Alltime high, President Trump signed an interim trade deal ahead of that the agreement averts new tariffs on chinese goods that were due to kick in this weekend. It is 4 00 a. M. In the u. K. I am Tracy Alloway in hong kong. You are watching the pound this morning. As soon as we got the exit poll, that was six hours ago, suggested we would see a big majority for Boris Johnson. Everything we have seen seems to confirm we all we will see a big majority for Boris Johnson. The pound goes higher, up by 2. 4 . The euro falls against the pound. We have not just been covering the brexit ramifications. There is also the trade narrative, progress between the u. S. And china. That is having an impact on agricultural products. There are two walls crumbling friday. One is the redwall and the other is the proverbial wall of worries for investors. Look at the price of soybean futures, those are surging off the back of speculation that lots of add products will be bought by ag products will be bought
Where we do see the rain in santa rosa on northwood. Ill be tracking that as it continues to move through the rest of the bay area. More in a few minutes. Mike, the foggy friday affecting the commute. So foggy, the note from chp for almost all of our bridges. Be careful, the dense fog is drifting all around right now and friday so it shows a little bit lighter, a little bit later than our typical commute. Were showing a smooth flow of traffic and the fastrak lanes. One cash lane yet to open on either side of the fastrak lanes. Getting there no problem as far as speeds go, i would lower your speeds because visibility is an issue. Look at the orange, a denser fog than what we saw at the bay bridge in most cases. San francisco and the north bay an issue with kari showing half mile visibility. South bay getting fogged, low clouds drifting around the area, not always the case so deep that in mind if youre traveling through silicon valley. There will be patches where its tough to see. Scott,
Transformation which will catch every part of our society and our economy. And we will do it because it is the right thing to do. Investors want their say. Carl icahn turns hostile in its bid for hp and dell shares dropping in after hours trade as they slash its full year revenue cost and blames a chip shortage from intel. I feel like a bit of a broken record saying this every day, but we have new wall street record highs yesterday for all the three majors yet again inching higher yesterday more optimism on the trade talks as well with the u. S. President saying that they are in the final throes of reaching a potential deal and that has given a boost to asian markets as well. The stoxx 600 reached a four year high. So very good dumomentum and you can see that there is a green board right behind me. All the majors are trading positive ftse 100 the outperformer up about 30 points. Good performance in the Mining Sector so that is the uk. Xetra dax up about a ten it th t as well. Pointing
Takingny action against the whistleblower. The whistleblower is not a whistleblower he is a fake. And Everybody Knows excuse me Everybody Knows hoot whistleblower is. And the whistleblower is a political operative. These gentlemen know it he is a politically operative. And the ig shouldnt have brought this because if he would have compared what the whistleblower said, if he would have compared it to what i said in the conversation, two conversations really and to what i said in the conversation, with the president who i think is a terrific person of ukraine, he would have said well wait a minute the whistleblower said this and that wasnt the conversation, because we have the transcribed conversation and also shifty schiff, a dishonest he is a corrupt pliken when he imitated or tried to copy my conversation, he didnt copy it. He made up a conversation, went before congress and made up a phoney conversation just like he does every time he talks he is a phoney he is a very dishonest, very
Percentage point hang canning down and shanghai off by about. 9 active trading in europe now youll see red arrows across the board. Biggest decliner is the ftse 100. Look at whats been happening in the treasury the 10year is yielding is 1. 824 zben well above 1. 8 talk about pg e, saying its power lines may have started two wildfires over the weekend in the bay area the fires began in a section of town where the utility opted to keep the lights on another round of blackouts is expected to begin today as more strong winds move on shore the u. S. Is considering extending tariffs. Skapgss on nearly 1,000 products in september, they plan to exclude American Farm goods. Bowings ceo said that their company made mistakes and got some things wrong. We own that and are fixing that. Saying boeing employees felt pressured during the certification process. That hearing begins at 10 00 a. M. Eastern well watch closely and talk to two senators who will be questioning mullenburg lets talk shares of G