WEBVTT - Bloomberg Daybreak: April 4, 2022 - Hour 2 (Radio) 0:00:01.960 --> 0:00:05.160 Five from the Bloomberg Interacted Berger Studios. This is Bloomberg 0:00:05.240 --> 0:00:08.800 day Break for Monday, April four. Coming up this hour, 0:00:09.080 --> 0:00:12.720 Negotiators from Russia and Ukraine prepared to resume peace talks. 0:00:12.800 --> 0:00:15.800 At the same time, Chief accuses Kremlin forces of war 0:00:15.880 --> 0:00:18.880 atrocities on the economic front, and news survey finds the 0:00:18.960 --> 0:00:22.120 US boys for recession next year, and a prominent Wall 0:00:22.160 --> 0:00:25.320 Street strategist says that bear market rally and stocks is over. 0:00:25.520 --> 0:00:28.319 President Biden calls for Congress to act on guns after 0:00:28.360 --> 0:00:32.080 the Sacramento shooting. Plus Broadways Macbeth has been halded after 0:00:32.159 --> 0:00:35.600 Daniel Craig gets COVID. Michael bar more ahead, I've done 0:00:35.600 --> 0:00:38.360 stashdown sports easy win for the next shootout loss for 0:00:38.440 --> 0:00:41.120 the Rangers. South Carolina won the Women's NC double a 0:00:41.240 --> 0:00:45.559 the men Late to Night. That's all straight Ahead on 0:00:45.720 --> 0:00:51.520 Bloomberg day Break on Bloomberg Eliman Trio, New York, Bloomberg one, Washington, 0:00:51.600 --> 0:00:55.480 d C, Bloomberg one, O six one, Boston, Bloomberg nine six, 0:00:55.720 --> 0:00:59.920 San Francisco, Sirius Hexham one nineteen and around the world 0:01:00.000 --> 0:01:03.120 Old on Bloomberg Radio dot Com and via the Bloomberg 0:01:03.160 --> 0:01:10.800 Business at Good morning. I'm Nathan Hagar and I'm Karen Moscow. 0:01:10.880 --> 0:01:14.319 When US stock index futures are starting out the week higher. 0:01:14.520 --> 0:01:16.200 We're coming up to six one on Wall Street, and 0:01:16.319 --> 0:01:18.840 we check the markets every fifteen minutes throughout the trading day. 0:01:19.200 --> 0:01:22.240 On Bloomberg, Guess and Key futures up eight points this morning. 0:01:22.319 --> 0:01:26.920 Down futures are little change, and Nasack futures of fifty three. 0:01:27.000 --> 0:01:29.880 The decks in Germany's up almost two tenths of Upper said. 0:01:29.920 --> 0:01:32.640 The tenure treasury down three thirties seconds, yield two point 0:01:32.640 --> 0:01:35.080 three nine per cent, and they yield on the two 0:01:35.160 --> 0:01:37.959 year two point four or five percent. Nathan, all right, Karen, 0:01:37.959 --> 0:01:39.919 we'll have more on the markets in a minute. First, 0:01:39.959 --> 0:01:43.319 the latest on the war. Negotiators from Russia and Ukraine 0:01:43.400 --> 0:01:47.360 may resume video talks today. Meantime, the US and Ukraine 0:01:47.360 --> 0:01:50.920 are calling on international courts to investigate potential war crimes 0:01:50.920 --> 0:01:54.640 in the cities around Kiev. Bloomberg's Sad Baxter has the details. 0:01:55.160 --> 0:01:57.760 Secretary of State Anthony B. Lincoln says the videos that 0:01:57.880 --> 0:02:00.760 Ukraine released are alarming. We can't become none to this, 0:02:01.440 --> 0:02:04.840 we can't normalize this um. This is the reality of 0:02:04.840 --> 0:02:07.640 what's going on every single day, and through a translator, 0:02:07.680 --> 0:02:11.040 President Vladimir Zolensky says the investigation has to go further 0:02:11.080 --> 0:02:15.959 than just Vladimir putting all the military commanders, everyone who 0:02:16.000 --> 0:02:21.600 gave instructions and orders should be punished. Zelenski says the 0:02:21.600 --> 0:02:25.440 atrocities go way beyond torture. In San Francisco, I'm at 0:02:25.440 --> 0:02:28.320 Baxter Bloomberg Daybreak, All right, and thank you. The European 0:02:28.440 --> 0:02:31.240 Union is also speaking out on the war. Some EU 0:02:31.320 --> 0:02:35.560 governments want to impose more sanctions following allegations of Russian 0:02:35.560 --> 0:02:37.799 war crimes. They got live to London and get the 0:02:37.880 --> 0:02:41.800 latest from Bloomberg's Max Ramsey. Good morning, Max, morning, Karen 0:02:41.840 --> 0:02:44.400 and Nathan. We have this very powerful statement from the 0:02:44.400 --> 0:02:47.200 EU blaming Russia for what they call haunting images of 0:02:47.320 --> 0:02:50.960 large numbers of civilian casualties. The Foreign Affairs Chief Josett 0:02:51.000 --> 0:02:54.040 Burrell says the massacres in Bootch and other Ukrainian towns 0:02:54.280 --> 0:02:57.280 will be inscribed in the list of atrocities committed on 0:02:57.400 --> 0:02:59.959 European soil. So now, the E says it will work 0:03:00.040 --> 0:03:03.280 on further sanctions on Russia. Currently, this looks like strengthening 0:03:03.280 --> 0:03:06.480 existing measures and closing loopholes, but there's some support for 0:03:06.600 --> 0:03:10.399 much stronger action, whether on energy or on visas for Russians. 