Where you are. North bay has gotten significant rain accumulations. The rest of us, its anywhere from it seems like a lot because it just keeps coming. Its just constant kind of heavy drizzle, heavy mist. Its equating to, for most of us, a 10th of an inch or just a little more. But in the north bay you see that kentfield number, which is not the kentfield north bay. They do get the rain like a rain magnet up there, so theyre up over a half inch of rain. But you see the rain totals and the definite the disparity in different places around the bay. The wind advisory is in effect. Thats going to stay in effect for a while into the east of us. A blizzard warning. Lets take a look at the rain where it is now. Of course, its the afternoon commute. Here we are, and its raining and its coming down the heaviest rain. I think of the evening has already moved through oakland and san mateo. You see this sort of line of showers, the yellows, the darker greens, so that is basically on the way out. B
Earnings from nvidia delivering on the Monetary Policy front. We saw how the fomc minutes came in more hawkish perhaps more than powell led on during his speech and that is bringing a resurgence in the dollar and putting pressure on asian currencies, particularly on the chinese yen. Pboc seems to be leaning in. They said that six at the weakest level since january, allowing declines. We see the korean won under pressure no thanks to the strengthen the dollar but it mostly held steady after the bok kept rates unchanged as expected. Yen has been moving up towards 156. 9 earlier the session, i want to highlight what we see in chinese equities, it declines on a day where other counterparts are gaining. There also concerns about geopolitical tensions. Hang seng leading declines dragging the index down. Csi three hundred, material stocks but as you say it is about nvidia and about how even though there was a high bar, it really delivered on what we hear from the ceo, it sounds like more is t
Electronic device places you on item number four. Approval of minutes for the april 16th regular meeting. Thank you. Directors are there any changes to the april 16th minutes . Okay. Seeing none, well open the item for Public Comment. Are there any comments . Comments on the minutes. Seeing none, well close Public Comment. Is there a motion please. And a second on the minutes. So moved. Moved move. Approval rather. Yes. Second, thank you. Please call the roll on the motion to approve the minutes. Director henderson a henderson i director kinsey i kinsey i director so i so i director tarloff i director kahina i kahina i chair ekin ekin i thank you. The minutes are approved places you on item five communications. I have none moving on to item number six introduction of new or Unfinished Business by Board Members. Board members, are there any items of new or Unfinished Business today . Director. So. Hi, everyone, i want to take this moment to, say that we are celebrating the Asian America
Minutes for the april 16th regular meeting. Thank you. Directors are there any changes to the april 16th minutes . Okay. Seeing none, well open the item for Public Comment. Are there any comments . Comments on the minutes. Seeing none, well close Public Comment. Is there a motion please. And a second on the minutes. So moved. Moved move. Approval rather. Yes. Second, thank you. Please call the roll on the motion to approve the minutes. Director henderson a henderson i director kinsey i kinsey i director so i so i director tarloff i director kahina i kahina i chair ekin ekin i thank you. The minutes are approved places you on item five communications. I have none moving on to item number six introduction of new or Unfinished Business by Board Members. Board members, are there any items of new or Unfinished Business today . Director. So. Hi, everyone, i want to take this moment to, say that we are celebrating the Asian American Pacific Islander heritage month. This is a month of may. And
For stocks. A little bit of upside on the nikkei at the start of trade. We are still seeing dollar yen hovering at 155. 6. Of course its about whether we get any indication about curtailing of bond purchases from the Japanese Central bank. Seems like the bond markets are betting we do coming on the japanese 10 year government bonds. Lets take a look at what we are seeing in south korea. Yesterday we saw those declines on stocks as the metaearnings and outlook put a dent in what was otherwise a recovery for asian stock markets. Taking stock, weve seen four of the seven banks report and so far it looks quite good, especially after microsoft and alphabet knocked things out of the park, proving their worth and that they are able to make money from aia investments. Weve seen the upside in south korea as well, the korean won moving toward 1370. Lets look at whats going on down under. Australia was on break yesterday. The big news was how bhp is having a takeover approach for the rival Anglo