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Turkey’s lira plummets against the dollar as it strives for equilibrium in the wake of unprecedented rally last week spurred by the introduction of a new deposit tool to shield savers from a depreciating currency https://t.co/OxdwYwZHNU

China to remove limits on foreign investment in passenger car manufacturing https://t.co/czVXONujQ6

Stock Futures Muted After Christmas Holiday https://t.co/gNxRXQEaPl


Editorial

Calm Surface Masks Lack of Conviction: Overview:  The downside reversal in US stocks yesterday seemed to accelerate after the first case of the Omicron variant was found in the US.  In itself, it should not be surprising, but perhaps, what was especially… https://t.co/juPicYfeh6

The reversal of US equities yesterday & Apple's warning about demand is spilled over into Asian and European trading today. $USD is mostly lower but is back above $JPY 113. Crude is firm but near recent lows as OPEC+ is awaited. US govt shutdown tomorrow? https://t.co/bAjclkUr7w


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