Investing.com investing.com 05 Jan, 2021 12:15 am

Georgia Runoffs, Yuan High, OPEC+ Deadlock

Georgia Runoffs, Yuan High, OPEC+ Deadlock
Georgia Runoffs, Yuan High, OPEC+ Deadlock - What's up in Markets

com -- Georgia holds its key Senate election runoffs, China's yuan gets fixed at its highest level in 15 years, while Germany is set to extend its current partial lockdown by six weeks.Yuan, Chinese stocks surge as NYSE has a change of heart The yuan hit its highest level in over two years and the People’s Bank of China set its highest official daily fixing for the currency since 2005, against a backdrop of an economy that is still growing robustly in contrast to much of the rest of the world.9% to its highest level in 13 years, helped by an abrupt change of heart by the New York Stock Exchange, which abandoned its plans to delist three of the country’s biggest telecom companies.Germany set to extend partial lockdown; Pound bounces after total lockdown announced Germany is set to extend its current restrictions on social and business life by another three weeks to the end of January, a day after the U.

announced it's going into full lockdown for six weeks.Amazon scraps its healthcare JV with JPMorgan and Berkshire Hathaway, while OPEC and Russia remain deadlocked over how much oil to produce next month.

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