Open: London Session | Forex, Metals, Oil, Agriculture January 11, 2021

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Currencies

Dollar indexThe dollar index closed marginally higher at 90.10 last week as against the preceding close of 89.94. Coming Up European stock-futures and U.S. futures are trending lower heading into Monday, after a mixed session in Asia and with the U.S. dollar trading higher. Following this, the dollar index has opened with a gap-up at 90.31 today, and it looks set to run up more. Moreover, the dollar index is signalling a rally in the greenback. So, the depreciation of the rupee can be attributed to a strong dollar.

Oil

As its title implies, it is not a barrel of laughs.

United States

Donald Trump may face another impeachment vote, social media companies face a reckoning and Europe struggle to contain Covid-19.

Europe

Under the EU s massive economic recovery program, more than 500 billion euros will start flowing to help the region clean up its energy, industry, transport and farming sectors. Unloved U.K. equities are winning some fans with a Brexit deal done and reflation optimism providing the positivity. We return from the holiday break this week with a preview of the EU’s major policy plans for 2021. Today, it’s climate.With Brexit out of the way, Green will be the buzzword of the year in Brussels.
Those are the conclusions published Friday by EU scientists.Today s AgendaAll times CET. Merkel’s successor.

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