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a larger blast. seconds later, believed to have been caused by the soft pile of ammonium nitrate board. i'm one of my trade can mottled mamma. well then you hear the fuel as miss and all if and all her daughter alcohols had the most would my thought here last got it. can feel my web site. it hadn't been much time that the famine vapors, vapors mar, ammonium nitrate, horner abolish hopper in ammonium nitrate is used as a fertilizer, but it's also a component to make box. the photos that have since emerged showed a disaster and waiting a cocktail of label materials were unsafely stored together. ammonium nitrate or not? is it not directed? that's not a 100 fish. mother, he figured a law as an art by nearly ammonium nitrate mechanical trick. either mechanical trigger, it was a billboard, can filed them on fireworks the a cam center and the not bless. you allow a firework and mechanical trigger. the pressure actor, ammonium nitrate behind lucille. but what started the fire investigators who have still to find the answer? say it may be hard to find the trigger. the sight of warehouse 12 was pulverized replaced

he wrote a series of letters describing the slave trade and describing its horrors for both the enslaved and for the sailors who were themselves victims of an extremely violent ship board regime. i think some of the very best writing done about the slave trade are the letters that james stanfield wrote about it. it really comes across in all its graphic horror. he was an actor. he had a sense of drama. he knew how to convey it. so he's a very important figure. the way that he joined the abolitionist movement and educated the middle class abolitionists about what actually happened on those ships. and then finally, we come to a slave ship captain, john newton. now, john newton is known to you, if not by name, then by something he wrote because john newton was a slave ship captain who wrote one of the most famous hymns in all of world history, something called "amazing grace." and there's a story about "amazing grace" out there, which goes like this. that john newton was working in an ungodly calling, the slave trade, and that he had a visitation from god, and that he left the slave trade and then later wrote "amazing grace" as an act of penance. well, it's a nice story,

sorry, james, i know you said you had an office in board of trade, but... s wife, played byjessie buckley, but then there is the more pressing concern of the soviets finding him out. dominic cook's period thriller is a quiet but classy watch. and while it's a little exposition heavy, it tells a fascinating story with strong performances all round. i am volunteering to bring back the best source of soviet intelligence you've got at a time where russia and america are on the brink of nuclear war. you talk about using people. for god's sake, use me. the courier is in cinemas now. get out of here. johnny depp also plays a reluctant real life hero this week, in the drama minamata. in depp's first release since his lost his libel case against the publishers of the sun newspaper, he plays life magazine photo journalist w eugene smith. smith was instrumental in documenting the devastating effects of mercury poisoning in the japanese coastal city of minamata. this follows his recruitment by aileen, who is played by the japanese actress minami, and his shocking discov

chosen as a major trade area for a number of reasons, and one of them was it had been a traditional trade area since the tong dynasty, roughly since the 700s. what happened you board your ships off shore in these island. hong kong is a port, macau. you went up through the delta where the special trading handler to the trading compound in the city of canton. fabled and famous, the city of canton was synonymous with trade, was synonymous with riches. so much so in the united states in the early part of the 1800s and later, the name canton was used again and again as cities incorporated as towns incorporated in hopes they would become as famous as the city in china. here's an example. this is a brochure from canton, michigan. when i began several years ago, i used to comment there was a canton, ohio which is very famous. but as groups came through, they would say we're from mississippi. we have a canton, mississippi. oh, we're from new hampshire. we have a canton, new hampshire. so i went to the trusty internet and found that approximately 41 or 42 of to 50 states have a city or town named canton, and they are named in honor of the fabled trade city of canton guangzh

