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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, valu ....
Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed ....
Over the weekend an i. T. Firm said foot traffic in tokyo remained unchanged from a week earlier. Thats based on mobile phone data gathered with users consent. But there are far fewer visitors in Tourist Spots outside the capital compared to the november 23rd long weekend. The number of people was down 38 in china town south of to tokyo. People are also getting prepared for the new year holiday season. A shrine is selling new years lu lucky charms earlier than usual. I thought it would be better to visit now than over new ye s years. It will be so crowded and we need to be mindful of others. We cant aany infections from shrine, so i want people to visit between december and february so we dont see crowds over new years. Officials reported 1,425 new cases across the countrien on monday. More than 149,000 people in japan have been infected since the pandemic began. Over 2,100 people have died. The price tag of the tokyo listens and p ....
Plan, but Republican Leaders warned the gap remains wide. Mitch mcconnell says the plan contains poison pills. Bloomberg economics cuts its growth forecast for japan, saying the recovery is weaker than expected. This hour brings a survey showing what business thinks. We are getting breaking news crossing the bloomberg. President trump has moved to sign an order which would expand u. S. Mining, citing a threat from china. President trump has moved to expand rare earth mining in particular according to an official. We know china has in recent years have a huge presence when it comes to rare earth mining, which is used from everything from cars to mobile phones. Officials say President Trump has moved to expand rare earth mining for the u. S. There is a political element where union votes will be key going into the election. We will get you more details as they get to us. L ....
Will be treated in their official residence. Trump underwent tests for the virus after one of his top advisers reportedly fell ill during a Campaign Stop on wednesday. Hope hicks traveled with trump to cleveland earlier this week for his debate against democratic candidate joe biden. The coronavirus has been a central issue for the campaign as the United States has become the worlds biggest hot spot. More than 200,000 people there have died. Trump has been criticized for down playing the impact of the disease. He said in february its going to disappear one day like a miracle more recently hes been reluctant to call for people to wear masks despite repeated requests from experts. Following his diagnosis trump tweeted he and Melania Trump have already begun the Recovery Pr ....