Daily summary: Wall Street surges as traders returned from holiday
European indices closed near their record highs US500 hit new ATH Goldman Sachs expects three interest hikes in 2022 The final week of 2021...
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Market news
Oil: Oil prices have retreated for the first time in eight sessions. A decline is attributed to the lack of escalation in the Middle East and the return of production in Libya and Iran. WTI crude is approaching $75 per barrel, while Brent crude is testing the $79 per barrel level. Goldman Sachs...
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The oil price is higher again at the start of this week, as the world marks the poignant anniversary of the Hamas attacks on Israel and ensuing crisis in Gaza and now Lebanon. The oil price has surged by more than 10% in recent days as the geopolitical crisis heats up, and Iran and Israel target each...
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Stocks face a mountain to climb in Q4 By Kathleen Brooks, research director at XTB Financial markets are mostly in a risk off mood on Tuesday, as China has stopped its drip feed of stimulus, commodity prices fall, Middle East tensions continue to rage and the surge in US Treasury yields starts...
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European indices closed near their record highs US500 hit new ATH Goldman Sachs expects three interest hikes in 2022 The final week of 2021...
Didi Global (DIDI.US) stock fell more than 4.0% after the Financial Times announced that the China-based ride-hailing company extended the lock-up expiration...
The year 2021 was weak for the gold and other precious metals market. The end of the year is usually good for gold and silver however this time most precious...
WTI crude prices rose over 2% during today's session despite lingering concerns regarding lower demand, caused by the omicron variant. In the...
Upbeat sentiment from the previous week continues today and both the S&P 500 index and the US500 contracts are reaching new record highs. As one can...
US stocks opened higher US500 hovers near all-time high Moderna (MRNA.US) faces shareholders pressure Airlines stocks took a hit due to flight...
Bitcoin reclaims $50000 level Ripple sales rose sharply through 2021 US Senator Cynthia Lummis reveals plans for a cryptocurrency overhaul in 2022 The...
European markets trade slightly higher DE30 tests resistance zone ranging below 15,800 pts Daimler lowers stake in Chinese EV joint...
Moves on the global financial markets are muted following a Christmas weekend. Liquidity is expected to remain depressed until New Year with numerous banking...
European stock markets set to open lower Turkish lira drops 5% against USD Holidays in UK, Canada and Australia European...
Asian indices traded lower at the beginning of a new week. Nikkei and Kospi moved 0.4% lower while indices from China traded 0.1-0.7% lower US...
Sterling is doing very well in the pre-Christmas period and is competing with AUD as the leading G10 currency this week. A latest study from the U.K. says...
EURUSD bounced off the short-term support zone near round 1.1300 level yesterday. The pair managed to climb to the local highs after bouncing off the mentioned...
We can observe low volatility on the forex market during today's session, which is related to the holiday season. Nevertheless, the US dollar is slightly...
Erdogan and his administration decided on a set of measures aimed at stabilizing the situation on TRY this week. This resulted in a strong strengthening...
One should not be surprised to find out that the economic calendar is empty during today’s session. Trading hours during the Christmas period are...
US indices finished yesterday's session higher. The Dow Jones climbed 0.55%, S&P 500 rose 0.62% and Nasdaq added 0.85%. Mixed moods prevail...
Global indexes advance Solid data pack from the US Bitcoin returns above $50000 Upbeat moods prevailed on the stock market today despite limited...
JD.com (JD.US) stock took a hit following news that China-based online retail giant’s largest shareholder, Tencent Holdings (TME.US), will reduce...
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