By 7 . Will rise the trade balance is expected to be at 53. 75 billion in u. S. Figures. In november, in terms of export, it is showing the overall chinese economy with the recovery story. The dollar index is flat. Sterling is under pressure. Go at 1837 u. S. Dollars. Lets head to new york and get the first word news with Karina Mitchell. Numbers continue to rise with President Trump revealing Rudy Giuliani has tested positive. The news reported you has been hospital. He the Administration Says all of americans who want the vaccine should get one by the middle of next year. Several states have record infections. The u. K. Will roll out shots tuesday, while they going to partial lockdown. Iran will raise Oil Productions under the new administration. Joe biden wants to revive the Nuclear Accord dropped by President Trump. Tehran is ready to raise output within three months. Iraq is nudging production higher, while insisting it is committed to the latest strategy from opec and its allies.
Upside. Looking at commodities. Crude moving to the upside. A big move to the downside with , on the vaccine and signs of Economic Growth in the u. S. Particularly helping people not to look for havens or avoid havens, get out of them. Gold down half of 1 . Bitcoin surging up again, it has above 18,500. Juliette lets get the first word news. The head of the u. S. Government Coronavirus Vaccine program says results of trials by astrazeneca show encouraging signs it may help block the most severe cases. No one given the vaccine developed severe covid, while 16 people on the placebo debt. He called the results excited. Nine, reports 70 process astrazeneca report 70 success. The centers for Disease Control a model shows weekly u. S. Cases and deaths rising every week for at least the next month. Italy is the Second European nation to report 50,000 total fatalities. The u. K. Is extending lockdown next week in favor of even tougher regional curbs. Reports from washington say the Trump Admin
The chance for isolated thunderstorms. Just that unsettled weather for today. For the coast the daytime highs in the mid to upper 50s around the bay. Upper others to low 60s and low to mid60ss inland. I will show you future cast hour by hour through the rest of the day, coming up in just a few minutes. Lets check this with traffic and we have the wet slick roadways. Be extra careful as you hit the road this morning and give yourself a few extra minutes. With very quite a few things going on. First off bay bridge toll plaza. You can see traffic backed up. The metering lights are on and we are seeing delays almost to the maze. That back up really slow and go off the east shore freeway. Starting to see brake lights as well. Plus we have a crash as you get past the toll plaza. Near the metering lights and its over to the right shoulder. We had one lane blocked as you head into San Francisco. Better news on this trouble spot southbound 880. A rolled over vehicle. Its cleared out of lanes. I
The bay area. Now it looks like we are getting some of relief. We are catching a break for some spots as the rain is tapering off and what we expect as we head into late morning and into the afternoon. We are still seeing some activity here and there. Green on the radar as well as snow that continues for the sierra. Look at storm ranger. Our mobile doppler radar. The red scan you see around the bay area, we are seeing rain in parts of the north bay as we get a closer look and moving through northern napa county and northeastern Sonoma County and moving off towards the east as youre still seeing some pockets of some heavy rain in that area. Then as we move elsewhere across the bay area, we are seeing some spotty showers. Marin county, as well as San Francisco, a chance of light rain and then we are going to see rain chances continuing. As we see the clouds, at any time rain and then rain taerper off and the dry weather returns tomorrow through the end of the week. We will see dryer weat
Good wednesday morning welcome to squawk alley. Im john for the with caro quintanilla and Julia Borstin well start with apple, a cost cut for Small Developers josh lipton breaks down the news for us. Here is how the new program is going to work its called the App Store Small Business Program it launches on january 1st and it does represent a big change here. Developers earning up to 1 million during the Previous Year will now be eligible for a commission of 15 on paid apps and inapp purchases, and that is half of apples Standard Commission apple says the new program will impact what it says is the vast majority of developers selling Digital Goods and services on the store. Tim cook saying in a statement the app store has been an engine of Economic Growth like none other, creating millions of new jobs and a pathway to entrepreneurship accessible to anyone with a great idea for investors this change is also important remember, the app store is critical for apple it accounts for an estima