Elon musk unveiling his latest at an event last night retail wraps up a busy week as Worldwide Exchange begins right now. Good morning, happy friday and welcome to the show. Stock futures are moving slightly to the upside the dow moving up the longest losing streak. The s p seeing the longest losing streak since september. The dow is at risk of snapping its winning streak as future gains hold, the dow would open up by about 59 points and the s p by about seven points as well if you look at the 10year, we are slightly lower on the day, about 1. 755 twoyear about 1. 597 . Japan did finish off in the green up 0. 3 . China, you can see closing up as well a half of one percent main land china up 0. 2 . In the european trade, we are seeing a little mix there. German dax up 0. 25 . Those trade tensions continue to be front and center. Chinese president saying china wants to work for a trade deal but is not afraid to fight back. Our own eunice yoon is with us put those comments in context. It
Not badly hurt by the note 7 fiasco. Yousef it is 8 00 a. M. Across the emirates. I am yousef gamal eldin. Shery i am shery on in hong kong. Asian currencies gaining ground on the back of a weaker dollar. Tromp withdrawing the u. S. From the tpp. We had the president and the treasury secretary nominee talking down the dollar, but i understand it is not all about these comments moving the dollar. Yousef again, you had Steven Mnuchin talking about an excessively strong dollar having a shortterm economic impact, but that is not what you should be looking at. There is a different and more accurate perspective, what is happening with 10 year treasury yields in the u. S. This chart. At that is your 10 year yield and the bloomberg dollar spot index. See, ive highlighted this for you. Take a look at how close these to move. Yields are leading the dollar, so extending the slide after Steven Mnuchins comments, then clawed back those losses. Thing we do have to keep in mind when looking at treasu
The Social Care System is close to collapse, according to providers, as new figures show 900 workers left the industry, every day last year. The Foreign Secretary, borisjohnsonhad pushedffiflf 7, w for sanctions on senior russian and syrian figures following syrias suspected Chemical Weapons attack which killed more than 80 people. Position on the syrian conflict ahead of the us Secretary Of States arrival in moscow this afternoon. Well, Rex Tillerson is now there. Lets cross to Olga Livshin In Moscow for the latest what reception is he likely to get from russian officials . Considering he wanted sanctions against moscow. Interesting question. Rex tillerson and Vladimir Putin know each other in person, but today Vladimir Putin has used harsh words to counter the words of Rex Tillerson and he said he basically accused the United States and presenting any evidence and also said that they know about possible provocations and use of more Chemical Weapons in syria in coming. 72g by back p
This is just off the coast. It looks like it wants to take a path around the golden gate and north. We will get mostly cloudy skies. It looked like south of the golden gate that may be in the mix. A little bit of rain toward mendocino and lake counties. 50s for temperatures. The breeze has died off. Lafayette at 49. Blackhawk at 50. Dublin at 52. Mostly cloudy skies if you are up north. I would expect rain as well. If you are in the south, partly sunny and mild with a south breeze. Temperatures will be in the 60s and some mid70s especially in the santa clara valley. I am ready in case the commute gets troublesome. Are you ready . I am ready. I have my coffee in hand. We are all set. Right now we do not see anything major. We have been following some of these commute. I want to start out with the solano on the super commute. If you are driving from dixon, vacaville, valeo, it does not look bad. Toka singh on fairfield and vacaville. Traffic on interstate 80 looks good although there are
And good morning, we begin with a major announcement overnight from the donald trump campaign. The republican nominee is taking his campaign south of the border planning to meet with the head of the nation that was really front and center in his tough immigration talk. He accepted an invitation to sit down and is its being criticized by the clinton campaign. Kenneth moton has details from washington. Reporter mexicos president extended the invite to donald trump last week to sit down for a meeting. Well, late yesterday trump confirmed in a tweet hes going to mexico city. This morning, donald trump is heading south of the border. The same one where he plans to build that wall. We are also going to secure our border. Reporter overnight trump rallied in Washington State but today the man who climbed to the top of the gop ladder on a plan of mass deportation of mexicans. Theyre bringing crime. Theyre rapists. Reporter will meet privately with the mexican president. He has been critical of