It seems like most of the assets have joined Black Friday's sell-off with global indices, risky currencies, and commodities going down.
December 24: Brexit present for Christmas
We finally got it! According to the relevant sources, the EU and Great Britain are close to the deal like they've never been before! Hurry up to trade the GBP as it's making the way to the skies.
Jerome Powell is getting a second term as chair of the Federal Reserve. Powell is seen as less dovish than Brainard (another nominee). The US dollar should get some support from the possibility of faster-than-expected Fed tapering.
The USD is strong after the comments of the Federal Reserve members. Gold is under the impact of contradictory factors. Watch the video to get trade ideas for EUR/USD, USD/JPY, XAU/USD, and XBR/USD!
The oil prices have declined this week after the new Omicron strain was identified. What should we expect next from oil?
The higher prices seen today are generally related to the pandemic, that’s no doubt. US consumer prices jumped in October at the fastest pace in three decades putting the Biden administration on the defensive and increasing prospects that the Federal Reserve will raise interest rates next year. Jerome Powell says Fed will discuss speeding up bond-buying taper at the December meeting. What does it mean for markets?
On Friday, November 26th markets got absolutely destroyed by a new covid strain called Omicron, which was found in South Africa…