How much more short can the market be when it comes to the pound . The risk off trade very much highlighted in sovereign bonds. The 10 year german bund in negative territory for the first time ever. Move, we the flagship all waited for that move down to subzero on the german 10 year. Alix in the u. S. You have treasuries down at 2010 lows but where is that money flowing out of . Russia, spain, italy. Jonathan in crude, softer session again. Alix it has been days when we have seen this risk off trade for commodities. A similar story with copper, 2. 03 a pound. Money is coming out and pouring into those safe haven assets. Jonathan the Brexit Debate dominating the conversation. I want to bring you around the world for indepth coverage. Today it is all about rex it. London, matts in miller in berlin on subzero yields on the german 10 year first ever, and matt boesler on the fed meeting. Guys begin by bringing in johnson and matt miller in london and in berlin. For pauls, three Different Co
Ceo of the alan Company Conference in idaho, we will have his take on the latest round of the bed for yahoo will verizon make the big move . The story today around global yields of course. Jonathan lets get everyone up to speed. Softer, up byle 1. 5 here in london, the losses piling up and mainland europe with the dax down by over 2 . If you to the headline in the fx market. The lowest since 1985, down by cured alltime low yields, japan, u. K. , u. S. , 10year yield down by 1. 33 . Crude softer at 45. 98. Gold at a twoyear high. 30 right here, right now. Lets go around the world and check in with our Bloomberg Team for indepth coverage of our top stories today. Guy johnson here in the city on the pound and the Global Equities and the current in asia, turning negative. Yelena shulyatyeva in new york, and possibly more stress for the u. K. Funds. Lets begin in the city with guy johnson. He joins us with a check of the market at the top, the fx market shining bright red yet again. 28 and
Nikkei down one. 2 , in china the shanghai composite index up not even 0. 1 . Warner comments from the Saudi Arabian oil minister to the downside by 1 2 , 47. 11 a barrel. Nicole the latest on damage control over the skyrocketing price of the epipen including a celebrity whose son suffered peanut allergies. Lauren ryan ryan lochte has been charged with filing a false police report. Highlights coming up. Nicole 5 01 am, we welcome you to fbn a. M. , your first look at the days market, breaking news and what to expect for the day ahead. Lauren are powerful car bomb attack killing 11 Police Officers in turkey ripping through a Police Checkpoint injuring 80 people, no immediate claim of responsibility but the turkish government blames kurdish militants. This is the latest in a string of bombings targeting police or military in the region. It has a large kurdish population. The battle for the white house, Hillary Clinton accusing donald trump of encouraging racial hate. Trump says clinton t
The markets continue to flow with new highs. Anthony are investors ignoring a buzz saw on the horizon . We are joined by Gabriela Santos and dan shaffer. August was a soso month for stocks and september the worst month since 1928. Should investors be more cautious than they are right now . This has been a good few months and its justified by better Economic Data earnings going forward. As we approach september and talk more about an upcoming fed rate hike. We are telling our clients we dont have to be scared of a rate hike. A rate hike would and good thing because it means the economy is solid enough to justify raising rates. Gary anthony mentioned september and august. Can we look back at history where a market is so controlled by the fed, when we think about looking back and thinking ahead . I go back hundreds of years in markets. Put this into 1928. Thats where the Federal Reserve is now. They manipulated the markets during the 20s and it got out of control. In late 1928 and 29 lot
The markets continue to flow with new highs. Anthony are investors ignoring a buzz saw on the horizon . We are joined by Gabriela Santos and dan shaffer. August was a soso month for stocks and september the worst month since 1928. Should investors be more cautious than they are right now . This has been a good few months and its justified by better Economic Data earnings going forward. As we approach september and talk more about an upcoming fed rate hike. We are telling our clients we dont have to be scared of a rate hike. A rate hike would and good thing because it means the economy is solid enough to justify raising rates. Gary anthony mentioned september and august. Can we look back at history where a market is so controlled by the fed, when we think about looking back and thinking ahead . I go back hundreds of years in markets. Put this into 1928. Thats where the Federal Reserve is now. They manipulated the markets during the 20s and it got out of control. In late 1928 and 29 lot