On Wednesday, the stock price of Philips plummeted by 16.00%. The decline occurred, as the company announced that shortages and recalls had impacted profits.
The President of the Cleveland Federal Reserve Loretta Mester stated this week that she would back a US rate hike in March to battle inflation.
During early Wednesday's trading, the price for natural gas clearly passed above the $4.00 mark, as it reached above $4.15. Since December 6, the price had been fluctuating almost sideways between 3.50/3.60 and 4.02/4.04.
On Tuesday, Volkswagen's Skoda Auto revealed that the company had experienced a 12.6% drop in 2021 in global auto deliveries.
This week, the Chairman of the US Federal Reserve Jerome Powell stated that he would stop inflation becoming entrenched into the US economy.
During Tuesday's trading hours, the price for Bitcoin extended its recovery, which started on Monday. On Monday, the price touched the September low level at $39,645.00 and bounced off it.
This week, a World Economic Forum survey revealed that only one in six of members of the thousand member forum expects the global economy to recover.
During Tuesday's trading hours, the prices for crude oil surged, as gains in price benchmarks almost reached 3.00%.
Take-Two Interactive revealed on Monday that the company would acquire Zynga for $11.04 billion.
On Monday, Moderna announced that the company would increase its 2022 sales forecast for the COVID-19 vaccine.
This week, Rolls Royce revealed that due to strong demand in 2021 the company's car sales had hit a record high level.
On Tuesday, the stock price for Deutsche Bank dropped 1.8%, and Commerzbank lost 2.9%. The drop was caused by the US investment firm Cerberus selling its holdings in the two banks.
On Monday, the International Monetary Fund announced that emerging economies should prepare for the incoming Federal Reserve monetary policy tightening.
This week various entities reported that more than 70% of UK manufacturers expect an increase of productivity in 2022.
At the start of Monday's US trading, the stock price of NVidia started the day's trading below the December low level of $271.00.
Chinese aviation regulators recently revealed that they expect international air travel to recover in 2023-2025.
A Reuters poll revealed last week that the Canadian Dollar could gain value in 2022, as Canada recovers from COVID-19.
On Friday, published statistics revealed that retail sales in November in the Euro zone had increased by 1.00%, compared to an expected 0.5% decline.
Daimler has revealed that the company's sales decreased by 5.00% in 2021, as the company sold 2.05 million automobiles.
Data released on Friday revealed that Euro zone annual inflation had increased to 5.00% in December, compared to 4.9% in November.
This week, the Canadian statisticians revealed that the country's trade surplus had increased to a 13-year high level.
On Friday, at 13:30 GMT, US monthly employment data was published. At the moment of the release, the data caused an USD volatility increase.
This week's jobless claims data revealed that new unemployment in the United States had increased by 7,000. Meanwhile, continuous claims grew by 36,000.
This week, crude oil prices surged due to the unrest in Kazakhstan and outages in Lybian production.