Monthly Archives: November 2021
US inflation expectations have fallen for the third consecutive day, testing the lowest level since November 5 at the end of the North American session on Monday
Written on November 30, 2021 at 2:31 am, by wangwenshuai
Market Focus The US stock market rebounded moderately this Monday, with the S&P 500 index rising about 1.32%. Fearing that the newly discovered variant of Covid-19, which has been given the omicron designation, will trigger travel restrictions and global lockdowns, damaging global growth prospects, the index fell 2.3% on Friday to close below 4600 points.Continue Reading
Commodities plunged harshly amid the American trading hours, especially crude oil, which was down more than 10%
Written on November 29, 2021 at 3:17 am, by wangwenshuai
Market Focus Global equities plummeted on Friday, with a new COVID variant discovered in South Africa raising concerns that new lockdown policies could be imposed, hindering the recovery of the economy once it gets widely spread. In Asia, Japan’s Nikkei 225 dropped 2.53%, and Hong Kong’s HSI slumped 2.67%. In the US, Dow Jones slidContinue Reading
The Eurozone’s October inflation rate has hit a 13-year high of 4.1%, well above the European Central Bank’s 2% target
Written on November 26, 2021 at 2:54 am, by wangwenshuai
Market Focus The Eurozone’s October inflation rate has hit a 13-year high of 4.1%, well above the European Central Bank’s 2% target, prompting some investors to bet that the European Central Bank will raise interest rates next year. But the Council of the European Central Bank believes that many of the factors driving inflation higherContinue Reading
