18 Burst results for "Bank Of England"

"bank england" Discussed on Grant’s Current Yield Podcast

Grant’s Current Yield Podcast

04:42 min | 2 months ago

"bank england" Discussed on Grant’s Current Yield Podcast

"The closet holds I think the ballroom holds about 450 out the ocean but we in compliance with the with the ruler of the state New York Governor his honor Governor Andrew Cuomo. We're going to have like a hundred twenty five people. They're just so nobody, you know catches a cold and so but the conference's is on the show is going to go on, you know, Evan wouldn't you know life is people with skim milk in their veins have canceled the Radio City Music Hall Christmas Spectacular that's off Metropolitan Opera canceled, New York Philharmonic dark. So there is one major cultural event New York as well. It's a grants conference speak English speakers include Jim chanos sales first and buys later John Paulson the hero of two thousand and seven eight and nine and Beyond who was going to talk us about what he's doing now Merlin King former governor of the bank England Henry Maxi of the UK Great Value investor dead. John Waller who's a short-seller of biotech stocks will hear about the vaccine caps tnv Dylan rice, Monica Erickson Bruce flat and Stephanie Kelton who is going to tell me about modern monetary Theory. So what a day and as I say we no competition for this conference everyone else in New York is at home in bed taking their temperature seems A peculiar way to live one's life. There it is, but the Intrepid subscribers to Grants can apply for entry into this very elite group. However, as many cameras as there might be can get this on the world wide web. We have a webinar simultaneously with the in-person of that. So anyway, that concludes our advertising moment of this podcast off. So, but enter go ahead and you're going back to what you said a second ago, you said hear a lot of investors complain and a lot of investors still call themselves value investors. Just one week ago Bloomberg had a headline that read value in Jeff. Hedge fund gained 73% growth stocks and vote. I was curious why that article I pulled up the funds 13s. I'm not going to name them but they all such value stocks as karvana Shopify Zoom. I can name others, but unfortunately like that. It seems like the titles value investors a little bit like the British commander of the British Empire. Yes, it's still headed out but it's not as if we expect these people to go off and Conquer India. I am flashback from last night. I was reading reading Jim's book about a death in India and now mister Wilson went there to perform his task during The Life and Times of the greatest Victory rent..

New York Jim chanos John Paulson Andrew Cuomo India New York Philharmonic Stephanie Kelton Hedge fund John Waller Evan Dylan rice Bloomberg Henry Maxi mister Wilson Monica Erickson Bruce flat commander UK
"bank england" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:08 min | 3 months ago

"bank england" Discussed on Bloomberg Radio New York

"It is going to be more significant than the Bank of England. And it just means Significant number of people become unemployed, but it takes time for them to get back into the workforce Access a significant drag on the recovery. You've seen all the previous recessions in the UK when unemployment goes high. It's fine for the economy to recover, and that's why we think the recovery will be slow is in the bank thinks Yeah, And this, of course, is the worry across Europe isn't it of a jobless recovery where we do also get some data in the coming days about Claimant count about jobless claims. Change the Isle O unemployment numbers again. The bank venting in England expecting so 7/2 percent unemployment that is eye waters, like three million people out of Work. But is that also a quite optimistic? I've seen estimates for hire for the end of this year? Yeah, absolutely. For the data will get or next week will be four second quarter and again GDP data. It's pretty backward looking because the furlough schemes in place what we're not seeing in the unemployment data, at least of these big rises. Where we're expecting the rising bank. England's expecting arrives to its happen when Berlingske men's on that in October, so is being rammed down at the moment from In August, not favorites. It's being run down the medical finished so Pete comes at the end of the year. My wingman have 7.5% then we have 8.5 sentence. This works kind of the O B R U Case Watch, though, has blood and 00.9% which is really significantly higher than both our forecast in the Bank of England. I don't see, I think Are you at least that the risk the unemployment rate going higher than we expect the fall great unemployment not going is high, So this definitely hits big downside risks to the jobs market and therefore the recovery. Surely, though the key to all of this will be you know, the ever present worry around a second wave of the Corona virus and particularly in wind term, you know, talk of schools reopening and the challenges that that is going to place on on the health situation for the UK Yeah, absolutely. And I think In many ways for the economy. It's not just where the second wave happened is the risk of the second wave to that affects people's decisions on how they spend money. And the big reasons beyond what I mentioned about Children market the other degrees and think that recovery why blag is that consumers are going to be cautious there. Not only are they worried about their income, but also worried about their health. That means the less likely to go out and spend actually go out and do what we call Social consumption's two restaurants in the pub. All those things means the second way. Even the risk of a second wave. I should say, actually ahead with integration, of course in the second wave doesn't actually happened, and of course, that recovery of a completely blown off course. On the severity of the second wave, and how the government reacts. You could be looking at a double dip recession in the UK site. It is an enormous risk. Of course, Dan I can't leave it there. I have to have a positive note after all of this doom and gloom. Are we underestimating the UK economy? I mean, we're still G seven. We punch above our weight as we like to say, Don't we inventive and so on. Is there a glimmer of optimism anywhere? I don't think there are a lot of downside risks out there. But there were some upside risk, too, and I'll leave you with this one. On it. But in the aftermath of the Brexit vote, a lot of people underestimate the economy. Everyone thought there was a passage. RCMP questions Michael that was going to be a recession, the economy significantly outperformed. He calls consumers were happy that they have in their pockets and run down their savings. Now we know that evening rates have gone up significantly across the globe because of the lock down and it could just be that the lock down these I will do so comfortable about going out and spending money..

