Slightly in positive territory, expanding three days of gains. Dow jones little bit higher, gaining. 1 , also a fourth day of climbs. The nasdaq, though, in negative territory, down. 2 , and reversing four days of gains. Morning, it this as 2120 six,slow but it clawed back most of those losses and is currently unchanged. We are seeing these industries known as defensive are the best gainers. Financials and banks currently unchanged, but if this does turn negative, it would in sixe first decline days, which would be the longest winning streak in three months. We are also seeing Energy Shares declining. Of course, we have crude oil reversing gains. Some of the biggest decliners, mostave Chesapeake Energy folding 6 . We also want to take a look at crude before we go. That is huge right now, falling 4 . ,ake a look at that tumble Industry Data showing fuel inventories unexpectedly grew adding to concerns of oversupply. Crude is now hanging around 45 a barrel. David thank you very much. App
Erik we get more exclusive perspective on what a brexit means for business. They will have to redeploy people and decide what countries they are going to. This will require a complete reassessment going forward. Erik from highflying deals to augmented reality, it is all straight ahead on bloomberg best. Erik hello and welcome. I erik schatzker. This is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. Many investors had thursday and friday circled on the calendar, waiting anxiously for Bank Earnings. But the week began with equity markets on an unexpected tear. Close wasvious record 2130. 8. We barely missed that on friday but we are blown through it today at 2137. 2137. 4e blown through the intraday high. We have beat it today. Here is something really weird. Are you ready for this . Higher rates on government securities. Most days whether
And the roof deck is above that. In response to the concerns theyre raising concerns during the preapplication and the project is built to the Property Line and weve agreed to the setback and weve met with them to see how to further mitigate their concerns and we agreed through that meeting to have a fixed planter along the edge of the roof terrace and the flats windscreen for privacy for the rear tenants from the roof deck into their properties those are the concerns and theyve agreed to formally withdraw their agreement in the executive summary that concludes my portion and the neighbors concerns as well as my thoughts on the design so if im im available to answer any questions. Thank you opening up for Public Comment on this item. Any Public Comment on this item . Scenes commissioner antonini. Thank you you know, i think this is i was looking at the plans it as a welldesigned plan and rather seen the townhouse with an additional bedrooms on the mid floor unfortunately looking at the
I will have more in the markets shortly. Angie thank you. Central bankers reaffirmed their belief in the power of Monetary Policy at their meeting in jackson hole, with janet yellen signaling a hike is still on the table next month. Meanwhile, we have kuroda vowing to act decisively on stimulus is needed, saying there is ample roof room for additional leaving. Editor brettnomy miller is in tokyo. What clues does this give us, at the boj meeting . Reporter we are certainly in for a tense wait. Kuroda has implicated as he has said before, that a full increase in policy is possible. That means we could see negative Interest Rates cut further. We could see the asset Purchase Plan increased as well. Variables ist of open. We have seen in recent days, analysts talking about the possibility of the boj moving into new areas including looking at buying local government bonds, and areas where public corporations are issuing bonds projects,t like rail sewers, building hospitals. A whole host of a
172 and the nasdaq down. 4 , 20 points, trading pretty narrow at the end of august. Vonnie taking a look at the bloomberg, the top markets and the movers we will see in europe , of about. 5 to 1 . U. S. Here in uws in the there will not be that Much Movement although we are seeing consolidation and moves higher at the u. S. Dollar index. When it comes to sovereign bonds, there is not too much going on. Oing nowhere fast financials saying early this morning in terms of commodities, you see the index down almost 1 including gold and crude oil moving down intensely today. Ago, apple a few moments on pace for its worst day and four weeks. The longest streak in nearly cointreau months. There was a bit for hershey that fell apart. Aboutseeing it now up 3. 7 , hershey down at 10. 9 . Vonnie trading about 11 higher , 80 right now. David mark crumpton. Just thinking about the apple story we were following. The white house same the Obama Administration is concerned take thetax tears will brunt o