Lets have a look at what is going on with these markets. We would normally be looking at the nikkei, but tokyo is looking at the public holiday. There we go. Taiwan moving to the upside. Hang seng adding to some of the gains. Overall, we are seeing a mixed bag. Shanghai is lower. The asx 200 not having a good time. Lets have a look at the other Asset Classes which are perhaps on your radar here. Kicking things off with a look at gold, just down a fraction. Investors are sticking to their guns. We have seen it shifted to gold ever since the middle east tensions did come to the fore with the downing of that jet and the killing of general soleimani as well. 1556. S just at the moment 98. X crude, oil holding onto the biggest weekly drop we have seen since july. Easing tensions regarding whats going on in the middle east. On top of that, the pound is a little bit lower. There is the possibility of a rate cut. The bank of england policy maker showing that there are no signs of the economy i
Worldwide exchange on cnbc, im sara eisen. Im wilfred frost irma has been downgraded to a category 1 hurricane the storm is packing sustained winds of 85 Miles Per Hour right now irma is 25 miles northwest of tampa nearly 5 million homes and businesses across florida were without power and some 12,000 flights have been canceled due to the storm. Weve got full Team Coverage of the monster storm cnbcs Contessa Brewer on the ground in fourt. Lauderdale. Jackie deangelis is standing by. Lets start with cnbc meteorologist david biggar. Good morning. Hurricane irma were watching it very carefully i wanted to show you what the track is still looking like. We have a category 1 storm it will continue to track up and along floridas western coast line weakens as it does so eventually becoming a Tropical Storm. Its eventually starting to shift from more of a wind producer to a rain producer. I wanted to show you the current wind field this is what it looks like right now. All of these colors, that