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BBCNEWS Asia July 2, 2024



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 ....

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MSNBCW Way July 2, 2024



as part of the 50 nation coalition that president biden has built or whether congress will ignore the lessons we ve learned from history and let putin prevail. it is that simple. it is that stark a choice and we hope congress on a bipartisan basis will make the right choice. that s national security advisor jake sullivan laying out the high stakes of a vote on more aid for ukraine. we ll look at where support stands on capitol hill for president biden s $106 billion foreign aid plan just ahead. plus the latest from the middle east. israel says its troops are advancing on hamas in gaza s largest southern city. but the ground offensive leaves civilians in that part of the territory with few places to seek shelter. and also ahead we ll get expert legal analysis on a supreme court case that involved a family who owned a company in helping to create the nation s opioid crisis. good morning and welcome to way too early on this tuesday, december 5th. i m jonathan lemir ....

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BBCNEWS BBC July 2, 2024



and civilian infrastructure, including hospitals. israeli authorities have denied the who s claim. the israel defense forces are now telling civilians to leave areas around khan younis, a city israel told civilians to flee to for safety earlier in the conflict. our diplomatic editor paul adams has more on the latest on the ground. so israeli ground forces, including tanks, other armoured vehicles and bulldozers, have been operating close to the city of khan younis in the southern gaza strip, the largest city in the southern gaza strip for the last couple of days. and it seems likely that an assault on the city may be coming fairly soon. we are hearing that there are very, very heavy air strikes in parts of khan younis. some of those parts are areas that the israelis have told palestinians to evacuate. there is a very real fear voiced by the un that we may see large numbers of palestinians on the move once again, some of them for their second, third, fourth, fifth time ....

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BBCNEWS BBC July 2, 2024



including hospitals. came in a9. israeli authorities it s been part of my life for 7h years. have denied the who s claim. the israel defense forces jeff says he now misses the missile. are now telling civilians for sian, the 29kg shell had a role to leave areas around in her gardening routine. khan younis, a city israel told civilians to flee to for safety earlier in the conflict. i used to put new plants in, our gaza correspondent rushdi abualouf who is now put fresh, and i d dig in istanbul gave us them with my trowel, this update. and it was the right height very intense israeli for me to bang the trowel onto the bomb air strikes around khan yunis to get rid of the excess earth! tonight, with reports i done it a couple of weeks ago. of israeli tanks are moving i ve done it for 41 years! from the eastern part and the northern part i patted the bomb the thursday morning and wished it good of khan younis. luck! the ornamental ordinance i have seen some footage from th ....

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BBCNEWS Asia July 2, 2024



there are a few things that drive gold and crypto prices higher. the first one is the quality and the second is the us dollar. let s talk about liquidity. easing from china and also from the us, the fed has actually been injecting liquid italy, overnight repo facility. so also from a seasonality perspective, november december actually quite favourable in terms of financial conditions, and indeed the rally, or the fall of interest rates have helped also financial conditions to ease in the past few weeks and hence we ve seen a surge in liquidity in the system and that propels both gold and crypto currencies higher. the next reason is for the us dollar. both gold and crypto currencies is dominated by us dollars. when the dollar becomes weaker that is a tailwind for the causes. given that the market is now pricing in an increasingly probability of cuts are starting as early as april next year, the us dollar has been weakening versus both other currencies including gold and ....

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