A bid and beyond going protests. Volunteers come together to help survivors of Hurricane Dorian in the bahamas. But the u. S. President donald trump believes iran was behind saturdays drone attacks that crippled more than hof saudi arabias Oil Production but he says he doesnt want a war and will wait to see definitive proof of tehrans involvement before deciding how to respond trump said secretary of state my pompei will be traveling to riyadh soon to coordinate a response americas close ally the u. K. Says it will work with the International Partners to present quote the widest and most Effective Response and saudi arabia says the attacks were carried out using iranian weapons but tehran maintains it is not responsible yemens hooty rebels say they were behind the. Attacks and of war and more are coming again begins our coverage now from washington. President donald trump says the u. S. Is still collecting and analyzing intelligence related to saturdays attack on Saudi Oil Facilities b
This week, the repo rates, the liquidity crunch, so here is the overnight repo rate that we saw on monday really going skyhigh. But since then, it is lower. The fed has entered the market, 278 billion dollars injected by the fed in the repo operations, trying to stabilize this system. Luke, it was on the set with the, he brought is a good chart the other day, this is the volume on the s p 500 going back to late last year. We can see at the time of the volatility, huge volume, whether it was outright or protection against greater downturn. Then stabilizing for much of the year, august going higher. Earlier in the year it was low, suggesting investors were not worried about the repo rates going hi, but since then volume has come up a little bit. But it is still relatively muted. Taylor roku is getting crushed, down 20 . We saw the starting last tuesday when apple announced their streaming service. Shares fell 10 that day. Earlier this week my paying spoke announcing this week my face but
Minute look at quick u. S. Equity futures at this hour show you how things look to be opening up in about 3 1 2 hours from now dow would be off about 20 points nasdaq looking to open up 15 points s p 500 looking to open off a little off well call it 3 1 2 points right now and also show you whats happening overnight in asia right now as we speak. Youre looking at red arrows across the board but well call it marginal except for the hang sang take a quick look at european equities as well as we flip that board around youre looking at mostly red picture, except the ftse 100 looking up 1 right now and finally treasury yields, tenyear notes unless youre looking for a 30year fixed right now the tenyear note is at 2. 060 joe . Big deal of the morning. Big. Big. Mylan, potential pharma deal to tell you about. Unit of pfizer with mylan. Thats right. Were expecting this news to be announced sometime this morning. What were hearing is that pfizer plans to spin off a unit called up john, off patent
Business with huawei, if you want to do business in america. Farreaching ramifications of Trump Trade War shaking the markets just a bit, yes, you do see a little bit of a comeback but specifically apple, chip makers, energy names to drag down oilrelated shares, we do have insecurity here but as we head into the last 60 minutes of trade wall Street Holding onto small weekly gain, lets see if we can hold onto them at the close. The finger pointing on tankers, President Trump not only blaming iran but taking one step further saying that iran will never have a Nuclear Weapon on his watch. National security and implications of heightened rhetoric, less than an hour on closing bell this friday, a lot can happen here so lets start the countdown. Liz it is red right now but look at tesla, briefly turned positive, it is down just 15 cents, barely. Lets call it flat for the moment. The Electrical Industry News Services saying that electric says the Company Owned by elon musk, well, owned by sha
How electric cars are being used to power a small portuguese atlantic island. And the actressjune spencer, who plays peggy in bbc radio drama the archers, reveals the secret of how shes still working as she turns 100. Well, i suppose it is inheriting good genes, for a start. And an outlook of. A cheerful outlook, i think, an optimistic outlook on life. Good morning. Welcome to bbc newsroom live. Andrea leadsom and mark harper are the latest candidates to launch their campaigns to replace theresa may as consersative party leader, and become the countrys next Prime Minister. The initial group of ten candidates will be whittled down to two by a series of mp votes over the next few weeks. The final pair will then face a ballot of the wider party membership. We should know the winner of the contest towards the end ofjuly. This morning, Andrea Leadsom launched her campaign by pledging action on climate change. Mark harper called for tax cuts for those on lower incomes. Rory stewart will laun