0:03:10.440 --> 0:03:13.760 Russia does deny killing civilians, says the images are fake. 0:03:13.840 --> 0:03:16.560 Live in London, Max Ramsey bloom Back Daybreak, Right, Max, 0:03:16.600 --> 0:03:18.520 thank you. Let's turn from the war now and focus 0:03:18.560 --> 0:03:21.480 on the economy. A new survey calls for a recession 0:03:21.520 --> 0:03:24.320 in the US as soon as next year. Let's get 0:03:24.360 --> 0:03:27.160 details on that Live from Bloomberg. Grenida Young, Good morning, Grenita, 0:03:27.200 --> 0:03:30.200 Good morning Nathan. Close to half of financial professionals and 0:03:30.280 --> 0:03:34.320 retail investors see a US recession next year. That's according 0:03:34.360 --> 0:03:38.000 to results of our Bloomberg Markets Live weekly survey. Only 0:03:38.080 --> 0:03:43.240 fifteen percent say it could happen this year flag and 0:03:43.360 --> 0:03:47.360 sixteen percent see a US recession waiting until twenty five 0:03:47.520 --> 0:03:50.720 or later. Just over half of the five twenty five 0:03:50.760 --> 0:03:54.280 respondents believe the inversion between two and ten year treasury 0:03:54.360 --> 0:03:58.680 yields is the most likely warning signal among yield curve inversions. 0:03:59.120 --> 0:04:01.840 Live in New York. I'm really need a Young Bloomberg daybreak, 0:04:01.840 --> 0:04:03.640 all right, need to thank you? And how will the 0:04:03.640 --> 0:04:06.320 Fed respond at the current economic climate? We get some 0:04:06.360 --> 0:04:08.920 clues this week with their marks from several officials, and 0:04:08.960 --> 0:04:12.520 here with Mores Bloomberg's Charlie Pellett. Tomorrow, FED Governor Lele 0:04:12.560 --> 0:04:15.760 Brainerd takes part in a virtual discussion on the unequal 0:04:15.800 --> 0:04:20.120 impacts of inflation. It's hosted by the Minneapolis Fed. On Wednesday, 0:04:20.240 --> 0:04:25.560 Philadelphia FEDE President Patrick Harker discusses the economic outlook. On Thursday, St. 0:04:25.600 --> 0:04:28.680 Louis FED President Jim Butullard will discuss the economy and 0:04:28.760 --> 0:04:33.400 molitary policy. Also Thursday, Raphael Bostick of the Atlanta FED 0:04:33.480 --> 0:04:36.560 and Charlie Evans of the Chicago FED will take part 0:04:36.640 --> 0:04:41.000 in an event on economic mobility and inclusive full employment 0:04:41.400 --> 0:04:44.680 in New York. Charlie Pellett Bloomberg Daybreak, All right, Charlie, 0:04:44.720 --> 0:04:46.640 Thanks on Wall Street. Looks like there could be more 0:04:46.680 --> 0:04:50.320 pain ahead for stocks. That's according to one prominent strategist, 0:04:50.320 --> 0:04:52.760 and we get the details on that live from Bloomberg's 0:04:52.800 --> 0:04:55.440 John Tucker. John Nathan. The recent run up and the 0:04:55.560 --> 0:04:57.440 S and P five had it was nothing more than 0:04:57.480 --> 0:05:00.719 a bear market rally that's run its course. That's according 0:05:00.760 --> 0:05:04.240 to Morgan Stanley strategist Mike Wilson. He thinks the index 0:05:04.360 --> 0:05:06.480 is a rough month a hand as it becomes vulnerable 0:05:06.480 --> 0:05:09.560 to slowing economic growth. In a note to clients, Wilson 0:05:09.600 --> 0:05:13.479 says defensive stocks remain the place to be. Morgan Stanley 0:05:13.480 --> 0:05:16.960 strategists are also more constructive on bonds than stocks over 0:05:16.920 --> 0:05:19.400 the New York term. They say the thirty year bond 0:05:19.800 --> 0:05:22.839 offers an excellent hedge against the growth scare they expect 0:05:22.880 --> 0:05:25.760 from FED tightening. Live in New York. I'm John Tucker, 0:05:25.880 --> 0:05:28.520 Bloomberg Daybreak. All right, John, thank you. In pre market 0:05:28.560 --> 0:05:31.039 trading this morning, shares a test lot more than one 0:05:31.120 --> 0:05:33.520 per cent over the weekend. The company said it delivered 0:05:33.560 --> 0:05:36.440 more than three hundred ten thousand cars worldwide in the 0:05:36.480 --> 0:05:40.040 first quarter. That's a record and came in above analysts estimates. 