WEBVTT - Bloomberg Daybreak: November 16, 2022 - Hour 2 (Radio) 0:00:01.880 --> 0:00:05.160 From the Bloomberg Interactive Broker Studios. This is Bloomberg Day 0:00:05.240 --> 0:00:08.920 Right for Wednesday, November six two. Coming up this hour. 0:00:09.240 --> 0:00:12.559 Panic eases as doubts surface over whether Russia fired a 0:00:12.680 --> 0:00:15.960 rocket into Poland Donald Trump makes it official, announcing your 0:00:16.040 --> 0:00:19.319 run for president again. Wall Street holds tight for fresh 0:00:19.400 --> 0:00:22.720 data on retail sales and inflation in the UK hits 0:00:22.720 --> 0:00:25.439 a fresh forty one year high. It's going to cost 0:00:25.520 --> 0:00:28.200 more for word cab ride in New York, plus and 0:00:28.400 --> 0:00:31.240 lift off for part of this one. NASA begins its 0:00:31.280 --> 0:00:34.680 quest to return to the Moon. I'm Michael Blar More ahead, 0:00:34.720 --> 0:00:37.080 I'm John Stashow Sports, a road wind for the days, 0:00:37.080 --> 0:00:39.440 a road loss for the Net's the devil stay hot, 0:00:39.479 --> 0:00:44.640 and a free agent is staying with the Yankees. That's 0:00:44.680 --> 0:00:48.040 all straining ahead on Bloomberg day Break on Bloomberg. He 0:00:48.120 --> 0:00:51.880 liveing free on New York, Bloomberg one, Washington, d C, 0:00:52.360 --> 0:00:55.920 Bloomberg one oh six one, Boston, Bloomberg nine sixties and 0:00:56.040 --> 0:01:00.080 Francisco Sirius XM one nineteen and around the world the 0:01:00.320 --> 0:01:03.600 Bloomberg Radio dot Com and via the Bloomberg Business app. 0:01:07.520 --> 0:01:10.600 And good Morning, I'm Karen Moscow I'm Nathan Haygar. Bloomberg 0:01:10.640 --> 0:01:12.480 day Break is brought to you by b and Why Melons. 0:01:12.480 --> 0:01:15.280 Pershing learned why the world's most sophisticated wealth management and 0:01:15.400 --> 0:01:18.960 institutional firms rely on Pershing to help them improve profitability, 0:01:19.000 --> 0:01:22.080 create efficiency, attract talent, and manage rates. Got Pershing dot 0:01:22.080 --> 0:01:26.319 Com us nock index futures are on the rise this morning. 0:01:26.319 --> 0:01:28.200 It is six oh one on Wall Street. We check 0:01:28.240 --> 0:01:31.320 the markets every fifteen minutes throughout the trading day. On Bloomberg, 0:01:31.720 --> 0:01:34.400 SNP Future is up seven points down, Future is up 0:01:34.400 --> 0:01:38.280 sixty seven NASDAG futures up nine Tenure Treasury down four 0:01:38.319 --> 0:01:41.400 thirty seconds. He'll three point seven eight percent yield on 0:01:41.480 --> 0:01:44.360 a two year four point three five percent and nine back. 0:01:44.400 --> 0:01:46.600 Screwed oil is up a quarter percent, or twenty three 0:01:46.600 --> 0:01:49.840 cents at eighty seven dollars fourteen cents of barrel. Nathan, Karen, 0:01:49.840 --> 0:01:51.480 we want to get you the latest on the rockets 0:01:51.480 --> 0:01:54.120 strike now that killed two people in Poland, just over 0:01:54.160 --> 0:01:57.720 the border from Ukraine. Some leaders initially suggested Russia was 0:01:57.760 --> 0:02:01.520 behind the attack, but President Biden is jinks there is 0:02:01.680 --> 0:02:04.960 former information that contests that I don't want to say 0:02:05.000 --> 0:02:09.560 that until we completely investigate. But unlikely in the minds 0:02:09.600 --> 0:02:12.960 of the three that it was fired from Russian. But well, 0:02:13.000 --> 0:02:16.040 we'll see. President Bin spoke from the G twenty summit 0:02:16.080 --> 0:02:19.200 in Bali, Indonesia. Bloomberg's Rosaland Matheson is there and has 0:02:19.240 --> 0:02:21.960 more on the situation. It seems that there are doubts 0:02:21.960 --> 0:02:25.240 growing that in fact it was even potentially a rocket 0:02:25.280 --> 0:02:28.680 that was fired by Russia from Russia. Um and of 0:02:28.720 --> 0:02:31.040 course there are questions about whether it was in fact 0:02:31.720 --> 0:02:34.560 it's something that might have been deflected by Ukrainian anti 0:02:34.600 --> 0:02:37.880 missile defenses or indeed, if it was from Russia, perhaps 0:02:38.160 --> 0:02:41.240 it was a missfar and unintentional. Either way, the message 0:02:41.320 --> 0:02:44.640 very clearly coming from leaders here, be they from Europe, 0:02:44.680 --> 0:02:48.880 the US, or the Turkish president Urduwuan a short time ago, 0:02:49.120 --> 0:02:51.760 is that they don't think this needs to sort of 0:02:52.320 --> 0:02:56.560 escalate tensions directly with Russia. Bloombergs Rose Matheson reports President 0:02:56.639 --> 0:02:59.799 Biden's pledging his full support for Poland's investigation into the 0:03:00.040 --> 0:03:03.280 could strike. Behind the scenes, sources say Biden's telling allies 0:03:03.320 --> 0:03:07.320 the blast was likely caused by Ukraine's air defense systems. Still, Nathan, 0:03:07.320 --> 0:03:10.000 there's no confirmation on the exact source of the blast. 