Terror attacks down by just 0. 25 . Breaking overnight, saudi arabia, the United Arab Emirates, egypt and bahrain severed ties with qatar. Now, theyre accusing the country of supporting terrorism. The gulf states said qatar support of the Muslim Brotherhood threatens National Security because the foreign minister has said the measures are uninjured based on claims that he says have no basis in fact. Takes a quick look at crude prices. Wti at 47. 84. We will get a live report from dubai in just a couple minutes. In london, as you know, on saturday, seven people were killed dozens were injured when three men drove a van into pedestrians on in this case, it was the London Bridge then attacked people with knifes in a busy neighborhood. Its the third terror attack in the uk this year, comes days after manchester and just ahead of thursdays parliamentary election. Lets get to wilfred frost in london good morning, will. Reporter good morning, joe. Seven people dead, as attackers crossed Londo
Another financial crisis in our lifetime. We have the world covered on daybreak asia. We go to San Francisco and the followed from the cyber fallout from the cyber attack. We go to shanghai on the growth of the internet of things. Asia. S daybreak im in new york, where it is just after 7 00 p. M. We are in for some central bank speak. What an eventful tuesday, right . First it was mario draghi a bit more hawkish when it came to inflation. Then the selloff fueled by janet yellen talking about rich valuations in the market. Betty you used to not be able to get anything out of these central bank chiefs, but now they wont shut up. Particularly janet yellen and her talk about valuations getting more rich. That also sent some of these tech stocks tumbling, dragging down the nasdaq. We will talk about that in a few moments. Yvonne that is right. A lot of jitters when it came to tech. Alphabet slapped with a record fine from the eu. We will look at the cybersecurity attack we have seen that ha
America. Takata shares collapsing after the daily limit was removed. Rishaad toshiba falling at its own hurdle, unable to finalize the sale of the chip unit right todays deadline. Onare keeping an eye toshiba, looking ahead to reaction out of janet yellen what she has been saying and marriage draghi and that is how it is buying out when it comes to equities. Looking at the markets themselves and etfs, i want to pull up a chart, 445, and this is the growth we have seen in the demand for these etfs, and now on pace to hit a record of 300 billion, topping 2015 and 2016 combined, growth driven by foreign buyers piling into these funds during the first half of seeking out u. S. Stocks in this rising Interest Rate environment, all of this down to Goldman Sachs and saying it is only the second time during the past eight quarters that Foreign Investors have been net buyers of u. S. Equities. There you go. All of this very interesting as we have had a slew of Central Banks be that take away fro
The fog bank which is why we have this low fog bank with dense fog but burning off sooner for the end result. Inland temperatures going up, 102 on tuesday and wednesday 99 in livermore. 50s and 60s to start on the coast and east a temperatures with 50s for most with a few 60s. Moraga at 54 and still 24 west today with the delta breeze and thunderstorms over the sierra erupting in the afternoon with lots of tropical clouds up from old mexico and from that dying tropical system. Today it is 60s and 70s, inland 80s, 90s near 100. Are we getting busy . Yes, and welcome back. Traffic is slow at the bay bridge which should not surprise you. A bit of a backup, a 10 minute delay, nothing major into San Francisco. There will be a backup as you drive on the span as we take a look at the 880 commuted front of the oakland coliseum, traffic in both directions moving well. Southbound traffic is a little bit slow on 92 due to the minor problems and the south bay commute not really too bad yet. A litt
Minus 20 centigrade is no exception. Hawa and his cousin saher are among the estimated 1000 refugees stuck in the serbian capital, trying to survive in desperate conditions. Many like them have paid thousands of euros to flee the unrest in their homelands. However, hungary tightened border controls last year and effectively shut down the much used balkan route into mainland europe. Returning home to afghanistan would mean facing torture by the taliban. Attempting to illegally cross into hungary they say could swiftly end in arrest or beatings by border guards. Their only option is to wait. Reporter hawe safe and his cousin saher are desperate to leave. The two afghan refugees are exasperated. Theyve been stranded in a rundown area just behind belgrades central station. Over the course of several months, this area has developed into an illegal refugee encampment. Today, the serbian government has sent a bus to relocate children and the sick to an official refugee camp. Saher some people