A little more epic than it is now. There is plenty else going on. The outflow has continued, everyone else is can trying to reenact react. Laws the vietnam vietnamese, you see big things like that, you know things are happening. These are the two things for today. You have china going on, and he said and the fed. They are two big weights. Ways, they said is looking to move policy, and so are the chinese. People feeling that any stimulus would signify a worsening in the economy. The good news is we get Federal Reserve minutes. How much where they worried about chinese stocks then . We did not know how they were responding to the evaluation the valuation. Guy we have a great show. We will be talking about greece. One vote in the netherlands and another in germany, we will run you through those. Lets continue the conversation surrounding the asian market with juliet. Juliet good morning. Ride on the shanghai market. It is down by 2. 9 . Worth lossesn earlier in the session when it looks l
Also coming up, cathe pacific is hit by lawsuits. We speak to the chief executive ivan chu at 10 30 a. M. We are getting news from the Norwegian Wealth Fund following it decline. This is the biggest Sovereign Wealth Fund in the world. It has invested a lot in oil. It has tried to focus more on real estate. Falling 0. 9 . I think that is in terms of revenue. Manus cranny will have an interview, the only exclusive interview for International Media with the ceo of norgas bank later on. That will come to you on the pulse. The German Parliament is right now debating whether to approve the greek rescue package. Hans nicholsrlin has been following the developments closely. We spoke to a key Angela Merkel advisor. He was pretty confident this is the boat will not only go through but will go through with a very large majority. Our next guest says the greek house is burning. Microhe head of rbs credit in research. Thank you for coming in. Maybe a brigade is little bit too late, but in the last 2
The lowest weve seen in 16 years. Brent crude below 45 a barrel. It is making headlines. Is it a rout or crisis . Remarkable hashtags. Mortgage meltdown and a great fall of china. Of us know what you think the stories. We will start with a look at commodities area shares, commodities, and the bloomberg commodities index the lowest since 1999. Lets head over to sydney. Paul allen with what is going on. What is bad for commodities is bad for australia, isnt it . Paul pretty much. It is a commodity currency. We are seeing data being hammered. Miners, rio tinto back in positive territory. The hp bhp is down a little. A fewe are seeing are savvy investors looking at this as a buying opportunity. The picture for commodities is a great one. A glut and growing glut. The bloomberg commodities index at a 22 year low. This is all thanks to china, the Worlds Largest consumer of grains and metals. No surprise, a slide. Copper, for example, supply exceeds demand by 151,000 tons. A glut in oil with i
Are squeezing out rain before the month is done. Today is the last month is done. Today is the last month of what meteorologists call summer, so month of what meteorologists call summer, so provisional statistics show some overall has been wetter than average. Its been a cool august. But then again, june was quite warm. They are a bit offset. Overall it wood looks like summer will turn out to be slightly warmer than average but more mediocre than marvellous memories of summer 2017. Today, we are dodging the downpours. We are certainly seeing some really heavy thundery downpours out there, slow moving and light winds. They tend to stick around. Some fairly warm sunny tend to stick around. Some fairly warm sunny spells in between. As we go through the afternoon, Late Afternoon and evening, or western scotla nd afternoon and evening, or western scotland and Northern Ireland, most showers will start to fade. Some hefty ones in north east england at the moment, some will continue. Theyve ea
Its drive to create a Global Television network. Shares and costs are rising as subscribers switch on. Have amedia influence, i cool chart that shows a much immediate talk is affecting the market. Btv 5195. The blue bar you see on the bottom, they represent how many times you hear in the media, buy the dip. Since 2002. The more you hear this, particularly in the last several years, the higher the markets go. Maybe we have solved the puzzle. Why do these markets keep going up despite all these terrible headlines . Us, really. On saw interesting moves overnight. Not just stocks but also with dollar treasuries. He really is becoming more of a serious contender. Thet yellen speaking with president this week as well. I would love to be a fly on the wall at that meeting. John taylor now emerging as a front runner. The markets as you mentioned, they continue to move higher. We were reaching records again for the s p. The dow gaining 85 points. Nasdaq also higher by 3 10 of 1 . Not really gett