Page 4 - Fosun Yip News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Fosun yip. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Fosun Yip Today - Breaking & Trending Today
Rishaad its going nuts, bitcoin. Im just going to show you what is happening here. 85,000 record, over earlier today. This shows you the progression of bitcoin in terms of gold lasts since november of year. We were trading below one ounce of gold. Now you need 6. 4 ounces to buy one bitcoin. Thats the story at the moment as bitcoin seemingly goes in just one direction. Is it a bottle . . Bubble will it survive the apocalypse doomsday some people have been betting on . Like gold, there is a finite supply of bitcoin. Sales of gold coins from the the most iniding the first three quarters of 2017 in favor of this cryptocurrency. Were even last week we wondering, is this about to come to a really messy end . Investors apparently brushing aside concerns over technology. We did see a drop in gold on account of that rebound of the dollar. To the rest of the markets. The financial markets, if you because we are seeing stocks recover from the recent pullback. Lets go over to sophie. Japanese mar ....
Continuing to spike what the onshore rate this up. 1 . This after the weakest faxing from the pboc since september. Dollar strength, that perhaps could reveal the line in the sand for the pboc when it comes to the yuan and how far they let could signaleat its comforts on. Policymakers have supported the yuan, its rise this year, after its worse annual loss in two decades. As you can see from this chart, the pullback in the onshore yuan , the read is the pboc thinks the rally has gone too far. I want to look at with the hang seng. We have a mixed bag. Ly votto, gaining 1. 6 . Givene automakers lifted plans to liberalize the electric Vehicle Market there. After topping 20,000 for a third day wednesday, some weakness coming through on the hang seng, given that drops among tech players as well as banks. I want to show you whats going this after tencent bought a 5 stake in the Invest ....
,alt inflation raises questions investors want clarity about unwinding the Balance Sheet. Attorney general Jeff Sessions saying claims he colluded with an appalling and lie. Able lik saudi arabia assisting there is no blockade of qatar. In light of Interest Rates going up, yields expected to rise as well. This is the Alan Greenspan conundrum, making another appearance in the treasury market, one that spells lower yields. Cycle, theate hiking 10 year yield slipped, mystifying the former chairman. And inflation appeared to mark a return to that conundrum, especially china, the biggest foreign haver of treasuries, so we money going into the treasury market keeping that rally going despite this environment where the cost of borrowing is going up. Right, lets look at what ....
Growth has picked up slightly this month. Asia is back in the black lit to cheap fuel. D by whats going on in the broader region . Lets find out more. Asian stocks are gaining. Gain, another day of gains thats after four weeks of losses. Asian stocks have been on a tear, getting cues from the u. S. As we saw record highs there. The u. S. Is closed on the holidays for thanksgiving. The nikkei is up. 6 . Data this morning showing that came in line with estimates, another month of deflation for october with the cpi falling. 4 . Seven days of consecutive gains and now near overbought territory on the rsi. The asx 200 of. 4 and data from new zealand showing the trade data narrowed. The kospi, not a lot of movement but remember its been a very brutal last few sessions for emerging markets. We will see how they trade throughout the day. Malaysia is unchanged that remember the ring that has seen quite a beating from the surging dollar. Lets get a check of the dxy. It is surging after taking up ....