I am mark barton, a quick look at the market at the markets. We are going to see a second consecutive day of gains if things stay the same for the next seven hours. The stoxx europe 600 is a by 1 today. The mining index is the big performing Industry Group after slumping yesterday. Credit suisse big jump today. We had a loss, not quite as bad as forecasts and brent crude is up today after reporting yesterday up. 6 . Here is nejra cehic. Nejra chinas Consumer Prices continue to rise at a healthy pace in april, but still a bit low the governments target rate. 2. 3 was driven by prices given the pboc a reason to hold off on another rate reduction. Easing ing to an factory gain inflation. Be his topverty will priority as he claims of victory in the filipina in the philippines president ial election. A zero tolerance approach to crime and corruption. A string of on guarded unguarded comments. As ills political system has fallen even further as an old that bodies vote to impeach the presiden
Behind me. A new forecast just in for Hurricane Irma as florida braces for a direct hit. Live for us in the cnn weather center. Take it away. It is now back to a category 5 storm. Zinds increased to 160 miles per hour. We anticipated it would get back up to a category 5 but it has strengthened quickly. Now 195 miles per hour. It is skirting so close to cuba. In fact it may end up being over land. We may actually have an official land fall overcuba, if not now, certainly within the next hour. The majority is still over open water and thats what has allowed it to intensify. We expect it to be a category 5 as it crosses over the florida keys and for the main peninsula florida lightly weaken slightly down to a category 4. Were talking maybe 5 miles per hour. So dont focus on a category 4 or 5 over the peninsula. Focus on the winds itself. Because they are going to remain strong even if youre docking a high end category four verse as low end category 5. Weve seen the expansion of hurricane
This is mark demaris. Hurricane irma remained a category 4 storm moving north at 9 Miles Per Hour. We expect that to accelerate during the day. The storm made landfall over the cudjoe key area around 9 10 as a category 4 storm. The keys are actually still getting the effects of the storm on the back side. They are not completely out of the woods yet. As the storm moves up the coast we are getting observer reports of hurricane gusts in miamidade. The center of the storm looks like it will be moving you have the southwest coast of florida over the later today. And we have a hurricane warning potentially for the entire state of florida except for the western panhandle because of the large size of this system. We have the hurricane is expected to remain a major hurricane when it reaches the southwest coast. It will weaken as it crosses the tampa area. But this will be a major wind and surge event as well as i rainfall the next couple days. The surge event. Southwest florida is especially v