I am nejra cehic in london, great to have you on the show today. This bank is raising its benchmark rate, 25 basis points to 1. 25 . Talking about the lost last hawk standing, nor just norge s saying they will likely hike again in 2019. It is, by the looks of it, a hawkish hike. You can see the reaction in the norwegian krone jumping. We have also had news from the philippines centralbank, keeping its key rate at 4. 5 . Lets take a look at the markets. We are still dealing with the fallout from Jerome Powells press conference. The bond market seems to take what he said well. In europe, were seeing equities on the front foot. Playing catchup because these markets closed. U. S. Equities gained. 3 . It was the defensives and bond proxies that led the game. It was a muted reaction but futures point to future gains. The 10 year yield down to basis points. Of course, we did a drop below it, hitting a 2016 low. Curve steepening yesterday, flattening today. The dollar down for a third day. Wil
While the desperate search for the missing continues. Gio also this morning, lahaina residents returning to whats left of their homes. The extraordinary efforts this community is taking to come together. We dont know how were going to live. We dont know how to start over again. Janai the cdc out with new data on the nations Mental Health crisis. Deaths by suicide now reaching a recordsetting high. The Surgeon General speaking out calling it a defining Public Health and societal challenge of our time. Will real estate reality check. Buying a home now nearly 20 more expensive compared to just last year. What to know before making your next big move. Janai were hitting the rewind button on summer blockbusters. Oh janai the mustwatch movies you may have missed while on vacation. Ariel, dont but its all coming back to me now will its all coming back to us now. Welcome to the celinaissance, near, far, wherever you are, how broadway is turning celine dions greatest hits into show tunes that w
The course of the country hoops wilheim back in 1994. His years of segregation and white rule came to an end, a millions of black south africans cost a vote for the 1st time. But 30 is on many side as little to celebrate hopes being replaced by disappointments and skepticism. The African National congress, which has been in power since that time is accused of not keeping its promises. Its been embroiled and corruption scandals and unemployment is an all time high. Crime is widespread and re space in a quality is still a problem. This is anniversary comes a month ahead of general elections, which can see the amc lose its majority for the 1st time. So have south africans lost faith in that governing policy. Well put that into, i guess in a moment 1st, but this report from image in cuba. The 30 years since the doctor coons went to the post for the 1st Free Democratic Bank Delivering a final end to decades of accounts. Only white minority had given the button. I cannot forget how we suffer
A varitek on a bid on bio technique and treatment. Ocado, oh canada. The retailer pushing it sending shares to the top of the european market. We talk to the ceo of Ocado Solutions in just a moment and no deal. The u. S. Senators remain shut. Its still not clear if theres enough support for it to pass. And our session across europe, we can now see a little bit more red on the board than green. Pretty flat open so far. The stoxx 600 flat right now as we look tesk at the effectsf driving that in the markets. Looks like energy stock is doing well, up over 0. Fi75 . Telecom looking tour pretty strong so far this morning with travel and ledger down 1 travel is not doing particularly well lets talk one big story ocado shares sending the market higher to develop its Online Grocery business the agreement with the second largest canada food retailer comes as there are opportunities in the north and American Market the ceo of ocado joining us in the study know lets talk about north america canad
Market investor tells cnbc intervention is not the solution. They are desperate to try to keep this market up and theyre trying every rule in the book to do that. Unfortunately as we know the more they do the more uncertainty is imposed on the market. Putting the brakes on profits at major auto maker. Bmw warns of slowing sales. Analysts worry theyre stalling on reforms. This despite delivering better than expected Second Quarter earnings. Hi everyone im seema mody. Coming up on the show hes a man with a plan. A Clean Power Plan as obama talks tough on Climate Change were asking you what would you give the president for his birthday, which by the way is today. The numbers are in and its not looking good for hillary clinton. We unveil the results of the latest nbc wall street journal poll. Plus angry bird produces angry gamers. Find out why the app ruffled some feathers later in the show. Lets show you what greek banking stocks are doing and theyre open now for a second day after they w