Upper 106 level before u. S. Retail sales and trade talks are planned for the weekend. We are seeing dollar weakness in recent days. Gold futures at 1946. It is above 1900, a wild ride for the metal after surging 30 this year. We saw the plunge below 1900 tuesday. Gold is still an of the bestperforming commodities of 2020. 66. 22. 10 year yield at lets flip the page and look at where we are in terms of the chinese shares ahead of a slew of data for july on friday, including Industrial Production and retail sales. The csi 300 is in negative territory, down. 4 . The yuan is at 6. 93. The hang seng is getting some gains. Center, infront and negative territory right now even as it the highest estimate. Tencent also played down the Trump Administration as we check been. Ban wechat the kospi is up on a 52week high. Look at southeast asia, this is asias worst performer this year, correctly up. 5 . It may rise to between 6500 to 7000 this year, driven by pretty much the government stimulus pac
Performing significantly better than europe, also pointed to stock that has the u. S. Market gains against other countries. We will continue listening to the president and see if he has anything more to say. We are waiting on anymore comments from a u. S. Stimulus package, not to mention ongoing u. S. China tensions as we are getting close to that and of wecheck. Pps tiktok and quick check of stocks trading at the moment, u. S. Futures holding flat after u. S. Stocks surged briefly to a record high, reachedthat 3386 level february 19, before the pandemic. The s p 500 closed 1. 4 percent higher, tech leading gains. Nothing specific driving the rally, Speaker Nancy Pelosi saying lawmakers are miles apart on another fiscal stimulus package. The s p 500 index saw the biggest jump in over five weeks, all 11 Energy Sectors rose. Look at what oil is doing at the moment. We are seeing it under a little pressure, headed to the 42 a barrel level, after jumping in the new york session to a fivemo
With a warming trend. But it will not be like last week. Overcast up in the north bay. Towards San Francisco, oakland, hayward, fremont and san jose. And well check in. Santa rosa, 57. Napa, 54. And San Francisco into the upper 50s. Heres the forecast for today. For this morning. We know it. Cloud cover in the short term temperatures from the 60s, the 70s to the 80s. Today should be a little warmer compared to yesterday. Santa rosa, 83. And mid80s out toward concord and antioch. More on your fiveday forecast in a few minutes. Lets check in with allie right now. Shes checking on the roadways. Yes. During the 6 00 hour, things started to pick up. And 7 00 now. And things are on pace to stay that way. Lets go to the maps. Westbound highway 4, two vehicles involved. The backup extends to antioch at the left of your screen there. In orinda. From there, well look at 880 in hayward. Earlier crashes at wynton and hesperia. And the southbound direction has still cleared. Slow going through 880.
The moment. Traders across europe are waiting on the speech from the leader of catalonia today. Expats sending money home can add hundreds of billions of dollars to a countrys economy, especially in developing nations. Well be speaking to the man behind worldremit, the tech company specialising in worldwide remittance. With the global cost of obesity forecast to hit more than a trillion dollars we want to know how you would tackle the problem of bulging waistlines . Just use the hashtag bbcbizlive. Hello and welcome to business live. Please send us your comments on the issue of obesity, automated, france, strike action, you name it. We have got lots in the programme today. Lets get started. Deja vous france is braced for mass strikes and protests today. Civil Service Unions have called on their 5. 4 million members to take to the streets. So whats got them marching this time . Theyre angry about massive job cuts in the Public Sector 120,000 positions are to be axed over the next five y
Im seema mody in for sara eisen. Good to be by your side. I was off for two days, good to be back good to have you. The market off to some declines, 0. 1 we have had highs in volatility sings midseptember, but still low from historical standards. Gains of over 1 last week so yesterdays declines in perspective there. This morning we are pointing higher tenyear treasury note for you, last week finished at 2. 37 , just slipped afraction this week to 2. 35 looking at early trade, i guess well start with asian equities where japan has been on a nice run up 0. 6 closing higher for the day its now higher by 9 so far this year. The japanese nikkei trading at its highest level since june of 2015 a strong day across the board for asia hang seng, shanghai composite and the kospi are all supporting gains ahead of chinas big political event next week, the Party Congress on october 18th early trade in europe, better than expected data out of italy. September was the best month for italys industrial