Open: New York Session | Forex, Metals, Oil, Agriculture November 25, 2021

A member of the National Guard plays a trumpet during a flag rai

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

To tackle the crisis will require the U.K s Boris Johnson and France s Emmanuel Macron to overcome their animosity and rebuild trust.

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