A little bit chilly again this morning. We have some high clouds. Take a look at satellite. Youll see some breaks in the clouds and there will be some sun today but a lot more cloud cover around than there was yesterday and those showers down to our south so far you can see how theyre just falling apart as they try to head up into washington. I think we stay dry today and then tomorrow we get some of those irma related showers popping through at times. 61 degrees currently in philadelphia. 53 in allentown and reading. Thats cool but not as bad as yesterday when you were down in the mid 40s so improvement this morning. 62 degrees in cape may. 58 in wilmington, 55 in trenton and not much wind either which is nice when its cool. 59 degrees by 7 oclock. But after that, we warm up. 76 degrees for your lunch hour. And 81 when the kids are coming home from school at 3 oclock. That will be your high this afternoon. 79 by 5 oclock and by 7 oclock, 74. Some showers from irma possible tomorrow. I
From the asiapacific to new zealand we are seeing losses this hour. Lower on that1 disappointing chinese data. Retail sales. Right now youre seeing a decline in about one third of 1 . Also counting down to the openings in australia. Futures are pointing to a slightly lower open. Plus including being in the second cut from the royal bank of australia. Dropping to record lows. After that chinese data over the weekend. Lets get over to japan tracking futures trading at chicago. We are seeing signals pointing to a lower opening on monday. Japanese yen is still range bound. Watching out for Producer Prices for april. We will break that to you when it comes. Is the story disappointing data from china over the weekend that highlights the challenge facing policymakers trying to reform the economy and cut overcapacity. How bad do things look . In march we saw a slew of positive data. Some would say this is a corner has been turned. The reality is that industrial output and production and retail
1 when it went on the lunch break. Good things coming out of australia led by the Health Care Stocks and the 10 year bond yield going to a 10 year low. And gains coming through for the u. S. Dollar, that is putting pressure on some of those asian market currencies. I will have more on the market, shortly. Angie thank you. Ubers story this hour, chinese rival could be considering an ipo as soon as next year. Wow. This is coming on the heels of them raising more than 1 billion from apple in bringing the total amount of the fundraising to 3 billion and with a valuation of about 26 billion. Angie what does it mean for over uber . They said that they want to hold off the ipo as long as possible, so that means that didi could raise ahead of them, so they are avoiding raising from the same investors at the same time. And there are other services in the pipeline also want to ipo will potentially lyft. And in terms of fundraising, what the sources said, is the reason they have been so aggressiv
Press freedom around the world is being threatened by political authorities – the very people who should be its guarantors. In marking Press Freedom Day, on 3 May, Reporters Without Borders says this is clear from the latest World Press Freedom Index, which shows journalism is under political pressure. Their finding was based on five indicators that were used to compile this
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