If she could. The latest. And counting the cost. We had to miami where Hurricane Dorian is capable of causing billions of dollars in losses. Newseen we have breaking out of south korea. Looking at the inflation numbers. Yearoveryear is flat. 0. 6 in july. Forecast to be up 0. 2. This is now the lowest inflation rate yearoveryear for korea on record. Pointing out they are missing falling into deflation for the first time. If you look at the core cpi, it is up 0. 9 . It takes out food and energy. Energy has been under pressure. If you are at the bank of korea looking at this, you have to think this could raise pressure for the bank do something at their next meeting. Gdp coming in for the Second Quarter at percent. Prior, 1. 1 . A small difference, not superstrong. Yearoveryear, 2 . Probably considered enough for the bank of korea for now. That number will catch a lot of attention. We will see how markets react. Lets look across asian market. You can see the red on my board. Asian tradin
Criticism and says he will finish the job. Jay powell is losing patience rallied for at third day while the dollar fell. Asian markets looks set to ask and the gains. Facebook aims to liberalize International Payments with a new digital coin. We hear from Sheryl Sandberg. As we look at the market close in the u. S. , the bond market is where we saw so much action. Looking to the two year treasury note, reflecting jay powell and the individual forecast showing whether they expect to hold her cut rates confirmed what markets have been betting on. The 2year note had a drop of 12 basis points. That is a big move for a piece of paper. Stocks pretty much expecting the fed would be somewhat dovish. You can see some nice gains across the board. The s p 500 near an alltime high. Futures ago the reporting a little bit negative. Look at this green, seems to be growing by the moment. Im wondering, as you look at the asian markets, are we starting to see this optimism . Sophie we are ready to track
Hear what the Federal Reserve says about Interest Rates after wrapping up its today policy meeting. Its twoday policy meeting. A survey by bloomberg put the odds of a september increase at about 50 . In china, a late rally in stocks. The composite the shanghai composite index rose 3. 4 halting a fallen a fallen one at 11 . The government reports Oil Inventory figures a few hours from now. The congressional review of the Iran Nuclear Deal is entering a new phase today. Managers will hear from defense secretary ash carter and joint chief martin dempsey. House panel quiz secretary of state john kerry yesterday. The more jack dorsey kept talking, the more twitter stocks fell. Down as much as 14 premarket the stock went up yesterday when twitter posted secondquarter revenue that beat estimates. Jack dorsey have not yet had meaningful impact on growing our audience or participation. This is unacceptable and we are not happy about it. Over the past few weeks i have had a deeper understanding
Stimulus, not less. Yvonne glad you could join us. We are hitting a pause button in the trading, after what seemed like a long runup in stocks. We did see the selloff when it comes to equity markets in the u. S. A lot of talk in asia about the fed and centralbank talks. Indonesia coming out later today. We could see centralbank emergence playing through in this part of the region. Kathleen isnt it interesting coming into this year, the whole story was about Central Banks moving in the direction, that they would all be heading toward the exit. Now the Federal Reserve is like, where is everybody . Everyone has their own reasons to hold tight, including the european Central Banks. I should say reasons to stay easy. Yvonne yes, that is certainly the case. We did not get a good lead up for asia. How are things looking in the wall street session thursday . Seems a lot had to do with tech. Kathleen a lot of digestion, people trying to figure out where they stand with the fed and capital marke
i think the question you are asking is the heart of what we are going to do in the future to actually stop terrorist acts like this. whether it is domestic, whether it is home-grown, or whether this had some part from another set of actors around the world. the lights at the eiffel tower were turned off in tribute to the 12 people killed. france also held a moment of silence. back in the u.s., stocks rallied for a second straight second straight day. the s&p 500 and dow above up about 1.8%. are you sick about hearing about patent battles? so are the battlers. patents fell 17% last year. that s courting that s according to a tech advocacy group. 63% of patent cases last year involved hardware, software, and networking companies. and apple is raking in more money from its app store. apple says it sales are up percent last year, generating over 10 billion in revenue for developers. they have created more than one million jobs in the united states is 2008. samsung electro