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Equities and oil rise on China reopening, US CPI in focus
Sentiment was given another boost ahead of today’s US CPI report with China continuing to scale back restrictions and suggesting international travel could be on the horizon.
Chinese yuan, stocks and commodities slump
Just when you thought the c-word was no more a thing for the markets…
Asian Open: UK logs first known Omicron death
The United Kingdom has recorded the first known Omicron-related death, as the World Health Organisation warns that variant could pose as a global risk.
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Asian Open: Omicron spreads to its 29th country, including the US
The Omicron continues to make waves as it now accounts for around three quarters of cases in South Africa, with the US now reporting its first case.
Risk-off returns as Moderna CEO makes glum prediction
An article in the Financial Times triggered a fresh round of selling before the European open, as Moderna’s CEO predicts vaccines will be less effective.
European Open: Equities broadly lower, GBP/AUD breaks out
US markets are closed just after lunch today. But that is not to say it will be a dull session if price action overnight is anything to go by.
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