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Daily Dose of financial news for investors & traders; Virgin Money & Disney surge, Coal stocks rally.mp4
Daily Dose of financial news for investors and traders; The major US indices closed in the red on Monday on concerns China may tighten Covid restrictions with one region near Beijing suspending schools, locking down universities and asking residents to stay at home for five days, after cases spiked back to April levels. While investors are also weighing up more Fed speaker commentary, while bracing for the more Fed speak and the FOMC meeting minutes. Virgin Money (VUK) shares surge after the bank reported stronger than expected profits for the year to Sept. 30 and upgraded its outlook. Oz Minerals (OZL) option trading volume increased dramatically with more traders betting OZL shares will rise. Brent oil briefly flipped into contango earlier, after dropping 6.1% to below $85 for the first time since September. In FX, focus is on the commodity currency, the Aussie dollar, and the NZ Dollar.
08:09 minutes
Tags: fx, markets, shares, stocks, video