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.
GBP/USD hits new 2021 low
Market action was slow with US markets closed for the Thanksgiving holiday. The US dollar dipped, while European stocks bounced off a 2-week low to finish higher.
26 November 2021
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Dollar rallies on hawkish Fed minutes
Hawkish Fed minutes sent the dollar higher, gold lower and EUR/USD below 1.12 on Wednesday. The New Zealand dollar fell after the RBNZ hiked interest rates to 0.75%.
25 November 2021
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Gold & silver tumble on hawkish Fed bets
Gold and silver prices tumbled on Tuesday after news that Fed Chair Powell would serve a second term ramped up bets for a rate hike next year. Oil prices rallied after the US released strategic reserves.
24 November 2021
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Powell renominated as Fed Chair
Gold sank and the dollar rallied alongside Treasury yields as markets reacted to the relatively hawkish reappointment of Fed Chair Jerome Powell.
23 November 2021
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Nasdaq Comp Breaks 16,000
A rally in tech stocks punished the Nasdaq Composite index over 16,000 for the first time. The euro continues to fall as Austria enters a full national lockdown on Monday.
22 November 2021
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Alibaba earnings miss pulls down Asia
Shares of Alibaba dropped, pulling down China and other Asia markets, which have diverged from Wall Street where the S&P 500 and Nasdaq hit record highs.
19 November 2021
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