We see the pboc once again holding steady, keeping that yuan at a steady level. Yuanconomists saying, the can rise, it can fall, and we will combat both moves should we need to. The dax up 0. 5 . Big vote on wednesday. Angela merkel trying to rearrange her schedule to get this vote through, talking potential debt relief for greece. Trying to woo the imf to get on board with the third bailout being offered to greece. That third payment comes on august 20. We are higher across the board looking at the eurozone when it comes to equities. The euro is down against the dollar. Weve got Interesting Data coming out of the u. S. Later today. We got manufacturing, inflation, we also get fed president william, voting member, speaking on his view of whether has what happened in asia changed the Federal Reserve . Still about 5050 think we will get the goahead in september. Euro still slightly lower against the dollar. Lets have a little look at how the Chinese Renminbi is doing. Stability back on c
Degrees above average. Temperatures at the coast, again, 60s to 70 degrees. 70s and 80s common across the peninsula today. 86 degrees in san jose bested by 86 degrees in santa clara. 88 in los gatos. Temperatures across the trivalley today approaching 90 degrees as well. I had to flip on my ac last night. 90 brentwood, tracy, orwood, Discovery Bay, Mountain House as well. Temperatures around the Carquinez Strait in the mid 90s. Blustery late day winds. Temperatures pretty much settling around 90 in the st. Helena area. Full forecast slated for 18 minutes after the hour, but right now heres jaclyn. Starting with a fatal accident and this is the third fatal crash we have tracked this morning. Second one on 880. The accident northbound 880 as you are approaching fifth street, all lanes currently blocked. Chp has issued a sigalert and big rigs will be need to use 580 and all other drivers need to start heading on over to 580. The backup right now is beyond high street. It is stretching tow
And russia yesterday deciding to extend the production cuts and the iaea saying the demand outlook is slightly downgraded on lower first half estimates. Non opec increased in 600,000 barrels per day. You can see brent is up on the back of that, 52. 19. It was around 51. 7 when i looked at that. Oil is climbing a little bit more. Reminder yesterday, we found out audi plan to extend production cuts for another six months. Watch oil. We will bring you those trump headlines. That is giving a nice risk to the euro dollar, the dollar weakening for a fifth straight day. The euro is soaring amidst classified information donald trump made or may not have given to a russian diplomat. We are looking for the mexican peso strengthening and the south korean yuan strengthening. We will get more on your markets, but lets get straight to the bloomberg first word news. Reporter we start with europe. Angela merkel has vowed to work with macron. That as the german chancellor hosted the newly elected frenc
His son released. Meeting government officials as they try to quell growing government anger over emissions. Oh caroline welcome to bloomberg daybreak europe. From here in the city of london, on anna edwards. With got commerzbank reporting a secondquarter net loss, 630 537ion euros, a loss of million. That lost a bit wider than what we expected. They are giving us guidance in 2017, saying they see it slightly positive net result. This is germanys secondlargest listed bank. That antly found out company disclosed owning 5 , making his business the second largest shareholder after the german government, which bailed out commerzbank. Byy plan to cut 6000 jobs 2020, to free up cash in other areas. Sticking with the banking theme, we have numbers out of Societe Generale. Profits down 28 . Litigation clouds lingering over this international dealings. The products business helping the trading to outperform some of their rivals. They are also grappling with litigation. That is, to some extent,
Vulnerable girls and young women for sex in newcastle. Now on bbc news all the latest Business News live from singapore. A deadline looms for toshiba to report its annual results. It has until today to get an to sign it off. Silicon valley setting an example when it comes to paid Maternity Leave in america but will the rest of the country good morning, asia, hello, world. Its thursday and glad you could join us for this edition of Asia Business report, im rico hizon and we begin with japans troubled Electronics Giant toshiba and today is the deadline for the company to report its audited results for the past fiscal year. Toshiba has missed the deadline several times and some investors are now questioning its very survival. For the latest lets go over to mariko oi, our business editor, a lot of confusion about these toshiba results, they cant seem to reconcile where they are at. Indeed. The delay has been caused because of the disagreement between the auditor and toshiba, but it looks l