Alix lets take a look at that. Yields have lost 13 basis points this week. The dollaryen as well, the lowest level since november. Of gold is getting a bit it, up five dollars. Copper is getting hit along with other base metals. Of there is not enough to impact weaker dollar. Up, we getng secondquarter results from kroger. We will spot talk to the cfo. President will be speaking on consumer finance. Right now, lets get enough date on the business world. Taylor the hurricane weakened overnight. It is still on a collision course with florida. It will bring potentially deadly storm surges. It has been downgraded to a category 4. Has triggered a record evacuation from the miami area. Could become the most expensive Natural Disaster in u. S. History. It is already tattered small caribbean islands. A major mexican earthquake has killed at least 15 people. It hit near the border with guatemala. President called it the biggest mexican earthquake in a century. In israel, the wife of Benjamin Ne
This is bloomberg surveillance. We have a packed show for you. We have that great interview that john cryan gave us, talking about the restructuring. We also have to look at the markets. We look at china, what the fed, janet yellen told us on friday. This is the picture overall. I want to put a lot of these european stocks, Deutsche Bank down some 5 . This is after john cryan said he has a new strategy, including asking the markets for 8 billion euros. You can see a little bit of dilution in the share is what we were expecting. 0. 6 it overall, seems that european shares are being cold lower, first of all because Deutsche Bank is tumbling, but also because the metals are lower. Investors weighing Growth Prospects for china and Janet Yellens statements on Interest Rates. Geopolitical tensions also bolstering yen. I want to show you topix. 1554, a little bit lower because of japan moving to its highest possible alert level after north korea fired of the state missiles. First, lets get to
Trump administration. Joining us are two former members of the federal communications commission, robert mcdowell, republican member, served from 20062013, and Michael Copps, former member on the democratic side, 20012011. And, in fact, served as acting chair for about half a year. Michael copps, you were there during a president ial transition. Whats the process like . What happens at this point . Guest well, i think the process is going to vary from Incoming Administration to Incoming Administration. Youre in the middle of a transition now. We hear rumors about whos in and whos out, is there even a transition going on. I assume there is. I hope that the business of the commission will continue as we go between here and january. There are a lot of items teed up that Republican Commissions and democratic commissions both have worked on in recent years, and i think its time to put some of those issues behind us. Therea whole negeraon ofelomnitis su o e,ndrsm a co those whats the future
David and maybe give us an indication whether we can keep that stock rally going. Alix indeed. We have great guests including dan yergin. He will reveal how the outcome of the president ial election could impact the shell business and his outlook for oil prices. And pimlico c. I. O. Will join us and take us through the u. S. Open. The market really calm today. Jonathan very calm. The dbacks down. 1. A quiet turn to fridays trading. The bloomberg dollar index, about a 10th of 1 . Year gild yields down by 20 basis points. Were turning the upside down a little bit. Were up by about four but coming up record lows on gild. The 10year treasury note coming in too. A 30year auction and worth 15 billion worth. A bit to cover which gives you an idea of the demand was low. And we had a selloff across the curve. Commodity market, down. And down about a 10th on crude. W. T. I. Had a massive rally as weve seen. But a lot of it on the back of a happy talk on another opec meeting for some stable accus
Soviet union has died of a stroke. He will be buried tomorrow. Islam karimov was 78 years old. An official in South Carolina says Tropical Storm hermine brought scattered reports of flooded roads and power outages, but no major damages. Hermine weakened to Tropical Storm strength as it moved across the southeast. The system could hit connecticut and rhode island through labor day. Global news, 24 hours a day, powered by 2600 journalists and analysts in 120 countries. I am taylor riggs. This is bloomberg. Bloomberg west is next. Emily im emily chang, and this is bloomberg west. Coming up, Vladimir Putin rejects accusations his government hacked the Democratic Party, but he says whoever did it did the public a favor. Our exclusive interview with the president of russia. Baidus vision of the future includes robot taxis and digital personal assistance in every home. Our chief executive interview this hour. And samsungs bid to compete with apple may be going up with going up in flames liter