2021-01-04 08:21:26
Hello) Media and markets review
Oil Climbs Above $49 Before OPEC+ Meeting on Production Levels
Benchmark indexes in the United Arab Emirates climbed the most in the Middle East, tracking global stock rallies on optimism surrounding the rollout of coronavirus vaccines.
Indexes in Oman and Israel also rose, while the main gauges in Egypt and Qatar were unchanged. The Tadawul All Share Index in Riyadh dropped the most in the region, with 20 out of its 21 sectors declining. Markets in Kuwait and Bahrain were closed for a public holiday.
Last week, emerging-market stocks advanced to the highest level since 2007 amid optimism over the vaccines and as a slide in the dollar boosted risk assets.
The UAE reported 1,590 virus cases on Sunday, down from a record-high the day before. The Gulf nation has approved the shot developed by Pfizer Inc. and BioNTech SE, as well as the one by Sinopharm unit China National Biotec Group.
#NIKKEI 27270 - correcting downward. They will give the opportunity to buy with a good price)
For the foreign exchange market, the most significant today will be the PMI news pool from around the world. We already know that the index of business activity in the manufacturing sector of China (PMI) for January from Caixin (Dec) 53 against 54.9 in December. It means that US dollar may go up a lil bit on that kind of news
Bitcoin has almost caught up with Tesla in market capitalization. Price #BTCUSD $ 32,200 by 7 am MSK
Gold closes the best year in the last decade: the depreciation of the dollar and rising inflationary expectations helped it show the best dynamics since 2010. The current price of gold ~ $1922. Resistance levels $1931 and $1961
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