
UK Struggles With New Coronavirus Strain, Pound Surges
Bank of England Governor Andrew Bailey said recently that the latest surge in the number of COVID-19 infections has put the British economy in shambles, delaying the country’s recovery.
Bank of England Governor Andrew Bailey said recently that the latest surge in the number of COVID-19 infections has put the British economy in shambles, delaying the country’s recovery.
According to Germany’s Federal Statistical Office, retail sales rose by 5.6% (annually) in November, higher than expectations of 3.9% but lower than the previous month’s 8.6% rise.
The British House of Commons approved the trade agreement with the European Union yesterday in a 521-73 vote, ending the Brexit saga just before the deadline.
The NASDAQ 100 erased its Thursday gains in a dramatic reversal, but longer-term bullish trends and nearby support levels hint at a potential recovery.
Ethereum rallied strongly on Thursday, eyeing a breakout above $4,000 as market sentiment improves and the 50-day EMA provides dynamic support.
Apple stock surged above the 200-day EMA on Thursday, defying broader market weakness and setting up a potential breakout toward the $250 level.