Is A Santa Rally Back On The Agenda Now?

This is our weekly market update where we start in the US, cross to Europe and Asia, and end in Australia, covering commodities and crypto along the way. Generally, markets trend higher in December, in the so-called Santa rally as traders position to maximise end of year returns. So, after last week’s shemozzle is Santa set to deliver this year? Well, certainly U.S. stocks climbed on Friday in thin trading volume during a shortened session after Thanksgiving, Black Friday and the upcoming Cyber Monday – crucial days of sales for big-box retailers, driven by gains in retail and a recovery […]