It is also a foggy and hazy start to the day with patty drizzle as well as along the coast and the bay. Heading to the afternoon, near normal daytime highs in the upper 80s around 90 in concord and livermore. Low 80s and san jose. The upper 60s in san jose several disco and low 70s in oakland. We talk more about the heat advisories and excessive heat warnings for the Holiday Weekend, coming up. Speaking of the Holiday Weekend, we see later conditions on the freeways and for the most part. That is good news. There are a couple of hotspots. Westbound 37, you have brake lights and for the commute working out of the east bay into marin county. I vallejo. You have a slow ride westbound. No accidents. Just a bit busy. We are seeing slightly slower speeds westbound 580 into the past. It is actually pretty clear out of tracy picked the drive times are pretty much in the green for all of the major freeways. 21 minutes to a five through 680. Changes for mass transit. I will have that in the next
Meeting today. We are in brussels. The euro goes higher as the ecb forecasts are said to show more confidence on the economic outlook. For clues on extra stimulus at todays meeting. 6 00 a. M. In london. It is 7 00 a. M. In frankfurt. The two cities with the most amount of risk. Good morning to you. Normally, we talk about political crises. The irish version is what we have. Europe ripping up the rulebook and going for the playbook from johnson and cummings and prepared to take legal action against the u. K. It on seats the pound. Good morning. Annmarie i know you are on brexit watch. Im certainly waiting to see what we are going to hear from Christine Lagarde. Tos a very fine line she has walk. Does she want to exude confidence about the european recovery . At the same time make sure shes getting that support she thinks the economy needs . The challenge will be making sure she does not bid up investors for the price of the eurodollar. I want to take a look at whats going on in the mar
Takeover by veolia brexit back lash nancy pelosi says there is no chance of u. S. uk trade deal warning britten ain to break the divorce treaty a warm welcome. Lets kick off the show with a look at the markets. Extending gains after the rally. We have turned negative. You can see all four of the Major Regions are trading lower. The ftse down a half a percentage point the dax has turned negative now. The big event for european investors, no doubt that ecb meeting coming out later today and reacting to the turn around we saw in the u. S. Markets yesterday. We did see major indices recoup the selloff. The positive momentum not enough to continue to todays session looking to the break down and the best performing parts. Food and beverage and travel and leisure also rebounding. Noting every sector et cetera travel and leisure advanced. Now one of the better performing parts of the market. Chemical, utilities and auto the worst in contrast are the Banking Sector down about 1 down sharply in
Leaders and also earlier leanest we could be serious hes awaiting us foreign minister he said that the outgoing leadership as he describes inefficient his government should nikolay eliminating the opposition one by one and he says that methods like those of the stalinist secret police. India has surprised brazil to become the country with the 2nd highest number of corona virus infections in the world in the past 24 hours its reported more than 1000 new cases and over 1000 deaths it comes as Metro Rail Services are resuming in the capital new delhi elizabeth put on him said one of the stations in new delhi. Despite a never putting. Any other country after. The 10 you. Have 1st time in my model number of major cities including here in delhi in fact mumbai in the city that it was. Mentioned in september and by the capital of the worst affected state maharashtra now this is i believe to many. Many millions will be made in these cities blocks the big thing is being done in the face to manag
Continues in solidarity. We will have the latest. Global stocks rally, and then filing just a little bit as we count down to jackson hole and the highly anticipated speech by the fed chair, jerome powell. Here is the state of play. European stocks a little bit lower, dragged down by rollsroyce, in particular, with record highs throughout the week. 68 basis points. We look at that later in the day, we might get more traction. Space, if you are looking for a quiet complex, it is the currency right now. The movement is contained, the dollar barely halting a loss. Wti, at the moment, just barely below the flat line. High, whereemonth they are looking out for live images from the area to get a better sense of the potential damage that might be inflicted. Morgan stanley says the extent of the impact on oil refining will be evolving in the coming weeks with the risk of higher or extended outages, mandatory evacuations in place in some of the coastal areas. You are looking at live pictures now