Top Gainers – The World Market
The US dollar has been weakening for the 3rd week in a row for the same reason. Democrat Joe Biden's victory in the presidential election increases the chances of further easing of the Fed's monetary policy and allocating funds to the US economy to counter the consequences of the pandemic. Investors do not exclude that the Fed may announce additional economic incentives at the December 16 meeting. Higher prices for copper and non-ferrous metals boosted Sandfire Resources. The euro strengthened amidst strong retail sales and industrial production in Germany.
1.Sumco Corp., 22,8% – a Japanese manufacturer of ultrapure silicon for the electronics industry
2.Sandfire Resources, 21,8% – an Australian non-ferrous and precious metal (including copper) mining company
Top Losers – The World Market
1. Treasury Wine Estates Ltd – an Australian wine and beer producer
2. CNOOC – a Chinese oil and gas company
Top Gainers – Foreign Exchange Market (Forex)
1. EURZAR, EURHKD - the growth of these charts means the strengthening of the euro against the South African rand and the Hong Kong dollar.
2. EURUSD, EURJPY - the growth of these charts means the strengthening of the euro against the US dollar and the Japanese yen.
Top Losers – Foreign Exchange Market (Forex)
1. USDDKK, USDTRY - the drop of these charts means the weakening of the US dollar against the Danish krone and Turkish lira.
2. USDPLN, GBPNZD - the drop of these charts means the weakening of the US dollar against the Polish zloty, and the British pound against the New Zealand dollar.