Nasdaq 100, US Greenback, GBP, Brexit, Fed, Treasury, Thanksgiving
International fairness markets struggled to build up significant upside momentum regardless of what has been constructive Covid vaccine information from Pfizer and Moderna. The previous formally filed its vaccine for emergency use authorization with the FDA. Concurrently, coronavirus circumstances within the US climbed, hitting new data alongside hospitalization charges.
On Wall Street, the tech-heavy Nasdaq Composite outperformed, however positive factors had been very modest this previous week. The US Dollar misplaced floor to most main currencies as longer-dated Treasury yields declined. The latter speaks to fading confidence within the medium-term progress outlook. Crude oil prices outperformed on rising bets that OPEC+ will delay elevating output in 2021.
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