England Bank of England UK Europe RCMP Michael Pete government O B Dan
"bank england" Discussed on WAFS Biz 1190

WAFS Biz 1190

05:17 min | 1 year ago

"bank england" Discussed on WAFS Biz 1190

"Higher by eleven point three percent in the first quarter cash and cash equivalents three hundred ninety point seven million pounds. So an interesting couple of lines here from Accardo which year to date, of course, is higher by forty five percent more than forty five percent. So we'll see the share price reaction at the open in less than an hour's time. Let's delve deeper into our top stories, and every time Theresa May thinks that she sees a way out of the Brexit quoque. Maya something happens to derail her plants the latest spanner in the works was delivered by house. Hausa common speaker, John backhoe loobox. Thomas penny has the details. He told me that if she wants to ask lawmakers device. It again on how Brexit deal you will have to be substantially changed from the agreement. They rejected last week with time. Running out ask any further concessions is increasingly likely that may will have to go to Thursday's EU council us for a long delay. Meaning it might be another year before Britain leaves the block the anger. Team is palpable in London. Thomas penny. Bloomberg daybreak Europe. Okay. Let's cross over to Singapore to talk a little bit more about where this leaves sterling David finicky from the markets lawn team joins us now, David it seems that Brexit is on hold at least in the short term. I suppose the question is whether good EKO data a little bit later. We're getting jobs fake is my to give a boost to to stunning. Yeah. I think it needs. An you catalyst separate Brexit pacey being on hold. And I think the market wants to get ahead of itself. Just given all the twists and turns that the no deal is still on the table until there's a formal extension. So I don't think once the study survey too much ahead of that. But what it could to oversee is the data comes out stronger today the data then that's positive despite at by a flash data tomorrow fairly quickly feet into Bank England decision to this week on Thursday. And obviously if they start. Sound slightly more hawkish with everything that's going on. And obviously that would be positive. Surly or take out at nine thirty AM here in London. Let's also talk a little bit about Ozzy assets. David because we've seen both the AUSSIE dollar as well as the Australian ten year yields soften on the back of Rb minutes that showed that centreback is over in Australia or in. No hurry to become dovish said the minister indicated that quite patient quotas sort of neutral between where to go next hiking or lowering was the market Jeff unease expecting rate cuts, depending on who you speak to some banks thinking like to cuts this year some of the same one. So there's a big discrepancy between the two, and I'll be as big a bastion of strength, shall we say it's really about the labor market, which sent as conforming very, well, even though other economic data says consumer confidence business confidence GDP haven't. So we've got all the payroll data out this Thursday if that comes in strong than they can maintain its however. If it comes in weaken expected an employment rate starts rising. And I think the food for folks, we say, and I think the market we thinking it's time to come out the way of thinking. All right. Thanks so much. David Finnerty for real time market, commentary and analysis. Check out markets live. That's M L I V on your Bloomberg terminal. We are going to stay with the central banking theme. It's day one or the feds two day meeting. This chief stay the central Bank is predicted to keep rates steady on Wednesday and potentially change its productions to show it set hiking once or not at all in one thousand nine hundred eighteen however, the former New York fed president William Dudley says he thinks tightening could be back on the table later this year, if the carry picks up speed again as I expect will happen and inflation starts to drift higher than the federal will be back in play. Maybe as early as the second half of this year. Darvish tell from the world's central banks has helped sputter Roddy inequities from the US to emerging markets and economists expect the fed to reinforce that stones tomorrow. Meanwhile, the US agriculture secretary says China could triplets purchases of American farm goods as part of a trade deal between the country's Sonny. Perdue told Bloomberg that the latest trade talks are very dynamic. But that there are still concerns over how to make commit Smits enforceable. He said all agreements must be fixed. And that any tariffs will be finding is one tool for enforcement. And hopefully, the Chinese will understand that it's a matter. It's like really complying with the law if you comply with your agreement, you don't have anything to worry about if you don't consequences, and that needs to be that that was the US agriculture secretary Sony, Prodi's speaking exclusively to Bloomberg when it comes to other commodities Libya's, oil Minister Mustafa. Sonallah says that the country has increased oil output by a third in the past three weeks. Speaking exclusively to Bloomberg's Sonallah said, it's a biggest oilfield, the Sharara in southern Libya is currently pumping two hundred sixty thousand barrels per day, our production, and.

Bloomberg David Finnerty Thomas penny fed London US Brexit quoque Theresa May Accardo John backhoe Brexit Sonallah Europe secretary Singapore EKO Libya EU
"bank england" Discussed on Men In Blazers

Men In Blazers

04:02 min | 1 year ago

"bank england" Discussed on Men In Blazers

"Club you fan base, a genuinely kennel wait to get scattered smothered. You're gonna say for wealthy great Chelsea defender in which. Get him to come back talking. We've got a pack show. We're gonna go trading places reversing roles me as Chelsea fan. Rotas never to advance. As you said, this is the first time I've ever been in Evanston fan. I can feel your pain after Chelsea's six nil. Listless apathetic really use whatever adjective you wanted the full talk about out decapitation that mentioned cities we put the English presses livable in crisis storyline Tabet temporarily off the full holidays breakdown Marco Silva's return to what with your beloved Emerson. Sorry roach. And we'll go to the football with attest. I wanna raise my first third burger the day. To the life of memory of Gooden banks England's nineteen sixty six World Cup winning go. Keep who sadly passed away. This morning aged eighty one he was a remarkable, man. A man who rose up from working at the local coal pits to becoming the single greatest. British goalkeeper of all time hair row to every English schoolboy. Not just for the way, he played. He was brave. He was dominant. But the way lived which was humble he was modest of winners. True gentlemen to his dying day. It was not only known as a world cut win up. But also for the flailing twisting diving save which she astonished the world and Pele in the nineteen seventy World Cup. I point blank had the zillion forward. Leapt up was wheeling away to celebrate screaming goal as banks dived across flung himself across the goalmouth in the Brazilians words like a salmon. Leaping for war for Pele set a school. More than a thousand goals. People. Don't remember that. They remember the goal. I didn't school to the memory of Gordon Banks and all child at Harry's. But fan blood fam- midday live on in. Oh memories for a lifetime, warm, and they've yeah. The great Pele said it was the safest one of the best ever seen is real life in all the games. He's ever watched. He hit the ball. He said he ended exactly where he wanted to go literally willing to celebrate. And he just couldn't leave the banks at saved. It's remarkable. You can find it on little Google the YouTube. Okay. Let's get right into it. It's going to be hard for me man city six Chelsea nil. Could've been worse. It could've been awful. The defendant had chose also hand Chelsea football club is worst defeat in twenty eight years twenty years Rogers bad as it sounds. It was even worse than that city pulled four goals. Pulse. Chelsea and just the first twenty five minutes after strong Chelsea stop for minute in half by the time. Mike Dame, blew the final whistle with with a bit of panache hit Sergio Guerrero had a hat trick the eleventh of his primarily career equalling. Alan Shearer is all time record rise had a brace. I'm Richie Asari was in such desperately nicotine. He stormed down the had tunnel without shaking pets hand. Didn't see him. My us Chelsea plummet out of the top full while city. Go top on goal difference. Having played a game more than legally livable. They I'm going to be ten eleven. Stolnis. Shing. Ninety minutes. No of just the football, but of life experience to share with you with our audience. I kind of had a feeling that things were going to be a little for Chelsea before the game. They are Seri in his pre-game interview. What did is team need? He just let into the microphone, and you Jere FU p woods, courage. He said only says if he knew team on this day would not have any city dead to Chelsea what Chelsea had done to her. This Phil town the week before they made them relegation for the before we dive into this a red wedding of a football game four zero inside twenty four minutes..

