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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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Transcripts For BBCNEWS BBC 20240702

to flee to for safety, earlier in the conflict. hospitals say they re overwhelmed with new arrivals. the world health organization says it s been told by israel to move medical supplies out of two warehouses in southern gaza within 2a hours although israel has denied this. these pictures show explosions in gaza on monday evening. a spokesman for the un children s charity, unicef, says there s simply nowhere safe for people to go. all this comes as the us state department says it s too early to say for sure whether israel is heeding us advice to protect civilians in gaza. but it did say israel was making more targeted requests for civilian evacuations in southern gaza. here is the latest from the ground from our middle east correspondent yolande knell. in the past few days israel has put out evacuation orders, particularly for the south of the gaza strip, affecting tens of thousands of palestinians, many of them people who have already been displaced by the fighting. it is t

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Transcripts For BBCNEWS BBC 20240702

including hospitals. came in a9. israeli authorities it s been part of my life for 7h years. have denied the who s claim. the israel defense forces jeff says he now misses the missile. are now telling civilians for sian, the 29kg shell had a role to leave areas around in her gardening routine. khan younis, a city israel told civilians to flee to for safety earlier in the conflict. i used to put new plants in, our gaza correspondent rushdi abualouf who is now put fresh, and i d dig in istanbul gave us them with my trowel, this update. and it was the right height very intense israeli for me to bang the trowel onto the bomb air strikes around khan yunis to get rid of the excess earth! tonight, with reports i done it a couple of weeks ago. of israeli tanks are moving i ve done it for 41 years! from the eastern part and the northern part i patted the bomb the thursday morning and wished it good of khan younis. luck! the ornamental ordinance i have seen some footage from the hosp

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Transcripts For BBCNEWS Asia 20240702

there are a few things that drive gold and crypto prices higher. the first one is the quality and the second is the us dollar. let s talk about liquidity. easing from china and also from the us, the fed has actually been injecting liquid italy, overnight repo facility. so also from a seasonality perspective, november december actually quite favourable in terms of financial conditions, and indeed the rally, or the fall of interest rates have helped also financial conditions to ease in the past few weeks and hence we ve seen a surge in liquidity in the system and that propels both gold and crypto currencies higher. the next reason is for the us dollar. both gold and crypto currencies is dominated by us dollars. when the dollar becomes weaker that is a tailwind for the causes. given that the market is now pricing in an increasingly probability of cuts are starting as early as april next year, the us dollar has been weakening versus both other currencies including gold and crypto

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Transcripts For BBCNEWS The 20240702

those numbers supposedly corresponding to safe areas, but the reality is people don t have power or internet communication, or at least it s intermittent. and so, very often, they have no idea where to go. earlier, i spoke with our diplomatic correspondent, paul adams, injerusalem and asked what sorts of warnings the israelis are sending to the people of gaza. they re basically saying that if you are living in an area just to the east and north of khan younis, one of the largest cities in the southern part of the gaza strip, then you need to move west and get out of the way. that map you re seeing there on your screen, that red dotted line is the salahadin street, which runs throughout the gaza strip from north to south. and that area, that red dotted area is a stretch of the road that the israelis are saying palestinians should not get anywhere near. at the bottom end of that dotted line is the city of khan younis. the yellow orange line is saying this is the alternative rou

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