Will talk about this later on, but seems like europe is edging one step closer to that 1. 8 trillion euro recovery fund, which would be huge, particularly as the u. S. Cant get it on stimulus. So huge that the euro barely budgets. [laughter] alix it could be worse. Guy it is big news, but i think there was belief in the market that this is a done deal, and europe will ultimately come to the right conclusion and make the stimulus happen, 1. 8 trillion euros. So i think the market had already priced this one. As you can see, unchanged on eurodollar on the back of that. We are getting the jobs data coming through. 6. 43 islittle light, the number. 6. 5 was the expectation. Actually, the prior number devised down a little bit as well. So maybe a little bit of softer data coming through, but the market doesnt care. The market is looking through the virus. All of the bad virus news, you can put that in the rearview mirror. That certainly seems to be the sentiment right now. Lets dig around w
Where theyre going to be sitting one of our triple digit cities well falling back in the 94 conquered 97, san jose from yesterdays upper 90s to 92 degrees today, San Francisco and Oakland Beach set records yesterday was sfo reporting 89 degrees for the high yesterday and oakland reporting 88 degrees for the high yesterday downtown oakland will call to 80 degrees today which is a solid 8 degree drop in temperatures so theres definitely that Silver Lining right there still warm but not quite as a hot as it was earlier more on your forecast is still to come back to you james. Thank you very much john. 4. 31 oclock the nation comes together for the gas that george floyd and calling for an end to Police Brutality. This is around peaceful protests across the country against raiders came out the streets in washington dc in denver and portland. Vegas, most of the protests yesterday were peaceful even though some did go past the curfew but the good news is theyre becoming more peaceful here in
As demand dips and price wars loom with brent reaching its lowest level since 2002. Awe quarry tet of eurozone banks scrap their proposal after the ecb wants to preserve cash until october in a bid to maintain liquidity the number of confirmed coronavirus globally has risen 723,000. The death toll has risen to 34,000 germany and france have started lockdown with germany. The number of deaths in italy has fallen for the second straight day tough restrictions remain in place. Elsewhere china says it has posted a drop in new cases for the fourth consecutive day as beijing battles against a second outbreak of the virus. How are the markets reacting to it markets are trading on the back foot in europe. We are seeing some pretty substantial losses coming together in the early hours of trade. Ftse 100 down 2. 6 in the germany the dax is holding up a little better, down just 1. 4 . A few sectors are getting a particularly hard hit this morning after some analysts weighed through the impact of
For oakland 12, San Francisco and san jose sharing the same temperature in the upper 60s. Robin thank you john were checking out the bay bridge. Its been busy all morning and looks a little bit better on the suspension, your drive time has decreased to 11 minutes, but it probably wont stay like that that. Times this go up and down. We have traffic in waves as what we call it heading into San Francisco. So youre getting an ok break right now its backed up the on west grand its not through the maze little busy on the upper deck, but no major problems in your carpool lanes of already thinned out so thats good highway 4. 44 minutes, antioch to concord thats normal and still busy on one oh one just over an hour 65 minutes now from san jose to menlo park darya chance, thanks a lot rob, and its 8 oh one and our top story to americans have now died from the coronavirus both of them in Washington State now the latest was a man in the 70s Officials Say. Theyre investigating a possible outbreak a
Deal as it sets out its breaks it redlines. Scarred for life victims of delhis worst communal riots in decades trying to rebuild their lives. And in support of a joke which is just going through to the semifinals of the 3 point championships world number 6 the final sits a pass is also into the last. Trade routes have been carved Global Supply chains are disrupted and stock markets a falling economies worldwide is starting to feel the pressure as the corona virus spreads all street stocks down again and are on track to record their worst a weekly losses since the Global Financial crisis of 2008 european shares fell on thursday to with travel stocks bearing the brunt. Footsie 100. 00 index fell by nearly 3. 5 percent losing more than 150000000000. 00 over the last 4 days shares fell in asia to japans nikkei index lost 2 point one percent christian salumi is live for us in new york christian walk us through these stock market losses in the u. S. Well stock prices remain down across all 3