Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valuation. We believe that emfx is undervalued and conditions should be conducive to pushing them into overvalued te
1 10 of 1 . Minor gains for the australian and china markets for the shanghai composite. Situation with regards to the equity markets, what about some of the other Asset Classes and play . We can have a look at those. Take a look at the oil prices, retreating at the moment. You need currently, what, 41 essentially for a barrel of wti, 41. 09, moving to the downside. Stockpile to the upside. Gold not much of a haven, dollar index moving to the upside, the dollaryen currently stronger. It has been moving quite rapidly to the upside. . 11 currently for one greenback. The sec is pushing ahead with a plan that could see chinese come these kicked off of u. S. Exchanges. The intent to cap crackdown on companies that dont comply with rules that require an audit. That could hurt big names like alibaba and baidu. Tom, it looks like the sec is in a hurry. What is it proposing . Tom absolutely. The since we are getting as they are stepping up their preparations for this new Legal Framework that ag
Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi
Cases with germany going into lockdown for several months of these go schemes are on the horizon and its. A scary prospect for clubs who have already taken a huge hit in the pandemic and silent stadiums wont help the players to this kind of schedule either. Speaking of which germanys best teams usually inspire terror in their opponents but 2 back to back Champions League match days meant that they were missing key players this weekend expiring rested robert levy for their trip to cologne despite the striker being in the form of his life. Dortmund were also missing their top forward against bielefeld early in holland sneak up to the travelling so how do the elite clubs beat the rest without their goal machines well show you who stepped up. But 1st we take a look at what happened when germanys other 2 we clubs met club back versus lights they saw some of the bundesliga is finest players clash we start with the top game in munching flat back. Because. Expectations are high when she lived.
Hoping that trump will lose will mean some of them sharing in a u. S. President and his administration. At the michael jr is the name youre welcome to the program now this for treats of dont know where we need traditional you outfit hangs in an upscale restaurant in lagos e. T. S. Show of support for the u. S. President rights but just like in the states chums bid for reelection divides views on the continent so will it be trump or his democratic challenger joe biden weve taken our comrades to the streets across africa from uganda to south africa i would love to see the democrats win but they were the most like. To go to and inspiring to with the minorities as policy all over the. Please dont you have easy is really really not. A good president when it comes to. How to handle people and how we treat. People even the you hate account weve been doing that from the us next week theres no doubt about that. I think that joe biden was too soft for the 200 team down to earth i mean he goes do