Republican senator bob corker has issued more criticism of President Donald Trump in an interview with the New York Times the chair of the Senate Foreign Relations Committee said trump is treating the presidency like a reality t. V. Show and making reckless threats that could steer the u. S. Into World War Three the rate of return to refugees fleeing ongoing violence and myanmar has again and crazed following the law in recent days almost five hundred and twenty thousand have now crossed into vonda bish the nations military crackdown began six weeks ago on sunday at least twelve died when their boat capsized in the waters off bangor they she. Has more from young gone. Well people of course have been fleeing violence in the north of the country in rack and state but what were hearing now from the United Nations office for humanitarian affairs as well as from residents of hmong door which is the epicenter of the conflict is that people are leaving because simply theyre going hungry there
His economics finally working . The diva blame game accelerates. As x and Campaign Desk as Election Campaign gears up. Matt we are less than a half hour away from the start of european trading. Take a look first off at where receipt futures after a down day on friday, we see up across the board gains for futures. We also see a recovery in risk rather, a selloff in a safe haven assets that we saw sort of buildup last week and i am concerned about the possibility of nuclear war, that tends to freak out investors a little bit so they were buying up bunds and treasury. Take a look at the three day traits for example. They bought them up thursday and friday and pushed the yields 0. 38, rather than a six handle at the beginning of the month. Now that yield is coming back to zero spot for and the same is true for spot the death. Spot debt. How does the water look . Less riskyter looks than it did friday. We dialed down attention when it comes to north korea. It seems to be coming from the u.
Lets have a look at where european equities are trading just under 30 minutes to the close. I can tell you the stoxx 600 is rebounding from a fivemonth low and also rebounding after it had its worst week since november last weekend. We are seeing broadbased gains, the ftse 100 up the most in over a week. The dax up the most in almost four weeks. Some people coming out to say perhaps a correction is imminent. This is the europe index and what we can see here is that those are drops of 10 or more from peaks. That hasnt happened in about 13 months for the europe index, they in the question whether we are due a pullback. That 13th month run without a pullback of 10 or more is the longest since this bull market began in 2009. That is and and then we will talk about this hour. And then looking at the stoxx 600 revenue per basic share against the euro. We were just talking about the gains in strength of the euro. The euro was weaker because of broadbased dollar gains, but overall, we have see
After last years fiasco. Anna a very warm welcome. I am anna edwards. Manus i am manus cranny. Today is a little bit risque. Hasnt the tboned market that its key boots on. We are going to jackson hole. The market is getting worried about the debt ceiling. States coulde net be under pressure. What does the market do . They want their money and they wanted now. They want a premium. They want it now. They want a premium. They want their money for october and that king in the you curve is because in the yield curve is becoming more pronounced. They want a timely readdressing of the debt ceiling. Manner. A timely anna they are concerned if they do prioritize the repayments, what does that do to the other parts of this spending obligations . It would be in uncharted territory. Well discuss that later. In terms of the reaction, it was interesting when we were covering trump and everything he has to say about the wall and nafta, he didnt seem to move markets all that much. It didnt seem to mak
We begin in italy where there has been another serious said that for former Prime Minister Silvio Berlusconi. Banned fromold is Holding Office for two years. It comes after he was convicted of tax fraud in august. Click Silvio Berlusconi was not in court to hear the verdict. The ruling by the Midland Court has no Immediate Impact on the former Prime Minister because, as a member of the senate, he enjoys him entry immunity. Tothe senate is expected discuss next month whether to expel him. Airless carny would be prohibited from taking part in any Elections Come either as a candidate or as a voter. The decision stems from the Supreme Court ruling on august 1 which upheld a conviction for tax fraud against her list coney link to his firm. If the senate expels him, hell also have to survey oneyear sentence. He has opted to do Community Service rather than be under house arrest. But berlusconi still has some we mustupport area remember that he employed so many people. I cant think of any oth