0:05:40.160 --> 0:05:42.880 I meantime, Karen Shares of Starbucks are down one percent 0:05:42.920 --> 0:05:45.760 in early trading. Founder Howard Schultz is making moves as 0:05:45.760 --> 0:05:48.760 he returns to the CEO post. He's also suspending a 0:05:48.839 --> 0:05:51.280 share buyback program, saying that cash could be better spent 0:05:51.360 --> 0:05:54.560 on stores and staff. Sholtz sixty eight years old. He's 0:05:54.560 --> 0:05:57.560 taking over from Kevin Johnson on an interim basis while 0:05:57.560 --> 0:06:00.800 Starbucks searches for a permanent CEO on Ethan Start and 0:06:00.839 --> 0:06:04.680 Asia performed well overnight. That's after China made a conciliatory move. 0:06:04.800 --> 0:06:06.840 That clear move a key hurdle, and it's fine with 0:06:06.880 --> 0:06:10.280 the US over auditing Chinese firms listed in New York. 0:06:10.560 --> 0:06:13.520 We get the recap from Bloomberg's Juliette Sally. In Singapore, 0:06:13.600 --> 0:06:16.200 Good morning, Juliet, Good morning, Karen. The m s CI 0:06:16.240 --> 0:06:19.440 Asia Pacific Index gained after two sessions of losses, boosted 0:06:19.440 --> 0:06:22.240 by internet giants ten Center and Ali Baba. The Hang 0:06:22.320 --> 0:06:24.960 Sang Take Index gained more than four percent intra day 0:06:25.120 --> 0:06:28.440 after China modified a decade long rule that restricted financial 0:06:28.520 --> 0:06:32.839 data sharing by offshore listed firms. Japanese shares were fairly unchanged, 0:06:32.839 --> 0:06:35.479 while stocks jumped in India on a financial sector merger, 0:06:35.839 --> 0:06:39.200 and markets in mainland China and Taiwan were closed for holidays. 0:06:39.240 --> 0:06:42.800 In Singapore, Juliette Sally Bloomberg debreak Okay, Juliet, Thanks. Let's 0:06:42.800 --> 0:06:44.720 turn to politics in the region now with a change 0:06:44.720 --> 0:06:47.280 on the way. In Hong Kong, chief executive Carrie Lamb 0:06:47.320 --> 0:06:50.240 says she will not run for a second term. Bloomberg 0:06:50.279 --> 0:06:54.200 Daybreak Asia anchor Brian Curtis has more. Lamb's announcement ends 0:06:54.200 --> 0:06:57.279 a tumultuous five years that saw Hong Kong become more 0:06:57.360 --> 0:07:00.240 isolated globally. I was due to a cracked on on 0:07:00.279 --> 0:07:05.040 pro democracy protests and rigid COVID nineteen restrictions. Lamb said 0:07:05.040 --> 0:07:07.880 she informed Beijing last year that she would not run 0:07:07.920 --> 0:07:10.960 for a second five year term. On May eight, Brian 0:07:10.960 --> 0:07:14.160 Curtis Bloomberg Daybreak. All right, Brian, thank you. Future is 0:07:14.160 --> 0:07:17.040 moving higher this morning. Straight ahead your latest local headlines 0:07:17.040 --> 0:07:23.760 in the check of sports. This is Bloomberg six o 0:07:23.920 --> 0:07:26.280 seven on Wall Street, thirty nine degrees in Central Park. 0:07:26.400 --> 0:07:29.160 Avoid the upper level of the George Washington Bridge. Will 0:07:29.200 --> 0:07:31.440 tell away in traffic in just a minute. First, Michael 0:07:31.440 --> 0:07:33.000 Bars here with more on what's going on in New 0:07:33.080 --> 0:07:35.200 York and around the world. Michael, thank you very much. 0:07:35.280 --> 0:07:38.920 Nathan President Biden says Congress must act on the guns 0:07:38.960 --> 0:07:42.880 after the Sacramento shooting. Biden is calling for banning ghost guns, 0:07:42.960 --> 0:07:48.160 limiting gun manufacturer liability immunity, and requiring background checks for 0:07:48.240 --> 0:07:51.560 all gun sales. Sacramento police say at least two shooters 0:07:51.560 --> 0:07:54.840 are at large after killing six people and wounding twelve others. 0:07:54.840 --> 0:07:58.720 Early Sunday. Mayor Darrell Steinberg says it's past time to 0:07:58.840 --> 0:08:01.520 deal with gun violence. It is beyond time to have 0:08:01.560 --> 0:08:05.480 a sane conversation about guns in America. We have a sickness. 