right now. an extraordinary new israeli offensive in the skies of gaza you re probably going to see a significant reenforcement of israeli ground forces did occur. israeli officials saying that they have encircled gaza city. cut the north off from the south. fears of a second war along israel s northern border intensifying, the leader of hezbollah is expected to break his silence. hezbollah fighters saying their fingers are on the trigger. you have secretary of state antony blinken back in israel. can the united states tell its ally how to fight a war? how we can set the conditions for a durable, sustainable peace for israelis and palestinians alike. there are just weeks before the public calls for a cease-fire becomes untenable. we can get the hostages out, we can get humanitarian aid in. this hospital will turn into a mass grave. there s nothing for this place other than a place to come and die. good morning, welcome, i m phil mattingly with er
protest, guys. steve: it s 2:00 in the afternoon, thank you very much. it is 2:00 in the afternoon there. it is 8:00 in the morning here. third hour fox and friends starts right now. lawrence: fox news alert right now secretary of state blinken is meeting with israeli president after arriving in tel aviv overnight. commend you people of israel, for your moral clarity and incredible speeches. as to fate of the hostages and tragedy that has fallen on our people and of course as to inherent right of the israelis to defend themselves. it is good to be back in israel. these are difficult days, but we re here in solidarity with israel. brian: earlier he met with prime minister netanyahu. blinken will hold his own press conference soon, it will be big, we will carry that live as it comes. he visits as biden administration pushing for a pa pause, they say to get humanitarian aid in and it is already in and hostages out, when has that worked? steve: all about political
The entire week is also thin on data releases with no market movers in the euro area and only tier-2 data in the US. Focus will be on Fed commentaries after last week's meeting and the University of Michigan survey on Friday. From China, we receive CPI figures on Thursday while Tuesday brings wage data from Japan. On Friday, UK GDP figures are due. The Reserve Bank of Australia meeting on Tuesday will be interesting as markets are pricing a 55% probability of a hike.
The October jobs report from the Bureau of Labor Statistics provided more grim news of a faltering economy. The unemployment rate increased to 6.5 percent, up almost two full percentage points from a year ago when the unemployment rate was 4.8 percent. The total number of lost jobs for October was 240,000, but of greater concern were the sharp downward revisions for the previous month. Congress should pass proposals that create a strong foundation for economic growth and increased employment. The October Jobs Report