The lowest weve seen in 16 years. Brent crude below 45 a barrel. It is making headlines. Is it a rout or crisis . Remarkable hashtags. Mortgage meltdown and a great fall of china. Of us know what you think the stories. We will start with a look at commodities area shares, commodities, and the bloomberg commodities index the lowest since 1999. Lets head over to sydney. Paul allen with what is going on. What is bad for commodities is bad for australia, isnt it . Paul pretty much. It is a commodity currency. We are seeing data being hammered. Miners, rio tinto back in positive territory. The hp bhp is down a little. A fewe are seeing are savvy investors looking at this as a buying opportunity. The picture for commodities is a great one. A glut and growing glut. The bloomberg commodities index at a 22 year low. This is all thanks to china, the Worlds Largest consumer of grains and metals. No surprise, a slide. Copper, for example, supply exceeds demand by 151,000 tons. A glut in oil with i
Attracts more than one hundred Million People vultures watch it on tv and people going come to the venue and what better place to stage this thing in San Francisco bay area the world will find what we know this is trowel the greatest plays in the world to live and play and live the nfl will be showcasing this thing to this the 50th anniversary of the super bowl and so it will be a monumental event to say the least did you know though they tell me super bowl week has 8 days this is the week prey Second Street super bowl sunday and the latter one in San Francisco, in fact, right adjacent to where we are youll see the detailed the city of San Francisco will be able to show case all it has to offer to millions of visitors but coming here to televisions, in fact, the bay area will show case was it has to offer thats why people are here the super bowl 50 the hosting committee will continue to groundhog increase still a few months, in fact, i look at it and the days 2 hundred and 91 days and
Clapping. thank you very much thanks for being here unusually im on that does but ill be on this side today, today we get to see some of the rendering the idea of what this event is going to look like and it is very exciting i saw some of this stuff yesterday it is the event imyouve ever covered a super bowl or a gone to a super bowl or rod i didnt played in the super bowl clapping you but you know what a mom neglect thank or thing this is every year the super bowl is one of the most watched event it attracts more than one hundred Million People vultures watch it on tv and people going come to the venue and what better place to stage this thing in San Francisco bay area the world will find what we know this is trowel the greatest plays in the world to live and play and live the nfl will be showcasing this thing to this the 50th anniversary of the super bowl and so it will be a monumental event to say the least did you know though they tell me super bowl week has 8 days this is the week