sometimes there is an economic crisis because of all the events that cannot be predicted. this is self inflicted in downing street with backbenchers last week. humiliated, abused and isolated for weeks patients put at risk due to a toxic culture at one of the uk s biggest mental health hospitals, bbc panorama reveals. health officials are urging those eligible to get their flu jabs and covid boosters. experts have warned of a big, and early wave of the flu this autumn. millions of people in florida preparing for life threatening storms and there will be high winds and flooding at hurricane ian approaching. the bank of england has stepped in to prop up the government bond market, after uk interest rates soared, and gilts tumbled, following the government s mini budget. the bank warned the market s reaction to the government s measures now represented a material risk to uk financial stability . it says the market for gilts, in which the british government borrows, has beco
Welcome to daybreak australia. Were counting down to asias major market opens. Annabelle a flat lead in for asia with stocks nearing alltime highs. Jamie diamond said the bank wont buy back a lot of stock at current prices. Haidi a high anticipated earnings report. We hear exclusively from the c. E. O. Jenseng on. Annabelle a lot of speculation after the iranian kings death. Sydney futures down about a on the 01 . The nikkei futures seeing a bit of weakness. Pretty cautious setup from wall street. We are waiting for nvidia numbers, the crux of the frenzy, and can it sustain another leg further . We are seeing futures to mild losses in hong kong. A bit of a dip in australia. Perhaps a little bit of a gain in japan once we get start. Remember, were trading pretty close to near alltime highs for a lot of these major markets. Thats right. It was pretty much the same story in the u. S. Session. We had u. S. Stocks sitting around the multiyear highs. Treasury is inching lower in the session.
Last three years. An intriguing session in shanghai. The composite staging a huge comeback after a volatile trading session. Hong kong shares in the red. We have Ralph Acampora. European banks taking a hit as the future of greece and the euro zone hangs in the balance and well look at the true cost of a greek bailout. Meanwhile, gopro unveiled its smallest camera ever. The stock is not getting a lift on that news. Well hear what Ceo Nick Woodman has to say. You can carry all these things around. You put your phone up here too . No i dont. Crude oil in a tailspin. Jackie deangelis live at the nymex. Good afternoon. We saw oil shed 4. 40 to finish the session at 52. 53 selling pressure intensifying as we got towards the close. You mentioned demand. The situation in greece pushing us over the edge. Here in the United States gasoline demands falls off after the fourth of july weekend. You have the perfect storm to go lower today. We are also watching Nuclear Talks with iran. We know from s
Thats still the case. Reaction to the north korean overflight also the euro is on fire. They dont want that. Tenyear yield. Look at that 2. 10. Jamie dimon must be thinking how am i going to make that how am i going to get my Net Interest Margin . Home prices is just out. Report for june shows prices up 5. 8 compared to a year earlier. Up 5. 8 that was a bit more than had been anticipated lets get to our road map this morning. It starts with that north korean provocation. A new missile test that flew right over the main japanese islands. President trump says, quote, all options are on the table plus, best buy is moving lower although, the numbers cautionary on the call, saying this is not the new normal. Were going to get into it, of course, here, and explain what exactly is going on of course, well be following the continued catastrophic flooding paralyzing Southeast Texas. Tropical storm harvey now one of the most destructive storms in the nations history and the rain, as youll see w
Look at what is going on here in the u. S. , we do have a bit of a rally, but stocks still set to finish the week down. The nasdaq up. 5 . Technology relatively strong today. That seems to be a theme, even as we are getting this waiting game in washington. Drifte been seeing this for u. S. Stocks ever since all three major averages closed at records back on march 1. Before we get to health care again, i want to mention other political headlines. The trump travel ban has been upheld but previous rulings blocking it remained. This has to do with a ruling that took place in virginia. We will bring you developments on that as well as we get more details. Get back to health care and ahead of that big boat today, President Trump weeding President Trump tweeting this is finally your chance for a great plan. Lets go to Kevin Cirilli. He is on capitol hill. There are enough folks who dont think it is a great plan. Quite a rocky road here. What is the current picture look like . Kevin we are in