Check out what is happening to european london european stocks. Stocks arising for the second day for the biggest weekly increase in two months it sterling low against the dollar down by. 2 . June 24 last year, biggest weeks biggest weekly gain last year. Sterling rallying 3 against the dollar as the boe turns hawkish. Up fiveyear yield is basis points, higher since august 22 after rising 15 basis points last week. You know the fmos fomc meets this week. Dropped theounts most since january after a. Ecord expansion lets get the bloomberg first word news. Sebastian a peaceful resolution with north korea but Rex Tillerson has warned his two parents use military force if necessary. Those comments came as trump prepares to ask allies to confront the regimes threat. In a tweet, trump mocked kim jong un as a rocket man. Marias wins have picked up eight to five miles per hour. Warnings are being issued to several islands. The u. S. Is bring for rain, and beach erosion. The day has lowered its
Tom you see a bunch of headlines and it shows disparity in yields. Us dehn is going to join where you have a 14 yield. There is what we observed yesterday. Francine the dissent, i do you had there is relief on a lot of our markets today. When you look again, the reversal, right . After the initial encouraging news. Reversal. Tle well get this to the data check, 108. 2 p a little weaker yen today 108. 2. A little weaker yen today. The confusion i heard about yesterday. We have guests that will maybe explain this. Francine lets get to bloomberg first word news. Taylor, the governor of North Carolina has declared a state of emergency after he second night of violence. Police firingthe tear gas at demonstrators. In tuesdays shootings, a black man refused the demand to drop his gun. Some residents say he was unarmed. There is a report that yahoo is poised to confirm a massive data breach. Several hundred million yahoo User Accounts have been exposed. Word of the breach comes as yahoo is get
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