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.
On Tuesday, the price for light crude oil reached below the $67.50 level, as the commodity price resumed its decline. Previously, crude oil prices plummeted on Friday, as a new coronavirus variant, Omicron, was revealed.
CNBC reported on Monday that the CEO of Twitter Jack Dorsey could soon step down from his post.
During Tuesday's early US trading hours, the price for Ethereum had returned to trading above the $4,600.00 level. In general, the price for the crypto had surged more than 15.00% since November 28 trading.
On Monday, the President of China Xi Jinping announced that a new institution would be set up, which would provide the African financial sector with a $10 billion credit line.
Reuters revealed on Monday that this year's Cyber Monday sale is expected to create online sales of nearly $11.3.
This week, stock prices of Macau casino's dropped, as 11 people were arrested in the city due to allegations to money laundering and cross-border gambling.
During Monday's trading hours, the Swiss Franc reached a six years high level, as it was revealed that the Swiss National Bank was no longer stopping the surge of the national currency.
On Monday, Nissan revealed that the company would invest $17.6 in electrification over a span of five years.
During October, retail sales had increased in Japan by 0.9% on a year-on-year basis. The surge was attributed to higher oil prices.
On Monday, Asian oil refinery margins indicated that the market participants expect the new Omicron coronavirus to decrease global oil demand.
During Monday's Asian trading hours, the futures for US stock indices moved higher, as the new coronavirus variant sell off had ended.