Hello. At least 20 people have been killed in an explosion at a fuel depot in the disputed territory of Nagorno Karabakh. Thats according to armenian separatist authorities, who say 290 people were also admitted to hospitals. They say dozens are still in critical condition. Armenia now says over 13,000 people have fled across the border, amid fears of persecution and Ethnic Cleansing. It comes as armenia and azerbaijan are due to meet in brussels tuesday for eu backed talks. Itll be the first such meeting between the two countries since azerbaijan seized the enclave last week. Nagorno karabakh is at the heart of one of the worlds longest running territorial and ethnic conflicts. Its recognised internationally as part of azerbaijan, but has been controlled by Ethnic Armenians for three decades. Bbc russian s Nataliya Zotova sent this report from goris, near the border with armenia. The exodus of refugees started late sunday night. Some arrived in the border town of goris in ambulances e
The trigger on the economy at home but if youre looking at inflation that is where the concern is and those inflation was have piled on since the july meeting. Continuingd a spiraling lower and oil prices and that will eventually push back a fed rate rise. Only about one third think that a rate hike will happen in september. It used to be a 5050. Beforenny isnt it when we thought the stimulus would end in the u. S. The market would selloff. Now a delay in the rate rise and the market still sells off its because they are focusing on why the rate rise will not come. By 1 10 of a percent. We will be seeing how all of these markets open across the board and there will be some interesting movers. Keep your eye on richemont. We are talking watches. The exports from watches are following. Down 40 in china. That is a phenomenal statistic. That is showing the woes of Consumer Sentiment in china not wanting to buy foreign goods and especially not after a devaluation. Think about what august is g
Than hurricane katrina. Haidi hello from sydney where you past 5 00 a. M. This is daybreak australia where it is just past 5 00 a. M. This is daybreak australia. Betty we will look at how all of the action over the weekend is going to play into the asiapacific trading day. Our top story today, the only thing that is on investors minds is the rising threat of Nuclear Attack by north korea. They have successfully tested a right to bomb, claiming they can put a similar device onto an icbm. North korea saying it has the exclusive force of 100 kilotons, six times greater than the bottom u. S. Dropped on hiroshima to end the second world war. To put it mildly, it has investors and everyone in the asiapacific quite rattled. Getting headlines, south korea is holding Ballistic Missile drills after this north korea live fire exercises in response to this test by north korea. Haidi and it comes after President Trump of course criticized south korea for its talk of appeasement, putting further pre
If overnight was any guide, it could provide a little bit of a stop here. Guess just to show you how uneventful things are, if you look at the 10year yield, 1. 5 . Little change. Not a lot. Moving sideways across. Equity space, as rishaad pointed out, is mixed. Put it together, it is as flat as you can get. Now. E at zero right regional benchmark volumes light, especially in chinese markets. Hong kong, chinese mainland, down 7 10 of 1 . In the epic space, movement. Currencies. At kiwi dollar, lower. 70 70 1 chance overnight swap. Moves to cut rate in august so that is being priced in. Have a look at the aussie dollar, 1. 2 drop. Basically, flat. Other where we have a little bit of movement strengthening here. Following the fixing from the pboc. Not the Biggest Surprise but i mentioned a strong dollar earlier, a strong dollar story overnight. Level judging7 by this move that surprised some people. Isething you want to watch how do the Central Banks and policymakers control Property Mark
Manus you are welcome. It is the pulse. Were live from bloombergs European Headquarters. It is me, manus cranny. Keep an eye on cable. What youve got is a dullest is g what you got traders are pricing in over more than 80 probability of a rate cut in august. Anglo american down 6. 3 . Iron ore production false 15 . There cutting their copper production target. Management. Capital change at man group. A man he goes manny goes. Often pimco. Off to tim . Near changes with me. Nejra good day. Donald trump has told supporters he is going all the way after securing the nomination. The tycoons a son made the announcement at his home state of new york. Trump supporters are looking to get the convention back on track after an opening day rocked by questions over whether Melania Trump plagiarized her speech. The turkish lira is close is trading to an alltime low as the purge of the countrys institutions deepens concerns about the fallout from last weeks failed to. Appeared to visa central bank l