Ripping us off for years like china and many others. It is going to force them to pay us a lot of money, reduce our deficit tremendously and give us a lot of power for other things. Pres. Biden there is more to be done. Workingclass people are still in trouble. I come from scranton, pennsylvania, a household where the kitchen table, if things were not able to be met during the month, it was a problem. The price of eggs, housing, a whole range of things. Thats why am working so hard to make sure i deal with those problems. Yvonne lets check in on market reaction. We did not expect this bait to spur a lot of volatility, but you are seeing movement in the currency space. I think the dollar has been more favorable. What are you watching out for . I think the greenback reaction is quite interesting. While the debate carried on, it pared some of those gains. I will take a deeper dive in a bit. It is interesting as we watch out for the reaction in the chinese currency. We actually saw it star
Bid. Shery expect profittaking. It is 8 00 a. M. Bright and early in to buy. I am yousef gamal eldin. Shery it is midday in hong kong. I am shery ahn. Taking a look at the asian markets. It is a mixed picture across the board, the hang seng gaining. 3 . Lot to do with just optimism across the board, but function,u look at my markets a bit more subdued for a monday, excellent data out of japan, but also president s day holiday in the u. S. , the dollar index study, losing a quarter while steel is leading the gains when it comes to commodities. Gains seeing doubledigit for steel rebar futures contracts and china. Look at the strain to year yield down to basis points. The 10 year bond yield finally declining after six Straight Days of advances among but i get ahead of myself because so much uncertainty out there. I cant say it is an optimistic picture just yet. Yousef we look at the conventional metrics and a lot of these Asset Classes, for example, u. S. Treasury yields, but let me show
Of you. Francine this was the curtains will change at the white house. Bloomberg news. We have plenty. Taylor several thousand people smashed windows and damaged cars on the second night of demonstrations. There were protests in a number of other cities, including new york and chicago. Donald trump called them rational protesters incited by the media. He said they are very unfair. Donald trump selection means talks for the tpp will be put on hold. The trade commissioner spoke to reporters in brussels. President , wew dont really know what will happen. We have strong reason to believe biggestll be not the irony for the u. S. Administration. Taylor this would eliminate tariffs and increase regulatory cooperation. Russias cautioning against excessive optimism. Up president disagreements will continue after donald trump takes office. He said relations are at the lowest point in decades. Taliban militants launched an attack on a german consulate in afghanistan. They killed six people before
Moving up. We are all waiting for the jobs report tomorrow. Joe you have to talk about the resiliency of this market. We were down earlier in the day, and another come back to close over 2100. That is an important level. One thing that did help a little bit was a bounce back and oil after the inventory report. Energy down the most on the day, more earlier, then a pullback into strength. For a long time we talked about oil and stocks correlation. That is not where it was three months ago. Is going one way, stocks are going one way, the correlation down. 9, so today positive despite oil. , a bigresting stock move move down intraday, a report came out from andrew left of citroen research. Chemours. There is some doubt and Short Interest might be building. Joe a remarkable turnaround there. Lets look at the greek twoyear yield. Here is a threeday chart. That was thisop, morning when we got the ecb decision. They did not grant the waiver for banks to get greater access to ecb capital. That
Life right now. I feel terrible. Reporter arborists have been doing visual inspections of these pines all week. They are all in good condition. This was just a tragic accident. She will be out of the icu in a couple of days. Did anybody from the city talk to you about this . Reporter the department of rec and parks and also the sf General Hospital staff told me that this family was contacted. They were offered services that every other family is offered when dealing with these traumatic situations. All right. Jackie ward in San Francisco, thank you. New at 6 00 a bustling plaza around a heavily used bart station is about to get a makeover. And for better or worse, it could change the look and feel of Downtown Berkeley. Da lin reports. Reporter they want to make this plaza senator invying and open they want to make this plaza more inviting and open. They want talk out plant boxes, light posts and rotunda. Roughly 40,000 people come through the Downtown Berkeley bart plaza every day. Its