At the start of Monday's US trading hours, US 500 stock index reached all-time-high levels, as the day was started with a 0.42% surge.
MasterCard revealed on Monday that US holiday retail sales had increased by 8.5%, as online shopping grew.
As flights were being cancelled globally due to the spread of new coronavirus variant, crude oil prices declined.
On Monday, stock indices in Asia declined, as worries about the Omicron variant were blamed for ongoing price action.
This week, the Chinese government announced that it puts hopes on the US in regards to the creation of conditions for an expansion of trade between the two countries.
On Thursday, Tencent revealed that the company would pay out $16.4 in dividends via a distribution of the company's stake in JD.com.
The Chinese government announced this week that it would implement policies to help exporters during a potential decline of global trade.
On Friday, the Japanese government was set to reveal the country's biggest annual budget of 107.6 trillion Yen. The spending is set to counter the Covid19 pandemic.
This week, the Bank of Japan Governor Haruhiko Kuroda stated that a weak Japanese Yen could hurt the local consumers.
This week, the ECB Governing Council Member Robert Holzmann stated that the European Central Bank could raise rates at the end of 2022.
This week, global risk assets surged in value. The surge was attributed to a change in sentiment, as Omicron fears receded.
On Wednesday, Moody's rating agency assigned the top AAA credit rating to Apple, as the company had shown promises of growth.
This week, Wells Fargo announced that the bank would delay its planned return to work from offices due to the surge of Omicron cases.
On Wednesday, the President of Turkey Tayyip Erdogan stated that the government had stopped the speculative games run by domestic and foreign forces.
On Wednesday, the stock price of Airbus surged by 4.01% or 4.28 EUR. The stock price surged above the previous December high level and reached levels not seen since November.
During the first hours of Wednesday's US trading hours, the stock price for Tesla surged by 7.60% or $71.32. The surge was attributed to news that the company had submitted documentation for the creation of its new factory near Berlin, Germany.
This week, General Mills announced that the company would raise its annual sales forecast, as snack, cereal and baking product demand had increased.
US car safety regulators revealed this week that they had started a formal investigation into the safety of 580,000 Tesla cars due to the option of games to be played on the central touchscreen.
Data published this week revealed that the US quarterly current account deficit had increased to a 15 year high level.
This week, an EU court ruled that passengers in Europe would be entitled to compensations, if airlines would bring a flight forward by at least one hour.
Reuters reported on Tuesday that Apple supplier Foxconn had shut down its plant in India for the whole week due to protests about food poisoning.
This week, the European Union passed new rules that would create a nine month validity period for coronavirus vaccines.
On Monday, the World Trade Organization announced that goods trade decreased in the third quarter of 2021 due to Omicron risks.
This week, the Chinese government was set to announce its 2022 GDP growth target. Markets expect a downwards revision of GDP growth.