XE Market Analysis: Europe – Dec 04, 2020

Currencies have settled in relatively narrow ranges so far today, with the dollar and yen consolidating recent sharp declines. Global asset markets have remained buoyed, though mixed. The main U.S. equity indices hit fresh highs yesterday and copper prices today posted new near-seven-year highs today in Asia trading. South Korea’s KOPSI pegged a new record peak, though the main equity indices in China, Japan and Australia remained off recent highs. U.S. equity futures also showed moderate gains.