Weekly Market Review 8th of November 2021

Monday 08 November 2021

  • Markets: Stocks all over the world rose to new record highs after the U.S. Federal Reserve said it would indeed reduce its substantial support for the world’s largest economy but took a patient stance towards raising interest rates from record lows.
  • United States: The U.S. Federal Reserve press conference announced the start of tapering in line with our expectations.
  • Eurozone: The Eurozone unemployment rate declined to 7.4% in September.

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