26 inches of rain in 24 hours. It is every bit as bad as it. The volunteer navy back in action. They just showed up when word got out that the texas Louisiana State line was in deep trouble in deepwater. The flood came suddenly and those suddenly and though sukarno could take very little with them. This is a new wave of evacuees. Another spike in gas prices. You are paying more at the pump right now as we go into the labor day weekend. For since more than yesterday but the wholesale price of gas, rising sharply youll be paying even more next week. It was just one week ago today when word of this disastrous storm for surface. Meteorologist janice dean shot everyone went on this program she forecast 25 inches of rain to south texas. Many places eventually got double that. What a week it has been. Jam pack show for you. The stock market continues to rise in the north korean throttle rocket and threaten to bomb again. Varney company is about to begin. Train to now come in about half an hou
Rule. It is about geopolitical, the alpha today. Haven assets,e golden yield. 9398 shows the correlation between golden the yen, moving more closely. And the yen, moving more closely. If you think that is suggesting people rushing to haven status, it is roughly down to that when it comes to the next chart, 1861. There we go. 4500, just having come off the top of that, but it has clearly outperformed when we see the treasury bills, gold, and the yen. That is what we have at the moment currently. Haidi absolutely. Cycle ofck into this risk off and what happens over the next you days as that risk receives and investors get back into the market. This First Nuclear test of north korea of the Trump Administration and whether that is a game changer. A risk off but orderly mood so far in this asian session. We are 30 minutes away from the open in china and hong kong. Sophie korean assets in the spotlight. We are seeing whether we will see a recovery halloween this kneejerk reaction, which has
Bloomberg daybreak europe. We start the program by looking at brexit, one year on. We mark the oneyear anniversary since the brexit about. Lets have a look at the Bloomberg Brexit parameter. This is based on proprietary indexes that have been made by bloomberg and u. K. Inflation. Economic activity and that inflation adding up, which has been deteriorating in the most recent months. The start of this brexit process. Uncertainty weighed on this index. Data was clear up the start of the one youre period, helping some of that data to bounce back. That tradeoff between growth. Nd inflation growth trend we will talk more about that in a moment. We had 3 million e. U. Residents having in the u. K. That was news out of brussels overnight. That does support the pound a little bit. 1. 27 on the pound. Here is the risk radar. A lot to talk about on the commodities story. This is where we are on the oil price. We are up, as you can see. Were a bungled as well. Wti before below 40 a barrel. Gold b
Ignites. Top democrats say a law may have been broken. Manus just on 8 00 a. M. Across the emirates, 5 00 a. M. In london. Im manus cranny in dubai. Angie and im angie lau in hong kong. Welcome to Bloomberg Markets middle east. You know what were watching today. It is about commodities here. Around theeal swirls mindset of not only the middle east, but here in asia and across the globe as oil extends the decline here. Whether or not it is going to intellect that reflation story that we might be seeing in 2017 on the back of a deal, and Higher Oil Prices. Right now, we are seeking a split. And whether or not were going to get a deal in november, manus. Manus absolutely. If you look at daybreak, Hillary Clinton is on the front. Today it is all about the peso. The new york peso tumbled by 0. 8 on friday. This is the trumpometer. That is what were calling it a bloomberg. That lead Hillary Clinton had has dissipated. Shes got 46 . Trump has 45 . It is all about the swing states. Democrats a
He said it in 1945 after the spanish civil war ended and it goes Something Like this. Men of my generation have always had spain in our hearts because we learned that you could be right and still be defeated. Courage is not its own reward. And it goes on like that. American800 volunteers went there. They were among the 35,00040,000 volunteers from over 50 countries, and of those 2800 americans who went to spain, 750 did not come back. That is a higher death toll percentagewise in the military than any of the world wars. Brian what were the years of the spanish civil war and why was it fought . Adam it began very suddenly in july 1936 and lasted until the beginning of april 1939. So, almost three years. It was an extraordinarily bloody and brutal conflict. Essentially, here is why it had begun. For many centuries spain had essentially been a monarchy. In recent times, a time of military dictatorship. In 1931, the king left the country. They held elections and it became a republic. The s