A warm welcome to bloomberg daybreak europe, our flagship morning show from here in london. Manus where waking up to her we are waking up to a complication of global risk, north korea bringing tensions to bear. The on markets are moving and this is the impact, 78. 02. The lower dollar or risks and north korea, the daily prophet says we need to start paying attention, gold is at 2017 highs. It is not just a technical move. Positions are the most bullish and 11. , the prime 12 hours minister of japan said this is a grave and serious threat. Launching the missile over japan. The markets seem to be rattled more than they were last week. Anna markets are rattled and the gold went through 1300 a troy ounce. Going onomething else with gold even if it is just about dollar weakness, to what extent does that matter if this is the driver, if this is happening in the gold markets. Lets put up the border risk radar. And other assets we are keeping an eye on this hour. That is not what it looks like
Between boeing and canadas to protect jobs out of a plant in northern island. The government relies on both both parties to pass legislation. Boeing wants the u. S. To impose tariffs on planes. The United Nations says the number of refugees fleeing the about 370as spiked to thousand. The official estimate today is more than 50,000 higher than yesterdays. Thousands of muslims denied. Itizenship have fled on foot the u. S. Has condemned the violence in the u. N. Says flights have been arriving at nearby nations with supplies. Global news global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. Were 30 minutes on the close of trading. Stocks continuing to act at records. The s p just shy. The question is whether you miss . Introducing the iphone 10. Tim cook and company betting that consumers will line up for a 1000 Something Else anticipated, in turn around strategy for goldmans trading business. The
Its iphone 10. I want to know what theyre going to do in two years after the iphone 9 is introduced, what are they going to call the next one . Already have an iphone 10. Skip to the 11 . I digress we have all the details of all the new features on that. Plus Business Leaders are making news at cnbc and Institutional Investors delivering alpha conference. Well take you live there in a little bit. Jp morgan chair Ceo Jamie Dimon is about to take the stage any minute now that conference. Well bring it to you live as it happens. Hes already making headlines today saying the bank may no longer give intraquarter trading guidance and saying bitcoin is is a fraud wow that was thats gotten everybodys attention there. Equates it with tulips if you dont know what hes talking about, look it up, kids. Lets start with the breaking news out of apple there in cupertino at the new headquarters Brian Sullivan is there with details. Brian . Reporter hey, bill and kelly, thank you very much a lot to wrap
The dow and s p closing at record levels, the 32nd record close in 2017 for the dow, the first record close in more than a month. What is left to buy . Weve got some ideas we start with the breaking news, the biggest day for apple in the last ten years the expect unveiling its new iphones, lets get straight to josh lipton at apple headquarters reporter hi, melissa the new iphone finally getting revealed today, the iphone x ceo tim cook was on stage, he introduced the device right behind me here at the steve jobs theater in cupertino take a listen. We do have one more thing this is iphone x it is the biggest leap forward since the original iphone. Reporter among the new features, an edge to edge 5. 8 inch oled display. No more touch i. D. , instead facial recognition to unlock the device apple says that is more secure than touch i. D well wait and see whether consumers agree. New and improved camera system when you looked at surveys at what people were looking for, an improved camera wa
In the market now. Julie very little changed after simultaneous records for the major averages. That is the first time all three have closed at a record its july 26. Taking upo upon is after a couple of games. That is the balancing act that we are seeing. Apple was lower in early trading and it remains lower as we get underway at half hour after the start of trading. In mind that apple shares have rallied about 40 this year. Sos the best rally far and analysts have been positive on introduction of products, including the iphone 10. One small caveat is the shipment date is a little bit later than some expected. That could push some of the sales into the following quarter so that could explain a little bit of the pullback here this morning. The other stories were watching stock wise are nordstrom on report that private equity firm Letter Agreement partners may help fund a buyout to take the company private. The Nordstrom Family said it was considering a buyback in june. The family is not