Are bracing for more shutdowns. How high will gasoline prices go in the United States . And talking of fuel, the diesel dilemma. No decision yet on offering a diesel version of the new cayenne suv. More throughout the show. Matt miller, over to you. Thanks very much. 30 minutes until the open of cash trading. I am in stuttgart at the Porsche Museum to give you more on the easel industry story which has been a massive one in germany. A big election issue just four weeks to go until germany votes for a new chancellor or indeed confirms the old chancellor. Lets take a look right now at how futures are trading. We see gains across the board. Yesterday we had a drop in the cash trade then things picked up in the u. S. Through asia overnight and in europe and futures now because there is less concern about a war with north korea or at least a missile launched over japan. Ds and see also in bun across the board in the rates market, people selling off those safe haven instruments and pushing t
We are seeing a little bit of risk removal. This is what we are seeing in european stocks. They are joining the rebound as we see tensions surrounding the north korean country and peninsula easing. The yen dropping, gold dropping. Gainingor haven assets a touch. Lets get to the bloomberg first word news. Heres nejra cehic. Nejra north koreas leader says the testfiring of a missile over japan yesterday was a meaningful prelude to containing guam. Kim jongun added that he will continue to watch the response of the u. S. Rex tillerson has agreed with his japanese and south Korean Counterparts that the test was an escalation of provocation while the Un Security Council has condemned the launch. President trump has praised the Emergency Response to Tropical Storm harvey as he and the first lady visited texas. At least 15 people have died in the wake of harvey while thousands more have been displaced from their homes. Early estimates put the economic losses at 100 billion. The u. K. Wants to
Controversial wall, when the money they say should be spent on disaster relief. The wall was meant to separate america from mexico but the divide so far has been between the president himself and his legislative party, division that points to a gulf of differences on other issues between those who are broadly internationalist and those who cry America First. Gabriel gate gatehouse has sent this report. There is trouble brewing in arizona. Donald trump is feuding with his own party. At odds over trade, healthcare, and order, and the president s abrasive style. And then there is the wall. We are building a wall on the southern border, which is absolutely necessary, believe me. We have two close down our government, we are building that wall. If we have to close down oui wall. If we have to close down our government. That would be an awful decision that would backfire badly notjust on awful decision that would backfire badly not just on the president awful decision that would backfire bad
And looking at him, id say the street won. [ laughter and applause ] ill see you next time. [ laughter ] after President Trump struck a deal with democrats to increase the debt ceiling, he tweeted on friday, quote, republicans sorry, but i have been hearing about repeal and replace for seven years, didnt happen. Wow, thats shocking. Donald trump said sorry. [ light laughter ] thousands of students in houston returned to school today after a twoweek delay caused by hurricane harvey. But dont worry, kids, no matter how much school you miss, you can still be secretary of education some day. [ laughter and applause ] former white house aide Sebastian Gorka predicted today there will be another shakeup in the white house staff before christmas. Oh, you think so, nostradamus . [ light laughter ] people leave the white house so often, they are reusing the same goodbye cake. [ light laughter ] good luck out there, reince. Okay, scrape off the icing and write in mooch. [ light laughter ] accord
And looking at him, id say the street won. [ laughter and applause ] ill see you next time. [ laughter ] after President Trump struck a deal with democrats to increase the debt ceiling, he tweeted on friday, quote, republicans sorry, but i have been hearing about repeal and replace for seven years, didnt happen. Wow, thats shocking. Donald trump said sorry. [ light laughter ] thousands of students in houston returned to school today after a twoweek delay caused by hurricane harvey. But dont worry, kids, no matter how much school you miss, you can still be secretary of education some day. [ laughter and applause ] former white house aide Sebastian Gorka predicted today there will be another shakeup in the white house staff before christmas. Oh, you think so, nostradamus . [ light laughter ] people leave the white house so often, they are reusing the same goodbye cake. [ light laughter ] good luck out there, reince. Okay, scrape off the icing and write in mooch. [ light laughter ] accord