Chelsea Gordon Banks Pele Seri football Richie Asari Gooden banks England Rotas Evanston Marco Silva Alan Shearer roach Tabet blank Jere FU Google Emerson Sergio Guerrero
"bank england" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:12 min | 2 years ago

"bank england" Discussed on Bloomberg Radio New York

"Business flash. Asian equities are extending losses from the US last night's stock sentiments after the fed raised rates for the fourth time this year, fetch chair Jerome Powell failed to stem worries. The tightening policy will choke growth going forward about sent US. Stocks lower last night and flattened the yield curve as well US futures this morning pointing to further losses later s&p futures were down as much as one point one percent a little bit earlier in Asia. The regional benchmark index has slumped the most since October currently trading lower by almost one point six percent Japan in particular has been hard hit with the topics even entering a market after falling more than twenty percent from John Reese highs we've been looking after Roussel Hsieh's, those shares rallying in Hong Kong trading after the United States signal that it was poised to drop sanctions on the aluminium. Pretty. As the billionaire Oleg Deripaska has cut his stake. Those stocks higher by about fourteen percent. In Hong Kong in fixed income the ten year treasury yields declining somewhat only somewhat though in relation to what we saw last night. Two point seven five percent is what we're seeing at the moment off to what was a five basis point drop in yesterday section when it comes to FX does a touch of dollar weakness today with the Japanese yen rallying it's higher by about half of one percents. We're seeing emerging market currencies coming under pressure. The euro is a touch lower trading at one spot thirteen Ninety-three styling traits at one spot twenty six forty six higher by about three tenths of one percent. Of course, looking at a Bank England decision later on Bloomberg radio business flash. Now here is Bloomberg spent cloth with more what's going on around the world. Thank you. Mark. The US. Senate voted emphatically in favor of a stopgap funding Bill to hit off the government shutdown. Down on Friday evening. The decision. Also puts off a confrontation with President Trump's proposed border wall until February German magazine Spiegel fired an award-winning journalist for February and his articles on a grand scale reporter and editor class religious admitted to weaving invented quotations and characters into over a dozen major articles the articles with folks or manipulated material includes several that were nominated or warded for journalism prizes. And the celebrations in Cuba on the back of news. The nation's best baseball players now have a legal way to sign with major league teams in the US. The Cuban baseball federations become the fourth professional foreign baseball Lee to enter into a similar agreement after Japan Korea and China global news twenty four hours a day on air and take talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred and twenty countries. I'm glad this is Bloomberg. Matt Ben, thanks Tokyo court has rejected a request to extend Carlos guns jailed attention, the move raises questions over the car titans future month after he was arrested. It doesn't necessarily mean he'll be freed immediately. Joining us now is Sophie Jackman, Bloomberg's reporter in Tokyo Soviet. I'm I'm a little confused because I thought prosecutors had moved to indict Goan. So does this mean he would just be freed on bail? Well, what's happened today? Does not necessarily mean calico will be walking straight out of jail. He already has been indicted on one charge of underreporting his pay and prosecutors were seeking to keep him under questioning about a second set of allegations. That were also about underreporting pay, but for different period of time that they considered allegations questioning on those is what the district court rejected today, he's still been indicted. So he's supposed to be in custody until his trial unless he applies to bail and bail granted, we know that it is relatively rare in Japan for bail applications to be granted. I was just gonna ask you about that Sophia. How unusual is today's decision by the Korte in what kind of context should we see this move. That's very unusual. Remember, it's not the police that have been questioning calloused gone. It's a special investigation division in the Tokyo prosecutor's office and experts that we've spoken to sit. It's extremely unusual. The court to reject applications for extending detention from this special investigation division. The court made that we really don't know. But it is a fact that was international criticism of the length of the detention the nature of it. I'm affected. Prosecutors had wristed him twice essentially for the same allegation. Just but different periods of time and isn't his lawyer formerly the head of the special investigations division. That's true. That's fascinating angle that you have people who formerly used to work with being on subsides off the bench, we expect to see possibly in Japanese media in the coming days. A bit more information about why some of these decisions were made. But it certainly is highly unusual to see the cord turning down a request from this highly respected us investigation division. So there was a video released by Greg Kelly's wife yesterday. And she was saying that this is really a coup. In fact, a lot of people have been saying this is it. We heard anything from psycho indicating that he might have been here heroes. The Kiowa into gain any might have been involved in the coup de he's very stridently denied that at that press conference that he held shortly after telephones arrest and Nissan has said they've done their internal investigation. They found wrongdoing by these two men in that full. They have to say certainly there are questions about the timing because with the alliance between Nissan and Renault. Going forward colors gonna figure ahead of that alliance would have to make some tough decisions about the future upon the measure was was talked about at one point certainly in reporting. So there are also motivations that we can stink. But Mr. cycle has pretty much stuck to his line that he was cutting out the rock with internal investigation, and that that had to be done because they did have evidence of criminal activity. Yeah. I mean, the alliance between Reynaud suddenly looks to be under strain by all of these on in Japanese courtrooms. What's next here? Sophie, that's my question. What should we be looking at two in the days weeks ahead? Right. Well, as you mentioned this the ongoing. Conversations between Nissan and Renault on the future of their alliance as going himself, prosecutors can appeal today's decision to hi- a cold, and that would slow the process down a bit about from that the next step is to apply for bail. And then the court will need to decide whether they'll grunted and remained any sun itself has been indicted sip. Really it's pot in these allegations at it's not clear at this stage. What pass that prosecution is going to take? So the story is definitely. And it does get bail soon. We might be able to hear his side of the story in his own words, which would add a.

