Good morning, im lizzy burden in london. Strong u. S. Factory data pushes markets to really think cuts. Iran vows a response after a strike at the embassy killed two generals. This over the invasion of raw for rafah. Heightened oil risk and supply. You had time to digest the central bank bonanza. Lots of ecodata amongst fed speak. 19 including fed chair powell. Weve had data reinforcing this narrative that inflation is falling more slowly than expected, hence why the fed will not be in a rash to cut rates. You saw stocks joining a loss continuing later, pointing to a lower opening but in europe tilted to upside. If we flip to crass cross assets he got the twoyear treasury yields, 4. 69 as traders pushback pricing to september. For a moment you solve the august dipping below 50 and all eyes turned toward the jobs report. The dollar is steady, brent trading below 80 a barrel. Tighter supply from mexico and we will dig in later. Gold hovering near record highs and trading at 2000 257 per
On tonights pbs newshour. Major funding for the pbs newshour has been provided by and the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff u. S. Financial markets battled all day to recoup its losses, then, collapsed under the pressure. At one point, the Dow Jones Industrials were up more than 440 points, helped by an Interest Rate cut in china. But the gains evaporated in the final minutes of trading, making it the sixth losing day in a row. In the end, the dow dumped another 200 points to close below 15,670. The nasdaq fell nearly 20 points, and the s p 500 slid 25. Ifill there was no letup in the stock selloff in shanghai, amid gathering gloom over chinas economy. Jonathan miller of independent Television News reports from hong kong. Report
Major funding for the pbs newshour has been provided by and the william and flora hewlett foundation, helping people build immeasurably better lives. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff u. S. Financial markets battled all day to recoup its losses, then, collapsed under the pressure. At one point, the Dow Jones Industrials were up more than 440 points, helped by an Interest Rate cut in china. But the gains evaporated in the final minutes of trading, making it the sixth losing day in a row. In the end, the dow dumped another 200 points to close below 15,670. The nasdaq fell nearly 20 points, and the s p 500 slid 25. Ifill there was no letup in the stock selloff in shanghai, amid gathering gloom over chinas economy. Jonathan miller of independent Television News reports from hong kong. Reporter red numbers are bad. Th
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
Larger question about the harm analysts. Most, not all, most said genuine concern. It is not just a cause. Sometimes it is just a cause, but over time there are genuine and the people involved dug generally worried. If i lived in a pretty area and did not need to release my land that would really embrace it. Unfortunately there are parts of this country where things were kind of challenging and tough to be looked at new york state. Some really destitute and troubled areas. Instead of fracking, they will embrace gambling, which is kind of sad to me. I come back to that theme of instead of telling people not to do with, lets encourage it and put many more regulations and scrutiny on there. One more back there. 5 million gallons of water per well. Thats true on average. I understand that they have pitched to recapture that toxic water, but they do not recapture every one of those 5 million gallons. Is fracking safe for new york citys water, sir . New york city water. Yes, as i said. The w