to he ge get this righr the consequences could be catastrophic. paul: welcome to the jury tall editorial report. i'm paul gigot. as hurricane dorian affected the southeast coast, the presidential candidates sounded thethe alarm and touted their climate change plans, from a ban on fracking and fossil fuse, to population control, our panel is here with a look at what they're proposing. let's bring in columnist and deputy editor, dan henninger, and dan peters. climate change has been a big issue for democrats for years. what's different this time? >> well, what's changed is the ambition has gone way up and this thinking of political considerations has gone out the window. paul: any? >> what they're talking about is carbon free electricity, totally, 100% by 2030, having the united states be completely carbon free by 2050 or maybe 2045, how are we going to do that? we're going to spend $2 trillion or $5 trillion or $16 trillion in bernie sanders' case, we're going to restructure the economy, get totally off fossil fuels, weatherize every building in the country. paul: when they say

remember... >> it's just money. can't take it with you. paul: welcome to "the journal editorial report." i'm paul gigot. the stage is he set for the third democratic presidential debate with just 10 candidates qualifying for a september showdown. joe biden will finally go head to head with both of his closest challengers, bernie sanders and elizabeth warren. the former vice president putting health care back in the spotlight ahead of the septemben ad this week highlighting his continued support for obamacare and taking a swipe at his more progressive rivals who are pushing for a single payer system like medicare for all. >> the fact of the matter is, health care is personal to me. obamacare is personal to me. when i see the president try to tear it down and others propose to replace it and start over, that's personal to me too. we've got to build on what we did because every american he deserves affordable health care. paul: let's bring in kim strassel, kate o'dell and jason riley. so kate, what do you make of the biden ads? smart politics? >> i think it is smart politics because, look

all right, i'll stick with news. paul: welcome to the journal editorial report. i'm paul gigot. a showdown in techs as this week as 10 of the democratic presidential candidates took to the stage in houston in the first debate pitting joe biden against both of his closest rivals, bernie sanders and elizabeth warren. the issue of health care was front and center thursday night as the candidates squared off over their plans and thousand pay for them -- how to pay for them. >> how are we going to pay for it? i want to hear tonight how that's happening. so far my distinguished friend, the senator on my left, has not indicated how she pays for it and the senator has come forward and said how he's going to pay for it but it gets him halfway there. >> every study done shows medicare for all is the most cost effective approach to providing health care to every man, woman and child in this country. i, who wrote the damn bill, if i may say so, intend to eliminate all out-of-pocket expenses. >> while bernie wrote the bill, i read the bill. and on page eight -- on page eight of the bill it say

we're back if one hour. we hope you can joins us then. paul.>>> my call was perfect. the president yesterday of ukraine said there was no pressure put on him whatsoever, none whatsoever. and he said it loud and clear for the press. what these guys are doing, democrats are doing to this country is a disgrace. and it shouldn't be allowed. paul: welcome to "the journal editorial report." i'm paul giv gig got. president trump lashing out at democrats, as they launch a formal impeachment probe. the allegations were laid out in a whistleblower complaint made public this week, claiming that president trump encouraged the president of ukraine to investigate political rival joe biden in a july 25th phone call. the complaint also says that there was a concerted white house effort to lock down records of that call afterwards. james trustee is a former justice department prosecutor. welcome, good to see you again. >> you too. hey, paul. paul: so we've got the main documents now in public, the transcript, the whistleblower complaint, the office a of legal counsel opinion on how that should have

every occasion. you'll even get free shipping. get started today at customink.com. paul: welcome to "daybreak australia. i'm paul allen and sydney. shery: we are counting down to asia's major market open. -- i'm paul allen in sydney. shery: i'm shery ahn in new york. we are counting down to asia's major market opens. paul: trade talks resume in washington, paving the way for high-level discussions next month. some reports say and interim deal will be struck. the oecd has a new warning about global growth and says rising protectionism is a drag anchor and governments are not doing enough. and more signs of stress. the fed will add liquidity to a vital corner of funding markets for a fourth straight day on friday. later, huawei unveils an android powered smartphone without any google apps on the device. how the u.s. ban is holding back the techtarget. first, we are seeing u.s. futures at the moment unchanged after u.s. stocks ended mixed on this thursday. we have seen stocks gained ground after positive comments on trade coming from the white house economic advisor, larry kudlow, but

