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Cnn breaking news good evening. I m abby phillip in new york. Our special coverage continues tonight of hurricane helene, a monster category four storm that is now moments away from making landfall in florida. At this moment, it was too late now for folks along the coast too evacuate. Officials warned that the winds and the storm surge will be be catastrophic in some areas, the word that they are using is unsurvivable helene could be the strongest storm on record for the big bend region. And we are already starting to see a major surge in these cities. So we have our anchors and our correspondents. They re fanned out as the storm is now hitting and we have c ....
To European Markets opening up, and the close in asia saw significant gains in Hong Kong and japan. The picture there is across the world, that is last night but this is what we are drawing our attention to here, the Hang Seng up by almost 4 and then Ak Injapan up by 3 as well. For more, joining me now is rory green, chief China Economist at t5 lombard. How significant are the new measures . It isa it is a significant Step Up in stimulus from beijing. What we have had announced so far, and we have got clarity on the monetary Side And Today the Politburo Set for september gave us an indication, we do not yet know the size of a fiscal stimulus and that will be crucial to assess the acceleration of growth. As you touched on, until traders are loving these signs and china assets are ri ....
Thank you for getting up for us so early this morning. I want to pick up on that jobless data, the fact that the Jobs Market at the moment, about employers right now . Absolutely. So, that number coming lower is a relief. It shows employers are still hiring. You are still able to get a job. They have been statistics recently showing some people are saying is harder to find jobs. With the lower numbers, that is showing that there is some hope. It means the consumer, obviously, has some support. Getting the incoming supporting the economy. They are able to continue spending. It is great numbers. They are right in the Sweet Spot of we want to see. Right in the Sweet Spot. The economy is looking good. What does that mean for the federal Reserve And Rate cuts going forward . Iii Reserve And Rate cuts going forward . , forward . If the Gdp Numbers we saw came into forward . If the Gdp Numbers we saw came into hot forward . If the Gdp Numbers we saw came into hot or forward . If the Gdp Numbe ....