Is tracking it all. We have the Flash Flood Watch in effect at 4 00 and it extends until midnight. The flood watch area extends up to the Baltimore Beltway as well. We already have showers and embedded heavier rain on doppler. Ive seen a few lightning strikes in this band thats moving into Frederick County and its going to enter myersville in the next 30 minutes. Another band of showers across the i95 corridor through beltsville and greenville. We have that heavy rain falling buoy on route 50 and towards annapolis. Speaking of the tropics, our hurricane has now formed. The first hurricane of the atlantic season. Its hurricane danny. Weve been calling it Tropical Storm danny and now its hit the hurricane mark. Anyone vacationing in the caribbean is going to want to take a close eye on danny. Ill track the thunderstorms and talk about a refreshing change hid. We are following breaking news out of the quantity ceo, virginia quantico, virginia. Five people were rescued from this building.
Welcome to bbc news. First, our main story. For the first time in seven years, Public Sector workers in england and wales could receive pay rises which exceed the governments1 pay cap. Teachers and nurses could be among those who benefit, after pay review bodies were told they could recommend higher wage increases to professions which have skill shortages but as andy moore reports, unions fear the money will have to be found from existing budgets. What does a good teacher make these days . Recruiting enough teachers has become one of the most pressing problems facing schools in england. Starting salaries have fallen behind other jobs after years of low pay rises. Heres my magnets, two very powerful ring magnets. Now the government has confirmed some teachers might get increases above 1 . But thats likely to be in areas where there are skills shortages and theres no indication yet of how those pay rises might be funded. I think head teachers would be pleased to see a pay rise because th
Ecb, comey, and the testimony, and the u. K. Election. Markets are less cautious in yesterday. We are seeing stocks rise for the first day in three. Most of these currencies falling against the dollar today. Sovereign bond yields rising. We will get to lots of corporate news. Opular,er, banco p santander agreeing to buy it for a nominal one euro after regulators determine that the lender was likely to fail. Santander raising about 7 Million Euros for a rights issue to bolster the balance sheet. The lender will require all of the stock shares resulting from the conversion of its imposing losses on the banks shareholders. The ecb will be the big event tomorrow. Today, according to people familiar with the matter, the ecb will cut its inflation forecast. The euro is little changed now. Tomorrow is the big one. This is our wonderful function, telling you everything you need to know about matters of the european union. These are the polls ahead of the election tomorrow. The majority believe
Nymex crude also trading higher and this is what is happening on the big board. The s p 500 is up, the dells biggest gainer up nearly 1 , the nasdaq up by. 4 . Lets look at crude right now. We are seeing its biggest rise in two months. Nymex crude up by 1. 25 . It looks like they are looking forward to tomorrows inventory report. Likely that inventories rose one million bills barrels last week. Morgan stanley has set a rebalancing still may not happen until 2017. David crudest biking. What does that mean gasoline . Is down foras, it the second day in a row. To 2 , just off its session lows. That fall has obviously pulled down the average price of gas at the pump, and taking a look at how that has happened, ever january 2000 nine, you can see it has risen. And we are back down to 23 . You can see the most important fallen belowit has and each licensed driver gets to save 550. A huge number there. Before i send it back to you, david that may pair some losses if they are also invested in
They are all here helping us break this down. Unfortunately, this microphone is now on my person. How about we get to some first word news with vonnie quinn. Vonnie thank you. Tog an end to serious syrias war, the talks will begin next month. The talks dont mention the syrian president , western power wants about but the russian power back him. The International Organization for migration is saying that the total is four times higher than oft year, for fifth 4 5 them arrive by c. Encourages the private sector to offer humanitarian aid. Ted cruz is gaining on donald trump in the race. He is four Percentage Points behind. Their rivals are far back from them. Voting starts six weeks from now in iowa. Brees. Ilestone for drew he has given 60,000 career yards, more than four miles. That is your first word update. Matt taking a look at the Index Futures, you can see not a lot of movement this morning. If you look at what happened overnight in asian stocks, we had a little bit of a lift after