Santa rally in play, gold inches higher

Overnight Headlines *S&P500 hits a fresh record high in thin holiday trade *PBoC pledges more “proactive” monetary policy, hints at easing property curbs *Brent crude soars through $78 as the risk trade cranks up *Japan industrial production for November rises …

Week Ahead: Bulls hoping for a Santa rally

The Christmas holiday week is normally a low volatility one. But the Omicron variant and thin liquidity may upset the historical precedent. We wrote recently about the traditional Santa rally in stocks which actually commences in the final five trading …

Record-high stocks offset lingering uncertainty

Overnight Headlines *Third dose of Astra Zeneca jab increases antibody levels against Omicron *US and Russia to hold talks in early January, says Putin *German import prices rise at fastest pace in nearly 50 years *US data suggests the economy …

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