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
Dramatic increase in the number of cases. We are still watching big questions, how fast is that number continue to go down . First, does that number continue to go down . That would be a nightmare if it picks up. How fast does it come down and how low does it go . Before we started this, you had a couple hundred cases. When do we get back to a couple hundred new cases going in . The overall hospitalization rate is down, the number of intubations is down. Even the number of new covid cases is down. Still not good, still 1000 new cases yesterday, to put it in focus. That would normally be terrible news, it is only not terrible news compared to where we were. This is just terrible news. 367 deaths. Which is horrific and there is no relative context to death. Death is death. 367 people passed, 367 families. What i have been working from day one is to make sure people understand the facts of what we are dealing with. This is a unique situation. Government cannot act unless the people fully
Is a good starting place. We are back to where we were on march 31, before we started this dramatic increase in the number of cases. Theye still watching questions, how fast is that number continue to go down . First, does that number continue to go down . That would be a nightmare if it picks up. How fast does it come down and how low does it go . Before we started this, you had a couple hundred cases. When did we get back to a couple hundred new cases going in . The overall hospitalization rate is down, number of innovations is down of intubations is down. Even the number of new covid cases is down. Still not good, still 1000 new cases yesterday, to put it in focus. That would normally be terrible news, it is not terrible compared to where we were. This is just terrible news. 367 deaths. Horrific and there is no relative context to death. Death is death. Families. Passed, 367 what i have been working from day one is to make sure people understand the facts of what we are dealing with
He says the new york city area and other areas are more complicated due to the need for coordination with other neighboring states. The briefing is almost an hour. Gov. Cuomo that afternoon, technically. Happy sunday. Today is day 57. It feels like more, but it is only day 57. It feels like 57 years. News today on the numbers is relatively good. The descent continues and that is a good starting place. We are back to where we were on march 31, before we started this dramatic increase in the number of cases. We are still watching big questions. How fast is that number continue to go down . First, does that number continue to go down . That would be a nightmare if it picks up. And how fast does it come down and how low does it go . Before we started this, you had a couple hundred cases. When did we get back to a couple hundred new cases going in . The overall hospitalization rate is down. Is number of intubations down. Even the number of new covid cases is down. Still not good, still 1000
Leader xijinping on the phone, a good precursor for next weeks 620 summit injapan. And the markets are open and, as you can see, they are looking flat. And well be getting the inside track on clean cosmetics. We care about what we eat, but what about the stuff we put on ourface . We will find up about the make up dos and donts. And did you watch the bbc Leadership Debate last night . We would like to know, what did you make of the candidates . Are you confident one of them could steer the uk economy and the uk out of europe . Get in touch, use the hashtag bbc biz live. Hello and welcome to business live. We start with global trade tensions and geo political uncertainty. Its playing on the minds of the worlds top central bankers this week. The most important the Us Central Bank will tell us later today if it plans to cut the cost of borrowing to shelter its economy from the fallout. This week, the us Federal Reserve, bank ofjapan and bank of england all tell us the direction of rates. W