Treasury yield target. Chancellor merkel looks to repair the transatlantic trade ties but bidens Irish Heritage threatens the u. K. s special relationship as his views around a hard border in ireland remains central to brexit talk. Welcome to the program, everybody. Just under one hour to go until the start of cash equities trading. Lets have a look at where users have us positioned. We saw a strong appetite for risk assets last week and that continues with the big news over the weekend about president elect biden. Point 21. 550 futures percent, echoed by ftse futures and dax futures. Buyave a sense of if not everything, buy risk and treasuries. We are not seeing full wholehearted embrace of the fixed income asset class this morning. This is what got on the global stocks outlook. Mastec futures outperforming. A lot of this had to do with hyden the optimism around what President Biden might do around stimulus although there is a senate conversation. What does this mean for reflation . W
Later on today across the bay area we get a look for to this day time highs back into the 70s for San Francisco, oakland and san jose and all under abundantly sunny skies. Robin and we enjoy that sunshine. Thank you john, lets check in on the traffic we like when we can have a smooth quiet commute right. Were starting off with a look at 6. 80 this time around taking a look at the drivethru wanted creek. The shot not too far from the 24 split. Were looking at 14 minutes thats a cute direction for south 6. 80 from the highway 4 split through 24 and out danville youre clocking in at 14 minutes here the richmond sandra fell bridge. Its just now getting busy so were seeing the traffic come to a crawl leading up to the toll plaza typical commuters hitting the road heading into the north bay, but only 9 minutes for your total drive times so thats still good. Checking in on the bay bridge commute. We have a little bit of a backup in that car pool lanes its gone, its gonna come back youll see a
Enough is enough is enough is enough. So i want to be really clear that what happened to Breonna Taylor was part and parcel and pattern of the war that is waging in our lives and weve got to Start Talking about it. Reporter for these women, what happened to taylor is extremely personal and staying silent is not an option. I wont tell you our lives matter. You know our lives matter. So what we need to garner is the power to demonstrate that our lives matter. This gathering came after hundreds of people marched through down oakland hours after the grand Jury Announcement in kentucky. So far in oakland, the protests around the Breonna Taylor decision have been entirely peaceful. Wednesday night, police say there were no arrests and no reports of damage. Some demonstrators did walk on to interstate 980 for a time. Protesters and car caravans vowed to take their message to bay area bridges and even airports. Its a time to provide safe places and safe spaces for the freedom of speech. For th
Simply not coming back. Markethe back of a labor surprise in treasury yields, drifting higher. That is the call you are looking for. Lets start with the jobs number and what it means for the policy effort in washington. I think the number is a sigh of relief. The markets were trying to get jittery going into friday, not knowing how bad or good the numbers would be. This is clearly a step in the positive direction. What this means for policy is yet to be seen, still a lot of bickering going on between the house and senate. If anything, in some respects i would argue that the good payroll number argues for congress to pass another deal to support the economy. A lot of the positive momentum we have seen in the last three months is because of fiscal stimulus. Treasury yields higher by eight basis points on the 30year. This is something that you are looking for. Thender how independent sweetener is of the next move down in washington . Subadra i think they are all closely tied to each other
On fox business. He will be talking about the jobs numbers, about the stimulus plan, if we will get one or if the president will have to pull the levers himself without congress. 30 minutes from now, larry kudlow. Well also ask about President Trump issuing those executive orders banning u. S. Transactions with wechat and tiktok. Shares of tencent, lets see, tencent is down about 6 right now. Well see how things are going. Futures, by the way, are down about 73 points. They had bumped up into the green from triple digit losses earlier when we got the jobs report, but they have settled down a little lower. Again, a lot less than it was earlier this morning, before the jobs number came out. As President Trump threatens executive actions to get another round of stimulus as democrats are stonewalling any compromise. We are also going to be weighing in on the market trade worries as the president signs a new executive order reimposing 10 aluminum tariffs on canada and that crackdown on Chin