Interest rate at 5. 5 . Of course, dave, it is widely expected all 20 economists we surveyed expected as much. But the question is really whether or not governor adrian orr will sound hawkish, given that inflation is still far from where he wants it to be, which is one, two, 3 right now. We had headline inflation in the Second Quarter at about 6 . So rbnz staying pat for a second time in a row at 5. 5 . Remember, this is the central bank that has done 525 basis point hike. It has been pretty aggressive ahead of the curve, way ahead of the fed. And now it is keeping its rate standing pat at 5. 5 for a second time in a row. Dave. Yep. Yeah. So were looking at, to your point there where there is some commentary on inflation and how restrictive rates are and theyre saying already restrictive and that should be enough to return inflation to target. Were just going through some of the phrasing here on the statement because that i guess in some ways, short of hearing from the governor himself
2. 2 on the hang seng sessions. That should take us below the 100 day moving average. Jakarta, nothing much so far. It would take the trunk of Southeast Asian markets. We should be looking at some steep losses. Mse i china down to percent. We are watching out for that. The bonsall of taking place separately. We are softer in crude but it has not been solved for seven weeks of gains on this. Yvonne it is interesting. When you look at how the little space everyone has been pressing down the slowdown in china. Youre not seeing that and it will markets. We will demand in china is looking strong given the pent up demand in travel. Maybe that is the bright spot to the commodity space. Look at Country Garden, this is the story that keeps on giving in some ways. Your of Morgan Stanley same default risk is moving. All those gains we sell post politburo have evaporated. David s they are on the csi 300 which should be at 3800. What is the price target of Morgan Stanley . Yvonne . 75. David 75 mor
The new rules to crack down on smoking in philadelphia. Give me a break. John mccain, who has probably the dirtiest mouth. Donald trump lashes out at fellow republicans as they try to distance themselves from the nominee. The gop has been in crisis mode since donald trump was caught on tape making lewd comments about women, and as more republicans rush to abandon ship, trump slams them as disloyal saying House Speaker paul ryan was a weak and ineffective leader. Trump tweetd, it is so nice that the shackles have been taken off me and i can now fight for america the way i want to. Nbc 10 National Correspondent brian moore with the latest. Reporter campaigning for Hillary Clinton in North Carolina, president obama sounded off for the first time on Donald Trumps caught on tape comments about women. I, too, believe in forgiveness and redemption, but that doesnt mean im going to elect the person president. Reporter minutes after he started speaking the president was interrupted by protester
Shop and also the garage thats right behind it. This happened just after 11 00 in the citys tacony neighborhood. Thats where matt delucia is live this morning. What can you tell us about the investigation . Rosemary and vai, the fire is out. Firefighters left a little while ago. You can see the damage behind me. This was a onestory garage. Fortunately no injuries reported this became more of a problem when the raging fire spread next door to this pizza shop that also has apartments above it. Watch the cell phone video again, heavy flames and smoke coming from this area late last night around 11 00. On mcgee avenue between hagerman and edmund streets in the tacony section. The fire spread very fast. Firefighters working overnight to put this out and keep everyone safe. One witness on scene tells us it got so intense that he was standing across the street and pieces of the garage were flying off. He believed there may have been someone upstairs but no reports of injuries this morning. As
Michael schlesinger has the curent conditions. 3 3 30 second tz tz forecast. Today partly cloudy and breezy. High 68 tonight partly cloudy, cooler. Low; 48tuesday chance of showers, especially in the afternoon and evening. High 63 wednesday chance for more showers. High 62forecast. Today partly cloudy and breezy. High 68tonight partly cloudy, cooler. Low; 48 tuesday chance of showers, especially in the afternoon and evening. High 63 wednesday chance for more showers. High 62forecast. Breezy. High 68tonight partly cloudy, cooler. Low; 48 tuesday chance of showers, especially in the afternoon and evening. High 63 wednesday chance for more showers. High 62 3 3 morningweather shouldnt impact the commute. There will be a full closure of i894 nb at greenfield ave. For overnight work at the zoo interchange. The i94 eb to i894 sb system ramp will close overnight for work at the zoo interchange. The national ave on we start this hour with campaign 2016 v trump and Hillary Clinton face off in th