From florida to the carolinas. The eye is just the western edge. Florida power and light cannot get out to help when the winds are over 50 Miles Per Hour. It might be different in other parts of the United States but i think its about 50 when the Emergency Responders say they cannot go out. They cannot do anything. A lot of the transformers have been blowing. The western edge of the eye is clipping cape canaverel. Usually a hurricane hits one air. When it hugs the coast is hits a tremendous amount of people. Daytona beach is getting hammered. The right front quad of the hurricane is the most dangerous, thats stayed out to sea. But as it moves north, now the focus is the wind and the storm surge, it gets shallower up to jacksonville and the georgia coast. So the storm surge, you are are talking almost a foot coming up. It has a lot of energy and it continues to build. Its deep on parts of florida but thats not the case north ward. The wind will decrease to the south, it becomes a kag tw
90 the 20 typically get some rain and until then a lot of shall. Some rain, north coast but we are going to get a lot of cloud coverage streaming across the partly sunny and cloudy and too much in the way of High Pressure us lights northerly breeze that really has not let up that much predicted on the weekend but there is two e. As long as thats and play temperatures on the coastal be pretty nice. 50s are held up by the cloud coverage. Everything is toppling but its going up and over. Unless youre up there in eureka or Crescent City i think you are good to go amid the northern coast. 60s and 70s in san jose starting to get into the mid70s. 4 01 am and there he is mr. Sal good morning. We are off to a decent start when it comes to the morning commute telescope to the traffic there on 580 westbound. Using the maps are going to show us traffic is doing very well on 580 westbound as you drive over the altamont pass. Note road sensors firing up right at the moment it looks good all the way
Signs of Financial Stress and china are driving up deposit rates for its risk. Ds global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Crucial opec talks eating underway in the talks eating underway in the anna and we have a mixed picture. Shanghai seems stronger and the yuan a bit stronger say. This is bloomberg. Emily you are watching bloomberg technology. Ireland has its youngest billionaire. Focus on energy week continues. Runill ask the ceo of sun it donald trump with the Clean Energy Industry in danger. Donald trump has chosen elaine chao to run the department of transportation. It will give her oversight of an industry that has seen record ety recalls and efforts to self driving cars. We are at the early stages of a revolution in education technology. Automobiles and realtime. We want to make them safer overtime. Emily what does the 20 twice of a lane what does the choice of elaine chao mean. Kevin, lets st
Production. Global bond meltdown. The bull market in bonds is ending with a bank. As global bonds suffered their worst slump last month. Investors look to dump their debt after donald trump won the election. Bracing for swings. It euro volatility is the highest since brexit. The European Central policy decision coming up next week. You have burned up 13 in just two days. Brent up 13 in just two days. The big surprise come iraq cutting 210,000 barrels of a day. As the focus in vienna moves from the deal into specifics. Marty schenker joins us now in london. What is the biggest question as traders wake up this morning . Firstly, you mentioned iraq. Iraq had been the biggest stumbling block. They have a quota again and they agreed to cut production. Many will be interesting to see if they are willing and able to do that. Secondly, russia. Russia pledging an actual cut of 300,000 barrels a day. One of the reasons we saw oil rally so strongly. Will russia really deliver . This never done an
Abigail doolittle with us with the latest moves. Abigail mixed trading for the major averages. Down slightly. S p 500 and nasdaq up slightly. On the week, the dow is flat to up slightly on the week here the s p 500 is down. 1 . Is down 1 . The nasdaq down within 1 . It will be interesting to see if that can be reversed on todays trading action. The index is now, probably not. The currency markets we have a little bit of weakness in the bloomberg dollar index, down. 2 . That is after the jobs report that was mixed. We do have the pound trading higher, and the dollaryen strength,ng yen pressuring the dollar. A little bit of a safe haven play among the currency market. We look at the commodity complex. You have a little bit of a mixed picture of oil trading higher, recovering from the lows. 5 . Getting a nice bid up copper futures off of their lows,. Com or is down on the week. All of the Industrial Metals are down this week. The first down week since the election. Looking at the bond mar