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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 slowed in the first half with a 2. 1 annual rate matching maze reading, which was the smallest since june 2013. 1 he month, prices fell and the economy posted the weakest expansion among g7 nations in the second quarter. Faster inflation and uncertainty about the future of the eu weighing on consumption and investment. It, see overall growth at 1. 5 this year compared with 1. 8 last year. Nationwide expect house price growth to average ....

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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 corps of engineers officials have been releasing water from both but it wasnt enough to counter the rain, overspill floodwaters ways. Officials say more homes and streets will flood as a result. President trump is promising texas will get emergency disaster aid quickly. He says there will be a very
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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 wants to cut spending to pay for the response to harvey. Estimates for total damages caused by the storm continued to rise. Economic losses projected of 42 uplion, up 12 to billion 12 billion from monday. Potentially surpassing Hurricane Katrina did. Katrina in 2005. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton ....

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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 mandatory evacuations, officials in houston say that situation remains very dangerous. Seniors, those with disabilities, those in lifethreatening situations. Reporter 56,000, 911 calls have been reported. Overwhelming the system, with two thousand residents evacuated so far by air and boat. Thousands more, forced to seek a dry escape. Roof went, and attic got wet, that soaked top floor, it got wet, it just pancaked. Reporter federal offici ....

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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 leadership in brussels and the chaotic things from washington, d. C. We have heard. This coupled with improving european fundamentals, so watch out for that. This is the euro. We brought it back to inception in 2000, currently at 120. 42. Its get to the first word news with nejra cehic. Hasa Tropical Storm harvey drifted into the gulf of ....

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