Volatility gripped markets on Friday, sinking the Dow Jones and crude oil as the tech-heavy Nasdaq 100 rose. European lockdown threats are in focus, with a busy in the United States for the US Doll…
Weekly Fundamental US Stocks Forecast: Time to Buy the Dip for Year-End Rally
The end of November and beginning of December is typically one of the best times of the year for US stocks. The Santa Claus rally nears.
Merkel: German COVID-19 situation the worst than it has ever been, tighter restrictions required
Remarks by German chancellor, Angela Merkel
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Moody’s downgrades China’s Aoyuan from B2 to Caa2
The outlook is changed to negative as well
This follows a downgrade to Aoyuan from B1 to B2 on 5 November, with Fitch also having downgraded the property developer last week as mentioned .
This follows a downgrade to Aoyuan from B1 to B2 on 5 November, with Fitch also having downgraded the property developer last week as mentioned .
Bundesbank says it sees German inflation just below 6% this month
Bundesbank comments on the German economy in its monthly update
Nothing out of the ordinary from their remarks and it reaffirms the view that inflation pressures are still at strong levels and likely to keep that way going into the early stages of next year, with policymakers hoping for things to calm down by 2H 2022.
Nothing out of the ordinary from their remarks and it reaffirms the view that inflation pressures are still at strong levels and likely to keep that way going into the early stages of next year, with policymakers hoping for things to calm down by 2H 2022.
Reminder: It will be a bit of a shorter trading week
The Thanksgiving holiday in the US falls on Thursday
And with all the major data flow to hit on Wednesday, there won’t be much to really observe on Friday as well – not least with many North American traders likely to take an extended break through to the weekend as well.
And with all the major data flow to hit on Wednesday, there won’t be much to really observe on Friday as well – not least with many North American traders likely to take an extended break through to the weekend as well.
BOJ reportedly considering making changes to its pandemic-relief programmes
Jiji Press reports on the matter
The Japanese central bank is said to be considering tweaking the funding programmes in which it channels funds to firms hit by the pandemic via financial institutions.
The Japanese central bank is said to be considering tweaking the funding programmes in which it channels funds to firms hit by the pandemic via financial institutions.