here is ramy inocencio. ray micco there is another -- more china exports fell by than 5% in august because of weak demand overseas. chinese stocks fell on the news, but they bounced back to post again for the first time in five days. there is speculation that the company bought shares. ecb president jean-claude juncker will unveiled plans to sayw and is expected the best way to handle the crisis is for all 20 countries to take and refugees. germany has called on the rest of europe to do its share. >> written should fulfill it -- britain should fulfill its moral responsibility. in doing so, we must use our head and our heart by pursuing a copperhead to the roach -- by pursuing a comprehensive approach. david cameron said the crisis is about more than just taking in refugees. congress returns to work today after a summer vacation. among the issues lawmakers will do with -- the iran nuclear deal, spending caps, and federal funding for planned parenthood. president obama attended a union rally in boston yesterda

here's ramy inocencio.bank of japan decided not to expand its stimulus program even though the economy shh rank last quarter. if a u.s. rate increase makes u.s. markets vol tile again. the break with the prime minister who wants to jump start economy again. all this comes just a day before federal reserve policymakers starts two days of meetings. they could decide raise interest rates for the fist time in nine years. the finance minister wants to save almost $7 million by slashing depoth programs and capping salaries. brazil's credit rating fell back into junk status after investment grade. and two counties where migrants have poured into the country means soldiers could be deployed and most refugees are fleeing syria's civil war. and more tough talk today. kim jong inning says the country started the main nuclear reactor and is saying it's preparing to launch a scientific satellite into orbit and they say that could be a cover. and a baptism of fire for a new nfl coach dan quinn won his first game but it w

here is ramy inocencio.nmates are running free in afghanistan after the caliban attacked the prison -- after the taliban attacked a prison. four guards and three insurgents were killed. the attackers were more -- the attackers wore military uniforms. a private equity firm is buying a company that sells risk management software for investors. solera holdings. vista equity partners will pay $6.5 billion in the deal. that is a 13% premium over solaris's closing price friday. tol ackman, well accustomed successful that results, scores a win on the tennis courts. he led the u.s. to victory during the finance cup in new york, the first ever event bringing together top money managers from the u.s. and europe. tom: now on to the fed. we have been waiting for this for weeks. it is upon us and the distinctions are sharp. stanley fischer is concerned about an ultra accommodative federal reserve. others say patience. here is ken rogoff on friday. why are you starting now if you know you do not have room? directionin the

mark: ramy inocencio, thank you.ered the historic address to congress this morning. mark: he became the first pontiff to address a joint session of congress and called for a delicate balance in battling religious extremism to ensure fundamental freedoms are not trampled. he also reminded lawmakers what their role is. you are going to assure the dignity of your fellow citizens in the tireless pursuit of common good, for this is the chief aim of all politics. of course i did us alive of from washington. margaret, give us a sense of how this was received. reporter: it was received with resounding interest to tens of thousands of americans gathered outside of the capital and inside the chamber, the house of a dry eyesives, not from house speaker john boehner, as we saw, but also quite a lot of interest and what he had to say. he seemed to spread it around a little bit both in terms of talking about his criticism of coming you know, advocacy for the sanctity of life. touching on issues where he disagrees with both republi

ramy inocencio here. ramy: markets scraping session lows. a few factors causing this.na's industrial output came in weaker than expected over the weekend. the fed watchers watching for the interest rates, potentially hiking, maybe not. the s&p 500, dow, and nasdaq all losing similar percentage points. cutting to the bloomberg terminal to look at the health of the s&p 500. nine of the index's 10 sectors are low with materials and energies and the biggest slackers. that is in part due to the china data i mentioned. utilities in the green for the most part, but we see it paring the gains near the flatlined right now. , asng a look at alibaba well as yahoo!. the chinese firm could fall another 15% as china -- as volume falls. right now alibaba down by nearly 3.9%. by 3.25%.n one interesting thing to note, 45 of 52 analysts give alibaba a buy rating of a price target of $93.23. the stock rose that asked to 3.63 below the market price. 63.53. the market had been even further below, but when it was hitting its lowest in rate 2013 but has losses.ired the this is after morgan s

