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and also crypto prices higher. specifically, i think two factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. now, let s talk about liquidity i think in the past few weeks we have seen actually easing from china, and also from the us, the fed has been injecting liquidity through running down its overnight repo facility. also, from a seasonality perspective, november, december tends to be actually quite favourable in terms of financial conditions. indeed, the rally in bonds or the fall of interest rates have helped also financial conditions to ease in the past few weeks. hence, we have seen a surge in liquidity in the system and that propels both gold and crypto currencies higher. the next reason is the us dollar. now, of course, both gold and crypto currencies are denominated in us dollars and when the us dollars become weaker, that is actually a tailwind for both asset classes. obviously, as we mentioned, given that the
BitcoinHighsBull-rallyGhost-cityCurrency-crisisSymbolProperty-crisisChinaSouthern-malaysiaTwoHelloPrice crypto prices higher. specifically i think two factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. let s talk about liquidity, i think in the past few weeks we have seen actually easing from china and also from the us. the fed has been injecting liquidity through overnight repo facility. also from a seasonality perspective. november, december tends to be quite favourable in terms of financial conditions. the rally in bonds and the fall of interest rates has helped also financial conditions to ease in the past few weeks. hence we have seen a surge in the liquidity and the system and that propels both gold and crypto currency higher. the next reason is the us dollar. both gold and crypto currencies are denominated in us dollars and when the us dollar becomes weaker, that is actually a tailwind for both asset classes. as we mentioned, given the market is now pricing in increasingly probabilities of cut starting as early as ap
SharesCurrency-crisisSnp-500The-club500TwoHelloPriceBitcoinAsia-business-report6Gold i ll see you back here tomorrow for more supreme court decisions and post debate analysis. chris jansing picks up your coverage right now from atlanta. good morning. it is 11:00 a.m. eastern, 8:00 a.m. pacific. i m chris jansing in for jose diaz-balart, and large here at georgia tech, the site of pretty intense georgia tech matchups, but all the media assembled here waiting for matchup with pressure about as intense as anything we ve seen in a presidential debate. in just a few hours donald trump and joe biden will go head to head for the first time in four years. tonight s face-off marks a critical opportunity for both candidates to shake-up this stubbornly static race between two men in an all-out war for a second white house term. and tonight tonight they mark the most important battle. new polling from just the past 24 hours continues to show a race with no clear leader. poll after poll after poll within the margin of error, so tonight the opportunity to break out not
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Coverage of national and international news, including breaking stories.
gates, and said well, you couldn t have had manafort paying that those attention or you wouldn t have been able to steal so much money. that has to influence the jury. that s a scary statement he made. he s gone way beyond what anybody should have expected of a judge. in the meantime, jill, i notice your pin you re wearing, nixon lodge. that was from his first unsuccessful campaign for president. today is the 44th anniversary of his resignation for obstruction of justice among other things, and while it may foretell the future, it certainly inspired my pin today to remember what happens when you obstruct justice. well, let me ask you about that, because i know you must get asked all the time about sort of the way that these two may be similar and the ways that they may be different. what do you tell people? well i actually think
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