Injured at the moment. Weve been working through negotiations to try to make sure that the people inside are cared for, but that they have what they need toso they dont become ill or injured. Well continue to do that. Andrew thomas joins me live from sydney. Any update to the situation there, andrew . Reporter in the last 45 minutes three people have emerged from the cafe, theyve either escaped or released, were not sure. But the Police Confirmed that three people have got out of that cafe. But what still is not clear is how many more hostages remain inside the cafe or, indeed, how many hostage takers there might be if there is more than one. We do know there is one armed man inside that cafe. The police would not confirm whether there were any more at all inside. The whole of the area has been locked down. Macquarie street, martin place 200 meters to the left up there. This road is normally a busy thoroughfare. But now its completely closed off by the police. This central sydney squar
Caught in that building out of there safely. The motive of the gunman is unclear, but earlier, a black flag with arabic writing was placed on the cafes window. Were also going to look at how australias jihadist problem is bigger than this hostage situation. Its midday here in london, 7 00 a. M. In washington, and 11 00 p. M. In sydney where police are 15 hours into a hostage situation at a local cafe in the center of the city. A gunman has been holding staff and customers at the Lindt Chocolate shop cafe in martin place in the citys Central Business district. As you can see from this map, the state Parliament Building is nearby as is the reserve bank. This is usually one of the safest areas in the entire country. There is still no sign of the situation coming to an end. Authorities say they are in touch with the gunman, but its not clear what is behind his actions. The australian Prime Minister tony abbott has described them as politically motivated. The area we know is in lockdown. Po
Breaking pmi data slightly ahead of expectations. Pmi rising. 51 point five. Just half a basis points higher than expected. If you look at the competence of each country, it is the same as manufacturing that was week and some parts. We have to put up. For in percentage terms. We are trading at highs on the back of a composite number we have had out. I think what will be fascinating is to see how the european economy reacts to significantly lower oil prices. Russia. Lets talk about russia and what is happening there. The backbone for the ruble. The russians situated and cruising entries rate to 70 overnight to defend the currency. That went well. The Russian Central Bank 17 overnight to defend our currency. They lost percent of their value yesterday and you have to go back to 1998 to see a similar day loss. And a rate hike and today, the ruble has given up all of the gains on the back of that and is down against the dollar. I have to look at the screen, it keeps changing. Six and six ru
Its statement to drop the pledge to keep rates close to zero for a considerable time. The feds twoday policy meeting begins tomorrow. The oil shock continues as crude Oil Prices Bounce back after volatile early trading. Brent had dropped to a 5 1 2 year low after the further price declines. Also in the headlines, opecs chief defending the decision not to cut the output. Wti is up by 40 cents only sitting at 58. 21. Last week 13 decline in oil prices sent waves throughout the Global Markets in the last five trading sessions. The yield on the tenyear tnote posted the biggest weekly decline in terms of a drop in terms of basis points since june of 2012. And the dow dropped almost 4 over the course of the week. That was the worst week since november of 2011. Weve been watching the equity futures this morning that look to be bouncing back, at least in early trading. You can check it out at this point, tripledigit gains for the dow futures up by 102 points. The s p 500 up by 11 points and th
Aextreme. It is a bad drive. We have had too many accidents. The san mateo bridge has flood at the toll plaza but it is wet and it is. Coming down on the San Mateo Crossing the water from hayward to foster city. Metering lights were turned open early at bay bridge with heavy traffic barely moving because of an early accident that has cleared. It has gummed up the commute leaving emeryville and we have had solo spinouts and a jackknifed big rigful nick is in the south bay with the conditions outside right now. There is a tow truck, is that right . Absolutely. This is the second of the tow truck we have been waiting for because there were two big rigs that spun out. That is because of wet roads and the rain that has not stopped and it made the continues tricky at best. You know how difficult the sunol grade is but imagine how complicated it is with lanes of traffic blocked by the the big rigs. I talked to c. H. P. About what the drivers are facing headed out roads. We have numerous crash