0:03:10.080 --> 0:03:13.079 NATO ambassadors are meeting in Brussels for emergency talks to 0:03:13.080 --> 0:03:16.640 away their response. Former Defense Secretary Mark Esper is making 0:03:16.639 --> 0:03:20.160 a case for a bolstering Ukraine's air defenses. Think about 0:03:20.160 --> 0:03:22.480 how far this Russian missile would have had to travel 0:03:22.520 --> 0:03:27.160 across Ukraine to pass into the Polish border. There were 0:03:27.240 --> 0:03:30.240 numerous opportunities to shoot this thing down, and so I 0:03:30.280 --> 0:03:33.120 think it's a call to accelerate the provision of air 0:03:33.160 --> 0:03:36.400 defenses to Ukraine as well. Former Defense Secretary Mark Espers 0:03:36.440 --> 0:03:39.560 book at our Washington corresponded Joe Matthew Lady yesterday on 0:03:39.560 --> 0:03:42.560 Bloomberg Sound on Catch the show weekdays at five pm 0:03:42.560 --> 0:03:45.720 Eastern on Bloomberg Radio, and just quickly passing along this 0:03:45.840 --> 0:03:48.920 red headline, Poland says nothing suggests the missile hit was 0:03:49.000 --> 0:03:51.720 an intentional attack. Let's turn to politics back home in 0:03:51.720 --> 0:03:54.040 the US now, because the familiar faces front and center 0:03:54.120 --> 0:03:57.000 this morning. Former President Donald Trump has officially entered the 0:03:58.000 --> 0:04:00.200 race for the White House. Amy Morris has more from 0:04:00.200 --> 0:04:04.160 our Bloomberg rom in Washington. His campaign filed the paperwork 0:04:04.280 --> 0:04:07.520 just minutes before Donald Trump announced his candidacy and a 0:04:07.640 --> 0:04:11.360 third run for the White House. My fellow citizens, America's 0:04:11.400 --> 0:04:16.520 comeback starts right now. Trump made the announcement as many 0:04:16.520 --> 0:04:19.560 Republicans are moving away from him, many in the party 0:04:19.720 --> 0:04:21.960 asking him to wait until after the Senate race is 0:04:22.000 --> 0:04:25.000 settled in Georgia. As many Trump endorsed candidates in the 0:04:25.000 --> 0:04:28.479 mid terms were rejected by voters, Trump claimed America will 0:04:28.520 --> 0:04:32.400 decline unless he's reelected. This will not be my campaign, 0:04:33.040 --> 0:04:36.719 this will be our campaign or wild. Trump may have 0:04:36.760 --> 0:04:39.640 wanted to freeze out other Republicans eyeing a presidential run. 0:04:39.839 --> 0:04:44.919 Republican strategists believe potential challengers are now emboldened. In Washington. 0:04:44.960 --> 0:04:47.560 I'm mayby Moore as Bloomberg daybreak. All right, Amy, thank you. 0:04:47.600 --> 0:04:49.480 Returned to the economy now where we get a key 0:04:49.520 --> 0:04:52.359 reading on retail sales. This morning forecast fall for a 0:04:52.400 --> 0:04:56.160 gain of one person in October. Bloomberg Economics corresponded. Michael 0:04:56.240 --> 0:04:59.359 McKee has more the headline change in retail sales for 0:04:59.440 --> 0:05:03.039 October is likely to be misleading. Gasoline prices were up, 0:05:03.200 --> 0:05:06.800 adding to sales, and many in Florida were replacing hurricane 0:05:06.880 --> 0:05:11.560 damaged cars. It's core retail sales excluding gas cars and 0:05:11.600 --> 0:05:15.440 building materials that will matter and their economists are anticipating 0:05:15.520 --> 0:05:19.200 a slowdown. Gains at department stores, food stores, and general 0:05:19.240 --> 0:05:24.120 merchandise stores will be boosted by inflation rather than increased purchases. 0:05:24.520 --> 0:05:28.520 Red Book Research reported a soft weekly sales index, and 0:05:28.680 --> 0:05:31.600 the New York Fed reports Americans are turning from savings 0:05:31.600 --> 0:05:35.320 to credit cards to keep spending, which is likely unsustainable. 