Overview on what we are expecting. The main asset class that are moving. He stoxx 600 gaining 1 . Were seeing Bond Investments from saudi arabia. Stocks rallying and commodities rallying. This has to do with speculation that that the fed will remain acome tavet. Let me bring over to my bloomberg terminal. This is the picture for the terminal. Let me get rid of my messages. This is the picture for the c. P. I. Harmonize. Data comes out in half an hour. This is what mccartney will look at to see what he can or cant do in terms of cutting Interest Rates. It has an impact on our prices and the blue sideline prices. Input prices significantly rising more than inflation so far. Lets get straight to the first word news. Barclays says investors should buy european equities regardless whether the Federal Reserve raises borrowing costs in the next three months. Given the support from Central Banks from around the globe, the overall picture is very supportive of stock markets. Australias Central
Reporter she was one of a handful of women who came to the California Coastal commission hoping to put pressure on mavericks organizers to bring true gender equity to the event. Theres definitely sexism out there. Theres no doubt about it. Reporter the committee for equity and womens surfing says mavericks plan for a womens heat doesnt go far enough and says the prize money a total purse of 120,000 for the men and 30,000 for the women is obviously unequal. The group wants the commission to deny mavericks fouryear use permit application and cut it down to one year to leverage a full Womens Division in 2017 and beyond. I would like to see these women compete in semifinals and a final. I dont know why it doesnt go far enough that we had a very hard time finding six women to make up one heat. Reporter mavericks founder jeff clark said more women need to surf mavericks on a regular basis to qualify for the contest and mavericks worked hard to put women on an equal footing. 6 women, 30,000,
Theres a twocar crash off to the shoulder. Up northbound 880 theres some roadwork. Heavy delays, cars in the area at just 5 Miles Per Hour. It should be clearing up around 6 a. M. So well keep you posted on that clearing up. Now down 880 to the san mateo bridge, to 101 will just take a quick 15 minutes. Ill send it to you. All right, roqui. Thank you. Developing this morning, investigators will be out at Sonoma State University later this morning after human remains were found in a shallow grave off campus grounds. Authorities are asking students and others to stay way from the area. Susie steimle has the story. Reporter were here in lot m near the Green Music Center on campus. This is not far from where police are telling us this body was discovered just after 12 00 p. M. On wednesday. It was in this heavily wooded area, which is now blocked off by crime scene tape. Were told it was a landscaper who discovered the body and based on its condition at this point, it does seem to have bee
Immelt. Adapting to a new media and Political Landscape following Donald Trumps surprise victory one week ago. And efforts to control hate speech onity platform, google banning new fake sites reportedly from using its proprietary Advertising Software and facebook continues to push back saying fake news on the network helped skew the election in trumps favor. Nick, question this morning in my favor . At large is facing some kind of identity crisis. Its interesting. I wrote a column for vanity fair in april that said Silicon Valley created donald trump. The backlash i got from that was insane. People saying it was nonsense, there was no base to it, i was making stuff up. Now theyre all realizing that they did. You know, there were no rules, no regulations, no anything on these platforms. And trump used that to his advantage. And, you know, it was propaganda. It was lies. It was fake news. It was everything. And these platforms did nothing to stop it. Now, finally, theyre looking at thems
Of japan was fully consulted on this and as a result check out currencies. The yen jumping to a threeweek high on that news. Lets take a look at europe. This point the european markets are in the red. Germany down. The cac in france is down 1. 25 . The ftse in london off by half a percent. Take a look at crude oil this morning. This was a huge story yesterday. Wti dipped below 40 a barrel. Ended up closing at 40. 06. This morning up about 26 cents to 41. 31. This is a key number here. This has been the point where the s p has kind of linked back up with crude oil as crude oil comes down so have stocks at least at these levels. Well continue to keep a close eye on this today. All right. Now to the day ahead on the street. Sit another busy one. You will see the june personal income and spending numbers. Both are expected to rise. Roughly in line with mays number. Also out today julys auto sales. Dallas fed president rob kaplan speaking at a conference in beijing china in the next hour. I