{"id":55882,"date":"2021-11-30T18:23:51","date_gmt":"2021-11-30T14:23:51","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=55882"},"modified":"2021-11-30T18:23:56","modified_gmt":"2021-11-30T14:23:56","slug":"market-drivers-european-session-30-11-2021","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/market-drivers-european-session-30-11-2021\/11\/30\/market-updates\/","title":{"rendered":"Market Drivers \u2013 European Session 30-11-2021"},"content":{"rendered":"\n<p>The entire market was focused on Coronavirus mutant headlines statements of Moderna. The World Health Organization has warned of a very high risk of infection from Omicron, as some countries have already tightened border controls. However, US President Joe Biden said the US would not restore lockdowns, giving investors&#8217; confidence a slight boost.<\/p>\n\n\n\n<p>The dollar fell on Tuesday morning in Asia, above a one-week low over the previous week, as fears that a new alternative to the Coronavirus, Akron will derail the US economic recovery and delay the US Federal Reserve interest rate hike.<\/p>\n\n\n\n<p>The US dollar index, which measures the US currency against a basket of other currencies, fell 0.21% to 96.135, and the index rose from the lowest level of 95.973 recorded on Friday, when it suffered its largest one-day decline since May 2021.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The annualized Eurozone Consumer Price Index (CPI) jumps by 4.9% in November, surprising markets to the upside while higher from the previous rise of 4.1%, the latest data published by Eurostat showed on Tuesday. The consensus forecast was for a drop to 3.7%.<\/p>\n\n\n\n<p>Canada&#8217;s Real Gross Domestic Product (GDP) expanded at a monthly rate of 0.1% in September, data published by Statistics Canada showed on Tuesday. This reading was in line with the market expectation for a growth rate of 0.1% MoM.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The entire market was focused on Coronavirus mutant headlines statements of Moderna. The World Health Organization has warned of a very high risk of infection from Omicron, as some countries have already tightened border controls. However, US President Joe Biden said the US would not restore lockdowns, giving investors&#8217; confidence a slight boost. The dollar &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6928,6911,6864,6837],"class_list":["post-55882","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-euro","tag-europe","tag-european-stocks","tag-eurozone"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=55882"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55882\/revisions"}],"predecessor-version":[{"id":55883,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/55882\/revisions\/55883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52585"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=55882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=55882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=55882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}