0:05:35.800 --> 0:05:38.839 Michael McKee bloom Brig Daybreak, Thanks Mike. That retail sales 0:05:38.880 --> 0:05:40.839 report will be one of many the FED is watching. 0:05:40.920 --> 0:05:44.000 FED Vice Chair for Supervision Michael Bar cautions the economy 0:05:44.000 --> 0:05:46.040 will surely take a hit as the central bank and 0:05:46.120 --> 0:05:49.880 frontside inflation. Inflation right now is far too high. I 0:05:49.920 --> 0:05:51.960 think that it's the case that we're going to see 0:05:52.000 --> 0:05:55.720 significant softening in the economy. FED Vice Chare for Supervision. 0:05:55.720 --> 0:05:59.080 Michael Bar spoke at the Senate Banking Committee in Washington. Meantime, 0:05:59.120 --> 0:06:02.400 across the Pond, Nathan inflation also a focus. Prices in 0:06:02.440 --> 0:06:04.360 the UK have now hit a forty one year high. 0:06:04.440 --> 0:06:07.200 To get the details from bloomberrys Lizzie burden in London 0:06:07.400 --> 0:06:10.719 has been driven by gas and electricity prices. That is 0:06:10.760 --> 0:06:14.679 the biggest contributor despite the government's support. But it's also 0:06:14.800 --> 0:06:19.160 food that's the second biggest contribution, also housing and household services, 0:06:19.440 --> 0:06:22.320 and our economists at Bloomberg Economics say the Bank of 0:06:22.320 --> 0:06:24.960 England isn't likely to take its foot off the break 0:06:25.000 --> 0:06:28.960 in terms of interest rate rises until services inflation drops 0:06:29.000 --> 0:06:33.000 back towards its long term average. Bloomberg's Lizzie Burden reports 0:06:33.080 --> 0:06:36.040 the UK's consumer prices index for October rose at an 0:06:36.080 --> 0:06:39.240 annual rate at eleven point one percent. In corporate news 0:06:39.240 --> 0:06:41.760 this morning, Karen Elon Musk is in the spotlight again. 0:06:41.800 --> 0:06:44.560 The Washington Post is reporting Musk told Twitter employees they 0:06:44.560 --> 0:06:47.680 either have to commit to a new hardcore Twitter or 0:06:47.720 --> 0:06:50.160 they should leave. Paper says employees have to click a 0:06:50.200 --> 0:06:53.080 link to confirm commitment to the new Twitter by tomorrow. 0:06:53.160 --> 0:06:55.800 If they don't, they'll receive three months of severance pay. 0:06:56.200 --> 0:06:58.159 And now the latest on the collapse of ft X, 0:06:58.279 --> 0:07:00.479 Nathan Bloomberg News has learned at the preties in the 0:07:00.560 --> 0:07:04.239 US and the Bahamas are discussing possibly bringing Sam bankmin 0:07:04.360 --> 0:07:07.480 Free to the US for questioning. Sources say the conversations 0:07:07.480 --> 0:07:10.320 between officials and the two countries have intensified in recent 0:07:10.400 --> 0:07:12.760 days as they probe his role in the implosion of 0:07:12.800 --> 0:07:16.040 cryptocurrency firm f t X. Sure to have your latest 0:07:16.200 --> 0:07:23.960 local headlines and this is Bloomberg. Thanks Karen six o 0:07:24.080 --> 0:07:26.560 seven on Wall Street, forty two degrees in Central Park, 0:07:26.600 --> 0:07:29.160 going to the low fifties today, I gotta crash South 0:07:29.200 --> 0:07:32.320 Bend FDR drive at sixty three Street. Michael bars here 0:07:32.320 --> 0:07:33.920 with what else is going on in New York and 0:07:34.000 --> 0:07:36.520 around the world. Good morning, Michael, Good morning Nathan. A 0:07:36.640 --> 0:07:39.960 taxi ride is going to cost you hail of a 0:07:40.040 --> 0:07:42.880 lot more. New York City cab writers will see a 0:07:42.920 --> 0:07:47.000 twenty three increase in metered fairs. It's the first time 0:07:47.080 --> 0:07:50.480 since twelve following a vote from the city's Taxi and 0:07:50.560 --> 0:07:54.960 Limousine Commission. The t l C also says passengers will 0:07:55.040 --> 0:07:58.360 also face an increase in rush hour and overnight search 0:07:58.400 --> 0:08:02.760 charges and airport flat rates. The increases will also affect 0:08:02.840 --> 0:08:06.600 per mile and permanent rates for Uber and Lift and 0:08:06.640 --> 0:08:10.120 are expected to go into effect before year end. The 0:08:10.160 --> 0:08:14.440 battle for Republican leadership in the next session continues. Bloomberg's 0:08:14.480 --> 0:08:17.920 at Baxter reports Senator Rick Scott has told fellow GOP 0:08:18.080 --> 0:08:21.640 senators he will challenge Senate Minority Leader Mitch McConnell to 0:08:21.840 --> 0:08:24.320 be leader of the party in the Chamber next year, 0:08:24.640 --> 0:08:27.840 and he immediately made the debt limit his keystone issue 0:08:27.880 --> 0:08:31.520 for the moment, saying it can't be done until Democrats 0:08:31.520 --> 0:08:34.679 agree to federal spending cuts. McConnell says he has the 0:08:34.760 --> 0:08:38.520 votes to remain Senate GOP leader. Meanwhile, Kevin McCarthy is 0:08:38.559 --> 0:08:41.160 one preliminary support of the GOP two be House speaker. 