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Changing condition. Futures point higher in sydney and tokyo. The yen holding back. Almost everybody is softbank thinks the group taking a Group Private is a bad idea. We will look about the chances of such moves actually happening. Lets take a look at how we are kicking off trading in sydney. It is a public holiday. But we do still have the cash 4 in thep about 0. First two minutes. This comes on a busy week for australian traders. The budget where we are expecting to see assumptions made about a vaccine becoming available and we are also getting a report that is trillion is set to further lift that that australia is such a for the lift that debt ceiling with 4 billion u. S. Dollars with the debt ceiling being lifted higher to 1. 1 trillion. Looking at the aussie dollar ahead of the all be a. We are expecting no change. Markets are significantly pricing and now another rate cut. Before the end of the year. Dollar trading at 71. 67 ....
Any easier, as well, for people who are sheltering or actually working from home. Today in the bay Cierra Johnson joins us live in c calistoga and monitoring some of the outages in the north bay. Yes, good morning. As i was coming into the main drag of calistoga you can see it was really, really dark. Typically they have the generators running and it may be too early forbut many of the bu this main drag are dark, but behind me you can see the main square does have power. Thats because a while ago the city did have a collaboration with pg e to have that microgrid. But for the most part it is dark except for the occasional headlight coming down. We wanted to provide you an update with the Power Outages so far. Right now 9,221 customers are without power in napa and as for sonoma 1,777 folks without power. Folks going on about hour 12 of not having power here in calistoga and kee ....
Under way right now. Tracie, you know about all the counts. This looks like it is a done deal. It looks like its a done deal because we have some sense of whether 12 republicans and 10 democrats will break when it comes down to voting for her or not. Looking live in the hearing room now. They are getting under way. She is done with her questioning. Shes not expected to be there today. But we will hear from members of the American Bar Association and outside witnesses on her nomination. A vote is not a final vote, but we will get a sense of where this committee is headed. We already know because weve been listening for several days as lawmakers questioned her with democrats questioning whether shes a threat to the Affordable Care act and womens issues. This hearing has done nothing to alleviate the concerns raised about why this nominee was chosen and why this is be ....
We should not lose sight of what that means for people who are still struggling and the fact we still have a very deep hole to climb out of. The socalled [inaudible] workers at the low end distribution hedonic options to work from home and federal health is already fading away. Nasa been said about what this means for cities and as we see hollowed out downtowns with your workers coming in, buying lattes and what 115th congress has called any service that depends on a smile what does that mean for city revenues . One estimate suggests especially in high rent districts, employment is still at 45 of precovid levels. We arere about to explore the sinks a bigger graph of blog, my colleagues have a blog looking at what this means for cities and look at how really depends on state revenue structure, well exposure to covid as as the highly uncertain federal policy response. If i could get the next slide, please. There we go. The point of a blog is really going into this were a lot of things we ....
The north bay and inland east bay beginning saturday evening at 9 00 until 8 00 monday morning. On mountain peaks, winds could gust 50 miles an hour. This raises a quadruple threat. Intense winds can whip up controlled fires into firestorms. We are taking initiative tos death up our units that are out on the fires. We will put additional staffing out. That will go across the board. Our house is right behind a hill. Is something we think about when the high winds come to make sure to water down our backyard. Reporter that raises the unlikely sect of bay area power shutoffs. The potential is real for sierra foothill counties. Weather is constantly changing. We have a team of meteorologist standing by 24 hours a day, seven days a week. They are monitoring the changes to see what the trends in the weather are and to see if we need to make any adjustments. Reporter prevailing winds could pump unhealthy levels of smoke back into the bay area, forcing more hungry down. It was hard on me but h ....