BIS sees global turmoil on Fed hike

The UK’s Labour party has elected its most leftist leader in at least 30 years, and Australia will get a new prime minister after the ruling Liberal party on Monday voted to oust current PM Tony Abbott. Ameera David weighs in. Bianca Facchinei takes a look at recent border controls implemented throughout Europe as the EU deals with the ongoing refugee crisis. Ameera sits down with Lars Christensen – founder of Markets and Money Advisory – to talk about Europe.

After the break, Ameera and Erin Ade discuss how big banks in the US and Europe are recording and monitoring traders’ daily phone conversations more than ever before. And in The Big Deal, Ameera and Edward Harrison talk about the latest BIS quarterly review.

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