And el chapo, his wife delivered his child in america, thats called an anchor baby and speculations are running wild about the help he must have had to get out of a maximum security prison. There are no summer doldrums. Facebook, netflix their stock is powering healed. Here comes donald trump. Varney company is about to begin. I am confident that this deal will meet the National Security interests of the United States and our allies. So i will veto any legislation that prevents the successful implementation of this deal. Stuart that was the president earlier this morning, broadcasting live to america and live to iran as well. He was commenting on the iran nuke deal. Here is blake burman giving you the deal. The president gave a laundry list, the first is the sent centrifuges centrifuges. And they can inspect iranian sites. Sites could include military sites and they can show up 24 7, but iran could rebuff a request and stall the process for at least 13 days. And the end of the deal is
In mexico. One building has partially collapsed, there are reports that five people may have lost their lives in a nearby city to mexico city, also other reports people may be trapped in the rubble. We are still confirming that. Also reports are a number of fires breaking out, the Us Geological survey has measured this quake at 7. 1, it says the episode was not mexico itself but around 50 kilometres south, a short time ago we received this update from bbc mundos corresponded in mexico city. In mexico city, just a few minutes after the earthquake of 6. 8 magnitude struck the graphical, i have had no phone signal since then, i dont know the extent of the damage. What i do know is that dozens damage. What i do know is that d oze ns of damage. What i do know is that dozens of people are desperately removing rubble here because they believe some someone is trapped. Just after, our correspondent was hit on the head by a piece of falling roof. Thankfully, hes ok. That gives you an idea of the
Youre bullish the market. I think it is a very good sign and if you look over 20 years, 30 years, 40 years, that actually happens they are playing catchup and thats a good thing. When investors, particularly index investors, are where they can still get some value and, of course, its small caps. Not only that, if you get these plans, and theres no expectation of market now, maybe some start to creeps in on tax, if you get infrastructure and tax in the u. S. The small caps will benefit tremendously for a lot of domestic issues trump is focused on i think they will do quite well. It helps keep the haters at bay. One of the arguments you can you make is, you know, small caps arent performing. Transports arent performing we hear all those lines all the time. Russell 2000, as we said, outperforming month to date. Thats a sign of a broadening and stronger rally. We talked time and time again about the rotation of the rally. Its between sectors and actually even between the s p and the nasdaq
The divorce will not happen. Ado about be much nothing. Welcome to daybreak asia, i am haidi lun. Betty and i am betty lou. I love how people have game to that out. People putting bets on as to whether brexit could reverse. In the meantime, a lot of bets on what we will hear tomorrow from the fed. That is the market staying relatively calm or at least not moving much before the fed news conference. The dow up 40 points. Still has the slight bullish tent. Level, above that 2500 1 10 of 1 . The same for the nasdaq. A slightly higher open in asia. Haidi mostly calm, volatility slumping. We keep talking about these indices pushing into the record highs. We saw that again with the s p. Bound,s of being range this is the tightest range for the s p we have seen in decades. Not a lot of motivation, strong motivation ahead of the fed, the boj. Kiwis head tohe the polls this weekend. We saw the kiwi dollar one of the strongest to gainers among the slumping greenback overnight. 25 . Stralia up th
Morning. Hurricane rita bears down in the caribbean. A category five storm makes landfall in dominica and Virgin Islands for another beating as well. Puerto rico has declared a state of emergency this morning. Global markets on edge. Investors waiting for good twoday meeting today. Central bank expected to detail how it will unwind the fourpart 5 trillion Balance Sheet. We are expecting details tomorrow. Had it all back in futures indicate a higher opening today in the u. S. Dow industrial to open 20 points. European indices right now makes ft 100 up a quarter of a percent. Dax ncsc around breakeven this morning. The nikkei in japan was a standout up almost 2 from a long Holiday Weekend in japan. The nikkei average higher. Other majors nicely lower. Former Trump Campaign manager Paul Manafort wiretapped. Federal authority secured a warrant post during and after the election they were wiretapping him. Another man on a scandal for equifax was hit by a separate hack in march and only disc