The leave process sooner rather than later. Spanish voters head to the polls for this exam in sixmonth and middle eastern stocks extend losses from fridays selloffs. What istle bit about happening with the market, this is where we stand. The big new friday. The pound getting absolutely battered. 13679. Does that carry in to the morning . We will see. There is a big spread at the moment is to wear sterling could go. The 600 was down 7 . Gettingho tells you into a currency like the dollar gets into a different story. On the belief governor marconi will do more. Will that happen . Will Governor Carney still be Governor Carney . Lets see where it is. The banks render rusher. This is the story stateside. Down by 3. 5 just north of the 20,000 level. Safety trade remains u. S. Treasury and gold. As you can see, gold around 4. 5 . There you have it. Now lets go around the world and check in with our Bloomberg Team for indepth coverage. In a edmonds is in westminster with what is next in the u.
Saudi signals accommodation while all traders old their breath. Opec meets today in algiers but can it reach a deal . Key question in oil markets that been pushing round equity market. Green territory. We were flat on the stoxx 600. Up. Ill see how we end bankyes on opec, deutsche clients seeking to build the biggest newspaper saying that it is off the table that they would take help from the German Government. We have been hearing from them saying capital is not an issue. Will the markets by his calm reassurances . Guy lets talk about what the gmm tells us about what is happening around the world. The nikkei down 1. 31 . The s p and us in positive territory. The Consumer Confidence data was reasonably bullish yesterday. We have seen it option below 50. In terms of what else is happening, new zealand is a little soft. A littlegian currency softer. A little bit of a reverse of what we saw yesterday. The dollar is up though decides to drop off the screen. The market opened 27 the market
Recovering. We have seen the correlation between the two that we have talked so much about. All three major averages are higher. As we just heard scarlet and , are we seeing a rally or are we seeing a rebound . Take the dow as just one example. This is a two day chart. Declines yesterday. Gains equaling just about. 02 . There is a preponderance of gain or movement coming from a handful of stocks. If you look at the movement, you have financials, again, counting for a lot of gains, Goldman Sachs, jpmorgan, travelers are the three top games in the dow. I also want to take a look at the average point swings. This is a look at the increased volatility. This is the average daily point swing going back one year. The past year was 209. That seems pretty large. Except, this year it has jumped to 319. We have seen enormous swings on a daily basis. Its fun to talk about that with the dow because we are talking about hundreds of points. To do withof it has banks, but also oil. We saw yesterday th
Thank you. Next speaker, please. Good evening, supervisors get my name is on the chairman of the local association am proud to stand with local poke merchants and boat District Merchant Association to support stronger form of the retail controls on polk street. Sometimes it takes a series of dramatic events to bring the Community Together to ask for change. In our case, the last year and a half weve been about a with bigbox retailers like target and whole foods were trying to swap away one of only half a dozen subsites and district 3 to build muchneeded housing in the greatest housing crisis in modern memory. The lombardi site will build really 62 units of housing evictions are at alltime high in our neighborhood. Alice, people want to move to our neighborhood. Thats a good thing. We have to build housing first. We also want to protect our local businesses could we need to stand firm and say that district 3 the historic district, the polk street is a storage area and needs to be protec
Test, test, test, test, test, test, test. For hearing this meeting to the public every time we meet lets start with the roll commissioner frost commissioner lee commissioner joseph commissioner president tan we have quorum concept indicated he is on his way but going to be wait and commissioner caminong will not be here this evening. All right. We have not yielded a full house but we have a fairly short agenda first is general Public Comment for Public Comment on any business as that pertains to the Entertainment Commission you dont see agendized any. I dont see any Public Comment is closed. Move on to item 2 approval of the Meeting Minutes for february 22, 2016, ill move what time no multiple sclerosis are working yet. Mikes are working. I move to approve i move to approve ill second there is a motion and a second and any discussion any Public Comment . All right. Lets take roll a point find order im not looking at the minutes the people that are present we have enough folks to vote o