Euros. Oil prices climb amid mounting tensions between the u. S. And iran as washington ratchets up economic pressure with major new sanctions and President Trump tells nbc news he never threatened to demote fed chair Jerome Powell but claims he has the power to do so if he wants. I have the power to do so. Thats not a threat just a reminder that you can. I have the right to do that but i havent said that. What hes done is 50 billion a nont quantitative tightening, its ridiculous. Well, good morning and happy monday, everybody. To kick off the week were getting german data out. So lets break that down for you. The june efo survey german business moral has fallen in june the Business Climate index came in slightly higher than expectations at 97. 4 versus the forecast of 97. 2 however the execations index come in at 94. 2 versus forecast of 94. 5. Little lower on expectations current condition index risen to 100. 8 in june versus forecast of 100. 2. On forward looking indicators sentimen
Gracious god, we evoke your name in this place. We thank you for life and for giving it to us more abundantly. We thank you for the power and privilege of prayer, and we humbly approach your throne of grace to thank you and share our petitions. We offer thanks to those who surrender their lives in service to this great nation by willing sing to represent us. We thank you for their families and friends who loan them to us. May there be no lack in their lives because of their service. We pray that at this moment, you would pour out your spirit of wisdom and compassion on these senators as they chart the course of this nation. Embolden them with the burden that they are someones last and the hope that they can make a difference in someones life. Bless this assembly as they wrestle with how to express your nl love for all of us and for this moment. Then, o god, bless all the people of all the states in this land that we love to emulate and require of all our leaders what you require from t
This is daybreak asia, coming to you live. I am betty liu in new york. 7 00 it is just after a. M. In hong kong. I am shery ahn. We are seeing geopolitical tensions being great for Global Markets and volatility retreating as well, but i guess the key question is whether President Trumps new actions on china will in fact stoke more trade tensions. Betty we have not seen that affect the markets before, but who knows . The markets are even more jittery these days. It seems like you cannot make sense of what headlines will move what index. You may as well follow buffett. Im pretty confident you will make money if you follow him. Our sources talk more about that story. Shery with the rally here, we are setting up for a bullish trend in asia. Betty that is always good advice, isnt it . Always follow buffett. Out onseeing korea Independence Day and usually around this time, we could have further escalation of tensions. So far, as he mentioned, the market seems to be weathering all of that. Ne
He captured this video and for a time, two f16 fighter jets had to find the blimp as it travelerred at 16,000 feet and ton manned aircraft start to drift lower. People staal started calling 911. Who wonder what the blimp is used for. Theyre use in iraq and afghanistan for surveillance. The heliumfilled blimp part of a 2. 7 billion project by the pentagon called the joint land attack Cruise Missile defense elevated net senting system or j. A. L. E. N. S. They didnt know whether they should shoot it down and has classified and sensitive material on board. It could be dangerous if it came down in an area populated by lots of people. Were learning the blimp started to deflate and came down on its own. Cbs news david martin said National Guard helicopters had to scramble to secure is crash site and all the technology on board. Its part of a pair and you can bet the other blimp is ground. No one was hurt as far as we know but there will be a huge investigation to how this could have possibly
Point trading range from top to bottom. Sglefr single trading day this year as youve said. Incredible were up 261 points. We should remind everybody in case you missed it this morning or some hugh a historic day. European central bank decides it will launch quantities taitz difference easing. Japan was first back in 2001. The u. S. Followed suit. Now its europes turn. The baton is being passed and markets are rewarding it. Say with us for a closing bell exclusive, david mckay in his first interview since becoming ceo. Much to speak with him about. Of course moved today by the European Central bank. Also canadas surprise rate cut yesterday. And they make a huge acquisition. National city bank today. He will tell us about it and their plans for the u. S. Denmark cut overnight by the way. Another surprise rate cut. Exactly. They have to respond. Its a cascade. A race to the bottom as it were. And when it has a gate at the end of it you know its big. And the nfls deflategate is now hit thi