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Bubble. The good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The markets are focused on data in the u. S. , stimulus in the u. S. , and for july manufacturing 51. 1, instead of the 50 that was expected. The other thing we are really ,atching out for is gold, 1897 within a whisper of 1900, which will be a big psychological impact. Now lets get to the bloomberg first word news in london with laura wright. Hi, laura. Hi francine. ,rising for the first time about of march to 1. 4 million, but dropping slightly. The data comes as hundreds of billions of federal aid is set to expire. The u. S. Economy could be at risk of a double recession. A Vaccination Program for the protect ait ceases to second wave of the coronavirus. Twice as manyple as last flu season. At shots available for the risk groups will be available to everyone over ....
Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward ....
Members will participate remotely. This is taken pursuant to the state way stay at home order. All proceeding local and state and federal orders and directives. Committee members will attend through Video Conference or telephone and participate to the extent as if they were physically comment. Comments will be available on each item. Channel 26 and sfgovtv. Org are streaming at the top of the screen. Each speaker will be allowed two minutes. You can call 888 2045984. 888 2045984 access code 3501008. When connected Public Comment is open and dial one and zero to be added to the cue to speak. Speak clearly and slowly and turndown your television or radio. Alternatively yo you make Public Comment by emailing myself sfgovtv at lindawong at sfgovtv. If you submit by email it will be included as part of the official file. Fi ....
The meeting has started. The meeting will come to order. This is the april 8th meeting of budget and finance committee. I am calling it to order at 10 00 a. M. It is a rescheduled meeting at 10 05 a. M. And the meeting scheduled for 10 10 a. M. There are other supervisors present. Will you please identify yourself. Anybody else who is not on the budget and Appropriations Committee . Thank you very much. I would like to thank Daniel Williams from sfgovtv for broadcasting this meeting. Madam clerk, do you have any announcements . Yes, the covid19 Health Emergency and to protect City Employees and the public the board of supervisors legislative chamber and Committee Room are closed. Members will parti ....
There are other supervisors present. Will you please identify yourself. Anybody else who is not on the budget and Appropriations Committee . Thank you very much. I would like to thank Daniel Williams from sfgovtv for broadcasting this meeting. Madam clerk, do you have any announcements . Yes, the covid19 Health Emergency and to protect City Employees and the public the board of supervisors legislative chamber and Committee Room are closed. Members will participate remotely. This is taken pursuant to the state way stay at home order. All proceeding local and state and federal orders and directives. Committee members will attend through Video Conf ....