A lot of these stocks are struggling. Ofare seeing a little bit trading volumes. You can see ibex by far the biggest loser. Almost down 1 . The tax cut in the u. S. Has been priced in. They now want to focus on 2018. Volatilityin so much heading down from 50 . He had some just 15 . We had 15 . We had some good stories. Coming up on the program, we are plenty more of catalonia. Garcia. Joseph that is coming up. We have a brexit show looking at the 2017 negotiations and little willater, jason furman talk. We will talk about the shutdown and whether that can be avoided. Lets get to the bloomberg first word news with Sebastian Salek. Cooks the u. S. Senate has given approval for certain extending u. S. Senate has given extension. R such an the final measure will maintain current levels of spending through january. It will provide 4. 5 billion in emergency funding. China has signaled it is ready to back another round of sanctions to north korea. The Un Security Council to set the vote today
Than 100 people needing hospital treatment. Round three of brexit talks. Uk negotiators say they want flexibility and imagination from the eu. Good morning. Coming up in the sport arsenal manager Arsene Wenger asks fans to keep the faith after what he calls a disastrous 4 0 loss to liverpool. Invented byjk rowling, played by harry potter, and now a real life sport. Well bring you the action from the first Quidditch Premier League final. How much easier wouldnt be if you could fly . So much easier, but health and safety would have a field day. And the weather. Good morning. A dry and warm day. I will have all of the details for the uk forecast as well as an update on the situation in texas in about 15 minutes. Thank you. Good morning. First, our main story. Catastrophic floods are causing devastation in houston as storm harvey continues to batter texas. Parts of the city have seen two and a half feet of rain in the past 48 hours and more is forecast. So far, emergency teams have rescued
The busiest days we have had in a while. Extending declines at the end of the week, said to be dominated by the central bankers. We are seeing persistent, low inflation. The dollaryen and gold are train lets get straight to the bloomberg first word news. Reporter off the coast of singapore, 10 sailors have been injured and search and rescue efforts are underway after the uss john mccain collided with a cargo ship. Significant damage to the hull triggered this. South korea begin their military drills today, actions that could lead to war. This follows weeks of heightened tensions, including kim jong guam. Hreat to attack the u. S. , mexico and canada have ended the first run of talks on the north american trade agreement, saying commitment to wrapping up the negotiations with a farreaching deal. The next out of talks is scheduled for the start of next month in mexico. A then moved to canada later in september and back to the u. S. In october. Additional rounds are being planned for the
Good morning. You are watching the pulse. I am guy johnson. Francine lacqua not here today. She will be back on monday. Mark reckless of the u. K. Independent party has claimed a victory in the rochester parliamentary by election. Maybe a slightly bigger win was anticipated. , he madectory speech the point that ukip is gathering momentum. I wish i had the words to say how grateful i am. This is your victory. If we can win here, we can win across the country. If you vote ukip, you get you cap. Get ukip. Rec list affected to you cap from the conservative party. The chancesraises that more mps could make the same move. Speaking earlier this morning, ukip leader nigel farage praised reckless. These men have left the conservative party and had the necksge to put their on the line by forcing by elections. The kind of behavior we havent seen in british politics for half a century. Nigel farage speaking to anna edwards earlier. Rob hutton joins us on the phone from rochester. Good morning to y
The pulse. We are here in london. I am guy johnson. Quite a week hasnt it . Equities are selling off a bit after a gap us morning. Everybody is trying to figure out what happens next. For thes are concerned eurozone recovery and if it is faltering. Mario draghi is worried as well. Speaking of washington dc, movement is needed to fight inflationary forces. People, butean delivery, price and stability. Which today means lifting inflation from its excessively low levels. We will do exactly that. Alarmingd some of things last night, and my mind. He talks about how the euro will take a turn for the worst. That probably tells you everything you need to know. Jon ferro, you have been talking about all morning. Its beginning to go on offer again. Getting to a little bit of a point, this week is different for me. Littley that we have had lips and selloff, but this week feels different. Volatility is back. Mario draghi is talking about taking more of an active role with the ecb Balance Sheet. Ad