The yield curve inverts again, the fifth time in the last week but stocks are shrugging it off. Weaker than expected manufacturing data and this season of retail volatility continues sharp moves in the stocks with more earnings movers coming in the next hour. Watching signals of the Federal Reserve. Philadelphia fed president harker throwing some cold water on any imminent rate cuts. In december i was not supportive of the increase i was supportive of the decrease somewhat reluctantly this time around to get us back to where policy should be were roughly where neutral is i think we are roughly where neutral is right now and i think we should stay here for a while and see how things play out. Well get another view from the Federal Reserve in the next few minutes here on closing bell. Coming up, an interview with dallas fed president Robert Kaplan with steve live from jackson hole joining us for the entire final hour, is mark leeman mark, it does feel like theres a little more optimism o
Latest from delhi. And what to do about concerns over racism in german football one Lower Division team has fired its captain and a top flight from bonus league team could be taking action today against. Brian thomas thanks so much for joining Us North Korea has launched to blow stick missiles the 4th missile test in the space of 2 weeks north Koreas Foreign Ministry saying the missile tests are a response to continued joint military exercises by south korean and u. S. Troops according to south korea a short range missiles were launched near the port of quail and plunged into the sea off the west coast of the peninsula these tests come as negotiations between washington and pyongyang over the Nuclear Disarmament of the north of stalled. For the very latest lets bring in our correspondent fabienne creche for joining us from seoul good day to you fabienne with joint military exercises underway and these new missile launches how tense is the situation right now on the peninsula. Well its
M its good to have you with us today members of the European Parliament made history by electing the 1st woman to be Commission President that woman germanys outgoing defense minister ursula fun. Now she will succeed john called younger in the top job after being voted in by a narrow margin of just 9 votes underly and will be as we said the 1st woman to ever serve as the Commission President in the European Union. Of underlined as promised a united and strong europe saying that she will work constructively and pragmatically to achieve that we want to go live now to our Brussels Bureau chief rex hoffman he is standing by at the European Parliament in strasbourg and i think i understand he has the newly elected president with a mass. Thats right brant we do was alive on the line is with us today and i have a very simple question the start of the interview are you feeling. Relieved and happy because it was a tough ride over 13 days now i had to. Formulate the guidelines the political guid
Highest ever levels in many countries over the next 2 days well tell you how to stay safe in this extreme heat also. They are thank you so much for your Company Everyone we start here in germany worth already say a suspected right wing extremist has confessed to the recent killing of politician balta luka the suspect named only as stefan was arrested a few weeks after the attack all to look at was killed at close range at his home in the western town of castle earlier this month and we can talk about this a latest development with our correspondents maximiliano kosik who is in our parliamentary studios max good to see you so the suspect i understand has confessed do we know more. Yes what we know so far is that this suspect stephanie has confessed after an interglacial last night this was confirmed both or taze and the federal minister for internal affairs this morning here in berlin what we know so far is that he claims to have acted alone this has not been confirmed by authorities an
Johnson as the next Prime Minister she will have at the table as so she really has her job cut out there is no way for a no place for envy in this i mean this is a really International Top job this is the big prize however it is also be going to be very hard and very difficult shes going to need all her toughness to survive this all right 1st shell have to get past part of course barbara vessels for us in brussels thank you barbara come back till a bit later well lets talk about one of the other big posts shes the head of the i. M. F. The worlds 3rd most powerful woman according to Forbes Magazine now it looks like shell become president of the European Central bank Christine Legarde her career might lead her to frankfurt and in her potential new position at least one thing will be familiar to her. Christine lagarde certainly used to being labeled as the 1st woman to. For example she was the 1st woman to become finance minister in france in that position she burnished her credentials a