Global Stock Market

The pandemic remained a major force influencing growth in the US economy in 2021. But as vaccinations picked up and stay-at-home orders began to be lifted, the economy took considerable steps to recove throughout the year.Despite being behind pre-pandemic levels on many major metrics, on other metrics, and notably on …

Data released on Tuesday showed Retail Sales rose in Canada 1.6% in October, above expectations. According to analysts at the National Bank of Canada, the rebound at car dealers helps lift retail sales further above pre-crisis level. Analysts also see October’s retail sales report heralding a strong end of the …

European stocks tracked a global market rebound Tuesday, boosted by hopes that vaccines will work to stem the tide of surging omicron cases. However, a brewing energy crisis appeared to loom with a key Russian pipeline reversing course and raising questions about whether politics were behind the reversal.The Stoxx Europe …

UK Prime Minister Boris Johnson is set to make an announcement on whether or not England will go into a circuit breaker lockdown or not within the next 48 hours, according to The Sun newspaper. The UK government has so far resisted imposing new restrictions ahead of the holidays even …

The Euro seemed to take a hit in wake of the day and EUR/USD fell to session lows. The Eurozone Consumer Confidence index fell to -8.3 in December from -6.8 in November according to the flash estimate released by the European Commission on Tuesday. That was below expectations for a …

European stock prices rose on Tuesday after a massive sell-off in the previous session, with a jump in shares of commodity-related companies offsetting concerns about the spread of the coronavirus mutated omicron. The pan-European STOXX 600 index rose 0.9 percent by 0821 GMT, with mining and oil stocks leading the …

Tesla slid 3.5% on Monday, closing at USD 899.94. That put the shares below where they had closed right before the $4.2 billion Hertz deal was revealed on 25 October.The shares which peaked on 4 November was down 21% in December, poised for the worst month since the pandemic erupted.Hertz’s …

US shares are lower on the first trading day of the new week. The S&P 500, Nasdaq 100 and Dow all down more than 1.0% on the session. Shares’ performance comes amid fears about the rapid spread of the Omicron.The S&P 500 gapped below the 4600 level on Monday and …

China’s central bank cut its main interest rate for the first time in 20 months, as authorities step up efforts to boost the economy that has been hit by pandemic-related curbs, a real estate slump and an unprecedented crackdown on private enterprises.The People’s Bank of China on Monday lowered its …

European shares fell amid a global sell-off as investors worried about the prospects of restrictions affecting the global economy with the increase in cases of the new mutated Omicron from the Coronavirus. The pan-European Stoxx 600 index fell 2.3 percent to its lowest level in more than two weeks. The …