asia meantime, let's check in on japan. we have a strengthening in the yen. that's taking down equities lower by .30%. at the boj meeting, the shanghai comp seeing gains along with the hang sang. had the first import gains for china in two years. trades are pretty much in line with expectations. >>> have a look at broader markets. oil prices closed up around 1.5% yesterday. we are higher again today. up 2%. 46.4 for wti crowd. this week we've seen a nice bounce back from two flegtive positive. up 2.4% for the week yesterday. out 4.5% for the week as a whole. these big moves now becoming path of the course over the last couple of months. indeed over the last couple of years. >> let's skr a look at at the dollar. did strengthen slightly and weakening slightly today. not significant moves around the margin. only moves around the margin last friday was the big one around the jobs number. this week we've seen slight moves around all the currency as you can see. the euro of course awaiting the ecb decision later. we're not expecting a cut in interest rates. we are

officials believe the new strain is coming from southeast asia and not from south america. >>> governor rick scott meantime cancelled a trip to washington, dc to lobby for money to fight the zika virus. instead the governor will remain in florida to monitor the response to hurricane hermine. today congress returns from its seven-week summer break. earlier this year president obama had requested nearly $2 billion to fight the zika virus, but lawmakers left washington in mid-july without approving any of that money. >>> a tampa patrol officer who died while off-duty last week will be laid to rest today. fred arnold iii died while scuba diving in nevada. he'll be laid to rest at 8:15 this morning. his casket will be brat to life point church in tampa. the funeral is 11:00. he was a 27-year veteran with the tampa police department. >>> 4:39. traffic alert for largo. starting today all northbound lanes of seminole boulevard intersection of 16th avenue southeast. detours will be in place as crews work on water pipes in the area. that work expected to take 10 days at least. the southbound lanes of seminole boulev

meantime fox news has learned that his wife asia bibi rahami landed last night in the united states and she visited pakistan in june, she's said to be cooperating with authorities. she is not considered a suspect. we also have new surveillance video showing people running for their lives when the bomb went off in lower manhattan saturday night. this as the nypd denity commissi deputy commissioner john miller says the investigation as to whether he had help is ongoing. >> we're open to any possibility that he acted alone, that there were others involved, that he could have been inspired by a group, enabled by a group, directed by a group, but we're not there yet. >> reporter: a bloody handwritten journal rahami carried while he was wounded in a police shoot-out had references to osama bin laden, al qaeda and isis. there are also questions about rahami's family. as authorities find out whether they knew about the 28-year-old's alleged bombing plot. investigators found a video on a relative's cellphone showing rahami laughing while testing an incendiary device in the family's backyard just

meantime we have more coverage. joe: i want to get the daybreak asia anchor betty liu who has an exclusive interview with stephen schwarzman. betty: great to see you. >> great to see you. betty: you just got back from china, you launched the scholars program with the university. and i know that you spent quite a few days in china. you are at the g-20. , what was -- tell me, what was your impression of china? betty: -- stephen: china is always changing. things seemed to be stable. at the currency is south of the range. the economy is still being reported in the 6% growth area and there is a sense of -- at the world thought about china in the first mother to of this year in the first -- in the first mother two of this year incorrectly. everything seemed to be going wrong financially, whether it markets,ncy stock economy, but that moves behind them. now it is ok. the economy is moving, doing better than people thought. -- itconsumer-based and is consumer-based that they are trying to move to. it seems to be doing ok. wages are up, hiring is up. ok, wee is a sense that are at another level. we are at a satisfactory level. let'

meantime, president obama's so-called pivot to asia has prompted rising tensions with china, which isnt on being the major player in the region. china and russia are holding joint wargames which coincide with the biggest ever u.s. maritime drills in the pacific. correspondent stephen engle reports from guam. >> it is simulated wartime. the tarmac is a traffic jam of bombers and fighters. we know who has the right of way here. 135 strata tanker is old school. this one was built in 1962. it is still a vital part of u.s. air superiority. in asia, where china is strengthening its capability and north korea is extending nuclear weapons, extending flight time is critical. airtimeut refueling, would possibly be cut in half. >> as they go and dog fight, they burn fuel much quicker, and we allow them to continue to fight, allowing them to extend their training time and maximize their time in the air. >> we've got to go fill up some birds right now. >> the refueling station in detail is cramped quarters. >> here she comes. >> thank you, sir. >> they call it parking. the supersonic f 15 basicall

