NZD/USD Rises After Wall Street Surge. Evergrande Risks Linger
The New Zealand Dollar rose versus the US Dollar as Wall Street stocks surged on fading Omicron risks. Meanwhile, China’s Evergrande takes measures to address defaults amid turbulency.
The New Zealand Dollar rose versus the US Dollar as Wall Street stocks surged on fading Omicron risks. Meanwhile, China’s Evergrande takes measures to address defaults amid turbulency.
AUD/USD may stage a larger recovery over the coming days as it clears the opening range for December ahead of the update to the US Consumer Price Index (CPI).
The Nasdaq 100 Index retreated Thursday as markets cast their attention to Friday’s key inflation data.
Companies with the highest representation of women on their top management teams experienced better financial performance than companies with the lowest.
The update to the US CPI may keep USD/CAD afloat as evidence of higher inflation puts pressure on the Federal Reserve to normalize monetary policy sooner rather than later.
The Euro remains plagued the by the pandemic, as slowed growth and high inflation leave the ECB in a bind.
Stocks are in the midst of a massive rally right now, coming in stark contrast to the fear coursing through equities last week.
Congress called for executives from Coinbase, Circle, FTX and more to explain the virtues and threats presented by the crypto currency market.
Oil prices tease key levels as demand and supply battle for the upper hand.
An already underperforming Pound Sterling has been hit by the UK gov’s enhanced restrictions dubbed “Plan B”. Key Technical levels considered.