paul: good morning. i am paul allen in sydney. we are under one hour away from the market open in australia and japan. shery: i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: how top stories this friday, optimism returns on speculation of a trade truce. the u.s. may offer an interim agreement but president trump still wants an overall deal. mario draghi overcomes powerful critics. france, germany, and the netherlands have led opposition to his plan. more signs of the trade standoff hurting local players. a gloomy forecast for chips. shery: let's get you started with a quick check up on how markets closed in thursday's session in the u.s. above 3000.closing the s&p 500 .5% away from that record high. we had some stimulus coming from the ecb package that boosted the stock market, but we had bloomberg news reporting the trump administration may be considering that limited trade deal towards china that boosted sentiment. so we have the nasdaq closing again at the highest level since july, gaining for a second consecutive session. the only

paul: welcome to daybreak australia. i'm paul allen. shery: i'm shery ahn. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering the next hour. the impeachment inquiry widens. rudy giuliani's order to hand over all communications with ukrainian officials. the reserve bank of australia meets later with most economists predicting the rates will be cut to a new low. years as the0 people's republic and communist party rule. we are live from beijing and hong kong. shery: let's get you quick started on how the markets are trading. u.s. futures gaining one quarter of a percent, this coming off the back of gains we saw on this u.s. session with the s&p 500 gaining .5%. the s&p 500 gaining ground for the third quarter in a row, managing to rebound in the month of september after the losses we saw in august. when it comes to today's session, we saw every sector in the green except for financials and energy. we have 10 year yields paring back some of the earlier gains to train around 1.67%. wti fell below $55 a barrel. tech fueling the gains in t

paul: welcome to "daybreak australia." ophie: we are counting down to asia's major market opens. ♪ paul: here are the top stories we are covering in the next hour. three and out -- boris johnson's ailed bid to trigger snap election. hong kong protesters returned to the streets and vowed to continue their calls for universal suffrage. they said carrie lam's retreat was too little too late. shery: we have coverage throughout daybreak of these developing political stories. sebastian is following the brexit saga in london and what is next for boris johnson's plan to leave the u.k. out of the eu following defeat in parliament. first, let's get you started with a quick check of how markets closed the wednesday session in the u.s. it was all about geopolitics. less risk in hong kong and the u.k.. nasdaq bothand gaining. tech shares rebounded leading gains. they were the biggest losers in yesterday's session. energy sectorhe being a big gainer as crude prices rallied above $56 a barrel. fed speak asof well today. the fed president of new york down in minneapolis as well as many others

? paul: yeah. lemonis: great. no. because if i don't, both farrell's and my money will be gone... forever. my name is marcus lemonis, and i risk my own money to save struggling businesses. we're not going to wake up every morning wondering if we have a job. we're going to wake up every morning wondering how many jobs we have to do. it's not always pretty. everything is going to change. everything. but i do it to save jobs, and i do it to make money. this is "the profit." ♪ last year, i visited farrell's ice cream parlour... hi. ...a once-thriving national chain that closed its doors in the '90s... this place is awesome. ...and was reopened in 2010 by mike fleming and paul kramer. this is really what you guys are known for, giant ice cream sundaes. paul: it is. lemonis: the new owners wasted no time in opening up new locations. when i arrived, there were five -- buena park, brea, riverside, sacramento, and rancho cucamonga. paul: farrell's is part of families. it was part of mine, and it's part of millions. lemonis: but while the restaurants generated more than $17 million a y