here is ramy inocencio. ramy: good morning, everyone.enate leaders are fighting over whether democrats can prevent an up or down vote on the iran nuclear agreement. are enough to block a republican resolution if they all stick together. the house begins debating the measure today. the kentucky county clerk who would not issue marriage licenses to same-sex couples returns to work this week, but kim davis is not saying whether she will keep trying to block those licenses. she is free after being jailed for five days for defying a court order. republican presidential candidate mike huckabee is backing her. i have already told her that if somebody needs to go to jail, i will go are here placed. and i mean that, the cousin i am tired of watching people harassed because they believe something of their faith. we cannot criminalize the christian faith or anybody's faith in this country. issuingvis says licenses to gay couples violates her christian faith. vegas, and engine on a british airways jet caught fire. while the plane was prepared to tak

going to ramy inocencio or the big three of the market day so far.cing off of the lows of the session, right? ramy: that is exactly right. markets have hit the session lows. hernd the world because of report out of china over the weekend revealing industrial output miss expectations. --because of a report out of china. investors are waiting to see if the rate rise will happen. leading to investor caution and volatility. across the board we are down by about half a percent. take a look at the s&p 10 sectors with the imap function. right now we can see 9 of the 10 sectors are lower. materials, as well as consumer discretionary, and health care leading the pack. health care down the most, in part because of the china data i told you about earlier. utilities has been in the green for most of the day as people tried to get a little bit of yield. looking at commodities. oil is dropping, dropping for the first time in six days in new york. by next crew down by 1.6%, in part on concern china's slowdown will deepen. crude down. that could pull prices to 20 $2

we will have a live report from ramy inocencio as xi jinping arrives in seattle.arket day," i am pimm fox. some stories making headlines. chemical company ashland plans to split, the other company will be called valvoline. focus on automobile maintenance. valvoline has more than 1200 oil change locations and service centers around the u.s. new jersey governor chris christie knows a thing or two about weight has ordered the leader of the state's national guard to slim down. governor christie has given air force brigadier general three months to shape up. the government was reportedly unaware that the general had been reprimanded by the pentagon about his weight and for dodging physical fitness tests. women have to work longer to afford the same iphones as men. bloomberg crunched the numbers and found that women customers on average must work 8 extra hours to purchase the same product. the gap is greatest among restaurant and coffee shop hostesses. omen in those jobs must work 28 more hours than male counterparts to afford the same iphone. that is a look at some of

here is ramy inocencio.another -- more china exports fell by than 5% in august because of weak demand overseas. chinese stocks fell on the news, but they bounced back to post again for the first time in five days.

ramy inocencio is live in seattle for the latest. did he put on a yellow hardhat?thatnot see yet. he wrapped up the is this roundtable where he spoke to 30 chief executive officers from both the u.s. and china. about half an hour ago, we got good footage of the apple ceo, tim cook, walking out of these doors and heading to his car and we saw the ibm ceo as well. with allas talking to of these chief executive officers was about greater in china.ess these companies represent about $3 trillion in terms of market value on the chinese side, so a lot of business talk going on here. he is on his way and very well may be at the boeing factory right now. right after this shot, we are going to try to follow them up there and see what is going on. with boeing, what has happened is that beijing has greenlighted a massive purchase for boeing, on the order of 300 airplanes, totaling about $38 billion. in addition, they have greenlighted a 737 finishing facility in china, and that would be the first for boeing. airbus does have a finishing facility in china but for boeing, this i

here is ramy inocencio. ramy: good morning, everyone.-bank is betting the economy will turn around without any more stimulus.

tom: let's get top headlines with ramy inocencio. ro globale is a