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June 29, 2024
Have a look at where the european equities are trading right now. 30 minutes away from the end of the tuesday session, stocks are heavily down today after that north Korea Missile Launch over japan. We are seeing a real flight to save havens. Currencies arising against the dollar. It is the yen and the swiss franc are preferred haven currencies today. You have bond yields declining and gold rising today. We had some data on the u. K. Housing today. They are cooling in august after the economy sl...
June 29, 2024
There is a situation in texas and Mark Crumpton is with us. Mark Tropical Storm harvey is not letting up on houston. The fourth largest city in the United States has been inundated with floodwaters and an additional 20 inches of rain is in the forecast. Has drifted into the gulf of mexico and set to crash the shore of the texaslouisiana border. To pop houston reservoirs are overflowing two houston reservoirs are overflowing. They are both at record high levels due to days of heavy rain. Army cor...
June 29, 2024
Harvey. Air force one touchdown in downs christi touched in Corpus Christi. The president was accompanied by the first lady and ted cruz among others. Mr. Trump is also expected to survey the damage around san antonio. He will keep away from houston where parts are still dangerously flooded. Promising texas will get emergency disaster aid quickly. He says there will be a very graphic reaction from congress. Signs there may be a political fight over the money. A top texas conservative suggest he ...
June 29, 2024
Least 8 people have died as a result of the slow moving storm, torrential rain to continue over parts of texas and louisiana over next several days, with catastrophic flooding expected to worsen, fox report Trace Gallagher in houston with our report. Reporter in texas alone up to 50 countries are told to expect up to 50 inches of rain by thursday, two feet has fallen in houston area since weekend. In all, harvey so far has produced 9 trillion gallons of water. With the catastrophic flooding and ...
June 29, 2024
Lets get on your data check to see what we should be watching out for. Risk off mood. As the significant today dollar, traditionally a haven, is not the haven per se. And havens after the Missile Launch, gas and oil caning with energies bracing for another hit from Tropical Storm harvey. 108. 51, but gold, the outstanding winner in all of this. My euroo take you to chart. This for me is significant, it has hit 120, not only from a technical level, but it encapsulates a relatively united leadersh...
June 29, 2024
Catching the safe haven bid. Down by. 6 . I find it ironic that the missile was fired over japan if the yen is the safe haven currency of note. Gold up by. 8 . The highest since the election of last year and the vix jumped by about 20 . The good safe haven move happening all across markets. We are joined by Stephen Engle from tokyo and on the phone is. Aniel tenenbaum he provides regulatory Crisis Management support to Global Financial institutions. Youre on the ground. I want to hear whats happ...
June 29, 2024
The white house issued a statement after kim jonguns regime fired a Ballistic Missile beforeew over japan landing in the pacific. The president said north korea has signaled its contempt for members of the United Nations, and is increasing its own isolation. The European Union president slammed the uks brexit papers. He says he has read them all and none are satisfactory. The u. K. Brexit negotiator says the eu must show more imagination. Brexit talks resumed yesterday. Global news, 24 hours a d...
June 29, 2024
Its own residents. Beenthan 500 people have evacuated in southwest louisiana. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im emma chandra. This is bloomberg. Isoomberg technology next. Caroline im Caroline Hyde in for emily chang. This is Bloomberg Technology. Coming up, north koreas clear and present danger. An emergency session ...
June 29, 2024
Premarket. S p nasdaq download were as well. Lauren stocks under pressure. The euro rallying papers with me in london down 1. 5 , a 2 decline in germany with the dax. Cheryl reaction to the north korean lunch with talks in japan. The nikkei down almost half a percent. As you can see in south korea the kospi file point to 3 . Fbn am starts right now. Train 3501 am in new york. Tuesday, august 29th. Good morning. Im lauren simonetti. Cheryl good morning, everyone. Im cheryl casone. Lauren Tropical...
June 29, 2024
When people feel fear, they rush for safety. We had the yield on the tenyear below 2130 earlier today. Selling of stocks across the board. The dow down 117 points off just slightly yesterday. That is half of 1 . The biggest and hardest it is then not back down almost 1 this hour. In europe, losses across the board as well. Heavy selling in england, france, germany being the hardest hit, 1. 5 right now. Asia overnight, markets mostly lower. All of that and so much more coming up this morning. Wit...