Gozlan: Early Election Call No Surprise

Rafael Gozlan, chief economist at Israel Brokerage & Investment, suggests the early election call has not surprised markets, but hopes tensions with Iran remain low, as there are plenty of domestic and global trading issues currently on the agenda. He spoke with Maryam Nemazee on Bloomberg Television's "The Pulse" on October 11.

New Dawn for China as Yuan Joins Majors
27:59 - The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the strides China has made integrating into a global economic system dominated for decades by the U.S., Europe and Japan. The yuan weakened in offshore trading amid speculation China’s central bank will rein in intervention. PBOC Deputy Governor Yi Gang said at a briefing the long-term goal is for very few interventions, adding that bigger two-way fluctuations are normal.
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