dorian over the weekend, expected to become a category four. our jonathan leven is on the ground. just 36: it feels like hours ago when this was expected to be a rain event, it has been gaining strength in the atlantic, now expected to come ashore, possibly as a category four with 140 mile-per-hour winds. this will also coincide with what they call here in florida and elsewhere the king tides. it is sort of a seasonal high tide event tied to the lunar cycle, so people are really concerned about the combination of storm surge in the king tied and what it could mean for flooding. the economic damage is really going to depend on where this thing actually comes ashore. you can imagine it is very difficult to plan for this because at this point, the cone of uncertainty still covers the entire state of florida. alix: bloomberg's jonathan levin, please stay safe over the next few hours. we do have some breaking news when it comes to tesla. what we can tell you is that cars will be exempt from china's auto purchase tax. the stock is up on that news. we did see tesla having to raise their prices b

yen. alix: s&p futures holding onto a rally. willg up next, priya misra be joining jonathan ferro. bond yields stay stubborn at 1.7%. this is bloomberg. ♪ from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you pre-order a new samsung note. click, call or visit a store today. jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: the fixation with china's currency easing. u.s. equities finding a firmer footing. the central bank push continues. the philippines becoming the fourth bank this week to cut rates. with 30 minutes until the opening bell, here is your thursday morning price action with futures positive .1%. in the fx market, the

daybreak. -- that does it for "bloomberg daybreak." coming up, "the open" with jonathan ferro. this is bloomberg. ♪ from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. click, call or visit a store today. jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming out, investors on edge, fixated on the next move in the u.s. china trade dispute. central banks out in force, thailand, india, new zealand delivering rate cuts. the complaints from eurozone lenders piling up. 30 minutes until the opening bell, good morning. here's your wednesday morning price action. futures rolling over in the last 60 minutes. -29, do

" talk about oil and tariffs. coming up on "the open" with jonathan ferro, priya misra. it is risk on in the markets, but somewhat did not tell the fx and the bond markets. this is bloomberg. ♪ i'm all about my bed. this mattress is dangerously comfortable. when i get in, i literally say 'ah'. experience deeper rest with the award-winning leesa mattress. this bed hugs my body. i'm now a morning person. the leesa mattress is designed for every body. providing strong support, pressure relief and optimized airflow to keep you cool. hello bed of my dreams. order online, we'll build it, box it and ship it to your door - so you can try the leesa mattress at home. love it, or get a full refund. and rest assured, returns are free and easy. i love my leesa. today is gonna be great. find out why so many people love the leesa mattress, then try it in your own home. order now to get big savings - but only for a limited time. just go to leesa.com today. you need this bed. jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now.

: -- bloomberg daybreak: americas." coming up, the open with jonathan ferro. this is bloomberg. ♪ jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming up, the treasury market weighing on investor sentiment. 30 year yield all-time lows. italian bond yields making fresh records with politicians on a course to avoid recession, and prime minister boris johnson looking to impair parliament's ability to block a hard brexit. good morning. here is your wednesday morning price action. futures negative three on the s&p 500, down .1%. the bond market in the driver's seat. the 30 year yield at an all-time low. the tenure of down four basis points. let's begin with the bait issue -- the 10 year down four basis points. the bond market in the driver seat. >> a huge rally. >> a flight to safety. >> bond bears are dead. >> the growth outlook is challenged. >> the fed is

jonathan ferro. this is bloomberg. ♪ ♪ from the 5am wakers, to the 6am sleepers. everyone uses their phone differently and in different places. that's why xfinity mobile created a wireless network that auto connects you to millions of secure wifi hot spots. and the best lte everywhere else. xfinity mobile is a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. click, call or visit a store today. jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming up, and uncomfortable calm gripping global markets following the biggest losses of 2019. china's central bank stepping in to support the yuan shortly after the treasury labels china a currency manipulator, contributing to the war of words. good morning. here's your tuesday morning price action. futures all over the place, a three percentage point range in today's session alone. , leavingound .9% behind the biggest loss of 2019 so far. in the tr

. that wraps it up for us. coming up on "the open" with jonathan ferro, lori calvasina, on a date that could have been a lot worse. you have equity futures up .6%. unchanged in europe. the dollar still getting a bit. this is bloomberg. ♪ jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming up, president trump says china once a deal. beijing has yet to confirm any talks. heightened uncertainty following four weeks of losses as world leaders wrap up the g7. central bankers leave jackson more.nder pressure to do here is your monday morning price action. futures positive 20 points on .75%.p 500, up the euro weaker. 1.11 $12 is where we change. yields unchanged. one point -- 1.1112 is where we trade. yields unchanged. one top -- one comment at the g7 was all talk to -- a market that had been on its knees. >>

