Worldwide trade has been slashed. Postnba future, we will hear from lebron james. Feeling more risk as we head into the last trading session of the week for asia. Lasttrading flat after the halfhour of frenzied gains, s p 500 up 20 loss in the previous session. Nikkei futures at the moment looking flat. Dollaryen holding at 107. Gainingg dollar index with the exception of the kiwi and aussie dollar. It feels like we will see modest over in spite of concerns increased virus numbers, particularly in the u. S. And globally we are averaging 150,000 new cases per day. The underscores uncertainty. The senate in the u. S. Approving a bipartisan bill that would limit banks doing business with chinese officials involved in hong kong. Tom mackenzie is in beijing. It still has to be signed into law. Given unanimous consent, how likely is it this will be enacted . Tom very likely at this stage. It has bipartisan support in the house and it has been signed off in the senate. It will end up on trump
A former on former nessun chief carlos ghosn he skipped bail in japan ahead of his trial provocations of financial misconducts and in sport world tennis number one boss who makes a losing start to the new year party suffering a shock defeat in her opening match of the brisbane international. That sober Iranian Revolutionary guard commander is warning that wednesdays missile attack on a base hosting u. S. Troops in iraq is only the start of a revenge operation that will continue across the region as he has his artist says irans strikes werent meant to kill soldiers but to damage the American Military machine iran is still smiths and u. S. Calls to negotiate following the assassination of Iranian Military commander custance all the money u. S. President donald trump appeared to be backing away from further military confrontation with iran on wednesday but he also honest fresh sanctions for teheran until it changes its behavior. Trump though is also facing opposition at home with a vote s
Start the week even the dow the first record close in almost four months. Is this a breakout or a fakeout, pete it certainly feels like a breakout and when i look at the options world, we see nothing but huge buying right now. And weve seen it kind of moving in towards this in energy, in some of the financials but today it was the emerging markets. And dan and i talked about this months ago they were buying the eem, 250,000 in a single print and 30,000 here, 30,000 there. Fxi the same sort of story so it seems like everybody is planning for a breakout. Volatility shocked me, by the way. Its still trading right aurnd need 13, like 12. 5, its amazing to me with the market weve got right now that people are feeling so comfortable, maybe too comfortable. So comfortable in a riskon sort of mentality. Im never comfortable whats the title of this game, breakout or fakeout thats the title. Breakout. You believe in this rally you have to believe the s p 500 is making a new high almost every day
Lake county, napa county, this is where the strongest wind speeds will be and the lowest humidity levels. So, red flag, high fire damage above here and out towards the west slope of the sierra, where theres the power shutoff watch. So, its not just the fire danger. But look at a sneak preview of tuesday, high temperatures. We could be talking about 90s bayside and valleys approaching 100 degrees. Heat advisories, possible this week. Well let you know how long the fire dangers and high temperatures last, coming up in our forecast, in 15 minutes. Twitter with the latest weather information. Follow him for all of your weather information. The red flag warning could impact firefighters trying to contain the 128acre fire in the milpitas foothills. Terry, the fire burning right now here is 70 contained. It will be under a warning tomorrow night. Firefighters are racing to achieve full containment before the winds pick up tomorrow night. For a second day, firefighters are battling six stubbor
Lets go out with a look at who will see the potential for the highest fire danger and its also going to get hotter. Yeah, thats one of the things well be watching this time tomorrow night as that red flag warning officially begins p. M. This time tomorrow. Well already be under those red flag conditions with the north bay and east bay hills. One of the trends weve been seeing in the weather models is to kind of increase those wind speeds in the north bay approaching tuesday morning. Sustained wind generally 15 to 20 miles per hour. And that does include lake county, portions of of Sonoma County into napa county. Portions of under that power shutoff watch updated by pg e. So the red flag warning is one component to the story, but look at the high temperatures as we head to tuesday. 80s and 90s, bay side, so we could see some heat advisories in addition to the red flag warning conditions in the hills. Ill let you know how long the fire danger and hot temperatures last in our forecast com