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July 16, 2024
Skin color. Plus a surprise drop in u. S. Unemployment raises hopes that the worlds biggest economy may be recovering on the throne of i was crisis more quickly than expected. And on World Environment Day we take a look at the future of the planet its the Global Health emergency has led to a cut in pollution and Greenhouse Gas emissions in some regions many doubt whether the improvement is sustained. Im going to have alphas welcome to the program the latest round of brags that talks between the ...
July 16, 2024
Postvirus recovery. Banks leading the s p 500 to a three month high. Level since highest early march and hopes opecplus will eventually rebalance the market. However, divisions are showing among reducers. Producers. Shery lets get a check on how markets are trading. We are seeing some pressure from u. S. Futures, down slightly as we saw the extension of the rally on the s p 500 now at that three month high. Of course we had a report indicating that a recovery it was underway for global airlines....
July 16, 2024
Muslims marking the end of the fasting month of ramadan but this year under the shadow of the coronavirus pandemic. Also ahead israels Prime Minister is set to go on trial for corruption well look at how he got here. And im so how much with the sport as n. B. A. Basketball moves a step closer to restarting the league concerned citizen talks with disney about possibly finishing the season at one venue in orlando florida. Ok lets get going in scenes we havent witnessed since last years mass protes...
July 16, 2024
Talking about 750 billion euros of grants that might help the peripheral countries. Matt bailouts is really the big story here, aside from the chinese story you point out. It is fascinating to see the you yuan we can buy that much. Europe is in focus in not only because of the bailout proposal, but macrons 8 billion euro bailout of the auto. Ndustry daimler shares are rising 9 . Renault shares are up about 16 , 17 . The reason the french bailout matters for german carmaker daimler, of course, fr...
July 16, 2024
Other universities we have been following. Amy hollyfield live at uc berkeley this morning. Good morning, amy. Good morning. The words are will be open and offering instruction and janet napalatano did leave online instruction and she is envisioning a mix. The question will be how much will be in person versus how much will be done remotely. According to the mercury news, uc system has lost 1. 2 billion because of this pandemic. A lot of money and you can see thats why they are looking to fall i...
July 16, 2024
The east bay. Lets take a look from sutro tower. You can see some of the cloud cover slipping through and were waking up mostly clear inland and partly cloudy around the bay and the coast. Temperatures in the low to mid 50s and well stay in the 50s at the coast where we will eventually clear out of the clouds because the breezes will pick up. 69 to 73 with that quicker sunshine and the breeze will hold 72 to 78 and 50s and 60s if youre heading out this evening. More on that weekend heat coming u...
July 16, 2024
British pound sterling. Lots of development in europe, including the 750 billion euro package, a combination of loans and grants. We will get to that in a moment. Essentially, that massive edge helping to narrow spreads, so the italygermany 10 year spread in seven basis points at 1. 91 . Matt the china story obviously a huge one that markets didnt look like they were pricing and until now. The european rescue package was a story that markets had priced in already. It was 500 billion last time ar...
July 16, 2024
Ive got another one for you. 25 million of us were indeed out and about over the last two weeks and that is a big increase. Its not back to normal but we are coming out of the total lockdown. Dead on arrival. Thats the speakers 3 trillion spending plan. It would have encouraged staying at home. It would have bailed out the Postal Service. It would not have provided any Liability Protection for businesses. It was a votebuying scheme. Thats my opinion. Thank heaven its dead. Now this. Fed chair po...
July 16, 2024
Lets have a look at what has been really driving things here, haslinda. Haslinda the focus this week for markets will be that policy meeting in china. Fed chair Jerome Powell says a new rebound in u. S. Growth depends on the delivery of a vaccine, but he stressed that the economy will recover eventually. This economy will recover. It may take a while. It may take a period of time. It could stretch through the end of next year. We really do not know. Powells remarks follow a warning that and our ...
July 16, 2024
Assessment of Global Energy demand. Saudi arabia is cutting output to the lowest level since 2002. As mentioned, we are looking at the start of the trading session. Thats get over to Sophie Kamaruddin in hong kong. We are expecting moves to the downside. U. S. Futures holding onto a three day decline in kiwi stocks. The index is off by about. 33 and markets are priced in new zealand to join the negative rate club. Amid calls for more stimulus around the world, we are waiting to see if china will...