On Thursday, the German government implemented coronavirus restrictions on the unvaccinated, as the new Omicron variant spreads.
At 13:30 GMT, the publication of the US monthly employment data caused a 40 base point spike on EUR/USD charts. In general, the value of the USD dropped on all USD involved pairs and commodity price charts.
The Bank of America has revealed to the public that US Treasuries have experienced their biggest inflows since October 2020.
During the prior week, the number of new US weekly jobless claims increased 28,000. However, continuous claims decreased by 107,000.
OPEC+ countries agreed this week that in January the group of countries would add additional 400,000 barrels to daily oil production.
On Tuesday, November 30, the stock price of Alibaba passed the 2018 and 2019 low levels at $129.70.
During Thursday's trading, the prices for crude oil reached the $62.20 zone, which marks the start of the May and August low level zone of $61.80/$62.20.
On Thursday, the stock price of Grab jumped by 18%, as the stock began to trade in the US markets.
By the start of Thursday's US trading, the prices for crude oil reached the $62.20 zone, which marks the start of the May and August low level zone of $61.80/$62.20.
The CEO of Stellantis, Carlos Tavares, stated this week that due to pressure to develop electric vehicles, automakers would cut costs on quality and workforce.
This week, the OECD announced that too high inflation would be the main risk to the global economy in 2022 and 2023.
On Wednesday, the US Treasury Secretary Janet Yellen stated to the US Senate that the US $1.9 billion stimulus plan caused an increase of demand, but was a minor contributor to inflation.
On Thursday, the price for natural gas reached into levels not seen since July, as the commodity touched the $4.10 level.
This week, the Chairman of the US Federal Reserve Jerome Powell stated that wages in the US are rising at a pace, which would not create inflation.
During Wednesday's US trading hours, US stock indices recovered, as the previous Omicron driven sell-off appeared to have ended.
On Wednesday, the stock price of Apple surged and approached the $170.00 per share mark. Since October 4, the share price had gained more than 22.00%.
On Wednesday, Japan's Minister of Economic Security Takayuki Kobayashi stated that Japan would increase the pace of launching a digital Yen.
A Reuters poll revealed on Wednesday that European stock indices are expected to reach new record high levels in 2022.
On Wednesday, the stock price for Volkswagen recovered by 4.13%. The price for Volkswagen shares had declined from 208.00 EUR to 160.00 EUR since October 26.
During Wednesday's European trading hours, the price for Natural gas extended its decline, as it reached below the $4.40 mark. Gas prices have plummeted nearly 33.50% since the high level booked on October 6.
On Wednesday, stock indices in Asia sharply recovered from their 2021 low levels. However, the Federal Reserve and Omicron remained in focus.
During Wednesday's Asian trading hours, risk currencies recovered, as the fears of the Omicron coronavirus decreased and risk appetite returned.
During Tuesday's US trading hours, the stock price for Twitter continued to plummet, as the price reached below the $44.00 mark. The decline was an extension of the more than 36.00% decline, which started on October 20.
During the early hours of Tuesday's trading, the stock price for AMD reached above the $164.00 level. The stock price extended its surge to 64.00%, as the share price has been gaining continuously since October 6.