At least there is some near the coast. It will be a tough day for some. List cloud cover and temperatures jumping up. 70s through 90s. One more hot day. Over to sal. See if theres anything new. Anything there . Nothing new. We are still okay. I like what i see. Slow Traffic Building at the bay bridge toll plaza. It is not a major deal. It is the normal commute we see. We dont see a line in oakland. A couple of earlier accidents that cleared to the shoulder quickly and didnt cause slow traffic. It looks like my 280 teacher is down. Lets go back to the headlines. We managed to get through yesterday without the planned Power Outages, but theres the possibility today that it will happen. Another day of tripledigit temperatures and we are being told to prepare for those rolling blackouts. Reporter the California Independent system operator said 3 Million People could lose power yesterday. That didnt end up happening, but there is a chance it could happen today. Cal iso said rolling Power Ou
Good morning and welcome to daybreak australia. Im paul allen. In about im annabelle. Cutting down to asias major market opens. Shery the top stories this hour, investors way mixed corporate results. Microsoft jumping up your First Quarter Sales Top Estimates while alphabet sinks as cloud avenue paul chinese stalks, lawmakers raise the deficit ratio as xi jinping makes his first visit to the central bank. Shery china removes the defense minister ending speculation over his status after disappearing from public view. Take a look at how u. S. Futures are coming online. Downside after stocks rebounded ending the longest slide in 2023. Corporate earnings and really a little bit of a push up because of forecasts from verizon and ge in a busy week, 15 trillion dollars worth of companies reporting. Treasuries were mixed. 10 year yield edging higher following intense volatility on monday. The bloomberg dollar index rising for the first time in four sessions, u. S. Business activity picked up i
Shares jumped in hong kong as investors rewarded improved capital. Returning bank that more to shareholders and when will it . We will talk about that question. It will be a busy session. An awful lot to think about. We need to talk about what equity european equities will do today. We will see what the fair value looks like on the wei. The ftse look sick it is opening more firmly. Up and the dax up by. 3 of 1 . In aggregate we are opening up. 3 of 1 . That is the story in terms of where we have think cash is day. Ing the guy the where watching carefully a number of things. You have seen the aussie dollar come down. That is the story with the aussie dollar, down by. 2 of 1 . The bloomberg dollar index is up and the dollar is firmer. Solids backtoback sessions for the greek market. I want to show you the next column. This is where gets interesting and this explains why we are seeing what we are seeing in the aussie. Iron ore is down by 8 . Youre seeing an aggressive selling off of the m
Hoursr in hal af an time. 4sbcs First Quarter hit 5. 9 billion. It will contemplate share buybacks as and when appropriate. Anna edwards spoke with the banks cfo and asked whether 2017 will be the end of revenue decline. I have to say id be a happy man if i could close out 2017 right now. Revenued to see 4 growth over the course of 2017 and notwithstanding a very good start in the First Quarter. That is the guidance we are holding as we move into discussions with investors. Anna can i ask you about share buybacks . Were were some that disappointed to not see another. Last summer he talked, you said the ratio target of 12 . If youre about that you will contemplate returning cash. You are well above that. Why no cash right now . We have just finished a 1 billion buyback on the 12th of april. When you add to what we did last year, that is 3. 5 billion. I would not encourage investors to think we are going to do buybacks every quarter. Were very happy at 14. 4 . As we said, the happier las
Is long europe and along french financials still. To buy Christian Dior. Is this another bet on global reflation . Just a halfhour away from this tuesday open of the european session. I just want to point out we are looking at gains in futures once again today. If you expected another pullback after the big games that we saw in european, Global Markets yesterday. You might be slightly disappointed this morning, ishough the ftse move mispriced down, so maybe we will see a drop there. Also, look at the bonds right here. Not a lot of change from yesterday. This is a threeday chart, so you can see on the second day of this chart, the big game that we had in bund yields, the big drop , but not a lot of movement. Although 08 t yields continue to fall a little bit. It will be interesting to see how things shake out in other asset classes. Guy plenty to talk about this tuesday morning. Lets talk about what happened yesterday and rolled into today. Massive monday. A fair way to describe it. You