Checking with equities on the cpi print really playing out in some senses. Its a bit of a core reaction to it by equities, but tech dragging the Hong Kong Market down, in particular. That is the yuan at the bottom of the screen. Trading the onshore yuan. Theres a look at chinese or should i say, Hong Kong Markets and tech as well. Yvonne its not just the yen against the dollar, we are watching most of these majors, especially when it comes to the euro. The end this weakest than stew thousand eight against the common currency. We are eyeing 145 for dollaryen right now. Joining us now is our effects and rates strategist, michael wilson, with more. We are getting close to those intervention levels now. Are we really focusing on this now . Are we likely to see anything . Michael good morning. Just above this 145 level, i would think not. I think we have to Venture North of 146, 146, 148. It would have to be done in quick fashion to get the ministry of finance hot and bothered. The way that
Japans nikkei tops 40 thousand and awaiting testimony from jay powell. Opec plus extends cuts. China unveiling strategies for reviving the economy. We are live in beijing. Diplomatic efforts to pause fighting as conditions deteriorate with planes air dropping aid into the territory. Its a big week for global markets. The National Peoples congress in china and growth targets. You have jay powell in the house and senate and fresh forecasts. The rally continues across asia and 16 stocks out of 18 closing higher. To tens of a percent gains. Looking to losses of a 10th of 1 . Upgrades coming from bank of america. Nasdaq futures are pointing to modest gains. Lets look across assets. European futures, lets look at the currencies. Money moving out of treasuries. 108 on the single currency. Bitcoin in focus having crossed the 64,000 level. Etf flows continued to support opecplus extending cuts, now the most important decision for the cut in june. Brent at 83 a barrel. Mixed demand. What is stan
Budget deficit of 3 of gdp which some say is uninspiring. The csi 300 index reversing earlier losses, now boosted after li qiang talked about plans for urbanization and regional development. Traders say while they are not many bright spots, what is important is that there are no scares. The benchmark is really low. Csi eking out gains so far, no abnormal etf trades, so perhaps the National Team is not in play. Hang seng index currently down 2. 5 , were keeping an eye on the nikkei 22, now below the 40,000 level. Our focus is on china premier li qiang presenting his work report to kickoff the npc with a growth target of 5 for the year. Lets listen. In setting these targets, we considered evolving dynamic at home and abroad, and other relevant factors. And it is not easy for us to realize these targets. We need policy support. And a joint effort from all. Haslinda chinese assets showing stability, csi 300 zero point 4 higher, the hang seng under pressure, the yuan 7. 2096, stable but sup
During snow season. One is, if you see the snow trucks, please keep out of their way so that everything can be done in a timely manner that can benefit everyone. They are also asking, that if you are plowing, please dont push ththsnow into the streetet that snow can turn to ice and can be dangerous. So, please plow into your back yard or driveway if possible. As tiffany said, there are priority streets in sioux city. The most important streets are called priority one, and include streets like floyd boulevard,d,amilton boulevard, outer drive, and gordon d dve. Wntown streets are also considered priority one. Streets. Those streetget plowed first. Then, there are priority two streets. Like glen oaks bouelvard, grandview boulevard, peters avenue and stone avenue. Other residential streets are handled third. You can find a map by of these roads by clickckg on thisistory at ktivdotcom. U can also find the latest road closures on our website. Once you hit the road, Sioux City Police want you
Downtown streets are also considered priority one streets. Those streets get plowed first. Then, there are priority two streets. Like glen oaks bouelvard, grandview boulevard, peters avenue and stone avenue. Other residential streets are handled third. You can get a closer look at this map by clickin on this story y ktivdotcom. To get the very latest on the roads around siouxland, you can find them at ktivdotcom. Under the weather tab you will see road reports. From there you can click on iowa, nebraska, or south dakota for the very latest road conditions. Once you hit the road, sioux ty police want you to keep a few tips in mind. First. Slow down. Those big suvs, with 4 wheel drive,e,r allwheel drive, g ge you grgrt traction to get going, but they dont gove you any benefit when you try to stop. Second. Slow down before you reach a hill. Once your vehicle starts to head down the hill, your momentum may cause you to slip and slide to the bottom. Third. Give yourself plenty of time to ge