A home on stan stellar avenue in east san jose. Jana katsuyama had been talking to people in the area. She joins us live from the neighborhood. Reporter you can see behind me that they still have stellar avenue blocked off for seven hours. After this altercation began. Police are saying very little about what started this and what prompted this off the cers shooting. They say the woman was armed with a shotgun. We saw the kids and we walked in the house and we heard a pop. Reporter residents say they heard the gunshot at 330 in the afternoon. The off the desk officer involved shooting called police to the neighborhood. They blocked off nearby streets and tactical teens surrounded the house. This is where the woman retreated. An hour later, you can see a woman emerge. Her hands were bloody held up above her head. Police turn her around while other officers checked past her to see if anyone else was inside. The woman was taken to the hospital with injuries. They did not say it was from t
Lets get on your data check to see what we should be watching out for. Risk off mood. As the significant today dollar, traditionally a haven, is not the haven per se. And havens after the Missile Launch, gas and oil caning with energies bracing for another hit from Tropical Storm harvey. 108. 51, but gold, the outstanding winner in all of this. My euroo take you to chart. This for me is significant, it has hit 120, not only from a technical level, but it encapsulates a relatively united leadership in brussels and the chaotic things from washington, d. C. We have heard. This coupled with improving european fundamentals, so watch out for that. This is the euro. We brought it back to inception in 2000, currently at 120. 42. Its get to the first word news with nejra cehic. Hasa Tropical Storm harvey drifted into the gulf of mexico and is poised to strengthen before crashing ashore again on the texaslouisiana border. Some predictions already pushed putting the cost of the damage as high as
Coming up later on the program prepares to mark the 25th anniversary of black wednesday. That is Norman Lamont at 9 30. Lets get straight to your data check. Quite a lot going on in the markets. We are seeing a little bit of risk off. Stocks are mixed in europe. Edging lower and then going higher. What investors are nervous about is north koreas latest Missile Launch, raising geopolitical risks. Gold and yen showing markets are becoming immune to the provocation and diplomatic reaction. There is not much of an impact on yen. We are seeing pound, the 25th anniversary of, of course, what we saw in 1. 34w31. There is a little bit of movement on treasury. Lets get straight to the bloomberg first word news. Sebastian President Trump says he likes and respects janet yellen not made a decision on whether he will re nominate the Federal Reserve chair for another term. Treasury secretary Steven Mnuchin sets janet yellen is among those being considered to run the central bank. In the u. K. That
The major averages trading at the moment. We are seeing a big boost coming from the news that kevin walsh could be the next fed chair. We are things that s p 500 trading at a record high. The dow jones feeling the pressure, not coming after two big of a gain, still seeing the longest quarterly win streak in a few years. The nasdaq gaining 1 . Top story today, President Trump and Steve Mnuchin are set tohave met kevin wars discuss a potential nomination for the fed chair position. Saw a minor reaction in the kbw bank index, the contest for the position remains open. Also already met with other candidates. Mckee, andhael elaine associates eva, economist for bloomberg intelligence. With todays coverage that kevin warsh is a front runner. We dont know that, it doesnt seem to be a case of reading into a headline that was incomplete at best. It was followed by the white house saying the president met with other people. In an ordinary world, you might view this as a trial balloon. The white h
A very dark london this morning. Coming up later, the brexit show. We will be joined by the former Prime Minister of ireland. Lets quickly check your market s. Eurodollar. No, its euroyen. This is what the pros look at. Its the end of the quarter so were seeing a little bit of caution when you look at the stoxx 600. The price of oil. The Spanish Government is continuing efforts to stop an independence referendum in catalonia. The Regions Administration is pressing ahead with a vote even deployed thousands of police and arrested eight dozen local officials. Catalonia includes barcelona and theunts for a fifth of economy. In the u. K. , most members of theresa mays party think she should quit before the next election. Ina poll, 13 said she should leave now or in the next year. And the same proportion said she should go just before the next elections in 2022. Meanwhile, 38 think she should quit after britain has left the European Union, march 2019. Steven mnuchin says the republican tax p