Black Friday starts today, while Beijing goes on lockdown again

The US equity markets were closed yesterday for Thanksgiving and are only open in the morning session today. Yet, people across the US will be shopping around the clock as it is Black Friday, the unofficial start of the holiday shopping season, while parts of Beijing are back in lockdown again due to the country’s Covid policy. Tim Gagie, Head of FX&PM Solutions Geneva, talks about the recent weakness in the USD. Carsten Menke, Head of Next Generation, takes a closer look at the continuing fallout from the crypto exchange FTX, but also highlights some positive trends. 00:09 Introduction and markets wrap-up by Mike Rauber (Investment Writing) 03:38 FX update by Timothy Gagie (Head of FX&PM Solutions Geneva) 06:41 Digital asset update by Carsten Menke (Head of Next Generation Research) 09:31 Closing remarks by Mike Rauber (Investment Writing)