Daybreak asia, coming to you live. Yvonne i am yvonne man in hong kong. Betty i am betty liu and yvonne, i was thinking about Investor Sentiment these days after what we saw coming out of north korea, coming out of Donald Trumps administration, and of course, all that leading up to the fed for next week, and you can imagine why the u. S. Wekets were lower today, and came off of our lows in the session, but we basically fell and we are off by. 3 and below that 21,000 dow level. That is caring through into asian trade right now. Yvonne we are not getting support from the u. S. But it seems like china, some of the headlines coming in seem to be up the and market positive if you take a look at the china market, so yesterday, once we saw shanghai open, the sentiment improves, so a look at what is driving the markets in the region. Let us get to the market open with Sophie Kamaruddin. Sophie perhaps some mixed sentiment driving what is going on in market but the paralysis this week, that is
Economicists and central bankers is the entire focus for one day. Decided to make it wonky and focus on the labor market. I would be quite nervous, the financial markets, for the next 90 minutes because the world and the dog thinks she will be dovish, push the time line back for raising rates, keep it back so we surpass 2,000 on the s p 500. Thats what the markets positioned, what will happen, and it makes me nervous. 28 record closes, up 14, amazing statistic. The market climbs a wall of worry. Its a belief the central bank is there for you, basically. A wall of worry. Thats been the belief for a period of time, and theres those who blame rises in all Asset Classes are starting signs of speculation. You got reits per yield, and yellen does, as you suppose she may, strike a dovish tone, simon concern she wont, but that is the market belief she will strike dovish. We have draghi and whats going on in europe. We do. As put yesterday, of course, dissented from the fomc in july, but the fe
Thanks for joining us tonight. Im jan jeffcoat. Im lesli foster. Police are not saying if they have a lot to go on that murder in prince georges county. The man was shot to death in the 8200 block of imperial drive in lawyer around 3 00 this afternoon. Our jim osman is live with neighbors reaction. Reporter neighbors are in shock tonight as police are looking for a killer. Long time residents who live near the murder scene of the 8200 block of imperial drive in laurel say theyve never seen this kind of trouble. 1 woman found out what happened from her daughter as the woman was heading back home. Youve never heard anything like this happen in all this time . No, never, ever, never and i said to her this is whats going on because its been safe all along, never, never had anything like this. Reporter shy called to this laurel neighborhood where a man was found shot and pronounced dead. Police are still looking for answers. Our homicide detectives and ed technicians are on scene gather evi
Investment is advancing, while the recovery in the housing sector remains slow. They go on to say the Committee Sees the risk of the outlook for Economic Activity in the labor market is nearly balanced and judges that the likelihood of inflation running persistently below 2 has diminished somewhat. They having knowledge they haveeup acknowledged again the takeup in inflation. With regard to the taper, they are committed again to reducing bond buying with measured steps over the next few meetings, but they do not commit explicitly to october in this statement, and they will continue to reinvest row seats of the bond buying. No stop to that. In terms of forward guidance, no real change. They maintain that it likely will be appropriate to maintain the current target rate for a considerable time after the Asset Purchase Program ends, and thats the basis for the 1 , Charles Foster indicating that it likely will be appropriate to maintain the current target range for that considerable time b
The fire is right around the corner from us. At this hour firefighters still clean up the scene. But if you take a look at the video from earlier you can see the full isnt of the damage. Now this wasnt just a house. This was the home the Carpenter Family lived in for generations. Neighbors say they moved in during the 1960s and now the little girl they remember growing up lives there with her husband and 2 children. Around dinner time the family neighbors started hearing popping sound like gun shop. It was probably different parts of the car going up in flames. From the preliminary investigation l officials believe the fire started in the garage and then jumped and started racing up the back yard. 3 other neighborhood houses threatened but crew prevent the fire from spreading to those homes. As for the firefighters themselve themselves, the triple digit heat made this fire especially difficult. Crew guzzle bottle of water as they try to stay cool. Because of the heat our firefighters c