Today's market sentiment is being of appetite for risk. The distribution of vaccines for covid-19, as well as the stimulus that have been launched, support positive sentiment.
Unprecedented measures taken by governments and central banks to support economies have encouraged investors to focus on the outlook for the next year, even if restrictions are likely to be increased because of the virus.
The dollar continues to fall against most rivals on Monday due to strengthened optimism in the global economic recovery this year.
Treasury yields rose in Asia, ending the last session of the year with moderate movement.
Although oil prices are stabilizing due to optimism about vaccines for Covid-19, the market has not yet forgotten the uncertainty surrounding the virus. Crude oil gains may be limited due to the possibility of more mobility restrictions as countries seek to return to lockdown.
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