0:08:05.600 --> 0:08:07.840 It's a sickness in our country. It's a sickness in 0:08:07.880 --> 0:08:10.520 our culture. Mayor Steinberg says, so far, there was no 0:08:10.600 --> 0:08:13.600 motive for the shooting. New York Mayor Eric Adams talked 0:08:13.600 --> 0:08:16.480 about gun violence. Adam says he talked to the President 0:08:16.520 --> 0:08:19.920 about the issue over the weekend. We really have to 0:08:20.000 --> 0:08:22.760 have a combination. We have to stop the flow of guns, 0:08:22.800 --> 0:08:24.680 but we must also do the job of getting the 0:08:24.680 --> 0:08:26.840 guns off the streets. Des on there now and my 0:08:27.040 --> 0:08:31.160 anti gun unit they're doing that. Just a few weeks out, 0:08:31.720 --> 0:08:35.840 they removed over twenty something guns off the street. Adam 0:08:35.920 --> 0:08:38.440 spoke on CBS is Face the Nation, which can be 0:08:38.480 --> 0:08:41.840 heard Sundays on Bloomberg. Jerry's selection is set to begin 0:08:41.920 --> 0:08:45.640 today and the sentencing trial of Parkland, Florida, school shooter 0:08:45.760 --> 0:08:49.360 Nicholas Cruz. Jurors will decide whether sentencing him the death 0:08:49.640 --> 0:08:53.800 for murders seven for murdering seventeen people in the eighteen massacre. 0:08:54.200 --> 0:08:57.480 He confessed to opening fire at Marjorie Stoneman Douglas High 0:08:57.480 --> 0:09:01.120 School and already pleaded guilty that those cry times last October. 0:09:01.600 --> 0:09:04.640 US airlines are restoring service after bad weather and staffing 0:09:04.679 --> 0:09:09.199 issues contributed to more than thirty five hundred weekend flight cancelations. 0:09:09.240 --> 0:09:11.480 So far today, according to flight of Ware, only about 0:09:11.480 --> 0:09:14.720 a hundred sixty two flights have been canceled. Daniel Craig's 0:09:14.760 --> 0:09:17.760 returned a Broadway and a new version of Macbeth has 0:09:17.800 --> 0:09:21.200 been temporarily hauled it after the actor contracted COVID nineteen 0:09:21.559 --> 0:09:26.040 performances are canceled through Thursday. John Battiste took home Album 0:09:26.080 --> 0:09:29.319 of the Year honors at last night's Grammys. Ukrainian President 0:09:29.360 --> 0:09:32.080 Vladimir z Lenski appeared in a video message during the 0:09:32.080 --> 0:09:34.880 show asking for support for the war in his country. 0:09:35.400 --> 0:09:38.840 Tell the truth about war on your social netswors on TV, 0:09:39.000 --> 0:09:43.240 support cost in any way. You can't anybody silence and 0:09:43.280 --> 0:09:46.440 then peaceful gone. Zelenski made us plead during the Grammys 0:09:46.440 --> 0:09:49.280 that were held in Las Vegas. Global News twenty four 0:09:49.320 --> 0:09:51.880 hours a day on air and on Bloomberg quick Take, 0:09:51.920 --> 0:09:54.960 powered by more than twenty seven hundred journalists and analysts 0:09:55.040 --> 0:09:57.559 more than a hundred twenty countries. Michael Barr and this 0:09:57.720 --> 0:10:05.040 is Bloomberg Lincoln. Okay, Michael, thank you. Almost six ten 0:10:05.080 --> 0:10:07.400 on Wall Street time for the Bloomberg Sports Update with 0:10:07.480 --> 0:10:11.120 John stash Our. All right. Nathan Perennial College basketball powers 0:10:11.120 --> 0:10:12.520 meet tonight in New Orleans for the n C Double 0:10:12.520 --> 0:10:15.480 A Championship. North Carolinas won the title six times, Kansas three. 0:10:15.480 --> 0:10:18.400 The two teams met in the nineteen fifty seven final. 0:10:18.800 --> 0:10:22.480 Tar Hills won fifty four fifty three in triple overtime. 0:10:22.600 --> 0:10:26.400 South Carolina won the women's title in Minneapolis sixty nine 0:10:26.400 --> 0:10:28.880 over ukon Gino r e M. I had been eleven 0:10:28.880 --> 0:10:30.959 and oh from championship game. I've been in the other 0:10:30.960 --> 0:10:32.880 locker room a lot of times, and so I know 0:10:32.920 --> 0:10:35.640 what that feels like. I've been in this locker room, 0:10:35.679 --> 0:10:37.920 and I know what that feels like. And one team 0:10:38.000 --> 0:10:40.360 is going to be, you know, a national champion and 0:10:40.400 --> 0:10:44.760 the other team's not. And I think they deserved. They 0:10:44.800 --> 0:10:47.240 were the best team all year. Second championship ever for 0:10:47.240 --> 0:10:49.800 the game Cops. Rangers at the guard against the Flyers, 0:10:49.800 --> 0:10:51.960 a team the Rangers should beat. They did not tell 0:10:52.000 --> 0:10:54.520 behind three nothing tied the game