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Around the bay, 66 in San Francisco and cool along the coast in the low 60s in pacifica. Talk about the rest of the week and when we will see temperatures heating up in our full forecast coming up. Lets check in with gianna for a look at traffic and a Traffic Alert this morning. There is on the antioch bridge southbound so youll see delays. This is a major injury accident involving a vehicle hauling a trailer as well as another truck, possibly a garbage truck. Theres a lot of debris in the roadway. Caltrans has been called to the scene and has been out there since about 3 45 this morning and theyre trying to let traffic through and antioch bridge southbound around mid span and youll see the closures and right at wilbur avenue. Anne. Im anne mack vic. These floods are the worst Natural Disaster to hit japan since a typhoo ....
Planning to sell bonds and admitting gdp targets this year stemming from uncertainties due to the Global Pandemic. Ourinda lets get to markets, anger markets coanchor Tom Mackenzie in the forbidden city. China dropped its gdp target for the First Time Since 1994. That is significant. Tom it is. Our bloomberg sources expected they would do this, but the economists werent entirely sure. They have dropped the gdp target completely, facing up to the economic reality. This was the result of the coronavirus. You saw First Quarter gdp in china drop. Surveys suggest you will get 1. 8 growth for 2020. They are giving themselves space to react to this virus and put a floor under Growth Without tying themselves in knots ....
Hong kong. , 3. 6 down. Hshares. Eight shares. Indeed, the volatility. 31 spike to the upside. Earlier, the hong kong dollar weakening. It has been right up against the strongest part of that. It went down to the lowest in six weeks. We have come off of that for the time being. Seven hong kong dollars. 75 hong kong cents. Now looking is pretty for the rest of the region as well. It is putting much red across the board. Tie one below its 10 day moving average. Currently down about 2 . The taiwan index is down about one and a half. Losses for the sti. Down about 1. 9 . Singapore grappling with the virus even though there are signs of stability. The city running out of time to hold an election. The benchmark down a tense of 1 . Down 8 10 of 1 . March numbers drink to the lowest mark numbers shrank to the lowest in 10 months. Crude down 2 . 3305. Crude at such levels could raise the possibility that shale producers slowly turn on the taps again. Gold futures getting some upside. 17, 26. Go ....
Opecs cuts may be draining the glut. The bank of japan prepares for unscheduled talks as the coronavirus keeps extra pressure on the economy. Help for Small Business tops the agenda. Downside are seeing a start to trading on this final friday session of the week. Overwhelmingly, the concern over these escalating tensions between washington and beijing, and now also, beijings expected move to impose the National Security law on hong kong and we are watching, in particular, the start of mainland trading as well as hong kong trading and trading in the hong kong dollar but in the meantime, we are seeing a downside view when it comes to nikkei futures as well as kospi. Sydney futures looking to extend losses of. 4 in the previous session although we could expect to see some modest gains when it comes to the Energy Sector gi ....
But most fiscal spending happens at the National Level still here in europe. The numbers are still relatively large. There is just a lack of coordination when it comes to providing aid for the more stressed out economies like italy. The core countries like france and germany are able to spend money at a National Level. Stocks are down here. Theyve rolled over in the last 10 to 15 minutes. Bundbtpye on the spread because that highlights what is happening between the core and the periphery. 1. 0882. Ar, the dollar catching a little bit of a bid today. Brent crude coming back a bit, as well. The thing i would highlight is the volume on the equity market is very low today. This doesnt feel like its got a lot of conviction behind it. Lets start the conversation where alix was mentioning it was in washington. Democratic leaders in congress pushing for nearly 500 billion in the next ....