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Market Drivers – European Session 28-12-2021

The market was quiet due to the Christmas and New Year holidays.

Gold traded in the morning hours at $1809 an ounce, adding nearly $10, while the dollar index is still low and is trading at 96 against a basket of foreign currencies.

The US Treasury yields also recorded a rise of 1.484%, an increase of 0.22%.

US natural gas futures extended gains, after rising at the highest pace in two months, supported by snowstorms in parts of the country.

And futures contracts for January delivery rose 0.3% to $ 4.074 per million British thermal units on the New York Mercantile Exchange, after rising 2.3% earlier.

The futures contracts for US stock indices rose significantly in trading on Tuesday morning, accompanied by a rise in the US dollar index after its decline over the past period since the US Federal Reserve meeting, and all this in light of the ongoing celebrations for the upcoming new year 2022.

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