Open: London Session | Forex, Metals, Oil, Agriculture January 21, 2022

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Metals

That s on top of investors who say the EU s ambition to set the gold standard in environmental finance is under threat.

Oil

Oil also declined alongside other financial assets and commodities as crude s sizzling rally ran out of steam after hitting a seven-year high. Did you see 200 million oil barrels?

United States

Valuation doesn t help with timing, but it does give an indication of the scale of the downside, which for the biggest companies in the Nasdaq is still great. The tech-heavy Nasdaq 100 fell into a correction on Thursday and the more speculative pockets of the U.S. stock market have been under pressure for months. Even after being corrected, the Nasdaq 100 is still above the upper limits of that trend. Here, for reference, is what has happened to the Nasdaq 100 index over the last 13 years.
Assets Selloff Stocks are slumping globally after a late-day reversal on Wall Street on Thursday. The Nasdaq 100 was in the middle of the pack.

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