22.01. Fresh trading analysis: pessimism on the markets, oil is down

Friday, January 22nd, today’s news—European markets retreat after a strong week, ECB holds interest rates steady, possible new COVID restrictions weigh, new economic data in focus. American markets also fall after S&P 500 hits new highs, bitcoin falls below $30,000 in a cryptocurrency sell-off, dollar continues to weaken, oil falls amid the new coronavirus outbreak in China. The price of Brent oil is $55.38, WTI—$52.35, EUR/USD is at 1.2176, GBP/USD—1.3683, gold is $1,862.15 per ounce. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market during a time of volatility.