Financial Week in Review 1/7/22

Global equities index remains within recent range with volatility causing deviations across international markets. SP500 sells off, while FTSE 100 sees risk appetite increase.

The dollar sees significant devaluation against the pound.

New job posting numbers in the US sees a large range over holiday period.

REITs don’t escape this correction.

In commodities food crops level out, while metals and oil rise. OPEC crude back around $80 a barrel.

US yield curve steepens. Consumer rates follow.

Inflation expectations temper.

Financial and consumer necessities sectors outperform. Biotech sees biggest selloff.

BTC correction now at a 40% max drawdown from Nov peak.

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