more challenged him with respect to trade in the bilateral regional agreement and this is really affecting not just goods and services but supply chains. on the board ofhree m we make the masks. with that agreement and the former president trump put in place restricting the sale of masks so those that emerge but and with the carry trade and you invest and high risk adjusted environments of brazil and argentina. but that world is very fractured now with home buyers and investors and to think about immigration and then to create pockets of disorderly immigration that has a lot of implications you don't have that global talent pool. and with that technological platform with one chinese led an us-led and how does that mean to win a global business and their eyes say it the breakdown of cooperation as we have known that from breton woods 1944. where we actually had a liberal order of the world bank and imf now being challenged by chinese initiatives. such as dalton road. and then to see the rollout of vaccines and the covid response. i went through a whole portfolio of issues but the bottom line is we have to mitigate for those risks to be in a world which

there are a lot of robinhood traders that were angered by the fact that when they were trading meme stocks, they could not get out. the reference in some of the message boards robinhood gets to a certain height and starts to fall, we will be barred from selling it, so that is an action as well, but a fascinating one for the stock had many are watching it closely from here. shery: su keenan with the latest on robinhood. let's turn to cryptocurrencies. we are seeing bitcoin extending those gains we saw in the new york session, headed towards $40,000. elizabeth warren wants congress to respond to the explosive growth of digital turbines and is urging u.s. regulators to do more with the powers they have to police the market. spoke to david westin earlier. >> the way i think about this is if people are going to be out there trading, there needs to be a cop on the beat because when there is not a cop on the beach in any market, it is the small traders he get cheated -- who get cheated. for example, if you trade in stock, you know that pump and dumps are illegal and a broker has to come through with what the broker promised and you will be insured if the broker ru

through does options trading mean the same thing as gamification, or does gamification refer to any kind of way that people might be trading? >> i think it refers to trading across the board by other regulators, the state of massachusetts has gone after them, and they have changed some of their strategies there, but i think it refers to other brokerage firms as well, the idea of enticing people to trade and just spend more time on their phone. does that eventually sort of move on to options that could be the case but it's sort of across-the-board cryptocurrency stocks in general and what goes on we've seen it happen with gamestop a lot of attention there >> i hear people talk to me about options all the time it's very funny. it is really a force kate, thank you very much. kate rooney reporting today. and that does it for "the exchange." "power lunch" begins right now >>> kelly, thank you very much and welcome to "power lunch. an hour of power players ahead the fed vice chair will be here, one of the world's most powerful central bankers. we'll talk about the taper of purchases of securities by ed, we'll talk inflation, we'll talk th

of pullet alarm, just 50 kilometers from the capitol. earlier to major cities, it fell to the group. ash gar, and candle talents, birthplace and a key trade board and un agencies or warning of the humanitarian catastrophe. and afghan as don, is the taliban defensive drive to thousands of people from their homes. more than $250000.00 people have been displaced in the month of may, of which 80 percent of women and children will un secretary general. i'm trying to get terry says i've got installed is spinning out of control and is called on the taliban to immediately and it's offensive. go straight to our diplomatic editor, james base his at the united nations. and so james, what is, what is the general feeling there at the you and at the speed and scale of the taliban is offensive, particularly as they near the capital cobble real great concern about the situation. the secretary general's speaking here in new york, his word came through the new ways, closing its embassy in kabul. those 1st american troops arriving in cobble to evacuate americans. but the concern is not for the international diplomats. it's for the ordinary africans, and the figur

of more regional agreements. tpb, nafta which ultimately turned to us mta. this is really affecting not just trade and business services but also the supply chains. as you mentioned i served on the board of korea so we've been making a lot of the masks. real issues with the dva, this is the first execution of agreement or agreements was a dba which was the president, formerpresident trump . which is basically restricting the sale of masks outside of the united states. so there are real issues that emerge but it's also boards, people who work for the financing committee with the new york and london and invest in high risk adjusted returns. that world is fractured now with home buyers and investors but also capital controls. you start to think about immigration and how much that a possible issue and people across the world resisting immigration, creating pockets of disorderly immigration we've seen it in europe and the southern borders of the us . that has a lot of implications for how companies hire. you don't have a global talent pool and of course you think about that splinter net and the real risk of fracturing around technology and intellectual platforms, where there could be one c

