The u. K. Does a uturn and bans huawei the u. K. Does a uturn and bans huawei from its 5g network. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of june coming in at 4. 3 . Now, this is lower than the estimate of 4. 5 . The Unemployment Rate falling from the previous month. We have seen a little bit of strength in the south korean economy with more positivity coming from that ramp up in government job creation efforts. Still, we have those negative effects from the pandemic with the hardhit hospitality and Retail Sectors continuing to reel. South korea losing jobs. Those removed in june from a year earlier. Still, the Unemployment Rate falling to 4. 3 . Lets get a quick check on how markets are trading at the moment. U. S. Futures rallying. We have after the market closed more positive news when it comes to the vaccine front from motor and a. In the regular session, we saw u. S. Stocks posting their biggest gains in more than a week. 7 . Thi
We will be asking if the company can find a way back. Sophie and economists say we may be entering a period of peak dovishness. Posse shares opening flat after following the most on wednesday. We are keeping an eye on a weak Earnings Report as well as Oil Companies with brent extending declines and opec not pushing for deeper supply cuts. The chairman spoke of caution in the short term with capex below 8 million u. S. Dollars for 2020 and 2021. Checking on the aussie dollar, treading water near a oneweek low while aussie bonds are gaining ground on a possible delay to a u. S. China trade pact being signed. Futures pointing lower after japanese shares ended wednesday flat amid signs of overheating. Breaking news crossing the bloomberg on google, google said to be mulling changes to political ad policy, this coming on the back of twitter saying it is voluntarily suspending political adverts on its platform. Facebook on the other hand really more embracing it. Google now said to be mullin
Are trickling out. For cvs, it was a beat and a raise. For barrett gold, they came in with a beat of . 15 and are increasing their dividend, we inl be speaking to the ceo about 10 minutes time on that. Time now for Global Exchange where will bring you the market moving news from all around the world. From johannesburg to paris and berlin and washington. Our bloomberg voices are on the ground with the top stories. We start of an johannesburg where bloomberg sat down with the South African president on the sidelines of the south African Investment conference. They discussed the state of their economy and the impact of u. S. China trade tensions. The trade wars that are taking place are not good for growth, they are not good for our economy, so we want the trade wars to come to an end. Cranny. Ng us is manus great interview. What were some of your big takeaways . Manus this is a president to i would say after 70 minutes of talking to them is a man who is not going to give everything but t
Im marcus washington. And im laura garcia. Lets get a look at that forecast. It will be slightly cooler in the inland areas, so it will continue to cool off as we head through the week. A beautiful look at the sunrise over san jose. Evergreen, well be about 79 at lunchtime. And well get a look at the cooler forecast coming up. And freeways are getting wider . Thats what i like, when they are opening lanes. So instead of a two lane freeway, we have five lanes approaching the Richmond Center bridge. The bay bridge with the cash lanes are starting to stack up a tad bit. No other problems around the bay. Back to you. A drive by shooting sent someone to the hospital. And this is got far from San Jose City college. T thom, what can you tell us about what happened . Reporter and i can tell you that this neighborhood was lit up with gunfire overnight. You can see remnants of what went down on this car with the bullet hole through the windshield and glass dust still spread across the dashboard
There. But the cooling trend is under way. So well talk more about that in a few minutes. And mike, you can tell it is summer. And look at that, the beautiful bright sunshine, sunrises early, sets a little later. And we have a little bit lighter traffic. That happens after the big first burst about 5 30 in the morning. So now we have fastrak lanes which have built up, the lanes off to the east a little easier if you bring cash. A little build for the upper east shore and also highway 4 in toward concord out of pittsburg and bay point. The slowing that we typically see. I am concerned about the car fire on 680 through fremont. Well get you an update coming up. This morning an apparent driveby shooting sending one man to the hospital and two others detained by police. Thom jensen is live just off 280 at the corner of scott and richmond. I understand you have new information . Reporter yeah, were right at the corner of scott street and actually on the 400 block of richmond avenue. And you