0:08:41.480 --> 0:08:43.080 He will need to get a majority of the votes 0:08:43.120 --> 0:08:45.719 in the House to be elected in the new term. 0:08:45.760 --> 0:08:48.880 In San Francisco, I'm at Baxter Bloomberg Gabriad. A judge 0:08:48.880 --> 0:08:51.719 in New York dismissed a lawsuit by Mary Trump, who 0:08:51.720 --> 0:08:55.640 alleged her uncle, the former president, and his siblings scheme 0:08:55.760 --> 0:08:58.880 to siphon money from her share of the family business. 0:08:59.360 --> 0:09:02.560 The judge at her claims were barred by releases she 0:09:02.640 --> 0:09:06.200 had previously signed with members of her family. It's the 0:09:06.240 --> 0:09:09.520 second legal victory for former President Trump, and as many 0:09:09.600 --> 0:09:13.080 days after a federal judge dismissed a lawsuit by his 0:09:13.240 --> 0:09:17.160 one time fixer, Michael Cohen. Mary Trump's attorney vow to appeal. 0:09:17.559 --> 0:09:20.880 The US is heading back to the moon NASA launched 0:09:20.920 --> 0:09:25.520 his first Artemis rocket overnight from Cape Canaveral, Florida, and 0:09:25.679 --> 0:09:29.440 lift off of Artimus one, we rise together back to 0:09:29.480 --> 0:09:34.720 the boon and beyond. The unmanned, multibillion dollar rocket mission 0:09:34.720 --> 0:09:37.400 will go around the Moon and back. If successful, it 0:09:37.400 --> 0:09:40.480 will eventually return astronauts to the Moon for the first 0:09:40.480 --> 0:09:44.280 time since Apollo into the nineteen seventy two Global News 0:09:44.280 --> 0:09:47.760 twenty four hours a day on air and on Bloomberg Quicktake, 0:09:48.080 --> 0:09:51.360 powered by more than hundred journalists and analysts and more 0:09:51.360 --> 0:09:54.360 than a hundred twenty countries. I'm Michael Varren. This is 0:09:54.360 --> 0:10:01.600 Bloomberg Nathan. Thank you, Michael six o nine on Wall 0:10:01.600 --> 0:10:03.599 Street time for the Bloomberg Sports Update. Prot if I 0:10:03.679 --> 0:10:06.120 try stayed out of use, John sesshow all right, Anathan 0:10:06.120 --> 0:10:08.000 and Knicks and Nets are both out West. A win 0:10:08.080 --> 0:10:10.800 for the Hicks as they began a challenging five game trip. 0:10:10.840 --> 0:10:14.400 They beat Utah one eighteen one eleven Jalen Brunson twenty 0:10:14.400 --> 0:10:17.120 five points with eight assists, and the Knicks rebound from 0:10:17.160 --> 0:10:20.240 that horrific defensive outing and that lost this past Sunday. 0:10:20.240 --> 0:10:23.520 Speaking of horrific defense, most points the Nets have ever 0:10:23.559 --> 0:10:28.120 allowed Sacramento shot six. The King's won one fifty three 0:10:28.200 --> 0:10:31.520 to one one. Terrence Davis came in averaging six points 0:10:31.520 --> 0:10:34.040 a game. He scored thirty one make it ten straight 0:10:34.040 --> 0:10:36.000 wins for the Devil's, two goals for jack Us and 0:10:36.040 --> 0:10:38.560 a five one win at Montreal. St. John's now three 0:10:38.559 --> 0:10:42.120 and o nine one seventy four at home over Central Connecticut. 0:10:42.120 --> 0:10:45.280 It was a big double header in Indianapolis. Kansas beat 0:10:45.360 --> 0:10:48.920 Duke after Michigan State ups at Kentucky in double overtime. Also, 0:10:49.040 --> 0:10:52.640 Colgate for the second straight year, won at Syracuse. A 0:10:52.760 --> 0:10:55.520 Yankee free agent slug or staying with the team. It's 0:10:55.559 --> 0:10:57.400 not Aaron Judge, we don't know yet about him, but 0:10:57.440 --> 0:11:00.480 Anthony Rizzo, who hit not sixty two but earning two 0:11:00.520 --> 0:11:03.320 home runs. Hasn't do two years. D forty million guaranteed 0:11:03.640 --> 0:11:06.240 the Mets. Buck show Alter named National League Manager of 0:11:06.240 --> 0:11:08.280 the Year and was a close vote. He's now won 0:11:08.360 --> 0:11:12.280 four