This is what you need to know to operate this Tuesday, January 26:
The dollar appreciated on risk aversion, gaining primarily against high-yielding rivals. The grim mood was the result of disappointing macroeconomic data and news related to a new US stimulus package, as President Joe Biden faces opposition from Republican and Democratic lawmakers.
Wall Street It tumbled in the early trading hours, but the indices trimmed most of their intraday losses, to close the day on a mixed basis. Yields on U.S. Treasuries fell to new three week lows on fears, with the yield on the benchmark 10-year bond falling to 1.03%.
The pair EUR/USD it is now trading at 1.2140, while GBP / USD is trading in the 1.3670 price zone, staying within familiar levels. Commodity-linked currencies also fell against the dollar, trading alongside equities.
He oro it advanced intraday, but dollar demand weighed, and the shiny metal closed the day unchanged at $ 1,855 a troy ounce. Crude oil prices posted a modest intraday advance, but remained within familiar levels.
Coronavirus: The UK reported a continued decline in new infections and new deaths, and UK Health Secretary Matt Hancock said there are early signs that the latest measures against COVID-19 are “working”. Still, there are no intentions to lift the restrictions for now, but on the contrary, they are studying tougher measures for travelers.
Additional restrictions are also being considered in the US, as the country reported more than 420,000 deaths since the pandemic began.
Modern is looking at adding booster doses to its vaccination regimen after discovering that its vaccine for Covid-19 was less effective against the South African variant. However, the vaccine has been confirmed to provide immunization against the UK strain.
Israel it continues its mass immunization and reported a 60% drop in hospitalizations for those over 60 three weeks after the first injection. The country has already granted 3.6 million doses, and more than 1 million citizens have received both injections. A total of 65.7 million injections have been administered worldwide. Delays in vaccine production and delivery continue.
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