'Bloomberg Daybreak: Middle East' Full Show (04/29/21)
"Bloomberg Daybreak: Middle East" live from Dubai, connects Asian markets to the European opens. The show focuses on global macro issues with a Middle Eastern context. Biden declares the US turned the corner on a pandemic that killed more than half a million Americans. In his first speech to Congress he also outlined a broad plan for federal spending and the economy. Treasury yields fall as Powell makes it clear again that the Fed doesn't see a need to remove accommodation any time soon. Apple shares rise, as quarterly sales jump amid demand for 5G iphones. We also hear from Mohamad Hamade, CEO, Amanat, a Dubai-based healthcare & education investment firm on the sale of its stake in Taaleem Holdings, one of the UAE's largest education providers, for 350M dirhams. And: Egypt extends its monetary easing pause again. The central bank is trying to keep local debt attractive to foreign investors as the pandemic hits the key tourism sector. (Source: Bloomberg)