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.
A coalition of workers and activists blocked Amazon facilities in the UK and Europe on Black Friday, trying to pressure the company to raise wages, pay more taxes and end environmentally damaging business practices. Amazon employees in 20 more countries prepare for strike or protest.
The Japanese yen and the Swiss franc surged on Friday over the news about a new variant of COVID-19 potentially resistant to current vaccines. The yen leapt as much as 0.56% to 114.68 per dollar, and the Swiss Franc hit a six-year high against the euro jumping as high as 1.0433 per euro.
On Friday oil fell sharply below $77 a barrel after news of a new possibly vaccine-resistant coronavirus strain raised fears over the outlook for demand, causing global markets to sell off heavily. Meanwhile, traders fled to save haven assets - bonds, the yen and the Swiss franc.
The next German government is formulating a 2021 budget to pump over $ 56 billion euros into the climate fund, which could be spent in the coming years to accelerate the transition to a green economy. These plans mean that the government will use up the $240 billion debt ceiling in 2021.
Annual inflation in Brazil rose to 10.73% while consumer prices accelerated 1.17% from the previous month. This is the biggest price rise in nearly two decades and is said to be driven by high fuel prices.
The Turkish lira rose 7% on Wednesday after a historic downturn to to its record low of 13.45 a day earlier, fueled by President Erdogan's defense of rate cuts, but volatility and price spikes continue to worry consumers and investors.