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Stocks in Asia traded mostly higher at the beginning of a new week. Nikkei gained 0.76%, S&P/ASX 200 moved 0.35% higher while Kospi dropped 0.20%. Indices from China gained
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DAX futures point to a higher opening of the European cash session today
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According to Reuters report some companies in the Chinese Zhejiang region started to suspend production due to coronavirus restrictions being reimposed
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According to South Korean media, United States, South Korea, China and North Korea has reached an agreement in principle to end the Korean War
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UK Prime Minister Johnson announced the Omicron emergency. On the other hand, New Zealand Prime Minister Ardern announced that restrictions in Auckland will be loosened on December 30, 2021 and the next review of policies will be made on January 17, 2022
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US President Biden declared disaster in Kentucky state where tornadoes have led to the death of at least 80 people last weekend. Declaration paves the way for deployment of more federal resources to the region
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Iranian chief negotiator said that there was good progress made during the most recent nuclear talks
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South Korean exports increased 20.4% YoY during the first 10 days of December. Imports were 42.3% YoY higher
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Japanese machinery orders increased 3.8% MoM in October (exp. 2.2% MoM)
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Cryptocurrencies trade little change after the weekend. Bitcoin trades near $49,000 mark
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Gains can be spotted across commodity markets with precious metals, oil and industrial metals trading higher
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AUD and CAD are the best performing major currencies while CHF and EUR lag the most
WTI (OIL.WTI) continues to rebound at the beginning of a new week. Crude price is currently testing the lower limit of the earlier-broken upward channel in the $76.50 area. Improved risk moods can be spotted on both equity and commodity markets on Monday. Source: xStation5
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