It. Of we have been watching what has been going on on the louisiana coast for the latest headlines on hurricane laura, that has preoccupied people. Here in europe, also waiting on the latest developments from jackson hole. Just as we see laura weakening to a category three hurricane, although we know they can still linger it still do damage. Tom 120 Miles Per Hour maximum wind, but the landfall of 160 was extraordinary. The shape of the storm has changed as well. With our first word news in new york, here is ritika gupta. Ritika good morning. It is one of the most powerful storms ever to hit louisiana. You were just discussing hurricane laura, it made landfall near cameron, louisiana with maximum winds of 150 Miles Per Hour, plus there is a threat of a catastrophic storm surge and flash flooding. There is concern that damage could leave areas and uninhabitable for months. It will also shut down a third of the regions Refining Capacity. Winds have died down but laura is still a categor
Welcome to what will be a pretty intense show as we gear up toward that inauguration in about nine days from now. We have a new report from the World Economic forum on global risk. They talk about unemployment as one of the big risks. Inequality and increasing polarization. What they mean is the polarization of politics within various countries. Weve seen it with brexit, with trump, but also polarization in terms of various countries around the world. They talk about environmental risk. Not also talk about Society Keeping pace with technological change. We will speak to the chief author of the report a little as wen in surveillance also geared towards davos, which starts next tuesday. First things first. We will check in on the markets. This is european equities. I would suggest that most of the moves and the most important moves are going on elsewhere. It is currencies, but also the emerging markets. This is a picture we are seeing for the turkish lira, hitting a dataow ahead of the l
Extremists. Kohls kaepernick and that with polls have her neck and neck the first round. A big impact on the markets. Lets get to your day to check. One thing we need to watch out for today. There is a very clear move to haven assets. You can see what we are seeing for young, for example, 110. I wanted to show gold in a couple of minutes. Stocks slumping. Yen gaming amid geopolitical concerns. Stocks in europe for the unchanged. Kreuz something we need to watch out for, just above 53. Something we need to watch out for, just above 53. Gold is gaining at the moment. Nejra the white house has warned syria to stop using barrel bombs against civilians. It suggests donald trump may expand the criteria for u. S. Action against assad. Rex tillerson visits moscow a chance to persuade russia to cut support for the syrian regime. Trench president ial candidate Marine Le Pen has described multiculturalism as a weapon for extremists. In paris, she said fighting terrorism must involve preventing mu
Andeconomic data today again that look at the Second Quarter gdp will be a nice template to get from 8 30 new york time out to 10 00 a. M. In the headlines, and then to the yellen speech at 11 00 a. M. Francine we have gdp figures out of the u. K. It was breaking news. Pound a little bit stronger on the back of that. Lets get to work first word news. Southeast turkey, kurdish militants have attacked police. At least eight Police Officers were killed and 70 others wounded could all of this is according to turkish authorities. Resume violence resumed between police and meanwhile u. S. Secretary john kerry and Russian Foreign minister meet again today to try and find a resolution in serious civil war. War. Syrias civil turkey launched its biggest military operation in syria and trying to drive islamic militants away. In russia, Vladimir Putin has ered snap military drills Angela Merkel accused russia of breaking international law. Take has threatened to very serious measures after accusin