The overnight session followed a comeback on Wall Street that saw the blue-chip Dow gain nearly 650 points.
Archiv für den Monat: Dezember 2021
Stocks making the biggest moves midday: American Airlines, Kohl’s, Lucid Group and more
These are the stocks posting the largest moves in midday trading.
U.S. natural gas plummets more than 10%, following worst week since 2014
Natural gas futures are down more than 40% since October’s high.
MongoDB shares jump as revenue growth accelerates
While MongoDB continues to spend heavily in a competitive market, it’s raising expectations for the quarter ahead.
ECB’s Kazimir: It is important we do not tinker with APP purchases
ECB should not make too long commitments on asset purchasesAPP will be the key instrument in the futureMedium-to-long-term inflation risks skewed to the upsideECB should be wary of premature tighteningI reckon he’s mentioning that they shouldn’t be tweaking APP purchases yet. Because reading his ot
The Worst-Case Scenario for Bitcoin
On Monday, along with rising risk appetite in global markets, buying interest in cryptocurrencies returned. The cryptocurrency fear and greed index added 9 points to 25 overnight. This is still an area of extreme fear, but recent dynamics of the largest coins indicate that this is now the moment for
Eurozone Q3 final GDP +2.2% vs +2.2% q/q second estimate
Final GDP +3.9% vs +3.7% y/y second estimateNo change to the headline reading, with a slight revision higher to the annual estimate. The report here doesn’t signify much as the focus is on the outlook considering the latest set of economic challenges.
Germany December ZEW survey current conditions -7.4 vs 5.0 expected
Prior 12.5
Outlook 29.9 vs 25.3 expected
Prior 31.7
Outlook 29.9 vs 25.3 expected
Prior 31.7
The headline reading turns negative for the first time since June as German economic sentiment deteriorates. Supply bottlenecks, surging inflation pressures, and added virus concerns make for a potent combo in hurting the outlook
USD/JPY grinds to a one-week high but upside momentum still limited
The grind higher comes amid a more positive risk backdrop as omicron fears are cast aside temporarily. That is also allowing for higher Treasury yields, further buoying yen pairs in general.
Scant data continues to reveal that omicron may be more transmissible than delta but is perhaps less severe.
Scant data continues to reveal that omicron may be more transmissible than delta but is perhaps less severe.