be threatened by competition from u.s. agricultural. more on those stories in just a moment but first we have got breaking news coming out of iraq to tell you about, a suicide attack has taken place just north of fallujah and many people are dead and we are live from baghdad with the latest on what more do we know about this? reporter: we know this took place at 3:00 a.m. local up by the lake which is north of anbar province at a military base used by iraqi federal police forces. and it was said to be a humvee american made carrier and this is i.s.i.l. and they stole a number of the humvees with devastating effects with abadi saying there were 300 of these vehicles that have been stolen and have been used and the reason they use them as suicide car bombs is because of their protection and they are armored and iraqi hardware has these and we are seeing more and more of these car bombs and i.s.i.l. has not claimed responsibility for the attack but we have seen them use this
ftse 100 up more than 1%. 40 up almost 1% here. they say it really is back to business here in european equity markets. if we move along and have a look at the euro dollar it was all about risk aversion yesterday and one of those points was a wicker euro gets the dollar. it is extending losses today at a seven-month low. but this is very much about the dollar trade rather than the euro. if we look at the dollar that actually hit a seven-month high today. turning very much back to monitoring policy convergence. the ecb looking at the prospect of a fed rate rise. and that is also why we re seeing a weaker gold price. a six-day trading at its lowest level in more than five years. backtion turning very much toward the global market cues. traders are currently pricing in a probability of a fed rate rise by december at 66%. and we have that u.s. inflation data coming as well. jon: two minutes into the session, blanket green on the screen. the green on the dax in the cac 40 as well.
As Art Basel Hong Kong 2024 wrapped up last Saturday, the art fair reinstates its reputation as Asia's largest art fair and returns to pre-pandemic form, especially after welcoming 242 leading galleries.
Curated by Sydney Artspace Executive Director Alexie Glass-Kantor, the 'Encounters' series includes 11 new commissions by Australian and Asian artists and is included in Art Basel Hong Kong 2024.
Prospects for developers to generate large profits at famed Japanese ski destination Niseko are dwindling as speculation from foreign investors sends land prices soaring.