5 things to start your day

[Bloomberg Markets]( [FOLLOW US [Facebook Share]]([Twitter Share]( [SUBSCRIBE [Subscribe]](  Forward Guidance  Irma's intensity weakens as it moves up Florida coast, North Korea's failure to launch, and the U.K.'s Great Repeal Bill faces a vote. Irma weakens After making landfall in the Florida Keys yesterday morning as a Category 4 storm, Hurricane Irma weakened as it traveled through the state’s west coast, with the latest reports [downgrading it]( to a Category 1 storm with top winds of 85 miles per hour. Estimates for the total damage have [dropped to $49 billion]( from as high as $200 billion. For the Federal Reserve, the storms that have battered the southern United States are making it more difficult to read the economy’s pulse, with William Dudley, president of the New York Fed, warning that it could affect the [timing of short-term rate increases](. North Korea doesn't launch Fears that Pyongyang would launch another missile test over the weekend, which had added to last Friday’s [market selloff](, proved overblown, with North Korea instead [issuing threats]( against the United States ahead of a vote in the United Nations on further sanctions. While Japan has backed a U.S. proposal to target the country’s oil supplies in the U.N. vote, it remains unclear if China or Russia will [veto the proposal](. South Korea, meanwhile, continues to push for a diplomatic solution with its [poorer]( northern neighbor. Markets rise The less-severe-than-anticipated developments in Florida and North Korea over the weekend have spurred a market rally this morning, with the dollar recovering [from a 2015 low](, while Treasuries and gold weakened. Overnight, the MSCI Asia Pacific Index [gained 0.6 percent](, while Japan’s Topix index closed 1.2 percent higher amid a selloff in the yen. In Europe, the Stoxx 600 Index was 0.9 percent higher at 5:40 a.m. Eastern Time, while S&P 500 futures had [added 0.6 percent](. Brexit vote Late tonight U.K. time, the House of Commons will vote on the [Great Repeal Bill](, designed to ease the country’s exit from the European Union. A victory for Theresa May’s government seems likely, presuming her own party members pledge support for the [contentious piece of legislation]( en masse. The vote will kick off what should be a busy week for [pound traders](, with inflation and retail price data tomorrow, ahead of the Bank of England decision on Thursday. China inflation Producer-price inflation [accelerated to 6.3 percent]( in August, ahead of economist predictions for a 5.5 percent increase in the world’s second-biggest economy. The strong reading comes as Beijing’s policy of limiting capital outflows continues to [bear fruit](. China is also piling pressure on cryptocurrencies by [banning them]( entirely from exchanges, according to people familiar with the matter, while allowing over-the-counter trading to continue. Here's what you should read today - Odd Lots Podcast: How an Austrian economist explains the [tulip bubble](. - Europe aims for a [bold relaunch](. - China’s latest bond default is a [cautionary tale]( for investors. - Supply constraints are sending [tungsten prices]( soaring. - Mueller looks to interview [at least four]( Trump aides. - India's traffic [is so bad]( it's changing the cars people buy. - How to solve the [biggest mystery in physics](.  And finally, here’s what Joe’s interested in this morning Two stories last week illustrate a growing societal vulnerability. First, [Facebook said it found about $100,000 worth of ad spending]( that came from Russia that was designed to stir up controversy amid the U.S. election. [Then a day later](, Equifax said that a cyberattack may have exposed the private information of 143 million Americans. Both stories show how society is vulnerable to massive, centralized digital behemoths. In the case of Facebook, the ads themselves likely had a minor impact, but they speak to how a dominant media source can become a platform for attack in information warfare. In the case of Equifax, the fallout may not be seen for awhile, but the risks associated with one company having this much information seem self-evident. [Wired had a piece this weekend]( about attempts to create decentralized internet services where we didn't all interact through these huge shared choke points. Building such services is extremely difficult, but it seems likely the decentralization movement will only grow as more incidents like these pile up.   Before it's here, it's on the Bloomberg Terminal Find out more about how the Terminal delivers information and analysis that financial professionals can't find anywhere else. [Learn more.](   You received this message because you are subscribed to the Bloomberg Markets newsletter.   [Unsubscribe]( | [Bloomberg.com]( | [Contact Us]( Bloomberg L.P. 731 Lexington, New York, NY, 10022