What you need to take care of on Thursday, December 29:
The US Dollar dollar advanced in the last trading session on Wednesday, helped by a souring market mood. Global stock markets closed in the red, with the focus still on China and the potential effects of a full reopening. On the one hand, market players welcomed news the government is shifting away from its zero-covid policy to favor economic growth. On the other, it fears that such change would fuel price pressures and put skyrocketing inflation under the spotlight. Major indexes are headed to post the worst year in over a decade.
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