September. How do you expect that to feed through into InflatIon ExpectatIons and impact the us economy . I think riaht now impact the us economy . I think right now the impact the us economy . I think right now the focus impact the us economy . I think right now the focus is right now the focus is definitely on crude oil. A lot of people are drawing comparisons to what happened when the war in ukraine started. When you take a Look Oil surged Io . With this incident it surged 5 in some of that is because we have us productIon at record highs. Opec was undecided over increasing productIon. This is a moment where investors are trying to get a sense of how are the actual supply disruptIons going to unfold in the coming weeks and months. Right now the market was pretty content that this inflatIon and that trend was going to remain and now they are scratching their heads to see will this be a big shock to inflatIon. In additIon to this Oil Surge we have a Dock Worker Strike which could also
Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very risk of town. Very risk of town. There is one thing they very risk of town. There is one thing they are very risk of town
Gov. Edwards how are you doing today . Good afternoon, everyone and thank you for being here. This press conference is going to serve as a briefing both on the Severe Weather experienced across louisiana yesterday and also my Daily Briefing on covid19. I want to thank all of our local officials that have joined us today. Mayore mayor jamie mayo, mitchell and other elected officials including senators Katrina Jackson and senator j kathy and senator stewart and representative ackles. We also have representative jones, i think. We do. Right there. Good to see you. Can hear from you congressman Ralph Abraham and we also have here today with us as i have had every day in baton rouge, the doctor from the department of health you can answer specific questions related to covid19 testing. And other things related to the coronavirus. We just completed a tour of some of the tornado damage across north louisiana. Tornadoese two confirmed in this parish though the main one was an ef to that had win
Gov. Edwards how are you doing today . Good afternoon, everyone and thank you for being here. This press conference is going to serve as a briefing both on the Severe Weather experienced across louisiana yesterday and also my Daily Briefing on covid19. I want to thank all of our local officials that have joined us today. Mayore mayor jamie mayo, mitchell and other elected officials including senators Katrina Jackson and senator j kathy and senator stewart and representative ackles. We also have representative jones, i think. We do. Right there. Good to see you. Can hear from you congressman Ralph Abraham and we also have here today with us as i have had every day in baton rouge, the doctor from the department of health you can answer specific questions related to covid19 testing. And other things related to the coronavirus. We just completed a tour of some of the tornado damage across north louisiana. Tornadoese two confirmed in this parish though the main one was an ef to that had win
Gov. Bel edwards good afternoon. Thank you for being here. This will serve as the briefing on the Severe Weather that was and mynced yesterday Daily Briefing on covid19. Local to thank all of the officials who joined us today. I know we have mayor Stacy Albritton mitchell and other elected officials including senator katrina jackson, senator jay morris, representative mike echols. We also have representative jones, i think. We do, right there. It is good to see you, fred. After i speak you will hear from congressman ralph abraham. We also have with us, as i have aen every day in baton rouge, doctor from the department of health and he can answer specific questions when it comes to covid19 testing and other things related to the coronavirus. We just completed a tour of some of the tornado damage across north louisiana. Tornadoese two confirmed. Thatain one was an ef to had a wind speed up to 120 miles per hour. I want to thank everyone for wearing a mask. It is critically important you