make of that. >>> coming up, along with the crops, growing resentments at the farm. >> robert told paul that he was going to get my share of what my dad was going to leave me of the ranch. >> your intention was to fight him. >> oh, yeah. it settles things. >> the investigation continues as explosives experts try to determine what exactly happened to roberto. >> he came across a piece of metal. that piece of metal said to him that there was something more going on. >> the first clue unearthed when ""dateline"" continues. [♪] check your free credit scores at creditkarma. here's to progress. time really is money. so, don't wait to get the internet your business really needs. switch to comcast business today for a special offer on the services you need to make your business boom. like speed to power all your devices, more complete internet reliability. and an advanced voice solution. it's time to make the switch to comcast business and take your business beyond fast. don't miss out on this limited time offer. call 1-800-501-6000 today. don't miss out on this limited time offer. lester hol

this. jeff paul standing by in cocoa beach, florida. but first we go to chief meteorologist rick reichmuth x he's in the weather center. >> reporter: yeah, 220 mile-an-hour winds, that's wind gusts. we've got sustained winds at 185 miles an hour from this storm. and one thing to notice as of the last advisory that happened at 2:00, an intermediate advisory, the pressure was at 911 millibars. that tells us the storm continues to strengthen. we're not seeing it weaken at all. and this interacting here now over the abaco islands, making kind of a direct landfall on marsh harbour. now it's moving back past that, and the back side of the eye wall is there. a little bit of a northwesterly jog, is that maybe that influence where it starts to move a little bit towards the northwest? hard to say, maybe just a bit of a wobble which you see these storms do. we know it's going to pull towards the northwest, and we are forecasting that it will make this jog off towards the northwest and a little more towards the north eventually, big impacts of where that happens. the center of the eye wall i

paul: good morning. i am paul allen in sydney. we are under one hour away from the market open in australia, japan, and south korea. shery: good evening. i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: our top stories this tuesday, president trump blames iran for the aramco attack. forould be weeks or months saudi oil production returns to normal. the president says the u.s. reached a trade deal with japan. the agreement could be signed next week. the brexit drama. boris johnson skipped a news conference as his host says the u.k. is not serious about talks. shery: let's get you started. we are seeing u.s. futures slightly higher by .1%. this after the s&p 500 slumped the most in two weeks. coming after president trump announced an initial trade agreement with japan. when it comes to the safe haven moves we saw in the last session, we had wti crude higher, the biggest gain since february of 2009. those are being reversed with gold futures getting pressure, down .3%. not to mention, wti holding above the $60 per barrel level but still u

paul: good morning. i am paul allen in sydney. we are under one hour away from the market open. shery: good evening from bloomberg's global headquarters in new york. i am kathleen hays. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: our top stories this tuesday, world leaders gather for the u.n. general assembly. tension in the middle east, and climate change, top of the agenda. brazil prepares to defend its handling of the fires in the amazon. we are joined by ricardo selassie. gretasamberg tells -- says the future has been stolen by greed and arrogance. it is the monday trading which has concluded in the u.s. let's get a quick reminder of how stocks ended the session. it was a welcome conclusion to see the stocks pretty much flat after a bit of a slump on friday. you can see the s&p 500. 0.1%, butu call down pretty much flat across the board. .2% gain, six points. let's get things going. this market was a lot about numbers. u.s., the services indexed stayed pretty good. it was in europe where germany's manufacturing purchasing inagers index wen

paul: welcome to daybreak australia. i am paul allen. shery: i'm sherry ahn. sophie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. >> definitively we will let you know but it does look that way. paul: president trump blames iran for the aramco attack. it could be weeks or months before saudi oil production returns to normal. trade talks were set to resume in washington next week. u.s. officials say there is a lot to be done if the two sides are to reach a deal. some of the biggest backers of softbank's vision fund appear to be having second thoughts. we are live in san francisco. shery: let's get you started with a quick check of how wti crude is starting to trade at the moment. we are seeing a little bit of pressure, down 1.7%. still above the $60 a barrel level. this coming up to the biggest gain since february of 2009. 13% jump after those drone attacks on saudi arabia oil facilities. also at a time where we saw a decline last week of 3%. we continue to see this demand picture not

