Out in the citys popular Oxford Street as Police Respond to an incident and tell people to stay off the streets and the nearby subway station is briefly evacuated well go live to london for the latest also coming up a massive attack rocks egypts Sinai Peninsula killing at least two hundred thirty five people state media report the gunman bombed a mosque and opened fire on worshipers during friday prayers. Plus are germanys social democrats bowing to pressure their leader has been used to talks on a possible coalition with uncle americas conservatives amid efforts to find a way out of the political crisis also quote myself. If you were. An instant. President ever some god way takes the oath of office cheered on by tens of thousands of people in v. I. P. s at the National Sports stadium zimbabwes second president also p. Tribute to Robert Mugabe. Thank you so much for joining us we start our broadcast with unfolding events in Central London that city on edge after Police Respond to an in
Good morning welcome to Worldwide Exchange. Im sara eisen im wilfred frost good morning to you from me as well its new music friday. We are kicking off with taylor swifts new song highly anticipated. But not very good i cant tell. Came out overnight i listened to it once upstairs with the team what did the team think. All disappointed, apart from the number one taylor swift fan, karissa. Well have to listen to it a few more times youll hear it more on the show it is new music friday first lets get to the big developing story out of the gulf of mexico, Hurricane Harvey gathering strength the storm a category 2 hurricane. It is expected to make landfall in Southeast Texas later tonight. Harvey is forecast to pack a punch bringing torrential rain, heavy flooding and damaging winds. Widespread evacuations have been ordered up and down the texas gulf coast were seeing a big reaction in the Energy Markets as harvey takes aim. 1 higher for crude prices right now. Same with rbob gasoline, that
Investors read main concern about remain concerned about the referendum in britain. Do let us know what you think of our top stories. That is my handle, rishaadtv. Please use trendingbusiness. Negativity in the index futures, indicating a mixed picture. Trying to make sense of this market. There are conflicting catalysts. Sidelinedincreasingly as voters go to the polls. Saying when we are it comes to sydney, hanging onto gains. Japanese stocks falling for the first time in four days, the nikkei 225 down. Kiwi stocks down. Entering the fray, straight times index singapore stocks up. Seeing some good gains. The regional benchmark falling. Quite a bit of weakness. Yellen and janet that first day of testimony, striking a cautious tone. Not as impactful given that it comes on the back of the decision to hold again. We take a listen to what she had to say. Cautiously will allow us to keep the Monetary Policy and support to Economic Growth in place. This is while we assess whether growth is r
We had a dip in the major averages, but they have since come back. The s p has in leading gains. The dow and nasdaq and that, each up by about. 5 . We have a lot of anticipation for tomorrow when we will hear from the ecb. At the bull market and go back in time. March 9 2009 as the date it was born in weve seen almost 200 appreciation in the s p 500 with some hiccups to be sure as of late. What is notable about the bull call it theople most hated bull market, it is also a long bull market compared with past once. This shows the s p 500 and here is the bull market. Here are the fund flows. 2012, we beginning of have seen outflows at a time when talks have been climbing, so theres a disbelief all the way along that the bull market would continue and yet somehow it has. Scarlet the most hated bull market. Thats the most appropriate title. Lets talk about commodities because we got a fairly bullish inventory report. Julie on the face it didnt look alleged a week over week, it dropped becau
Watch. Jpmorgan today says buy the bounce. Well talk a lot more about that later this morning. Our rolled map begins with the markets trying to hold their ground after one of the worst days for equities. Like we said, in eight weeks. Dells profit falls 72 as the Company Looks further out to that potential future under private ownership. And described as an unusually stylish geek. Yahoo s ceo Marissa Meyer is in vogue, literally. First up, more signs of wait for prompter here. Seemingly weak economy, Housing Starts up at zoom but below consensus. Mike, how much damage was done yesterday with dow below 50day moving average, the stocks, financials, the transports, all the same . The market ak acted ragged but yesterday it hit it. To me its not just the fear of the fed taper. Its a fear of the fed taper at the same time that Everything Else doesnt look unequivocally great. I also find its interesting how the market doesnt like when labor market data is better than other Economic Data becau