US Bloomberg Nissan Hong Kong Tokyo Sophie Jackman Oleg Deripaska Japan Asia reporter baseball Jerome Powell Cuba Senate Roussel Hsieh John Reese Greg Kelly Mark Bank England
"bank england" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:29 min | 2 years ago

"bank england" Discussed on Bloomberg Radio New York

"The president told the Washington Post, he's not even a little bit happy with his selection. The post reports he complained at length about Powell in the interview saying fed policies are responsible for recent stock market slides and for plant closure. Layoff announcement this week from General Motors Bob moon, Bloomberg daybreak. Thank you. Now. Treasury Secretary Steven Mnuchin is looking for ways the fed might tighten policy without raising rates. Bloomberg's John Tucker joins us live with the details. Good morning, John. Good morning. Karen, the ideas to allow the fed to do its job without getting President Trump angry. Bloomberg news has learned the notion privately s bond dealers and investors whether they want the fed to tighten by raising rates or through faster cuts and a securities portfolio. Should pose the question electoral thirtieth meeting with a treasury advisory committee? Those members include executives from Goldman Sachs and J P Morgan pairing the portfolio puts upward pressure on long-term interest rates by adding to the supply of bonds that investors must absorb effectively tightening financial conditions. John Tucker, Bloomberg daybreak. Hi, john. Thank you. Meanwhile, the fed begins publishing a semi annual report on financial stability conditions starting today. Bloomberg's Michael Mckee reports the fed joins the Bank of England and other central banks in reporting on potential risks to the financial system. The new report will look at asset valuations household and business borrowing leverage and funding risks that policymakers have said recently, the financial system is much stronger than before the great recession, but caution is still required in New York. Michael Mckee, Bloomberg daybreak and Bank of England. Also releases its financial stability report today, and as Bloomberg's Paul Gordon tells us, the central Bank also weighs in on Brexit. Brexit has always been a political. Landfill. Pull the Bank of England. Now, we'll get some hard numbers. So we should hope for some clarity. When the Bank England says, this is what we think the Brexit withdrawal agreement will have on house prices on the banks capital, and so on and so on portion that B O E is due out around eleven thirty AM Wall Street time now when it comes to the US China trade dispute President Trump is optimistic about his upcoming meeting with Xi Jinping. That's according to National Economic Council director, Larry Kudlow, and his view. There's a good possibility that a deal can be made and bad optimism helped boost stocks in Asia today for the third straight session. Bloomberg's Juliet Sally has details from Singapore. Good morning Nathan. And Karen, the CSI three hundred gained one point three percent. The volatility was absent across Chinese assets, the one the least volatile since December Hong Kong's Hang Seng index games. Thanks to arise in tech players. Like tencent and sunny optical while the Japanese yen held me a two week. This seeing the Nikkei two. By one percent in Tokyo to close at twenty two thousand one hundred seventy seven points in Singapore. I'm Juliet Solly, Bloomberg daybreak. Juliette? Thank you on the corporate front. Ford Motor is trying to accelerate plans to build luxury cars in China to avoid President Trump's tariffs Ford hand plan to start production of Lincoln models in China late next year. Now, it's working to move up that timeline. Bloomberg news has learned deutchebanks considering a senior management shakeout. Bloomberg's Danny burger has details. Don't you Bank consume replacing senior executives who take care of their relationship? With regulators Dershowitz come under a lot of heat. There's the investor fears that they're being drawn into the money laundering scandal at dansko Bank. So these are very key positions at Deutsche Bank, in one's investors will be watching closely to see who fills them go at your banks trying to reassure regulators. It can improve compliance after several failures to head off misconduct and Microsoft has passed apple to become the world's most valuable publicly traded company. The iphone maker has lost more than three hundred billion dollars market cap since it's October. Hi, s and p futures are up eight points this morning. Dow futures up eighty eight NASDAQ futures up thirty straight ahead. We have the latest world and national news. This is Bloomberg. Thanks, Karen, six oh, seven now on Wall Street, Michael bars here to tell us more what's going on around the world. Michael beggar very much Nathan Cindy, Hyde Smith one Mississippi Senate runoff election. The Republicans campaign was marred by several controversies including a comment about public hangings. All right Smith, thanked President Trump for his support people. I was unbelievable. Unbelievable. We got to ride together. And I sure appreciate the time that he gave me Senator Lindsey vice-president, Mike pants, Mike is they turn out.

Bloomberg fed President Trump president Bank of England Karen John Tucker Michael Mckee Washington Post Singapore China Nathan Cindy Bank England treasury General Motors Deutsche Bank Goldman Sachs
"bank england" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

