Home News Market Update – December 19 – Covid outweighs Reopening

Market Update – December 19 – Covid outweighs Reopening

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  • The USD Index It is currently hovering at 104.00 below the bottom, despite the recent rise in Treasury yields. Global Stock Markets were created a Wobbly start The final trading week of 2022 will be the last full trading week. There is the possibility of Interest rates With concerns about the future, and a further increase in inflation next year, there are more reasons to be concerned. China Covid Outbreak. Asian yields dippedWhile US Yields can also be calculated At the lowest possible level Treasuries Ten year is up 3.1 basis points at 3.51%. Asian stocks have remained under pressure, with concern over China’s Covid count also weighing.
  • Officially, China It reported its first deaths due to coronavirus Since the removal of some of the most stringent pandemic control measures earlier in the month.

Chinese authorities warn of three consecutive waves of Covid infections in the coming months. These cases are continuing to increase after the lifting restrictions earlier this month. The booster was only available to people over 80 years old.

  • EUR – up at 1.0640 now & GBP stuck at 1.2160-1.22 area. 
  • JPY – extends lower to 135.80Yen was the largest gainer of today As speculation grows, it is possible that the Bank of Japan (which meets Monday and Tuesday) is looking to change its ultra-dovish stance.
  • Elon Musk asked Twitter Users to…



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