The Dollar Erases More Than Half of This Year’s Gains | Economic News Today

Here's your economic news today: China is set to announce a further easing of COVID restrictions. OPEC+ responded to surging volatility and growing market uncertainty by keeping oil production unchanged. The US dollar has erased more than half of this year’s gains as optimism grows over China’s reopening plans.

In this video:
0:00 Morning Jog 12-6-2022
00:32 China is easing their COVID restrictions
01:33 OPEC is still pushing oil to China
02:06 Dollar starts to come down from the top

#economicnewstoday #chinacovid19 #opecoilproduction #usdollarratetoday

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Sources:

https://www.reuters.com/world/china/covid-confusion-china-authorities-row-back-curbs-2022-12-05/

https://www.bloomberg.com/news/articles/2022-12-04/opec-holds-oil-production-steady-as-russia-sanctions-china-covid-roil-markets

https://www.bloomberg.com/news/articles/2022-12-05/dollar-erases-more-than-half-of-this-year-gains-on-fed-rate-bets

Видео The Dollar Erases More Than Half of This Year’s Gains | Economic News Today канала Exencial Wealth Advisors