of the drop in demand. >>> welcome to "street signs." happy monday let's kickoff with a look at markets and how they're trading. a fairly muted start little bit of green on the board for italian and swiss markets. up .40%. cac 40 is above the flat line. a couple of data points in focus this morning nothing major relative to last week in explicit drivers now bracing for a winding down of earnings season on the data front, the chinese factory price data prrising 9%. and german trade data. exports risen more than expected in june. putting it into context, global equities off all-time highs. cyclicals led the rally. stoxx 600 rallied off to a muted start turning to individual movers this morning a couple of moves where we would give you a look at the individual stocks. pandora up 3.2%. and here in the uk, coming under a decent amount of selling pressure deliveroo on the news of the rival with a 5% stake in the company. joumanna >>> you mentioned chinese inflation. let's get into detail there, julianna many factories deal with rising prices for raw stematerials and supply chain disruption. forecast rising 1% from a year ago. we filed this report >> reporter: factory pr

of violence. we're talking about something that lasted for three and a half centuries. we've got to take that on board. now the countries that took the lead in organizing the atlantic slave trade first of all, it was portugal. the fairly small nation of portugal was the preeminent maritime nation. in the 15th century and their voyages down the coast. so here you've got europe. here's portugal. see this is really a tiny part of the world look at it. these are the countries that will form maritime empires throughout the western atlantic, but the portuguese come down the coast. going further and further over time making contact first in the sinagambia region. trading originally for ivory and then slowly more and more for human beings. and then after 1492 when europeans began coming, especially to the caribbean and building their new imperial systems more and more european nations want to get involved in this process. so portugal spain. those are the two leaders. are followed in rapid succession by the netherlands? denmark france england and the united states there is really a mad rush. for the wealth to be gained in the slave trade and in the building of these systems of slavery

congestion, big guard for one week, hundreds away goes on board side were stranded, the trading community, renters, government and said, lot of honest on need supplied. their traders depend on that trade for their livelihood. they said, i've got that city come daughter, sell over 400000 people. and this is the men logistical lifeline into of line it's done although now rigid in dollar bond and it is a major conduit and a lifeline for honest on particularly as part of the south is concerned by good son of god had voiced its apprehension. they lived together the situation deteriorate, insight on his don wickertree, an influx of gun refugees, buckets on it already haunted $3000000.00 of refugees. and there was a concern that some anti pockets on elements may try to cross the border by dated business. as usual, the board is now open. the british prime minister boris johnson has held crisis talks of disgust. i've got a son, his defense secretary said that the u. k. could return to the country if al qaeda is allowed to flourish and threatened the west anderson and has the latest from downing street government has already announced

board. you have the key. okay. i'm gone to calibre was one of the points for slave trade, and the name hands joy from us. leave master, you know you'll given your master's name, add up to always ask questions. keep you away from you briefly show you american made not nyja keith henschel. what i feel k heads off, you always my native name. my course you very. i knew many lose the moon. she taught me money. mouth it was i mean it's ready is, well one thing i would say they know about me because i'm from the state. but they don't know me politically, but i mean, i know about people. i know that you give people the basics and they'll be just happy. but then you need to go ahead and do more me their lives, comfortable, the children leave behind a legacy. so that is, that is my strategy telling them that i'm trustworthy. i have integrity and i really do care about doing the right thing. there are no when i say live in you do you do on friday? so me not, but we'll, i met them. what jim, and i'd have dandy give me there's somebody come here to just love us out. i have a list of all the delegates, but i don't thi

