The u. S. Wrapping up pressure on beijing and it will be interesting what happens tomorrow, when the pboc reopens trade markets reopen trade and that pbo css the daily effects. Take a look at currency. It has been a mixed bag and we are watching the aussie dollar with the bank meeting today. Bank negara could be interesting expecting a 50 basis point cut later today. Are watching dollaryen summit strength low 107 now. Take a look at your commodities markets, brent crude and wti on a rebound today, gaining 6. 5 for wti. On the longest winning streak in 10 days, up for a fifth straight day and u. S. Futures also positive now. We are watching palm oil, back. We will talk about where prices go next. Lets get more analysis on these markets with our Cross Asset Team in singapore. U. S. China tensions again boiling over, keeping a lid on the markets peered what is your take on the applications . The u. S. Will often come out and say things, especially the Trump Administration, and sometimes t
And thanks so much for joining comcast business is prepared for times like these. Us for the third hour of today powered by the nations largest gigspeed network. In the bay. Im laura garcia. And im Marcus Washington along with mike and kari. To help give you the speed, reliability, and security you need. First get you started with the forecast. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Kari, were going to get a weve always believed in the power of working together. Cooldown today. This is part of the reason thats why, when every connection counts. Why. As we look at San Francisco hard you can count on us. To see anything because we are seeing some fog and some drizzle to start out this morning. A stronger ocean breeze, like what were going to see in concord today. A mostly cloudy start, temperatures in the upper 50s and reaching into the 70s today. And this cooldown does continue into the weekend forecast. Well talk more about thi
Congress is negotiate its next round of Coronavirus Relief for the economy and weve seen a stunning move in oil crude was higher by 2 now down 9 as we await the final details out of the opec meeting. Energy sector now word on the s p. Yeah, been a real reversal there. Coming up on todays show, dan niles tweeting a warning about the rally. Hes going to join us with the risk he sees at these levels, plus, well speak with max levchin. Well ask what his micro loan customers are buying amid the shutdown and his read on the state of start ups right now lets focus on the big stories were watching today though. Steve liesman has detailes on te feds big moves and kayla is following the battle for more stimulus on capitol hill but steve, were going to go to you first to talk about the fed. Yeah, morgan, just quick moves the fed has announce nd the last hour. The its reduce uing the purchases of treasuries and mortgages. Treasuries down from 30 to 50 billion a day. Down to 15 from 25 apparently,
Brad wenthrup. Your reaction to this seemingly good news. We are not out of the woods, but it seems like its good news. You want to see the numbers go down. The goal all along was to beat the models. You saw the models happen in other countries where it went right up, very high. We were trying to stay under that and keep our Healthcare System in check and not overrun. This is good news because thats what we have been after all along. Starting to see the trend go down. Liz will be do you think the United States has answered the wakeup call . You saw the warnings about pandemic. Now the president is saying one of the toughest decisions of his life is reopening the country possibly on may. Americans may wake up to a brandnew world of having to wear masks, and maybe tests for coronavirus. New apps on their iphones and phones to track them if they are near somebody who has coronavirus. Do you think congress has answered the wakeup call that has been ringing for years. We are in an able of a
The spread are decreasing. And will result in fewer hospital admissions because of the people doing what they had to do. Great people. And working with elected representatives and the doctors, the nurses and everybody. Just everybody. Everybody has been so amazing. Lou President Trumps aggressive strong handling of the deadly chinese contagion has improved considerably his poll numbers. The fox news poll reaching a record high, up to 49 . The latest fox news reading. 79 say the nation is moving in the right direction in the fight against the pandemic. 101,000 worldwide have been killed. In the United States, almost half a million have been infected. 18,000 more have died. Dr. Deborah birx echoed some of the president s optimism that better times are indeed ahead. What has been encouraging for those of you watching epidemic curving every day. For the first time in the jeuts unite in theUnited States weo level on the rhythmic phase. This gives us great heart in specific places and we are