Do you want to go through the data . Tom yeah, let me go through the data. The news is in conversations. Limit 12. 55 with a massive curve flattening, oil down at the bottom, speaking volumes. Next screen, please. The vix is a good litmus paper, not moving here with futures down, 40. 94. I am not sure what the implied 5. 0is, but im guessing will be a good place to start. That is the yen. What is absolutely telling, there is persistent yen strength through the japanese day and the london morning. The 30year bond. Third screen and i know francine has a more europecentered view. This is the chairman powell screen. What will they do before the market opens . This is what they are looking at. The twoyear yields from the u. S. , u. K. That is stunning on the United Kingdom, maybe near a negative yield in japan and down to germany as well. Francine . Francine first of all, we did have the iaea headlines crossing the terminal moments ago, oil demand dropping for the First Time Since 2009, whi
A lot of focus on the u. S. Jobs report we saw in the u. S. As you look at the pound its 1. 3003, we need to look at the trade relationship and negotiations between the u. K. And eu. Up versus dollar currently 109. 68. Coming up we talk all things geopolitical and geopolitical at 11 00 a. M. London time. Lets get the first word news in new york city. Volcanoe philippines, a eruption is prompting evacuation of thousands. Triggered earthquakes and spewed ash across manila. Markets were suspended, experts morning a hazardous explosion explosive eruption is possible within hours or days. U. S. , the nation is looking at reviving semiannual talks with china. There will be used to discuss the economic relationship between the company countries. Today, chinas vice premier heading to the u. S. To sign phase one of the trade deal on wednesday. Many shortcomings, that is the conclusion of the report during hong kongs recent unrest. The investigation finding a lack of communication, no clear guid
Roll call. [roll call] we have a quorum. Item 3. Were going to go into closed session. We need a motion to do that and ill ask for Public Comment after that. I move we go into closed session. Moved and seconded. Is there any Public Comment . When we come back into to Public Session ill review the Public Comment rules. All in favor say aye. Aye. Opposed first item is to report out of closed session. We need a motion. I make a motion. Second. Is there Public Comment . All those in favor say aye. Aye. Rules of Public Comment are the standard rules. Well limit testimony to three minutes on any item people may want to talk about. Please read the rules that are posted with the agenda in case you are not familiar. To start with Public Comment i will recognize mr. Winier. He called me wiener. My apologized. I wish to mention the passing of peter ash, who was the former commissioner on this board. In honor of his memory in the marine core Heritage Museum because of the service in the United Sta
Were going to go into closed session. We need a motion to do that and ill ask for Public Comment after that. I move we go into closed session. Moved and seconded. Is there any Public Comment . When we come back into to Public Session ill review the Public Comment rules. All in favor say aye. Aye. Opposed first item is to report out of closed session. We need a motion. I make a motion. Second. Is there Public Comment . All those in favor say aye. Aye. Rules of Public Comment are the standard rules. Well limit testimony to three minutes on any item people may want to talk about. Please read the rules that are posted with the agenda in case you are not familiar. To start with Public Comment i will recognize mr. Winier. He called me wiener. My apologized. I wish to mention the passing of peter ash, who was the former commissioner on this board. In honor of his memory in the marine core Heritage Museum because of the service in the United States army. I simply was to mention his memory. I t
We are coming out of closed session and returning to open session. Is there a motion not to disclose . So move. Second. Motion by commissioner driscoll and seconded by commissioner safai. Any members of the public to address the Commission Regarding this item . Seeing none we will close Public Comment. We will take this without objection. Second. Five action item approval of president s committee assignments. Item four. Public comment. General Public Comment. Any members of the public that would like to address the commission . Seeing none we will close general Public Comment and item 5. Eye team 5 approval of president s committee assignments. I asked this to be on the board. We are having officer elections this month which you will see in the next couple agenda items. Because of the movement on the board, i wanted to get the Governance Committee filled so we can push forward and so what i did is just took wherever a commission or commissioner jordan was on governance with me and i re