A warm welcome to bloomberg daybreak europe, our flagship morning show from here in london. Manus where waking up to her we are waking up to a complication of global risk, north korea bringing tensions to bear. The on markets are moving and this is the impact, 78. 02. The lower dollar or risks and north korea, the daily prophet says we need to start paying attention, gold is at 2017 highs. It is not just a technical move. Positions are the most bullish and 11. , the prime 12 hours minister of japan said this is a grave and serious threat. Launching the missile over japan. The markets seem to be rattled more than they were last week. Anna markets are rattled and the gold went through 1300 a troy ounce. Going onomething else with gold even if it is just about dollar weakness, to what extent does that matter if this is the driver, if this is happening in the gold markets. Lets put up the border risk radar. And other assets we are keeping an eye on this hour. That is not what it looks like
Millions are waking up to rising flood waters and onslaught of rain and at least three deaths have been linked to harvey and all out search is under way after six members of a family tried to escape harvey and there is a search for them. About 280,000 are without power in the state. Over 2,000 individuals have been rescued. The National Guard roughly 12,000 now mobiled while citizen rescuers plunging themselves in the water to help where they can. Heres Texas Governor greg abbott. If not the largest, has to be categorized as one of the largest disasters america has ever faced. And to see the Swift Response from the federal government is pretty much unparalleled. When all is said and done, fema predicts over 450,000 people will register as disaster victims. Nbcs dylan drier is in the houston this morning. Dylan, no letting it up it seems right behind you its coming down hard. Guys, it certainly is, frances. We were in this location yesterday leading up to nightly news and we were seeing
The president will bring a promise of money, manpower and the military. The gold coast needs at all. North koreas blatant provocation. Japanese people woken up by a red alert from broadcasters. Take cover at the north korean Ballistic Missile flew up ahead. The south Korean Military has responded with a live fire precision bombing run close to the north. No military response from america at this point. The president has not taken it off the table. I mistake on either side risks were. Investors dont like to hear that. Today they are selling. The dow opened sharply lower. But it is the human catastrophe unfolding in houston that is great the attention of the nation. Earlier in unthinkable forecast to 50 inches of rain, the still rising floodwaters and directly from people who have lost everything. Varney company is about to begin. Lets get right at it. The flood of biblical proportions. Jeff flock on the ground in houston. Am i right in saying the water levels are still rising . Reporter
Beaumont with the coast guard as they performed live rescues. Well take you to that area. But first we bring you breaking political news. President trumps newest Approval Rating. 41 . Thats a brandnew number. Its also a brandnew low for this president. The number of voters satisfied with how things are going is down 10 point. The majority of americans is telling us they believe the president is tearing the country apart. He wants to lower the corporate rate to 15 . Do the new poll numbers complicate things in those questions are being asked in just a few minutes. Lets get to hillary vaughn. This picture on the monitor behind you. Hillary sent us these pictures earlier in the day as she was reporting on the situation. People in dump trucks piling in, driven away from their homes flooded out by any means possible. Reporter rescues are still coming in, and its babies, children, elderly. Everyone needed to be rescued. Its not that they have gotten to be everyone who needed to be rescues ou
At asions last night factory in the houston area will not pose future dangers to the community. The containers themselves are in a remote area of the plant. Officials say harvey knocked out Critical Power supplies required to keep peroxides cool. 15 Police Officers were treated at the hospital. Floodwaters are receding in the houston area today. Firefighters plan to conduct a search in the areas that have been in accessible. The death toll has risen to 31. Harvey has knocked out one fourth of u. S. Oil Refining Capacity offline. Houston, fire personnel and search and rescue teams have begun conducting doortodoor searches now that the weather is clear. Officials are trying to determine how much damage there is and whether any civilians were left behind. That process could take as long as two weeks. The cost of rebuilding from the storm may be a roadblock for President Trumps tax cut plans. The president has called on congress to quickly deliver a harvey aid package. The cost may face re