The 1. 20 mark. We will talk about that in just a moment. We are basically flat. Brent crude, which has soared during the month as well, what and what is happening very ,arefully with that opec story trading 47. 68. In terms of the german bund market today, we are seeing a little bit of movement, but not much. That kind of captures the story of the last month, doesnt it . Not Much Movement in the bond market, lots of movement elsewhere in risk assets. This kind of sums it up, the one month of the stoxx 600. For some markets, many markets here in europe, smaller markets were up by over 20 . Alix back to the main news with the vaccine because it is monday, so we obviously have vaccine news. Moderna is requesting clearance for its vaccine in the u. S. And europe today after analysis showed it was 94 point 1 effective in preventing covid19. Moderna Ceo Stephane Bancel will be speaking to us later. He earlier said that we have millions of doses ready. We will have more and more every couple
Now, 224 biden, 213 trump. Could be days prosecute we have final vote counts for key battleground states. Maybe were getting a little more clarity on that bottom of our screen right here, nbc news is projecting joe biden wins the state of maine. Want to get that news piece in there as we continue to watch for those votes. Even if biden ekes out a electoral vote, expectations could spell trouble for a democratic agenda, especially if the Vice President ultimately wins the white house for more on the balance of power in congress, lets bring in ylan mui. Good morning. Good morning. Right now its still a tossup for control of the senate. Both parties have a narrow but achievable path to victory Mitch Mcconnell says hes hoping to get more clarity on key races by the end of the day. I dont know whether im going to be the majority leader or minority leader ive been both majoritys better. But were awaiting the judge on the american people. Nbc rates the battle between gop senator thom tillis a
Stratus clouds that are kind of broken up a little bit crunched up 60s and some 70s off to the east bay you will notice 50s cover the north bay 59, san jose 60 for San Francisco where a pretty close to yesterday, although action midday, were little bit warmer by a couple degrees cooler in the south and the north. Fog patterns kind of interesting as we go through this here. Breaks up a little bit by the late Morning Hours. But then actually returns by this Late Afternoon to get around San Francisco, even the east bay and then dissipates just before dawn on sunday. This is all with this frontal system moving through providing a few little stray showers for your saturday looks like breaking it down for years how it comes 66 by 11 oclock we try to get some clearing in here from the fog only to fill back up again with some scattered clouds and a few raindrops kind of cut and what to dirty up the car, you know what after thats all said and done were actually watching out for some offshore wi
Moderately above 2 inflation, moderately is what it says in the statement but does not define exactly what moderately means. There are two centers to this action, Robert Kaplan wants to see the statement to the way it was pretty wants to statement to read the economy or stance will remain the same until the economy has weathered the storm and the economic storm we have here. Well cash on the other side dissented because he wants more dovish language in this. On implement rates, statistics are very interesting here. They have reduced now the planet rates rates and estimation of this year to 7. 6 by the end of 2020 grid that is down from 9. 3 from their june projection and then also 5. 5 from on a plummet rates in 2021, 4. 6 and 2022 and 4 in 2023. The real gdp prediction cut in half for the losses they are paired they are now saying its a loss of 3. 7 at the end of this year with a bounce back of 4 next year. The inflation, fed estimates that pce inflation is 1. 2 this year up from 1. 7
Right now on kpix 5 and streaming on cbsn bay area, we are looking live from our roof cam right now out to the bay bridge. Good morning everyone, its thursday, september 10th. Im michelle griego. And im len kiese. Good morning. The question of this morning, will the skies be orange again . Too soon to tell of course, still dark out but lets check in with mary lee and well have to wait to see what the sun reveals this morning, mary. Thats right len and michelle. We are still dealing with the smoke although things are not quite the same as yesterday. And the winds aloft a little bit of a wind direction. So not exactly the same as yesterday. But still were looking at those smoky skies and unhealthy air quality and you can see current air quality conditions all of the red dots and that does indicate unhealthy air this morning. As we start off our day. Were now going a record 24 days in a row with a spare the air alert for the bay area. This is our Mount Hamilton camerausuase something but