Its the bond market where we getting all the interest. Weve seen upon rally tech place, a quick look at whats going on. The bond rally has been pleading out of lake. Still were seeing a move upward and indonesias 10 year yield ahead of that third decision, looking for yields. There you go. The 10 year yield, a bit of a selloff in the bond market. Yesterday there was a zero coupon bond offer in germany. Eurosing like 2 billion worth of that, only one third of the allocated bonds. Thats a look at whats going on at whats going on it bond markets. Lets look at the first word news with su keenan. Budgettart with the u. S. Deficit, its going faster than expected and the Congressional Budget Office at President Trumps trade war is a drag on the u. S. Economy. Up from an estimated 960 billion in the year ending september 30. In january the Budget Office forecasted deficit of 980 billion next year and did not seek topping 1 trillion since 2022. China is threatening retaliation against u. S. Com
If she could. The latest. And counting the cost. We had to miami where Hurricane Dorian is capable of causing billions of dollars in losses. Newseen we have breaking out of south korea. Looking at the inflation numbers. Yearoveryear is flat. 0. 6 in july. Forecast to be up 0. 2. This is now the lowest inflation rate yearoveryear for korea on record. Pointing out they are missing falling into deflation for the first time. If you look at the core cpi, it is up 0. 9 . It takes out food and energy. Energy has been under pressure. If you are at the bank of korea looking at this, you have to think this could raise pressure for the bank do something at their next meeting. Gdp coming in for the Second Quarter at percent. Prior, 1. 1 . A small difference, not superstrong. Yearoveryear, 2 . Probably considered enough for the bank of korea for now. That number will catch a lot of attention. We will see how markets react. Lets look across asian market. You can see the red on my board. Asian tradin
] this is Washington Week. Funding is provided by. [music] kevin. Kevin kevin advice for life. Life wlplanned. Learn more at raymondjames. Com. Babble. A Language Program that teaches reallife conversations in a new nguage, such as spanish, french, german, italian and more. Babbles 10 to are available as an app or online. More information on additional funding is provided by the yue foundation. Committed to bridging cultural differences in our communities. The corporation for pu. Ic broadcasti and by contributions to your pbs station from viewers like you. Thank you once again, from washington, moderator robert costa. This weeks gyrations in the stock market have nothanged President Trumps hard line on trade. But he did make adjustments as he seeks a deal with china, laying tariffs on some goods until december. And ahead of a rally on thursday, he remained upbeat. Walma announced, others announced, we had some tremendous numbers come out today, which im sure you saw, so were very happy
[music] this is Washington Week. Funding is provided by. [music] kevin. Kevin kevin advice for life. Life wellplanned. Learn more at raymondjames. Com. Babble. A Language Program that teaches reallife conversations in a new language, such as spanish, french, germa italian and more. Babbles 10 to 15minute lesilns are avale as an app or online. More information on babblitcom. Anal funding is provided by the yuen foundation. Commted to bridging cultural differences in our communities. The corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you oncein, from washington, moderator robert costa. Thehis weeks gyrations in stock market have not changed President Trumps hard line on trade. But he did make adjustments as he seeks a deal with china, delayingariffsn some goods until december. And ahead of a rally on thuray, he remained upbeat. Walmart announced, oth announced, we had some tremendous numbers come out today, which im sure you saw
Is there more pain to come or a real bottom anywhere in sight . Trade tensions still in focus as the Chinese Central Bank does something it has not done in more than ten years. Well tell you what that is on this thursday, augustth as Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan you are watching Worldwide Exchange. Thanks for joining us. These crazy, volatile markets have shown no signs of slowing down yesterday at this hour we were calm then stocks began to sink when trading began. The dow continued to fall, at one point off 550 points but then the buyers, they came in in the afternoon. The dow ended the day dow 22 points, posting one of its greatest point turnarounds of all time what will happen today lets look here is how your money and investments look futures are mildly higher. Dow futures up 21 points but this time yesterday futures were basically flat. All of a sudden