times to four different teams former Giants grade Eli Man. 0:11:12.280 --> 0:11:15.040 He was on Bloomberg Radio yesterday to discuss his private 0:11:15.080 --> 0:11:18.200 equity group. We also weighed in on the surprising success 0:11:18.240 --> 0:11:21.000 of his former team. Daniel Jones is playing great stake 0:11:21.040 --> 0:11:23.880 Quin's running up. You know, running hard. Defense is playing well. 0:11:24.000 --> 0:11:27.040 So in the most important thing, they're finding ways to 0:11:27.160 --> 0:11:30.520 win close games. And they're find ways to close games out. 0:11:30.559 --> 0:11:32.320 And that's something we have they'll do for a while 0:11:32.400 --> 0:11:34.720 and and what that does It Also this prepares me 0:11:34.800 --> 0:11:36.960 for late in the year. You're gonna have these close games. 0:11:37.000 --> 0:11:39.160 Can you win them? They're they're they're kind of tried 0:11:39.200 --> 0:11:41.559 and tested, and I think it's a been a good run. 0:11:41.600 --> 0:11:44.079 Giants for seven and two of their home Sunday for Detroit, 0:11:44.160 --> 0:11:47.160 John Stashwar, Bloomberg Sports. Yeah, we'll have more on Eli 0:11:47.200 --> 0:11:50.720 Manning's private equity run later this hour on Bloomberg Daybreaks, 0:11:50.760 --> 0:11:53.520 so stick around for that. Sp futures right now are 0:11:53.600 --> 0:11:56.520 little change to the upside death futures up twenty two points, 0:11:56.600 --> 0:12:00.440 Nastack futures have turned a bit lower now down sixteen points. 0:12:00.480 --> 0:12:08.560 You're listening to Bloomberg day Break. Bloomberg Sports is brought 0:12:08.600 --> 0:12:10.680 to you by Audie. Don't let someone else drive off 0:12:10.679 --> 0:12:13.080 in the autie model you've always wanted. Visit your local 0:12:13.120 --> 0:12:15.120 Tri state autie healer to get behind the wheel of 0:12:15.120 --> 0:12:22.480 yours today, or visit autie Offers dot Com for more information, markets, 0:12:22.559 --> 0:12:25.640 headlines and breaking news twenty four hours a day at 0:12:25.679 --> 0:12:29.040 Bloomberg dot Com, the Bloomberg Business Out and at Bloomberg 0:12:29.160 --> 0:12:38.959 Quicktape's a Bloomberg Business Lash. And I'm Karen Moscow and 0:12:39.000 --> 0:12:41.559 we're watching these headlines across the Bloomberg this morning, with 0:12:41.679 --> 0:12:44.520 sources telling Bloomberg no Varnis is wearing sales of non 0:12:44.600 --> 0:12:47.520 core assets as it seeks to raise money to invest 0:12:47.559 --> 0:12:50.880 in cutting edge medicines. A Swiss pharmaceutical giant is said 0:12:50.880 --> 0:12:53.080 to be in the early stages of considering options for 0:12:53.120 --> 0:12:58.080 its ophthalmology and respiratory units. Meanwhile, S ANDP futures this 0:12:58.160 --> 0:13:01.839 morning are now little change giving up their gamestown future 0:13:01.880 --> 0:13:04.680 is little changed as well, and so are NASDAG futures, 0:13:04.720 --> 0:13:08.440 which are now leading lower down about eleven points right now. 0:13:08.480 --> 0:13:11.000 The decks in Germany down about nine tenths of uppercent 0:13:11.360 --> 0:13:13.760 ten year treasury down four thirty seconds, you know, three 0:13:13.760 --> 0:13:15.839 point seven eight percent they yield on the two year 0:13:15.920 --> 0:13:19.120 four point three six percent. Nine Beck scrude oil is 0:13:19.160 --> 0:13:21.040 of a quarter percent, or twenty two cents and eighty 0:13:21.040 --> 0:13:24.320 seven dollars fourteen cents of barrel comics schooled up half percent, 0:13:24.400 --> 0:13:26.840 or nine dollars ten cents at seventeen eighty five ninety 0:13:26.880 --> 0:13:29.959 announce the euro one point oh four to six against 0:13:30.000 --> 0:13:32.680 the dollar, British found one point one one three they 0:13:32.760 --> 0:13:35.720 had one thirty nine point three nine and Bitcoin this 0:13:35.800 --> 0:13:38.679 morning down nine tenths of a percent at sixteen thousand, 0:13:38.760 --> 0:13:41.800 seven hundred dollars. That's a Bloomberg business flash. Now here's 0:13:41.840 --> 0:13:44.280 Michael Barr with more on what's going on around the world. 