Governor brown everybody ready . Good afternoon. Im here to give another update and egons fire situation, im joined on the phone by the forestry, rtment of ire chief degrass, oregons fire state fire marshal. Of emergency anagement director andrew fell ps and Environmental Public Health section manager. Im joined in person by chris struckler, director of the Oregon Department of transportation. I just want to start by saying storm teams tell me a event coming in today will bring moisture. Both along the coast and along both the west and east slopes of cascades. This is a good sign. With are always challenges a storm like this, such as winds and lightning strikes. Firefighting teams tell me that we are very grateful for the rain. My teams also tell me that were making significant progress on fires ing some of these and fire chief doug grass will peak more to that in just a moment. Since my last briefing, ive seen up and close what these done to our communities, to our land, to our oregon
Washington has been demanding transparency and threatening to delist mainland companies. Australia is ramping up tensions with its top partner. You a quick get track of the markets. This after we saw another record high for u. S. Equities. The s p 500 and nasdaq composite soaring to another record high for a fourth consecutive session. The s p gaining ground for five sessions. Tech and communication stocks leading the gains. We are up about 55 since the march lows. We had some positive data. The u. S. July durable goods orders meeting estimates. All of that boosting optimism that the fed will keep Monetary Policy loose. With the dollar weakened, due to the strongerthanexpected eco , take a look at what oil is doing. It is gaining ground. About 43 per barrel. In around five months, the highest level. We have hurricane laura. More than 80 of oil output and nearly 3 Million Barrels have been shut down in the gulf of mexico. Haidi continuing to watch the oil patch for those disruptions. Le
We were hearing that we could see some candlelight vigils later on tonight, people going online virtually. It comes amid hsbc defying the u. K. And backing this National Security law. And the corporate impact of all this as well. Lets check on the markets, they seem unphased by what were going through here geopolitically and what were seeing in the u. S. The protests have calmed down a bit in the last two days or so. Markets off the highs but were trudging higher today. Mobile stocks on track for a ninth day of gains. Jakarta coming online and continuing to trend up, 1. 3 . U. S. Future seeing a little bit of pressure. The airlines, the nifty with modest gains at the start. Haven,rally and bonds a selling all. You did see yields picking up here. The aussie, back to 1 once again. The chinese 10 year yield, now or near february highs. The second worst performer after bulgarian debt, on disappointment that beijing may refrain from stimulus. About somebts opecplus deals. Watching the curre
Thursday as washington awaits. Youre right, the ecb will be very important. Jonathan ferro made clear to me the optionality that madame lagarde has is extraordinary. Weve got claims at 8 30 washington time, new york time. That will be a precursor for jobs day tomorrow. All of this is overwhelmed by the historic moment. All i can tell you, just one vignette, francine it was extraordinary to see the handwritten note by the chairman of the joint chiefs of staff yesterday, to his officers and his troops. That was truly an historic moment. Francine we will spend a good amount of time talking about the military, given what we heard and general mattis esper. Lets get to bloomberg first word news in london with leighann gerrans. Leighann good morning, francine. As you were discussing, President Trumps former defense sayingry, jim mattis, is the president misuses the military and is dividing the nation. He also said the country must reject those who make a mockery of the constitution. President
somebody asks you where you re from and you answer, i m from chicago, nobody s going to give you a patronizing response like, oh, chicago s charming. hey, chicago. more likely it ll be wow, chicago or oh, chicago. they ll be impressed. chicago is the town, a city that doesn t ever have to measure itself against any other city. other places have to measure themselves against it. it s big, it s outgoing, it s tough, it s opinionated and everybody s got a story. i took a walk through this walk through this beautiful world felt the cold rain on my shoulder found something good in this beautiful world i felt the rain getting colder as late afternoon gives way to evening in chicago s old town, it s time to drink. though to be fair, almost anytime it s time for a drink at the old town ale house. the chorus assembles to give their opinions on matters of the day, subjects of great import to this city on the lake, this city of broad shoulders, this