Funerals were held today for three of the five Police Officers killed in dallas, texas last week. Officers attended services for the man. The men. The pentagon confirmed the death of a militant leader responsible for orchestrating multiple attacks in fact them. In pakistan. He was killed in an airstrike. He planned the 2014 attack on a skill on a school that killed more than 130 children. Global news 24 hours a day powered by more than 20 x hundred analysts and analysts in more than 100 26 countries. Im mark crumpton. Emily im emily chang and this is bloomberg west. Prime day pasta triumphant second coming. Amazon said it was its biggest sale day ever. We discussed where they go from here. Plus google plays defense the tech giant fighting back against claims its piracy protection tool enables bootleggers. And moon shots under the microscope. We will ask laura ultrasecretive products projects eating developed in the shadows. Amazon prime day amazon said worldwide orders climbed more tha
Monetary policy to congress today, as part of the testimony. It had this worrisome nugget about stock values. Quote, forward price to earnings ratios for equities have increased to a level well above their median over the past three decades. Although equity valuations do not appear to be rich. Term premiums are more normal levels. That is what they said. Yellen was asked about the possibility of asset bubbles. She was a bit more sanguine. She did not contradict the report. I dont see signs of extreme threats to Financial Stability be at this time. This is something we monitor very closely. But it is something that can happen in a low Interest Rate environment. So i dont think that i see any broadbased evidence of those Financial Stability concerns, but it is something thats possible. Now, the fed noted in the Monetary Policy report why the Interest Rates would rise. A rise in rates thats not connected to good economic news, concerned about inflation or other reason why yields would ris
Of the technocrat and says fiscal virtue must be enforced. Let us know what you think of our top stories. Use2w me on twitter1 and rishaadtv, and use trendingbusiness. David is having a look at what is happening does far. Asia closee cap, just to recap, asia flat last week asia week. Flat last taiwan, 3. 96 , roughly in line with estimates. ,xport numbers from south korea first 20 days, slightly lower year on year move,. 3 , call it flat. We are looking at a long streak of monthly declines in south korea, 18 straight months now. Volumes are still quite light across the equity space. Going adjustment. Will the fed raise rates . What we have seen since friday into this morning and into what were seeing right now is a lot of u. S. Dollar strength coming back. Whenever we hit the 100 level, we get decent buying into the dollar. The euro weakening as well. At . 76. E dollar rishaad right. Shares in fortescue on the up up, it tripling on the tripling its fullyear profit. How do these numbers