board. i think you start totrade them because of rotation and headline risk and because this market is trading very much on the back of sentiment. that's very separate than valuation and investing. i think the under performers will have some pop to them >> about a third of the 934,000 jobs created were in travel and hospitality. jobs, tourist, travel. they are coming back chart master, krcarter worth, let's strip out the emotion. the charts are supposed to indicate what we know and what the markets believe. it's been nothing but up, up, up i showed the other morning, we haven't had more than a 5% pull back since october of last year what are you seeing in your crystal ball >> that's right. it's been a perpetual motion machine. the notion of rotation, it was a very bad week for cyclicals. we know that industrials, materials emergency all under perform the market and financials but for today's news related strength will have under performed. this in and out i got the cyclical trade, i didn't >> we need to put everything in context. hospitalizations while raising in some states are still .08% of

of july technology, which fund it strat recently upgraded. >> yeah. i think you've seen extremes across the board energy a place where you had 0% of stocks in energy sector trading above its 50-day moving average. opportunities are there. seeing similar things in rates you make the rate call technical. look at tlt for example, flows into tlt so people betting or rates going lower approaching the 95% percentile closer to a bottom than not in interest rates because i think that and i don't think delta shuts down the world economy, i would rather be in places already experienced some level of pain and better positioned for an economic supportive of cyclical market leadership i look at the way interest rates and growth has behaved as rates come down, surprised you haven't seen more out performance in growth. perhaps winds of change again relative to market leadership, and you can look at industrial metals like copper strength there classic resource names like bhp in rio starting to outperform and even looking at european and asian cyclicals. those were areas of the market that led u.s. cyclicals in 2020 in the fall before the leadership shift here. seeing that again

eat congestion because for one week, hundreds away goes on board side were stranded, the trading community renter the government and said, lot of honest on need supplied. their traders depend on that trade for their livelihood. they said, of course that city come daughter salvage over $400000.00 people and this is the men logistical lifeline into of line it's done although now rated and dollar bond and it is a major conduit and a lifeline for honest on particularly as part of the out that concerned by good son of god, had voiced its apprehension. they lived together the situation, deteriorate, insight on his don wickertree, an influx of gone refugees, buggered on its already haunted $3000000.00 of refugees. and there was a concern that some anti bargain on elements may try to cross the border by dated business as usual. the boarded now open plenty more ahead here on your use are including the fires may be under control in greece and others who lost everything on demanding accountability. and after more than a decade, britney spears father steps the size, the person who controls money and life, and in sport, a sensational season

board side were stranded. the trading community rented a government and said, lot of honest on need supplied. their traders depend on that trade for their livelihood. they said i've got that city come daughter salvage over 400000 people. and this is the men logistical lifeline into of line it's done although now rigid in dollar bond and it is a major conduit and a lifeline for honest on particularly as part of the south that concerned burger son of god had voiced its apprehension. they lived together, the situation deteriorates. insight on his don wickertree, an influx of gone refugees. buggered on its already haunted 3000000 of refugees. and there was a concern that some anti pockets on elements may try to cross the border budget business as usual. the boarded now open, at least 21. people have died off the heavy flooding in central china's hu bay province. torrential rains that cause power cuts and landslides, destroying hundreds of homes. nearly 6000 people have been forced to evacuate. 5 cities in new bay province have now declared red alerts. the japanese authorities have issued high lev

board of ginseng. so the americans jump in with both feet into this china trade. they develop a special ship called the china clipper it sacrifices space in the hole for sleek speed. it's very long and narrow. it has huge amounts of sale the americans fly the american flag, which onshore chinese take to mean red and white stripes and what appear to be white flowers on a blue background. and so the first name for the united states is the flower flag country. it's very important. flower-flade country and flower flag products this name is to be the name that america was known under for quite a while until something else was to happen. but let's take a look over here and see what's happening in general. america enters the china trade relatively late, others have been dealing with it for a long long time. france britain spain portugal the dutch several other countries have been dealing with china and trading there for many many years. most of the trading is done in the far south of china the qing dynasty which is in control has relegated all trade essentially by foreig

