ambassador to the u.s. next. these techs in a lab. this builder in a hardhat... ...the welders and electricians who do all of that. the diner staffed up 'cause they all needed lunch. teachers... doctors... jobs grew a bunch. what started with one job spread all around. because each job in energy creates many more in this town. energy lives here. kevin, meet yourkeviner. kevin kevin kevin kevin kevin kevin kevin kevin kevin trusted advice for life. kevin, how's your mom? life well planned. see what a raymond james financial advisor can do for you. >> chris: president rouhani's policy toward china keeps getting tougher as the world's two biggest economies face off not just over trade, but also military and political issues. earlier, i sat with china's ambassador to the u.s. to discuss the state of relations between our two countries. ambassa

u.s. futures have been positive overnight. european futures have been positive, and we have seen positivity in the asian session. a lot of concern if that was generated domestically within china, but those who wants to jump in on those comments from president trump saying a good deal as possible. 24 hours after bloomberg carried a story suggesting further tariffs could be imposed on china by december if talks fail . -- . ibex. on the set up the imap and show you how the european equity markets shakeup from a equity perspective. energy is in the green, as our industrials. financials look fairly split at this kind of level between the gains and losses. interesting to see energy on the rise because bp was a stock focused on this morning. i've got the mrr function that tells us which of the individual stocks are on the move. interesting to see william hill, 3.4% up. met --icies, new tax measures on the gaming sectors. we have seen william hill trading up 3.4%. 3.3%, bp gaining announcing resul

well the u.s. has accused russia of violating the supremum for years actually under the obama administration as well and nato has also recently come out and accused russia of violating the violating this agreement as well russia on the other hand has always denied it today they've also been denying it what we can say is that russia has certainly been popping its rhetoric in recent months and this year as well when it comes to nuclear weapons when it comes to weapons overall in. the state of the union address in march he had a whole section where he laid out all the new modern weapons that russia was preparing that russia had and its arsenal they showed graphics animations of weapons heating and not generic targets and just last week and as well reiterated reiterated before this rhetoric at a forum you said he talked about the strength the strength of the nuclear arsenal so they're always keen to show that off and they've certainly been talking rhetoric recently all right emily show and moscow thank

u.s. and canada agree on a new deal. the italian finance minister prepares to try to convince his it euro area counterparts on his budgets. musk.c reigns in elon he steps down as chairman and cuffs up a $20 million fine as part of the deal to remain chief executive. twitter drama in the rearview mirror? ♪ francine: good morning everyone and welcome to bloomberg surveillance. i'm francine lacqua in london. these are the stoxx 600, pretty much unchanged. the dollar and canadian loonie on the back of that trade deal, keeping its leeway i lance. the italian tenure up 3.18. we had a lot of movement on not only is telling stocks, but it telling bonds, which draghi euro lower on friday on the back of that 2.4% budget deal. you can see brent crude at 82.79. we did have a call between president trump and king of dollar of saudi arabia desk king of dollar of saudi arabia -- king of della of saudi arabia. that means the share price is down 8.3%. coming up, the chief executive joins us for an exclus

a u.s. senator is demanding an investigation into a string of political assassinations in yemen which were allegedly carried out by u.s. mercenaries on behalf of the united arab emirates elizabeth warren has questioned the legality of the soldiers' activities in the war torn country and wants to know whether officials in washington knew what was going on. i'm also disturbed by the possibility that the u.s. government may have endorsed or tacitly allowed current or former service members to engage in this kind of militarized contract killing abroad this spy be appearing a black ability of the u.s. law to their targeted legal actions the call comes after buzz feed published an article detailing the alleged activities of the spear operations group the new site also released drone first it purportedly showing one of its operations in which its soldiers attempted to kill the leader of an islamist party that the u.a.e. views as a terrorist group the report claims some of the mercenaries are admitt