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Transcripts For CNNW CNN 20240703

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Transcripts For CNNW CNN 20240701

that s what is so confusing so to many people right now. ed, just hours before this opinion came down to leave the state to get her abortion, how are her lawyers responding to what we learned last night? they said she simply was running out of time. she is now 21 weeks pregnant. she felt like she needed to make this decision. after the attorney general had appealed to the supreme court, they essentially paused that lower court ruling, giving her the permission to get the abortion legally and waited for three days for the texas supreme court. so because of that, they described her situation as being in legal limbo and described the weekend as hellish for her. that s why she arrived on monday and made the decision to leave the state to get this abortion. and what many critics of the abortion law and the situation in texas is saying is that texas supreme court ruling really sends a signal to many women across the state of texas that you cannot go to a court and get that p

Transcripts For BBCNEWS Asia 20240702

and also crypto prices higher. specifically, i think two factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. now, let s talk about liquidity i think in the past few weeks we have seen actually easing from china, and also from the us, the fed has been injecting liquidity through running down its overnight repo facility. also, from a seasonality perspective, november, december tends to be actually quite favourable in terms of financial conditions. indeed, the rally in bonds or the fall of interest rates have helped also financial conditions to ease in the past few weeks. hence, we have seen a surge in liquidity in the system and that propels both gold and crypto currencies higher. the next reason is the us dollar. now, of course, both gold and crypto currencies are denominated in us dollars and when the us dollars become weaker, that is actually a tailwind for both asset classes. obviously, as we mentioned, given that the

Transcripts For BBCNEWS Asia 20240702

factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. let s talk about liquidity, i think in the past few weeks we have seen actually easing from china and also from the us. the fed has been injecting liquidity through overnight repo facility. also from a seasonality perspective. november, december tends to be quite favourable in terms of financial conditions. the rally in bonds and the fall of interest rates has helped also financial conditions to ease in the past few weeks. hence we have seen a surge in the liquidity and the system and that propels both gold and crypto currency higher. the next reason is the us dollar. both gold and crypto currencies are denominated in us dollars and when the us dollar becomes weaker, that is actually a tailwind for both asset classes. as we mentioned, given the market is now pricing in increasingly probabilities of cut starting as early as april next year, us dollar has been weakening ver

Transcripts For BBCNEWS Asia 20240702

crypto prices higher. specifically i think two factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. let s talk about liquidity, i think in the past few weeks we have seen actually easing from china and also from the us. the fed has been injecting liquidity through overnight repo facility. also from a seasonality perspective. november, december tends to be quite favourable in terms of financial conditions. the rally in bonds and the fall of interest rates has helped also financial conditions to ease in the past few weeks. hence we have seen a surge in the liquidity and the system and that propels both gold and crypto currency higher. the next reason is the us dollar. both gold and crypto currencies are denominated in us dollars and when the us dollar becomes weaker, that is actually a tailwind for both asset classes. as we mentioned, given the market is now pricing in increasingly probabilities of cut starting as early as ap

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