Afternoon. Just some high clouds out there. Daytime highs a little above average this time ofab5 above a for this time of year. We will talk about a cool down as we go through the week. Details on that coming up. Lets check in with gianna for the latest on the south bay Traffic Alert. We have a Traffic Alert as you work your weight northbound on 101 past boston hill right around hilliard avenue. The vehicle flipped over several times. Two lanes are completely shut down, those two left lanes but troopers are now unseen so hopefully they will wrap things up pretty quickly. We see a few brake lights on the northbound side of 101. If you want to dip out and use 85 instead you are free flowing, wideopen freeways with no delays there. Take a look at traffic elsewhere, we do have reports of a trouble spot is found 580 right at palo verde road. Not too far from the foothill t next report. I am ann markovic at the live week alone. That brings the total to more than 30 million americans since th
Somewhat of a break and this system, not the strongest one weve been dealing with over the past week or so. A few spots topping a quarter of an inch of rainfall. Were not talking about several inches of rain. San jose,. 29. San francisco,. 21. This is a rain producer for central and Southern California. As we come in closer to the bay area, heres the radar coverage. Rain showers coming onboard. Right now heres the current coverage. Its kind of shifted up to the northern half of the bay area especially in upper portions of Sonoma County. Petaluma, santa rosa. Those link up to heavier rainfall rates. If we click on this closer to glen ellen, showing you about a quarter of an inch an hour as we continue to move the maps closer to marin county. The richmondsan rafael bridge completely covered. Extending out to the east bay for concord and antioch. Looks like more scattered coverage but still moderate downpours in portions of the south bay as we come in closer to san jose, closer to sunnyva
The world trade coming to an end. We have seen bond yields climb up. Have seen the u. S. 10 year moving out of the haven currencies and haven bonds. The yen seeing more weakness if you can call it suffering. That, bund futures seeing those yields go up as we see prices get sold off. Lets have a look at the first word news. Lets get to new york. We start with the reserve bank of australia. It is maintaining its glass thefull view, reiterating economy is emerging from a soft patch while also forecasting no acceleration in wage growth and inflation barely reach the bottom of its target. Growth oferly updated 2 , rising to 2. 75 by the end of 2020 and 3 in the year after. Embrace of virtual banks is going beyond its own shores. It says it wants to become a regional hub with advanced data expertise. Doing soauthority says will improve banking authorities at home. Managing director robbie menon says Southeast Asia presents a huge opportunity for virtual banks. We see some of these players be
Yousef bloomberg sources said this week that saudi aramco earned 68 billion in the first nine months of the year, cementing its position as the worlds most profitable company. That came as a saudi news channel said the aisle the with sharesipo, trading on the local stock is strange. Local Stock Exchange. This is something which has been on the minds of policymakers and Investment Bankers and investors around the world for around three years now. About this delayed once 12, 18 months ago, while aramco was doing the acquisition of a petrochemicals maker in saudi arabia. Two weeks ago, we were expecting aramco was going to announce its intention to kick off this process. That got delayed as the government prepared these numbers you just mentioned, the 68 billion in profit. Now finally, we are expected to see the government and the Company Announced their shale will begin onsale sunday. We are in a tree at we are in riydah where they have some of the worlds biggest investors. There are mee
Cost be index with the south reaching its july highs against the u. S. Dollar. Lets have a look at where we are in chinese markets. We will talk about blockchain a little later. Hang seng index flirting with 27,000. Dollar china, sterling on the u. S. Treasuries. He had the doj coming in shortly after. The fed widely expected to cut rates. Trick or treat is how bank of America Merrill lynch is calling that. Among other things topping our minds as we get underway this friday. Su keenan is waiting for us in new york with an update of your first word news. Su President Trump is calling on the world to continue fighting Islamic State. This, after announcing its leader is dead following a u. S. Military raid in northwest syria. Becomes thebaghdadi highest ranking terrorist leader killed or captured since obama trump said the u. S. Is now targeting his likely successor. He is a sick and depraved man. And now he is gone. Was vicious and violent, and he died in a vicious and violent way, as a