0:13:44.360 --> 0:13:47.160 Michael Karen, thank you very much. President Joe Biden and 0:13:47.240 --> 0:13:50.680 key European leaders are urging caution after a rockets rock 0:13:50.720 --> 0:13:54.120 a Polish village just over the border from Ukraine, killing 0:13:54.120 --> 0:13:57.040 two people. However, there are doubts whether the Russia was 0:13:57.080 --> 0:14:00.400 to blame. According to officials familiar with the matter, Biden 0:14:00.520 --> 0:14:03.600 told allies in Ballet that the explosion was caused by 0:14:03.800 --> 0:14:07.800 Ukrainian air defenses, but was ultimately sparked by the Russian 0:14:07.840 --> 0:14:10.120 missile barrage on Ukraine. Will have more in this story 0:14:10.120 --> 0:14:13.559 in a few moments. Former President Trump announced last night 0:14:13.640 --> 0:14:17.160 that he is formally launching his bid for the White House. 0:14:17.480 --> 0:14:19.360 The US is heading back to the Moon for the 0:14:19.400 --> 0:14:23.600 first time in five decades, NASA successfully launched the Artemius 0:14:23.760 --> 0:14:26.760 mission overnight from Florida in the NBA. The next one, 0:14:26.800 --> 0:14:29.480 the That's Lost in the NHL. The Devil's won their 0:14:29.560 --> 0:14:32.800 tenth straight The Capital's Lost. Global News twenty four hours 0:14:32.800 --> 0:14:35.760 a day on air end on Bloomberg Quicktake, powered by 0:14:35.760 --> 0:14:38.200 more than twenty seven hundred journalist and analysts more than 0:14:38.240 --> 0:14:41.440 a hundred twenty countries. Michael bar This is Bloomberg, Nathan. 0:14:41.600 --> 0:14:43.840 Thanks Michael. At six nineteen on Wall Street Live from 0:14:43.880 --> 0:14:47.560 the Bloomberg Interactive Brokers studios. This is Bloomberg Daybreak and 0:14:47.600 --> 0:14:50.000 let's get more now on this rocket strike into Poland. 0:14:50.000 --> 0:14:53.080 Bloomberg News White House Editor Alex Wayne is joining us 0:14:53.080 --> 0:14:56.400 now live from Bali, Indonesia, part of our team covering 0:14:56.440 --> 0:14:59.920 the G twenty summit in Bali. Alex, it's great just 0:15:00.000 --> 0:15:02.360 speak with you as always, and it does sound, at 0:15:02.440 --> 0:15:05.920 least on the reporting we're hearing, that consensus is building 0:15:05.960 --> 0:15:11.120 that Russia wasn't at least directly responsible for this strike. 0:15:11.240 --> 0:15:14.240 What's the latest you can tell us, Yeah, but let's 0:15:14.280 --> 0:15:16.280 be clear, this wouldn't have happened for Russia. War in 0:15:16.320 --> 0:15:19.280 the middle of the Ukraine and shooting a war against 0:15:20.280 --> 0:15:25.360 attacking its neighbor, garaging Similian power facilities with missiles. UM, 0:15:25.440 --> 0:15:29.320 this is this is I would say this is directly Russia. 0:15:29.920 --> 0:15:33.360 Mr King help, But that said, UM, what happened here? 0:15:33.400 --> 0:15:37.120 But this this morning, Um, I'm morning considered Indonesia. We 0:15:37.160 --> 0:15:41.400 woke up to find the UM missile landing Poland. Because 0:15:41.720 --> 0:15:44.800 I quite a fuss here at the tent. The president 0:15:44.840 --> 0:15:47.920 President bud help the emergency getting at this hotel where 0:15:47.920 --> 0:15:51.760 he gathered US allies talk about what had happened. They 0:15:51.840 --> 0:15:54.480 plugged work for Poland as it is invest against the incident. 0:15:55.000 --> 0:15:58.640 UM fairly correctly. They determined that uh, it seems that 0:15:59.160 --> 0:16:02.320 the soul was an actual piece of mersion Organs was 0:16:02.440 --> 0:16:07.400 rather Ukrainians. It was probably fired at the Russians muscles. Alright. 0:16:07.440 --> 0:16:10.400 So from what I'm hearing, the apologies for the quality 0:16:10.400 --> 0:16:13.280 of the line they're from Bali, Indonesia. But it sounds 0:16:13.320 --> 0:16:18.360 as though Ukrainian air defenses are at least being seen 0:16:18.440 --> 0:16:22.480 as having some kind of responsibility for this. What kind 0:16:22.520 --> 0:16:26.040 of response could that mean from the US and NATO. 0:16:27.400 --> 0:16:29.880 It's pretty clear that the US NATO are are trying 0:16:29.880 --> 0:16:33.720 to loyal estal invasion here. With the Russians. UM. There's 0:16:33.760 --> 0:16:35.960 been a lot of criticism of Russian upord these missile 0:16:36.000 --> 0:16:42.240 strikes on Ukrainian UH civilian infrastructure around the country, Russia particularly, 0:16:42.520 --> 0:16:45.200 so could the intendency of these attacks bring the G 0:16:45.360 --> 0:16:50.240 twenty UM president