I would have been a little bit surprised about how. How would you say posh. Its hours and hours of walking across the city in all sort of directions that it feels probably even more prosperous and living in paris being in paris it is kind of odd to see this situation and i think part of it is that theyre so used to currency crises here that its almost like theyre so prepared for it that when it comes its like oh great everythings discounted for us well the argentinians are resourceful people you cant take away their dignity and thats what they have and its based on a fantastic culture a fantastic people the here and one desirous of meeting somebody fantastic people in the cultural depth is extraordinary unlike the u. S. Where the there really is still culture other than hollywood there you have hundreds and hundreds of years thousands years of culture youve got the influence of folks coming from all over the world principally italian and its just fantastic and you know what were seeing
Best performing index in the s p and that is more than get that going to is sending the likes of las vegas sands, caesars, and all of the gaming stocks higher. The volume, as well, is massive in those stocks. The 10 year yield at 1. 88 following the ecb this morning. That is a pretty good incline in. Ields we were at 1. 85 just a couple of days ago. Definitely selling in bonds with more positive outlook for the economy. The dollar index repairing some of its declines. Guy stocks here in europe off their highs, but higher on that trumped week. Bonds selling off, yields higher. The pound is trading lower. We are down by 0. 6 percent. The polls close at 10 a click p. M. London time tonight, 5 00 p. M. New york time at 10 00 p. M. London time tonight, 5 00 p. M. New york time. President trump indicating that we have a very big deal on the way, getting very close to a big deal with china. They want it and so do we. It is that last bit that is important. The s p leading an alltime high a lit
Rollout of disney next week as well. Gap is down 7. 5 after the announcement that the ceo will step down. Change of any business might take longer. Guy here in europe, bit like the United States, moving lower on this trump headlines, and then bounced back up again. We are still negative on the day. The euro down as well. The dollar has been catching a bid today. What has been interesting is the bigger reaction in the bond market. Earlier today, italy was down for five basis points. Down by one basis point sorry, up by one basis point. We have probably seen a bigger reaction in bond markets then in equity markets, which is interesting. Its been a big week. Theres been a big selloff this week for btps. They are up by 21, 22 basis points this week. Lets talk about these markets, try to figure out where we are as we wrap things up. Erik nielsen, Unicredit Group chief economist, joins us out of berlin. How critical is it to the markets, to this trade deal, that we see a rollback of tariffs
50s in oakland and San Francisco and mid 40s for san jose and as we go through the afternoon sunshine seasonal daytime highs and looking at 74 for a high in san jose and 70 for San Francisco in the trick ortreat forecast 4757 and grabbed the jacket for them. Deanna . If you are one of those folks who made their way out of tracy you will see a busy ride. We have an accident and to reported to the west on 580 right around crack line. Definitely slowing you down. The earlier one buzz by the past. Where delays begin, stay, stop and go in the good news is five times 3 minutes to oh 5680. No delays on 80, four or 101. An easy ride out to the east bay in San Francisco. We have an eye on two large destructive wildfires burning in the inland empire both burned homes and causing evacuations as we speak and this is a live look above and north San Bernardino county the hillside fire broke out about two near highway 18 a mandatory evacuations are in place right now for hundreds of homes and this is
First half. Is ticking asck london and brussels plan new talks. They can still block a new deal divorce. Kathleen breaking news on south korea Industrial Production. I was talking about whether or not the bank of korea might cut their key rate and a couple of hours. The pricing jump, up 2. 6 . Up more than forecast at 0. 5 . That is what was expected. In terms of the monthly number, lets move on to the yearoveryear number. Up 0. 6 . A big improvement over 2. 9 . That has been revised a little bit higher, 2. 6. Very good news for south korean Industrial Production, closely linked to manufacturing, closely linked to the trade war. We will get more details on that and get more on that later. Beijing for ato look at the asian markets. There has been a lot of volatility this month but it looks like on the last day, we are seeing cautious optimism. More green across the board. For the nikkei. Positive numbers out of korea so that will help bolster when the markets open, up almost 1 . 5 thise