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If she could. The latest. And counting the cost. We had to miami where Hurricane Dorian is capable of causing billions of dollars in losses. Newseen we have breaking out of south korea. Looking at the inflation numbers. Yearoveryear is flat. 0. 6 in july. Forecast to be up 0. 2. This is now the lowest inflation rate yearoveryear for korea on record. Pointing out they are missing falling into deflation for the first time. If you look at the core cpi, it is up 0. 9 . It takes out food and energy. Energy has been under pressure. If you are at the bank of korea looking at this, you have to think this could raise pressure for the bank do something at their next meeting. Gdp coming in for the Second Quarter at percent. Prior, 1. 1 . A small difference, not superstrong. Yearoveryear, 2 . Probably considered enough for the bank of korea for now. That number will catch a lot of atte ....
Criticism and says he will finish the job. Jay powell is losing patience rallied for at third day while the dollar fell. Asian markets looks set to ask and the gains. Facebook aims to liberalize International Payments with a new digital coin. We hear from Sheryl Sandberg. As we look at the market close in the u. S. , the bond market is where we saw so much action. Looking to the two year treasury note, reflecting jay powell and the individual forecast showing whether they expect to hold her cut rates confirmed what markets have been betting on. The 2year note had a drop of 12 basis points. That is a big move for a piece of paper. Stocks pretty much expecting the fed would be somewhat dovish. You can see some nice gains across the board. The s p 500 near an alltime high. Futures ago the reporting a little bit negative. Look at this green, seems to be growing by the mo ....
Fastest car ever made, hurtling in space. Keeping the government chugging as oneas deal described nobody loves. It seems like life has changed and rather than talk about no volatility or low volatility in markets, the only thing both are talking about now is to get used to volatility. Andtility is here to stay, i want to show you a chart that reminded me of the great ernies peng lei Ernest Hemingway quote. This chart shows you that ed acency that is br the shortterm fix, the several to blame of the rapid selling in the session. You can see complacency all the way up until the very and, and then these devastating losses. Many warn us about these induced leverage etns, however, nobody thought would go to zero, as a got to zero yet but they are headed straight there. It lays the question or puts into question where it goes from here. Of aard from the likes credit analyst who warned about the shortfall trades prior to the selloff. I ....
Hear what the Federal Reserve says about Interest Rates after wrapping up its today policy meeting. Its twoday policy meeting. A survey by bloomberg put the odds of a september increase at about 50 . In china, a late rally in stocks. The composite the shanghai composite index rose 3. 4 halting a fallen a fallen one at 11 . The government reports Oil Inventory figures a few hours from now. The congressional review of the Iran Nuclear Deal is entering a new phase today. Managers will hear from defense secretary ash carter and joint chief martin dempsey. House panel quiz secretary of state john kerry yesterday. The more jack dorsey kept talking, the more twitter stocks fell. Down as much as 14 premarket the stock went up yesterday when twitter posted secondquarter r ....
Stimulus, not less. Yvonne glad you could join us. We are hitting a pause button in the trading, after what seemed like a long runup in stocks. We did see the selloff when it comes to equity markets in the u. S. A lot of talk in asia about the fed and centralbank talks. Indonesia coming out later today. We could see centralbank emergence playing through in this part of the region. Kathleen isnt it interesting coming into this year, the whole story was about Central Banks moving in the direction, that they would all be heading toward the exit. Now the Federal Reserve is like, where is everybody . Everyone has their own reasons to hold tight, including the european Central Banks. I should say reasons to stay easy. Yvonne yes, that is certainly the case. We did not get a good lead up for asia. How are things looking in the w ....