Replace the president s friend as she replaces the finance chief. Is 8 00 a. M. Across the emirates, 4 00 a. M. In london. In hong kong, just past noon. Welcome to labor markets middle east. Lets take a look at the state of play on the markets. We cant ignore what is happening in the u. S. , because thats whats driving the sentiment we are seeing across the board in asia. Trading for almost 20 minutes, down close to 1 . As you can see, despite the topicshaven of the yen, is also down more than 2 . It really is all about volatility as a result of the latest paul showing trump in the lead. Manus yeah. C onink if you go to ele your terminal, you can pick up the sentiment. This is very reminiscent of what happened in the 10 days before brexit. If we look at the bank of america volatility chart, youve mentor rumpall trumpometer, dollarpeso. This is in the five days. I took it back a little bit further. If we go back as far as june, you can see volatility is nowhere near where we were on bre
Economic ties among apeculiar member countries. It says the government leaders will step up their Infrastructure Development and investment over the coming three years. The draft also says the leaders will ensure more transparency in their schemeless for accepting bids from contractors acquiring land and imposing taxes. And it says that theyll create systems for cooperation between the public and private sectors. The u. S. Government shutdown is having repercussions for the countrys diplomacy. President barack obama has canceled his plans to attend next weeks economic summits in indonesia and brunei. Instead, he will remain in washington and continue urging lawmakers to pass a budget bill that would reopen the government. Obama was to attend the asiapacific Economic Cooperation forum in bali. He was then supposed to chair the Transpacific Partnership free trade talks there. The president s next scheduled stop was the east asia summit in brunei. A white house spokesman said obama phoned
Be overseen by new managers. It has been handed to one of the contractors that built it. Janet yellens nomination is headed to the senate. The paperwork for her nomination to replace ben bernanke is complete. Her confirmation could be facing a roadblock, kentucky senator rand paul is expected to hold up the bill until his bill for more Government Transparency comes to the floor. Real money with ali velshi is next. Consumers are feeling down but you wouldnt know it if you look at their spending habits. Well show you the disconnect and show you why it matters. And the fire sale in detroit. One man is on the mission to make sure that foreclosed Properties Stay in the hands of locals. Have no fear the underdog is here. All of us fit the bill and we have more power than you might think. Im David Schuster in for ali velshi. And this is real money. This is real money and you are the most important part of the show. Join our live conversation for the next half hour by using hashtag aj real mon
The show. Join our live conversation for the next half hour by using hashtag aj real money on twitt twitter. Today we received a worrying sign of how much you the consumeconsumehow much confide that you the consumer have in the economy. Its weighing down confidence, and when that happens it usually brings a drop in spending and causes a drag in the economy yet, that has not stopped you from shopping. Amazon, ford, reported an average profit gain of 9. 2 . Thats backed by a 6 up tick in revenues which means business has been good. Regardless of dipping sentiments since the summer. Consumers may be right most of the time, but in this case they appear to be doing Something Different than what theyre saying. The question is will this disconnect last especially as america heads into the holiday season. The one thing that boost Consumer Confidence is rising income. They show the pace of hirings that started to show, and income is the one thing that makes or breaks Consumer Confidence will re