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BBCNEWS Asia July 2, 2024



why would biden say what a good deal it is before the vote? to think that help it pass? no. so what might this mean for markets here in asia? it s a question i put to fidelity s catherine yeung. how have markets respond to this? they petted data say it. figs how have markets respond to this? they petted data say it. $5 a how have markets respond to this? they petted data say it. they petted data say it. as a result of this tentative they petted data say it. as a result of this tentative deal they petted data say it. as a result of this tentative deal breaking, - they petted data say it. as a result of this tentative deal breaking, it l of this tentative deal breaking, it cements the fact that we are avoiding that more calamitous situation of a us default which would have been absolutely awful for the us economy, but also for increasing and ramping up those global recession risks, as well. but that looks like it s off the table, thank goodness. but that looks like ....

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BBCNEWS Asia Business Report June 4, 2024 22:32:00

Economy. on the growth of the utica dust us econom . . on the growth of the utica dust us econom . ., ., , , ., economy. that ll only be at the mar: in economy. that ll only be at the margin when economy. that ll only be at the margin when it economy. that ll only be at the margin when it comes - economy. that ll only be at the margin when it comes to - economy. that ll only be at the l margin when it comes to growth perspective, it means us policy being less supported over the next few years, but if we had to weigh the benefits over these modest spending cuts, we will take that deal every time because the deal itself has brought a lot of calm to financial markets, it s also meant that the us economy recession odds are not as collating quickly, so those spending cuts will only be modest over the medium term. congress is a big task ahead of them to actually get this passed, and a very divided congress. so have investors started to price in the price it will not need that meet ....

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BBCNEWS Asia Business Report June 4, 2024 22:34:00

Actually scrambled together to get their act together and avoid that default situation. their act together and avoid that default situation. katrina, thanks for “oininu default situation. katrina, thanks forjoining us default situation. katrina, thanks forjoining us on default situation. katrina, thanks forjoining us on the default situation. katrina, thanks forjoining us on the programme. it s been two weeks since tylan poncelet pro democracy party swept the general election. the country s election commission has two months to verify its results, but the longer it takes the more concerns grow over the formation of the next government, and this is already starting to weigh in on the type bot witches falling for the third straight week against us dollar. let s go to our thai economist from oxford economics, thanks forjoining us on the programme. seeing this volatility in the time markets, what concerns you the most? 50 volatility in the time markets, what concerns you the most? ....

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