Economic data in the u. S. , 7 00, we have the Weekly Mortgage application. That is a volatile number. 8 30, the account balance. 2 00, fomc followed by Janet Yellens News Conference. We will carry that live. That is a very big deal. Doesnt paint a malaysia 370. We will talk about that in a bit. Alicia Central Bank Cut their gdp forecast. Malaysia Central Bank Cut their gdp forecast. We have been supplying so much liquidity to world markets, that has helped other economies, malaysia is an example. I would argue the central bank is in considering any of that given all of the turmoil. They basically did not acknowledge it at the last meeting. They said, deal with it. On your own. Earnings before the bell, fedex is the one you want to watch. After the bell, guess. Stocks, bonds, currencies, commodities. Not much going on. On to the second screen. Currency markets. We will get to that in a moment. Sort of. Ly, even the Australian Dollar putting on a bit, a stronger aussie dollar. Putin ral
Peninsula there is a crash on the shoulders. If you want to use 280 as an alternate route, i think it will be a better bet for you. Lets go back to the desk. Thank you, sal. Topping our news is breaking news this morning involving berkeley firefighter who was killed in a tractor accident. Tara moriarty learned his name and more about his family. Many of whom who have worked as bay area firefighters. Tara. Reporter that is right. The flag is flying at half staff here at the station where tony once worked. This beloved firefighter was killed last night in a tractor accident. It happened in an unincorporated section of martinez shortly after 6 30. Procession of firefighters and emergency crews escorted his body to the Coroners Office. Tony nunez was killed. The tractor went 200 feet down a canyon. Rolled, pinning him underneath. Firefighters poured into the Coroners Office last night grief stricken. He worked for berkeley fire but his father and three brothers all work for the don tram co
Horizon in fact there are a couple of storms that are headed our way by mid week. We may accumulate 7 in. Of rain. This is expected to be the most significant storm of the season. High pressure is still in control. Heading outside right now upper 30s, 47 degrees for San Francisco. It is a big cold outside the temperatures will continue to drop. As we head into the after no we have a day with potential 70s. 69 degrees for oakland and temperatures will climb to the low 70 were looking at the possibility of recordbreaking highs. Were still talking about a deficit in terms of rain. We may put a dent in at santa rosa is about 15 1 2 inches of rain for we should be this time of year. Here is the seven day around the bay. Changes are coming by wednesday we may see rain for the evening commute. The winds will pick up. A second storm will arrive by friday. Rain will remain Early Saturday Morning and the clouds will clear by sunday. More details on that coming up. The traffic around the bay is o
Down the wet weather expected to return to the bay area command of the 15 minutes. George not checking hot spot but the volume is definitely building up all over the bay area. Here at the bay bridge its been a very slow commute out of the macarthur maze of the other approaches to the bridge look great. But the nimitz freeway and the e shore freeway the feeling that marked lanes to rid of the drive time out of the macarthur maze is over 20 minutes this morning. For your ride to the san mateo bridge. Volume up and sold is a and the drive time. For the Golden Gate Bridge in problem free ride for the softball looks great with no delays. In your commute to the Richmond San Rafael bridge still an easy one. Darya the time now 701. The berkeley fire fighter was crushed to death by a tractor in the east bay right now live you can see his uniform here draped over the fire truck in memory of this firefighter who was killed. Kron4s will tran is live in berkeley as well bridge would give details ab
We are going inside one of the worlds most prominent fashion houses. Takes a look at the life and legacy of its founder. That is next hour during our in the no discussion. Lets have a look at some breaking news. Italian oh Banking Group is reducing releasing numbers. 5. 59 one billion dollars was the net loss. The reason for this they have written down 5. 8 billion in the fourth quarter. That is the reason we are seeing that. In terms of how the business is performing, one ratio is 12. 3 at the end of december. They say they are taking repricing action to limit what they see as a negative environment. Going through the metrics for the fourth quarter. Time when european banks looking ahead to the asset quality review that things be conducted by the central bank. Saying they have about 11 billion euros in capital buffer ahead of the asset quality review. We will keep an eye on that story as it develops. Those are the latest numbers. Back to our top story. Microsoft is an omission to get