Market. The german tenyear is now at 60. We wait to see what the ecb does. Brent crude continuing to drop in a bear market, today falling by another free. 4 . Another 3. 4 . Vonnie we are getting a surgeon bonds. We are joined by Cumberland Advisors chairman and cio. What you make of the last 24 hours in the bond market . Guest it is extraordinary. We have a three front war. Trade front protectionism, weve been doing that for a year. We now have a declared currency war. We are seeing it in the currency markets. What that means is we are having capital flows change. All three. That is a perfect storm for trouble. You see the markets adjusting to the trouble. We havent had a trifecta of risk like this in a long time. Vonnie if you take a look at my terminal, all it is is a one month 10 year yield chart. The last three days, we are down 2 to belowrom above 1. 60 . David it is extraordinary. When it is like this, risk is rising. Risk premia rising. When you have it in a global setting, you
After eating sevenmonth lows. Theproducers can halt recent slump. The latest trade data from china. The numbers will show how deeply the trade war is biting. Lets see how things are shaping up for asian markets. The s p went after through the largest recovery since december of 2018, we are seeing some modest gains in asia. Nikkei futures down, seeing the new zealand stocks up 0. 5 this is after new zealand, india, and thailand surprised with Interest Rate cuts. We are watching for a slew of Economic Data the big one is the china trade data, expecting exports and imports to decline. We saw some week pmi data before. Also, philippines Second Quarter gdp data will be coming out, it grew faster in the Second Quarter. Expecting japan currentaccount surplus data, expected to widen. We will also watching for singapore retail sales. Paul lets check in on the first word news. War isescalating trade seen pushing the economy toward a first recession in a decade. Larry summers says the risk in the
2001, the United States started investing heavily in the field of biological weapons. Human handed over earlier, the ministry of defense of russia revealed the existence of 30 military biological laboratories in ukraine by presenting documents, and while pointing out the dangers these laboratories pose to the world, it warned that the pentagon is looking to use mosquitoes that carry dangerous diseases in ukraine. Another news from america. Trumps arrest warrant is simplified, present himself to the court on the 53rd of september. In this indictment issued to the Georgia State court , trump has been charged with thirteen new charges, including conspiracy and creating fake documents to change the results of the last us election. Page in addition to trump, 18 other defendants, including 41 accused , started the trial shortly after trumps phone call with the syrian foreign minister in 2021, in which he told this Law Enforcement official to find 11785 and falsely claimed that he was in this
You are watching are being broadcast directly from shiraz. The number of people arrested in the terrorist incident of shahcheragh , peace be upon him, reached eleven. The political deputy of the governor of fars announced this. Said after terrorist attack on the shrine of shahcheragh, peace be upon him, 10 suspects were arrested and with the arrest of one more person , the number of those arrested has increased to eleven. And shot at the pilgrims and zaman , so far 2 people were martyred and 7 people were injured. Peoplecentered jokes to serve arbaeen pilgrims. Raisi emphasized the axis serving hosseini pilgrims is public schools, and government institutions should help this school, and there is no need to serve under the name of government agencies. Innovation and Prosperity Fund to solve the problems of arbaeen with other innovative approaches. The order of the president mr. Raisi also ordered the necessary arrangements for pilgrims to and fro, especially Ground Transportation throug
An audit exit if this is put in charge of this years climate complement. And a look at whats happening in the front line town of soledar as russia and ukraine fight for control. Welcome to the programme. We start with the controversy in washington. The white house has confirmed that a second set of classified documents has been found in the garage of President Biden s home in delaware. Its thought the documents are linked to Barack Obamas time in the white house Whenjoe Biden was Vice President. And in the last half hour, us Attorney General Merrick Garland announced the appointment of Special Counsel to investigate joe biden s handling of the documents. This Appointment Underscores for the public the departments commitment to independence and accountability in particularly sensitive matters and to Making Decisions guided only by the facts and the law. Heres what the us president told reporters a little earlier. As i said earlier this week, and by the way my corvette in a locked garage