: schumacher, wells fargo head of strategy joining jonathan ferro. and less than 24 hours until jay powell speaks in jackson hole. a rally in the markets and in the rate markets with the exception of italy. this is bloomberg. ♪ jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: the global blonde -- bond market producing more records. germany 30 year debt with negative yield. 30 minutes into the opening bell, good morning. here's your wednesday morning price action. s&p.es up 26 points on the positive .9%. euro-dollar doing a lot of nothing. euro-dollar 1.11 and unchanged. yields up three basis points. back towards 1.60 on the u.s. 10 year. let's begin with the big issue. the world's first 30 year bond offering. >> is a been a different dynamic. >> is

. president macri suffered a primary.loss in the we welcome now bloomberg's jonathan gilbert. it was stunning for us. was it equally as surprising in argentina? is a massive surprise. we were talking about perhaps a percentage difference of 7% to 8% for fernando, we are looking at nearly 16 points difference. david: what do we expect the markets to be a protector for us? jonathan: carnage. we have stocks falling in pre-digits. we expect the peso to go double digits as well. that is really bad news for macri, especially because he will not get any more votes if the government doesn't back him through october. of tvwith us, peter tchir securities.- of td the pollsters were sort of ahead of the polls. these weaknesses and negative surprises seem to be adding up. nejra: how high is the risk of default? peter: it is probably too early to say. i think countries can use that as a tool. we've got to go through a lot more of the elections. spike the headlines today on argentina, it is not the biggest issue facing global markets. david: does this mean we want to explore emerging markets more broadly? p

. right now, it's on sale. order today. go to leesa.com. jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming up, some are trading volume dominating the week so far. investors waiting for chairman powell. the get together at jackson hole beginning with the fomc on course to cut rates again. an improvement in eurozone data failing to shake off the blues. germany facing recession. here is your thursday morning price action. futures up six or seven points on the s&p 500, firmer .2%. euro-dollar treading waller -- treading water. a little bit of a lift in core government bond yields. yields up on treasuries to 1.61%. let's begin with the big issue. the difference between the mark -- the dispute between the market and the fit. >> they labeled the rate cut as a midcycle adjustment. >> a midcy

goldilocks job scenario. this is bloomberg. ♪ jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming up, the payrolls report in line with expectations. signs of weakness abroad hitting hiring. the white house announces more tariffs on chinese imports, providing more fuel for global bond markets, driving 30 year bund yields into negative territory. here is your friday morning price action. the s&p 500, four day losing streak. futures lower .33 percent. in foreign-exchange, the euro stable. euro-dollar does nothing. in the bond market, unchanged after a massive rally in the last 24 hour. your 10 year is 1.89% on a 10 year treasury. let's begin with the big issue. trade policy with soaring wall street. >> the trade tension will escalate. >>

limited time. just go to leesa.com today. you need this bed. jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming up, the fed delivering a rate cut. chair powell delivering a messy news conference, driving the yield curve flatter. investors reconsidering the rate cuts for next year, capping the dollar's biggest monthly gain, leaving the president disappointed. with 30 minutes to the opening bell, good morning. no bounce back this thursday morning. futures unchanged. euro-dollar 1.1030. treasuries coming in another basis point. your yield on the 10 year maturity, 2.01%. we begin with the big issue. chairman piles messy community -- chairman powell's messy communication effort. >> part of the job is giving a clear message. >> he could have had greater clarity. >> jay powell did not communicate

extraordinary. take your business beyond. jonathan: from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming up, global equity markets bouncing back. treasuries dropping. the yield curve steepening. the german government indicating it is willing to spend more, but a recession needs to hit first. waiting for jay powell. investors look towards friday's that gathering in jackson hole wyoming. here is monday morning price action. have we become desensitized to big moves,? in the treasury market, yield softer, up four basis points. the euro a little firmer. euro-dollar around 1.11. let's begin with the big issue. waiting for chair powell to break his silence. >> jackson hole. >> jackson hole. >> jackson hole has been a big turning point. >> what can the fed

in -- exporter from the u.s.. they would probably take the biggest hit. jonathan: thanks so much -- alix: thanks much to bloombergs david welch. sarah is taking a look at some. mis.t ser -- thewe are seeing philadelphia semiconductor index is now down 1%. when you look at some of the individual companies, think micron, think intel. they have popped in volume. if you look at premarket trading volume, amd is the third most traded. micron is notching within the top 15. gets 57% of50% -- its sales from china. whenever these fears come back to the forefront, you see it take a hit. alix: thanks a much to sarah ponczek contact. joining us is brooke sutherland. what has been the reaction? brooke: it has not been good. manufacturing has taken the brunt of the trade war. the tit-for-tat tariffs have focused on industrial goods and now you have this potential expanding consumers. for industrial, we just had the ihsage -- the ia's -- the showing the u.s. is slipping into a contraction. i think about names like 3m. 3m was banking on a rebound. now it definitely seems too optimistic. the other

. simple. easy. awesome. i'll pass. jonathan: from new york city, i'm jonathan ferro. the countdown to the open starts right now. coming up, china allowing the -- requesting state owned enterprises and stock global market risk aversion. driving treasury yields down to new lows for 2019. 30 minutes until the opening bell this morning. here is your brutal monday morning price action. futures down 47 on the s&p. on a five-day day losing streak. down 1.6%. in the fx market yen strength. treasuries with a massive bid. begin with the big issue. china pushing back. doesth china's currency it look to be the next salvo.

