Us treasury secretary janet yellen called the downgrade arbitrary and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom stevenson, whos an Investment Director at fidelity. Good morning. Janet woody allen saying this is arbitrary. I have her statement janet yellen and she said she strongly disagrees and says it is based on outdated data. That is based on outdated data. That is riuht. Is based on outdated data. That is right it is based on outdated data. That is right. It seems is based on outdated data. That is right. It s
after a dry start for many, showers will develop. some of the heaviest this time more likely in parts of eastern england, particularly stretching from northumberland down to about norfolk, temperatures are still ranging from the high teens in the west to the low 20s in the ease and, like for the last few days. we start the weekend still with low pressure in charge. a band of rain pushing is, followed by more showers. it s going to be a blustery day with some sunny spells between the showers and, in the sunshine, not feeling bad. temperatures i7 the showers and, in the sunshine, not feeling bad. temperatures 17 or 18 in the west, low 20s further east. high pressure is set to built in, which should settle the weather down for the weekend next week, and it should start to get warmer, with temperatures for some which in the mid 20s. thanks, chris. and that s bbc news at six on thursday 30th june. you can keep up to date with all today s stories on the bbc website. now on bbc1, it
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