TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.
Omicron fears abate, risk assets gain
Wall Street rallied with the Dow gaining over 500 points, while the US dollar dropped as investors bought up risky assets as Omicron fears abated after 3 days of stock market declines.
22 December 2021
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Dollar dips as ‘Build back better’ might not pass
The US dollar fell back from recent highs on news Senator Joe Manchin will not support President Joe Biden’s ‘Build back better’ spending plan. Oil prices bounced off their lows.
21 December 2021
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Omicron lockdown concerns weigh on sentiment
The dollar gained on Friday, while stocks finished the day and the week lower amid rising concern that the spread of Omicron will lead to tighter restrictions. The pound enjoyed its best weekly gain in two weeks.
20 December 2021
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GBP/USD pops after surprise BOE hike
The British pound and euro jumped on Thursday as the Bank of England lifted rates and the ECB signalled an end to stimulus. The Nasdaq dropped as growth stocks sold-off. Early Friday the BOJ kept rates stead in Japan.
17 December 2021
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Fed enacts ‘Turbo taper’
The dollar rallied and stocks dropped before turning around in response to the Federal Reserve speeding up the pace of tapering. Gold dropped on the news as bond yields rose.
16 December 2021
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Gold 2-week low before the Fed
Gold fell to a 2-week low as the dollar picked up, while stocks dropped following data showing stronger than expected producer price inflation in November ahead of Wednesday’s Fed meeting.
15 December 2021
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