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flag. it is like a stroll. tom: ok a greece update their. there. we will have other headlines coming out on it. we need to brief you on greece. we begin our top headlines with vonnie quinn. vonnie: i want to mention that earnings are out as well expected to be $1.04. creditors and alexis tsipras are negotiating a third bailout. more than three dozen members of his party abandoned him in the final vote. tsipras warned that the rest of the bell talks will not be easy. pm tsipras: this hard negotiation process is not end here. after the approval of this last package, according to the deal of july 12, we are obliged to negotiate again with the same persistence and fashion in order to negotiate on the terms of the loan. vonnie: tsipras promise to try to approve the final bailout deal. secretary of state john kerry goes to make his case for the iran deal. kerry and other officials will testify before the senate foreign relations committee. congress has 60 days to review the ....
and jack lew. brendan: it is like the president and harry reid. they are all members of the same party. it is more who is responsible for the party. tom: i want to know about the german parliament. as move on to top headlines. he was vonnie quinn. vonnie: good morning for you later today the federal reserve is releasing minutes from last month policy makers meeting. investors are waiting to see whether there is a consensus that september is the right time for the first interest rate increase in nine years. more than 75% of the economists surveyed say the fed will raise race will raise rates. the annan has devalued vietnam has devalued its currency for the third time this year. the government wants to make sure that exports continue to grow. biggest trade its partner for at least eight years. lawmakers in germany appear ready to back a third greek bailout. angela merkel lobbied members of the lower house of the german parliament, trying to keep members from voting ag ....
present anytime soon. shares in the photo app maker plunge as user growth stalls. can any filter save it from the instagram threat? this is bloomberg surveillance . we are getting some breaking news out of the iea. dip as we are seeing a across global stocks because of the threat from the korean peninsula. this is what i m looking at. they are cutting estimates for the crude needed. i imagine they mean the crude pumped from opec for 2017-2018. they also go through some of the compliance issues opec was discussing. i don t know whether this is having an impact on the price of crude. you can see brent down some 0.8%. they say that global oil demand is rising to more than 100 million barrels a day for the fourth quarter of 2018. this is what i m looking at for the rest of your data check. it is a risk off kind of mood. this is what we re seeing in equity. havens are gaining because of the korean tension. we had ray dalio publishing a note, a game of chicken between the u ....
aides try it to style them back. it happened yesterday. he was asked about north ring remarks, saying his remark. i don t ink they mean that. i think it s the first time they heard it like they heard it and frankly, maybe it wasn t tough enough. david: that was the president yesterday. this to sayis had about diplomacy. the americane effort is diplomatically lead it. it has diplomatic traction. it is hitting diplomatic results. i want to state right there. the tragedy of war as well enough known. it doesn t need another characterization beyond the fact it would be catastrophic. david: to take us how this is playing out, we go to our chief correspondence. let s start with you. how is this in asia? reaction is one led by the australian prime minister who came out strongly to emphasize their alliance with the u.s. presidented with trump early in his term. the newspaper reported the moving interceptors and the place. china should stay neutral if north korea provoke the u. ....
of energy. will he get his weight? way? that s what you need to know. fed decision. bloomberg s michael mckee. the lead line today, the fed finally nails economic projections except the one that matters, rate hikes. inflation. what does it mean? michael: it may be the fed last hurrah. wall street moves from the tempo to the capital and fiscal policy. the fed is going to be moving from what are you going to do in reaction to the economy to what are you going to do in reaction to fiscal policy? where itmeeting about is. with a chart of inflation and unemployment as a are converging to where they said they would be. it is time to raise rates. that is why you do not see arguments from the market. what do they do is donald trump gets infrastructure spending and tax cuts through and the economy heats up? that is an open question. i have one other chart i want to show you. monetary policy, even if the fed moves, very, very loose. monetary conditions index is moving slowly, ....