York and onceew again, a series of negative headlines. Is point around north korea that they say they have successfully tested a Hydrogen Bomb. With north korea, it is very hard to vera why the facts. To verify the facts. Guy it reduces the size and increases the yield of the device. As a result, maybe one step further forward to them being ale to put a device on missile and hit targets around the region. Another reason for global instability and regional instability. Which is more significant this morning, another geopolitical event or another market event . The chinese once again letting their currencies slide a little bit further. In august, that huge move. It just looks like a blip now. Risk,an north korea tail nuclear. Weaker fix. N, a we talked about manufacturing numbers. Theas been offset by Services Data. That is going to be a concern for a lot of people if that is not a oneoff. Guy we will talk about that later. Mohamed elerian lays out some of the risk. Investors are going t
Tomorrow, we will be looking at a completely different picture when you wake up, little bit of snow around here, so soak in the sunshine, soak in the blue skies while we have them day. No coats needed out here but, change. I will show you the storm systems pressing in, you can see its been one after the next, almost a parade of storms marching in through much of the west, truly affecting most of california from the north all the way to the south. Some wetting rains as well as some serious snow across the syria and sierra an area that loves to see some of this, especially considering their drought conditions. Right now around colorado a little bit of that moisture is lifting in from the southwest, starting to move into the san juans and right along i70 toward grand junction, it still is beautiful around the city, however, we are going to have a few more clouds out here than what we had the past couple of days and can you see it . A little bit of a brown cloud just kind of hanging tight
Average erased all the gains it made on wednesday. The index is lower by 3. 5 . 17,087. Investors sold shares across all sectors on a stronger yen. Overnight, benchmark Brent Crude Oil fell to below 30 a barrel for the First Time Since april 2004 on the back of a Global Supply glut and weak demand from a slowing demand in china. Lets take a look at currencies, the dollaryen pair trading well below the 118 level again. Currently at the mid 117 levels. And the greenback let go some of its gains overnight due to risk aversion. The dollar euro, that pair is 1. 08. The Federal Reserve official commented that kbloebl risks could set the course for a gradual rate hike this year. Lets look at markets across the Asia Pacific Region and see what is happening. We are seeing losses. So far this morning, australia shares down 1. 5 . Over in seoul, the cost k kospi is down 4. 5 . Theres a sharp decline in machinery orders. That means managers are spending a lot less on equipment and facilities. The
17,087. Investors sold shares across all sectors on a stronger yen. Overnight, benchmark Brent Crude Oil fell to below 30 a barrel for the First Time Since april 2004 on the back of a Global Supply glut and weak demand from a slowing demand in china. Lets take a look at currencies, the dollaryen pair trading well below the 118 level again. Currently at the mid 117 levels. And the greenback let go some of its gains overnight due to risk aversion. The dollar euro, that pair is 1. 08. The Federal Reserve official commented that kbloebl risks could set the course for a gradual rate hike this year. Lets look at markets across the Asia Pacific Region and see what is happening. We are seeing losses. So far this morning, australia shares down 1. 5 . Over in seoul, the cost k kospi is down 4. 5 . Theres a sharp decline in machinery orders. That means managers are spending a lot less on equipment and cilities. The officials at the Cabinet Office say the orders were worth more than 6. 6 billion i
Taiwans earthquake, but more than 100 people are still feared trapped. You could not even try planting seeds. It has been dryer than ever disaster zones are declared as south africa remains in the grip of a severe drought north korea has defied International Warnings and launched a longrange rocket. It was fired from a base in the northwest and passed over japans island. There has been widespread condemnation from many. They say the launch is a cover for the testing of a new missile technology. North korea state media made the announcement saying a rocket carrying an earth observation satellite was successfully launched into orbit. The u. S. Secretary general ban kimoon has called pyongyangs actions deplorable. He says it is a violation of the security rulingss. A meeting has been called for later on sunday. The Security Council needs to respond quickly with strong punitive measures. They say they will continue talks with u. S. On a new Missile Defense system. We will have the latest r