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Evergrande Surprise, Trump's New Truth, Phunware Fun, Bitcoin Weirdness

Stephen Guilfoyle in his Market Recon column writes about Evergrande Group's surprise bond payment, Donald Trump's new social media alliance with Digital World Acquisition Corp. (DWAC), a big jump in app developer Phunware (PHUN), weirdness in Bitcoin trading and disappointing result from Snap Inc....DWAC
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RBI Governor Shaktikanta Das Monetary Policy Committee (MPC) Keeps Repo Rate Unchanged At 4% For Eighth Time To Revive Growth

The Reserve Bank kept the key benchmark rates unchanged for the eighth consecutive time and promised to maintain the status-quo on rates "as long as necessary to revive growth." The repo rate is unchanged at 4 per cent and the reverse repo rate is steady at 3.35 per cent, the RBI Governor Shaktikanta Das said at the end of the bi-monthly Monetary Policy Committee (MPC) review meeting that started on Wednesday.
Shaktikanta Das Fitch Ratings Markit Services Monetary Policy Committee Reserve Bank Services Purchasing Manager Index
Source: ndtv.com

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