09:03 min | 2 years ago

"bank england" Discussed on Bloomberg Radio New York

"The Chinese researcher. He says he altered the genes of twin girls standing by his work. He's also revealed as second gene-altered pregnancies underway amid growing condemnation speaking out of genetics conferences, scientists also claimed the Gaza born healthy with edited jeans and a bit to make them resistant to HIV scientists globally have publicly criticized his projects the European Union has unveiled its long-term vision for fighting climate change, the EU outlined a strategy for carbon-neutral society by the year two thousand and fifty that comes just days after President Trump rejected is governments warning on the cost of global warming and Saudi Crown prince Mohammad bin Salman has been internati on the latest leg off his first foreign trip since the murder of journalists Jamal kashogi his trip came after two days of protests a link to the killing global news twenty thousand day on Aaron at tick tock on Twitter, powered by more. Than twenty seven hundred journalists and analysts symbol, the one hundred twenty countries. I'm guarantee this is Bloomberg markets. Thanks very much. Indeed Leon now the Bank of England is publishing the findings of its latest financial stability report and Bank stress tests this afternoon, but this time around all eyes will be on the banks economic analysis of the government's Brexit withdrawal agreements for more. What to expect I'm joined by Bloomberg's editor for western central banks. That's Paul Gordon. He's on the line from Frankfurt, Paul. I remember when we spoke about the financial stability report last week, you you described any Brexit commentary as a minefield for the Bank of England that statement, nor any less true this week. No, certainly not. I mean, the Brexit has always being a political minefield pull the Bank of England because it feels it's obliged to comment on the economic implications. And of course, has therefore has been accused of subscribing to project fair and so on now, we'll get some hard numbers coming out today. It'll be publishing the financial stability review. But as you know, the real focus is going to be on this assessment of this. Brexit withdrawal agreement that will be published at the same time. Four fifty GMT today. How much substance can the B O? We actually produced though, seeing the the political landscape and the political sensibility. Well, it's looking at some different scenarios. There's been quite a lot of confusion. I bought the Bank of England. Does this came from leaks from a cabinet meeting a little while back, and and various other comas be made said yes that the worst case scenarios in a stress test. I'll want the Bank the England sees in a no deal Brexit case as being confused about that. So we should hope for some clarity. When the Bank England comes out and says, right? This is what we think the Brexit withdrawal agreement will have on house prices on banks capital and so on and so on. What about the financial stability? Reporter. What's the mood music sounding like ahead of all of this report? The Bank of England is consistently. We saying that GT years building up capital requirements for banks far more resilient, and they are well prepared to deal with extreme scenarios and the stress test, and certainly therefore, I know deal Brexit. The key issue is always being making sure that financial contracts, derivatives, insurance, contracts, etc. Have an existing framework after the UK leaves the European Union whenever that turns out to be under whatever terms. The Bank of England is always said to some extent regulators needs to get involved. The B has much more being saying the private sector can handle most of this by itself, and it will take gross mismanagement not to get over that hurdle. So we may get some more words on that from this report as well. All right. Yes. Yeah. The coming out with its financial stability assessment tomorrow. Paul gordon. Bloomberg's editor for western central banks. Thanks so much for being with us. Let's get back to Michael LeVine. If he's chief investment strategist at nor Daya wealth management, and he's still with me down the line from Stockholm. Great wants great to have you on once more, Michael. I mean, you're looking at the Brexit story with the benefits are some distance perhaps there from Stockholm. What's your exposure looking like to the UK you were talking earlier about how you are underweight? European equities seeing the political landscape in places like Italy. And also when it comes to Brexit. Yep. Our exposure are for to European equities which written obviously. It's a part. So. Yeah, brexit. Part of our our view that we we should take it a little bit more carefully with the with the European European equities. And as you say sitting here and stuff from trying to follow all the moves and and whatnot in the Brexit draw. My it it's it's hard from time to another keep track actually, but our main assessment terrorists that. You sort of have to believe that they would not be a serious crash out of of the UK from from Europe that song kind of of the lower or whatever you like to call it is it's actually reached and also political events like these are very hard to to sort of factor in into and strategies since you basically have to bet oven outcome, then on the outcome of the outcome. And I mean the first come here. Hey, we're going to have a dealer is. Yeah. It's preps hanging in the air. Yeah. Absolutely. I mean, you talk about investment strategies than the sumptuous they need to make how difficult is it to get FX. Right. I'm not only talking about sterling. I'm talking about the euro. I'm talking about the Swedish Conan how much do you? See these currencies being pushed around by politics. Of course, short-term they're there are waste sort of the the risk of of all big moves, and as you point out excess isn't notoriously hard area to sort of the sort of. But of course, in this risk of environment door where the markets are a bit to worry. You always turn to to the safe cards like dollar or or the switch sprang or or practice, heat under Japanese gem. Okay. All right. So those safe havens safe haven place. Michael I also want to talk a little bit more about the Federal Reserve. We've heard from a slew of different fedspeak is in the past twenty four hours overall. The message seems to be that. A December rate hike is almost a given a suppose the question comes when we look ahead to two thousand nineteen some fed officials identifying frailties going forward weaknesses regarding trade, for instance. That's what Esther George the fed president said. What's the rest from your perspective that the Federal Reserve gets policy wrong in two thousand nine hundred nineteen. There's there's a with risk. But at least my perception of the fed are that or if they are pretty competent, and and it's hard for a central Bank to make hard commitments going forward and covered either yesterday also indicated that. That they are going to be the data dependent and here. Here. I I think they will probably try to do the right thing. And it's always easy for the markets with hindsight to say that they were wrong. But they have shown so far. I think they have a pretty good view of what's happening both in the American economy, but also internationally just going back to two FX DC dollar strength going forward to do you see the dollar stabilising? Probably stabilizing or perhaps strengthening a little bit in the short term. Depending, obviously if if this what's gone environment continues if we should get more bad news. I think the dollar upside but looking beyond that this the market calms down a little bit. We should see some weakening. I mean, it has been strangling a lot. And then we'll see that central banks probably moving twenty nine teen. Yeah. And also positioning stretch the dollar at the moment. Michael LeVine, chief.

Bank of England Brexit Michael LeVine Bloomberg European Union UK Federal Reserve Paul Gordon Bank England editor president Frankfurt England Gaza Crown prince Mohammad bin Salm researcher Twitter HIV
"bank england" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:28 min | 2 years ago

