Topsy-turvy markets and its NFP day!

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It’s a rare day when the keynote data release of the month is not the main headline act to round up the first week of December. But it’s been no ordinary year or month so far with the Omicron news grabbing the world’s attention with every scientist’s view under the spotlight.

Yesterday saw a sharp rebound in risk appetite with US stock markets bouncing back. Defensive sectors underperformed while energy and industrials headed the pack of leaders. This helped the Dow post a gain of 1.8%, which lifted it above its 200-day simple moving average. Prices had been oversold on the daily RSI, but… Read More:

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