Here is what you need to know on Friday, January 3rd:
- The dollar surged, mainly against its high yielding rivals, despite risk appetite, remained strong. Safe-havens, however, continued to advance against the greenback.
- There were no political updates on the US-China trade war, neither about Brexit. Markit published the final versions of the December Manufacturing PMI, which suffered minor revisions.
- Wall Street opened with substantial gains, retreated mid-US session to later resume its advance, with the three major indexes once again reaching record highs.
- Stop gold extended its advance to $1,530 a troy ounce, holds nearby
- Crude oil prices closed in the red but remained within familiar levels.
- Crypto Today: Bitcoin smashes below $7000
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