Fierce. About 90 miles east of daytona is where it sits right now after really devastating the bahamas. David i dont think we still understand the extent of it. It is really tragic what happened in the bahamas. Theres a lot of rain and water coming. The storm surge they are worried about up and down the coast. Alix in the markets we are paying attention to the broader political sphere. 8 10 upres up by by 0. 8 . The cable rate up over 1 . Yields in the u. S. Now up by three basis points. Commodities, buy everything but the u. S. Dollar. Time now for the global exchange. Joining us in hong kong is bloombergs chief north asia correspondent stephen engle. From outside westminster is bloombergs anna edwards, and from new york is bloombergs michael mckee. First we want to start with hong kong, where leader carrie lam announced the government will formerly will formally withdraw the extradition bill. M the government will fully withdraw the bill in order to relay consent. Alix can we say the
Julie see more selling pressure start to build up. Closer to record a couple of days ago. All three averages pushing toward the lows of the session. Still not seeing huge declines. The nasdaq leaving toward half of 1 as investors await fed minutes. Comments from bill dudley yesterday that september could potentially be on the table. Lets take a look at the two day chart of the s p 500 as we see the backtoback pullback going back to the beginning of august now amounting to about 1 . We are still on the streak of no one percent moves on a daily basis. I believe it is 28 sessions now unless something changes radically by the close of trading. Take a look at the imap. Some subgroups are in the green. , materials, Consumer Discretionary amtech are doing and tech are doing worse today. See the at t down. Verizon and frontier as well. Bloomberg intelligence saying we are not going to see as many bid or as high as had been expected unclear what that means for the spectrum ownership by the vari
Betty, is having a bearing on some of the companies in london that get revenues from south africa. I am talking about old mutual, they sink to a little as financema binned his minister yesterday. The Swiss National bank, betty, also kept rates at a record low. No big bazookas, betty, like last thursday, with the ecb. Betty no, but however, there was, i guess you could say, a bazooka coming out of glencore and their investor day. That is one of the best performers in europe . Mark 7 , biggest rise in need mups, vowing to cut its debt further, raising is its forecast. Thecally it has become latest of Mining Company to try to counter the slide in Commodity Prices. Right now, betty, it is wrestling with Anglo American to be the worst stock on the ftse 100 this year. 74 . American is down by betty, that is one race you do not want to win in 2015. Betty indeed. We will check back on the markets of course, but we first wordck on the news. David . David a protest over the killing off a black t
Billion people. The Worlds Largest vote is happening in india. Two decades ago humanity showed its worst, nearly a Million People butchered in rwanda, cut downly match eties as a country turned on itself. There are vijuals and ceremonies honouring all that was lost in 1994. The frame of remembrance making its way across rwanda. A plane with the president in it, 20 years ago today, was shot down. Translation im here to ask god to treat me well. It triggered a gepp sigh, and to genocide, and to ask that it never happen again. People gathered in a Catholic Church to honour the rwandans killed there. Members of the hutu group massacred tutees. This tutsis. This girl was 14, she was raped and was on the run with her mother and sister. She shared her story earlier tonight. We kept hiding. It it was hard and difficult for myself, my mum and siblings. It was very, very hard. I remember one place we went, and this person was, of course, a neighbour of my mum for many years. When we went and ask
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