Treasury yields rise as u. S. Jobless claims drop. Is creaking aine milelong allegations of cheating. Saudi arabia moves forward with a volatile deal. David david and amidst those headlines, we are just getting a kind reminder was, i dont know if it is early, 50 right now, but it has been a relatively good week, even considering the pullback we had. Gold, 1721. Lets put it this way. A moderately soft start to the session, a third of 1 . , give ores trading take, a 10th of 1 . Jobless claims were below 2 million. We are looking ahead to the jobs report later today, 19 Unemployment Rate is what we are expecting. Have a look at the currency markets with the dollar, the weakness in the dollar up about 12, 18 hours back has really been your top theme as well. Strengthe seeing some coming through a lot of these asian assets. Have a look at where we are on euro. 90. Ling back up about we are up eight days on the euro until right now. The ecb outlook increasing the that roughlyending until abo
More deaths from the coronavirus as cases approach 5. 5 million. The u. S. Bans entry from brazil. Violence returns to hong kong as protesters announced chinas new security law. Washington said it could be the death knell for asias leading financial center. David quite a stark and dramatic drop. We will talk about that more. Risk off, a lot of markets are closed today. We are off a few points for the s p, nasdaq and dow. Whiteutes or so, the house saying trump is restricting entry from brazil. There is a 1 retracement in the bloomberg dollar index, higher as we go through. You can see downside following the 2 less drop we had on friday. Indi and given is holidays the u. S. And singapore, trading for the futures session in asia. We are seeing modest upside going into the start of trading in tokyo, korea and australian richard looking higher after closing out the week down ralia after ofther easing of lockdown restrictions in New South Wales and victoria states. This is the week more aus
To these sprinkles to light showers. Lets broaden it out and see theyre moving from northeast to southwest. Theyre rotating from land over to the ocean. And notice i put the clouds on here. If you go up into the north bay, the usual wet spot, they dont have any clouds. Its quiet up there. 101 and 880. And it looks pretty dry. A lot of it is evaporating before it reaches the ground. 60 to 64 with a mix of sun and clouds at noon. Well keep the chance of stray showers in the north bay going through the afternoon hours. Heres jobina. Thank you, mike. Good morning, everyone. Were talking about san jose right now. We have a look here showing 280. Very Clear Conditions down there this morning. No major issues coming in and the Road Construction has been picked up since it is now 5 00. Good news for your commute. Looking live in san rafael. This is 101. Some people out there interesting to see how this will all impact us as far as people working from home. Will there be more cars . Ill let you
As well. Down 0. 9 . That was expected considering all the liquidity we have seen pumped into chinese mainland markets. The hong kong hang seng well off the lows, very modest losses. Roughly flat on the day. Up near 1 surging, at the moment. As you mentioned, this after losses of 3 in the u. S. Trading session, the worst day in two years. That completely detracted those gains for the index. Lets look at a couple of the risk metrics. Across the fx and commodity riskts, seeing a little, seeing a little bit of tension, a push toward risk. Put it all in perspective. Some major moves in these Asset Classes in the past couple days. The yen having its best day since august. The aussie dollar trading near the lows since 2009. Look at commodities, copper pushing for the upside, representative of Global Growth in the economy. The gains in gold over the past five days starting to temper. 1650 dollars near a troy ounce. Haidi taking a look at a deeper dive, david is in hong kong. What you watching
They are asked if they have any symptoms. If they say no, they give them a hotel key. We just learned from the passenger that no one has been tested from his air force base. There are a number of people testing positive for covid19, increasing. The current number of positive californians totals 157. That number is 24 more than it was just yesterday, roughly 15 . The governor says the state is still monitoring more than 10,000 people who came into the state on commercial flights. Santa clara county has the most, up to 45. 13 in San Francisco and 13 in contra costa county. The other areas have fewer than 10 confirmed case each. The engineer who attended the cyber conference last month tested positive for coronavirus. His wife told Bloomberg News in an email the 25yearold returned home from connecticut on february 28th, seriously ill with respiratory issues in a medically induced coma. A number of official pulled out including at t. It went on anyway. The mayor urged attendees not to be a