WEEKLY MARKET RECAP: December 6 – December 10 2021
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data…
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MARKET UPDATE
Oil adds to gains as worries over Omicron ease Oil prices rose on Thursday, extending gains into a fourth session on positive comments from vaccine makers about their efficacy against…
MARKET UPDATE
Some hedge funds may have lost millions on bets on China’s Didi Global Several hedge funds may have been bruised by bets on Didi Global Inc, filings showed after the…
MARKET UPDATE
Taiwan Nov exports hit record, outlook good ahead of year-end Taiwan’s exports rose for a 17th straight month in November to a new high as its manufacturers gained from sustained…
European shares rebound after volatile week
Oil stocks helped drive a rebound in European stocks on Monday after sharp losses late last week when fears about the Omicron variant and the U.S. monetary policy outlook weighed…
MARKET UPDATE
Antipodeans find footing after Omicron slide, cryptos lick wounds The dollar edged off last week’s peaks against riskier currencies on Monday, as concerns about the Omicron variant seemed to ebb,…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between December 6th 2021 and December 10th 2021, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: November 29 – December 3,2021
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data…
MARKET UPDATE
Fed’s Mester says Omicron threatens to stoke U.S. inflation – FT The Omicron coronavirus variant threatens to fuel soaring inflation in the United States by further pressuring supply chains and…
MARKET UPDATE
KKR taps Temasek exec to head Asia-Pacific equity investment strategy KKR & Co (NYSE:KKR) Inc on Thursday appointed Mukul Chawla, a managing director at Singapore state investor Temasek, to lead…
Arrest of Macau’s junket mogul rattles the world’s largest gambling hub
The arrest of Macau’s junket mogul is expected to shrink business in the world’s largest gambling hub, with authorities in China this week underlining their intent to crack down on…
MARKET UPDATE
Oil slumps on jitters over vaccine efficacy Oil prices tumbled more than 3% on Tuesday after Moderna (NASDAQ:MRNA)’s CEO cast doubt on the efficacy of COVID-19 vaccines against the Omicron…
Dollar Up, Recovers from Omicron Shock but Volatility Remains
The dollar was up on Monday morning in Asia, with investors slowly regaining their risk appetite after the discovery of the omicron COVID-19 variant. However, caution remained as research continues…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between November 29th 2021 and 3rd December 2021, where we take a look at the economic data, market news…
MARKET UPDATE
Oil Up as Investors Bargain-Search, But Omicron Caution Remains Oil was up Monday morning in Asia, clawing back some of Friday’s losses. Investors went bargain hunting but caution still remained…
MARKET UPDATE
European Stocks Lower, Travel Sector Slumps on New Virus Variant European stock markets slumped Friday, with the travel sector hit hard on concerns a new Covid variant will prompt fresh…
MARKET UPDATE
Tech reboot lifts shares, dollar takes a breather A tech shares bounce carried European equities higher on Thursday, following similar gains on Wall Street and Asia and helped also by…
MARKET UPDATE
U.S. marshals other nations, challenges OPEC+ with release of oil reserves The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from…
MARKET UPDATE
Powell, Brainard nominated as Fed’s 1-2 punch President Joe Biden ended months of speculation over his pick to run the Federal Reserve in reappointing Jerome Powell as chair and promoting…
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…