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
Withdrawal, india will reveal how much growth has stalled since its controversial demonetisation programme. Sg connectivity what is its True Potential . Rory cellanjones has been finding out at the mobile World Congress in barcelona. Welcome to World Business report. Im sally bundock. In a minute well hear more about a tie up between two huge government backed companies. But first, could india become the engine which drives the Global Economy . The worlds second most populated country has attracted the attention of companies and governments, all keen to make the most of the opportunities. In a few hours well find out exactly how fast the economy is growing as india gives us their first gdp reading since novembers radical demonetisation experiment. Investors will be comparing it to the 7. 3 growth seen in the three months from july to september last year, but economists dont expect the figure to be so high this time around. And thats mainly due to the governments surprise move on Novemb
Issue that weighs on them is this something that theyre thinking about you know they think about pensions they think about education they think about digitization in germany where behind on that they think. About the International Situation with lydia putin and mr elder one and mr trump thats what varies them bricks it is very far from my constituents minds in the west of germany so in terms of a no deal brags that it will have no effect on germany feel it will have an effect on our businesses because britain is an important Business Partner it will have an effect on people students who attend British Universities for example ive come from a University Town these are the ones who are going to be affected but by and large generally speaking the broader public in germany i feel will not you know feel a dramatic difference how do you see things evolve well im an optimist by nature and so i believe and having spent a couple of years in the e. U. Indeed i know that deals always reached at t
A community meeting on plugging and sealing oil and gas wells in Oxnard will be held on Tuesday, June 18, at the Jose R. Flores Saticoy Community Center (11168 Violeta