insidence seems to be pretty offended by UM. 0:16:50.480 --> 0:16:54.280 So there's you know, there's no there's no hold train 0:16:54.320 --> 0:16:57.320 a couple for this. This was Ukraine trying to defended 0:16:58.240 --> 0:17:02.320 UM so it's we seem a may do with Rush 0:17:03.960 --> 0:17:07.280 any responsibility of comistener, although obviously it would happen unless 0:17:07.280 --> 0:17:14.639 they were right. Bloomberg's Alex Wayne joining us live from Bali, Indonesia, 0:17:14.680 --> 0:17:17.359 our White House editor again part of our team covering 0:17:17.440 --> 0:17:19.920 the G twenty summit in Bali, and again the very 0:17:20.000 --> 0:17:23.600 latest we're hearing from the US President Biden. Now from 0:17:23.600 --> 0:17:27.679 Polish President Andre Dooda, after consultations with allies, saying there 0:17:27.680 --> 0:17:31.120 are no indications that the rocket that hit their territory 0:17:31.200 --> 0:17:35.840 yesterday was an intentional attack by Russia. Dudah is saying 0:17:35.880 --> 0:17:38.760 that most likely, quote this was an unfortunate accident, that 0:17:38.800 --> 0:17:42.480 the missile was probably part of Ukraine's air defenses. But 0:17:42.520 --> 0:17:45.560 we're going to continue monitoring developments as well as what 0:17:45.640 --> 0:17:49.120 NATO's potential response to this could be as the war 0:17:49.160 --> 0:17:52.919 in Ukraine continues. Stay with Bloomberg Radio for the very latest. 0:17:53.240 --> 0:17:55.040 I want to turn it over there to Karen Moscow. 0:17:55.119 --> 0:17:57.040 Let's get a market check, Karen. How are things looking now? 0:17:57.400 --> 0:17:59.400 All right? Nathan? Thank you are We continue to watch 0:17:59.440 --> 0:18:02.399 futures this morning. They have been giving up some of 0:18:02.400 --> 0:18:05.320 their gains. SNP Future is still on the rise, though 0:18:05.400 --> 0:18:08.280 up about five points down Future is now at forty 0:18:08.400 --> 0:18:11.800 six and Nazdag futures little change. The decks in Germany 0:18:11.880 --> 0:18:14.000 is down about eight tens of upper cent. Ten year 0:18:14.040 --> 0:18:17.600 treasury is down four thirty seconds. The three points seven 0:18:17.640 --> 0:18:19.560 eight percent right now, and the yield on the two 0:18:19.640 --> 0:18:22.440 year four point three six percent. Also watching the thirty 0:18:22.480 --> 0:18:25.239 year yield at three point nine seven percent. Nine night. 0:18:25.320 --> 0:18:28.399 Scrude oil is moving higher, up four tens of upper 0:18:28.400 --> 0:18:31.399 cent or thirty seven cents at eighty seven dollars, twenty 0:18:31.480 --> 0:18:34.840 nine cents of barrel and Comax gold up half percent. 0:18:34.880 --> 0:18:38.200 It's of nine dollars at seventeen eighty five eighty announced. 0:18:38.560 --> 0:18:41.959 The euro this morning one point oh four to two 0:18:42.280 --> 0:18:45.000 against the dollar. British pound one point one nine oh 0:18:45.040 --> 0:18:47.560 six and the yen is at one thirty nine point 0:18:47.600 --> 0:18:51.520 four four bitcoin at sixteen thousand, seven hundred dollars. It 0:18:51.640 --> 0:18:54.399 is six twenty three on Wall Street. The following is 0:18:54.440 --> 0:18:58.520 an editorial from Bloomberg Opinion. This editorial was written by 0:18:58.520 --> 0:19:03.080 the Bloomberg Editorial Board. Investors have been celebrating recent inflation data, 0:19:03.359 --> 0:19:06.640 which showed both consumer and producer prices rising by less 0:19:06.640 --> 0:19:09.479 than expected in October, but don't get carried away by 0:19:09.560 --> 0:19:12.320 single month's numbers. It's too soon to be sure that 0:19:12.359 --> 0:19:15.320 the pace of monetary heightening can be safely scaled back. 0:19:15.760 --> 0:19:18.679 New supply side shocks would change everything, and Congress has 0:19:18.720 --> 0:19:21.639 to avoid throwing a wrench into the works. And before 0:19:21.640 --> 0:19:24.720 the Federal Reserve makes its next interest rate decision in December, 0:19:25.000 --> 0:19:27.800 it will have another inflation report and new labor market 0:19:27.880 --> 0:19:31.480 data to consider. For the moment, then investors would be 0:19:31.480 --> 0:19:34.320 wise to reign in their joy. The fight to control 0:19:34.359 --> 0:19:37.680 inflation has a long way to go. This editorial was 0:19:37.680 --> 0:19:41.040 written by the Bloomberg Editorial Board. For more Bloomberg Opinion, 0:19:41.119 --> 0:19:43.720 please go to Bloomberg dot com, Slash Opinion or O 0:19:43.880 --> 0:19:46.520 P I N. Go on the Bloomberg Terminal. These has 0:19:46.600 --> 0:19:50.400 been Bloomberg Opinion and Bloomberg Opinion editorials can be heard 0:19:50.440 --> 0:19:53.399 every weekday terminal customers can read more like O, P, 0:19:53.800 --> 0:19:58.320 I N go and again. Futures are leaning higher but 0:19:58.440 --> 0:20:02.520 have been giving up their gain, and Bloomberg Daybreak continues. 