Dani good morning, welcome to daybreak europe. Lets get the top stories that set your agenda. The u. S. Bowing. Or for israel but not everyone is on board. Turkish president erdogan criticizing the move. Elsewhere treasury yields drop with some of the biggest margins this year and hope the fed may be done with raising Interest Rates. Plus we look at one of the biggest luxury goods makers in europe as demand cools, on the other hand the micro market for microchips may have turned the corner. We dive into the numbers. Those are your major market headlines. There are a lot of geopolitical factors, what is it mean when you look at the Bigger Picture . Simply the idea that youre looking at a drop in risk sentiment, it comes a little bit from asia but the idea of the geopolitical volatility right now, what is interesting is that europe did rally by a big amount yesterday. It might simply be a little bit of a paring back, remember we also got those sales numbers, the heavyweight in the euro s
Carry, jones and this is out of here. A lot from down also coming in israel is Prime Minister says that every member of how much is a dead man as a country, forms of what time, emergency governments and keys, because mazda full salons in israel sends people scrambling for shelter. The in time neighborhoods in cause a have been reduced to rubble. At least 1100 palestinians have been killed during a Relentless Campaign of is rarely strikes. Causes solar power plants has run out of fuel. And medicines on a Central Supplies are running out. In the lci, it has more now from concept a gets her baby a final kiss before shes or hes taken away, john or the great one glimpse of the tragedy spreading through gauze. This is set to date. How to use or bearing the brunt of 4 on the scale they havent seen before. Theres been new laptop in the east relief on boardman of the inquiries. On wednesday, these aerial shots show the extent of the devastation, is really our strikes have reduced buildings to r
Including heavy losses among civilians following her mazda attacks. The e r watching r t international. Im rachel ruble live in moscow at the very latest on these really hum us conflicts. Spiraling violence in the middle east as the complex continues to escalate between israel and how mosque militants leaving. Thousands of innocent people, dad or injured, almost 200000 people have reported leave flood their homes and does a, making it the highest number of people displaced in a decade. With many children caught in the cross fire and warning you may find the following footage, disturbing. The, the the the, the, the israel has cut off supplies of food, water, electricity, and the fuel to go as a, thats expected to deeply affect the 2000000 people in the region. Allison in president abbas has called israels embargo, a crime against humanity the even those already wounded our targets as a garza and hospital was hit by rock of fire overnight. Over 700 people have reportedly been killed and
On squawk box, mohammed el. S p giving back about 40 of the gain from friday. If you look at a longterm chart, its hard to identify these conflict points as being turning points. That being said, the market is in a rational, localized way, punishing those groups that seem like theyre going to be, perhaps, disadvantaged, like the travel related. You get a bit in defense and energy. Its reflex. Theres a lot else going on. We kind of had a cushion because oil prices backed off from their highs. Treasury yields, theyre proxies based on futures and etfs look like theyre easing back a bit as well. You know, i think sentiment was already pretty reserved. It wasnt like everybody was bullish and excited. Therefore, there wasnt a lot of Risk Appetite to immediately take out of the market. On oil, is there a sense it does anything more than set a higher floor . I dont think so. You can make the case in either direction, it doesnt have much impact or this geopolitical risk premium that should be i
Right toward us. Welcome back to fox news live in our second hour, im Jacqui Heinrich are. Griff less than 12 hours to that potential shutdown on a busy saturday, im griff jenkins. We have Aishah Hasnie standing by On Capitol Hill, but first, i believe congressman matt gaetz is speaking. Lets listen to him and see what were hearing. He made another promise to President Biden, he made a third promise altogether to house appropriators. So kevins deal was if he made multiple Con Rah Districtly promises and delayed as long as possible, he could push people up against Shutdown Politics in order to avoid the the program mat ificlevel review that House Conservatives [inaudible] [inaudible conversations] i can tell you, House Democrats are about as interested in this question as all of you are, and they continue to ask me, and and i continue to give them the same answers im giving you with. I want to see the House Of Representatives fund this government not with one up or down vote for all the