Fewer outages. Well begin with luz pena with a look at who could be affected this week, this time. Luz . Thats right, dan a ke to several Business Owners here in Sonoma County who said that the last power shutoff affected them drastically. They lost thousands of dollars in business. Now this business right here, the jade room did not make it to this psps that were approaching. We spoke to a supervisor here in Sonoma County who said at least six restaurants on this strip did not survive the last psps and had to close. So this time were planning accordingly, and were really not going to order. So as you see, normally today is a day where we bring in a lot of our product to start prepping for next week. And this week we have very, very little in there. Having less food in the fridge means losing less money during the last power shutoff daniel and his wife lost 50,000. They were close ordd for five d and now the thought of another power shauft has them on edge. How would it affect your bus
Controversy, but mark said we believe in Free Expression. We believe in political speech, and ads can be an important part of that. Manus the saudi Energy Manager says mohammad bin salman will determine the timing of aramcos ipo, saying it will be soon at the right time. Yousef it is 9 00 a. M. In the emirates. This is bloomberg daybreak asia least. Im yousef gamal eldin. Manus im manus cranny. The bond market, hoping there will be another rate cut in 2020. December might be a debate. Found by seven basis points yesterday, back at 7. 18 . U. S. Treasuries are a must buy. There is risk to the upside. 2 by the end of the year, it is said. Equity futures taking a little higher in the last hour or so on additional traction on the trade front but now the s p 500 is trading 20 times earnings. Some fanfare around Apple Earnings but caution this rally have beenar and they cutting back on their estimates in terms of what to expect in the coming quarters and you could be seen your end around 300
Paid hundreds of outside contractors to transcribe clips of audio from users of the services. More on that get exclusive story through the day. I want to check in on asset prices that show you what kind of risk on rally we had after donald trump said he would only put tariffs on part of the 300 billion worth of goods from china that he had previously flagged to start in september. We see asian stocks rising after the massive rally in european and u. S. Stocks, gains of 1 and more than 1 across the board in the u. S. You also see another contributor to the risk on sentiment. For the fifth day in a row, china has set the yuan peg stronger than expected. Five days in a row the pboc says it is stronger than the market signaled the. Signaled. Ket , no more safen haven bid, the dollar gaining strength against the japanese currency. For the yen. Nejra perhaps some part of the market saying we got ahead of ourselves yesterday. The s p 500 jumped 2 at one point. Apple leading the gains. Only so
Income fell less than expected. Shery lets get you started with the quick check of the market close. A risk on that with the s p 500 rallying 1. 5 percent. Every sector was in the green. Investors had a lot to digest, from positive trade headlines in hong kong and argentina, not to mention a strong economic number. Wen it comes to the s p 500, saw the makers and sellers of toys and clothing and electronics really surge after President Trump delayed that extra 10 tariff on additional chinese goods. The nasdaq also gaining almost 2 and the dow rallying more than 370 points. The trade headlines came a little bit after we got those ,urprisingly strong cpi numbers to avert the argument that we could continue to see the fed cutting rates. Futures at the moment unchanged, but lets see how they react as the trading continues in asia. Sophie we are set to echo some of that tariff delayed relief futures in asia, a busy day for earnings and data. Unaudited cash profit coming in additionsnk said w
Are bones by then 2000 and social norms and inform them about that piece of rights my name is devoted to her and i wore them. Protectionism is hurting the global trade order a warning from chinas leader as he gears up to meet his american counterpart that the most eagerly anticipated event of the g. 20. A mobile money agents brings banking to some of africas most Remote Island communities but would you trust her with your pos what. And it could be the Business Leaders a lot just feel about a controversial german investor buys a big chunk of football club. Then fizzling lets do business u. S. President donald trump has thrown the world of trade into disarray hes got the attention of every leader of the g 20 Major Economies as they meet in. A ken trump get his rival to play fair on the Global Business front on saturday he meets chinese president xi jinping but the question is if they can reach a breakthrough the trade war is increasingly getting global growth. Getting the hellos out of t