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Major Global Indexes The news of emergence new mutations quake the global financial markets

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Global Financial Markets

The Global financial markets were shocked by the announcement of the spreading of the ‘omicron’ mutation known to be more powerful than delta’s mutation of coronavirus. The market was hard hit when it was announced that the World Health Organization (WHO) classified the omicron mutation quickly spreading across South Africa as a “variant of concern.”

 

On 26th (local time), The New York stock market plunged the highest this year, and another major European market also plunged. Futures markets for oil and cryptocurrencies also dropped.

 

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The New York Stock Exchange plunged the highest this year.

 

Today was Black Friday, the largest shopping day in the US; however, the New York Stock Exchange hit “Black Friday“.

 

As per CNBC within the US, it was the highest drop in the past year. It was reported that the Dow Jones Industrial Average closed at 34,899.34, which is down 905.04 points (2.53 per cent) from the battleground. The Standard and Poor’s (S&P) 500 index dropped 106.84 points (2.27 per cent), closing at 4594.62. The tech-focused Nasdaq index closed at 15,491.66, down 353.57 points (2.23 per cent) in both cases.

Global Financial Markets

Global Financial Markets

 

The Wall Street Journal (WSJ) stated that “the one-day decline of these three main indexes marked among the largest Black Friday since 1950, where statistics can be tracked.” The reality is that it was the Chicago Options Exchange (CBOE) Volatility (VIX) Index, known as Wall Street’s fear index, that was up 47 per cent the same day. It climbed by 27 percentage points, indicating investors’ trepidation.

 

Shares of companies such as energy, aviation and travel also plunged sharply. Expedia was down 9.5 per cent, United Airlines 9.6%, Royal Caribbean Cruises 13.2 per cent; Marriott 6.5% and ExxonMobil dropped 3.5 percentages each. However, Moderna’s share price increased by more than 20% due to the growing vaccine demand.

 

Europe, Latin America, and Asian stock markets also plunged one after the other.

 

The impact of this new change on the major European countries was much greater. It was reported that the Paris Stock market’s CAC40 index dropped 4.75 per cent from the previous day’s closing, while the German Frankfurt index of the DAX30 index dropped 4.15 per cent. In the UK, the London Stock Exchange FTSE 100 index dropped 3.64 per cent, while the Euro Stoxx 50 pan-European index dropped 4.74 per cent.

 

The Asian market, including Latin America:

Also plummeted, as per Bloomberg News, the average Japanese stock price of Nikkei 255 fell 2.53 per cent, the highest decline in the past five months since the 21st of June.

 

WTI/Bitcoin secure, weak assets like US Treasury bonds and gold solid

 

These cryptocurrencies that have high volatility are showing signs of weakness. According to CoinDesk at 22:30 p.m. Eastern time, Bitcoin was trading at $54,303.85, down 7.85 per cent from a day prior. Bitcoin is a specific cryptocurrency; it also saw an 8 per cent drop per cent on the same day.

 

As nations around the globe implemented restrictions on movement, including a ban on access from South African countries, the crude oil futures market took a huge loss. According to the New York Mercantile Exchange (NYMEX), West Texas Intermediate (WTI) is scheduled to be delivered in January of next year dropped 11.3 per cent ($8.89) for each barrel to end at $69.50, which was lower than the $70 threshold per barrel.

 

On the other hand, certain assets such as US Treasury bonds and gold show signs of strength in foreign media, like Reuters said.

 

So this is all about Global financial markets shaken by news of emergence of new mutations.

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What is the purpose of the international monetary fund and the World Bank apex? Want to know more about what is or will be happening in Global financial markets then ask in the comment box and we will discuss all in details.

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Carambolage autoroute 20: Highway 20 was finally reopened and Lévis area become nightmare 2022

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Carambolage autoroute 20

Stay safe while driving through the Lévis area of the Carambolage autoroute 20 (highway 20).  Major collisions occurred in the Lévis area city of Canada, but none of the accident or injury was reported. Thanks to the authority/department who manage safety precautions in Canada.

After a nightmare day, Highway 20 was finally opened Wednesday evening. Numerous motorists were shocked by Wednesday’s weather, leading to significant accidents and closing a large section of the 20.

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Road grip was reduced by snow and freezing weather. The first incident occurred just before 11 a.m. on Highway 20 West near Avenue Tanita.

A few kilometres further on, two other significant collisions occurred. A few dozen cars and heavy vehicles were also involved. The Surete du Quebec and the Ministry of Transport arrived on the scene to assess the damage.

Check out QUEBEC 511 Twitter Alert

To allow authorities to complete their work, Highway 20 was closed between Kilometer 314 and Kilometer 330. A tow operation was performed near Chemin des Iles for 12 vehicles, from 1:30 p.m. to late afternoon.

This location also saw two trucks collide, which required the intervention of a giant truck. The Surete du Quebec diverted traffic from the Lallemand road, which caused a massive traffic jam.

Traffic was diverted to the municipal network, mainly Boulevard Guillaume-Couture. The 20th of the day saw the damaged cars being moved first before they could be driven by the stuck cars.

If this were not enough, another accident happened near the Saint-Etienne exit.