customink.com. paul: welcome to daybreak australia. i'm paul allen. shery: i'm shery ahn. sophie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. did he quit or was he fired? confusion around the departure of u.s. national security advisor john bolton. china removes another obstacle to foreign investors. global funds no longer need official approval. speaksstanley's boss exclusively to bloomberg, warning the fed against cutting rates. >> i've supported the latest fed rate cut and i suspect they will do one or two more. but then it is time for a pause. shery: more from that exclusive interview with james gorman ahead. plus in bloomberg technology global link, ap's incremental tweaks to the iphone lineup. we will ask if that is enough to lure buyers. that's get you a quick check of how the markets closed in the u.s. a bit of a rocky session for markets. gains and losses but throughout the session getting a bit of a boost. the dow up three tents of 1%. the s&p 500 unchanged. media reports talk a

paul: welcome to daybreak australia. i'm paul allen. kathleen: i'm kathleen hays. sophie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ paul: the top stories we are covering in the next hour. president trump facing formal impeachment proceedings with house speaker nancy pelosi saying he has violated his oath of office. the president also moved markets with critical comments about china and iran. investors are weighing another change of tone. no more work for wework boss adam neumann, he is quitting a ceo saying it is in everyone's best interest. kathleen: let's get a quick reminder of how u.s. stocks ended the day. it was all about politics. geopolitics. the dow jones losing a half percent. s&p 500, nearly a full percent. drop pointl, the 10% in consumer confidence in the u.s.. our people worried about the trade war? yes. donald trump increasing the downward pressure on stocks when he gave his speech at the u.n. general assembly and started talking about wanting free trade, reciprocal trade with china. criticizing him for heavy state subsidies an

paul: welcome to daybreak australia. i am paul allen. shery: i am shery ahn in new york. beijing.elina wang in we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering. as investors weigh signs of progress. china that negotiations are constructive. violence returns to hong kong, demonstrators clashing with police for a 16th consecutive weekend. inside aramco, access to the biggest refining hit by drones next -- last weekend. shery: we are seeing u.s. futures gaining .4% after coming from wall street fell on friday. we had trade related news, not being felt well by the markets. we were up throughout the session but then we had reports the chinese delegation would not be visiting u.s. performs which led to a fall in the equity markets. there were concerns over the trade negotiations. we had consumer stocks declining, trade sensitive stocks falling like tech. the nasdaq fell the most in two weeks down .8%. rally throughout the week, yields going towards 170 at the moment but we are seeing u.s. futures gaining ground after media re

beatles historian recently unearthed an audio recording from 50 years ago featuring john lennon, paul mccartney, and george harrison, on the recording band discusses making another album after abby road shattering the long held belief that the bleeltings always planned on an by road being their last album. "the late show" has acquired yet another lost beatles recording. >> to abby road is in the can. paul, did you ever find your shoes? >> no, i've stood there, my toes are tingly tally. >> enough with the feet. anyone got any ideas for the next album? >> well, you know, the octopus is gone, what about another fish song? then what about a baby shark is looking for a mommy shark, deet, deet, deet, deet, deet -- >> what happens when you run out of family members? >> you can go to cousins. first cousin shark, second cousin shark, third cousin once removed shark. the possibilities are infinite. >> could be, lads, could be. we just did abby road. why don't we keep the road thing going and do old town abby road. a man has to take his horse to abby road in the old part of town and he rides his

