Top Gainers – The World Market
The US dollar weakened noticeably over the past 7 days. Investors fear a rise in inflation in the USA amid large-scale measures to stimulate the American economy. Against the backdrop of continued growth in global prices for oil, copper and non-ferrous metals, the commodity-based currencies such as the Russian ruble, the South African rand, the Australian dollar, the Norwegian krone have strengthened. The Turkish lira was supported by the increase in the rate of the Central Bank of Turkey at the end of 2020 to 17%. At the same time, the Central Bank of Turkey intends to keep high rates until 2023 and expects inflation to drop to 10% by the end of 2021.
1.Mitsubishi Motors Corporation, 27,6% – japanese automobile company
2. Kobe Steel, Ltd., 27% – japanese steel company
Top Losers – The World Market
1. Origin Energy Ltd – Australian electricity and gas producer
2. Unilever PLC – British manufacturer of food and consumer products
Top Gainers – Foreign Exchange Market (Forex)
1. AUDUSD, AUDJPY - the growth of these charts means the weakening of the US dollar and the Japanese yen against the Australian dollar.
2. AUDNZD, GBPNZD - the growth of these charts means the weakening of the New Zealand dollar against the Australian dollar and the British pound.
Top Losers – Foreign Exchange Market (Forex)
1. EURRUB, USDRUB - the drop of these charts means the weakening of the euro and the US dollar against the Russian ruble.
2. USDZAR, USDTRY, USDNOK - the drop of these charts means the weakening of the US dollar against the South African rand, Turkish lira and Norwegian krone.