Page 7 - Stephen Roach News Today

Regime . Is everybody going to float . What a difference this summer makes. Tom it is august. We are going to give you what we can today. Right now, we need wisdom on the top headlines. Here is vonnie quinn. Border,along the korean the most Serious Exchange of artillery fire in five years. North korea fired a rocket at a south korean border position and that prompted south korea to unleash an artillery barrage. Earlier this month, two south korean soldiers were wounded by a landmine in the demil...

Lost more than 1 trillion in market value. And an 8. 5 drop in shanghai last night. Wiping out chinese gains for the year. Jim, what is the story today . I think it is china. What id like to do because its a terrible market. It reads something that is in keeping with that. I sent tim cook an email trying to understand covering apple because that is a crucial part of it. And tim sent me this this morning right before the show. Ill read it. As you know, we dont give mid quarter updates, and he rar...

Lets quickly check on your did. We see somey where distortions are some of the key data points we need to watch out for. Risk assets seems to be taking a breather amid the further signs that chinas economy is cooling. Base metals seem to be dragging down a lot of the mining stocks. Bp and the stoxx 600 basic resources down 1. 3 . Major currencies drifting before the Rate Decision. The inflation data which is why want to show you the pound 1. 32106. And eurodollar. We will talk plenty more curren...

Im nejra cehic. Still seeing a little reaction from the fomc meeting. Ive got the stoxx 600. We were seeing stronger gains. It softened a little bit. We are still up 0. 2 . Stronger dollar against most major peers. Bloomberg dollar index up 0. 1 . It did gain more than that in yesterdays session. The 10year yield rising two basis points. We are at 2. 27 . Pretty steady right now. Also keeping an eye on crude oil. We are a little lower in todays session. 50. 52 dollars a barrel. Weve also got bre...

Surrounding region. More than 50 people have been rescued and the death toll is now at 245. The United Nations today unanimously passed a resolution to investigate crimes in iraq. Anarygeneral antonio Investigative Team to help iraqs authorities to investigate crimes committed by militants and bring them to justice. Long timehave taken a to get here but todays resolution is a landmark, a major first step toward addressing the suffering an injury of the victim of victims of crimes committed in ir...

Stimulus, not less. Yvonne glad you could join us. We are hitting a pause button in the trading, after what seemed like a long runup in stocks. We did see the selloff when it comes to equity markets in the u. S. A lot of talk in asia about the fed and centralbank talks. Indonesia coming out later today. We could see centralbank emergence playing through in this part of the region. Kathleen isnt it interesting coming into this year, the whole story was about Central Banks moving in the direction,...

David it is shaping up to be a very interesting friday. The stories of north korea. Dollaryen giving at the moment. The moment. T this activity story of cutting ratings in china. Already know. T we basics, the core of the issue is the amount of debt on the chinese economy has outpaced the size of the economy. It might not be the same as back in 2009. To othercompare china developing economies, that should not be at these levels. Downgrade. S haidi are the ratings agencies behind the curve . Peop...

Francine lacqua. Resurgence for the far right. Belowdex is a little bit estimate for the month of september, 115. 2. Lets check on your data to see whether it has any impact on euro or not. You can see eurodollar, 119. Politics are dominating trading. The sliding a touch euro sliding a touch. Gold falling, crude edging low as well. That is your data check. Lets get to the bloomberg first word news. Nejra donald trump has stepped up his criticism of the nfl sing fans should not go to the games by...

Its drive to create a Global Television network. Shares and costs are rising as subscribers switch on. Have amedia influence, i cool chart that shows a much immediate talk is affecting the market. Btv 5195. The blue bar you see on the bottom, they represent how many times you hear in the media, buy the dip. Since 2002. The more you hear this, particularly in the last several years, the higher the markets go. Maybe we have solved the puzzle. Why do these markets keep going up despite all these te...

Years. Black monday, black friday as well. S p climb in the 1980s versus 2010 is at the start of this show. This shows you what happened. This is the turkey days turquoise line. It rocked up over 200 in seven years on wall street. When things decline on wall street, you tend to remember. When things decline a lot, you remember the date. Day stockt Single Market collapse in history. A 23 drop. Usage had also redefined the landscape for market professionals. Black monday as it became known. Part o...