might be the only time to chwe hear that if you're on board on this trade, mike, how do we trade the jets the fradtrade, not the football team >> one ofs about getting long, the airlines long the jets etf or luv, for example, if you're looking at a single name. one of the things we have seen is when we get more bad news, we are getting some fairly steep draw downs and the whole idea here is that the news that we're going to get all clear is probably going to cause basically the prices to elevate relatively slowly if we get bad news on the covid front and we start to see some slow downs in travel, we could see some further weakness that could be quite sharp. we don't want to go out and take naked risk to the down side. we do want to own call options to get our exposure for a rally back it's been so turbulent that options premium are relatively especial elevated earlier when i was looking at that, that spread would cost about $1.55. the idea is the shorter dated options are likely to expire and worth less than the 23s in the event it rallies by risk 1.55, you're risking less than buying the etf this spread is high percentage of the shar

of new orleans tells us how long ida-related shipping disruptions could last. let's check the big board with 40 minutes until the closing bell on this first day of the trading weekis down 15 points, but that a's just 30 -- but that's just 30 stocks. the rest of the market hitting new highs. we'll be back. ♪ coverage customizer tool? sorry? well, since you asked. it finds discounts and policy recommendations, so you only pay for what you need. limu, you're an animal! who's got the bird legs now? only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ up here, success depends on the choices you make. but i know i've got this. and when it comes to controlling his type 2 diabetes, my dad's got this, too. with the right choices, you have it in you to control your a1c and once-weekly trulicity may help. most people taking trulicity reached an a1c under 7%. and it starts lowering blood sugar from the first dose, by helping your body release the insulin it's already making. trulicity is for type 2 diabetes. it isn't for people with type 1 diabetes. it's not approved for use in children. don't take trulicity if you're allergic to it, you or your family have m

if you are on board on this trade, mike, how do we trade the jets, the trade, not the ball team >> yeah, one ofs obviously about getting along the jets etf or luv if you are looking at a single name one of the things we have seen is when we get more bad news, we are getting steep draw downs and of course the whole idea here is that the news that we are going to get all clear is going to cause basically the prices to elevate relatively slowly if we get bad news on the covid front, for example, if we start to see slow down and trafvels, we could see weakness we don't want to take naked risk to the downside. we want to own call options to get our exposure for our rally back as carter suggested because it has been so turbulent that option premiums are elevated i was looking at a call diagonal similar to the structure that tony originally proposed when he came up with the luv trade i was looking at the december 23 call that diagonal spread would cost about $1.55. those shorter options are likely to expire and worth less than the 23 in the ecvent that it rallies. you are reusing less than buying the

of a to couple and further north. so that is something that, especially the traders have told us that they are enjoying the people on the board, bring down the have seen a drop in trade fuel trucks coming in trade dropping significantly and also facing economic hardships with the prices of everyday items going up and when we asked these commanders on what the reaction to this is, they've been not very forthcoming about what the plan of actual governance is. but they say that the, the initial steps, they've only been in charge for about 2 weeks. they are consolidating their grip. they are setting up checkpoints on the entrances, trying to provide relief to the people, and then eventually, once stability comes to the country, that is going to be economic prosperity is rough. thanks so much has been divided. let's take a look now. what's next for the us and its allies that speak to alan fisher joins us live from washington. d. c. island. i'm sure you probably remember 20 years ago, november the 13th. i think it was the day that us bank forces took cobble from the county bond. today. the mirror image is happening. how is that going down in washington d. c. it's a very su

board of jim saying. so, the american people jump in with both feet in the time china trade. they develop a special ship called a china clipper. it sacrifices space in the hall for sleek speed. it's very long and narrow. has huge amounts of sales. the americans, flying the american flag -- red and white stripes, and would appear to be red flowers on a blue background. -- the flower flag. country this is to be named, americas known for quite awhile. if somebody else -- let's take a look over here and see what is happening in general. america enters the china trade relatively late. france, britain, spain, portugal, the dutch, several other countries have been dealing with china and trading there for many many years. most of the trading is done in the far south of china. the xing dynasty, which is in control has relegated all trade essentially by foreigners to the far south. the purpose being to prevent the taint of foreign influence. the capital, if it was up here, the gwendolyn province, and the central trade is all the way down here. it's as far south as you can imagine. and

