Top Gainers - global market
Over the past 7 days, the US dollar index continued to decline and updated a 5-month low. Based on US statistics, market participants expect a slowdown in the Fed rate growth. According to CME FedWatch, at the next Fed meeting on December 14, it will be increased by only 0.5% to 4.5% with a probability of about 80%. Earlier, the US regulator raised the rate by 0.75% 4 times in a row. The 10-Year US Treasury yield hit a new 9-week low of 3.5% on Friday. The weakening of the South African rand came amid risks of impeachment of South African President Cyril Ramaphosa. The Canadian dollar fell against the backdrop of falling oil and gas prices. In addition, investors expect the Bank of Canada rate to increase by only 0.25% to 4% at the meeting on December 7 from the current level of 3.75%. The Japanese yen continued to strengthen from its 30-year low, which looks like a USDJPY high. Earlier, the Bank of Japan (-0.1%) said it would not allow the yen to weaken too much. Recall that the meeting will be held on December 20.
1. DOGEUSD, +25.7% – Dogecoin cryptocurrency (DOGE)
2. Wynn Macau, Limited, +46.3% – casino and hotel management company in Macau
Top Losers - global market
1. Henry Hub Natural Gas Futures CFD – US natural gas
2. Healius Ltd. – Australian health insurance company.
Top Gainers - foreign exchange market (Forex)
1. EURZAR, USDZAR - the growth of these graphs means the strengthening of the euro and the US dollar against the South African rand.
2. NZDCAD, GBPCAD - the growth of these graphs means the weakening of the Canadian dollar against the New Zealand dollar and the British pound.
Top Losers - foreign exchange market (Forex)
1. CADJPY, CHFJPY - the decline of these graphs means the weakening of the Canadian dollar and the Swiss franc against the Japanese yen.
2. USDJPY, USDNOK - the decline in these graphs means the strengthening of the Japanese yen and the Norwegian krone against the US dollar.