Out of las vegas as a shooting incident on the strip left at least two people dead. This is bloomberg surveillance. Updated onkeep you las vegas throughout the morning. Im Francine Lacqua in london. Lets quickly check on your data. Theres quite a lot going on today. Monday means we need to digest a lot of news from the u. S. Overnight. Just getting some breaking news out of bmi for the eurozone. Euro area september manufacturing pmi, rising to 58. 1. That is shy of the estimates, but just a touch. Preliminary was 58. 2. 58. 1 is what we are getting. The dollar rising, treasury yields up, investors trying to contemplate tax cuts as well as the chances of a new and potentially less dovish fed chief. Spreadse, we look at the between german and spanish yields. First, lets get to the bloomberg first word news. Heres nejra cehic. Nejra we start with that developing story. At least two people reported dead and 24 others injured after a shooting on the Las Vegas Strip. Police say one suspected
Headlines from outside the business world. Emma chandra is here. Emma thank you, david. It was terrifying night on the Las Vegas Strip. Police say a gunman perched in the mandalay resort and casino opened fire on an outdoor music festival. The death toll keeps climbing. Eres the las vegas sheriff. The number of injured, i do not know yet. But we are looking in excess of 50 individuals dead and over 200 individuals injured at this point. Emma police swat units stormed the mandalay bay and killed the suspect in the shootout on the 32nd floor. Hes been named as steven paddock, a 64yearold las vegas resident with no known terror connection. Hes believed to have checked into the hotel as a guest. Authorities say theyve also located a woman who was described as a person of interest. Meanwhile, nearby Mccarran International airport has resumed operations. Some flights had been diverted to other airports during the shooting. And well bring you more on this developing story as it breaks. David
President trump has offered tougher screening of immigrants following the attack in new york. Down a bike lane in manhattan a truck injured almost a dozen. A Police Officer was shot and arrested the suspect according to the New York Times he was found near the truck indicating that the suspect was not related to the islamic state. On capitol hill, a House Republican scheduled the release by a day. There are unresolved questions about the Corporate Tax rate cuts and other proposals. Republicans also sell disagreeable about whether to repeal a tax break for local taxes. Resident of catalonia now has to choose between a possible prison term for a life in exile as the Spanish Court has summoned him to appear with charges. He fled to brussels after spain seized control of the government in response. His declaration of independence. A new study says the decision to leave the eu has cut income by over 800 per household that come from the National Institute of economic and social research. The
Word overnight the republicans will take another day to work on their plan. Theyre explain whats holding them subpoena our chief washington correspondent, kevin cirilli. Youre our washington reporter extraordinaire. Take us inside the caucus. Is this just tweaking details, or do they have real problems . Kevin they have real problems, particularly how to pay for it. Theres been division for quite some time on 401ks, as well as state and local Tax Deduction eliminations, and now phasing lowering the corporate rate. That is really going to be at potential risk. That said, the chairman of the house ways and Means Committee released a Statement Last night saying that while they are delaying the release of this legislation, legislative proposal until tomorrow, it is not going to hold up the markup, or the Committee Hearing that is going to be public next week. So all systems still a go for the markup. Where this poses potential problems in terms of the tameline by passing this at the end of
And im anna edwards in london. Lets start the program with data out of the eurozone, specifically out of italy. We had gdp data hitting the bloomberg. Exactly inline with estimates, 0. 4 , the Second Quarter pulmonary reading. That is what the analysts were looking for. Data on abetter number of fronts from italy. Industrial output expands in the Second Quarter. The jobless rate, still too high of course, but coming down. Better news on exports and bank rescues taking place in italy. Those are some of the headlines in the Second Quarter. In line with that, we see this better growth picture, in line with estimates and the previous quarter. Lets look at where we are on various assets. 1. 1720. Urodollar, heading into this we were at 1. 1755. A little bit of sluggishness on the euro. The stoxx 600, up by 0. 7 . Gold and yen, continuing to s lip. Bullishness in stock markets in europe today. Pound, 0. 91. O we are going to get the u. K. Wage data and eurozone growth figures. We got the s p