, i am lisa abramowicz in for jonathan ferro . "the countdown to the open" starts right now. ♪ up, markets enjoying the return of happy trade talk for a minute. futures climbing following upbeat headlines out of china. encouraging news on the home front. a fifth straight increase in u.s. retail sales revealing a healthy consumer in the face of a trade war. is the confirming that major retailer jumps higher on earnings, consumers out in force. 30 minutes in the opening bell. we are seeing futures higher after a wild overnight session where they were lower on the prospect of china retaliating against the u.s., and then terror tweets said -- tara tweets-- tarrif suggesting otherwise. leaving investors unsure of what is to come. >>

: from new york city for our viewers worldwide, i'm lisa abramowicz in for jonathan ferro. "the countdown to the open" starts right now. ♪ coming up, risk assets retreating as the trait euphoria gets steamrolled by another round of disappointed global economic data. germany is shrinking, china posting the weakest industria output in 17 years sparking fears of a global recession. investors taking refuge in the safest part of the market. the treasury curve in burning for the first time since 2007. 30 minutes until the opening bell. setting up to be ugly day in the u.s. the s&p down 1.3%. the euro getting a pop against the dollar. 10 year yield plummeting. 30 year reaching all-time low. crude off as people expect the slowdowns to deepen. of theta from two world's biggest economy overshadowing the de-escalation in the trade war. >> slowdown in

visit a store today. >> from new york city. i'm jonathan farrow. the open starts right now. coming up equity markets struggling to shake off the anxiety. the president calling for big rate cuts. investors question the effectiveness. another twist in identically's -- italy's political drama. good morning, here is your tuesday morning. futures are negative down around a tenth of 1%. eurodollar unchanged. treasury hold down five basis points. let's begin with the big issue. concerns that federate cuts won't be enough. >> if i was at the fed i would be worried about not spending too much of my ammo. >> i don't think the fed -- >> they haven't got loot of ammunition. >> limited amount of interest rates cuts. >> limited ammunition.

leesa hybrid mattress. right now, it's on sale. order today. go to leesa.com. jon: i've jonathan ferro. the countdown to the open starts right now. ♪ jon: coming up, president trump taking a softer approach. investors doubting the longevity of the shift. former new york fed president bill dudley arguing the fed should not provide offsetting stimulus and the damage it has done in germany. an export slump pushing europe's largest economy to the brink of recession. with 30 minutes until the opening bell, here is your tuesday morning price action. futures are positive .4% on the s&p 500. muted price action for the euro. a 10 year has a bid. treasury down 10 basis points on the u.s. 10 year. let's begin with the big issue a car the president taking a softer approach. >> the vice-chairman of china came out. he wants to see a deal made. he wanted to be made under calm conditions. he used the word calm.

york city for our viewers worldwide, i am lisa abramowicz in for jonathan ferro. "the countdown to the open" starts right now. ♪ up, dark clouds continuing to hang up or risk assets and the turmoil in hong kong and argentina punishing sentiment. with the trade war expanding its bite, singapore and japan posting disappointing results. the argument for further rate cuts taking a hit. the thread before -- between short and long-term treasuries narrowing. 30 minutes until the opening bell. we see futures down .2%. the euro versus the dollar basically unchanged. 10-year gilts unchanged. spread continuing to narrow. economic data and political uncertainty weighing on the move this morning. investors fearing a global recession might be in the cards. >> recession risks are on the rise. >> risec

york city for our viewers worldwide, i'm lisa abramowicz in for jonathan ferro. the countdown to the open starts right now. ♪ lisa: coming up, risk off returning with futures and treasury yields sliding as thursday's optimistic tone meets trade tension. german exports registering their steepest annual decline in three years. u.s. ppi posting its first decline in two years. italy back due to growing market uncertainty. the deputy prime minister calls for a snap election. 30 minutes into the opening bell. it is -- until the opening bell. shaping up to be an unpleasant end to the week. s&p futures down .5%. the dollar weakening versus the euro. 10-year gilts are the lowest since october 2016. at an ten-year yields record low. u.s. core ppi unexpectedly falling in july, posting its first decline in two

store today. lisa: from new york city for euros worldwide, i am lisa abramowicz in for jonathan ferro. "the countdown to the open" starts right now. ♪ up, risk sentiment improving with futures climbing as a tomato is week of trading uncertainty nears its end. ramifications of bond mania continuing to rip through the market with a $1 trillion week for negative feeling debt. trade headlines keeping volatility a lot and well. an escalating tariff war. 30 minutes into the opening bell -- until the opening bell. a big reprieve after a rocky week. as an be futures up or 9%. the euro the weakest against the dollar since 2017. yields picking up a little bit. easing the lows for the week with crude getting a bit. . tough week for investors trading data in real vanilla -- and -- all point