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
Talks have been delayed until thursday. Diplomatic and trade tensions between australia and china formed the backdrop as the rba prepares its latest statements. Economists see no change. Shery we will start with breaking news out of south korea. We are getting the final Third Quarter gdp numbers. When it comes to the year on year numbers, a contraction of 1. 1 . This is coming in a little better than expected. The quarter on quarter numbers also rising more than expected, 2. 1 , and beating estimates of growth of only 1. 9 . We have seen some pretty positive ratings especially when it comes to the south korean export numbers. They have seen a lot of external demand, especially in china and the u. S. , despite the fact we continue to see virus infections accelerate in those economies. Again, thirdquarter gdp numbers for the final numbers now beating expectations and coming in at growth of 2. 1 quarter on quarter, haidi. Haidi lets take a look at where we are sitting when it comes to thi
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
All, lets start off with one big news, piece of news for the bay area. Three ucsf doctors have been named to president elect bidens Advisory Council for covid pandemic policies. There are hundreds of jobs that the president elect will need to fill, but the Trump Administration said today that they are not ready to acknowledge him as the winner. President elect joe biden and Vice President elect Kamala Harris go straight to work with the transition team. They met by videoconference with the transition covid19 advisory board. Focusing on a key campaign promise. I will spare no effort to turn this pandemic around once we are sworn in on january 20. Reporter the bay area doctors from ucsf are part of the board. Dr. David kessler, an epidemiologist and former fda commissioner is one of the cochairs. Dr. Robert you guess, are also board members. Typically, they were closely with Outgoing Administration according to eric schindler, codirector of uc berkeleys institute of governmental studies