"bank england" Discussed on Bloomberg Radio New York

"Of the latest headlines with. Hannah George at, the Bloomberg, daybreak desk good morning. Hannah good morning Karen President Trump and Canadian PM Justin Trudeau discussed US Canada trade in a call the White House said the two will continue. Productive conversations after the US and Mexico agree to replace NAFTA Canada's foreign minister travels to Washington today tensions, between the US and China remained high President Trump said he's not ready to talk trade with China denting expectations for a Nathan deal after the Mexico talks and some, polls for copper. Bowls Cadel who made a new, offer to. Striking workers that it's on citing. Chilly bolstering the chances it will avert an extended outage full news, he, needs to, start your day check out daybreak on your mobile. Phone on the Bloomberg anywhere app Karen George thank you also watching shares of Tiffany this morning as. They rise four percent in early, trading at reported sales that. Beat analysts estimates BJ's wholesale revenue. Beat and best buy boosted it's outlook for the year futures this morning are higher s&p. Futures up, three. Points Dow, futures, up Twenty-nine NASDAQ futures up. Fifteen in the, ten year, treasury down one thirty. Seconds yield two point eight four percent and that's a Bloomberg business flash Tom and Pam turns thanks so much screen on the screen the Dow. Futures twenty six thousand one zero five as well it must be August where you're gonna have a back, and forth between different news organizations and given institution in this case the uproar is in England over the hundred and twentieth and current governor of the Bank of England, one m Carney. Lucy meek and joins us here, so Lucy. We cover this on surveillance this. Morning the Evening Standard which is a reputable rag in the United, Kingdom Comes out and, says treasury his sorta offered another term or whatever Tamar, Carney, and then the treasury comes up moments ago with Reuters says no we. Don't recognize reporting it all? Does, Lucy Meakin, know anything about this did you, see governor Carney well you know we spoke to him in June and he told us. That time has plans hadn't changed and his plans, three straight, wa initially when he joined the Bank of England thirteen he. Said he'd stay for five, years which took him to this gene then after. The Brexit vote he'd stay extra so. That tickets to next gene so, he'd be around for Brexit negotiations and. As far as we're aware that, is, the situation l. step down next June However we do have, this quote from the standard now the reason this. Evening Standard is interesting is because it's. Current editor George Osborne was the man who appointed Mark Carney Bank of England governor When he was chancellor they. Neglected, to say see this is what I don't like Lucy me first, of a Lucy knows more than we do I should say so much British soap opera pin why didn't you pick it up well days of our Bank of England okay, so? What, what would, this mean I mean let's. Say. That that Mark Carney, stays on for an, Osborne, on the same team is prime minister may. And the answer's no right well I mean he's. From the same party okay He. Said He did not, support? Brexit right which I've chosen is pushing through at the moment, and again I know we're talking, about it, but again this comes down to Brexit because although the Evening Standard report was we don't know where it, came from but one could theoretically extrapolate to say they would want Connie to stay longer because if we have a cliff edge of Brexit, in March and then he's gonna leave. In June We probably don't want be changing thing when, governor Justice the is facing up to Rex John Farrow are you get Footsore. In the morning Can you tell me Lucy, the Tottenham beating Manchester United three to nothing is because of Brexit because everything else in America in the United Kingdom. Seems to be Brexit I'm at some point that will be a story about football as visas or something that will bring us. Into Brexit on football. I'm sure. About art let's stay let's stay off the pitch for just. A moment to channel my inner John Farrow Is it any it does went Mark Carney were to leave does he take. Two hundred people with him or does he take an inner circle of like five people what happens when the head of the. Bank of England leaves. So theoretically. When Connie leaves Mark Connie leaves and we Bank England governor. Who will take on Presumably most. Of his staff there? Might be, some small changes but the rest of the, monetary policy committee stays same okay so if Mark Carney is? Going to hedge his bets or if indeed? The UK treasury says well we don't know what's going to? Happen with Brexit will make this decision later will float this? Idea out there does that make, sense I, mean do they have to give some kind of You know. The scheduled announcement or? Can they, change their mind as late as next June Actually it's a good point the question is that they haven't advertised this job yet So. We've been waiting we've essentially been waiting. For, job advert to come. Out that's interesting is in the front of the economists Economists usually have any economists why can't. You do that on Bloomberg, you could. Just put it on. You know Bloomberg dot com I'm sure we'll be writing. It up. If you want to apply we'll be Well no What? Is the what's the process? For appointing a Bank of England said the process is that an effort will go, out generally this is not really, spoke about but generally what happens is if there are people they want, to apply they will contact them and make them aware of. The, effort One big thing currently, is they're trying to increase diversity and there was a, parliamentary committee, oversees this whole process and, they've said they want to. See, a more diverse pool of candidates going forward sign nineteen we'll see some high, profile women being? Asked to apply who is? In charge of the protests as you say the process is run by the treasury, and the chancellor the exchequer which, is currently Philip Hammond and he hasn't said yet really he hasn't really, given us any details about what he's looking for this point All right This has. Been great Lucille. Soap operas I, love what you said it's about, Brexit, which another episode another series of yes minister Lucy with, Bloomberg news watching the story and again review the Evening Standard and she mentioned Mr. Osborne, involved with that coming out and saying treasury offering Mr. Kearney, I guess another. Tour duty another year, whatever, it is and then treasury. Saying no that's. Not true and Reuters writing that up Is the reporting I don't know this, is the quote unquote. Is the treasury spokeswoman said we don't recognize their reporting futures up three John. Futures up thirty they've takes Dow futures up to twenty. Six thousand one oh seven dollar. Flat little bit weaker euro one sixteen ninety six one eleven twelve Pimm FOX, and Tom Keene please. Stay with us this is Bloomberg This is a Bloomberg is.

Bloomberg Bank of England governor Carney Lucy treasury Brexit Evening Standard George Osborne John Farrow Dow Mark Connie US Reuters Mark Carney Bank England United Kingdom Hannah George Lucy Meakin Lucy meek
"bank england" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:24 min | 2 years ago

"bank england" Discussed on Bloomberg Radio New York

"The breadth story still pretty good if the volume's deteriorated somewhat but i still think the us is that port in the storm off every day with the us markets will caps and yeah and i don't think there's a reason not to think that this is a corrective move larry small capsules so i think it's been incredible how well it's being sort of isolated from everything that's been going on am space that we haven't seen any contagion and i think at the moment that continues clearly if the spiral aggressively sort of more lower than i think at some point that will take it's toll but at the moment i don't think that's yet what the charts tell us david about the england columbia i have two apart from the fact it is the most important thing today it's going to be an extremely nervous evening i think it's going to be like when i was watching doctor who has a child i'm with you i think england should win but i don't think it'll be easy but i think as we were talking before and i just misses being the best world cup i've loved virtually most of the matches that we've seen in brazil against belgium in the next round that final isn't it that is a fine lend itself yeah that's got to be a tied to and and to win i actually had to step out i did have spain originally from past i should actually full disclosure on that one and then i saw sort of belgium after the first match and the quality side and i i still think despite last night i think belgium would be my pick and england getting how far if they manage to scrape pass columbia we're looking ahead but it's fun we've got a swede sitting lose against the course swiss banks england switzerland in the quarterfinals so we're both jumping the gun significantly england russia seventy eight how about that for atmosphere i think but getting ahead of all things let's wrap it up david thank you very much for coming us bringing us the charts but you'll take on the world cup as well they would joining us from credit suisse hurt his daughter turns once let's get back to him now marcus carlson here with the international headlines but very good morning to you once again guy uk labor leader jeremy corbyn we'll have to walk a tightrope when he today addresses britain's biggest union unite bloomberg's thomas penny says a change in brexit policy may be underway with a poll showing fifty seven percent of the union's members opposed labor's policy of leaving the european union single markets after brexit unlike copen wants a referendum on the final brexit deal he might not get the rapturous reception he would normally expect along with pressure brexit from members of momentum this is swell of discontent the leader to dismiss us the usual suspects in london thomas penny bloomberg daybreak europe the president of iran has sandra harney has arrived in switzerland and visits austria tomorrow with a landmark nuclear coordinate the two alpine countries hanging in the balance bloomberg's scholar whatever lee reports president has enroll hani's visits will give the first crucial size of whether iran's european partners in the nuclear deal have what it takes to save the accord after us president donald trump abandoned it in may and reimposed wide ranging sanctions rohani has said that if you cannot provide iran with guarantees of the deals economic benefits it will have little incentive to stay compliant too it's times in tehran valley bloomberg daybreak europe in other news twelve boys and their football coach who have been found in a cave in thailand may not be able to leave that cave for months it remains flooded and the group will have to learn how to dive in order to get out and he was secretary of state mike pompeo will visit north korea on thursday to continue nuclear disarmament talks bloomberg's stephen engle says this comes amid several independent reports that kim yong is continuing his weapons production basically all concurring kim not preparing to disarm them in the runup to the june twelfth summit and in the aftermath of that summit among the main complaints the north koreans are increasing their fuel production they're building more missile launchers they're expanding a king rocket engine manufacturing facility again these are unsubstantiated and not officially verified global news twenty four hours a day on aruna take talk on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm markus karlsson this is bloomberg thank you very much indeed marcus back to.

