Headlines:
- China to extend tariff exemption for 124 US import items until 30 June next year
- Vaccine booster effectiveness seen waning after one month, latest study shows
- China's 'two sessions' to begin on 4 March 2022, state media reports
It's all quiet as we wind down to the festive period. FX is relatively little changed but US futures are pointing higher after yesterday's advance, sticking with the Santa Claus rally. There's not much else to really point out as liquidity conditions are rather thin, so make what you will of price action in the market during this time.
The typical saying in times like this is that you don't need to be a hero. And that's exactly that.
I wish everyone a very Merry Christmas and happy holidays! Stay safe and enjoy the weekend.
