Markets here in the asia pacific. In australia where the asx 200 is in the green, fractionally higher as gold futures jump on speculation that the fed will load the stimulus reduction. The Australian Dollar is weakening at 89. 9 u. S. Cents. Adults. S become today there will be no Market Action in japan. Windows have been given reprieve at least lightly. World regulators have agreed to buff the debt restriction on banks to help boost lending to smaller businesses. Joins me now. Aw there are three areas that come into action in 2018. They will be gathering at the gsc in 2008. Ease off of fierce lobbying from the banks. Bank of america, merrill lynch. They have been campaigning. Enough to hit lending and saying were going to have top capital on our debts again. The smalling to business. To ease it off, you can avoid double counting of derivatives. You can dilute the rule off speculations. Aey are going to ease its off little bit more. The banks do feel a little bit more of less pressure.
Good morning. Thank you for joining us on this monday morning. January 14th im pam cook. And im dave clark. Lets check weather, traffic, steve is here. Steve, pam said knock it off with the cold. [ laughter ] she said knock it off. Slowly. We have enough of a breeze. Clear skies and temperatures today will be in the 50s or upper 40s. Here is sal. Steve, good morning. Westbound interstate 80 looks pretty good. Also the morning commute is looking good if you are driving on westbound bay bridge approach. It is 5 00 lets go back to the desk. In the news this morning gunfire at a Birthday Party last night capped off yet another violent weekend in oakland. Just since friday four people were killed. 11 others were wounded. Tom itll is in oakland Tara Moriarty is in oakland and tells us a surge in violence has one city leader calling for a state of emergency. Reporter vice mayor larry reid says the city has lost control and calling for a state of emergency. The move would free up mutual aid fr
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