Equities continue to rally, adding to their best start to year since 2006. Our european stocks going to follow . The u. S. Looks to open up pretty good. Head of inflation data at 9 30. The bank of england suggests u. K. Productivity could pick up quicker than expected. Can we still count on two rate hikes over the next three years . Matt less than half an hour ofy from the european open equities trading. Lets look at where futures are. Pointing to hire opens across the continent. Future are upc about. 25 . You mentioned s p, the many contracts up about one third of a percent and a percent missed price in kate indicates have a percent higher in the u. S. Markets like equity will do better after the Martin Luther king holiday. I have a threeday chart of the terminal andin my the flat line, no trading yesterday for Martin Luther king day. Yield have a spike in the on the friday going into the weekend. It came back down and now we see yields lower today, this morning trading down to 2. 54
Outside a fire in old city. You had mentioned earlier, talking about it this morning, but it will affect you, lots of road closures around the area, and it is also impacting mass transit, as well. Absolutely. Certainly, but you know with time there will be some showers that move in here. So if you are look us, and you must hit the records, must get out, do your job here today, expect you might run into little wet weather later on. For now things looking good. You just have building clout deck overhead, all signs of things yet to come. There is warmfront lifting in. So warmfront. Thats really going to be living up to it name. Wait until you see the temperatures that were about to hit in the next couple of days, for now storm scan again very quiet. No wet weather to track yet later this afternoon specially see the showers break out in scattered fashion across the board. Good thing we currently dont have any wet weather. Probably would have have a mixed bag going on, below freeze nag hand
Check out what is happening to european london european stocks. Stocks arising for the second day for the biggest weekly increase in two months it sterling low against the dollar down by. 2 . June 24 last year, biggest weeks biggest weekly gain last year. Sterling rallying 3 against the dollar as the boe turns hawkish. Up fiveyear yield is basis points, higher since august 22 after rising 15 basis points last week. You know the fmos fomc meets this week. Dropped theounts most since january after a. Ecord expansion lets get the bloomberg first word news. Sebastian a peaceful resolution with north korea but Rex Tillerson has warned his two parents use military force if necessary. Those comments came as trump prepares to ask allies to confront the regimes threat. In a tweet, trump mocked kim jong un as a rocket man. Marias wins have picked up eight to five miles per hour. Warnings are being issued to several islands. The u. S. Is bring for rain, and beach erosion. The day has lowered its
Illegal immigrant jose zarate is charged with seconddegree murder in her death. The handgun that used belong to the bureau of Land Management ranger who reported it stolen from his car one week before kate steinle was shot. Deputy District Attorney diana garcia said the handgun would not go off accidentally as a defense has claimed. Theres going to be a baseline question that the jury is going to answer. The question is, whether the defendant intended to fire that can. We have a charge against him of murder. That is what we believe the evidence is going to show. We are talking about a gun with history of accidental discharges. It does not have a safety on it. It is marketed that way. This case set off a nationwide debate over sanctuary cities since jose zarate has been released from a San Francisco jail even though federal immigration authorities wanted him to stay in custody. He had been deported five times previously. However the judge in this case has barred any mention of the polit
Stranger to law. Is that correct . Thats correct. He spent time in prison and had some arrests here locally and hes certainly someone were glad to have off the street tonight. Reporter hell be booked into the lake county jail. Im juliette goodrich, kpix5 news. A Defense Strategy is emerging in the high profile kate steinle murder case, attorneys making their Opening Statements today. Kpix5s phil matier was in court and, phil, the aspect of the shooting that made National Headlines is not even a factor, is it . Reporter thats right, ken. What were talking about is kate steinle and she was shot in San Francisco and it became a center of national debate. It was part of the president ial debates, as a matter of fact, the whole question of people being here undocumented and how many of them are criminals. Remember, donald trump trumpeted it. Well, he also trumpeted the steinle case and that led to kates law in congress, but in the courtroom this isnt about public opinion. This is about evid