The GBP appreciated against the USD, following the BoE Monetary Policy Report release on Thursday at 12:00 GMT. The GBP/USD exchange currency rate gained 79 pips or 0.59% after the release.
On Thursday, the Economy Minister of Taiwan Wang Mei-hua stated that the global shortage of auto chips would not be the main topic of upcoming talks with the US.
During Wednesday's late trading hours, the price for Ethereum hit a new all-time high at 1,698.11 USD.
The Japanese car maker Mazda Motor Corporation revealed on Thursday that the company expects the global chip shortage to impact 7,000 new vehicles.
On Thursday, Royal Dutch Shell announced that in 2020 the company's profits had declined by 71%.
During Thursday's trading hours, crude oil prices fluctuated near one-year high levels, as OPEC+ had recently announced that it expects an oil deficit in 2021.
On Thursday, the US Dollar resumed its surge, as the US Dollar index broke the resistance of the 91.30 level, which kept the rate down throughout this week.
During Thursday's European trading hours, European stock indices surged and extended a four day rally.
Online trading app Robinhood announced on Wednesday that it would allow investors and traders to purchase shares of GameStop and AMC Entertainment.
According to source knowledge of the matter, McKinsey & Co has agreed to pay $573M to settle claims over their role in the opioid epidemic crisis.
The Chief Executive Officer of the social media platform Parler John Matze said on Wednesday that he was fired by the company's board.
The US Treasury Department announced on Wednesday that Janet Yellen, the Treasury Secretary, would meet with the heads of financial market regulators on February 4.
Ford Motor has made a decision to terminate its plans to form electric car joint ventures together with the Chinese firm Zotye Automobile, according to the US auto giant's statement made on Thursday.
PayPal Holdings topped Wall Street's forecasts for quarterly profit, driven by the coronavirus-related shift to digital transactions and online shopping that boosted annual and quarterly payment volumes to record levels.
On Wednesday, Qualcomm's shares dropped 7.6%, as the company's semiconductor supply constraints affected its sales growth.
During Wednesday's US trading hours, the stock price of Microsoft reached a new all-time high.
Daimler announced on Wednesday that the company would evaluate a separate stock for Daimler Truck.
On Wednesday, the gains in the stock price of Amazon were muted by the announcement of the CEO Jeff Bezos moving on to the position of the Chairman.
Data published by the Institute of Supply Management on Wednesday revealed that the US services sector activity had reached a two-year high level.
On Wednesday, the surge of the US Dollar paused, as the US Dollar Index appeared to have encountered resistance at 91.30.
During Wednesday's US trading hours, crude oil prices reached a one year high level, as OPEC+ revealed that it expects a deficit in the oil markets in 2021.
As Alphabet announced their quarterly earnings, the stock price of the company started Wednesday's trading with a 7.74% gap up.
Mazda Motor is thinking over cutting its global car production by 34K vehicles within February and March amid chip shortage.
Japan's Sony has lifted its full-year profit forecast by one-third due to robust demand for its entertainment products and content, driven by the coronavirus-related global lockdowns.