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Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active ....
Oil, 41. 40 we talked for a long time about mike pences hawkish speech on china from a year or two ago but pompeo yesterday oneupped that and this consulate news from china is weighing on sentiment too. Yeah, he upped the ante jim did focus us at the time on Vice President pences speech because it was quite truck lant would be a word to describe it at the time but it continues to go up in terms of the tensions, carl weve talked about it pretty much every day, whether its a backandforth over huawei, whether it has to do with conversations about closing down the app tiktok in the United States, whether it is the closing of consulates here and the response from the chinese. This is not going in a direction that many, who at least are invested in the idea of global trade, certainly, mike, would wanting to see. For sure. On the one hand the market is not necessarily overly focused ....
York times article today on the gravity across the entire sunbelt. It is going to be fascinating to see how the mayors and the with ars buttress up washington that seems to feel like the pandemic has moved on. That is decidedly not the case this morning. Jonathan the pandemic has not moved on. We turn to the Economic Data a little later this morning. We constrain the reopening process for the economy. Neither is positive for the economic outlook. We are already seeing that was companies hesitant to rehire people as a result of a lack of confidence. Read ofget the latest initial jobless claims in the united states. The pace of filing is still very high, 1. 3 million filings expected. Hear from, we will the sec chair in front of the House Financial Services committee. Interesting to hear what he says. Later today, we get the fed stress test results, possibly indicating ....
Actually fine i mean it depends on what direction youre driving morning. John where words when coming from yeah so fast as i like know yet we are definitely seeing some windy spots but others some of the place you would suspect that would be the windiest. At all as windy. So this is your look outside this morning. Weve got some clear skies definitely not a whole lot of fog wind right now is mostly coming in from the west but that definitely depends on where youre talking weve got to southwest steady breeze out in the east bay currently and from san jose its from the north so its a pretty mixed bag right now these are low wind so theyre definitely being disrupted by the terrain of the bay area so some areas are just more exposed some of you might notice that other areas going to be more on the calm side as we work our way through the course of your morning youll continue to see the steady wind its going to take us on into the afternoon eventually too. Today clear skies and comfortable t ....
Yesterday, bad news is that up to put your head off your head if youre not holding on to it looking outside of temper on skies, beautiful unclear got a nice glow overhead as the sun comes out. Breezy a spots include santa rosa, San Francisco, Half Moon Bay fairfield in oakland at times today winds will shift enough that areas that may be calm right now wont be common to the afternoon. So just know yet were continuing that breeze that weve had pretty steady now weve got a windy forecast for a couple of weeks. Were keeping that going today, clear and dry conditions today temperatures a bit cooler than they were yesterday at this point starting off the morning in the 50s for most of the bay oakland and pittsburgh at 59 right now alameda youre at 58 degrees. Later on today daytime highs will be pretty similar to yesterdays with 80s for warmest temperatures inland and 60s right alon ....