Police. When they accuse of using Excessive Force in breaking down largely peaceful protests. As darkness fell a breakaway demonstration blocks streets around cowley. Sparking angry standoff with both police and local police i am ill tempered ends to another day of anger on the streets of hong kong with the prospect of yet more protests public pride aljazeera hong kong. Coming out for you on the program we will be speaking to fall as in kenya hopeful and african free trade agreements create more prosperity on the continent and the army and police are on high alert in sri lanka as thousands of but its monks held their 1st examine since the Easter Sunday bombings. Hello again its good to have you back well across parts of australia were not going to see too much here in terms of weather except down here across much of the southeast we have one frontal boundary pushing through and across much of it tory as well as New South Wales were going to be seeing some what conditions as we go from
Decline as strength and the Services Industry adds to the higher for longer rates narrative. Bets on a november fed hike rising to 60 . Apple citing the most and a month saying some Chinese Government agencies are banning the use of iphones. Japans trouble outlook from the ana ceo who says demand from china is soaring. A quick check on wall street, not the best of openings to a month ever. Three down sessions, it looks like as futures open we might be pointed to a fourthdown session. The s p 500 down. 7 , big tech leading the time for the most part. Apple with their drop after we had sourced the idea that china would be banning iphones from the workplace. We had treasuries falling as well. That was to do with the Services Data which was really strong, except for prices paid being strong. That adds to inflation. Perhaps in place and will be stickier, there will be another fed rate hike in november perhaps. We had to fed speakers rwo fed speakers, they both said there may be another rate
As to the longer rates narrative. Pets on a november fed hike rising to about 60 . Apple sliding the most in a month under reports of some government chinese agencies banning the use of iphones. We get japans travel outlook exclusively from the ana ceo who tells us that demand from china is soaring. If you look at u. S. Futures, it looks to be shaping up in a fourthdown day. The asia session could change that. We are early in the session. They are pointing lower. I just want to give that warning right now. It looks like we might see little bit more weight to bonds. Yields higher once again today after all of that data. Service is showing a lot of strength but also strengthen prices paid, which is perhaps the most troubling aspect of this whole thing. That adds to inflation. With oil prices assize they are at the moment, thats another troubling factor for those worried about inflation. Those include some fed Board Members and some fed president s including Susan Collins and jim bullard.
Hello, everyone. This is washington and action. Asas you know we have several people speaking, but the first is definitely an important advocate for the 28th amendment, and its particularly a pleasure because i just found out that someone i taughtau legislative procedure two is now the chief counsel for senator cardin. When i was visiting at the university off maryland. I want to introduce you to an extraordinaryte advocate for the amendment on and on equal rights and extraordinary leader in the fight for human rights around the globe and a great senator for the great state of maryland. [applause] dont leave us so quickly. I want ton thank you. I want to thank you. You did a great job. Hes a very good chief counsel for so thank you for importing into him what is necessary. We have a lot of procedural problems in the senate i dont know if you notice to that or not, but we thank you very much and helen rogers is also here. The staff do an incredible work for us and i just always want to
Growth in overall business conditions. Higherthanexpected retail sales, and Online Shopping actually increased more than expected. That underscores the rosie manufacturing data we have been seeing. We are still seeing the conundrum of anemic wage growth, despite the tight job market. We have one company in boston reporting anecdotally that 20 out of a remained open factory with 100 positions, and they were struggling to find highly skilled labor. The Silver Lining though, increased wages are generally seen i a lot of districts Going Forward, and some firms are raising wages across a broader set of industries from the last report. So potentially some Silver Linings goers forward Going Forward into 2018. Overall a positive reading, underscoring what we have been hearing so far, with the fed penciling in these three expected rate hikes. Julia wage increases there, but modest pricing pressures mix. We will wait and see if they go through. Lets get a check on where stocks are and how they a