- As trading volumes continued to decline, stocks merged after more US ever-higher prices
- Investors’ optimism is being challenged on the growing global covide issue
- As the treasury rises, the dollar returns to its lowest point
Growing virus issues have put investors on the edge
Markets fell on a positive note on Thursday as investors regularly assessed the risks of the latest COV-19 scandal affecting most countries around the world. The declining liquidity during this slow holiday season has brought some fluctuations, which has added some important joy to the celebration.
Omicron differences are spreading rapidly around the world, pushing the infection to record daily in various countries, including the US, UK, Australia and France. However, all studies indicate that omeprazole is inferior to other species, and now that vaccination rates are so high in all major economies, investors are arguing that stricter restrictions will not be necessary to deal with the epidemic.
However, it is China that has not given up on its zero-copy policy and has taken serious measures to eradicate the virus in Xian. The city is one of China’s largest manufacturing centers, and memory chip maker Micron Technology has warned that a lock in Xian could affect production.
Chip shortages have caused widespread disruption to global supply chains and increased car prices. However, there was some good news as South Korean industrial production rebounded sharply in November and the chip crisis eased.
There are hopes for further policy reform in China, after the government said it would reduce bond spending by 2022.
As the end of the year draws near, another quiet day will come
Traders still seem to be optimistic and the alarming trend in virus numbers is low, although it does not cause unwanted labor reactions. Most of the big players may have closed their seats for the year so the trade seems to have been silenced until the new year.
Shares in China rose sharply, but Japan’s Nikkei 225 failed to consolidate its year-to-day earnings by 2021, falling 0.4%. European stocks joined, and US futures remained positive.
Wall Street resumed Santa’s rally yesterday, with the S&P 500 and Dow Jones closing at new all-time highs. However, the gains were modest and no good feeling was shared in the tech sector, as small-cap stocks downgraded the Nasdaq Composite. Although the Nasdaq 100 still makes small gains.
U.S. Treasury Bills Rise: Seven-Year Treasury on Wednesday Although the weak bidding was mainly driven by many investors during the holiday season, there were still some waves on the productive curve, especially in the 10-year production, which later rose to 1.56 percent.
The dollar is attacking at the end of the year.
However, bond markets remained quiet on Thursday, with higher treasury production less than a dollar overnight, and the US dollar is now bidding.
The green back is on the attack today after yesterday’s sudden flooding and is about 0.3% in terms of cash flow. It continued to break with the US rival, breaking the yen 115 level and falling more than 11 percent year-over-year. Sterling, for its part, has changed its low since it failed to break above $ 1.35 earlier in the session.
The euro is stuck in the known side and will lose more than 7% by 2021. Among commodity pairs, the Australian dollar performed stronger this week compared to its Kiwi and Loni peers, but this year – the worst of the three.