Francine lacqua. Stocks did open a bit lower. Its down a 1 5 of one percent. 4 since friday, the 24th. Sterling gaining for the first day in three. Down almost 11 since friday the 24th, the day after the referendum. The u. K. 10year is up by a couple of basis points. Today, rising above 21 for the first time in a couple years. Investors seeking Precious Metals as haven asset. Lets get the bloomberg first word news. Good morning. Nejra stanton and pours estimates a standard inrs estimates a 0. 8 hit vote. Ke the u. K. Brexit it will see a 1 drag on gdp next year. The bank of england will have to. E. Program. Q us try his election has resulted in Neither Party having enough seats to form a government, threatening to undermine the nations credit rating. Moodys has said there are limited implications for australias top grade. A wider deficit could put downward pressure. Election results have yet to be completely finalize. An increasing number of economists predict chinese banks will see th
Showers and its a 60 percent chance of showers and storms here in the valley. The flooding chance is high, definitely the biggest threat, and because of all the moisture available, the valley as well as much of the state under a Flash Flood Watch until 11 00 p. M. Tomorrow. So coming up we break down how much rain we could get, and when the Storm Chances clear out. And more Team Coverage of all the potential areas that can flood. We have a new perspective from the gi look at the washes running over in fountain hills. Jason is live. Reporter it was incredible, just four or five hours ago i couldnt have stood here in the wash. It was a flash flood like a river, like rapids, and it was powerful picking up and carrying debris out of the desert, including a big chunk of this barbed wire fence thats washed out. Its calmed down now, but i compare and contrast where i am right now compared to earlier. This is the height of the storm, textbook flash flooding, and the good kind of flooding becau
Tie fell out of your pocket again, andrew like it did the other day and no one there that looks good. I figured today was one of those days. We spent some time on a farm yesterday, joe. Thats right. You head back out to the north 40. North 40, andrew, is a term that people out in that part of the world use for the 40 acres that are north 40 . Yeah, andrew is going to be bringing us up to date on everything thats happening in Middle America right now and give us a real view from the front lines on all of this. Well be back with him in just a few moments. Joining us is the u. S. Managing editor for the financial times. Well get to her in a moment because we have to talk about Deutsche Bank and whats happening. Thank you for joining us. First lets get a check on the markets. Take a look at u. S. Equity futures. Yesterday was a down day. Dow down by 200 points on concerns about the Deutsche Bank. S p was down by 20 points yesterday. And the nasdaq was off by 50 points. This morning things
Londonome we send it to for the first word is. Best first word news. Another victory for donald trump, his third in a row. The catch is 45 of the vote last night. Mark and ted cruz were battling it out for second place with 20 Percentage Points behind. If you listen to the pundits, oo werent expected to win t much. Soon come of the country is going to start winning, winning, winning. Republicans now set their sights on super tuesday. More than a dozen states and territories will hold primaries on march 3. One hit a recreational vehicle in louisiana. 30 were injured and others may be trapped in the wreckage. The u. S. And china close to agreeing on new sanctions for north korea. Both countries want to punish north korea for its recent Nuclear Tests. Chinas participation is essential. It is north koreas largest trading partner. Matt chesapeake out with earnings, coming in line on etf . 16 was the adjusted loss per share. That is what the market was looking for. It was not the earnings or
Coming up on thursday. David historic. Share thiset market check. Lets get you up to speed. Futures now higher this morning. S p 500 futures up about the exploits. Now futures up 33. A rally in the a rally in europe. Switch at the board to much longer dollar story on most of the crosses this morning. Dollar yen inching higher. Euro sterling, brexit spread, we will talk about that in about 10 minutes. At inches away from that 80 pence level on friday. Treasury yields up a basis point at 1. 78 . Lets get over to vonnie quinn for first world news. First word news. Vonnie more flights scheduled to leave the Brussels Airport a day after it reopened. Only three flights the parted yesterday. Flight schedule to the u. S. And africa today. Because of the damage caused by the attack, the airport can handle less than 20 of its normal passenger load. Investigators in europe say least what two members of the terrorist cell to the paris and brussels attacks are still at large. Officials tell the jou