0:20:02.680 --> 0:20:08.840 This is Bloomberg. Bloomberg Daybreak is brought to you by 0:20:08.880 --> 0:20:11.840 ancient accountants and advisers, the right fits taxon accounting firm 0:20:11.880 --> 0:20:14.200 that you need to succeed. Visit them at Ancient dot 0:20:14.240 --> 0:20:16.800 com slash v i P to learn more. That's Ancient 0:20:16.880 --> 0:20:23.520 dot Com slash v i P broadcasting live from the 0:20:23.600 --> 0:20:27.560 Bloomberg Interactive Broker Studio in New York. Bloomberg E Living 0:20:27.600 --> 0:20:31.280 Freedom to Washington, d C, Bloomberg N one to Boston, 0:20:31.400 --> 0:20:34.840 Bloomberg on All six one to San Francisco, Bloomberg nine 0:20:34.880 --> 0:20:38.159 sixteen to the country, Sirius XM chto one nineteen, and 0:20:38.200 --> 0:20:42.560 around the globe the Bloomberg Business and Bloomberg Radio dot com. 0:20:42.560 --> 0:20:51.920 This is Bloomberg Daybreak six thirty on Wall Street. Good morning, 0:20:51.960 --> 0:20:54.800 I'm Nathan Hager and I'm Karen Moscow. We are just 0:20:54.880 --> 0:20:57.359 about three hours away from the open of US trading 0:20:57.400 --> 0:20:58.879 time to the five things that you need to know 0:20:59.000 --> 0:21:02.159 to start your day, bro to you by Interactive Brokers. 0:21:02.800 --> 0:21:06.119 Interactive Broker's Bond market place access their vast selection of 0:21:06.160 --> 0:21:09.560 over one million global fixed income securities with no markups 0:21:09.680 --> 0:21:12.840 or built in spreads and low transparent commissions. Learn more 0:21:12.880 --> 0:21:16.480 at ibkr dot com slash bonds. First, we began the 0:21:16.560 --> 0:21:19.760 rocket strike that killed two people in Poland, just over 0:21:19.800 --> 0:21:22.959 the border from Ukraine. World leaders are trying to determine 0:21:23.000 --> 0:21:26.920 if Russia attacked NATO territory. However, President Biden says that 0:21:27.000 --> 0:21:29.880 the G twenty summit it's unlikely the missile was fired 0:21:29.920 --> 0:21:33.760 from Russia. We're greed to support Poland's investigation into the 0:21:33.840 --> 0:21:38.960 explosion in rural Poland near the Ukrainian border, and I'm 0:21:38.960 --> 0:21:41.720 going to make sure we figure out exactly what happened, 0:21:42.040 --> 0:21:45.119 sources help President by Our sources say that President Biden 0:21:45.200 --> 0:21:47.840 is telling allies the blast was caused by Ukraine air 0:21:47.880 --> 0:21:51.120 defense systems. Yeah, Poland's president saying that now as well cared. 0:21:51.200 --> 0:21:54.320 But last night Ukraine's president, vladimir's Lensky called the strike 0:21:54.359 --> 0:21:59.359 and escalation hitting missiles on NATO territory. This is a 0:21:59.440 --> 0:22:02.520 Russian miss the attack on collective security. This is a 0:22:02.640 --> 0:22:06.119 very significant escalation. Ukraine's Vladimir's Lensky also called for an 0:22:06.160 --> 0:22:09.240 end to the war and an address to G twenty leaders. Well, Nathan, 0:22:09.280 --> 0:22:11.879 there's still no confirmation on the exact source of the blast. 0:22:12.000 --> 0:22:15.040 NATO ambassadors are meeting in Brussels for emergency talks on 0:22:15.040 --> 0:22:19.560 the situation. Former Defense Secretary Mark Esper too is preaching caution. 0:22:20.040 --> 0:22:24.719 My suspicion is that this was an accidental firing caused 0:22:24.720 --> 0:22:27.359 by either poor targeting or a malfunctioned by one of 0:22:27.400 --> 0:22:30.200 the Russian missiles. We need to go to a deliberate process, 0:22:30.359 --> 0:22:33.680 investigated out, and come to the facts. Former Defense Secretary 0:22:33.760 --> 0:22:36.720 Mark Esper spoke to Our Washington corresponded Joe Matthew on 0:22:36.720 --> 0:22:40.080