Airstrikes targeting al shabaab Rights Groups say a growing number of civilians are being killed in somalia. In support of the various says he will speak to a bar in munich about roads where you could manage his position before all snowball sets up talks in germany next week well hear from him later in the program. Indias top court has ruled a disputed religious site be given to hindus for the construction of the temple the piece of land that idea on the stage of water pradesh is claimed by both hindus and muslims and its ruling the Supreme Court said muslims should be given 2 hectares of land for a mosque at a different location indias government will set up a trust to manage the site and oversee the building of the hindu temple now dispute over just who owns the land has been one of indias most contentious issues hindu hardline is destroyed. Century mosque there in 1902 a court has added that the right to build a temple on the land will be subject to peace harmony law and order while
States military was as he put i. Unloaded his words to retaliate against iran trump says he canceled the strike ten minutes before it was due to be launched meanwhile the writings of that footage of what they claim is the wreckage. Less than strongly shop down. The mission claimed by irans revolutionary guard. Over the strait of full moves now they claim that they gave a warning to the americans before firing the shots. Im in no hurry we did donald trump a day after calling off retaliatory air strikes on iran for shooting down an american drone. Ten minutes before the strike i stopped it. Not proportionate to shooting down an unmanned drone. Im in no hurry our military is rebuilt new and ready to go by far the best in the world. Sanctions are biting and more added last night. Iran can never have Nuclear Weapons not against the usa and not against the world. Washington insists the drone and similar to the one pictured here was in International Airspace over the strait of hormuz whos at
Market. Feeling some tailwinds out of we did not go into this week with a worstcase scenario. The u. S. Government will remain open. We did avert a shut down. Getting initial reaction. Nasdaq futures pushing close to 1 higher. Rishaad dell futures are down. Yvonne there was no a whole lot of banks leading up to it. The market recruit reprieve may not last too long. Youre still talking about higher rates. Rishaad we had first threemonth quarterly loss for the s and p. You have a lot to be playing. We have the 10 year auction coming up in 10 days time. There is a feeling you could see yields going up. Also got a lot of movement for the yuan. Offshore. While the cat as a way the mice can play. No cny to act. A lot of dollar swings. Yvonne the longest break of the year. Rishaad it is a dollar story anyway. Yvonne you take a look at where people are positioning, are things looking when it comes to hedge funds . David we did see that longs pickup second or straight week on the greenback. The
The last three months. We see volumes about a third lower than usual, so take it as you will. Past a 200 Day Moving Average . Will we see the selloff, particularly in the auto sector, the export sector . Bmw is saying that it has been hit by the terrible explosion we saw in china. . Italy is opening up 3 10 of a percent lower. There is a risk of the selloff even as we get toward that deal with greece. The finance minister of germany is saying they will back the greek deal, but its not giving much appetite for buying equities, or with the euro which is coming off session lows. Seeing the euro lower and a commodities base continuing to feel the pain. You are seeing a lot of concern about asia and the emerging a continuousontinuous selloff adding to the pressure in terms of thailands economy. 50 billion or so in terms of tourism. We could see the selloff and commodities, with oil up by a tenths of a percent. Trade at the moment and that is feeding into european equities. This is an Oil Se
Good day to you. Chinas stocks have slumped from the highest level in three weeks. The benchmark index sank6 following concerns that the government will pare back efforts to prop up the equity market. After a drop in Interest Rates and removal of property restrictions. Economics chief asia correspondent is in hong kong. Mini rout . Ket is this the rerun of a big run . Enda it is early days to tell whether we are going for another. Its certainly a correction. It has come about because we had some good numbers today. We had some data. That is interesting when you consider the big stock markets we had in june. It kind of illustrates perhaps the net effect on wealthy Consumer Confidence with what was much less than people anticipated. We will need to see more durable prices before calling a turn in the housing sector and before calling a turn in the economy. Francine what does it mean for the wider economy . How much can we read into this . Enda one of the recent stocks fell today was peop