the texas supreme court reversing a ruling that allowed kate cox to get an emergency abortion. she had no other option to leave the state to get an abortion. she had the option, many, many women are trapped in their seats. ukrainian president zelenskyy to the white house and to capitol hill as delays for more aid are continuing in congress. the prospects of this getting done before the calendar year is up looks not good right now. the free world hesitates, that s when dictatorships celebrate. good morning, everyone. i m phil mattingly with poppy harlow in new york. we start with an extraordinary request from the special counsel in the election subversion case against donald trump. jack smith, special prosecutor, wants an answer from the supreme court, on whether the president is immune from prosecution and he wants it as soon as possible. smith went directly to the high court, specially leapfrogging what could have been a very lengthy appeals process. it c
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
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