[ cheers and applause ] we are right smack dab in the middle of summer, and that means among other things Tropical Storms are on the way. Theres an especially interesting one working its way through the caribbean right now, Tropical Storm don. According to the weather channel, Tropical Storm don is not a threat to the United States. Unless it runs for president. Then it will be a disaster. [ laughter ] but the funny thing about it is the name of the storm, theres no connection to the president. They come up with these names for these storms way ahead of time. This just happened to be the next name in the rotation. What makes it even weirder is the name may have set for the next big storm in the Pacific Ocean and im not making this up, will be hillary. [ laughter ] Tropical Storm don and Tropical Storm hillary. This election is never going to end. [ laughter ] meanwhile, Tropical Storm don jr. Is headed toward russia right now. [ laughter ] no one knows why. [ cheers and applause ] did
Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show in the city of london. Im anna edwards. Manus and im manus cranny. So you go away for a weekend ball euphoria donald trump didnt get his health care through the squabbling. The impact on markets is immediate. This is the dollar. The rise of the dollar on the accession of trump into the white house and his promised policies, and there, down, down, down. You seem the dollar touch a fourmonth low. The 200day moving average could be breached. Thisof America Merrill say is still one of the most crowded trades out there even though 32 of their survey say the dollar is overvalued. Buoydata isnt going to the dollar. Manus anna interesting to see just how far the dollar has retreated, almost erasing the gains it has made. Putting up the risk radar takes is a bit further into that dollar story. Weve got dollaryen in there for you. It is 110. 40. Will it go below 110 . Does that trigger some stop orders . We will kee
Kounalakis. Here. Commissioner. Here. Motion for the minutes of the september 21, 2016 and september meeting. There was one thing in the agenda under oh gosh. I dont know the page number. Im sorry. Never mind. Thank you. Or second. Okay. We have a motion and a second. All in favor of the minutes of september 27 and september 27 say aye. Aye. Opposed . Item 2, Public Comment on executive session. Is there any Public Comment on executive session . Seeing none Public Comment is closed. Number 4 executive session. So moved. Second. All in favor say aye. Aye. I move to reconvene in open session. Second. All in favor say aye. Aye. Opposed . I move not to disclose anything discussed in closed session. Second. All in favor say aye. Aye. Opposed . Madam secretary. Pledge of allegiance. I pledge allegiance to the flag to the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Please be advised that the rolling of
A rally that gives building as the day goes on. Which has been a leader all day long, it is now better than 1 . 5 . Dow and as the snp it is commodities given. Driven. Todayals are also rising as the price of underlying commodities are going higher and technology and industrials contributing to gains. A pretty broadbased in utilities. Utilities are the only down right now. Lets take a look at the underlying commodities. You heard Daniel Juergens 50 forecast. Your hearing more strategists come out and raise their forecast for oil. Goldman sachs, they have the latest. The oil is going to a deficit sooner then they had predicted. Now 47 67 a barrel. As bigures not seeing again, but we will see inflows into gold. Lets look at copper. Gold is the best performer in the s p 500. It is raised to a 15 over cap one. Analysts are saying the company will make more moves to the. Ight side of the Balance Sheet those moves are coming soon. It has already been paring down its assets. An apple is a par
And im brian sullivan. Just three hours left in your trading week. Stocks are moving off their session lows, still we are in the red today. Dow down 65 points. The nasdaq and s p 500 also making slight losses. The biggest dow winner this week, the swoosh, nike up more than 4 . The biggest decliner, mcdonalds down 3 . Mcds now down nearly 8 over just the past 90 days, melissa. Brian, im melissa lee, heres what else is happening at this hour. Amtrak naming new ceo, previously served as chairman and ceo of norfolk southern. Crude oil pulling back slightly but still sitting in a bull market. Its up about 85 from this years lows. And team usa continues to dominate at the rio games with 100 medals in total. 35 of them are in fact gold. Weve got lots to get to today, but we kick things off with a developing story in the pharma world. Shares of mylon labs as the Company Increases the price of epipen drug fivefold. Bring in david from wells fargo. Thank you for being with us. Thank you. Weve se