Patrick Vallieres of the Levis Fire Department stated, “Fortunately, there aren’t any serious injuries and nobody is incarcerated.” Two ambulances were still sent to the scene to treat minor injuries.

Some Levis were transported to the Hotel-Dieu de Levis by a bus belonging to the Societe de transport de Levis. Even worse than Monday, the conditions were still dangerous with wind, snow blowing and icy roads. It was excruciating to return home.

The Quebec region will experience its coldest winter days after a brief lull Thursday. Friday and Saturday should be the coldest, with temperatures dropping to -27 degrees Celsius.

What Happened In Past Years @ Carambolage autoroute 20

carambolage autoroute 40 5 fevrier 2021 / carambolage autoroute 20 27 juin 2021 / carambolage autoroute 40 2 fevrier 2021

Other massive pileups in the region have also occurred in recent years. On March 17, 2015, a significant pileup on Highway 20 injured a dozen people between Saint-Roch-des-Aulnaies and Saint-Jean-Port-Joli. Some 200 vehicles were also trapped in accretions along Highway 20 near Val-Alain on February 2, 2019.

Finally, twenty-seven vehicles collided on Highway 73 north near Breakeyville on February 7, 2020.

Check out the live footage at Carambolage autoroute 20

These images are taken on Wednesday 19th January 2022, Lévis area Carambolage autoroute 20, Canada

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Carambolage autoroute 20

Storm in Quebec on December 6th 2021

If you are living in Canada or interested in Canadian life, then visit icsbusiness.net.

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Hawkish Fed Minutes – Don’t do business with Bitcoin and other Crypto’s as global stocks fall

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Bitcoin

Is it true that global stock falls on hawkish fed minutes? If not then there is a news released globaly that the fed is fueling fear and uncertainty. Also the fed warning crashes bitcoin and cryptocurrenties prices.

Thursday News: Bitcoin and other cryptocurrencies dropped dramatically, as the Minutes that were hawkish of the December Federal Reserve meeting weighed on the world’s risk assets.

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What was the trading?

Bitcoin was trading at $42,835.82 in the last 24 hours, down around 3 percent from the previous 24 hours in line with Coin Metrics data as of 11:45 a.m. ET. At one point, it dropped to the low of $42,496 and then fell to the lowest point within one month.

What about other cryptos?

Other cryptocurrencies fell as well. Ethereum decreased more than 6 percent to $3,388.32, while the Solana price dropped 5percent to $149.75.

The crypto market sell-off came after the market fell on Wednesday after the publication of the December Fed meeting minutes. The central bank said that it would ease its monetary policy that is supportive by reducing the number of bonds.

Fed Hawkish Minute: The Fed also stated that it could need an opportunity to hike interest rates earlier than initially planned.

The ten-year benchmark Treasury yield was over 1.7 percent on Wednesday.

The growth assets like technology stocks are usually affected by rising rates because future earnings are less appealing for investors when yields are more significant. The same sentiment is spreading to cryptos and other cryptocurrencies, considered more risky assets.

“Overall I believe that the markets around the world have been showing weakening in the wake of recent Fed actions to increase rates of interest. Therefore, I believe the recent decline is connected. We’ve witnessed U.S. markets fall yesterday and consequently the other risk asset classes performed similarly poorly, even crypto,” Vijay Ayyar, vice-president of international development, corporate and for cryptocurrency exchange Luno.

“Specifically regarding Bitcoin as well as crypto currencies, the last four weeks have seen some sluggish price movements due to a lack in interest/demand as well as the holiday season and similar reasons.”

Stocks across Europe and Asia-Pacific also fell on Thursday.

Yuya Hasegawa, the crypto market analyst at Japanese bitcoin exchange Bitbank, warned that bitcoin’s price could plummet further and fall to as low as $40,000 if the December nonfarm payrolls data show strong job growth.

“The downward pressure on the price is expected to continue until the market fully prices in the tighter-than-expected future monetary policy,” Hasegawa said in an emailed note Thursday.

 

Check out the Google Finanace on BitCoin Today Market

https://www.google.com/finance/quote/BTC-INR?sa=X&ved=2ahUKEwjy6YC34531AhUsTmwGHYiaCUYQ-fUHegQIBxAS

 

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Hurrra! Happy Festivus is here for the rest of us – holiday festivus

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Festivus

Welcoming to Festivus the celebration for “the the rest all of us.”

Are you getting bored of Christmas even though it’s not yet here? Maybe you don’t celebrate Hanukkah or other winter holidays.

HOLIDAYS! If you are, then December 23 is the day to be celebrating.

The holiday was first introduced by the sitcom of the 1990s, “Seinfeld.” As stated in the tenth and final episode from season nine, George Costanza’s father, as played by the Late Jerry Stiller, was not a big fan of Christmas’s religious or commercial aspects, and so father created Festivus.

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In the time of Festivus, the pole of aluminum was erected instead of the tree. The family will gather to enjoy the traditional Christmas meal of meatloaf sitting on a bed of lettuce in a lettuce bed, on a lettuce-covered bed “air all your complaints” with them, revealing all how they’ve disappointed you in the past year.

If that’s not enough, then there are “feats of power” where one of your family members engages an individual in attendance. According to the Festivus website that Mark Nelson runs, Festivus will not end when the head of the family is pinched.

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Festivus

Festivus

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