Into our freedom the Chinese Party getting into strength and Services Also pushes the french print past expectations retail rebound uk sales urge past expectations in june as the lockdown lifts while the uk starts to enforce new rules on face coverings. European stocks struggle after chip maker issue earnings dpi guidance and delay the launch of a key next generation product a very warm welcome to street signs. A big day in terms of data we have the flash pmi coming through. Weve heard from germany and france better than expected now we have the eurozones overall for the region the flash composite up from 54. 8 we cross into growth territory we look at the breakdown and the flash manufacturing pmi that has come in at 51. 1 versus 47 in june on the services side, the pmi has surged to 55. 1 up from 48. 3 in june. So a big, big step higher in terms of the overall numbers for the eurozone that is reflecting strength in germany and france lets get out to williamson. The organization that p
U. S. . Moving on to some currencies, dollar weakness is still a trend at play. We are seeing that play out for the offshore cnh strengthening at around seven. In terms of the yen, 106 is the crucial level for that. Higher option volatility. In terms of hong kong, we are focused on the newtek tech index as part of the conversation. Aussie dollar currently up. 3 . Dollar weakness very much part of the play there. Lets look at what is happening with gold. It has been on a tear, and we are getting close if not touching now record highs. Gold futures above those record 1944, close to 1 gfain gain in terms of futures. I believe the record was around 1923. Looks like we are about 1 or so away from that record price. Its 1923 or 1921. Anyway, we are edging close to that record price. Weakness. Lar silver gaining close to 2 . The 10 year in the u. S. Yield is a little below 0. 6 . Rish. Rishaad were going to bring in banny lam. Welcome to the program. We just outlined, at least tom did, outlin
Lightning and fire danger. That is why there is a fire warning. You can see that they collapsed. It is still hanging around. We have a big fog bank. The wind is cranked up for many. Temperatures are taking a plunge. We have a little warmup. We have 50s and 60s on the temps. Oakland and livermore is pretty close. 36 Miles Per Hour means extra hold on the hairspray. There is a rock n roll delta wind. With that in mind, we are looking at a day where temperatures are going to be below average to near average. That is not something we have said. Over to cell now, hopefully things are quiet at 4 30 on a tuesday. Is that the case . Things are still quiet. That is the way we like it. Lets talk about the bay bridge approach. You can see traffic is looking very good. We have not had a lot going on. We are also looking at interstate 880 in oakland. That traffic is moving along very nicely. Northbound 280 in san jose, in fact, in general, it is looking good in san jose. Lets go back to the headlin
Even about it. I have seen that today just a little while ago and i said what is this all abo it is just a continuation of the witchhunt. It didnt work out for congress, didnt work out for mueller. It did not work out for anybody so they are sending them out around of the country. It is a typical terrible thing they are doing. The witchhunt has gone on long enough. You mentioned Vaccine Developments. Can you ensure the American People that Politics Around the election will not interfere play a role in determining the vaccine will be distributed . Pres. Trump it wont have anything to do. We want to make people better. We want to send them to the areas that most need it. I think we will have something very soon. You said today in a tweet that dr. Birx from Speaker Pelosi for what did you mean by that . Describing the case of the pandemic right now. Pres. Trump i think we are doing very well. As well ashave done any nation if you really look, if you take a look its what going on especiall
Fed president Robert Kaplan this hour. President trump orders chinese to shutdeo app tiktok down in the u. S. Next month unless there is a deal with microsoft or another leading american company. Breaking news out of south korea. The cpi numbers for the month of july year on year, a growth of 0. 3 . This is of course after inflation remains flat for the previous month year on year. We have seen somewhat muted demand. Perhaps weighing on the month on month numbers. We are seeing inflation at zero growth. This really missing expectations that prices would rise 0. 1 if also inflation is decelerating from the previous month of june. Core cpi take out oil prices, and you get a rise of 0. 7 , in line with estimates, and slight acceleration from the previous month. We have seen brent crude prices recover somewhat from aprils slump but still down 38 year on year also. The are also expecting tokyo Inflation Numbers within the hour so take a look at what japanese futures are doing at the moment.