MARKET UPDATE

Today :22/11/21

Euro slides as Austria’s fourth national COVID-19 lockdown begins

The euro fell on Monday to trade close to a 16-month low on growing concerns over the impact of new COVID-19 restrictions in Europe, with Austria starting a full lockdown and Germany considering following suit.

 

Dollar Edges Higher; Fed Minutes, Chairman Choice in Focus

The dollar traded higher Monday, testing the highs of last week as the euro suffered from growing anxiety over the impact of surging Covid-19 infections in Europe.

 

Some Chinese banks told to issue more loans for property projects 

Some Chinese banks have been told by financial regulators to issue more loans to property firms for project development, two banking sources with direct knowledge of the situation told Reuters on Monday, in efforts to marginally ease liquidity strains across the industry.

 

Euro zone banks still missing ECB’s climate risk goals

No big euro zone lender meets the European Central Bank’s climate risk management goals, the ECB said on Monday, just months before it is due to run the biggest climate stress test to date.

 

 

Stocks stalled euro squeezed as COVID fears return

Stocks made a wobbly start to the week while oil and the euro were under pressure on Monday, as the return of COVID-19 restrictions in Europe and talk about hastened tapering from the U.S. Federal Reserve put investors on guard.

 

Euro zone banks still missing ECB’s climate risk goals

No big euro zone lender meets the European Central Bank’s climate risk management goals, the ECB said on Monday, just months before it is due to run the biggest climate stress test to date.

 

Source: Investing.com

 

 

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