battles for control of other cities as well, and a major push to make territorial advances right across the country. now it's around your board is iran, and it's a very significant trade route for the government. video released by the taliban earlier shows them on the street around the city as it was captured. report suggests about 20000 people have fled across the board of from new marine province into iran. it's the latest flash point as fighting between the taliban and the afghan security forces intensifies diplomatic added sir. james bass is in the capital combo. but the latest this is significance around the 1st provincial capital, enough kind of stuff to fall into taliban control. these pictures released by the taliban ship fighters driving humvees and other vehicles paid for by the us and nato and taken from africa and forces the airport the only one in the desert province, as well as key government offices were captured, were told by eye witnesses with barely a short being fired. earlier the taliban fighters had broken into the prison breaking out detainees which included some of their own fighters. they urged the governor abdul karim brown who to surrender. h

we've seen with respect to trade, we've seen the emergence of bilateral regional agreement. ppp and usmca and brexit and supply change. and sit on the board of 3m and making the masks. and the prosecution constitution problem-- excuse me it wasn't a prosecution agreement, it was a dpa which the president, former president trump put in place basically restricting the sale of masks outside of the united states during covid. so there are difficult issues that emerge, but it's also about capital flows. you know, people who like yourself work in finance are familiar with the carry trade. you borrow cheaply in new york and london and you invest in high risk adjusted returning environments like brazil and south africa, but that world is very fractured now with home biases and investors and also capitol control. you start to think about immigration and how much that is a topical issue and people, you know, across the world resisting immigration, creating pockets of disorderly immigration, we've seen it in europe, we've seen it in the southern border of the u.s. that has a lot of implications how companies hire. how are you going to hire? you don'

and the government officials of fled to another district. fighters have been ousting afghan security forces from boarded towns and key trading routes. as the foreign forces led by the united states have been withdrawing the afghan in 10 minutes. he says that the government forces on managing to push the taliban back in some areas or in that coming up late and now it's time for the stream. news news. news. news. ah, welcome to the stream. i'm rachelle carrie standing in for me. ok. people across them via this week are going to the polls in a tense general election dominated by 2 presidential candidates as incumbent edgarland go. and main challenge are they had to limit bid for victory. we ask, how will the outcome of this vote effect is ambia future? that is our question today. if you're on youtube, you can finish your comments and questions for our live discussion in love for you to be part of this conversation. so joining us for this conversation, i room and toss as she is alpha 0 as africa correspondent. and as in sam b as capital lusaka, anthony walla is spokesperson for presidential candidate a can. they had dilemma and

down 0.14% outside of the uk, green across the board led by the german market dax trading higher fromhe sector, this is what the split looks like we have the sectors for you. a split board on the top with utilities and technology out performing each up 1%. basic resources up 0.64% interesting from the technology, over the last month, it has out performed and led gains yesterday in the u.s. as well. perhaps technology in europe following. banks down 0.6%. travel taking a hit down 0.5%. the news from the eu playing a role and moving ahead and suggesting member states restrict travel amid the rise in delta variant. >>> turning to the u.s. futures. green across the board all three indices are high. bond yields moving lower in the u.s. in the u.s., we saw mega cap tech stocks perform well yesterday leading in the s&p >>> turning back to europe a few corporate stories to highlight. especially in the travel sector. lufthansa expecting positive cash flow this summer. the carrier says demand is recovering and it expects to hit 40% of pre-crisis levels for the full year. the ceo told roeuters t

