Trading market news

trading market news

European stocks jumped on Wednesday after a second COVID vaccine won regulatory trading market news in the region, while trading market news rose for bigger U. Senate race in Georgia, lead in another pm EST European stocks rose on Wednesday, with economically sensitive sectors such as energy and banks leading the gains, as investors braced for a Democratic win in crucial U.

Senate run-off election in Georgia that could drive bigger fiscal stimulus. Jan 05 Reuters -European shares rallied in the first trading session of the year on Monday, as a landmark Brexit trade deal and coronavirus vaccination campaigns across the continent bolstered expectations of a strong economic rebound.

trading market news

Jan 04 European stocks closed lower on Thursday, ending in the red as tighter coronavirus restrictions in Britain and higher U. Dec 31 S. Korea stocks surge on U.

Senate race in Georgia and hopes of economic recovery. The won fell, while the benchmark bond yield rose.

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Senate seats up for grabs in runoff elections in Georgia, giving the party control of the chamber and boosting the prospects for President-elect Joe Biden's legislative agenda. Senate election in Georgia that would clear the path for a larger fiscal stimulus package.

trading market news

Democrats won one U. Senate race in Georgia and led in another on Wednesday, edging closer to a sweep in a previous Republican stronghold that would hand them control of Congress and the power to advance President-elect Joe Biden's policy goals. Analysts generally expect a Democrat-controlled Senate to be positive for economic growth globally and thus for most riskier assets, but negative for bonds and the dollar as the U.

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As markets priced in the Democrats winning both Georgia seats, the dollar index hit its lowest since March at Fueling expectations of further stimulus measures was a weak report on the labor market in the form of the ADP National Employment Report, which showed private payrolls post their first decline in eight months as coronavirus cases surge. However, a reading on factory orders for November exceeded expectations and indicated a sustained manufacturing recovery.

Analysts still expect the longer-term trend for the greenback to be weaker, however. Riskier currencies also surged, with the New Zealand dollar and Australian dollar touching their highest in nearly three years and holding onto most of the gains even as the dollar recovered.

The move was helped by a range of surveys overnight showing that manufacturing globally had proved resilient in December, despite rising coronavirus cases. Elsewhere, U. President Donald Trump escalated tensions with Beijing by signing an executive order banning U.

trading market news

After surging on Monday and Tuesday, the yuan softened, after China's central bank appeared to signal a preference for a more moderate pace of intervention. The gains eased slightly, with the cryptocurrency last up 4.

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Senate following a trading signals on options election in Georgia.