China down, hsi and outperformer today above the 17,000 level. All sectors in the green. We are keeping watch on the kiwi , as the rbnz pushback on expectations for rate cuts despite lingering concerns about growth. Markets pricing in nearly three rate cuts for the year. Were keeping an eye and the nikkei as well, under pressure. The governor avoiding sounding dovish on Monetary Policy. In traders on guard for possible currency intervention. Investors are waiting the key u. S. Inflation reading in the coming hours. Inflation will be sticky. It will be absolutely sticky. Were going to get stuck at around 2. 5 3 . I think that warrants over the longterm the fed rethinking its inflation target. Haslinda the cftc says firms that use borrowed money to amplify returns increase short returns in the futures market for the first time in two months. We saw record size trade in shortterm Interest Rate futures which appear consistent. Lets bring in Garfield Reynolds , what prompted that record fut
Just getting hammered this morning from walnut creek through san ramon. That 580 680 corridor from dublinpleasanton, look at san leandro right now with some heavy rain oakland into grizzly peak with winds up to 40 miles an hour in the highest elevations. San jose youre saying what rain . Sunnyvale . No rain yet. But we have plenty of rain around the peninsula, around South San Francisco near sfo and foster city. Heavy rain at this particular time in the wake of the area of low pressure. A break in the Santa Cruz Mountains but you will have more rain before its over. This area of low pressure is tapping into subtropical moisture that trains all the way back to the hawaiian islands. A lot of rain in a short amount of time means we have a Flash Flood Watch in effect for the Santa Cruz Mountains, the soberanes and chimney fire burn areas the yellow highlighted area. Blue is our entire bay area. We have a Flash Flood Watch for actually an advisory in effect which means heads up. You could s
Tapping into subtropical moisture. As it does so we have the flooding rains and therefore, that Flash Flood Watch remains in effect in the Santa Cruz Mountains. Primarily the soberanes and chimney fire burn scar areas. But wait when you see that blue highlighted area, thats a flash flood advisory for all of us which means as you head out you will have some areas of ponding on the roads and sidewalks. Sfo, we know were going to have delays on some arriving flights. Well keep you posted on that. Currently its balmy in the 50s. And the moisture is being driven by a south wind. They will be 10 to 20 later today temperatures in the 50s. Well talk more about the incoming flooding rains we anticipate for the weekend. But first heres michelle. Thank you. With sheets of rain pouring down in some spots drivers need to be alert during the morning commute. Kpix 5s maria medina is live in the discuss mountains where there are big problems from the in the Santa Cruz Mountains where there are big pro
Be appreciated. Respect joining us now. They familiar face in davids mr. Sides you ride a lot about different topics. How do you pick that . Historical a dd. It is all about American History but i n dunn was rolled for to do end his head and and now spread first mohammad did you find this . In insert in his esurient of the hon innovative in then they did down. I found this story but to but this it perfectly is speenine who was George Washington . Vedette commander in san new the young naval the officer very ambitious who had then the in the day with his self could have another explanation but we went seven days to convince the playboy in the bush publisher of the greatest trivium per barrel said New York Herald later becomes james the decision was not there, have refunded some dimly. Of it has been enormous success. So they decided to fund it for the officers of the u. S. Navy. To one of the First Official attends on the north pole. We are talking about the early days. That never fail
We actually went to a little Catholic School for 2. 5 years. And his father got another job working for union oil. Was africa after that . It was very controversial. There are people that were very upset. Obama won in a landslide. But everywhere in the world, there is some controversy about any politician. So there are some questions about it. But not everyone understands. What was his lifelike in jakarta . Guest he is perfectly immersed. Imagine a sixyearold child being immersed in the culture. Sort of a lower middle class action. The exotic smells of jakarta. His father riding a motorbike to his job. His mother was there as well. That was his wife, life, he adapted. He had to adapt. But he did the best he could. Host why did he leave jakarta in 1971 . Guest his mother couldnt afford to send them there. Those 3. 5 years, he is in indonesia, immersed in the language. The mother is waking up at 4 00 a. M. To teach him with english schoolbooks to supplement his learning. It is very diffi