Commodities. Sterling is very much in focus. The pound under some pressure after Boris Johnson was named the new u. K. Prime minister. How much of it period will he have . Can he deliver the brexit by october 31 . We see the aussie dollar at 69. 80. West back bringing forward the rbas next rate cut. They are citing a 0. 5 target for the rba cash rate. We saw a move in bonds, yields are down two basis points. Away from record lows. The kiwi continuing to see weakness today. We might need to go unconventional in policy tools. David we were down as much as one for the 1 . Much as one fourth of 1 . Lows. Off of two month commodities very much in focus for the bloomberg dollar index. A good month against all of g10. Yvonne iron ore, we are watching it down in singapore. Perhaps the imf growth concerns are weighing on them. Oil, continuing higher after we saw the stockpiles in the u. S. Edging lower here. It is up about. 6 . David you dont see it here, we may talk about it today. Beef import
and lots of questions to answer, so let s get started. u.s. fighter jets have now shot three objects out of the sky, in just eight days. one in the world is going on here? we will delve into what we know so far, and the important questions that still need to be answered. plus, donald trump apparently does not want investigate a january. six as trump s lawyers prepared to fight that new subpoena, we ll break down his chances of actually getting what he wants. later, gridiron history today s super bowl, as the chiefs and the eagles battle for every yard, quarterbacks leading the team setting a major milestone stepping onto the field. all of that and more is coming up. a good sunday morning to you, i m katie. fang for the third time in less than two, wakes military has shot down an unknown object. in this latest incident, the u.s. canada air defense organization downed a over canada s yukon territory. president biden, prime minister justin trudeau, authorized the operation.
i ll be watching you from my office at nine a.m., sunday show, 9 am for the saturday show. i m always in my office getting ready for the show. so, we ll be with me two days a week. so, that is good. silver lining, it s all good. yes. very excited about it. okay, my friend, have a good weekend, enjoy getting ready for both days next weekend. thank, you jonathan. thank you. a very good day to all of you from msnbc world headquarters here in new york. welcome, everyone, to alex witt reports. we begin with the breaking news, new questions and concerns this weekend after the u.s. military shot down a high altitude object for the third time in a week. canadian prime minister justin trudeau today said recovery teams are looking for the cylindrical object after a u.s. fighter jet shot it down over the yukon territory on his orders yesterday. canada s defensive history describe the object of smaller but potentially similar to the chinese spy balloon shot down off the carolina
Lots of very inexpensive. The police, a lot of concerned the correspondence and they come out as sort of a trust me times for us. If the confusion in front of much of freedom like that, are you to get us more excited to, to call him a not sure. The a patient of sharp spirits i, its a visa or a body of those kinds of crack at the blue. Jumping in the movie money, the dad has to go up circles, then you could choose which i in the was my positive. Simpler, receive the actual but that is bull mouse, middle of the is the 5th. When you dont lose the leave, you do a gun, it is fairly empty. Im forced to pull the paper on and so i see what they see these things on the phone. So its just the garage to me unless you download and you dont store with. Im sorry, missiles suitable, so it will be wireless. Just close the why neighbors have a spartak you write in their thoughts are with the technician, comes, pay us the budget as well as their bills and bills and get it back to you. Let them know that
Level of the year. The yen strengthening as investors seek safety. Rishaad the u. S. Oil industry facing more chaos as harvey gathers strength. They are facing a renewed threat. Russell spencer of frustration at the u. K. , saying brexit negotiations are not serious. Michelle barnier wants more details. Let us get to todays events right away. Looking at this north Korean Missile test flying over the island of hokkaido, really unprecedented that we have seen a north Korean Missile flying over the japanese mainland. Let us look at what is going on at the moment at this chart, 8092. It is telling us there is not much to be worried about. No one worries, according to this. This is a signal index, below average risks for the korean currency at the end of july. That bit still persists. Just going to tell you who does worried. Investors, generally speaking. Goldrecent move higher in announced that 1300 level. A nearterm advantage, 1340 per ounce is on the cards. This has been further supporte