with three the third, 0:10:54.640 --> 0:10:57.400 they had goals twelve seconds department. Philadelphia won four three 0:10:57.440 --> 0:10:59.840 and a shootout on a goal by ex ranger Kevin 0:10:59.840 --> 0:11:02.199 hey Is. Islanders got a hat trick from J. G. Pago. 0:11:02.320 --> 0:11:04.040 He had it by early in the second period of 0:11:04.040 --> 0:11:06.560 The Isles beat the Devil's four three easy win for 0:11:06.559 --> 0:11:09.120 the next one, eighteen to eighty eight. In Orlando, just 0:11:09.200 --> 0:11:11.560 the eighteenth ever trade between the Mets and the Yankees, 0:11:11.600 --> 0:11:14.400 they swapped relievers. The Mets needed a lefty who the 0:11:14.440 --> 0:11:16.839 departure of Aaron Loup. They sent Miguel Castro to the 0:11:16.920 --> 0:11:20.040 Yanks for Joe Ellie Rodriguez. Yankees also sent reliever Albert 0:11:20.040 --> 0:11:24.080 Abreo to Texas to catcher Jose Travino. Tiger Woods calls 0:11:24.160 --> 0:11:27.800 himself a game time decision, unsure whether he'll play the Masters. 0:11:27.840 --> 0:11:30.640 He suffered serious injuries fourteen months ago in that car 0:11:30.760 --> 0:11:33.160 Accidentty had said recently he was just happy to have 0:11:33.240 --> 0:11:35.920 his limbs intact, But Tiger recently played an eighteen whole 0:11:35.920 --> 0:11:40.040 practice round at Augusta. Masters begins Thursday. Hourly reports throughout 0:11:40.360 --> 0:11:44.160 on Bloomberg Radio, John Stashual Bloomberg Sport didn't all right, John, 0:11:44.200 --> 0:11:46.160 thank you. Right now, S and P futures are up 0:11:46.200 --> 0:11:50.160 eight points, STOUTH futures up seventeen. NASAC futures leading the 0:11:50.160 --> 0:11:52.760 games right now, they're up fifty four points. The tenure 0:11:52.800 --> 0:11:55.600 treasuries down five thirty seconds down, the yield two point 0:11:55.640 --> 0:11:58.640 four zero percent. Yield on the two years higher at 0:11:58.679 --> 0:12:08.320 two point four five percent. This is Bloomberg Bloomberg eleven 0:12:08.360 --> 0:12:10.920 three oh weather, mostly sunny, mid fifties today, some late 0:12:11.000 --> 0:12:13.520 day rain tomorrow with a high near sixty. Will be 0:12:13.559 --> 0:12:16.079 back in the mid fifties by Wednesday, with rain ending 0:12:16.080 --> 0:12:24.640 in the afternoon. Right now in Central Park Markets. Headlines 0:12:24.679 --> 0:12:27.640 and breaking news twenty four hours a day at Bloomberg 0:12:27.720 --> 0:12:31.080 dot Com, the Bloomberg Business at and at Bloomberg Quick Tape. 0:12:31.640 --> 0:12:41.120 He's a Bloomberg Business lash and I'm Karen Moscow. We 0:12:41.160 --> 0:12:43.760 are breaking news on Twitter. This morning, we go live 0:12:43.840 --> 0:12:46.600 to New York and Bloomberg's John Tucker with the latest. John, 0:12:46.640 --> 0:12:49.480 Good morning, Karen. This is according to a filing this 0:12:49.600 --> 0:12:53.600 morning with the Securities and Exchange Commission, test Less CEO 0:12:53.800 --> 0:12:57.280 Elon Busk has now taken a nine point two percent 0:12:57.400 --> 0:13:01.120 steak in Twitter that ends up to a stackering seventy 0:13:01.160 --> 0:13:04.280 three million cheers. No word from US so far usually 0:13:04.360 --> 0:13:07.880 has a tendency to tweet about such things. Karen all right, 0:13:08.000 --> 0:13:10.760 John Tucker, thank you and again. Shares of Twitter moving 0:13:10.840 --> 0:13:14.920 higher this morning again, up about twenty seven percent. Stocks 0:13:14.960 --> 0:13:17.480 in Europe and US Dock Index futures are gaining this 0:13:17.559 --> 0:13:20.640 morning as traders way the latest developments in the Ukraine War, 0:13:20.720 --> 0:13:22.559 with peace talks set to resume them at a new 0:13:22.600 --> 0:13:25.640 push for stiffer sanctions on Russia. Check the markets every 0:13:25.640 --> 0:13:28.599 fifteen minutes throughout the trading day. On Bloomberg s and 0:13:28.679 --> 0:13:31.720 P future is up about ten points now down futures 0:13:31.760 --> 0:13:34.840 up twenty six and NASDACK futures up sixty five, so 0:13:35.000 --> 0:13:37.679 futures are getting a bit stronger this morning. The decks 0:13:37.679 --> 0:13:40.480 in Germany up about two tents of uppercent, also extending 0:13:40.559 --> 0:13:43.640 its gains. Have your treasury down five thirty seconds l 0:13:43.679 --> 0:13:46.200 