Take a look at the 10 year yield. Of most interest is the japanese yen. The dollar falling against the yen. 1. 10 two go from current levels. To believee reason that yen will continue to strengthen. The important piece is the top and bottom. The dollaryen coming off the top of that range, going below its 50 day, 200 day, hitting that 100 day, so buyers trying to support it, but the greater implication may be a move back towards this range. Investors are going towards the yen, it could suggest risk off, something to keep for sure. King dollar was the big narrative in 20192020. It might reverse. What does that mean for emerging markets . Emerging markets should see a bid going into 2020. This is a jp morgan emerging bond index, two straight months of inflows. We continue to see Asset Allocation outside the u. S. Into these markets as they play catch up following those trade tensions we saw last year. Thanks. Commodities joining that rally today. Im looking at cotton futures also up. Thes
Key read on manufacturing in the next hour. Plus, streaming wars, apple launching its tv plus platform today. It is the latest volley in the original content battle between media and tech giants. And pinterest plummeting, losing a third of its value since peaking in august. And the Growth Strategy for starbucks, Kevin Johnson will join us first on cnbc this hour. Lets get to the jobs number, october payrolls well above expectations at 128k despite the gm strike. Unemployment goes down goes up to 3. 6. Wage growth 3 from a year ago jim, hard to find things to quibble about this month im going to come back and say youre going to have a the beginning of cracks in manufacturing. There is still two economies the twothirds of the economy that is consumer is doing very well the other third is not doing well and we can i dont know how long we can go with only twothirds i think pretty long. But when you if if they shut down boeing 737 max, youll see very different numbers i just think these num
Still a hot day inland. A little cooler around the bay. Looking at temperatures warming quickly in the 70s and 80s again by noontime keeping that fog at the coast, that steady onshore flow, mid60s. Looking at 90s. Hot day inland but cooling trend ends tomorrow. Chris. Families preparing for possible immigration raids that now could be hours away. In some San Francisco neighborhoods people are inside hoping to stay safe. The possible raids are supposed to happen in nine cities today. They are supposed to focus on 2,000 people identified by President Trump as a top priority for deportation. Abc 7 News Reporter lu eer luz s more. Hopefully its a false alarm. Deanna lee norris is Holding Onto Hope raids wont happen in her neighborhood. Her husband is undocumented and wont be going to work. We need to get prepared if they do catch him. We have to have our information, not to open the doors, not to fill out papers. Reporter on every corner, its palpable. I work with preschoolers. We notice f
So the fog clears throughout the early to midmorning hours. Were left with plenty of sunshine. Once again, temperatures warming through the 70s and 80s by noontime. Its a hot one inland. Low 90s there. Well look for numbers in the upper 70s to near 80 around the bay. A little sun at the coast. It continues cool with steady onshore flow. That will dominate our forecast for the next several days instigating a cooling trend as we get through the week. Chris. Lisa, thank you. Bay area families are preparing for possible immigration raids that could now just be hours away. In some San Francisco neighborhoods, people are staying inside hoping to stay safe. The possible raids are expected to happen in nine cities nationwide today. They are expected to focus on as many as 2,000 people who have been identified by president Trumps Administration as a top priority for deportation. Abc 7 News Reporter luis pena has more. Hopefully its a false alarm. Deanna is Holding Onto Hope raids wont happen in
This is abc 7 mornings. Good morning. Its sunday, july 14th. Im chris nguyen. As we start a new week across the bay area, lets get a preview of the accuweather forecast. Heres meteorologist lisa argen tracking live doppler 7. Hi, chris. Our fog print to the san mateo coast and mist along the shoreline. Were looking at sunshine and mild temperatures inland. But our forecast is going to shift to this feature in the Pacific Northwest for the week ahead that will bring us a cooling trend. Right now, you can see the fog at pier 39. 62 redwood city. Its 69 in morgan hill. A foggy Golden Gate Bridge right now in the upper 50s for our north in santa rosa. Its 67 in concord and livermore. Here is a look at the low clouds and fog which will peel back to the coast today. Numbers near 60 by noontime there. 70s, upper 70s around the bay and upper 80s. Another quick warmup for a warm to hot day today. But then the changes arrive. The details are coming up. Lisa, thank you. Bay area families preparin