, caesar, to wreak, angelo, jane, joseph, paul, christopher, cra craig, joseph, yvette, john jack ratio, michael, jean, joseph, joseph john junior, david lawrence angel, mary lynn edwards, laura angela, doreen, lorraine antigua, senate my brother, senate my cousin timothy patrick mcsweeney, we love you senate we miss you senate you'll always be american zeros. my husband brian murphy. brian we all miss you senate think about you every day. i vividly remember your smile which lit up my world your generosity senate kindness to everyone in your orbit, senate your incredible zest for life. i also remember your invention some spirit which is embodied in your two beautiful daughters, jessica senate leila, who are having adventures of their own. you'd be very proud of them. we love you brian. peter paul, frank, patrick, david, michael, lewis, barbara, adam, michael, jack charles aaron, joshua todd erin, richa richard, myra, jesse, carl, michael, michael edward ashen, janice marie, thomas, emmanuel, greg, gerald, jane, lewis, ezra, sandy, arlene, john, jane, robert, andrew, brett, tatiana

paul: welcome to daybreak australia. i'm paul allen. kathleen: i'm kathleen hays. sophie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ here are the top stories we are covering the next hour. world leaders gather for the u.n. general assembly. the call of climate change top of the agenda. teenage activist greta thunberg says it is too late. she says the future has been stolen by greed and arrogance. growing concern about containing short-term rates for balance sheets. we hear exclusively from bill dudley. kathleen: later in bloomberg technology global link, a new report says juul is the target of a criminal investigation. another major setback for the e-cigarette giant. now a quick reminder on how u.s. stocks ended on this monday. you can see nearly mixed. we have to say flat but it was a bit of a recovery after friday's a slump. volume about 28% below average. 0.06%. at any rate, people are watching markets. people are watching the economy and the purchasing managers index is, from the market group. they were pretty good for the u.s. they held i

test. test. test. test. test. william h. bernstein edward frank beyea paul michael beyer paul michael beyer anil tahilram bharvaney bella >> and my mother, not a day that goes by that we don't think about you and miss you. even though they're not fortune enough to have met you, they know of your strength and encourage, your big heart and loving personality. may your memory always be a blessing. >> and my cousin, i wish i got to meet you, love you. gary eugene bird joshua david birnbaum george john bishop kris romeo bishundat jeffrey donald bittner christopher joseph blackwell carrie rosetta blagburn susan leigh blair harry blanding, jr. janice lee blaney craig michael blass rita blau richard middleton blood, jr. michael andrew boccardi john paul bocchi michael l. bocchino susan m. bochino deora frances bodley bruce douglas boehm mary catherine murphy boffa nicholas andrew bogdan darren christopher bohan lawrence francis boisseau vincent m. boland, jr. alan bondarenko andre bonheur, jr. >> and my twin brother, we miss you dearly. hardly a day goes by where we don't laugh at som

good morning. i'm paul allen and sidney. we are under one hour away from the market open in australia and south korea. shery: good evening from bloomberg's world headquarters in new york, i'm shery ahn. welcome to "bloomberg daybreak: asia." paul: here are the top stories we are covering in the next hour. the impeachment inquiry widens. rudy giuliani order to handle -- and over all communications with iranian officials the move is fundamental to the government who is concerned about the economic fallout. i'm tom mackenzie in chatham in square where china is celebrating 70 years of the people's republic and communist party rule. paul: just want to get you to some breaking news out of south korea. we have consumer prices for the month of september. they are coming in weaker than expected. cpi on year declining by 4/10 of 1%. readingfollowing a 0% in august, which up until today, was the lowest reading in history. now we have a new low. a contraction in cpi of 4/10 of 1%. that is the first drop on record. auth korea is not facing deflation according to the finance ministry, whi

paul: welcome to daybreak australia. i am kathleen hays. here in new york. paul: here are the top stories we are covering and the next hours. the on slips as new tariffs kick in. stock futures indicate a mixed start. hong kong started another weekend of violence. argentina and crisis. capital controls trying to become free once again on the edge of default. kathleen: let's look at how u.s. stocks ended on friday on wall street. as a matter of fact, they have opened down nearly a percent. let's just bounded off. not too surprising. much was expected to happen. , they small moves within a 10th of a percent in either direction. a couple big things happened. fell tosumer sentiment its lowest level since 2016. if consumer sentiment slips? markets were expecting to have 110p and they billion on all kinds of import to the u.s. and on top of that, over the weekend, as expected, china's purchasing managers in august.ing again so many things are adding up to what the bloomberg news team says it could be a volatile month for stocks again. for august, it was the first klein since may. argenti

