Forecast. We will bring you that interview with the ecb president. And the ax falls again at goldman. The bank prepares to cut jobs for the second time in three months as the focus returned cost cutting. Very good morning, everybody. Welcome to the program. Lots of breaking news to get to. Lets have a look at some of these numbers coming through. Have the numbers coming through from the shipping business which transports 1 5 of the worlds containers so really interesting insight into the way the Global Economy is spinning and the shipping industry in particular. We are getting the numbers through. We already heard from them last night about how they were upgrading their guidance, raising their fullyear guidance so that already sets a positive tone. They said they will initiate a new Share Buyback around 10 billion danish krone. That program will run for 15 months. E will be speaking to the ceo that is the conversation at 7 30 u. K. Time, so in around 25 minutes time. Let me get to some
The s p 500 below its 100 Day Moving Average, suggesting it could follow that the german dax below the 200 Day Moving Average. There is a bright spot. That is the fact we have bonds basically come at this point they are slightly lower. We have a haven bid. The dollar at the highs. The dollar had been appointed percent. 8 since june. Bonds have been higher, the best week since august. This week is shaping up risk off. Aix the public was david couple of questions. What is going on with volume and volatility . Abigail i am so glad youre asking about volume. I was looking at the apap function on the bloomberg terminal and we are above the average volume. Sellers mean business. Upfor volatility, the vix is , the nasdaq 100 fix up above 40 the nasdaq 100 vix headed toward 45, heading for its biggest spike since july. The selling pressure is serious. Because we have signs of weakness in europe along with the s p 500 being below its moving average, the near and medium term buyers are holding o
The 50s with oakland and concord 57 hayward in livermore at 58. Couple of 40s in the north bay like in san anselmo 49 degrees right now a cooler start to the morning than what we had for the day yesterday and into the afternoon today temperatures not too far away from our seasonal averages with 60s at the coast 70s 80s along the bay and then some low 90s for our for the stimulant spots. Robin all right, thank you for the update john lets update your morning commute now were starting off hot spot free were just not free a fog carla fog taking over some of our bridges this morning. Getting a little dense here as it moves along by the bay bridge i cannot see the overcrossing so be careful driving through the fog this morning but so far no crashes no stalls are off to a great start and its under 10 minutes for your drive time into San Francisco which is good even though we dont have hot spots the earlier you can get out there the better because you never know whats going to happen off to 9
President caen . Here. Vice president vietor here. Commissioner moran here. Commissioner maxwell here. Commissioner paulson here. And we have a quorum. President caen good. Will you please read the announcement . During the covid19 Health Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health and mayor breed, have lifted the restrictions on teleconference. This meeting is held Via Teleconference and televised by sfgovtv. For those of you watching the live stream, please be aware there is a brief time lapse between what is being viewed. On behalf of the commission, i would like to extend our thanks to tv and puc i. T. Staff for their assistance during this meeting. If you wish to make two minutes of Public Comment on an item, dial 14156550001, meeting i. D. , 146 087 5808, pound, pound. And star 3 to speak. Im going to ask the commission and staff to mute their microphones to minimize background noise if they have not already done s
Not a case was report and they trusted 67 of the clients and none came back positive. On august 6th ut doctor and saying he wasnt on board with even the states cutting people outdoor policy because he had seen quote no evidence end quote, that salons were spreading this as fast as other businesses were in allowed to remain or reopen and to have them lumped in with bars and restaurants is always seemed just misguided. One salon and perhaps this person will be on the phone but one salon in San Francisco, who also owns a shop in austin, texas that has been open, reports over, this is maybe two weeks ago, a week ago, about 3100 clients in zero reported cases. I know my time suppose. Fair enough. Thank you. Great. Commissioners, i believe that is all. Let me go. Theres another hand but i believe give me one second to try. I believe thats all. Press the button to raise your hand. I do not see any. I will raise two questions. On your last slide its encouraging news we see our reproduction num