- As mergers-and-acquisitions activity picked up along with China suggesting a softening of measures, US equity futures and European stocks started the Thanksgiving week on a positive note.
- After a turbulent week where the benchmark gauge underperformed the technology measure, December contracts on the S&P 500 and Nasdaq 100 gauges both increased 0.4%. The Stoxx 600 index in Europe rose for the first time in three days, as transaction activity served to alleviate some of the fears over the spread of covid-19.
- Investors see few choices amid growing prices and a prolonged pandemic that threatens global recovery, giving US equities are at record highs and surpassing the rest of the globe. Concerns over high valuations and the possibility for the economy to overheat as a result of the Fed's and Treasury's permissive policies have slowed but not stopped the surge.
- Germany’s Chancellor Merkel: The German COVID situation is the worst it has ever been; More strict measures are needed.
- UK's Prime Minister Johnson: Forecasting a robust post-covid economic rebound.
- ECB: Banks are falling short of expectations on climate risks.
- UK Investment Minister: The UK-GCC are now negotiating a free trade deal, which should be completed within the next 12 months.