paul: welcome to "daybreak: australia." i'm paul allen in sydney. shery: i'm shery ahn in new york. sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market open. paul: here are the top stories we are covering in the next hour. talking trade. beijing confirms the team will fly to washington next week for the first negotiations since may. the widening array of global threats is keeping haven bowls happening -- happy. kong reels from a violent day of protest. police fire water cannon, tear gas, and rubber bullets as china's national day approaches. shery: let's get you started with how mark -- how markets are trading. u.s. futures higher by .5%. ons coming after the s&p 500 one point on friday fell below the 50 day moving average. bounced back. still ended the session down .5%. we had some traded concerns with a bloomberg report that the u.s. might be considering restricting those portfolio flows into china. trade sensitive sectors were hit. the nasdaq. lost more than 1% we also have oil moving, or seeing its biggest weekly loss since july. now we are s

paul: welcome to "daybreak australia." i'm paul allen in sydney. from: i'm shery ahn bloomberg world headquarters in new york. sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market opens. ♪ paul: here are the top stories we are covering in the next hour -- talking trade. president trump switches tony at again, saying a deal with china could happen sooner than anyone thinks. progress, too, on a deal with japan. a limited agreement is signed after washington withdrew the threat of tariffs and a threat of impeachment still hangs over the president. he releases the ukraine transcript. shery: let's get a check of how markets close. as you mentioned, we saw impeachment drama play out in washington. that weighed on markets a little bit, but there was more optimism for potential trade deals, not only with china, but that limited trade deal with japan also boosting market sentiment. we had the s&p 500 gaining .6%, to stop a three-day decline. banks consumer stocks, leading the gains. also tech stocks, nasdaq gaining 1%. the energy sector was unchanged

paul: welcome to daybreak australia. i am paul allen. shery: i am shery ahnshery:. we are counting down to asia's major market open. ♪ paul: let's get you straight to some breaking news. president trump saying he will allow release from the strategic petroleum reserve if needed. this is in response to the weekend drone attack on the world's biggest processing station in saudi arabia which will be affecting a crude oil supply. president trump announcing a few moments ago he will allow release from the strategic result -- petroleum reserve to stabilize oil prices. shery: look at brent crude prices, surging above $70 a barrel. we are seeing a surge of 19% at the moment. we have seen brent and wti being pressured in the last week as we continue to see this demand going up, really clear given the ongoing trade war, print has fallen -- rent had fallen last week -- really clear given the ongoing trade war. fallen last week. it is up 19% at the moment. look at brent prices. we have seen huge moves when it came to prices of oil, given the ongoing tensions when it comes to the u.s.-china a

paul: welcome to "daybreak: australia." we are counting down to the major market open. ♪ paul: grim trade figures underscore the pressure on china stimulus plan. there is still no floor on a slowing mainland economy. violence returns to the streets of hong kong. protesters call on president trump to support their democracy drive. and boris johnson pushes ahead with his brexit campaign. eu officials say talks in brussels have been farcical in useless. kathleen: let's look at how u.s. stocks ended on friday. mixed across the board. if you put it together, basically the stoxx ended -- st ocks ended up. the s&p 500 gaining nearly 3/10 of 1%. dowdow up 59 points and the -- the nasdaq down. there was the negative news for facebook. it was nevertheless all about , temporaryte jobs jobs. less than 100,000 strong for government jobs. hourly earnings, wages, at 3.2% year-over-year. at the end of the day, jay powell himself, the fed chair in his speech, said he is concerned about global developments and you can see stocks ending on the upside. futures pointing to a gain in u.s. stocks, but how

