With their homes and communities destroyed theyre in need of food and water the storms now lashing canadas neighbor scotia knocking out power to hundreds of towns just. Because they took. Off the floor of the world and dog joe modjeska takes the gold mine award for best movie at the Venice Film Festival well find out more about the title role to foreman has got all the critics excited. Im having a home for you glad you could join me u. S. President donald trump says that he has counseled peace talks with afghanistans taliban leaders at camp david tweeting that he had scraps the secret meeting planned for sunday off the taliban took credit for an attack in kabul. This week that killed a dozen people including an american soldier well the u. S. And the taliban have been meeting since last year in the hope of ending the afghanistan conflict. And our washington correspondent caught up like it has been following this story for us and has more on trumps an announcement thirsts this car bomb
Its the bond market where we getting all the interest. Weve seen upon rally tech place, a quick look at whats going on. The bond rally has been pleading out of lake. Still were seeing a move upward and indonesias 10 year yield ahead of that third decision, looking for yields. There you go. The 10 year yield, a bit of a selloff in the bond market. Yesterday there was a zero coupon bond offer in germany. Eurosing like 2 billion worth of that, only one third of the allocated bonds. Thats a look at whats going on at whats going on it bond markets. Lets look at the first word news with su keenan. Budgettart with the u. S. Deficit, its going faster than expected and the Congressional Budget Office at President Trumps trade war is a drag on the u. S. Economy. Up from an estimated 960 billion in the year ending september 30. In january the Budget Office forecasted deficit of 980 billion next year and did not seek topping 1 trillion since 2022. China is threatening retaliation against u. S. Com
Is pouring into tenyear treasuries as a safe haven. Trouble, trouble everywhere but treasuries offer a degree of security not found elsewhere, and well pay you interest. You dont get that in europe or japan. Heres another opinion. Surely the Federal Reserve will now lower Interest Rates very soon and very sharply. Ive got another reason for the selloff and its hong kong. Its calm right now but is this the calm before the storm . There are signals that beijing has had enough. Things are coming to a head. Number one, Chinese State media now calls the demonstrators radicals and appears to be whipping up mainland support for a forceful end to the protests. Intervention, they say, is inevitable if the situation worsens. Two, there is video of chinese troops massing at the border. Three, the demonstrators are being told not to move to a different part of the airport. Just a few dozen remain. Four, the chinese accuse Speaker Pelosi and Senate Leader mcconnell of inciting chaos. President trum
Crash n. Investigatio single vehicle with entrapment. They have shut everything done. The person was transported. After you get past the one in New Hampshire a downed tree crowding right lne and causing delays there. 270 northbound before 109 ride blocked there. Overturned tractortrailer and fuel spill off to the right and not so worried because its northbound but t southbound traffic will be impacted by this as folks look over at the response. It willake a while to get that out of theway as well. Good morning, chuck. Fogood morning, melissa. Lots of cloud outside. For better or worse, we have a high chance for rain during the morning commute today and this batch. Rain across far southrg west viia is pointed in our direction. Its out ahd of this cold ont which will finally bring an end not only to the rain later today but ento the heatan humidity we have been dealing with around here the last two weeks. Nothing all th heavy on the ready this morning and last of heavy rain in northern p
Germany down 1 . German Business Sentiment hits an eightyear low. And then watch our own 30 year falls below 210 overnight and everyone is going to be watching todays close. Lets get straight to the market, futures lower ahead of this mornings open, following a sharp selloff in the second consecutive monday Global Economic worries, falling yields continue to weigh on investor sentiment, driving toward safe haven. Gold now, the highest price in more than six years. The president tweeting a few moments ago through massive devaluation of their currency and pumping vast sums of money into their system, the tens of billions of dollars the u. S. Is receiving is a gift from china prices not up, no inflation, farmers getting more than china would be spending, fake news wont report what we will report that that core cpi 22 is the 17th month of plus 2 . There is a level of inflation in our country, but there is also, i think that when you see it, some of it is tariff but if youre a central banke