Markets worldwide dialled down their risk appetite ahead of some big central bank meetings over the next couple of days.
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Ahead of the 2022 Christmas and New Year holidays, we’d like to inform our clients that some markets will observe an altered trading schedule.
Investors’ sentiment bounces back and forth as U.S. coronavirus infections surged and they weighed the timeline of the roll-out of an effective vaccine.
The global surge in COVID-19 cases fueled demand for safe-haven assets like the greenback. The market sentiment was also sapped by stimulus stalemate.
Investors will be watching for the US payroll data later in the day to confirm whether the U.S. economy is indeed in trouble.