of a percent this morning. we have bounced off the lows, but more red on the board. yesterday the french market dropped about 2.4% pretty difficult trading period. the german market, the dax, down about a third of a percent the ftse 100 in the uk down nearly 0.2%. we got disappointing retail sales data in the uk today july retail sales coming in much lower than expected. investors in the uk digesting that data. also, uk grossers in focus today. i want to highlight two names that investors are watching mark's and spencers. more than 10% higher the company liftd its outlook after its food and clothing divisions continued to outperform food revenue increased by nearly 11% and international revenue up 40% compared to last year. morrisons, the supermarket group, agreed to a sweetened 7 billion pound bid from private equity group cdnr. the value offers morrisons at a 60% premium on the deal price. as a result morrisons dropped its recommendation for a lower offer from fortress investment group. today investors seem to like what's on the table. shares up 4.2% brian? >> a little bit of green on the screen not a lot else thank you very much. >>>

it traded very closely with some of the more speculative parts of the market i'm on board with the ideald, digital gold but gold also, by the way, was always a little bit of a side sort of orphaned asset class for 100 years after you were able to trade it i don't think that means it gets to the core of the markets if in fact you think that's what it is >> yeah, well said as everybody's concerned about whether it's the new gold, gold itself hasn't always been that exciting or even performed that well as we remember from years during the last expansion speaking about performing well, kathy woods is not completely done with china but he had still has plenty of concerns in a cannot presentation she said the valuation of chinese companies may still not have found a bottom the championa etf is still down 50% from riechts highs wood dumped nearly all her exposure as that index is down about 3% this year michael yoshikami kathy was saying she's still open to ideas emanating from china but i was suprised that she's not yet buying the dip so to speak >> i think it's way too early to buy dips, kel

of its own. charlie gasparino's all over it. he has more on the favorite trading platform of those reddit are rebels. charlie breaks it in a moment. on the big boardlike it for the dow, up 140 points. we'll be right back. ♪ ♪ limu emu... and doug. so then i said to him, you oughta customize your car insurance with liberty mutual, so you only pay for what you need. oh um, doug can we talk about something other than work, it's the weekend. yeah, yeah. [ squawk ] hot dog or... chicken? [ squawk ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ to run a growing business, is to be on a journey. and along the ride, you'll have many questions. challenges. and a few surprises. but wherever you are on your journey. your dell technologies advisor is here for you - with the right tech solutions. so you can stop at nothing for your customers. why choose proven quality sleep from sleep number? because a quality night's sleep is scientifically proven with the right tech solutions. to help increase energy and improve recovery. and it keeps you at your best all day long. the new sleep number 360 smart bed is temperature balancing. and it helps

of aback, felt the taliban without much resistance. and the government officials have fled to another district. the fight have been ousting afghan security forces from boarded towns and t. trade routes as foreign forces led by the united states withdraw. the afghan interior ministry has said that government forces are pushing the taliban back in some areas. coming up, the wrapper activists and politician fighting his community in witness that story is coming up in just a minute or 2 in the morning. at the top of the next hour from the us has withdrawn the majority of its troops from america longest war, leaving a battle for control. the african military be able to hold its ground against the common and the afghans to help the american war effort relocated to the u. s. the future hold for that special coverage for not going to san on al jazeera earl, as he was, the old school goes burst of the one that came out when i was a oh, i was still over now was your age when you was my age you know is own, i heard it. i mean, he, we we oh, you know, you know in your 5 go 5. the would be august august night learn about august 9th, through something else happened august and i was born. t

wayne: it's going to be difficult on the reflation trade on the board for the next couple of months asstarted to assess the risks, particularly around the delta variant and what that could mean for growth overall. the point we would make is, jay powell, to be fair, did an excellent job communicating or separating the difference between rate hikes and the winding back of bond buying. basically the pop in gold came from inflation expectations lifting little bit, but nominal rates, it is lower. consequently, real interest rates in the u.s. are tracking around -1%. that's probably what is holding it all up. we thought the gold rally, in particular, was fairly lackluster. it sort of popped and it has been under pressure since largely because risk is starting to come back into the market. people think we get past this jump in delta variant and consequently, commodities, particularly copper, on the supply side is still in deficits. we think this supports prices until the end of the year. kathleen: the s&p 500's wealth new record in a month. but i want to talk about the dollar in light of jay