us fifty seven percent twenty four hours
Brooklyn Bank, England and Westwood discussed on All News, Traffic and Weather

All News, Traffic and Weather

00:57 sec | 2 years ago

Brooklyn Bank, England and Westwood discussed on All News, Traffic and Weather

"Thirty is brought to us today by signature business banking from brooklyn bank and an eighty four year old former new england mafia boss has just been convicted of killing westwood nightclub owner steve dasaro more than two decades ago he was from westwood as nightclub here in boston jurors moments ago finding says cadillac frank salami guilty in the slaying of stephen dasaro back in nineteen ninetythree also is co defendant paul has been convicted each now faces up to life in prison and there were tears in the courtroom are karyn regal is in the courtroom we're going to try to join with her live from the federal courthouse in boston daughters and we are definitely having some connection issues with the federal courthouse in boston our policies we're going to try to reconnect with karen let's go to boston defense attorney phil tracy right now he tells.

Brooklyn Bank England Westwood Frank Salami Stephen Dasaro Paul Phil Tracy Steve Dasaro Boston Cadillac Karyn Regal Karen Attorney Eighty Four Year Two Decades
"bank england" Discussed on 1075 KZL

1075 KZL

01:55 min | 3 years ago

"bank england" Discussed on 1075 KZL

"Such what i mean what what a even the meat hook like what happened what i can tell you a video larry i he married know do you have any idea what you're doing here or you're talking to are you go to a are you going to own a um bachelor party really back your comeback yeah a bunch of friends and i gotta go bowling and drinks and beer in we're not gonna go look up a bunch of all right i don't really appreciate how you're sick and your business here i'm not i'm not confirming hey hey i was confirmed the rest of four dancers look at kicked you're gonna listen listen you're not going to do any of that look we have our one of our best dancers is uh he does the roddy pipe or you don't wanna miss that change it's been very clear about what is going on yeah all right you're not coming in if you do on monday show your path is that we are going to be it the bachelorette party who working all your guy hit guy goes to the bachelorette party anyway and then she also paid extra money for us to do the screwed across land it's honor him half hour guys has like the unicorn want to hear that horn on all day long i'm not gonna listen to you yes what i'm going to be at the house saturday i wanna meet all your hookers take thereafter kick them out of my house in my house and we're not doing it all right i mean she's gonna pay for everything including the puerto rican fall bank england her we can handle that would honor credit card screwed you i've already told you what's going on here you just be an whilst you have or call us because she paid for it so definitely not going to have or call you and don't send them hey don't run or cart back how this is going to an well i think it's going to end impure joy at your house you know at the pasadena mudslide anyway so i don't know a map of a male's through club this is jerry.

horn mudslide puerto rican pasadena
"bank england" Discussed on VIBES-LIVE

VIBES-LIVE

02:12 min | 3 years ago

"bank england" Discussed on VIBES-LIVE

"By a new turntable receive one hundred dollars in free vinyl remember house of records at six eight north prospect in the sixth avenue business district in tacoma where every day is record store day yeah man two bank england.

tacoma one hundred dollars
"bank england" Discussed on RobinLynne

RobinLynne

02:12 min | 3 years ago

"bank england" Discussed on RobinLynne

"By a new turntable receive one hundred dollars in free vinyl remember house of records at six eight north prospect in the sixth avenue business district in tacoma where every day is record store day yeah man two bank england.

tacoma one hundred dollars
"bank england" Discussed on WSJ What's News

WSJ What's News

01:58 min | 3 years ago

"bank england" Discussed on WSJ What's News

"In suburban area is uh you know is not written about in our pages and other others money all the people that are now starting to graduate college and start families and buy homes the not really interested in living you know forty fifty miles away from the city and that's where a lot of new homes are built place that's a place where you can build a hundred new homes at a time um and they just can't meet the man with the infil uh you know in the close in suburbs are in the cities and last but not least eric janet yellen the current fed chair she may be a lame duck but what she says is always focused on and there's gonna be a panel discussion involving fed chair yellen and some other leading central bankers in frankfurt journey this tuesday yeah that's at the blockbuster panoply of the head of the fed the head of the european central bank the head of the bank of japan and had a bank england they're all the same panel so basically you wanna know it's gone on the economy you buy the find it right there a lotta star wattage the i'd definitely when it got what it comes to central banking so uh take a look at that for really to reasons one the obvious what are these important mines have to say about the economy heading into the next year they're all kind of in the various stages of tightening writing and pulling back on monetary policy and that that's a tricky thing to do and get it right so what they say on their plans is interesting but this is also one of janet yellen first opportunity she did a real small speaking engagement less the recently but this is kind of maybe the first option you for her to address her future and the future the fed with without her is the leader and there's one question is will she stand the fed maybe not every one realizes that the governor and the chair positions are kind of separates she can remain as the governor's is she didn't have to leave the fed so certainly that would be huge news if she told her central banking friends that she'll be around for a few more years and the other is you know what's what's your reaction to.

central bank janet yellen fed frankfurt bank of japan
"bank england" Discussed on Monocle 24: The Monocle Weekly