two point three nine percent now, the yield on the 0:13:46.240 --> 0:13:49.400 two year two point four or five percent, and Bitcoin 0:13:49.640 --> 0:13:53.120 this morning is at forty six thousand dollars. It's down 0:13:53.160 --> 0:13:55.959 about eight tens of upper cent. That's of Bloomberg business 0:13:56.000 --> 0:13:58.319 flash down. Here's Michael Barr with more on what's going 0:13:58.360 --> 0:14:01.160 on around the world. Muchaele Karen, thank you very much. 0:14:01.240 --> 0:14:04.240 Both the US and Ukraine are calling on international courts 0:14:04.280 --> 0:14:07.839 to investigate potential war crimes in the city surrounding Kiev. 0:14:08.360 --> 0:14:11.280 President Biden is calling on Congress to act on guns 0:14:11.320 --> 0:14:15.000 after a mass shooting at Sacramento that left six dead 0:14:15.080 --> 0:14:18.360 and twelve wounded. The Senate Judiciary Committee votes this morning 0:14:18.360 --> 0:14:21.680 on whether to move Supreme Court nominique Tanji Brown Jackson's 0:14:21.680 --> 0:14:25.720 nomination to the Senate floor. South Carolina has captured its 0:14:25.760 --> 0:14:29.600 second national championship in the women's NC Double A basketball tournament. 0:14:29.640 --> 0:14:33.360 The Gamecocks shut down yukon sixty forty nine. The men's 0:14:33.440 --> 0:14:36.600 NC Double A tournament final is tonight between Kansas and 0:14:36.800 --> 0:14:39.920 North Carolina. In the NBA the nixt one, the Celtics 0:14:39.960 --> 0:14:43.320 beat the Wizards one four, one oh two. The Warriors 0:14:43.360 --> 0:14:46.120 were also winners. In the NHL, the Islanders beat the 0:14:46.120 --> 0:14:48.400 Devil's four three. The Rangers lost in the shoot out 0:14:48.440 --> 0:14:51.800 to the Flyers. Also for three Global News twenty four 0:14:51.800 --> 0:14:55.200 hours a day on air and on Bloomberg Quicktake, powered 0:14:55.200 --> 0:14:58.160 by more than twenty seven hundred journalists, an analysts and 0:14:58.200 --> 0:15:00.760 more than a hundred twenty countries. I'm Michael Barrn. This 0:15:00.840 --> 0:15:03.240 is Bloomberg. Nathan Okay, Michael, thank you. It is six 0:15:03.280 --> 0:15:06.560 twenty on Wall Street Live from the Bloomberg Interactive Brokers studios. 0:15:06.640 --> 0:15:09.800 This is Bloomberg Daybreak and joining us now from Budapest 0:15:09.880 --> 0:15:13.200 is Bloomberg's Maria Today, so as we continue following all 0:15:13.240 --> 0:15:15.480 the latest on the war in Ukraine, not the least 0:15:15.480 --> 0:15:18.640 of which is these images that Ukraine has put out 0:15:18.680 --> 0:15:22.760 of what appeared to be atrocities committed by Russian forces 0:15:22.800 --> 0:15:25.800 pulling out of the city of Bouscha. The European Union 0:15:25.840 --> 0:15:31.720 has said it holds Russia responsible. How could europe respond, Maria, Well, 0:15:31.760 --> 0:15:33.720 I mean we've all seen the pictures of this town, 0:15:33.760 --> 0:15:37.960 which is on the outskirts of Kiva. Ukraine officials entered, 0:15:38.360 --> 0:15:41.920 they see they liberated the town and they found mass graves, 0:15:42.240 --> 0:15:47.040 reports skilled there's of course reports of sexual violence committed 0:15:47.040 --> 0:15:49.440 on Ukrainian women. All of this has seen o very 0:15:49.440 --> 0:15:53.720 well under every international convention would be war crimes. Today 0:15:53.720 --> 0:15:57.080 were heard from the French president and my really does 0:15:58.520 --> 0:16:01.120 war crimes that every more responsible will have to say 0:16:01.120 --> 0:16:05.320 for the natural justice. The Polish Primnister on further, this 0:16:05.400 --> 0:16:08.320 looks like genocide, And of course the question is what 0:16:08.320 --> 0:16:10.960 do we do next? Working Europe do next? And a 0:16:11.000 --> 0:16:13.760 lot of this will focus on the energy conversation. This 0:16:13.840 --> 0:16:16.680 is something that Europe has tried to delay for a while. 