Bitcoin Skyrockets Through All-time Highs As It Tops $22,000

Fedex: Delivery firm Fedex (FDX) has nearly doubled its share price in 2020, as the surge in online commerce due to the COVID-19 pandemic has driven huge demand for shipping and returns. The company delivers its latest set of quarterly earnings after the market close today, following a massive earnings beat when it last presented results back in September. Fedex’s involvement in COVID-19 vaccine delivery will be a likely point of focus on the earnings call, as will how its network is holding up in the face of holiday shipping demand. Wall Street analysts expect an earnings per share figure of around $4.

Initial weekly jobless claims: Another set of initial weekly jobless claims figures will be released on Thursday, after a jump from 716,000 to 853,000 the previous week. Continuing increases in jobless claim figures would support the idea that the US economic recovery is stalling.

Bank of England rate decision: The Bank of England will hold their latest Monetary Policy Committee meeting today at 12:00 PM GMT and whilst no significant changes are expected, they may allude to potential action in the event of a no deal Brexit should it be required. However, at this stage tools are somewhat limited given rates are already at 0.1%

All data, figures & charts are valid as of 17/12/2020.

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