Effect. Is still flat,n and we are watching the korean won, seeing some slight weakness this money. Indonesia is coming on the line at the moment. Chinese stock continues to extend these gains, after the reopening of the holidays. Pointing positive as well. We are spending some Inflation Numbers coming out of india. Where watching the commodities of course. That slide in for the second day. Supply constraints are starting to ease right now. Bolivia and its biggest both owed could be at capacity. And a bit ever treat in iron ore. A bit of a retreat in iron ore. Tom there seems to be potential for the currency to resume gains. Lets discuss now with fred neumann, cohead of Economic Research at hsbc. Let us bring you an update on the nba. The l. A. Acres definitely l. A. Lakers have beat the miami heat. The l. A. Lakers have now won the chairmanship 17 times. This puts them toasted so the caltex. Season one longest record. The nba was effectively frozen out by the controversial tweet back
Moment suffering from poor auto news from the u. S. Lets look at the topix auto and equipment index, which is leaving things down 1 at the moment. We are looking at financials as well. This is where the main drag is coming from the aussie market. The government issued this broadside to banks. They cut Interest Rates, but they dont pass those cuts down to the customer, if you will. Warning shots across the bow. 10 year yields, looking closely at what is going on in the manufacturing position not much going on, bund yields klein byet yields but yields climb below. They are perhaps ratcheting the expectation forward. New york crude up 1 . Barrel. , . 18 per we have this hurricane in the north atlantic. Affectingthe moment, shipping lanes. That is why we have the price of crude being affected by that. It looks like it should slide into ireland and the u. K. As well. The weather factor is playing a role in this, too. Lets have a look at what is going on first word newswise as we go to new y
Haidi that u. S. Gdp print, it was offset by the weekly jobless claims surge that maybe means there are some cracks in the liberal market. It sent yields heading lower. You see that in austria and korea as well. Then we had the surprise. Emfthe set is for global stocks to end the week with losses. Thailand is coming online. Hong kong seeing gains of 1 . David seems like equity markets are capped at specific levels, specifically with yields at these levels, its not difficult to understand why the runway doesnt seem to be as clear. That being said, lets talk extremely shortterm. You are close lower. U. S. Closed higher. Foreclosing got supportive earnings and the green on the screen. When you look at euro, it looks like there will be continuing and extending those gains. Stoxx 50 futures are up 0. 3 , coming of the ecb. Just keep that in mind. 1. 0565 is the currency. Thailand is coming on. Indian futures at this hour. The off cycle hike out of the philippines, and the indonesians are ch
We begin with an issue thats been a real drain on our states resources, water or lack thereof. You see, california farmers had had to cut back, and the impact is huge. More than half of the countrys fruits vegetables, and nuts are grown right here. With fierce competition over a finite resource fingers are being pointed. Enter the one crop thats taken the brunt of the blame the california almond. Sam for california farmers, you can say that life has been well, kind of nuts these days. Plants in fields are thirsty without much water to go around. So it makes sense for critics to start searching for a scapegoat. But is americas numberone snack nut shown here in video provided by the almond board of california really as bad as its cracked up to be . Lets look at a recent report from the bay areabased Pacific Institute that draws on years of numbers from the department of water resources. It shows almonds and pistachios are actually tied for fourth in water intensity, the best gauge of wat
Finally donald trump theyre bringing drugs theyre bringing crime. Sam a tragic shooting in San Francisco and the arrest of an undocumented immigrant. A unique event, or really a link between immigration and crime . We uncover the truth in this edition of reality check. Sam and good evening, and welcome to reality check. Im sam brock. For the next 30 minutes, well take a closer look at topics making headlines, and claims coming from highprofile leaders, to separate the truth from the bunk. We begin with an issue thats been a real drain on our states resources, water or lack thereof. You see, california farmers had had to cut back, and the impact is huge. More than half of the countrys fruits vegetables, and nuts are grown right here. With fierce competition over a finite resource fingers are being pointed. Enter the one crop thats taken the brunt of the blame the california almond. Sam for california farmers, you can say that life has been well, kind of nuts these days. Plants in fields