A substantial fall in secondquarter gdp. Raise to succeed shinzo abe heats up with a long time i lay set to announce his plans. Allys the a longtime set to announce his plans. Taking on the set up from markets this wednesday morning. We are seeing muted price action so far with futures edging higher. The nzx 50 adding 4 10 of a percent. This after the tech that the tech lead rally that saw the nasdaq pushed closer to 12,000. In australia, stocks may edge higher after the worst job worse drop in month. A decline was on positive building data. Checking in on the aussie dollar ahead of the Second Quarter gdp reports. Holding below 74 but still near a two your high. Offshore yuan holding a three year again. The value may test the pbocs tolerance. Check out the euro back below 120 after reaching that level for the first time in two years after the ecb member philip blaines remarks the level does matter from i terry policy. The dollar rebounded from a two year low. As u. S. Markets and tech
And were standing by for an and weve probably been in 50 or update on the czu fire keeping so of these hurricanes. Thousands of people out of their so, you know, this is quite a homes. The third hour of today in the storm. It is the strongest storm that bay starts right now. Made landfall in this part of and a good thursday morning to you, thanks so much for the region right at the starting your morning right here with us. Louisiana texas border. Im marcus washington. Im laura garcia. A check on your commute with category 4. 150 mimileanhour winds and, mike in just moments. Cut across this area and left a but, first, some incredible lot of damage here. We know that buildings and homes images coming out showing the have been damaged extensively. Powerful hurricane that slammed flooding continues to be an into the louisiana texas border issue here. Overnight. Hundreds of thousands of people hurricane laura made landfall as a category 4 storm. Without power at this point. And the danger p
Critics say he failed to deliver on most of his promises. One of chinas biggest conglomerate says it is optimistic despite divisions with the u. S. From the boss involved. Shery we are getting Industrial Production numbers from the month of july in south korea falling. Missing estimates it would only fall by around 2 . We also have the month on month numbers. A gain of 1. 6 . That is missing estimates it would rise more than 2 . This is also a deceleration in gains when it comes to those numbers from the previous month. We do have the outbreak in south korea worsening. Virus pandemice within south korea and overseas. The numbers are not that surprising. Improvingn numbers and the slump easing for the past three months. When it came to the numbers in august, we saw the number starting to deteriorate. We are seeing those Industrial Production numbers missing estimates. Contracting 2. 5 year on year. We do get tomorrow, south koreas Second Quarter final gdp numbers. We will be watching th
On policy and high on fear mongering. If last night was any indication, buckle up. Speaker after speaker spread the usual stew of mistruths, halflies, and outright lies about Donald Trumps accomplishments, or lack thereof, and leaned hard into a message designed only for the base. But the biggest takeaway was the fear mongering about a dystopian future they claim would unfold under democrats. In other words, hide your kids, hide your wife, only trump can save you we may not have realized it at the time, but trump is the bodyguard of western civilization. The woke topians will make him an extra in a movie produced and directed by others. Its a horror film really. They want to abolish the suburbs all together. Joe biden is basically the lochness monster of the swamp. Its almost like this election is working up to church and school, versus rioting and vandalism. They want to destroy this country and everything that we have fought for and hold dear. Ladies and gentlemen, leaders and fighte
Protests turned into riots and looting and violence. Peter doocy in delaware with the democratic nominees decision to hit the road after labor day. Mike emanuel in washington on the politics of violence and we begin with Kristin Fisher at the white house and the trump teams message after a big night. Good evening, chris. It was, brett. Fox learned that the Trump Campaign and Republican National committee raised 76 million over the last four days. For comparison, the Biden Campaign and the democrats raised 70 million during their convention. So the republicans definitely came out on top there. As for President Trump right now, hes in the air and on his way to his First Campaign event since the convention. Before he left the white house this afternoon, we saw a continuation of the president using his executive power to make another one of those madefortv moments. Were taking alice from commutation to a full pardon. He gave her a pardon on the Unconventional Convention with 2020 fireworks