Covid19 in california. That is an increase of 8,536. A slightly lower number compared to the 14 day average. But 133 people did die in california in the past 24 hours. Which is a much higher number than the 14 day average of 95. Nearly 7900 people have died in california since the start of the coronavirus outbreak. The actual number of covid 19 cases in the United States may be a lot higher than the reports weve been hearing. The cdc says that antibody studies suggest the number of virus cases could be ten times higher than whats being reported in parts of the country. Another report says people have mild virus cases could lose their antibodies after ten weeks. But doctors say the immune system could possibly remember how to make new antibodies if needed. Straight to gavin newsom briefing the state on the covid 19 response. Efforts have been under way for a number of months. Were now here at a warehouse in sacramento. A warehouse weve had as a state asset for years and years. Where man
600,000. Los angeles is facing a new lockdown. Tokyo and hong kong reporting record numbers. Australia is set to deliver a new budget, may be the biggest blowout since world war ii. Lets take a look at how we are setting up when it comes to markets. Ures this is how it is shaping up when it comes to the future contracts. A Third Straight week of gains when it comes to the s p, managing to withstand the lakesession latesession wound. Slow but steady rotation away from growth in tech. Much more going into value. Futures are up by about 0. 1 . Positivity when it comes to the trading in tokyo, just about 0. 2 higher. Chicago nikkei futures are higher, all eyes on whats going on in brussels with now three days of negotiations in the eu to reach this agreement on the stimulus package and hand out details. We are hearing details, including that the netherlands and austria remain the strongest holdouts in the eu recovery talks. A bit of anxiety playing through when it comes to the eurodollar t
600,000. Los angeles is facing a new lockdown while hong kong and tokyo have new record numbers. Australia set to deliver a new budget that may be the biggest since world war ii. Shery lets get you started with a quick check of the market trading. After upside of. 1 , this another risk on week. The s p 500 ending higher on the friday session, seven out of 11 s p 500 sectors were led higher by utilities. We have the dow losing. 25 and the nasdaq was up. 3 . It was interesting it was the first week of 2018 with a nafta nasdaq was down and the others were up for the week. The thirddown week for the dollar, we will get another week of weakness for the dollar that will be the first time this year , a whole month of weakness in the greenback. Take a look at how oil is doing, Holding Steady at that 40 a barrel level. You have some weak ecodata. U. S. Consumer sentiment posting a decline in july that was factored into the oil markets. Now we are seeing it unchanged at the moment. This is a bus
Officials disagreeing and disputing a New York Times report in early february 2017 claiming russian intelligence did have connections to the trump team when behind the scenes, the fbi was saying it had no reliable evidence whatsoever, no proof about whatsoever. Who was leaking not to destroy trump, why was the Mueller Probe launched, why did democrats like adam schiff and the media say for more than two years things like trump is a russian asset where they did not have that evidence whatsoever. U. S. Cities bracing for President Trumps decision next week to potentially send in federal Law Enforcement to stop the rise in shootings and homicides tonight, former nypd lieutenant is there to talk about senator leaders accept everything in their own bad policies. Joining usus washington time charles hurt on democrat chicago mayor slamming press secretary kelli t mcinerney calling her a quran for saint chicago needs to do more to stop homicide that are killing children and former Trump Deputy
On theinue to see a bid bond market. We are where we have been for a while now. Trading in a relatively high range. Earlier we got down to the bottom of that range. We are 60 to 75 in terms of the range we are seeing. What have we got coming up . We are going to carry on this conversation regarding the virus as well and what is happening in texas. We are going to be talking to associationscal covid19 task force had. Looking forward to that. I want to pick up on something you were talking about on how to europe is starting to outperform. Metcalfe, have we learned anything right now . Yields lower in the u. S. Bond markets. Europe by 1 . What does that tell you . Michael you might argue that markets have been blind to some of the data we have had. Equitieshe fact that have held in and done exceptionally well over the last few months in spite of what has been and will be the worst economic downturn we have seen, i think that is impressive. What we are learning is liquidity is sufficient.