Activity and the wind haas picked up. Also orlando, day to i that beach, cocoa, cape n ca navral in on that. You can get gusts ath 50 miles per hour. Sit offshore and close enough that some of the impacts are now being felt. Storm surge as well. It does look like the track is going to take you to the north slowly. It should start to accelerate at 24 to 36 hours. The best opportunity for the high to get close enough would be South Carolina or north carolina. That is a couple of days away, you guys. Thank you, steve. As steve is just talking ant those outer bands already causing some severe weather. Hurricane dorian cons to cause historic destruction. Cocoa beach, florida. We can see a significant amount of wind there. Thats right. Good morning to you. We are standing on the beach here and you get a great look of the ocean why where you can see the waves are getting bigger and far more powerful. High tide is not for another three hours, but already the waves are coming right up to the tu
No surprise. That risk on rally. It felt like oil helped in some ways to turn the market around, too. You had a sloppy 10 year auction and reporting from bloomberg that said saudi arabia is hey,ng its buddies, saying we need some help. David the u. S. Will report jobless claims for the past week. At 1 00, the u. S. Treasury will auction 19 billion 19 million in 30 year bonds. Cbs and yelp will report quarterly earnings. We are joined by luke kawa and Michael Mckee taylor and Michael Mckee. Lets start with that china data. As you know, exports actually went up. Theiris another line on on the imports which shows they are negative, but better off than it had been. Michael the numbers are a bit of an anomaly because we did see in june president put additional tariffs on. Economists are expecting this to turn around because of the threat of new terror of new tariffs. Bloomberg had a very interesting story yesterday that said warehouses in the u. S. Would fall. Not chart where you put anythi
The pound drops further. Financial markets think a no deal brexit is increasingly likely, sending the pound close to its lowest in 30 years. Good morning. Yesterday some torrential thundery downpours lead torrential thundery downpours lead to some flash flooding in parts of yorkshire. Today we could see some more of that as we continue with some heavy, thundery downpours. The drier across some southern and south western areas. I will have more in 15 minutes. The latest uk climate data has revealed that the ten hottest years on record have all taken place since 2002. Analysis of temperature records dating back to 1884 also reveals that none of the ten coldest years have occurred since 1963. Scientists say the report underlines how much the uk has been affected by Climate Change, as our science editor David Shukman explains. Temperatures so low, the sea off kent actually froze. This was back in 1963, one of the chilliest years experienced in britain over the last century. But what is sig
Surveillance. I am Francine Lacqua. These are your markets. A lot of these european stocks higher at the opening. Now they are down a touch. Lets call it flat. I am looking at oil. A lot of the picture is contingent surrounding iran so you see a little bit of a lift up for american crude. What is going on with these european markets and you are seeing it reflected in yen. Yen is the one story that is the haven. Any risk attitude is reflected on yen. European stocks, a lot of investors are looking at these amounting into political risks. Ifore getting some figures. The german index, 97. 4. We get up around we get the with hernan a cristerna. Lets get to the bloomberg first word news in new york city. The drumbeat for Federal Reserve rate cut is getting louder. Minneapolis fed president says he called for a reduction at last weeks meeting. These comments reinforcing expectations the central bank is on course to cut rates. Trump says he would be able to demote fed chairman if he wanted to
Guy as a markets reporter, lunch unch is something you never want to see. That is where the stoxx 600 is. But it is just above the 200 day moving average. Marks and spencer, intentionally going back to the ftse 100. There is a review going on. It was up 4 yesterday and today. It tells you about the consumer. Consumer is spending money. Admiral, here is another interesting story. This stock is up by 6. 9 . Its auto business is doing better. What is happening is renewal rates are going sharply higher. The inflation rate within the auto sector is high at the moment, being pushed through and sticking. As part of the business is recovering. The stock is up five 6 . Alix the reason i think this one is significant is it closed below the 50 day average yesterday and we are not getting followthrough selling. This is a sign. The filly helping target. It closed at 23 low yesterday. The bars pretty low. But they did lower their forecast so it was not all sunshine and roses. This is where it gets d