paul: welcome to "daybreak: australia." i'm paul allen in sydney. >> i'm shery ahn and bloomberg's world headquarters in new york. sofie: i'm sophie kamaruddin in hong kong. we are counting down to asia's market. paul: the top stories we are covering in the next hour. central banks make the headlines. president trump riordan resumes his attacks on the fed. ecb is expected to add more easing. ellis he receives a bid from hong kong exchange. ministers are concerned about national secured questions. the u.k. government says the country is not ready for a no deal brexit. internal documents talk of chaos on trade and financial services. shery: later in bloomberg technology global link, one u.s. social media giant is finding success in china. our exclusive with linked in's ceo ahead. let's get you a check of the markets closed in the u.s. stocks are broadly in positive ground with the s&p 500 finishing above the 3000 level for the first time in six weeks. we had health care and tech stocks leading the gains. interesting to see the nasdaq composite closing at the highest level since july

paul: welcome to daybreak australia. i'm paul allen. kathleen: i'm kathleen hays in new york. sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. the brexit battle continues as mp's demand to see the government no deal preparations. commons may be suspended in the coming hours. ford hits a bump in the road as moody's cuts its rating to junk. growing doubts about the turnaround plan. the end of an era for the house that jack built. the alibaba co-founder steps down from china's top e-commerce company. kathleen: later in bloomberg technology global link, apple is preparing for its biggest event of the year, unveiling his latest iphones. a quick reminder of how stocks ended the day. kind of never really missed. we saw the s&p futures pointing a little bit higher. the s&p 500 was interesting today, closing within 1.6% of its all-time high. that was a move higher. basically flat at the close. the vix index nearly up 2%. the 10 year yield, bonds are a big story today. some

paul: welcome to daybreak australia. i am paul allen in sydney. shery: i'm shery ahn in new york. selina: i'm selina wang in beijing. we are counting down to made -- asia's major market open. ♪ paul: here are the top stories we are covering in the next hour. the u.k. heads for a brexit election as boris johnson loses control of the parliamentary process. the vote denies the prime minister the right to negotiate the split from the european union. he says and hands power back to brussels. to braceg warns china for a long struggle. president trump says a trade deal will be far tougher if he is reelected. shery: a quick check of how markets closed in the u.s. after being back from a long holiday weekend. started firmly in the red. we had brexit concerns and trade tensions as well. the dow and nasdaq lost more than 1%. tech and industrials leading the declines. the s&p 500 showing its first loss in four sessions. we continue to see these concerns, not to mention that u.s. factory numbers that we got during the morning session, we also saw the worst contraction in about three years.

paul: good morning. i am paul allen in sydney. we are under one hour away from the market open. shery: good evening from bloomberg's global headquarters in new york. i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: our top stories this friday -- pres. trump: it's another witchhunt. here we go again. it is a terrible thing our country. paul: president trump decries the ukraine whistleblower, saying his call was wonderful. the white house was already trying to keep the record under wraps. thecycle fitness company -- third worst unicorn debut since the financial crisis. wowork's cash plans go awry. shery: let's get you started with a quick checkup on how markets closed. it was a broglie risk obsession with stocks losing ground, at treasuries advancing, and the dow lost 80 points. the s&p 500 lost .25% which was the fourth decline in the last five sessions. we started lower given the whistleblower complaint in that impeachment inquiry against president trump was released, but then, this was exacerbated after u.s. officials talked about

paul: good morning. i am paul allen in sydney. we are under one hour away from the market open in australia, japan, and south korea. shery: i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: our top stories this thursday -- pres. trump: i want to make a deal. do we want to make a deal? paul: president trump switches tone it yet again, saying a trade deal with china could happen sooner than anyone thinks. progress on a deal with japan. a limited agreement signed after washington withdrew the threat of imminent auto tariffs. the threat of impeachment hangs over the president. he releases the ukraine transcript which you thought had been cleared by the mueller report. be hearing from plenty of big names from the bloomberg global business forum including michael corbat, steve schwarzman, and colombian president. let's get a check of how markets are trading at the moment. we are seeing futures gaining .3% after they had fallen towards that $56 a barrel level. we heard from saudi arabia that they are going to be ahead of schedule. the drone at

