Market News

ZFX - Global stocks stalled at two-week highs on Thursday as increased restrictions in some parts of the world to contain the Omicron coronavirus variant dampened optimism following the encouraging news on the vaccine front. European stock markets opened higher, but far from Wednesday's highs, US stock futures were mixed and Japan's blue-chip Nikkei stock index slipped nearly half a

ZFX - Keeping its key interest rate on hold, The Bank of Canada had created a "new uncertainty" despite widespread inflation and was warned of the Omicron coronavirus variant. Canada's central bank kept the key interest rate at 0.25% and maintained that the economic sluggishness will be absorbed in 2022's "mid-quarter", setting the stage for the first rate hike after April. Noting that

ZFX - Data from a major medical center that is monitoring Omicron infections in South Africa shows that despite a sharp increase in numbers, patients' symptoms were relatively mild. A preliminary report shows that from November 14 to November 29, Steve Biko and Tshwane Regional Hospital received a total of 166 patients and currently 42 patients are in isolation in the COVID-19 ward. Most of the

ZFX - Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), and Ether (ETH) will be the gifts of choice for Americans, a new study has revealed by crypto lending firm BlockFi. A survey conducted in October among more than 1,250 US residents, BlockFi’s “Real Talk: Happy HODLdays” found that nearly one in 10 Americans would give crypto to their loved ones as a holiday gift. Bitcoin is the

ZFX - Studies show that the Pfizer vaccine can only partially protect against the Omicron variant. The Omicron variant of the coronavirus could partially evade protection from two doses of Pfizer Inc (NYSE:PFE) and partner BioNTech's COVID-19 vaccine, the head of laboratory research at the African Health Research Institute in South Africa said Tuesday. However, research shows that blood from

ZFX - Australia's central bank kept interest rates at 0.1% on Tuesday and stuck with its bond-buying plans, resisting pressure to follow its US counterpart in earlier stimulus cuts. Concluding the last policy meeting of the year, the Reserve Bank of Australia's (RBA) Board noted the emergence of the Omicron variant, but was confident it would not derail a speedy economic recovery. Most

ZFX - The World Health Organization's regional office for Europe issued a warning last week that the new COVID-19 outbreak in more than 50 countries in the region was cause for concern, and that the eurozone was once again becoming a major concern in becoming the "center" of the epidemic. Office director Klug pointed out that inadequate vaccination coverage in some countries and the relaxation

Harga minyak memperpanjang kenaikan pada hari Selasa dari rebound hampir 5% sehari sebelumnya karena kekhawatiran tentang dampak varian virus corona Omicron pada permintaan bahan bakar global mereda sementara pembicaraan nuklir Iran terhenti, menunda kembalinya minyak mentah Iran.

ZFX - In our Forex Fundamentals this week, we're going to have a very busy week as we have the RBA and the Board of Commissioners rate decisions, plus the U.S. CPI release! What do analysts expect from each top-level event? Key Economic Events: RBA rate statement (7 December, 22:30 GMT+7) Australia's central bank is widely expected to keep rates at 0.10% once again. Despite some notable

ZFX - The UK economy looks set to grow more slowly than previously thought throughout 2023 due to global supply chain issues, as well as the role the government should play in encouraging long-term business investment, the employers group said. The Confederation of British Industry (CBI) cuts its forecast for economic growth to 6.9% in 2021 and 5.1% in 2022 from previous forecasts of 8.2% and