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If she could. The latest. And counting the cost. We had to miami where Hurricane Dorian is capable of causing billions of dollars in losses. Newseen we have breaking out of south korea. Looking at the inflation numbers. Yearoveryear is flat. 0. 6 in july. Forecast to be up 0. 2. This is now the lowest inflation rate yearoveryear for korea on record. Pointing out they are missing falling into deflation for the first time. If you look at the core cpi, it is up 0. 9 . It takes out food and energy. Energy has been under pressure. If you are at the bank of korea looking at this, you have to think this could raise pressure for the bank do something at their next meeting. Gdp coming in for the Second Quarter at percent. Prior, 1. 1 . A small difference, not superstrong. Yearoveryear, 2 . Probably considered enough for the bank of korea for now. That number will catch a lot of attention. We will see how markets react. Lets look across asian market. You can see the red on my board. Asian tradin
MiamiFloridaUnited-statesAustraliaJapanTokyoShanghaiChinaUnited-kingdomHong-kongIranArgentinaAbout what you need to note this morning. Chinese markets have reopened but remember that the u. S. Is closed. It is labor day. No action stateside today. Friday that was probably a little inconclusive. On therkets closing downside. Not as much as the European Markets did but nevertheless lowered. The payroll data was weaker but was it really conclusive enough to drive us either way when it comes to making a decision on what the fed will do. I think that was a markets conclusion as well. We ended up softer but there was not enough action around the payroll number. It did not change the argument very much part lets talk about what is happening over in asia. Ist we have seen over there the Chinese Market is reopening. The pboc stating clearly that the worst is over. The question is, is the worst over . That is our twitter question of the day. If the chinese turmoil nearly over. I want to look at this chart. We talk a lot about charts here at bloomberg. Here is when you want to Pay Attent
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