squawk box" will be right bk.ac >>> good morning we are looking at green across the board on this second trading day of ten cent is the latest corporate juggernaut to fall victim to anti-tech sentiment to china. the comments that sent that stock plunging this morning. >>> we're learning more about the trillion dollar infrastructure deal reached by a key group of senators. in just moments we'll speak to the lead senator rob portman the second hour of "squawk box" begins right now >>> good morning and welcome back to "squawk box" here on cnbc i'm joe kernin along with becky quick and andrew ross sorkin nasdaq is up 24, dow up 164, s&p up 16 after not holding yest yesterday's gains. some of the indices saw records close there. not much to speak of in treasuries but 1.189 on the ten-year bitcoin and crypto is pulling back after trading pretty well at the beginning of the weekend. it's been down a couple of days. shares of chinese ten cent are down an article in the state-run publication blasted online video games and called for restrictions on the gaming industry to prevent addiction, it says, among childr

of that trade. they said we are not that hawkish. it's the end of 2023 for them before you begin to see a hike. we can debate what is on the board. dani: on the board, we have more calm this in markets -- clamness in markets. some of the is settling down a little bit. not too much direction in the dollar for most of the morning, can hire one basis in lower yields. we are about 1.31 on these 10 year yields and we are seeing a little bit more strength coming through in oil which had fallen. finally, i want doubt iron ore because even though oil is doing better today, some of those growth scares in the metals centers and commodities is still present. manus: indeed. we have wrapped up this potential hawkish tilt from the fed, haven't we? yet nanette fed, raphael bostic. let's get to callum pickering -- the fed, raphael bostic. let's get to callum pickering. the prospect of a taper in the autumn. loretta mester will come along later. talk to me about the speed of taper that you expect at barry berke. good morning -- you expect. good morning. callum: the taper will be gradual. by the middle of next year, the fed will no longer be addin

of i back fell to the taliban without much resistance. and the government officials have fled to another district. fighters have been ousting afghan security forces from boarded towns and trade routes as foreign forces led by the us pull out. and at least 51 civilians have been killed in attacks by an armed group and central. molly. 3 villages were rated near the border with the chair on the official se attack as entered the villages on most advice, killing people indiscriminately, and burning, and ransacking their homes. i will have more on all of those stories in the news hour. that's at 2100 g m t, and 25 minutes from now. i'll dra 0 investigations continues until then the on august 12 band yet go to the polls. what approving the hotly contested election of the country grappled? who can run the troubles and the impact of coal, the 19th they without their, for the latest updates and in depth analysis. and what the teach in a whole for the the input to of the men who sell football deal will make a crystal samuelson, proposes another way to ensure that the identity of our criminal investor, mr. x, is concealed from the football league. we said that mister x would own 60 perc

of central banks in the region. flipping the board, we are likely to see some strong debuts out of seoul and jakarta as they start trading this friday. korean ip is have raised a record $13 billion this year. that is the biggest in a decade. they more than doubled their allocation to retail investors for its share sale on wrong demand which reflects appetite for tech names at a time when chinese tech shares have been on a roller coaster ride, haidi. haidi: what a roller coaster ride. we continue to watch this keenly because even if the wind out of the sales have been taken out, we have seen more bargain-hunting. some of these braver investors wading back in. the chinese tiktok competitor just having that downfall, extending losses. the most on record after that post, lifting lockup of the shares, underscoring just the amount of risk aversion that remains when it comes to what happens next with the tech sector in china. shery: tencent continues to see double-digit losses as we head to the last trading day of the week. what a roller coaster ride it has been not only for the gaming sector. spiritual opium but also the educa