Focus today as we watch and see what happens with todays iran nuclear story. Anthony we are waiting for something to happen. How long will it take the iranians to get their crude. They are wrestling with your the banks say it could take 12 months. Markets are discounting mechanism and they are already discounting. We are starting to see the price of crude you can see it is coming down over the last few days. Expectations are that if we do see a deal, it will continue to soften. Anna the great optimism greek optimism. An agreekment. That is really horrible. It was the picture up optimism. Some of the gloss has come off of it. You can see the shanghai reacting. That his house or reza will be debating a little bit later on today. Lets carry on the conversation about it looks set to be announced today. Anna diplomats are starting to prepare the final text sometime this morning. Elliott has more details. It does feel like we have been here before. How many times have they missed to these de
Thursday. Whipped by high winds the fire spread quick ly. Translator ive never seen a fire this big. Translator im wondering if my home is okay. The city has advised more than 700 nearby residents to evacuate. Officials say that a woman in her 40s was taken to the hospital after inhaling smoke. Another woman in her 40s was slightly injured. Weather Officials Say that wind gusts were clocked at 90 kilometers an hour in the area around noon due to a low developing in the japan sea. Earlier we spoke to Theodore Brown who is originally from the u. S. Hes lived and worked there for the last eight years. Its a very historic area with a lot of very old businesses. Some of these businesses are hundreds of years old and theyre currently burning. Actually its located along the sea of japan and this part of japan experiences very very strong winds, especially in the winter months. But today in particular weve seen some incredibly strong winds coming from the south. The Central Government set up a
Sixweek high here. And oil below 44. Our road map begins with the markets and a pause in the post election rally. Plus, were going to get numbers from alibaba on its biggest sales day of the year. And well also have a live interview with its president. Skb disney, the stock volatile after earnings and revenue miss, higher right now. Were going to dive into those numbers. First up, one day after the dow hit the new alltime high, the fed also in focus at a banking conference in chile. Fies chairman Stanley Fischer calling the case for a rate hike quite strong saying the fed is, quote, reasonably close to achieving its employment and inflation goals. No real direct comment, jim, on the election per se, but nudging further along the argument hes made for a long time. Given the run in the j. P. Morgan and bank of america stocks, thank heavens he said that. I mean, this thing a lot of this rally involves again today with the treasuries. People are just saying, okay, look, weve been waiting f
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