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, valuation. We believe that emfx is undervalued and conditions should be conducive to pushing them into overvalued te
Impact its going to have on markets plus one of the major giants in the kobe 1000. 00 vaccine race has hit the brakes probably an unexpected event in trials we bring you up to speed on the slowdown and where the world stands in the sport for a cure and major markets for major major Global Regulators have come to an agreement on road rules for Digital Currency moving forward later on well have an indepth in tech and now with this with a packed show today so lets dive right in. And we lead the program with the International Monetary fund lightly more positive outlook for the Global Economy in the wake of the kobe 1000. 00 pandemic now according to the i. M. F. The Global Economy is now projected to shrink by 4. 4 percent this year and upward revision from junes us that of 4. 9 percent contraction now the organizations chief economist spoke about the factors which caused the upward revision during a briefing tuesday. As a result of. Eased lockdowns and Rapid Deployment of blood money in f
International Monetary Fund the slightly more positive outlook for the Global Economy in the wake of the kobe 1000. 00 pandemic now according to the i. M. F. The Global Economy is now projected to shrink by 4. 4 percent this year and upward revision from joins us from it of 4. 9 percent contraction organizations chief economist spoke about the factors which caused the upward revision during a briefing tuesday. As a result of eased lockdowns and Rapid Deployment of both monthly and fiscal policy support. The ones hes coming back from the depths of his collapse in the peak of this crisis which was the 1st half of the. Employment levels have partially rebounded after having plummeted to historically knows. That said this crisis is far from over. The ascent out of this calamitous Great Lockdown is like. To be long and even highly uncertain it is therefore essential a tricycle in Monetary Policy support and not treatment surely would draw on as best possible the i. M. F. Also altered its pr
We . President trump threatened to release the full tape of his 60 minutes interview before the edited version and sunday night. He wants to show the leslie, interviewer was hostile and dismissed allegations of hunter biden as unverified. The media stacks the deck against the president. 60 minutes also interviewed joe biden. I wonder if he was asked about the emails which are being confirmed by fox that suggest china paid off the bidens with millions of dollars. So far he has not answered those questions publicly. He should because we may be electing a president under the influence of chinese money. Theres another court ruling that could they an election result in North Carolina absentee ballots may be counted 9 days after election day so long as they were mailed by november 3rd. Pennsylvania counted the count deadline by 3 days. Bottom line, if its close theyll be a delay. And if theres a delay, itll be contested and thats when things getting usually. Its time we dealt with your money
A reminder for up to the minute developments this whedons they are twitter pages well worth a follow on ill be here with all the latest news and views gathered from across the globe in 30 hope youll join me venting. This is boom bust for the one business show you cant afford to miss branch of war in washington coming up the year of economic turn or the turmoil has seen a slight turn for the better at the International Monetary fund has revised its 2020 Global Outlook straight ahead were going to analyze the new report and what impact its going to have on markets plus one of the major giants in the kobe 1000. 00 vaccine race has hit the brakes probably an unexpected event in trials we bring you up to speed on the slowdown and where the world stands in the sport for fear and major markets are major major Global Regulators have come to an agreement on road rules for Digital Currency moving forward later on well have an indepth in tech analysis with a packed show today so lets dive right i