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FBC Kennedy August 29, 2017

When all is said and done, this storm can dump more than 50 inches of rain. And biblical has become a flimsy and tough. Super sized greatness is on display as people kay for their neighbors. Dont get me wrong. People need all the help they can get. But the power of selfreliance and empathy in the face of this store speaks to a decency most of people have not lost touch with. It will be months before the Economic Impact is known. But to the anies pouring into the red cross and social media, the g...
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BLOOMBERG Bloomberg Markets European Open August 29, 2017

Serious. As a result, risk off. Investors launch into haven assets, golden treasuries. Will we breach the record high on the u. S. Tenure 17 . President trump heads to texas as Tropical Storm harvey is set to make a second landfall. Both saying it is too early to assess damage for how high will outnumber be. That number will be. An hourss than half from the european open and what futures are pointing to, obviously we are seeing red arrows across the board with euro stoxx 50 futures dropping abou...
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BLOOMBERG Bloomberg Markets Americas August 29, 2017

Lows earlierf the in the day. Than. 8 . Down more incident with the north korea missile going over japan. He considers that to be a kneejerk reaction. Situations and he thinks this could be similar. Concerned if it broke below that range. 500, we look at the bet, all of these chairs are and well biggest drags off the lows as well, dragging nonetheless. Risk off days, these are the names of some that risk off. Financials really being dragged on by the rally. We see the 10 year yields down 10 trac...
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BLOOMBERG Bloomberg Markets European Close August 29, 2017

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...
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BLOOMBERG Bloomberg Markets Americas August 29, 2017

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...
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BLOOMBERG Bloomberg Markets The Trump Economy August 29, 2017

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 ...
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FBC Lou Dobbs Tonight August 29, 2017

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 ...
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BLOOMBERG Bloomberg Surveillance August 29, 2017

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...
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BLOOMBERG Bloomberg Daybreak Americas August 29, 2017

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...
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BLOOMBERG Whatd You Miss August 29, 2017

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...
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