Per barrel, decline of 1 . It is all about what happened in europe and all the Market Action after the European Central bank cut key Interest Rates and introduced another round of bond buying and that triggered massive reversals across the market. Look at the euro. 108 at some point. Now it is higher by 1. 9 . A bid to safety here in the United States with the ten year treasury rallying. The yield is 1. 952 . Lets bring in tim seymour of trimanagement. Good to see you. What are we seeing in your view of the massive reversals . An unwinding of all of the positions going into the meeting or is this telling us something more sinister about the markets and what the markets believe and if they believe in mario draghi . I tend not to believe in the sinister. That had people overcommit capital and overreact to certain things. There is a higher euro and lower dollar. What i thought was most interesting is the comment that they dont see the need to reduce rates further and everyone talked about
mornings weve been in the 50s, this is going to definitely start your day differently so make sure you have your coats today and winds pretty light is the good news. 510 miles an hour sustain and totally dry. that will change through the weekend ill let you know next chance of rain right now we have a look at your friday commute. weve made it to friday. congratulations and congratulations on the commute. id like to sabals its clear. no accidents or major delays for those of you who travel the 77480 interchange in independence everything looking great. the drive time on 77 between 480 and i90, seven minutes headed north into downtown, seven minutes headed south and a Traffic Alert from rta for those of you who take it, rta buses will replace trains east of tower city through the morning rush and ill tweet that out. john and lena,b to you. this morning an el early village home caught fire. Tiffany Tarpley joins us live and the state Fire Marshalls Office is involved here. they are and yo
Right now, moving the homeless. D. C. Is clearing out a homeless encampment near Union Station. Melissa mcgrath is live in washington where she spoke with some of the people being forced out. Megan . Reporter well, some of the people that you see behind me here have been camped out here along Union Station on the sidewalk for a year or more. They have all of their possessions here. And this morning they are being moved out. Now, back in february, the city gave notice that this tent city would be cleared out. There are concerns about trash and rats and the blocking of the sidewalk. Today there is action being taken. The city is Offering Services and shelter, and some are accepting that help. Weve talked to a number of people who are going to be attempting to move into a shelter facility. They left in vans here from the scene. But others are reluctant to come in off the streets. They say that if they have to, they will simply find another spot. If ey if they put me in housing, get me an
It appears from the inside of this house that that garage was converted into a living space. Reporter when crews arrived on scene, the victim had to be extracted from underneath the car. She was immediately taken to a local hospital. Her condition is unknown at this time. We also spoke to a witness who said she was at the intersection at the time of this accident when the car that hit the house flew by her and then shorthy after, all she shortly after she could hear a man screaming, oh, my god. My daughter is inside there. A City Task Force is expected to fall for stricter fire alarm standard in San Francisco apartment buildings. This was established after a pair of deadly fires. The group is not expected to call for a suggested requirement that all older buildings install sprinkler systems. A man and woman are dead after a hostage ordeal in san jose. It happened on camden north in the cambrian neighborhood. Heres the latest on that. Reporter good morning. San jose police cleared the s
There. Hi, everyone. Good afternoon. Kpix 5s jackie ward is live from the scene with the very latest. Jackie . Reporter frank and michelle, we just got to the scene a few minutes ago. Theres a lot going on. Lets show you immediately whats going on behind me. A big rig carrying cars got stuck on the hill and at this point in the investigation, Police Believe the brakes gave out causing it to slide down. Heres what the Police Captain had to say. Got stuck at the crest of the hill. And he tried to dislodge it. He called a tow truck. Tow truck was out here. So was the tow truck driver. Reporter the truck then hit a vievoltage power pole and then crashed. 11,000 people were without power. That number is down to 1700. This accident caused diesel fuel to start leaking into a city sewer line. To say this is complicated, would be an underestimate. Muni and regular traffic is diverted. Nobody was hurt. Pg e is on scene. Were expecting this area to stay convested for a while long. From potrero hi