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On cnbc. Im sara eisen im wilfred frost well get to the Global Market picture in just a moment and Hurricane Irma and todays agenda first overnight a powerful magnitude 8. 1 earthquake striking off mexicos surn coast ea Southern Coast this morning this triggered a tsunami warning. The epicenter hit about 70 miles off the coast of chiapas, mexico multiple aftershocks have been recorded we continue to follow details of that story a bit of a market reaction. Peso getting hit on that lets get an update on hurm machlt the most p Hurricane Irma its still a category 5. Wind speeds decreasing to 160 Miles Per Hour t is headed for miami. The death toll has reached 12. Forecasters say irma has peaked in intensity and it i ....
And im anna edwards in london. Lets start the program with data out of the eurozone, specifically out of italy. We had gdp data hitting the bloomberg. Exactly inline with estimates, 0. 4 , the Second Quarter pulmonary reading. That is what the analysts were looking for. Data on abetter number of fronts from italy. Industrial output expands in the Second Quarter. The jobless rate, still too high of course, but coming down. Better news on exports and bank rescues taking place in italy. Those are some of the headlines in the Second Quarter. In line with that, we see this better growth picture, in line with estimates and the previous quarter. Lets look at where we are on various assets. 1. 1720. Urodollar, heading into this we were at 1. 1755. A little bit of sluggishness on the euro. The stoxx 600, up by 0. 7 . Gold and yen ....
Almost one point. Cheryl japan just a little bit lower. North korea and the United States. Lauren right here at how would you pay 10 a month for unlimited movie tickets . One of the nations biggest Movie Theater chains has absolutely not. Fbn am says right now. Train 25 01 a. M. In new york in wednesday, august 16th. A lot of things to discuss this morning. Im cheryl casone. Lauren good morning. I am lauren simonetti. We want to dive right in. Train to its incredible whats happened in the last 12 hours. Lauren breaking news the day after donald trump condemned white supremacist by name and is now back to blaming both sides for the deadly violence over the weekend. Listen to what the president said late yesterday at trump tower. The driver of the car is a disgrace to himself, his family and this country. You can call it terrorism. You can call it murder. You can call it whatever ....
Us oh wait. Covers the Banking Industry well was here. That works too. Well get to that in a little bit. We begin in washington with the rhetoric about a Government Shutdown how much time do we have at this point . Well Government Shutdown by the end of the september if they dont pass spending bills. We got a slightly different take between last night and today between the president of the United States and the speaker of the house. Listen to the president last night at a rally in phoenix talking about the possibility of a Government Shutdown if he doesnt get funding for a border wall build that wall now the obstructionist democrats would like us not to do it, but believe me, we have to close do ....
Ability to keep their kids on their Insurance Plan till theyre 26 1,000 500 discounts on Prescription Drugs for seniors on medicare. So, 85 of the population whether they know it or not over the last three years have benefitted from a whole set of the provisions of the law. By the way if it were to be repealed, you would be taking away all those benefits from folks who already are enjoying them. You had this subportion of the population, 15 , who either dont have Health Insurance or buying it on the individual market. And thats still millions of people. And what were doing is creating a marketplace where they can buy insurance and we can provide them some tax credits to help them afford it. The basic structure of that law is working. Despite all the problems. Despite the website problems, despite the messaging probl ....