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Transcripts For KRON KRON 4 News At 8am 20240711

Going to last for long though, and we are in for ample sunshine later on today and a pretty pleasant afternoon with some of our warmest temperatures of your forecast, nothing more about it right now though dublin youre at 39 nap at 38 santa rosa and san anselmo also at 38 degrees currently berkeley and oakland down from yesterdays 50s at this time to the 40s so noticeable cool down from the same time yesterday but a nice warm afternoon to look for too. Robin all right, thank you john are heading back to the east bay were tracking a. They caught spot here on the nimitz freeway all take that back its not the nimitz its at the davis street overcrossing at 8. 18 not on the freeway itself so earlier this morning, there was a fatal accident involving a bicyclist which is still under investigation. So the westbound lanes of davis at the overcrossing to 8. 80 remain closed for this investigation. So youre getting through on the eastbound side, not the westbound side that traffic is stocked up

Transcripts For KRON KRON 4 News At 8am 20240712

52 look at the north bay though weve got some 30s back in fairfield Petaluma Santa Rosa and san anselmo cs another cool start and extra layers, youre stepping outside after these Cool Conditions this morning 70s and 80s later today under all that sunshine talking more about that. Still ahead robin. Thank you john were checking in on a caltrain because we have delays up to 20 minutes are having issues in the south bay, so train one 23 has stopped in morgan hill theyre having some mechanical issues this morning so thats causing a 20 minute delay right now. They are holding that rain pretty much until further notice so as soon as they release it or solve the let you know and pass it on meanwhile plan ahead or consider an alternate source of transportation they want to check in on the bay bridge which is unusually light into San Francisco and has a really backed up much and never reach the 80 the overcrossing or even the maze so easygoing at 13 minutes for 80 west from the bottom of the ma

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240713

Barrier. Softbank is said to be planning deep cuts at the vision fund which could affect 10 global staff, souring bets on tech are takingke their toll. Haidi a mixed start to a politically driven status when it comes to the markets today as we get that precedent being set with that security bill as well as greater considerations over what kind of reopening and second wave issues we are seeing across the rest of the regions. We are seeing new zealand markets starting off the day with tepid gains. The session looks a little bit more muted for the rest of asia. We are seeing japanese futures as well as Australian Futures pointed a little bit higher. Those in hong kong seeing retreats. The npc is being i to be passing the Hong Kong Security eyed to be passing that Hong Kong Security bill. The u. S. Sees 100,000 deaths. We are watching the oil story, seeing whether this pause in the rally will continue given concerns about renewed production out of the likes of russia. Shery to our top stor

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240713

Data, the u. S. Saying that beijing underplayed the number of cases and deaths. And we work may take legal action that softbank wants better terms on theirh rescue plan. Haidi . Inflationary pressures or lack thereof from south korea coming through the cps for the month of march. We are seeing a contraction of 0. 2 , better than the contraction we were expecting of 0. 4 . That is a month on month figure for Consumer Price pressures and south korea for the month of march. In atmber on year coming 1 , so a little better than 0. 8 expected, a little softer from the 1 reading in february. Expectingse have been some demand as well as the impact of lower energy costs, lower oil costs, the plunge in oil prices, down an average of almost 50 year on year so far this month. Debtor february february data carried through, and you would expect that to carry through to april as well. That is the south korean numbers. We have been looking at a lower open going into the trading in seoul and tokyo. Let

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

On. If we dont get more cuts, presume believe that is negative for oil prices. Eurosterling around the 0. 85 level. Got closer to it a little later on. This is a big line of sand for that pair. We are now up by 0. 2 . The hong kong story absolutely front and center. President trump signing a bill expressing u. S. Support for the protesters in hong kong. It is a move that threatens to complicate trade talks with china. There was a lot of reaction around the world. Not a welcomet is news, but the Market Reaction so far has been pretty calm, so to speak. Basically, its just another thing like having the tariffs. Its a thanksgiving present for everyone. This too shall pass. This was more posturing than substance. This is a real headache for them to try to figure out what is going to be a violation of human rights. How are they going to decide that . It is a foregone conclusion that he would sign, so china is prepared or was prepared for this. The new bipartisan consensus from both the u. S

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