One of the big ripple effects is utilities. Take a look at this chart behind me were seeing the death cross thats what some technicians call it when the shorter term 50day moving average of a stock or etf falls below longer term trend, the 200day average were seeing it with the excel, the spdr sector utility, xlu this does not portend bad things but something to Pay Attention to its not the only that were keeping an eye on. Were seeing some action play out in some parts of the market. Namely in the real estate stocks the vanguard reit index is sinking down to multiyear lows. As we take a look at whats happening with this, its already in correction territory, off about 10 plus the highs we saw a couple years ago well take a look at another part thats perhaps a brighter spot while all these guys are making these multiyear lows, one thats not is the consumer staple sector. This is actually just a stones throw away from alltime highs would you believe it or not, more than half of the index
Hello, and welcome to daybreak asia. I am haidi lun in sydney. Betty i am betty lou at Global Headquarters in new york. We are talking about the aftermath of the ecb meeting. But really, we are looking ahead to this weekend. I want to bring this function. It shows you the path of Hurricane Irma, which is expected to make landfall sunday afternoon. You can see it will hit miami at 2 09 p. M. As a category four hurricane. This has been a fascinating story, six months in and making, owing to the el nino affect. After Hurricane Irma we have hurricane jose. Looks like there will be no relief for the storm. That reflected market sentiment. Lets pull up how the market closed, jitters among investors. Even see the dow off by 20 three points. The s p and nasdaq unchanged right now. When it comes to asia, a mixed picture. Were looking at positivity in early trading. New zealand, look at how we are shaping up, the nzx 50 up by 2 10 of 1 . The kiwi dollar at. 7231. It was the worst performer out o
And brutality against Rohingya Women and children whove fled the military crackdown in myanmar. The United Nations is warning of an increase in this type of violence and doctors say theyve found that many of the women and children theyre treating, have been sexually assaulted and abused by soldiers. The rohingya a muslim ethnic minority live in Rakhine State in mainly buddhist myanmar but more than half a million are now living in refugee camps on the southern tip of bangladesh. You may find some of the details in sanjoy majumders report distressing. The memorys still fresh, the pain very raw. A village inside myanmar was attacked two weeks ago, allegedly by the Burmese Military and a mob of rakhine buddhists. Translation i came out with my children to try and escape. Two rakhine men pinned my arms to my side. Then, they started raping me. After one finished, another one took his place, and then a third. When they let her go, she picked up her children and began running. Then this happ
She picked up her children and began running. Then this happened. They snatched my two year old boy from my arms and threw him inside a burning house. It took her three days to get here, a refugee camp in bangladesh, just inside the border. I cannot find my husband, my parents, my other children. Doctors treating the rohingyas say they are seeing more such cases of Sexual Violence. I find this 22 year old rohingya woman inside her tent, trying to put her baby to sleep. She says she was raped by a burmese soldier inside her home, while others kept watch. Her husband, who is missing, was at the village cleric. Translation how can i tell anyone about what happened to me . It is a matter of shame. It is better to die than tell anyone. Deeply traumatized, she never leaves her tent. Others bring her medicine. It is not easy to independently verify what is happening inside Myanmars Rakhine state. Access is strictly controlled, journalists are not allowed inside and the Burmese Military has de
It took her three days to get here, a refugee camp in bangladesh, just inside the border. I cannot find my husband, my parents, my other children. Doctors treating the rohingyas say they are seeing more such cases of Sexual Violence. I find this 22 year old rohingya woman inside her tent, trying to put her baby to sleep. She says she was raped by a burmese soldier inside her home, while others kept watch. Her husband, who is missing, was the village cleric. Translation how can i tell anyone about what happened to me . It is a matter of shame. It is better to die than tell anyone. Deeply traumatized, she never leaves her tent. Others bring her medicine. It is not easy to independently verify what is happening inside Myanmars Rakhine state. Access is strictly controlled, journalists are not allowed inside and the Burmese Military has denied all allegations of sexual assault. In fact, its denied having anything to do with the violence all together. But it says its willing to investigate i