paul: good morning. i am paul allen in sydney. selina: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." sydney. we are under one hour away from the market open in australia, south japan, and korea. paul: our top stories this wednesday, did he jump or was he pushed? paul:confusion surrounding the departure of john bolton. by the way, washington's -- is out. is out. china removes another obstacle to foreign investors. it is that time of year again. we have the highlights from apple's new product launch, including a fifth generation of the watch. news out ofing south korea. the august jobless rates coming in at 3.1%. way belowy, estimates. analysts expected it to come in at 4%, which would have been the fourth consecutive month of the unemployment rates coming in at 4%, but surprising the markets, 3.1%, the lowest since 2013. south korea's august adjusted rate at 3.1%, adding 450 2000 more jobs in august versus 452,000 more jobs in august. we have the passage of an extra 452,000budget in early august t could have lent some additional support, but still, the lowest unemp

paul: welcome to "daybreak australia." i'm paul allen in sydney. shery: i'm shery ahn and bloomberg world headquarters in new york. sophie: and i'm sophie kamaruddin in hong kong. we are counting down to asia's major market opens. ♪ paul: here are the top stories we are covering in the next hour says his callrump was wonderful, but the white house is already trying to lock down the record. trying to hit back on u.s. sanctions, beijing demands the lifting of measures on iranian oil saying washington tramples on basic norms, and from mining to the oceans. in a billionaire tells us his waste andt plastic see the future. and the global semiconductor market is not in the clear yet. how global trade tensions are impacting micron's future, but first, let's get you started with a quick check of how markets close on this thursday session. we had stocks down, treasuries advancing. we started lower in the session, given that whistleblower complaint at the center of the impeachment drama in washington was released and that was not helped by the fact that we heard from a u.s. official that pot

paul: welcome to "daybreak australia." are counting down to asia's major market opens. ♪ paul: the top stories we are covering in the next hour -- optimism returns while speculation of a trade deal with the u.s. may offer an interim agreement. overcomes powerful critics and revives ecb stimulus. france and germany let opposition to the plan. and oil falls as opec calls on producers to abide by output shery: shery:. let's start with a check of how markets closed in the u.s. the s&p 500 closing above 3000 again, just one 5% short of its all-time high. it was boosted not only by fresh stimulus coming out of the european central bank but also a bloomberg report that the trump administration is now considering offering a limited trade deal to china. we saw the dow gaining 45 points on the nasdaq closing at a july high, gaining for a second consecutive session. almost every sector on the s&p 500 was on the green except for energy. as paul mentioned earlier, oil fell today. we had the international energy agency warning opec of a daunting surplus of crude. that really not helping the oil

paul: welcome to "daybreak australia." counting down to asia's major market opens. paul: the top stories we are covering in the next hour -- the fed will step in to keep rates from rising above target. treasuries rally ahead of tomorrow's expected cut. businesses now await a decision from the bank of japan. officials think lowering the rate will not provoke backlash. shery: take a look at how markets are trading at the moment. we saw u.s. futures unchanged but the s&p 500 gaining .25% in this session. we had seen u.s. stocks drifting throughout the session. saw gains toward the end of the session. not to mention that energy stocks were the biggest losers at the end of the session. wti coming back under pressure again, down .7%, and below that $60 a barrel level. we had banks also underperforming the broader markets. we saw the 10-year yield pull lower toward 1.8%. this, of course, ahead of the fed rate decision, and the fed rate decision coming out a time when we are seeing some turmoil in money markets. take a look at this chart on the bloomberg showing you how the repo rate sur