Of rainfall overnight and start off with rainfall. Show you going to check in with a. J. Colby. It is grey gray and wet out of your rainfall continues to fall on stormfox show you is colorful and more this morning with freezing rain out west it is nows rainfall late 36 lakefront hopkins 37 with a wind chill of 29. You cannot see downtown reduced visibility, 3 miles hopkins, and seven akroncanton. The wind e gusting at times over 25 mph looks like a few breaks down around akroncanton, dover new philly. 51 degrees dover, 37 hopkins, we are expecting temperatures to continue to increase as low pressure works into the state. On the backside we have blizzard warnings in illinois,id that storm will move out tonight transitioning to snowfall after midnight tomorrow morning rush hour could be a bit messy, have to stay on top of that, today rainfall, north and west, 39 degrees, mid 50s to the south,9 it will be itll be rainy and windy with gusty winds forecast. One and sun are facing charges af
Everybody. Im anna edwards. Lets update you on australia. Getting a few headlines coming through and if you market moves as a result of a reduced inflation forecast. Ive got a chart here. Inflation going down under. This is the headwinds, the challenge that faces the rba, like many Central Banks, hit by this global disinflation. This chart goes back to the 1990s. As a result, you saw the aussie on the move. Lets have a look at the risk radar. Real weakness coming through in the aussie as a result of this move. Yields on bonds lower. Threeyear yields hitting a record low in australia. Eightweek low on the australian currency. The big question, whether the central bank will do more to sperry inflation. Ive got the dollar index pretty flatness hour, but it is of course jobs day in the u. S. Headed for its biggest weekly increase in six months. The yen increasing against all major peers. Wti at 43. 84. Lets get to Arcelor Mittal, getting numbers from the steelmaker. This is the Worlds Larg
Im at the Venice Film Festival where juries awarded the golden lion prize to a firsttime venezuelan director. Thousands of refugees continue the desperate journey to europe and the country many are heading to is feeling the strain. The german city of munich said more than 12,000 arrived on saturday alone. Local leaders say the region is stretched to capacity and theyre asking other german cities to help. The Czech Republic Prime Minister said his country will stick to its decision to reject quotas for European Union states to take in Asylum Seekers and hungary continues with criticism of its treatment of refugees. Austria has been a transit point for many refugees. They are expecting 500 people to arrive every hour from hungary. Around 7,000 arrived an saturday. Members of the red cross gave food, water and medical care to the refugees. People wait to board trains to take them either to the capitol of sienna or other parts of austria or on to germany. I can tell you that we have all ri
Where life from europeans equity headquarters. Reasonably benign. Why is that . We have payrolls coming up later. We also saw a fairly spectacular close yesterday. Italy some of the mining stocks. 58 point 97 is where we are trading 5897 is where we are trading right now. Bnp paribas a big weight in that market. Some of the big mining stocks are up 20 . Down to the dollar i think. Lets take a look at what the dollar is doing right now. What other assets we need to focus in on. But what he we get is been for the greenback. Down by over 1 . But that number and go see bloomberg. That is what is worrying draghi. Sterling, that is the cable rate. The bigger move yesterday in euro sterling. Come as a result of which, pick your pair when you want to see the move. What you need to know for this morning. Nejra cehic . Nejra saudi arabias foreign minister has told number that low oil prices and strange budget will not derail the top the countrys budget the countrys ambition here it ambition. You
It has been a big week in terms of centralbank policy. We will talk much more about that. No incidents that the dollar had its worst week since 2009 and the miners had a twoday pop. Credit squeeze earnings, and unforgiving market punished the stock. Bnp paribas, you wonder what is going to happen at the open. We will talk about that much more. I am curious to know how the communication strategy is working right now. ,hy the analysts are so off particularly with the Banking Sector. Why are they being caught by surprise . Who is communicating well and who is not . Central banks, we need to bring into the conversation as well. Lets get you up to his. Here is caroline hyde. Caroline the u. S. Dollar heading for its worst week since 2009 as traders bet the Federal Reserve will hold Interest Rates unchanged this year because of a weaker Global Economy the the demand for Government Debt has sent japan 10year bond yields to a record low. Oil has slumped towards its first weekly decline since j