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Anna a very warm welcome to the program. This is our flagship europe show. Lets talk about what we heard from the fed and what that has done to the dollar. The the dollar the big beneficiary from what we heard from the fed. How the changing expectations from the fed around Interest Rates in 2017 have pushed up the dollar index. The rate went up 2. 75 percent as expected at the fed. The fed also signaling that the economy is strong and will improve and taking what some of our colleagues have called a victory lap. Lets put up the risk radar and on variousere we are asset classes. Weve seen reaction aplenty to what we heard from the fed yesterday. To reiterate what we heard about the dollar, this is the bloomberg u. S. Dollars stop index. What a of focusing on stronger u. S. Economy does to a Global Economy, the preoccupation is on what a strong dollar does to some of the corpor ....
Meitu announced on Sunday in a filing with the Hong Kong Stock Exchange that the company's net loss for the first half of the year could range between $41 million and $52.3 million, more than double what it recorded for the same period the previous year. Meitu blamed the escalating losses on the plummeting value of its cryptocurrency assets. The company’s loss in percentage was increased from 99.6% to 154.1% which surely puts the company in a pitiful situation. ....