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What an interesting market. It is not a normal july, and simply, it is not a normal friday. Gold almost touching 1900, better markets in the last minutes off the better than good pmi data in europe. Francine we had betterthanexpected pmi in europe, but also the u. K. It is not moving markets that much, but it is something to keep an eye on. Lets get to first word news with karina mitchell. China has dropped back, ordering the u. S. To close its consulate in chengdu because of the u. S. Decision to close the chinese consulate in houston. China serves as a key u. S. Listening post. China says it...

White House Task Force dr. Anthony fauci is among three top doctors now in selfquarantine after being exposed to a person coronavirus. Two people within the white house have tested positive for the virus within the past few days. Some welcome news for sports fans. The ufc held a slate of fights in florida with no crowd in the arena. The night began with a taped address from President Trump congratulating ufc on its return. Meantime, there are now more than 1. 3 million cases of coronavirus here in the United States and the death toll is approaching 80,000. Much more on these stories in a duate...

More than 2 on the stoxx 600 great s p futures point to another day of decline in the u. S. On track for six days of declines and heading for lowest close since october and global stocks for the 10 year yield hitting a fresh record low. Yields are dropping across the u. S. Curve. The two year yield sitting around 112. To the euro missed the risk off memo . Three out of the past four days. 10947. It could be down to the broad dollar weakness. The yen has been big today along with gold. Saying we could get 1800 on gold. Wti extending its slide beyond a 13 month low. Lets get the bloomberg first ...

I heard a noise was fog. Never seen fog like this in concord. That was probably the fog saying come out and see me. Because it is thick out there. Sounds like 40 to me. Morgan hill with 99 humidity. 42 san march teen. Gilroy is also in there. Low 40s santa cruz mountains, thick morning fog and then sunny and mild. It is a visibility is awful. Anywhere from 0 at a quarter of a mile, and even out to the napa airports and on the crocker bridge as well as down towards hayward. On the peninsula as well. 101, watch out. 30s, 40s on the temps. Pattern is locked in. What you see is what you get. Fog a...

President street tweets with one of his own. He says you dont believe in Climate Change so you are excused from the conversation. Saudi arabia has offered a number of senates to open success. They cut taxes on the oil giant for a third time and may boost dividends again and will award investors for holding onto shares longer. Shares will be lifted. Sales were hit by lower oil prices. Global news 24 hours a day on air and at tick tock on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. It is 1 00 p. M. In new york and...