Europe opened in the Green Territory over 1% in Frankfurt Paris and Milan against Potsy in a decrease of 0.25%, in the US markets are close to a peak and before rising by about 0.5%, the dollar falls from 3.1
The year 2021 ended with double-digit returns in the major stock indices in the US and Europe. The S & P500 rose 27% year-on-year, with the Nasdaq and Dow Jones up 21% and 19%, respectively. The sectors that led the rises were energy, real estate and technology. The good rises in stock indices reflected, among other things, the rapid recovery of economic activity, including in the labor market, the continued expansion of macroeconomic policies, and the high profitability of business firms. And 600 rose by 21% on average in local currency, and the French stock index led with a 29% rise. Asian stock indices were uneven. On the one hand, stock indices in Taiwan and India rose by 24%, but on the other hand the Hong Kong stock index fell By 14% and the CSI300 index in China decreased by 5%. In the past year, the increase in commodity prices was also noticeable. .
U.S: The number of job seekers continues to decline. For now, the effects of the spread of the omicron are not noticeable in the labor market, and the ongoing weekly demands for unemployment benefits have fallen above and beyond forecast and reached the low level since the 2020 corona outbreak. The Case Schiller index of house prices in the twenty largest cities in the US rose by 0.9% in October, completing an annual increase of 18.4%, a slight slowdown from the annual rate in the previous two months. , As well as an increase in inflation expectations and yields.
Eurozone: The Houses of Parliament in Spain and Italy have approved the budgets of the countries for 2022. These budgets include funds from the EU Rehabilitation Program. As for corona infections, these have reached record levels at Christmas in France, Italy, Spain and many other countries. Many countries have tightened restrictions on gatherings ahead of the New Year’s transition celebrations. In Portugal, workers are asked to work from home throughout the week, and in France a similar decision is made regarding three working days a week.
China: A year of economic and regulatory upheaval ended with the main stock index falling by 5%. The Purchasing Managers’ Index of total output remained unchanged in December at 52.2 points. The profits of industrial firms rose in November at a lower annual rate than in October, due to the slowdown in the real estate industry and a weakening in demand for private consumption. New restrictions on direct investment abroad have also been set by Chinese businesses.