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Day: December 24, 2021

European markets mixed as investors monitor omicron developments

LONDON — European markets were mixed in a thin trading session on Christmas Eve, with traders keeping a watchful eye on the latest developments around the omicron Covid variant. London’s FTSE 100 was up 0.1% while the French CAC and Dutch AEX bourses were both flat. Markets in Germany, Italy and Switzerland are closed, and …

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Weekly Economic & Financial Commentary: Fending Off Omicron…for Now

Summary United States: Fending Off Omicron…for Now Consumer confidence improved even as inflation is as high as it has been since the 1980s. Personal spending rose 0.6%, but after accounting for inflation, real spending was flat. While still hot, the housing market came off the boil a bit with both existing and new home sales …

Weekly Economic & Financial Commentary: Fending Off Omicron…for NowRead More

Week Ahead – Markets Wind Down, Mind the Liquidity Gap

As the year draws to a close, liquidity could be in short supply next week. This means that sharp market moves are possible without any news behind them. The economic calendar is pretty light, so the spotlight will remain on Omicron developments and President Biden’s spending promises.  Brief look at 2022 We have already published …

Week Ahead – Markets Wind Down, Mind the Liquidity GapRead More

Nikola shares surge 18% after company delivers its first EV truck, says more to come

Nikola shares jumped 18% on Thursday after the electric truck maker completed delivery of its first vehicle. Loading chart… The surge in the stock came a day after the company announced on Twitter that its first customer delivery is done, signaling more to come. Earlier this week, Nikola said it agreed to pay the Securities and …

Nikola shares surge 18% after company delivers its first EV truck, says more to comeRead More

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