Trade remains the number one issue for business. The cleveland fed president gives us her view on investment plans. Breaking news out of south korea. We are getting the surplus number four may coming in. 5. 39 billion. Tradet comes to the goods surplus. This coming after the first deficit in seven years. Bok has said there could be a rebound following those numbers. Good trades, five . 39 billion in may. Run ofan a long surpluses, a key factor for a country maintaining a strong and steady rating. We have seen with exports continuing to decline, seven months of the kleins for south korea. The surplus went into deficit in the month of april. It has recovered. How are we looking . Gold is slipping along with oil. Commodity prices holding. Could be set today. We have futures higher in seoul and tokyo. More export restrictions, targeting koreas export industry. This is starting down the road toward economic warfare. Wax thank you very much every lets get the first word newss. China warning
Welcome to the polls. Life from bloomberg headquarters here in london. It is jobs day in the u. S. Forstors will be searching meaning in the numbers ahead of the september Federal Reserve meeting. It may not be super thursday, but the u. S. Has key Economic Data on friday. The next to last jobs report before the Federal Reserves meets in september. The economist we raised we theeyed, predicts with unappointed rate Holding Steady at 5. 3 . As long as job growth and maintenance trend, with an average growth of 200,000, economists inc. The Federal Reserve will raise rates as early as september. Showed calls it a case of me why i shouldnt. One of the reasons the fed shouldnt is because of wage rates. The average will rise 0. 2 . And 0. 3 yearoveryear. Growth and pay is the one missing factor that would help push inflation up to their 2 target rate. Last week there was a negative sign for wages. The employment cost index which measures hourly pay an annual salary rose in the Second Quarter
His outraged family speaking out this morning. The system continues to fail black people. And royal celebration. The pomp and circumstance for Queen Elizabeths birthday. The annual trooping the color and the queens poignant message to the people. Hey, good morning and we start here with the developing story overseas involving that u. S. Navy destroyer. Seven sailors missing right now after their ship collided with a tanker off the coast of japan. Questions abound as to how this could have happened. We want you to look at this new video of the uss fitzgerald limping back into the port in japan. This as u. S. And japanese ships and aircraft are frantically conducting search and rescue missions hoping to find those missing sailors. Five people were medevacked off of the boat. Were going to kick off our coverage with abcs matt gutman reporting from los angeles. Matt, good morning to you. Reporter hey, good morning, dan and paula. Hard to overstate how serious an incident this was. Now the
Of Philando Castile. I told him to get his hand up. His outraged family speaking out. The system continues to fail black people. And royal celebration. The pomp and circumstance for Queen Elizabeths birthday. The annual trooping the color and the queens poignant message to the people. Hey, good morning and we start here with the developing story overseas involving that u. S. Navy destroyer. Seven sailors missing right now after their ship collided with a tanker off the coast of japan. Questions abound as to how this could have happened. We want you to look at this video of uss fitzgerald limping back into port in japan. This as u. S. And japanese ships and aircraft are frantically conducting search and rescue missions. Hoping to find those missing sailors. Five people were medevacked off of the boat. Were going to kick off our coverage with abcs matt gutman reporting from los angeles. Matt, good morning to you. Reporter hey, good morning, dan and paula. Hard to overstate how serious an
Senior adviser Jared Kushner is heading to the middle east this week. Hes meeting with the israeli Prime Minister and the palestinian president , in hopes of brokering a peace deal. Those are some of our top stories on this monday, june 19th. Announcer from abc news, this is world news now. We say good morning, everybody. Were going to start with the breaking news from london. A large van plowing into pedestrians near a mosque in the north of the capital city. This video shot right after the incident took place. The man with the ripped shirt was taken into custody. You see there. Two other people possibly involved somehow got away. Thats right. Emergency responders performed cpr on victims at the scene. But at least one person was killed and several others injured. The mayor of london is being blunt about this. Hes calling it a horrific terrorist attack. Investigators have been at the scene for several hours, now. Abcs molly hunter was there, as well. Shes back at our bureau. She joins