Hi friends Today's main news which may impact our stock market -
Global-Market Insights
-US Futures & Asian indices show the weak opening
-An interest rate hike & inflation is the biggest concern along with the new Covid variant
-The dollar index is at 96.75 and call money rates is rising across the globe
-US markets were closed on Thursday and half day today
-A new coronavirus variant of serious concern is found in South Africa
-The new variant B.1.1.529 carries an unusually large number of mutations
-UK temporarily bans flights from SA
-Goldman Sachs believes Fed will tighten policy faster than previously anticipated
-Bond tapering could be $30 billion a month from January
-Rate hike in September and December and twice in 2023
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