Monocle 24: The Monocle Weekly

01:55 min | 3 years ago

"bank england" Discussed on Monocle 24: The Monocle Weekly

"Vladimir putin might be there as well and they might just have a site meeting so when you've got to friends and you know that really got on a new invite them out on the same afternoon in that might be bit crossover i always find the old marginal bilateral coin interesting though general violent show is that the technical dealt with at ateq 9'0 america a little little from column i am a little from colombey bill do we have one more day one more day in asia china specifically on saturday it singles day single people yeah this is a huge huge thing it's absolutely massive it's like valentine's day but rather than for couples is for singles is because it's the eleventh of the eleventh one one one one numerology can selena important role in that night and there are some extraordinary social phenomena i know for example that there are a lot of people who is this right but is is when people higher yes i gotta find boyfriends even husbands and wives to play the role so they're not singapore singles there any type of home video parents and like this is my significant other and they're like oh that's very good but they're not they're just they're just been hired it's supposed to be day to celebrate being single is supposed to grab banks england's i'd this is great but they also do these strange things out that apparently the people have like singles potties where they bring lesson will friends around in this light aberlich a blind date day so so he just clarify its meant it was always understood i've never been able to separate the chinese the single day from the demographic phenomenon of that being gender imbalances because of the onechild policy mancini was that it was a cut it imposes a way to alleviate some of the demographic pressures caused by that but you're saying it's almost like mother's day for example of father's day but physical people it's kind of a celebration of of singled him it's a single people to do what they want if a single people want to celebrate being single they can if they want to use that day to stopping single they can do that i'll i'll get as with all things in the world ever.

Vladimir putin asia china mancini valentine banks england
"bank england" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:41 min | 3 years ago

"bank england" Discussed on Bloomberg Radio New York

"Door rate hikes you talking about yeah i mean he would question mind my chat about rate hikes since it looks like a bank england axa kept interest rates on hold last week but what we're talking about is something that it's doing with a plane called the term funding scheme this was a measure introduced in the wake of the brexit referendum and it was intended to help blenders pass on the benefits of lower rates to their customers so the bank of england says that they're going to end the plan on schedule and what that means is that it's kind of the end of what was a nearly free funding lunch for alternatives to the big high street banks in the uk such as lloyd's and barclays than so does that affect banks well what we're looking at is a subset of banks called challenger banks and so the government wanted to increase competition in the banking sector and give the big giants have run for their money by allowing smaller institutions increased market share and so that's what this bank of england plan sort of what's the meant intended to help them do but if they take away this punched fall than what the these smaller banks are going to see is that their funding costs are going to start picking up and so they're gonna be finding themselves pet plank competing on a more level playing field with the big boys jennifer ryan in london thank you very much you can read more fast commentary in signals has set bloombergcomcareers life or by typing g a d of go on the bloomberg now it's time for our daily bloomberg law brief exploring legal issues in the news and today bloomberg law hosting grasso discusses special counsel robert muller's a recent move to use a grand jury in washington d c as part of the probe into russian interference in the 2016 election she said jed sugar men a professor at fordham university law school and gene healy vicepresident at the cato institute does the existence of.

interest rates uk lloyd bloomberg robert muller washington professor cato institute england axa bank of england jennifer ryan grasso special counsel jed sugar fordham university law school gene healy
"bank england" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:51 min | 4 years ago

"bank england" Discussed on Bloomberg Radio New York

"Six hundred journalist amount almost it more than a hundred twenty countries on michael bar this is bloomberg it's like coming up the mike market drivers apart brought to you by ever city spence tri state dealer when it comes to weathering elements put your best for wheels drive forward with our city bends for mad a call we'll drive is your local my city spend steeler for a test drive today and right now as we are talking my red hot bloomberg here in the year ahead summit yes yes and we're here had a summit with a lot of people can convert getting around the coffee i don't know if it's and i know it's really coffee but i think it all they can at their invested in pounds gurley well yeah right now mark harney and had it that the easy bank england is testifying in front of the house of lawrie to economic affairs committee and it's eighty an interesting time for mark ernie who's probably going to leave the office of governor of the bank england in the near term and you know it comes at a time when he's trying to stimulate the economy after that rex it vote yet to beat times in the pounding the sterling as you're saying has really kind of compromised you stimulus athlete sixteen he'll to bounce back you see not on market is in do has been doing very well the puts it the puts in one hundred has been very well put the one hundred yards but you know and this could be perhaps on the idea of inflation and you know potentially up twelve and a half percent and potentially you know have the export power increase as a result of the week of pound that said bind you don't have been inclined do the same inflation expectation and missing huge problem for the bank and when they have been buying corporate bonds and yields in order to lower barwin casa sin like the kind of the that like this throws a wrench in that because borrowing costs are rising as a result expectations of more inflation so it's important kind of.

bloomberg england the house lawrie mark ernie gurley mark harney barwin casa one hundred yards
"bank england" Discussed on KMOX News Radio 1120

KMOX News Radio 1120

01:44 min | 4 years ago

"bank england" Discussed on KMOX News Radio 1120

"Is on the way Chris Shula CBS News White so for Springs West Virginia meant necessary the medical requirements in a Texas abortion clinic law and so says the Supreme Court it is struck down the court says Texas is clinic restrictions placed in on do Burton on the right to women to seek an abortion all but about ten clinics in the state were forced to close Andrea Miller of the Institute for re productive health says we're hopeful will be possible to re up and many it's not all of the clinic Raleigh Newman of Operation rescue says the court was wrong to conclude the law didn't protect women's health everybody wants to make sure women are safe and have a healthy environment have the surgery an area that CBS News Washington it's believed similar laws in six other states are affected as hard as Downing straight fought to keep Britain in the European union it ill made plans just in case so the Rex it vote does not catch the government without Snickers down prime Minister David Cameron it's may not have been expecting the referendum result but as the chances of that this morning the treasury banking England and all the financial forties I spent the last few months putting in place Boston contingency plans us treasury Secretary Jack lose says it will all work out I believe they will be in on the can't wins but I think as we've seen there is kind of orderly miss in the markets if there was a surprise in a reaction but the systems are all working on Wall Street The Dow however is down three hundred eleven points Naz next off another one hundred twenty-eight oil prices of forty six dollars a barrel forty percent containment now of the Erste can wildfire in California two hundred fifty Holmes another buildings are gone Kern County fire Chief Ryan Marshall This is a lot of damage this is going to go down as the most destructive.

oil prices Ryan Marshall fire Chief Kern County Holmes Jack treasury Secretary Boston prime Minister CBS Raleigh Newman Chris Shula California Springs West Virginia The Dow treasury banking England David Cameron European union Britain Downing Washington Andrea Miller Burton Texas Supreme Court forty six dollars forty percent