Steve engle at Standard Chartered with a blistering note about the fed minutes being reinterpreted. Weve got some breaking news. I dont know if you see it there i home in london, but this is critical. Alone,leaves the rate and we get turkish weakness of that headline. Mr. Erdogan simply doesnt want to raise rates, does he . Anna absolutely. They are leaving their oneweek repo rate. The big picture here is that many economists saw this coming, but also thought the Turkish Central Bank should hike rates because the Interest Rate in turkey is well below inflation, and that kind of makes turkey stand out on a number of measures. They are also spending fx reserves to try and prop up that lira. We were talking about a turkish crisis back in 2018. The lira is weaker now than it was then. We will talk more about emerging markets later in the program. Lira has been stronger the last one he for hours. It weakens demonstrably off of this leaving of rates. Right now, i can do the data check right
Looking to open off 37 points. The 10year note stands at a point. We are looking at. 672 melissa lee in the house that was a major move we are back up towards those highs right now. We saw lots of ramifications in the market looking at how quickly it moves higher. Im trying to watch whatever information i have is about 12 seconds old we are all in a house somewhere. Just not together. It is good to see you although i cant see you now. Im looking at the board from 15 seconds ago. We are going to power through this well up an update on why we are all doing this new case numbers have been declining across the country but testing shortages are calling those numbers into request the average number of covid cases down 19 from july 28 but testing has declined over the same time period amc to reopen u. S. Theaters august 20 and hopes to have twothirds of theaters open. Says all staff and customers must wear masks. That is the change from comments in june that mask wearing would be encouraged b
Temperatures suppressed or close to where they were from yesterday. Heres what were talking about with the fog watching things going into motion, nice clear up job for most of the bay but along the coastal areas, southern moran. It doesnt quite lift even as late as approaching 01 00pm that will keep the cost down on those temperatures but those inland valleys expected to continue to build this afternoon well be seeing the big difference in the 4 zone forecast 60s for the east bay for right now up to the north bay weve got 50s 56 for San Francisco 62 meanwhile for san jose comparison sake were kind of close to yesterday if not trailing a degree or so again the fog is at work. It breaks down like this with the overcast you can see behind us the bay bridge toll plaza 8211 oclock by 2 oclock at 94, however, not quite the High Temperature though for some of those inland valleys, yeah could be quite warm, it looks like inland well get into more of that coming up in just a bit marty all right
Fines for not wearing a mask. Jimmy lai tells bloomberg he was arrested on trumped up charges. Our interview with the next didge tillman owner shooter. They push back against a groundbreaking green between israel and the u. A. E. To norlanderalize relations between the two countries. President trump says there is more to come from diplomatic efforts in the region. A very good morning to you all. We are just under an hour away from the start of the cash Equities Trading session here in europe. Lets have a look at where we are on the futures. It looks as if we could see in downside moving at the start, but we are generally drifting when it comes to the Global Equity session from asia to europe. We are expect to go see a little weakness. Some of the futures suggest it could be weaker down about. 2 or. 3 on a futures. Programs a different dynamic in the ftse 100. Lets have a look at u. S. Futures as they point to a little bit of weakness at the start of the u. S. Trading day. We see streng
Following his arrival for the tripartite congress, president truman is accompanied by secretary of state byrnes. He rides down the autobahn to berlin, where men and vehicles are lined up for the president ial inspection. On july 18, the president and mr. Burns are guests of premier stalin and the commissar at headquarters. Premier stalin had come at a request below the balcony and the group proceeds to the garden of the villa. The sessions of the congress get underway with president truman presiding over the meetings. Premier stalin exchanges handshakes with Prime Minister churchill and British Foreign secretary anthony eden. Both are to be replaced at the conference. Now shaking hands with the russian premier becomes englands Prime Minister by virtue of his labour partys victory in july 26 elections. After daily sessions for eight days, the conference recessed until the Election Results became known. Between sessions, president truman talked with general eisenhower and omar bradley. A