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Opted out of the meeting in washington of the Global Coalition from the latest sign that the pentagons military relation with a key middle east ally may be suffering in the wake of the failed military coup. Residentn with a senior fellow at the Atlantic Council and asked, how vulnerable is the tricky military in the wake of the Turkey Military in the wake of the coup . I think the Turkish Military will have capacity problems. They are heavily deployed in the southeast in an ongoing entrances he campaigned against the bk ongoing insureds and see campaign against the pkk. And now theyre being asked to root out coup plotters. Their counterparts may be suspected coup plotters. Turkey has a lot on its plate going forward. So what jill so what you expect in terms o ....
After investors weigh a slew of a lot ofeuropean banking stocks under pressure, 1. 8 lower. Australian Central Banks also cutting its benchmark Interest Rates to a record low lsd door opens for further easing unless the door opens for further easing. Lets get straight to the bloomberg first word news with mark barton. Mark chinese manufacturing flip today. Underscoring pockets of weakness in an economy. 49. 4 . Fell to Australias Central Bank cut its its market just rates to a record low. The unexpected move the aussie dollar weakens on the move. Its bad loan charges surging, profits fell from 7. 1 billion earlier. Badr bad loans loans. Net income fell to 707 million. That fell short of the 735 million frank. Chief executive told bloomberg uncertainty as well as ....
December looks likely. Most members are on board. Market expectation show investors look to move next month. Speaking yesterday, york that president said he is looking forward to the day the fed raises rates. Begin to raise Interest Rates. That is a good thing. That is a sign that the economy is returning to health. The Federal Reserve is getting closer to achieving our mandate. Francine for more, lets bring moretti. And lets bring in simon kennedy. Thank you for joining us. Simon, lets start off with you. Expectation for a rate hike hasnt increased for two days. When we heard was a hawkish fed what we heard yesterday was a hawkish fed. Samco simon they responded in the markets. The jobs market the jobs number you saw. Francine we had inflation. December, the in feds meet the cymer 16th. The reason it is not 100 , people wonder if the fed is going to do the right thing. Now t ....
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