Close: London Session | Forex, Metals, Oil, Agriculture November 21, 2022

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Currencies

As a result, risk aversion returned to markets, with stocks falling and demand rising for the dollar. The dollar powered higher, pressuring all Group-of-10 currencies.

Metals

That s why many of big offset-verifying bodies like Verra and Gold Standard have stopped approving renewable-energy projects, unless they are in the poorest countries. Another investigation in this series looked at the Qatar-based Global Carbon Council that has sprung to verify the very offsets that Verra and Gold Standard are giving up on. Oil and gold fell, while Bitcoin slid more than 1%.

United States

Today we look at the mounting cost of celebrating Thanksgiving and Christmas in the US, the week s big economic events and Nomura s stress test of emerging markets. Today we look at the mounting cost of celebrating Thanksgiving and Christmas in the US, the week s big economic events and Nomura s s View in browser Hello. The US went further on a proposal that wasn t even on the table at the start of the summit. All but Japan scored above the danger level of 100, led by the US and UK.
Nasdaq 100 contracts slid 0.8%.

China

They are resisting the Joe Biden administration s sweeping chip curbs on Beijing and advocating against efforts to split the world into competing blocs. As Daniel Ten Kate, Samy Adghirni and Rebecca Choong Wilkins report, that s another fillip for President Xi Jinping.

Europe

He s under pressure to ease economic tensions with the EU and let more skilled workers into the UK to address the country s economic problems. President Emmanuel Macron accused Russia of a predatory strategy to fuel anti-French sentiment in Africa, where France has suffered military setbacks and lost influence in recent years. As Alex Morales reports, a weekend report that the UK was seeking closer relations with the EU similar to those enjoyed by Switzerland angered Brexit supporters.
Brexit pushback | The UK isn t seeking a Swiss-style relationship with the European Union, Rishi Sunak s government said, pushing back against a Sunday Times report.

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