Bond purchases in Something Like 88 months. The ecb can buy up to 1 3 of the countrys debt. In the u. S. , still about 3000 on the s p. Yields being moved higher by yields in europe. Crude down 2. 6 . The renminbi is being whipsawed a little bit as well. We were down to 7. 05 and change a bit ago, and now back up to 7. 07. Ecb president mario draghi spoke after the rate and policy decision today. Here are some of his thoughts from the news conference. Mr. Draghi the risks surrounding the euro area Growth Outlook remain tilted to the downside. We still think the probability of recession for the euro area is small, but it has gone up in view of the weakening Economic Outlook and the continued prominence of downside risk. Governments with fiscal space should act in an effective and timely manner. We have a mandate. We pursue price stability, and we dont target exchange rates, period. Vonnie this was the big final one for mario draghi. He has another press conference in october, but this w
By a fraction of a percent crude oil, this is the one weve been watching very, very closely. We have wti down by 1. 6 brent it down by 1. 5 . This is quite a rebound from the lows back in june. We are up by 12 from june 21st lows so staggering move in just a short amount of time weird. Weird to see the dow so strong and the nasdaq so weak thats been happening more the nasdaq had been stronger on a relative basis then the rotation happened. I dont know what it means. Maybe its healthy this is scary and not healthy. Maybe the meeting is good, but the reason for it frightening. The u. S. Requesting an emergency u. N. Security Council Meeting today after north korea tested an Intercontinental Ballistic Missile. The missile could put all of alaska, so mainland i dont know if you call that mainland, but pretty close late yesterday the u. S. Military said u. S. And south korean troops fired missiles into the waters off south korea in a show of force back that way apparently it can reenter the
U. S. Equity futures this hour, lets show you whats going on, suggesting a flat open s p opening lower 1 1 2 points, the dow slightly lower and the nasdaq lower by four overnight in asia, quiet session around the world, generally. Hang seng higher over 1. 5 , but t shanghai was lower european equities. The dax is higher by 0. 25 france and the ftse slightly lower. Italys higher by a third and spain is lower by 0. 25 . Their yields are backing up over there once again that has resumed take a look at crude wtis lower by 20 cents, a decline of 0. 5 , 44. 15. If youd like crude delivered in august pepsico just out with Quarterly Results. Sara eisen has the numbers 10 cents above on earnings, i see, sara. Sure looks like a big beat. Eps 1. 50, versus the 1. 40 expected it includes a 6cent gain from a sale, but its an estimate, so its unclear whether that factored into the analyst forecast, but either way, a beat on the profit line, a beat on revenues as well for pepsico, 15. 7 billion. The
You, kris. This is connected to the case last summer where Draymond Green was arrested for allegedly assaulting a Michigan State football player. We show you this video from a News Conference that took place a couple minutes ago in los angeles. If you remember, green was arrested for assaulting wayne edmondson. He was assaulted outside a bar in east lansing, michigan. Ed m edmonton is seen alongside his girlfriend following a lawsuit of bullying and misleading statements by green that the family says has negatively impacted them. Green only paid a 560 fine last year. Clearly thats not enough for d edmo edmondson and his girlfriend. He explained back in july there was actually two altercations he had with the nba star. The first one, green allegedly choked him and his girlfriend after bumping into him at a bar on the Michigan State campus. For those not aware, green is a famous alumni of Michigan State university. Edmondson said he approached green the other night. He was out with some
Aides try it to style them back. It happened yesterday. He was asked about north ring remarks, saying his remark. I dont ink they mean that. I think its the first time they heard it like they heard it and frankly, maybe it wasnt tough enough. David that was the president yesterday. This to sayis had about diplomacy. The americane effort is diplomatically lead it. It has diplomatic traction. It is hitting diplomatic results. I want to state right there. The tragedy of war as well enough known. It doesnt need another characterization beyond the fact it would be catastrophic. David to take us how this is playing out, we go to our chief correspondence. Lets start with you. How is this in asia . Reaction is one led by the australian Prime Minister who came out strongly to emphasize their alliance with the u. S. President ed with trump early in his term. The newspaper reported the moving interceptors and the place. China should stay neutral if north korea provoke the u. S. Into war. Andhe u.