0:16:16.800 --> 0:16:19.440 They know that it will be a painful decision if 0:16:19.480 --> 0:16:23.600 the embargo Russian energy, coal, gas. But ultimately, at this 0:16:23.680 --> 0:16:26.760 point it is almost inevitable that this debate will have 0:16:26.800 --> 0:16:30.920 to feature energy at one point. If there is the 0:16:31.000 --> 0:16:34.080 possibility of oil being on the table here, I mean, 0:16:34.120 --> 0:16:36.160 what could that mean for the market if we do 0:16:36.440 --> 0:16:40.800 start to see Russian oil and gas actually being targeted 0:16:40.800 --> 0:16:46.520 for sanctions by Europe. Look, I think first, in my 0:16:46.720 --> 0:16:50.280 opinion and my guess on this is that Europeans see 0:16:50.520 --> 0:16:54.760 oil as the money maker for Russia and gas as 0:16:54.760 --> 0:16:57.960 a geopolitical arm of this whole thing. Then don't forget 0:16:58.000 --> 0:17:01.160 that we also have coal coming in from Russia too. 0:17:01.320 --> 0:17:03.720 So to me, the question is what is going to 0:17:03.760 --> 0:17:07.280 be sanctioned first, if any and or is it all 0:17:07.320 --> 0:17:08.879 going to happen at the same time, or do they 0:17:08.920 --> 0:17:12.520 go cold first, oil next, and ultimately gas after. Given 0:17:12.520 --> 0:17:16.440 the dependency that some European countries have. What's the repercussion? 0:17:16.520 --> 0:17:18.479 Of course we know what the repercussions would look like. 0:17:18.520 --> 0:17:22.000 It would probably send Europe into a recession. There's already 0:17:22.000 --> 0:17:25.320 talked perhaps that we would have to start rationing energy. 0:17:25.400 --> 0:17:27.479 You would see the cost of living once again go up. 0:17:27.520 --> 0:17:30.720 We have seen built in Europe essentially rocket now for 0:17:30.880 --> 0:17:33.919 eight months, and of course all the economic and social 0:17:33.960 --> 0:17:36.480 repercussions that this has. But the debate that the European 0:17:36.560 --> 0:17:40.159 leadership has to face now and really own is what's 0:17:40.200 --> 0:17:43.199 more acceptable? What what's the right choice to make to 0:17:43.280 --> 0:17:46.439 take an economic hit but try to accelerate the end 0:17:46.480 --> 0:17:49.280 of the war, or just continue for small and targeted 0:17:49.320 --> 0:17:52.639 sanctions hoping that there's a ceasefire with all of the 0:17:52.640 --> 0:17:55.000 repercussions that it carrits in human life like we've seen 0:17:55.080 --> 0:18:00.480 over the weekend obviously covering the Hungarian election ends and 0:18:00.640 --> 0:18:04.480 the apparent victory of re election for Prime Minister Victor Orbon, 0:18:04.640 --> 0:18:07.800 with Orbon continuing in power, Maria, how could that potentially 0:18:07.840 --> 0:18:09.960 affect the dynamic when it comes to the e US 0:18:10.080 --> 0:18:13.680 response to what is happening in Ukraine. Look, I think 0:18:13.720 --> 0:18:15.400 we're going to see a lot of tension here. Who're 0:18:15.400 --> 0:18:18.280 going to see a lot of scrutiny. And yesterday Victor 0:18:18.400 --> 0:18:21.840 Orban it was really an incredible celebration speech. He said 0:18:22.320 --> 0:18:25.400 he was able to have a great victory. You could 0:18:25.400 --> 0:18:26.919 see him from the moon. It was so big that 0:18:26.960 --> 0:18:28.600 you could see his victory from the moon. And he 0:18:28.720 --> 0:18:34.320 blamed international finance, the international press. He talked about bureaucrats, Brussels, 0:18:35.000 --> 0:18:38.280 all of his enemies, and he also name checked President Zelinsky. 0:18:38.400 --> 0:18:40.240 So if you can see here this is a country 0:18:40.280 --> 0:18:43.720 that is essentially breaking away from the rest of European diplomacy, 0:18:43.840 --> 0:18:47.000 that it is becoming a headache for Europe and there's 0:18:47.000 --> 0:18:49.040 going to be real questions as to whether or not 0:18:49.160 --> 0:18:52.880 a hungary like this is actually compatible with European values values. 0:18:53.240 --> 0:18:55.960 In our last thirty seconds here, Maria, we are expecting 0:18:56.000 --> 0:18:59.959 possibly while it talks to resume between Russia and Ukraine. 