Sentiment Dives on Covid Woes, JPY Benefits
Risk aversion was prevalent is the Asia-Pacific session, after WHO warned yesterday about a new COVID-19 variant, with the Japanese Yen emerging as the main beneficiary
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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Risk aversion was prevalent is the Asia-Pacific session, after WHO warned yesterday about a new COVID-19 variant, with the Japanese Yen emerging as the main beneficiary
Various members of the US central bank have been making hawkish remarks lately, fueling the Dollar’s advance, while yesterday’s minutes form the last policy decision were also on the hawkish side
The pair has entered its fourth losing week and extends its losses today, despite some containment of the US Dollar’s strength
News of agreement for a three-party coalition on Wednesday, provided support to the German Index, but today’s economic data are not helpful
The Chinese firm reported its latest quarterly earnings on Tuesday, after the Hong Kong stock market closed, with the results disappointing investors and pushing the stock lower today
The pair has clearly been having a very bad month, with Fed/ECB monetary policy divergence being a key driver, registering today new 2021 lows
The pair rose to its highest levels since March 2017 during the Asia-Pacific session, but has since declined, weighed by the slide in US Bond Yields
The Reserve Bank of New Zealand (RBNZ) hiked rates for a second time in a row, bringing them to 0.75%, but the pair reacted lower, as the move was largely expected
The Chinese electric vehicle maker released solid financial results for the third quarter, earlier today, with the stock rallying at the beginning of trading in the US
The US President announced that the Department of Energy will make available 50 million barrels of oil from the Strategic Petroleum Reserve (SPR)
Zoom announced its financial results for the third quarter of Fiscal Year 2022 on Monday November 22, after US markets had closed
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