With expectations running high, there’s not a lot of potential for upside surprises and the air could quickly become thin for the stock market
USD regains ground on April inflation figures to outperform low-yielding currencies; EUR/USD meets strong resistance; Gold looks increasingly attractive
Most currency pairs are consolidating ahead of today´s NFP release, with the event likely to determine the short-term direction of the US Dollar.
Weaker than expected NFP print puts USD under renewed pressure; Gold extends gains to hit a recent high as commodities steal the show; GER30 stages recovery
It was a November of the ages, but will it be a December to remember?
Investors revel in the glow of vaccine green lights as multiple candidates come through the Covid-19 tunnel.
With the virus again rampant, lawmakers are left with little choice besides locking down and letting economic danger re-emerge from the dark of curfews.
It would have been chaotic week in any case, but the intensifying pandemic might flip the whole picture upside down for any post-election reflation narrative.
Oil has been struggling in the past few days, as a sharp increase in new COVID-19 cases in some countries - primarily emerging markets - triggered concerns about the global economic recovery and oil demand.