Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Investor demand for the US dollar as an emergency currency might be declining thanks to fears of a second coronavirus wave, Deutsche Bank's chief Asia macro strategist told CNBC.
The outlook for the Chinese yuan seems increasingly favourable, Goel said. China's progress in global financial markets and its inclusion in various indexes is helping it gain traction.
"The exit strategy for the US, if anything, looks poorer than it is for the rest of the world," he said.A notorious market bear says inexperienced 'zombie investors' are fueling a stock-market bubble — and warns that even the Fed won't be able to prevent another 30% crash An increase of more than 30,000 new cases in the US on Friday, June 19, represents the country's highest daily total since May 1, according to data from Johns Hopkins University.
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