0:19:00.160 --> 0:19:02.600 How do you expect these talks to go given what 0:19:02.760 --> 0:19:07.080 Ukraine is accusing Russia of committing in Bucha. Well, it's 0:19:07.160 --> 0:19:10.440 it's it's what Ukraine says is there is there's crimes 0:19:10.480 --> 0:19:13.359 happening here at people that were executed for noble reason, 0:19:13.640 --> 0:19:16.040 raids being used as a world tool. All of this 0:19:16.240 --> 0:19:18.960 of course, which Russia denies on the record, but you 0:19:18.960 --> 0:19:22.160 can see that the foundations for actual honest talks will 0:19:22.200 --> 0:19:26.560 clearly have been decimated by this. Bloomberg's Maria Today O 0:19:26.640 --> 0:19:29.760 with us this morning from Budapest as we continue our 0:19:29.840 --> 0:19:33.120 team coverage the latest on the war in Ukraine. Thank 0:19:33.200 --> 0:19:35.840 you as always, Maria. Looking ahead to the market open 0:19:35.880 --> 0:19:38.440 on this Monday morning, future is moving a bit higher, 0:19:38.480 --> 0:19:41.440 with SMP futures right now up ten points, Staff futures 0:19:41.520 --> 0:19:45.280 up thirty NASDAC futures higher by seventy one point. The 0:19:45.359 --> 0:19:49.720 tenure treasury is down five thirty seconds. The yield two 0:19:49.760 --> 0:19:52.000 point four zero percent yield on the two year two 0:19:52.040 --> 0:19:55.159 point four five. We continue to watch shares of Twitter 0:19:55.240 --> 0:19:59.280 on a filing that shows Elon Musk has taken a 0:19:59.359 --> 0:20:02.399 nine point two percent passive stake in the social media app. 0:20:02.720 --> 0:20:09.240 It's up nearly in the market and Bloomberg Daybreak is 0:20:09.240 --> 0:20:12.040 brought to you by Ancient Accountants and Advisers. Challenging times 0:20:12.080 --> 0:20:15.320 call for proactive advisors who help minimize taxes, increase cash 0:20:15.359 --> 0:20:17.760 full and create opportunities for the future of your business. 0:20:18.080 --> 0:20:25.760 Visit Ancient dot Com broadcasting live from the Bloomberg Interactive 0:20:25.800 --> 0:20:29.640 Broker Studio in New York, Bloomberg E Loving Freed to Washington, 0:20:29.720 --> 0:20:33.840 d C. Bloomberg to Boston, Bloomberg one oh six one 0:20:33.920 --> 0:20:36.840 to San Francisco Bloomberg and I'm sixteen to the country 0:20:36.960 --> 0:20:39.560 Sirius XM to A one nine team, and around the 0:20:39.600 --> 0:20:43.359 globe to the Bloomberg Business app and Bloomberg Radio dot com. 0:20:43.440 --> 0:20:52.399 This is Bloomberg Daybreak hits six thirty on Wall Street. 0:20:52.400 --> 0:20:55.320 Good Morning, I'm Nathan Hager and I'm Karin Moscow. We're 0:20:55.359 --> 0:20:58.200 just about three hours away from the open of US trading. 0:20:58.280 --> 0:21:00.240 Time for the five things you need to notice start 0:21:00.320 --> 0:21:04.120 your day. Brought to you by Interactive Brokers. Interactive Brokers 0:21:04.200 --> 0:21:07.040 charges Martin loan rates from zero point eight three percent 0:21:07.119 --> 0:21:09.800 to one point eight three percent rates subject to change. 0:21:09.920 --> 0:21:13.639 Learn more at ibk R dot com. Slash compare a first. 0:21:13.720 --> 0:21:17.320 Russia and Ukraine may resume video talks later today. Even 0:21:17.359 --> 0:21:21.479 as Kiev accuses Kremlin forces of carrying out attrocities, Russia 0:21:21.560 --> 0:21:25.800 is dismissing images of executed unarmed civilians as fake. Ukrainian 0:21:25.840 --> 0:21:29.720 President Vladimir Zolensky says the war is destroying his country. 0:21:30.000 --> 0:21:33.919 We couldn't have imagined anything like this because this is 0:21:33.920 --> 0:21:39.359 a maniuc type of decision to destroy the whole nation. 0:21:39.840 --> 0:21:43.080 Zelinski spoke through an interpreter to face the nation on CBS. 0:21:43.119 --> 0:21:45.480 You can catch the show every Sunday on Bloomberg Radio. 0:21:45.680 --> 0:21:48.520 President Zelinsky also made an appearance of the Grammys with 0:21:48.560 --> 0:21:52.480 a video message asking for more support our musicians, where 0:21:52.560 --> 0:21:56.320 body armor instead of Lexi they seen to that wounded 0:21:56.600 --> 0:21:59.679 in hospitals, even to those who can't hear them. But 0:21:59.760 --> 0:22:04.440 then music breakthrough anway is accusing Russia of committing genocide 0:22:04.440 --> 0:22:07.439 in Ukraine. Well, Nathan, some EU governments are pushing to 0:22:07.480 --> 0:22:11.080 impose more sanctions following allegations of Russian war crimes, but 0:22:11.160 --> 0:22:14.879 there's no consensus yet on a new sanctions package. Jamie 0:22:14.880 --> 0:22:17.560 Diamond is also calling for more sanctions on Russia. Karen. 0:22:17.640 --> 0:22:20.120 That came in his annual letter to shareholders whether JP 0:22:20.240 --> 0:22:23.280 Morgan Chase CEO also said the Fed may raise rates 0:22:23.359 --> 0:22:26.560