Vianey is in for kari. And hi, mike, too. Hello. Good morning. Yesterday we said farewell to the 90s. Tracking breezy winds and also the possibility of even seeing you know, its going to be a lot some showers in the bay area. Better for those folks who said ill break down the timing and what you can expect heading into im done with the heat. Saturday and sunday coming up. Were bringing on the cooler temperatures. Right now were in the 50s and 60s so were comfortable to start. The temperature differences are and were looking at a smooth flow of traffic around noticeable in livermore. Ten degrees cooler. So let me give you a sneak peek. The bay. However, im checking out the trivalley slowing. Yesterday we still managed to hit the upper 90s for inland areas. Today were only expected to top out in the 70s. Thats a temperature difference of as much as 20 degrees for here are todays top inland areas. And this is setting us up for a business headlines all pointing to a higher open, up about 3
Hour. Plus and i understand how that can be its one i had when i was a moments from the gatherings intimidating for a lot of across the bay area. Young child but one had in a lot people. And i was taught ive been a of black households. Tall guy all my life. Dear george, you dont know i was taught by my family when i more Police Officers coming me, but i know you. One fathers message as we was 12 or 13 that you have to be i know you were a father, you under scrutiny as president listen. Careful about it. You dont want to scare people. Trump faces new backlash over were a son, you were a brother, this weeks Controversial Photo for you, what is the biggest you were a nephew, you were we had so many people joining in loved. Op. The conversation throughout the coming up a live report from fear you have for your son . Bay Area Community last night. Capitol hill on how the gop hes 12 years old. George floyd lawmakers are reacting. What is the biggest fear snuff. It wasnt all about the problem
Some staged walkouts. Welcome to bloomberg surveillance. Im Francine Lacqua in london. A lot to talk about. The markets not focusing on what is going on in the United States too much. The focus seems to be still on reopening some of the economies. The focus is on some of the earnings as well. Stocks are rising in europe. U. S. Equity futures are racing a decline as investors weighing positive signs on stimulus and the Global Economy against social unrest in america. Oil is up. If you look at dollar and treasury, they are pretty much steady. We will have plenty for from the uprising in the United States. We will look ahead also to the election in november. Lets get to the bloomberg first word news. Heres leighann gerrans. Good morning, francine. And the u. K. , Prime Minister Boris Johnson plans to reset his governments agenda with a major speech. The chancellor is also drawing up new plans to bolster the economy amid forecasts of the worst recession in more than 100 years. This key spe
Ready and waiting. Jerome powell says the fed is willing to use all weapons to combat the coronavirus downturn. Philip lane says the ecb is prepared to boost bond buying. Andrew bailey testifies in front of lawmakers today. A lot of centralbank action. Global coronavirus cases near 5 million, as one report throws cold water on modernas vaccine testing. That is what drove stocks lower yesterday and now we see futures down here, up in the u. S. And asia, say mixed picture. J. P. Morgan joins a Goldman Sachs in saying that further quantitative easing is needed to cap bond yields. The u. S. Is so strong a billion dollars of 20 year treasuries today and it looks like a lot more supply is getting mopped up by the central bank. An hour away from the start of cash equity trading in europe. Take a look at the picture here. Arrowslooking at all red in terms of futures, euro stoxx, ftse futures and dax futures are down. If you take a look at the u. S. Futures picture after the downturn yesterday,
Australia expresses to concern over a report china could slip duties on its exports. Lets get you started with a quick check of how markets are trading. U. S. Futures are under pressure, falling. 3 , after the first weekly gain for u. S. Stocks in three. This comes after the abysmal u. S. Economics data, the highest Unemployment Rate since the Great Depression. Next messages when it came to trade mixed messages when it came to trade. They had a constructive phone call with chinese officials on trade, but President Trump casting doubt. We are seeing oil under pressure, down. 8 . Aroundthe moment holding 24 a barrel. This as we saw the back to back weekly gains since february. Lets get to the latest on coronavirus pandemic. Mikeberg is being told pence is selfisolating away 18 he white house after after an aide tested positive for the coronavirus. We have seen several cases where several aides have tested positive. This has rattled by the administration this this has rattled the administ