Evergrande Default, Jobless Claims, Sterling Slump – What’s Moving Markets By Investing.com – Investing.com

Evergrande Default, Jobless Claims, Sterling Slump – What’s Moving Markets By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- China Evergrande is formally in default, but Chinese assets react with a shrug. Weekly jobless claims are due, while central banks around the world continue to tighten monetary policy increasingly aggressively. Stocks are set to open lower as Amazon (NASDAQ:) gets another antitrust fine and GameStop (NYSE:) disappoints its retail investor army. The pound slumps to a 2021 low as Covid-19 restrictions are reintroduced. Here's what you need to know in financial markets on Thursday, 8th December. 

1. steady, Chinese markets rise as Evergrande defaults