Close: London Session | Forex, Metals, Oil, Agriculture November 25, 2021

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Currencies

The big build-up in the Fed s balance sheet since early 2020 has meaningfully mitigated the ripple effects from a strong dollar to global financing conditions, she said. Today we look at the potential problems of a strengthening dollar, port congestion and the return of global imbalances. The dollar is appreciating as investors start building in a more aggressive withdrawal of Federal Reserve monetary stimulus. Dollar DangerE View in browser ello.

Oil

Saudi strength | Saudi Arabia and its controversial leader are emerging stronger from the Covid crisis as oil revenues boom.

United States

San Francisco Fed President Mary Daly said on Wednesday that she d support a faster taper if data stay strong.

China

But even as the CEO of JPMorgan, the biggest U.S. bank, backtracked, the episode also shows how people and organizations are becoming bolder in challenging Beijing.

Europe

EU to propose 9-month limit on Covid vaccine validity for travel German deaths pass 100,000 with c View in browser Here s the latest news from the pandemic. It adds to pressure on Prime Minister Boris Johnson over his pandemic decision-making, ahead of a public inquiry due to start next spring. Although fish represents only a small share of both the French and British economies, the stakes are especially high for French President Emmanuel Macron, who faces re-election next year.
Britain will hold off suspending parts of the Brexit deal relating to the region and keep negotiating with Brussels. To tackle the crisis will require the U.K s Boris Johnson and France s Emmanuel Macron to overcome their animosity and rebuild trust. That s because EU-based carriers must be owned and controlled from within the EU so post-Brexit, U.K. nationals don t qualify anymore. Lizzy BurdenWe aim to keep you up to date on how the U.K. navigates the world after Brexit.
U.K. Brexit Minister David Frost meets European Commission Vice-President Maros Sefcovic in London on Friday.Business will be relieved that tensions have cooled for now. For full EU coverage, try the Brussels Edition.

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