Stability. Betty this is bloomberg daybreak asia. I am betty liu in new york, just after 7 00 p. M. Yvonne it is just after 7 00 a. M. In hong kong. It certainly feels like summer. Not a whole lot going on here ahead of janet yellen. Also, for earnings to start kicking off real thing. The of all this is we did see a bit of a breather here in this bond the plus side of all this is we did see a bit of a breather here. G btv 2092. While we did see the 20 point recently, yourge look at the curve steepening, and that is a good sign, some say. You look at the white line, and the net treasury positions, that continues to fall. When that goes down, market is betting on a flatter curve and longterm bond prices to actually start picking up, so some questions whether you can really call this a route at the moment. Betty that just makes it all the more important to hear more details from the fed about, you know, when they are going to unwind their Balance Sheet because that is going to help lift t
Also a living wage. Those protesters chanted and waved signs earlier this evening. This is a photo posted to social media of what happened next. You can see a line of Police Moving towards the crowd. Several demonstrators were arrested. Some say they were taken away in at least two buses. Dozens ended up downtown here at the jail. We talked with a couple of protesters that were arrested. One of them tells us shes a mother of three trying to survive on minimum wage. The other says we more of these kinds of demonstrations in the future. Its hard trying to survive, like i said i have three jobs just to try and make ends meet, and i still dont be able to with having to pay rent, lights water, and cell phone bills and trying to take care of my children. Its hardworking and living on nothing but minimum wage. Well be in the streets more and more and getting arrested more and more to show people struggles to worker struggles. Reporter william barber, the president of the state chapter of the
From the asiapacific to new zealand we are seeing losses this hour. Lower on that1 disappointing chinese data. Retail sales. Right now youre seeing a decline in about one third of 1 . Also counting down to the openings in australia. Futures are pointing to a slightly lower open. Plus including being in the second cut from the royal bank of australia. Dropping to record lows. After that chinese data over the weekend. Lets get over to japan tracking futures trading at chicago. We are seeing signals pointing to a lower opening on monday. Japanese yen is still range bound. Watching out for Producer Prices for april. We will break that to you when it comes. Is the story disappointing data from china over the weekend that highlights the challenge facing policymakers trying to reform the economy and cut overcapacity. How bad do things look . In march we saw a slew of positive data. Some would say this is a corner has been turned. The reality is that industrial output and production and retail
Case is a teenager known as celeste. She said she had sex with officers including when she was under age. Actions of a few shown a negative light on the hard working men and women who have come to work every day as Police Officers. Five of those being charged are linked to the Oakland Police department. Officer brian bunton, and another for felony oral copulation with a minor, already, Ricardo Perez and dan black, both have resigned. Omalley says there is evidence some officers had sexual encounters with the victim where she has no jurisdiction. San francisco District Attorney says the citys Police Department is handling that investigation. Were waiting to see what the outcome of the investigation is. The president of the oakhand Police Officer Association Says actions of a few are disappointing. Alisa harrington, abc7 news. Just about an hour ago, oakland mayor released a statement saying its clear, quote, the consequences of poor judgment and bad behavior can end careers and shatter
Police officers now face charges all over their involvement with this teenager. Good evening, im eric thomas. Im kristin zee. Dan and ama are off tonight. The District Attorney announced criminal charges against more than a half dozen officers for their involvement in a sex scandal. Five are or wore Oakland Police officers. The range of charges include lewd acts, engaging in prostitution and obstruction of justice. We have Live Team Coverage including an interview with dan noyes with one of the officers charged today. This case is tricky. Several officers are being charged, there is evidence that more crimes are committed against the same victim in contra costa county, San Francisco, and other places and prosecutors have yet to file charges. We left no stone unturned. After scouring thousands of texts and pictures, seven bay area cops had been charged. The woman at the center of the case is a teenager known as celeste. She said she had sex with officers including when she was under age