Euros. Oil prices climb amid mounting tensions between the u. S. And iran as washington ratchets up economic pressure with major new sanctions and President Trump tells nbc news he never threatened to demote fed chair Jerome Powell but claims he has the power to do so if he wants. I have the power to do so. Thats not a threat just a reminder that you can. I have the right to do that but i havent said that. What hes done is 50 billion a nont quantitative tightening, its ridiculous. Well, good morning and happy monday, everybody. To kick off the week were getting german data out. So lets break that down for you. The june efo survey german business moral has fallen in june the Business Climate index came in slightly higher than expectations at 97. 4 versus the forecast of 97. 2 however the execations index come in at 94. 2 versus forecast of 94. 5. Little lower on expectations current condition index risen to 100. 8 in june versus forecast of 100. 2. On forward looking indicators sentimen
A number of hostages in a popular cafe. Bureau,our Bloomberg Paul allen is covering events for us. What more do we know . There have been a few developments since last we spoke. The police have pushed their street,ack to hunter the block our building is on. You can see the high shot taken out of the window of our building. Building, you can see, is not a cafe. The cafe it self is about a further 100 meters up the road to the left. This is right across the street from the reserve bank of australia and directly across the plaza from channel 7, which has also been evacuated. Hourer development at this is the number of people inside the building. We have been saying it is believed to be up to 20. We have since spoken to the ceo of lindt australia and he said there were 10 working at the time and could be up to 30 customers. There could be up to 40, but that has not been confirmed by the police or any other agency. We have seen pictures of people with their hands up against the window. Two
Through the ropes holding it to the levee and began to drift out on the levee, a big earning fireball on the river. It drifted down the levee and hit one boat after another until 23 boats were on fire. Morning, 14 block said been burned down. Sites to see. The fire broke out at 3 00 and spread to the stores on the landing. And then nearly half of the heavy business portion of the city was in ashes. There was a strong wind at the time and the fire ran through block after block. Fire, city leaders proposed an ordinance that require all buildings to be built out of brick or stone. St. Louis is nationally famous for its brick columns today. Many of the moments it is from a time before we could get persons to record this, obviously. So, stuff from way back when, a diary or a letter they wrote, we have a person reading and recording it today. But theyre a couple of other ones where we have the real person come in and give their description of what happened. One of the most exciting ones is t
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