meantime, in japan. bond yielding climbing to six-month highs. covering the story for us from asia>> >> reporter: the decision widely expected. no real surprises with the rbv holding fire after they cut the rates. we did see the 200 under pressure on the back of that decision. down about .30%. governor glen stevens providing over very last central bank meeting say that current policy is consistent with sustainable growth in the economy and achieving that central banks inflation target although he did say the exchange rate could complicate that. we saw the aussie dollar rally for a fifth straight day. gaining .70% against the dollar there. this decision from the rva coming one day before we're expecting the second quarter gdp numbers. expected to show the economy grew at a slower rate than the first quarter. although they are on track to mark 25 years without a recession. over in japan, the nikkei extending gains from monday. closing above that 17,000 mark. hitting a fresh three-month high. expectation has the bank of japan could cut back on longer term bond buying another the next

in the meantime, take a look at what happened overnight in asia. the nikkei was up a quarter of a percentage point. markets higher in china too with the shanghai up .60%. hang sang putting in a similar gain. if you take a look at what's happening in the early trading in europe, things are mixed at this point. dax is up a third of a percent. cac is up just under .20%. ftse is down .20% and check out crude oil price this is morning, up 1% settling in just under $45 for wti. >>> among stop stories. $65 billion transaction bayer hiking offer for monsanto to $127.50 a share. up from $125 offer. monsanto acknowledging the latest offer. calling the discussions con struckive. have been in talk since may. bayer believes acquiring the seed maker would position the firm to help farmers produce for a larger population. we'll have a lot more on the potential deal in just a couple minutes with an analyst. other news, volkswagen truck division preparing to take 20% stake in navistar. vw will supply engines. announcement expected as soon as today. volkswagen will

. >>> meantime, president obama is reacting sharply this morning to trump's criticism of his leadership and the state of the u.s. military. at a news conference wrapping up his trip to asia, the president said every time trump speaks, according to confirms he's not qualified to not be commander in chief and urged public and media to follow-up on what he called trump's uninformed or outright wacky ideas. >>> now the latest on the fight against the zika virus. miami-dade county officials have delayed the spraying of a controversial insect side following concerns voiced by residents. mosquito control crews were supposed to begin spraying over on capitol hill. a republican congressman brought a container of zika free mosquitos to the house floor to make a point about the fear that floridians are facing. >>> do you always pick the wrong checkout line at the supermarket? wait until you learn the secrets to spotting the one you should be standing in. >>> an exclusive newoo exploring the amanda knox case. >>> and another deserving person's dream comes true. don't want to miss the next how are you doing today? that's how i am. with the blue cash everyday card you get cash back on

meantime, it is just nervousness. to the morning meeting now where we look at what banks are looking at. the head ofow is asian credit. .eeraj seth the flashpoint in asiaing pakistani camps. how big is this story to you in the weeks to come? j: there have been multiple efforts in the last few decades. in 1999ave the conflict and the parliament attack in 2001. and we had the attack 10 years ago. and you have to look at the reaction function of the markets and how they create the function. byfirst, markets were down 7% or 8%, respectively. terrorist attack 10 years ago, i would say the markets did not even react much to it. am i too worried about it? really not. because i don't think this will inspire a lot of control here. the bigger point to make is when you think about india here, it is a story built on different -- it is a combination of the political stability and reform thedment of the government, macro stabilization that has come a long way and the demographic dividend the country is benefiting from. when you put it together, it is still a very solid story in a current low growth environment that we are focused on. in my view, if you get a selloff

. >>> meantime, president obama is reacting sharply this morning to trump's criticism of his leadership and the state of the u.s. military. at a news conference wrapping up his trip to asia, the president said every time trump speaks,

. >>> meantime, president obama is reacting sharply this morning to trump's criticism of his leadership and the state of the u.s. military. at a news conference wrapping up his trip to asia, the president said every time trump speaks, according to the president, he confirms he's not qualified to not be commander in chief and urged public and media to

. >>> meantime, president obama is reacting sharply this morning to trump's criticism of his leadership and the state of the u.s. military. at a news conference wrapping up his trip to asia, the president said every time trump speaks, according to confirms he's not qualified to not be commander in chief and urged public and media to follow-up on what he called trump's uninformed or outright wacky ideas. >>> now the latest on the fight against the zika virus. miami-dade county officials have delayed the spraying of a controversial insect side following concerns voiced by residents. mosquito control crews were supposed to begin spraying over on capitol hill. a republican congressman brought a container of zika free