The swiss number is beating expectations and also helping fuel risktaking on the equity side. Thes take a look at how euro was trading up 2 10 of a percent against the dollar. This is almost the haven trade of late, but overall it is still the fx short. Short on the euro and a the yen. Lets have a look at how this was number plate in. Suddenly we saw a swiss franc strengthen the euro, a growth rather than a recession, but it is coming off those lows. Where the reaction is shortlived is in commodities. We are at last on track for a gain in oil for the first time in 10 weeks. Yesterday 10 what a phenomenal move, the biggest rally in six years. Wti traded up in the u. S. , and a quick look ahead i know you love gdp data we have the u. K. Will it stick to its preliminary reading . 7 , basically flat. Jonathan the 50 here in london is putting together another day of gain. Lets get over to asia with Juliette Sally standing by in hong kong. What a week for shanghai stocks, finishing on a high
Bloombergs European Headquarters in london. Manus what a week. Volatility has been the byword. European markets are trading higher, as asia attract the against today gain on u. S. Markets in more than six years. Francine lets get straight to mark bartons for all the barton for all the details. Mark what an amazing week. Chinese shares, the epicenter over the last week. Have a look at the shanghai composite. As i showed you, a five day chart. Because this week has been an extraordinary week. In the last couple days, the shanghai composite has rallied by 10. 5 . Dont forget. Over this five day period, in a number there you can see the shanghai composite is down by 8 . It is down 18 since the yuan devaluation. 38 following the market peak. Resurgence is down to speculation authorities are propping up markets before the president takes the stage at a world war ii victory parade next week. Thats whats pushing the chinese equity market higher for a second day. I want to put it in the context
Far as temperatures all over the place. Not bad this morning. The we are waking up with some clouds but dry across the region. Still in the lower 40s over a lot of location bus stale good shot the of reaching 50 degrees this afternoon with some sunshine. Temperatures running well above average. Live look outside here, 42 degrees at the airport. The southwest breeze at 10 miles an hour. The little wind chill in the mid 30s heading out to the parade still will need gloves, heavy coat but it will feel good especially early this afternoon and wind backs off a bit. Mid 30s in allentown. Thirtyfive mount pocono. Fortyone wilmington. Lower 40s in dover, delaware. Not much different, still a breeze, mixing the air up to the lower 40s, pottstown, doylestown 44 and palmyra, new jersey. Storm scan 3a few clouds rolling through a weak cold front passing by and there is no cold air behind it. All of the moisture is associated with just with some clouds, so were precipitation free. Lets check out th
Least a lot of it which, is escaping into the upper atmosphere. The temperatures are going to be very cool. 52 degrees stepping outside and wooster, 52 in ravena and we could get cool this morning before sunrise. The low 50s at the about us stop. Definitely a sweater is needed. The hourbyhour forecast, the highs rising into the low 80s. And were going to warm up. We have to give it time. Tops of sunshine this afternoon as well. Kristen. It you so much. And we have we have knowa acci cleveland area and this is on 90 westbound and this is right at east 72nd street. And the car is on the scene. The tow should be getting the car cleared out of the way. The right lane should be blocked and be clear of the area. Heading outside, check on 90 and the shoreway, were looking good and quiet there. An update for folks who tech the avenue open corrina . And breaking overnight here at the live deck, a man in the the west size. I am making calls to get you more details on what happened. The overnight
Thanks for joining us today. New this morning an immigration flip flop . Donald trump dramatically shifts his tone on the single most defining issue of his campaign promising to be quote, fair but firm toward the nations estimated 11 million undocumented immigrants. As new questions swirl around his immigration stance, but trump pushed back on any indication he may be flip flopping. I have very good relationships with a o people, a lot of hispanic people, were talking about it, were going to get rid of the bad ones. The bad ones are going to be out of here fast. As far as the rest well go through the process like they are now, perhaps with a lot more energy and were going to do it only through the system of laws. Okay. Were working with a lot of people in the Hispanic Community to try and come up with an answer. So youre not flip flopping . No, we want to come up with a want to come up with something fair. And he didnt budge on plans to build a border wall. Were going to build a wall,