Question

What does the underlined word mean in the following sentence?
¡Qué azul está el cielo! Hace buen tiempo hoy.
It's raining
It's windy
Its bad outside
It's nice weather.​

Answer 1

The answer will be it’s nice weather

Answer 2

It’s nice weather is the anwswer, it’s the English translation of “hace buen tiempo hoy”