It has been quite a quiet start to the week with many major markets still closed for Xmas holiday, but no one saw Santa coming this year, have you?

On the contrary, the Bank of Japan led drama across the global financial markets reminded that the year will certainly not end on a positive footage, Amazon became the first US megacap to lose more than a trillion USD in market cap, and the expectations for the S&P500 are very much mixed…

…even though the last trading week of the year is expected to be marked by a ‘Santa rally’.

A few encouraging news could, indeed, give a minor boost to equity markets, among them the softer US PCE data, and the Chinese reopening news despite hundreds of millions of new Covid cases that threaten a smooth coming back.

Listen to find out more!